M+ Online Market Wrap - 6 Feb 24

FBM KLCI: 1,512.98 pts (+1.64pts, +0.11%)

The FBM KLCI (+0.11%) ended higher, despite the mixed regional markets' performance, led by buying interest within selected utilities, consumer and industrial products heavyweights. Market breadth was positive as gainers led losers by 514-to-452 stocks. On the broader market, the Energy sector (+1.03%) was the leading sector, led by buying interest within DAYANG (+7.0 sen) and VELESTO (+0.5 sen), while the Healthcare sector declined (-0.28%) due to selling pressure in HARTA (-9.0 sen) and TOPGLOV (-2.5 sen).

Top 3 Active stocks:
WENTEL (0298): RM0.28 (+2.0 sen)
WIDAD (0162): RM0.115 (-1.0 sen)

RENEUCO (7130): RM0.08 (-1.5 sen)

Volume: 3.09 bn (100-day avg vol: 3.72 bn)
Value: RM2.17 bn (100-day avg val: RM2.39 bn)
Market Breadth: ⬆️514 ⬇️452
Crude palm oil: RM3,832 (+RM30)

Dow Futures: 38,433 pts (-33 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.