M+ Online Market Wrap - 8 Jun 23
FBM KLCI: 1,374.64 pts (-4.01 pts, -0.29%)
The FBM KLCI (-0.29%) drifted lower amid subdued trading activities due to persisted cautious sentiment prior to the US monetary policy decision next week. Market breadth remained negative as the decliners thumped the advancers by 487-to-300 stocks. Broader market was largely in the red with the construction sector (-1.52%) taking the heaviest beating, underpinned by losses in GAMUDA (-13.0 sen), IJM (-3.0 sen), and ECONBHD (-1.0 sen).
Top 3 Active stocks:
SCIB (9237): RM0.28 (+0.5 sen)
DNEX (4456): RM0.49 (+1.0 sen)
STAR (6084): RM0.47 (-3.0 sen)
Volume: 2.68 bn (100-day avg vol: 3.18 bn)
Value: RM1.61 bn (100-day avg val: RM2.00 bn)
Market Breadth: ⬆️300 ⬇️487
Crude palm oil: RM3,350 (-RM24)
Dow Futures: 33,718 pts (+9 pts)
Source: Bloomberg, M+ Online
The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.
The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.
Created by mplus313 | Sep 29, 2023
Created by mplus313 | Sep 26, 2023
Created by mplus313 | Sep 25, 2023
Created by mplus313 | Sep 22, 2023