M+ Online Market Wrap - 26 Jun 23

FBM KLCI: 1,389.88 pts (-1.01 pts, -0.07%)

The FBM KLCI (-0.07%) edged marginally lower after erasing all its intraday gains amidst weakness from the regional markets. Market breadth remained negative as the decliners thumped the advancers by 557-to-296 stocks. The health care sector (-1.67%) slumped, dragged by glove manufacturers including TOPGLOV (-3.0 sen), HARTA (-5.0 sen), and KOSSAN (-5.0 sen), followed by the technology sector, led by MYEG (-3.0 sen), D&O (-18.0 sen), and GREATEC (-8.0 sen). 

Top 3 Active stocks:
BORNOIL (7036): RM0.015 (unch)
CLASSITA (7154): RM0.09 (-0.5 sen)

SCIB (9237): RM0.435 (+1.0 sen)

Volume: 2.56 bn (100-day avg vol: 3.18 bn)
Value: RM1.41 bn (100-day avg val: RM1.98 bn)
Market Breadth: ⬆️296 ⬇️557
Crude palm oil: RM3,693 (+RM73)

Dow Futures: 33,948 pts (-29 pts)

Source: Bloomberg, M+ Online

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