M+ Online Market Wrap - 20 Feb 24

FBM KLCI: 1,555.59 pts (+16.98pts, +1.10%)

The FBM KLCI (+1.10%) closed higher, despite the mixed regional stock market performances, led by Industrial Products and Utilities heavyweights. Market breadth was positive as gainers led losers by 615-to-425 stocks. On the broader market, the Energy sector (+5.68%) was the leading sector, led by buying interest in DIALOG (+34.0 sen) and ARMADA (+3.5 sen), while the Transportation & Logistics sector (-0.21%) fell due to selling pressure in MISC (-5.0 sen) and HEXTECH (-5.0 sen).

Top 3 Active stocks:
HONGSENG (0041): RM0.02 (unch)
TWL (7079): RM0.03 (-0.5 sen)

DIALOG (7277): RM2.20 (+34.0 sen)

Volume: 3.70 bn (100-day avg vol: 3.70 bn)
Value: RM2.94 bn (100-day avg val: RM2.37 bn)
Market Breadth: ⬆️615 ⬇️425
Crude palm oil: RM3,871 (+RM6)

Dow Futures: 38,618 pts (-79 pts)

Source: Bloomberg, M+ Online

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