M+ Online Market Wrap - 18 Dec 23

FBM KLCI: 1,465.28 pts (+2.83pts, +0.19%)

The FBM KLCI (+0.19%) ended higher despite the negative regional markets, as buying interest was seen in major banking heavyweights such as CIMB (+11.0 sen) & PBBANK (+4.0 sen). Market breadth was negative with losers led gainers by 504-to-419 stocks. On the broader market, the Healthcare sector (+3.21%) was the leading sector, thanks to buying support in TOPGLOV (+6.0 sen) and SUPERMX (+9.0 sen). Meanwhile, the Utilities sector declined by 1.40% following selling pressure in YTL (-5.0 sen) and PETGAS (-24.0 sen).

Top 3 Active stocks:
TOPGLOV (7113): RM0.96 (+6.0 sen)
CAREPLS (0163): RM0.465 (+11.5 sen)

ZENTECH (0094): RM0.02 (unch)

Volume: 4.81 bn (100-day avg vol: 3.37 bn)
Value: RM3.02 bn (100-day avg val: RM2.17 bn)
Market Breadth: ⬆️419 ⬇️504
Crude palm oil: RM3,745 (+RM34)

Dow Futures: 37,708 pts (+47 pts)

Source: Bloomberg, M+ Online

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