M+ Online Market Wrap - 9 Jul 24

FBM KLCI: 1,614.42 pts (+3.40pts, +0.21%)

The FBM KLCI (+0.21%) ended higher amid buying pressure in the Financial services and Utilities heavyweights, in line with the regional market performances, tracking the gains from the Tech giants in the US. Meanwhile, the market breadth was however negative as losers led gainers at 665-to-525 stocks. On the broader market, the Technology sector (+1.31%) was the best performing sector led by VITROX (+24.0 sen) and INARI (+8.0 sen), while the Plantation sector (-1.05%) declined the most.

Top 3 Active stocks:
JPG (5323): RM0.90 (+6.0 sen)
HUBLINE (7013): RM0.08 (+1.0 sen)

ARMADA (5210): RM0.60 (+2.0 sen)

Volume: 4.66 bn (100-day avg vol: 4.50 bn)
Value: RM3.84 bn (100-day avg val: RM3.33 bn)
Market Breadth: ⬆️525 ⬇️665
Crude palm oil: RM3,943 (-RM99)

Dow Futures: 39,709 pts (+59 pts)

**Source: Bloomberg, M+ Online**

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