M+ Market Wrap - 19 Nov 24

FBM KLCI: 1,602.34 pts (-1.70pts, -0.11%)

Following slower trade growth in October due to softer trade with China, the FBMKLCI (-0.11%) experienced a marginal decline to close at 1602.34, dragged down by key heavyweights including MAYBANK (-10.0 sen) and PBBANK (-6.0 sen). However, the FBMKLCI managed to close above the 1600 psychological level. The market breadth is positive, with 565 winners against 438 losers. In the broader market, the Health Care (+1.01%) sector performed the best, led by IHH (+4.0 sen) and TOPGLOV (+3.0 sen), while the Plantation (-0.53%) sector saw the largest decline. 

Top 3 Active stocks:
CLASSITA (7154): RM0.065 (unch)
CEB (5311): RM0.385 (+0.5 sen)

AIZO (7219): RM0.145 (unch)

Volume: 2.83 bn (100-bar avg vol: 3.64 bn)
Value: RM2.08 bn (100-bar avg val: RM3.16 bn)
Market Breadth: ⬆️565 ⬇️438
Crude palm oil: RM4,900 (+RM1)

Dow Futures: 43,473 pts (-67 pts)

**Source: Bloomberg, M+ **

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