M+ Online Market Wrap - 12 Apr 23

FBM KLCI: 1,434.74 pts (-1.15pts, -0.08%)

The FBM KLCI (-0.08%) ended marginally lower amid mixed sentiment across the regional markets ahead of the CPI data that will be released later tonight; the key index was dragged by selected energy and banking heavyweights. Market breadth turned negative as the decliners outpaced the advancers by 469-to-359 stocks. The transportation & logistics sector (+2.12%) outperformed the broader market amid advances in AIRPORT (+12.0 sen), GDEX (+2.5 sen), and SYSCORP (+10.0 sen), followed by the construction sector (+1.56%) powered by GAMUDA (+9.0 sen), IJM (+3.0 sen), and WCEHB (+2.5 sen). 

Top 3 Active stocks:
REVENUE (0200): RM0.33 (+6.0 sen)
HONGSENG (0041): RM0.13 (+0.5 sen)

TOPGLOV (7113): RM1.12 (-3.0 sen)

Volume: 2.80 bn (100-day avg vol: 3.33 bn)
Value: RM1.79 bn (100-day avg val: RM2.10 bn)
Market Breadth: ⬆️359 ⬇️469
Crude palm oil: RM3,780 (-RM108)

Dow Futures: 33,908 pts (+56 pts)

Source: Bloomberg, M+ Online

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