M+ Online Market Wrap - 28 Aug 23 
 
FBM KLCI: 1,444.06 pts (-0.35pts, -0.02%) 
The FBM KLCI (-0.02%) ended another session on a flattish tone, despite positive rebound on Wall Street coupled with China cutting stamp duty on stock market as part of the measure to bolster the economy. Market breadth was positive witIh 580 gainers, 478 decliners, while 379 traded unchanged. On the broader market, the Construction (+2.56%) and Property (+3.76%) sectors traded firmly as anticipated following the speciaI financiaI hub news was announced last week, while the Energy sector rose 1.53%.  
 
Top 3 Active stocks: 
EKOVEST (8877): RM0.495 (+4.0 sen) 
RGB (0037): RM0.31 (-5.0 sen) 
IWCITY (1589): RM0.66 (+6.5 sen) 
 
Volume: 4.46 bn (100-day avg vol: 3.04 bn) 
Value: RM2.85 bn (100-day avg val: RM1.85 bn) 
Market Breadth: ⬆580 ⬇478 
Crude palm oil: RM3,933 (-RM29) 
Dow Futures: 34,445 pts (+68 pts) 
 
Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.