M+ Online Market Wrap - 30 Oct 23

FBM KLCI: 1,439.20 pts (-2.70pts, -0.19%)

The FBM KLCI (-0.19%) ended marginally lower in tandem with the mixed regional markets as investors remain cautious amid the escalating geopolitical tension in the Middle East. Market breadth was negative with losers led gainers by 624-to-238 stocks. On the broader market, the Plantation Sector (+0.14%) was the sole gaining sector, led by buying support in SIMEPLT (+6.0 sen) and GENP (+5.0 sen). Meanwhile, the Telco & Media sector ended softer by 1.34% due to selling interest within AXIATA (-5.0 sen) and MAXIS (-1.0 sen). 

Top 3 Active stocks:
CLASSITA (7154): RM0.065 (unch)
KANGER (0170): RM0.135 (unch)

SCIB (9237): RM0.555 (+1.5 sen)

Volume: 2.81 bn (100-day avg vol: 3.23 bn)
Value: RM1.52 bn (100-day avg val: RM2.04 bn)
Market Breadth: ⬆️238 ⬇️624
Crude palm oil: RM3,758 (-RM17)

Dow Futures: 32,680 pts (+176 pts)

**Source: Bloomberg, M+ Online**

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