M+ Online Market Wrap - 13 Apr 23

FBM KLCI: 1,434.22 pts (-0.52pts, -0.04%)

The FBM KLCI (-0.04%) ended marginally lower as cautious sentiment persisted throughout the session with rising recessionary concerns; we observed that the gold price surged above the USD2020 level. Market breadth was still negative with the decliners led the advancers by 443-to-429 stocks. The technology (+0.77%) and energy (+0.43%) sectors were the leading sectors for the session. Within the technology sector, MYEG was the leading stock, rising 10.5 sen, while in the energy sector, DIALOG up 2.0 sen. 

Top 3 Active stocks:
MYEG (0138): RM0.875 (+10.5 sen)
BSLCORP (7221): RM0.05 (unch)

HONGSENG (0041): RM0.13 (unch)

Volume: 3.07 bn (100-day avg vol: 3.33 bn)
Value: RM2.03 bn (100-day avg val: RM2.09 bn)
Market Breadth: ⬆️429 ⬇️443
Crude palm oil: RM3,682 (-RM93)

Dow Futures: 33,838 pts (+25 pts)

Source: Bloomberg, M+ Online

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