M+ Online Market Wrap - 28 Apr 23

FBM KLCI: 1,415.95 pts (-2.10 pts, -0.15%)

The FBM KLCI (-0.15%) retreated on the final trading day of April despite the overnight rallies on Wall Street as selling pressure dominated across the financial services and plantation heavyweights. Market breadth was negative as the decliners outnumbered the advancers by 427-to-398 stocks. The technology sector (+0.90%) outperformed the broader market, buoyed by MYEG (+2.0 sen), UNISEM (+7.0 sen), and INARI (+3.0 sen), while the utilities sector (-0.91%) staged a pullback amid improved risk appetite in the market.  

Top 3 Active stocks:
JADEM (7043): RM0.275 (-0.5 sen)
KOMARK (7017): RM0.09 (-2.5 sen)

VINVEST (0069): RM0.205 (+0.5 sen)

Volume: 2.64 bn (100-day avg vol: 3.25 bn)
Value: RM1.49 bn (100-day avg val: RM2.05 bn)
Market Breadth: ⬆️398 ⬇️427
Crude palm oil: RM3,347 (-RM108)

Dow Futures: 33,807 pts (-122 pts)

Source: Bloomberg, M+ Online

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