M+ Online Market Wrap - 3 Jul 23

FBM KLCI: 1,395.89 pts (+19.21pts, +1.40%)

The FBM KLCI (+1.40%) gained momentum after last week's 2Q23 rebalancing activities; led by selected banking and plantation heavyweights. Market breadth stayed positive with the gainers trounced losers by 513-to-342 stocks. Overall, most of the sectors were traded higher, except for transportation and logistics sector, falling marginally by 0.04% led by WPRTS (-1.0 sen), GDEX (-0.5 sen) and SYSCORP (-2.0 sen).

Top 3 Active stocks:
WIDAD (0162): RM0.42 (unch)
TWL (7079): RM0.035 (+0.5 sen)

BTM (7188): RM0.28 (+5.5 sen)

Volume: 2.61 bn (100-day avg vol: 3.10 bn)
Value: RM1.50 bn (100-day avg val: RM1.95 bn)
Market Breadth: ⬆513 ⬇342
Crude palm oil: RM3,950 (+RM161)

Dow Futures: 34,604 pts (-39 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.