M+ Online Market Wrap - 4 Aug 23
FBM KLCI: 1,445.21 pts (+3.36pts, +0.23%)
The FBMKLCI (+0.23%) ended higher amid firm bargain hunting activities around the SMA200 zone on the FBM KLCI; buying interest was observed within PBBANK (+3.0 sen), PMETAL (+7.0 sen) and CIMB (+4.0 sen). Market breadth turned positive with 456 advancers, 333 decliners while 470 traded unchanged. Generally, most of the sub sectors ended higher for the session, except for Plantation (-0.34%) and Telco & Media (-0.20%). Meanwhile, the healthcare and utilities sectors were leading the broader market higher; led by IHH (+2.0 sen), HARTA (+3.0 sen), TENAGA (+4.0 sen) and YTLPOWR (+2.0 sen)
Top 3 Active stocks:
CLASSITA (7154): RM0.16 (unch)
KNM (7164): RM0.085 (-0.5 sen)
WIDAD (0162): RM0.43 (unch)
Volume: 2.68 bn (100-day avg vol: 3.01 bn)
Value: RM1.42 bn (100-day avg val: RM1.87 bn)
Market Breadth: ⬆456 ⬇333
Crude palm oil: RM3,877 (+RM53)
Dow Futures: 35,377 pts (+65 pts)
Source: Bloomberg, M+ Online
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