M+ Online Market Wrap - 10 Jul 23

FBM KLCI: 1,383.06 pts (+5.39pts, +0.39%)

The FBM KLCI (+0.39%) reversed to trade higher after its recent pullback as bargain hunting activities emerged; led by PMETAL (+8.0 sen), CDB (+5.0 sen) and DIALOG (+9.0 sen), bucking the negative performance on Wall Street. Market breadth turned positive with the gainers led the advancers by 405-to-377 stocks. On the broader market, the energy (+1.80%) and property (+0.91%) sectors turned as the winning sector for the session. 

Top 3 Active stocks:
SKYWLD (5315): RM0.74 (-6.0 sen)
MYEG (0138): RM0.755(+4.0 sen)

RGB (0037): RM0.345 (-3.5 sen)

Volume: 2.24 bn (100-day avg vol: 3.01 bn)
Value: RM1.51 bn (100-day avg val: RM1.90 bn)
Market Breadth: ⬆405 ⬇377
Crude palm oil: RM3,935 (+RM101)

Dow Futures: 33,907 pts (-30 pts)

Source: Bloomberg, M+ Online

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