M+ Online Market Wrap - 18 Jun 24

FBM KLCI: 1,606.13 pts (-1.19pts, -0.07%)

The FBM KLCI (-0.07%) ended lower as the index was dragged by selling pressure in the YTL-related heavyweights, as investors took profit ahead of the US May Retail Sales data. Meanwhile, the market breadth was negative as losers outnumbered gainers at 766-to-480 stocks. On the broader market, the Plantaiton sector (+0.31%) was the best performing sector on the back of buying interest in SDG (+8.0 sen) and IOICORP (+4.0 sen), while the Utilities sector (-1.31%) was the worst decliner.

Top 3 Active stocks:
DFX (0131): RM0.185 (-1.5 sen)
ATAIMS (8176): RM0.515 (+17.0 sen)

JCY (5161): RM0.830 (-6.5 sen)

Volume: 5.93 bn (100-day avg vol: 4.42 bn)
Value: RM4.15 bn (100-day avg val: RM3.22 bn)
Market Breadth: ⬆️480 ⬇️766
Crude palm oil: RM3,876 (-RM52)

Dow Futures: 39,241 pts (+9 pts)

Source: Bloomberg, M+ Online

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