M+ Online Market Wrap - 18Sep23

FBM KLCI: 1,457.99 pts (-1.04pts, -0.07%)

The FBM KLCI (+0.07%) ended lower for the session as profit taking activities picked up within KLK (-184.0 sen) and PCHEM (-16.0 sen); the sentiment was also affected by the weaker performance on Hang Seng Index. Market breadth was negative with losers led gainers by 498-to-468 stocks. On the broader market, the Healthcare and Telco & Media sectors rose 0.72% and 0.54%; the latter was boosted by CDB (+5.0 sen) and MAXIS (+1.0 sen). Besides, the Property sector added 0.28% with the help from UEMS (+11.5 sen) and SPSETIA (+3.5 sen).

Top 3 Active stocks:
ICON (5255): RM0.115 (+1.0 sen)
UEMS (5148): RM0.845 (+11.5 sen)

MRCB (1651): RM0.465 (+1.0 sen)

Volume: 3.38 bn (100-day avg vol: 3.13 bn)
Value: RM2.12 bn (100-day avg val: RM1.97 bn)
Market Breadth: ⬆468 ⬇498
Crude palm oil: RM3,750 (-RM80)

Dow Futures: 34,968 pts (+41 pts)

Source: Bloomberg, M+ Online

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