M+ Online Market Wrap - 21 Feb 24

FBM KLCI: 1,552.40 pts (-3.19pts, -0.21%)

The FBM KLCI (-0.21%) closed lower, in line with the mixed regional stock markets' performances, drag by Telco heavyweights. Market breadth was negative as losers led gainers by 652-to-386 stocks. On the broader market, the Technology sector (+0.36%) was the leading sector, led by buying interest in GREATEC (+9.0 sen) and UWC (+10.0 sen), while the Energy sector (-1.29%) fell due to selling pressure in DAYANG (-7.0 sen) and YINSON (-2.0 sen).

Top 3 Active stocks:
HONGSENG (0041): RM0.02 (unch)
MYEG (0138): RM0.78 (-1.0 sen)

MMAG (0034): RM0.11 (unch)

Volume: 3.65 bn (100-day avg vol: 3.70 bn)
Value: RM2.71 bn (100-day avg val: RM2.37 bn)
Market Breadth: ⬆️386 ⬇️652
Crude palm oil: RM3,843 (-RM17)

Dow Futures: 38,549 pts (-93 pts)

Source: Bloomberg, M+ Online

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