M+ Online Market Wrap - 17 Jul 23
FBM KLCI: 1,406.10 pts (-5.99pts, -0.42%)
The FBMKLCI (-0.42%) ended lower after a significant rally last Friday as profit taking activities emerged within PCHEM (-15.0 sen), AXIATA (-9.0 sen) and PMETAL (-9.0 sen). Market breadth remained positive with 490 gainers as compared to 417 losers. The healthcare (+2.03%) and technology sectors (+1.63%) gained momentum; led by TOPGLOV (+6.0 sen) and VITROX (+49.0 sen).
Top 3 Active stocks:
DHCARE (0283): RM0.45 (+25.0 sen)
CLASSITA (7154): RM0.225 (+1.0 sen)
ASB (1481): RM0.165 (+1.0 sen)
Volume: 3.60 bn (100-day avg vol: 2.99 bn)
Value: RM2.18 bn (100-day avg val: RM1.88 bn)
Market Breadth: ⬆490 ⬇417
Crude palm oil: RM3,916 (+RM17)
Dow Futures: 34,622 pts (-56 pts)
Source: Bloomberg, M+ Online
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