M+ Online Market Wrap - 22 Dec 23

FBM KLCI: 1,454.38 pts (-1.20pts, -0.08%)

Still, the FBM KLCI (-0.08%) closed marginally lower, in line with the mixed reigonal markets, as investors may be taking a cautious stance ahead of the US PCE data and the long Christmas weekend break. Market breadth was negative with losers led gainers by 425-to-411 stocks. On the broader market, the Industrial Products & Services sector (+0.38%) was the leading sector, thanks to buying support in CHINHIN (+17.0 sen) and LCTITAN (+9.0 sen). Meanwhile, the Healthcare sector declined by 0.36% following selling pressure in glove counters namely, TOPGLOV (-1.0 sen) and KOSSAN (-2.0 sen).

Top 3 Active stocks:
CLASSITA (7154): RM0.05 (+0.5 sen)
LEFORM (0266): RM0.42 (+0.5 sen)

WIDAD (0162): RM0.47 (+0.5 sen)

Volume: 2.97 bn (100-day avg vol: 3.36 bn)
Value: RM1.84 bn (100-day avg val: RM2.18 bn)
Market Breadth: ⬆️411 ⬇️425
Crude palm oil: RM3,724 (-RM17)

Dow Futures: 37,621 pts (-135 pts)

Source: Bloomberg, M+ Online

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