M+ Online Market Wrap - 4 Apr 24

FBM KLCI: 1,553.24 pts (+16.23pts, +1.06%)

The FBM KLCI (+1.06%) ended higher, despite the mixed performance of the regional markets, as the index was boosted by Industiral Products, Utilities and Plantation heavyweights. Market breadth was positive with gainers outpaced losers by 656-to-351 stocks. On the broader market, the Industrial Products sector (+1.78%) was the leading sector led by buying interest in PMETAL (+35.0 sen) and PMBTECH (+19.0 sen), while the Technology sector (-0.32%) declined due to selling pressure in UNISEM (-9.0 sen).

Top 3 Active stocks:
TWL (7079): RM0.03 (unch)
VELESTO (5243): RM0.305 (+1.0 sen)

ZANTAT (0301): RM0.53 (+4.5 sen)

Volume: 3.36 bn (100-day avg vol: 3.96 bn)
Value: RM2.68 bn (100-day avg val: RM2.68 bn)
Market Breadth: ⬆️656 ⬇️351
Crude palm oil: RM4,395 (-RM12)

Dow Futures: 39,584 pts (+102 pts)

Source: Bloomberg, M+ Online

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