M+ Online Market Wrap - 20 Jun 23

FBM KLCI: 1,388.33 pts (+1.00 pts, +0.07%)

The FBM KLCI (+0.07%) booked marginal gains after oscillating between the positive and negative territories throughout the session. Market breadth however, remained negative as the decliners thumped the advancers by 531-to-313 stocks. The utilities sector (-2.51%) topped the negative broader market with biggest losses, underpinned by selldown in YTL (-8.5 sen), YTLPOWR (-11.0 sen), and MALAKOF (-0.5 sen), followed by the health care (-1.33%) and the technology (-1.31%) sectors. 

Top 3 Active stocks:
SCIB (9237): RM0.435 (+1.5 sen)
YTL (4677): RM0.88 (-8.5 sen)

RGB (0037): RM0.31 (+1.5 sen)

Volume: 2.85 bn (100-day avg vol: 3.17 bn)
Value: RM1.75 bn (100-day avg val: RM1.99 bn)
Market Breadth: ⬆️313 ⬇️531
Crude palm oil: RM3,744 (-RM13)

Dow Futures: 34,469 pts (-135 pts)

Source: Bloomberg, M+ Online

Disclaimer

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.