M+ Online Market Wrap - 21 Nov 23

FBM KLCI: 1,459.98 pts (+3.06pts, +0.21%)

The FBM KLCI (+0.44%) ended higher as investors resumed buying interests in selected heavyweights as a result of the positive momentum from Wall Street's overnight performance. Market breadth was positive with gainers outpaced losers by 500-to-411 stocks. On the broader market, the Industrial Products & Services sector (+1.41%) ended higher thanks to buying support in PCHEM (+18.0 sen) and PMETAL (+11.0 sen). Meanwhile, the Utilities sector declined -0.69% following the selling pressure in MALAKOF (-1.0 sen) and YTL (-4.0 sen).

Top 3 Active stocks:
HONGSENG (0041): RM0.03 (unch)
LEFORM (0266): RM0.265 (-2.5 sen)

WIDAD (0162): RM0.46 (unch)

Volume: 3.66 bn (100-day avg vol: 3.27 bn)
Value: RM2.11 bn (100-day avg val: RM2.06 bn)
Market Breadth: ⬆️500 ⬇️411
Crude palm oil: RM3,972 (+RM38)

Dow Futures: 35,192 pts (-33 pts)

Source: Bloomberg, M+ Online

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