M+ Online Market Wrap - 4 Apr 23

FBM KLCI: 1,429.61 pts (-3.78pts, -0.26%)
The FBM KLCI (-0.26%) slipped amidst mixed regional markets as rising crude oil price triggered renewed worries over inflation pressure. Market breadth turned negative as the decliners outnumbered the advancers by 439-to-417 stocks. Nevertheless, buying momentum persisted in the energy sector (+1.15%) as ARMADA (+4.0 sen), DIALOG (+3.0 sen), and YINSON (+3.0 sen) continued to march higher.   

Top 3 Active stocks:
FITTERS (9318): RM0.08 (unch)
REACH (5256): RM0.055 (-2.0 sen)
VINVEST (0069): RM0.205 (unch)

Volume: 2.63 bn (100-day avg vol: 3.35 bn)
Value: RM1.73 bn (100-day avg val: RM2.11 bn)
Market Breadth: ⬆️417 ⬇️439
Crude palm oil: RM3,943 (+RM59)
Dow Futures: 33,790 pts (+4 pts)

Source: Bloomberg, M+ Online

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