M+ Online Market Wrap - 24 Nov 23

FBM KLCI: 1,453.92 pts (+0.63pts, +0.04%)

The FBM KLCI (-0.04%) ended flat amid a mixed regional markets, as traders were taking a cautious stance ahead of shortened trading day in the US stock markets. Market breadth was negative with losers outpaced gainers by 528-to-392 stocks. On the broader market, the Industrial Products & Services sector (+0.44%) ended higher thanks to buying support in PCHEM (+14.0 sen) and MCEMENT (+10.0 sen). Meanwhile, the Energy sector declined -1.28% following the selling pressure in DAYANG (-11.0 sen) and DIALOG (-2.0 sen).

Top 3 Active stocks:
TOPGLOV (7113): RM0.90 (+1.5 sen)
LEFORM (0266): RM0.295 (+1.0 sen)

HONGSENG (0041): RM0.025 (unch)

Volume: 3.50 bn (100-day avg vol: 3.29 bn)
Value: RM2.35 bn (100-day avg val: RM2.07 bn)
Market Breadth: ⬆️392 ⬇️528
Crude palm oil: RM3,906 (-RM45)

Dow Futures: 35,361 pts (+43 pts)

Source: Bloomberg, M+ Online
 

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