M+ Online Market Wrap - 8Sep23
FBM KLCI: 1,454.95 pts (-5.12pts, -0.35%)
Generally, the Malaysia’s stock market ended on a negative tone as profit taking activities continues ahead of the Johor by-election this weekend; the FBM KLCI fell 0.35%. Market breadth was negative with decliners led advancers by a ratio of 10-to-7. Despite the weaker sentiment on the broader market, the Utilities (+1.23%), Construction (+0.64%), REIT (+0.21%), and Telco (+0.17%) sectors managed to gained momentum for the session.
Top 3 Active stocks:
CLASSITA (7154): RM0.07 (-1.0 sen)
EKOVEST (8877): RM0.53 (+2.5 sen)
WIDAD (0162): RM0.475 (+1.0 sen)
Volume: 2.55 bn (100-day avg vol: 3.13 bn)
Value: RM1.85 bn (100-day avg val: RM1.95 bn)
Market Breadth: ⬆364⬇503
Crude palm oil: RM3,791 (-RM41)
Dow Futures: 34,464 pts (-64 pts)
Source: Bloomberg, M+ Online
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