M+ Online Market Wrap - 7 Nov 23

FBM KLCI: 1,463.37 pts (-1.30pts, -0.09%)

The FBM KLCI (-0.09%) ended slightly lower as investors booked their profits after the recent rally in Wall Street as well as Hong Kong exchange. Market breadth was negative with losers leading gainers by 517-to-385 stocks. On the broader market, the Healthcare sector (+2.17%) ended higher led by buying support in HARTA (+19.0 sen) and IHH (+4.0 sen), as the former posted positive quarterly results during noon trading break. Meanwhile, the Property sectors fell 1.07% following the selling pressure in IOIPG (-5.0 sen) and UEMS (-2.5 sen).

Top 3 Active stocks:
TOPGLOV (7113): RM0.78 (+2.0 sen)
KANGER (0170): RM0.095 (-2.5 sen)

DNEX (4456): RM0.455 (+1.5 sen)

Volume: 3.27 bn (100-day avg vol: 3.24 bn)
Value: RM2.17 bn (100-day avg val: RM2.05 bn)
Market Breadth: ⬆️385 ⬇️517
Crude palm oil: RM3,715 (-RM38)

Dow Futures: 34,088 pts (-76 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.