M+ Online Market Wrap - 26 Jun 24

FBM KLCI: 1,590.95 pts (+5.57pts, +0.35%)

The FBM KLCI (+0.35%) ended higher as the index was lifted by buying pressure in the utilities heavyweights, namely YTLPOWR and YTL, as the rebound in Nvidia has boosted the confidence in our local Technology secotr. Meanwhile, the market breadth was positive as gainers outpaced losers at 674-to-433 stocks. On the broader market, the Transporation & Logistic sector (+1.89%) was the best performing sector led by CHGP (+32.0 sen) and TASCO (+4.5 sen), while the Plantation sector (-0.29%) declined the most.

Top 3 Active stocks:
INGENIEU (5178): RM0.065 (unch)
JCY (5161): RM0.735 (+4.0 sen)

MYEG (0138): RM1.020 (-2.0 sen)

Volume: 4.73 bn (100-day avg vol: 4.43 bn)
Value: RM3.22 bn (100-day avg val: RM3.28 bn)
Market Breadth: ⬆️674 ⬇️433
Crude palm oil: RM3,888 (+RM29)

Dow Futures: 39,527 pts (+1 pts)

Source: Bloomberg, M+ Online

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