M+ Online Market Wrap - 1 Aug 23

FBM KLCI: 1,451.24 pts (-8.19pts, -0.56%)

The FBMKLCI (-0.56%) taken a pullback after surpassing the 1,460 zone as profit taking activities emerged after the monthly window dressing activities; PBBANK (-5.0 sen), PCHEM (-10.0 sen) and MRDIY (-4.0 sen) were sold down. Market breadth was negative with decliners led advancers by a ratio of 12-to-7. On the broader market, most of the sub-sectors were in the negative tone, with the exception of Energy (+0.36%), Healthcare (+0.35%) and REIT (+0.16%). O&G stocks such as YINSON, ARMADA and HIBISCS added 2.0 sen, 1.0 sen and 1.5 sen, respectively. 

Top 3 Active stocks:
SAPNRG (5218): RM0.04 (+0.5 sen)
KGW (0282): RM0.23 (+2.0 sen))

HONGSENG (0041): RM0.055 (-1.0 sen)

Volume: 3.83 bn (100-day avg vol: 3.01 bn)
Value: RM1.76 bn (100-day avg val: RM1.87 bn)
Market Breadth: ⬆343 ⬇601
Crude palm oil: RM3,864 (-RM14)

Dow Futures: 35,597 pts (-98 pts)

Source: Bloomberg, M+ Online

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