M+ Online Market Wrap - 13 Jun 24

FBM KLCI: 1,610.17 pts (+1.22pts, +0.08%)

The FBM KLCI (+0.08%) ended higher as the index was lifted by buying pressure in utilities heavyweights as Singtel's interest in data centres in Johor may have sparked optimism within the sector. Meanwhile, the market breadth was positive as gainers outpaced losers at 798-to-447 stocks. On the broader market, the Energy sector (+3.36%) was the best performing sector on the back of buying interest in DAYANG (+45.0 sen) and PERDANA (+3.5 sen), while the Telco & Media sector (-1.20%) was the worst decliner.

Top 3 Active stocks:
SAPNRG (5218): RM0.04 (unch)
JCY (5161): RM0.895 (+11.5 sen)

MYEG (0138): RM1.14 (+5.0 sen)

Volume: 5.91 bn (100-day avg vol: 4.41 bn)
Value: RM4.35 bn (100-day avg val: RM3.20 bn)
Market Breadth: ⬆️798 ⬇️447
Crude palm oil: RM3,940 (-RM23)

Dow Futures: 38,657 pts (-95 pts)

Source: Bloomberg, M+ Online
 

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