M+ Online Market Wrap - 13 Jul 23

FBM KLCI: 1,396.23 pts (-1.83pts, -0.13%)

The FBM KLCI (-0.13%) ended marginally lower snapping a 3-day rally as profit taking activities emerged around 1,400; IHH (-18.0 sen), PETDAG (-64.0 sen), and CDB (-5.0 sen). Market breadth is positive with gainers led losers by a 517-to-377 stocks. On the broader market, the technology sector (+1.20%) remains at the forefront in tandem with the positive Nasdaq overnight performance, followed by the construction sector (+0.67%); led by IJM (+3.0 sen), GAMUDA (+3.0 sen) and PUNCAK (+4.0 sen). 

Top 3 Active stocks:
SCIB (9237): RM0.465 (-3.0 sen)
CLASSITA (7154): RM0.14 (+1.5 sen)

MQTECH (0070): RM0.02 (-1.0 sen)

Volume: 2.93 bn (100-day avg vol: 2.99 bn)
Value: RM1.78 bn (100-day avg val: RM1.88 bn)
Market Breadth: ⬆517 ⬇377
Crude palm oil: RM3,846 (-RM80)

Dow Futures: 34,622 pts (+72 pts)

Source: Bloomberg, M+ Online

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