M+ Online Market Wrap - 24 May 23

FBM KLCI: 1,409.62 pts (-1.92 pts, -0.14%)

The FBM KLCI (-0.14%) extended its downtrend move along with most of the regional peers as selldown intensified in selected banking, plantation, and health care heavyweights. Market breadth remained negative as the decliners thumped the advancers by 542-to-311 stocks. All the 13 major sub-indices ended in the red, led by the health care sector (-1.48%), IHH (-5.0 sen), HARTA (-6.0 sen), and TOPGLOV (-2.0 sen). 

Top 3 Active stocks:
SAPNRG (5218): RM0.035 (unch)
BAHVEST (0098): RM0.19 (+3.0 sen)

BSLCORP (7221): RM0.04 (-1.0 sen)

Volume: 2.55 bn (100-day avg vol: 3.17 bn)
Value: RM1.70 bn (100-day avg val: RM1.95 bn)
Market Breadth: ⬆️311 ⬇️542
Crude palm oil: RM3,408 (+RM28)

Dow Futures: 33,085 pts (-47 pts)

Source: Bloomberg, M+ Online

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