M+ Market Wrap - 28 Nov 24

FBM KLCI: 1,597.49 pts (-6.76pts, -0.42%)

In tandem with the weak regional market performances, the FBMKLCI (-0.42%) inched down to close lower at 1587.49 pts, once again retreated below the 1600 psychological mark. The index was mainly dragged down by banking heavyweights, including CIMB (-12.0 sen) and PBBANK (-3.0 sen). The market breadth was also negative, with 604 losers against 415 winners. In the broader market, the Construction (+0.63%) sector gained the most, led by IJM (+9.0 sen) and KERJAYA (+16.0 sen), while the Technology (-1.56%) sector saw the largest decline. 

Top 3 Active stocks:
SAPNRG (5218): RM0.040 (+1.0 sen)
GENETEC (0104): RM1.190 (+2.0 sen)

NATGATE (0270): RM2.180 (-17.0 sen)

Volume: 2.79 bn (100-bar avg vol: 3.51 bn)
Value: RM2.90 bn (100-bar avg val: RM3.13 bn)
Market Breadth: ⬆️415 ⬇️604
Crude palm oil: RM4,875 (+RM77)

Dow Futures: 44,874 pts (+46 pts)

**Source: Bloomberg, M+ **

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