M+ Online Market Wrap - 19 Jan 24

FBM KLCI: 1,486.37 pts (+7.19pts, +0.49%)

The FBM KLCI (+0.49%) ended higher, in line with the mostly positive regional markets, due to buying pressure in selected banking and utilities heavyweights. Market breadth turned positive as gainers led losers by 639-to-359 stocks. On the broader market, the top 2 sectors were the Construction sector (1.66%) and the Healthcare sector (1.38%), led by GAMUDA (+9.0 sen) & IJM (+4.0 sen) and IHH (+4.0 sen) & KPJ (+6.0 sen) respectively.

Top 3 Active stocks:
WIDAD (0162): RM0.11 (-8.0 sen)
SCIB (9237): RM0.29 (-24.5 sen)

SAPNRG (5218): RM0.045 (-0.5 sen)

Volume: 5.39 bn (100-day avg vol: 3.70 bn)
Value: RM2.73 bn (100-day avg val: RM2.37 bn)
Market Breadth: ⬆️639 ⬇️359
Crude palm oil: RM3,932 (+RM37)

Dow Futures: 37,704 pts (+45 pts)

Source: Bloomberg, M+ Online

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