M+ Online Market Wrap - 15 Dec 23

FBM KLCI: 1,462.45 pts (+6.19pts, +0.43%)

The FBM KLCI (+0.43%) ended higher amid the mostly positive regional markets as investors are still extending the buying interest, tracking the positive sentiment from Wall Street following the better-than-expected retail sales and dovish statements from the Fed. Market breadth was positive with gainers led losers by 528-to-426 stocks. On the broader market, the Energy sector (+1.50%) was the leading sector, thanks to buying support in DIALOG (+5.0 sen) and DAYANG (+6.0 sen). Meanwhile, the Healthcare sector declined by 0.87% following the profit taking in glove counters namely, HARTA (-7.0 sen) and KOSSAN (-5.0 sen).

Top 3 Active stocks:
MINETEC (7219): RM0.12 (+2.5 sen)
TOPGLOV (7113): RM0.90 (-1.0 sen)

SCIB (9237): RM0.85 (+2.0 sen)

Volume: 3.77 bn (100-day avg vol: 3.36 bn)
Value: RM3.41 bn (100-day avg val: RM2.16 bn)
Market Breadth: ⬆️528 ⬇️426
Crude palm oil: RM3,709 (+RM21)

Dow Futures: 37,726 pts (+83 pts)

Source: Bloomberg, M+ Online

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