M+ Online Market Wrap - 4 Mar 24

FBM KLCI: 1,539.27 pts (+1.25pts, +0.08%)

The FBM KLCI (+0.08%) closed marginally higher, in line with the positive regional stock markets' performances, boosted by selected Banking and Utilities heavyweights; MAYBANK (+15.0 sen), CIMB (+11.0 sen) and YTL (+7.0 sen) gained momentum. Market breadth was negative as losers led gainers by 536-to-426 stocks. On the broader market, the Construction sector (+1.00%) and the Plantation sector (+1.00%) were the leading sectors, led by buying interest in  GAMUDA (+7.0 sen) and IJM (+5.0 sen), and IOICORP (+7.0 sen) and UTDPLT (+92.0 sen) respectively .

Top 3 Active stocks:
TWL (7079): RM0.035 (unch)
HM (0060): RM0.140 (-1.0 sen)

HONGSENG (0041): RM0.015 (unch)

Volume: 3.33 bn (100-day avg vol: 3.80 bn)
Value: RM2.56 bn (100-day avg val: RM2.49 bn)
Market Breadth: ⬆️426 ⬇️536
Crude palm oil: RM3,946 (-RM20)

Dow Futures: 39,061 pts (-81 pts)

Source: Bloomberg, M+ Online

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