M+ Online Market Wrap - 7 Aug 23

FBM KLCI: 1,445.81 pts (+0.60pts, +0.04%)

The FBMKLCI (+0.04%) traded marginally higher with lower-than-average daily trading value at RM1.34bn; buying interest was seen in PPB (+16.0 sen), CIMB (+2.0 sen) and HLFG (+18.0 sen). Market breadth, however turned negative with 330 advancers, 482 decliners, while 457 traded unchanged. On the broader market, sentiment was mixed with the Construction (+0.63%) and Utilities (+0.55%) sectors took the lead. Meanwhile, the Healthcare (-0.99%) and Technology (-0.39%) sectors retraced for the session. 

Top 3 Active stocks:
SAPNRG (5218): RM0.05 (+0.5 sen)
CLASSITA (7154): RM0.135 (-2.5 sen)

ASB (1481): RM0.175 (+1.0 sen)

Volume: 3.13 bn (100-day avg vol: 3.02 bn)
Value: RM1.34 bn (100-day avg val: RM1.86 bn)
Market Breadth: ⬆330 ⬇482
Crude palm oil: RM3,777 (-RM82)

Dow Futures: 35,221 pts (+68 pts)

Source: Bloomberg, M+ Online

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