M+ Online Market Wrap - 26 Apr 24

FBM KLCI: 1,575.16 pts (+5.91pts, +0.38%)

The FBM KLCI (+0.38%) ended higher, in line with the positive regional markets performance despite the soft overnight Wall Street performance as the local sentiment may be supported by the stronger PPI numbers indicating the economy is still robust. Market breadth was positive as gainers outnumbered losers at 621-to-466 stocks. On the broader market, the Utilities sector (+1.84%) was the leading sector due to buying interest in YTL (+26.0 sen) and YTLPOWR (+30.0 sen), while the Financial Services sector (-0.35%) fell due to selling pressure in CIMB (-7.0 sen).

Top 3 Active stocks:
MYEG (0138): RM0.915 (+10.5 sen)
BSLCORP (7221): RM0.03 (unch)

CAPITALA (5099): RM0.735 (+3.5 sen)

Volume: 4.10 bn (100-day avg vol: 4.05 bn)
Value: RM3.24 bn (100-day avg val: RM2.80 bn)
Market Breadth: ⬆️621 ⬇️466
Crude palm oil: RM3,908 (+RM34)

Dow Futures: 38,326 pts (+38 pts)

Source: Bloomberg, M+ Online

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