M+ Online Market Wrap - 4 Jul 24

FBM KLCI: 1,616.75 pts (+1.43pts, +0.09%)

The FBM KLCI (+0.09%) ended marginally higher led by buying pressure in the selected banking heavyweights like MAYBANK and CIMB as the positive sentiment from stronger net interest margins and net interest incomes are still intact. Meanwhile, the market breadth was marginally positive as gainers led losers at 586-to-558 stocks. On the broader market, the Healthcare sector (+1.96%) was the best performing sector led by TOPGLOV (+6.0 sen) and HARTA (+9.0 sen) , while the Technology sector (-0.49%) was the lagging sector.

Top 3 Active stocks:
OFB (0312): RM0.770 (+49.0 sen)
MUIIND (3891): RM0.09 (+1.5 sen)

DATAPRP (8338): RM0.195 (+2.5 sen)

Volume: 4.93 bn (100-day avg vol: 4.47 bn)
Value: RM3.79 bn (100-day avg val: RM3.30 bn)
Market Breadth: ⬆️586 ⬇️558
Crude palm oil: RM4,071 (-RM11)

Dow Futures: 39,711 pts (+75 pts)

**Source: Bloomberg, M+ Online**

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