M+ Online Market Wrap - 22 Jun 23

FBM KLCI: 1,394.67 pts (+1.22 pts, +0.09%)

The FBM KLCI (+0.09%) edged marginally higher, bucking the overall weak sentiment across the regional markets, mainly spurred by the gains in banking and telecommunication heavyweights. Market breadth however, turned negative as the decliners led the advancers by 452-to-334 stocks. The health care sector (-0.72%) underperformed the mixed broader market, dragged by TOPGLOV (-2.0 sen), HARTA (-3.0 sen), and KPJ (-1.0 sen). 

Top 3 Active stocks:
WIDAD (0162): RM0.42 (-0.5 sen)
ARMADA (5210): RM0.475 (-1.0 sen)

SCIB (9237): RM0.425 (-2.0 sen)

Volume: 2.16 bn (100-day avg vol: 3.17 bn)
Value: RM1.59 bn (100-day avg val: RM1.99 bn)
Market Breadth: ⬆️334 ⬇️452
Crude palm oil: RM3,575 (-RM39)

Dow Futures: 34,166 pts (-69 pts)

Source: Bloomberg, M+ Online

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