M+ Online Market Wrap - 2 Oct 23

FBM KLCI: 1,418.76 pts (-5.41pts, -0.38%)

The FBM KLCI (-0.38%) ended lower amid mixed regional markets as investors were turning cautious ahead of monetary policy decisions in Australia and India, while the US services and manufacturing PMI readings will be in focus. Market breadth was negative with losers outpacing gainers by 632-to-285 stocks. On the broader market, the Healthcare sector gained 0.79% due to the rebound in glove counters as seen in HARTA (+6.0 sen) and TOPGLOV (+2.0 sen). Meanwhile, the Utilities sector (-1.71%) ended lower amid profit taking activities in YTLPOWR (-7.0 sen) and TENAGA (-9.0 sen). 

Top 3 Active stocks:
KNM (7164): RM0.140 (+1.5 sen)
EMCC (5218): RM0.415 (-1.0 sen)

FINTEC (0150): RM0.005 (-0.5 sen)

Volume: 3.02 bn (100-day avg vol: 3.18 bn)
Value: RM1.80 bn (100-day avg val: RM2.03 bn)
Market Breadth: ⬆️285 ⬇️632
Crude palm oil: RM3,695 (-RM72)

Dow Futures: 33,794 pts (+69 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.