M+ Online Market Wrap - 20 Apr 23

FBM KLCI: 1,422.11 pts (-2.96 pts, -0.21%)

The FBM KLCI (-0.21%) extended its downtrend move for the fourth straight session on the back of continuous profit-taking activities ahead of the Hari Raya holiday. Market breadth remained negative as the decliners outpaced the advancers by 446-to-358 stocks. The technology sector (-0.88%) slid further amid persisted global uncertainties, leading the broader market’s decline on losses in MYEG (-4.0 sen), INARI (-4.0 sen), and PENTA (-13.0 sen).  

Top 3 Active stocks:
MYEG (0138): RM0.78 (-4.0 sen)
SALUTE (0183): RM0.815 (-34.5 sen)

REVENUE (0200): RM0.405 (+0.5 sen)

Volume: 2.46 bn (100-day avg vol: 3.35 bn)
Value: RM1.47 bn (100-day avg val: RM2.10 bn)
Market Breadth: ⬆️358 ⬇️446
Crude palm oil: RM3,696 (-RM39)

Dow Futures: 33,868 pts (-165 pts)

Source: Bloomberg, M+ Online

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