M+ Online Market Wrap - 28 Jun 23

FBM KLCI: 1,388.37 pts (+1.63 pts, +0.12%)

The FBM KLCI (+0.12%) snapped a three-day losing streak amidst positive sentiment across the regional markets as selected banking and telecommunication heavyweights topped the winning list. Market breadth was fairly neutral as the advancers-to-decliners ratio stood around 1-to-1. The utilities sector emerged as the biggest winning sector, underpinned by gains in YTL (+4.5 sen), YTLPOWR (+3.0 sen), and PETGAS (+2.0 sen). 

Top 3 Active stocks:
BORNOIL (7036): RM0.015 (unch)
MYEG (0138): RM0.755 (-4.5 sen)

FITTERS (9318): RM0.04 (unch)

Volume: 2.82 bn (100-day avg vol: 3.14 bn)
Value: RM1.49 bn (100-day avg val: RM1.97 bn)
Market Breadth: ⬆️395 ⬇️388
Crude palm oil: RM3,723 (+RM48)

Dow Futures: 34,173 pts (-10 pts)

Source: Bloomberg, M+ Online

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