M+ Online Market Wrap - 27 Mar 24

FBM KLCI: 1,530.60 pts (-7.82pts, -0.51%)

The FBM KLCI (-0.51%) ended lower, in line with the mixed performance of the regional markets, dragged by Banking and Telco heavyweights. Market breadth was negative with losers outpaced gainers by 645-to-422 stocks. On the broader market, the Energy sector (+0.51%) was the leading sector led by buying interest in DAYANG (+4.0 sen) and PERDANA (+1.5 sen), while the Plantation sector (-0.63%) declined due to selling pressure in IOICORP (-6.0 sen).

Top 3 Active stocks:
ZANTAT (0301): RM0.375 (+12.5 sen)
SPSETIA (8664): RM1.42 (unch)

EKOVEST (8877): RM0.49 (+1.0 sen)

Volume: 3.75 bn (100-day avg vol: 3.95 bn)
Value: RM3.10 bn (100-day avg val: RM2.64 bn)
Market Breadth: ⬆️422 ⬇️645
Crude palm oil: RM4,147 (-RM89)

Dow Futures: 39,821 pts (+141 pts)

**Source: Bloomberg, M+ Online**

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