M+ Online Market Wrap - 27 Jul 23 

FBM KLCI: 1,451.27 pts (+1.98 pts, +0.14%) 

The FBMKLCI (+0.14%) extended its rally for the sixth session following the launch of Budget 2024 theme “Madani Economy” framework and the National Energy Transition Roadmap (NETR); selected banks and telco were focused and lifted the FBM KLCI to 1,456 for the session. Market breadth was slightly positive with gainers led losers by 507-to-443 stocks. On the broader market, the telco & media and transportation & logistic sectors traded higher at 0.96% and 0.87%, respectively as the latter was boosted by AAX (+53.0 sen) and CAPITALA (7.5 sen). 

Top 3 Active stocks: 
HONGSENG (0041): RM0.085 (-0.5 sen) 
CAPITALA (5099): RM0.915 (+7.5 sen) 

AT (0072): RM0.01 (unch) 

Volume: 3.34 bn (100-day avg vol: 2.99 bn) 
Value: RM2.08 bn (100-day avg val: RM1.88 bn) 
Market Breadth: ⬆507 ⬇443 
Crude palm oil: RM4,029 (-RM33) 

Dow Futures: 35,735 pts (+51 pts) 

Source: Bloomberg, M+ Online

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