M+ Online Market Wrap - 26 Jan 24
FBM KLCI: 1,506.28 pts (+2.18pts, +0.14%)
The FBM KLCI (+0.14%) ended stronger, despite the weaker regional performance; prevailing buying support in the YTL-related heavyweights has lifted the FBM KLCI for the session. Market breadth was positive as gainers outpaced losers by 580-to-477 stocks. On the broader market, the Healthcare sector (+2.17%) and Construction (+1.12%) was the leading sectors, led by byying interest within HARTA (+7.0 sen), TOPGLOV (+2.5 sen) and IJM (+5.0 sen), while the Telco & Media sector ended softer (-0.68%) due to selling pressure in ASTRO (-4.0 sen) and AXIATA (-2.0 sen).
Top 3 Active stocks:
MRCB (1651): RM0.65 (+7.0 sen)
KJTS (0293): RM0.50 (+23.0 sen)
WIDAD (0162): RM0.165 (-1.5 sen)
Volume: 4.92 bn (100-day avg vol: 3.71 bn)
Value: RM3.42 bn (100-day avg val: RM2.36 bn)
Market Breadth: ⬆580 ⬇477
Crude palm oil: RM4,012 (+RM18)
Dow Futures: 38,089 pts (-121 pts)
Source: Bloomberg, M+ Online
Disclaimer
The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.
The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.