M+ Online Market Wrap - 9 May 23

FBM KLCI: 1,432.63 pts (-1.11pts, -0.08%)

The FBM KLCI (-0.08%) booked marginal losses after hovering in the negative territory as investors remained wary prior to the release of US inflation data. Market breadth remained negative as the decliners hammered the advancers by 555-to-328 stocks. Nevertheless, the healthcare sector (+5.87%) saw a significant rebound on the back of bargain hunting activities in HARTA (+39.0 sen), TOPGLOV (+14.5 sen), and KOSSAN (+15.0 sen). 

Top 3 Active stocks:
ADB (0276): RM0.75 (+42.0 sen)
TOPGLOV (7113): RM1.09 (+14.5 sen)

BAHVEST (0098): RM0.135 (-5.5 sen)

Volume: 3.45 bn (100-day avg vol: 3.19 bn)
Value: RM2.12 bn (100-day avg val: RM1.98 bn)
Market Breadth: ⬆️328 ⬇️555
Crude palm oil: RM3,783 (+RM21)

Dow Futures: 33,573 pts (-112 pts)

Source: Bloomberg, M+ Online

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