M+ Online Market Wrap - 20 Jul 23
FBM KLCI: 1,406.69 pts (+3.66, +0.26%)
The FBMKLCI (+0.26%) resumed its rebound after the public holiday, staying above the psychological level of 1,400 as bargain hunting activities emerged within PCHEM (+19.0 sen) and CDB (+6.0 sen). Market breadth was positive with 470 advancers as compared to 443 decliners. On the broader market, the property (+1.27%) and energy (+1.03%) sectors were the leading industries for the session, while the technology sector fell by 1.43% despite the positive sentiment across Wall Street overnight.
Top 3 Active stocks:
CLASSITA (7154): RM0.19 (-4.0 sen)
ARMADA (5210): RM0.515 (+2.5 sen)
UEMS (5148): RM0.45 (+6.0 sen)
Volume: 3.64 bn (100-day avg vol: 2.99 bn)
Value: RM2.07 bn (100-day avg val: RM1.88 bn)
Market Breadth: ⬆470 ⬇443
Crude palm oil: RM4,039 (+RM144)
Dow Futures: 35,297 pts (+44 pts)
Source: Bloomberg, M+ Online
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