M+ Online Market Wrap - 23 Jan 24

FBM KLCI: 1,496.11 pts (+4.92pts, +0.33%)

The FBM KLCI (+0.33%) ended higher, in line with the mostly positive regional markets performances, due to buying pressure in selected Banking and Industrial Product heavyweights. Market breadth was positive as gainers led losers by 511-to-470 stocks. On the broader market, the Transportation & Logistics sector (+0.67%) was the leading sector, led by MISC (+9.0 sen) and WPRTS (+5.0 sen), while the Healthcare sector (-0.70%) due to selling pressure in glove counters namely, TOPLGOV (-2.0 sen) and HARTA (-4.0 sen).

Top 3 Active stocks:
WIDAD (0162): RM0.185 (+5.0 sen)
SCIB (9237): RM0.435 (unch)

YNHPROP (3158): RM0.61 (+5.5 sen)

Volume: 5.16 bn (100-day avg vol: 3.72 bn)
Value: RM3.33 bn (100-day avg val: RM2.38 bn)
Market Breadth: ⬆️511⬇️470
Crude palm oil: RM3,944 (+RM40)

Dow Futures: 38,160 pts (-39 pts)

Source: Bloomberg, M+ Online

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