M+ Online Market Wrap - 5 Apr 24

FBM KLCI: 1,555.25 pts (+2.01pts, +0.13%)

The FBM KLCI (+0.13%) ended higher, despite the negative performance of the regional markets, as the index was boosted by Industrial Products and Telco heavyweights. Market breadth was negative with losers outpaced gainers by 563-to-483 stocks. On the broader market, the Industrial Products sector (+1.78%) was the leading sector led by buying interest in PMETAL (+17.0 sen) and PCHEM (+10.0 sen), while the Energy sector (-1.35%) declined due to selling pressure in VELESTO (-2.5 sen).

Top 3 Active stocks:
VELESTO (5243): RM0.28 (-2.5 sen)
DNEX (4456): RM0.355 (+0.5 sen)

RGB (0037): RM0.34 (+2.0 sen)

Volume: 4.05 bn (100-day avg vol: 3.97 bn)
Value: RM2.68 bn (100-day avg val: RM2.69 bn)
Market Breadth: ⬆️483 ⬇️563
Crude palm oil: RM4,337 (-RM63)

Dow Futures: 38,974 pts (+58 pts)

Source: Bloomberg, M+ Online

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