M+ Online Market Wrap - 3 Apr 24

FBM KLCI: 1,537.01 pts (-10.98pts, -0.71%)

The FBM KLCI (-0.71%) ended lower, in line with the negative performance of the regional markets, dragged by Banking heavyweights. Market breadth was negative with losers outpaced gainers by 592-to-480 stocks. On the broader market, the Energy sector (+0.95%) was the leading sector led by buying interest in DIALOG (+4.0 sen) and ARMADA (+1.5 sen), while the Financial Services sector (-1.20%) declined due to selling pressure in PBBANK (-7.0 sen).

Top 3 Active stocks:
SNS (0259): RM0.37 (+4.0 sen)
ZENTECH (0094): RM0.02 (+0.5 sen)

VELESTO (5243): RM0.295 (-0.5 sen)

Volume: 4.27 bn (100-day avg vol: 3.96 bn)
Value: RM2.88 bn (100-day avg val: RM2.67 bn)
Market Breadth: ⬆️480 ⬇️592
Crude palm oil: RM4,386 (+RM74)

Dow Futures: 39,479 pts (-29 pts)

Source: Bloomberg, M+ Online

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