M+ Market Wrap - 5 Dec 24

FBM KLCI: 1,615.64 pts (+1.55pts, +0.10%)

The FBMKLCI (+0.10%) advanced further, closing at 1,615, as banking heavyweights, namely PBBANK (+4.0 sen) and MAYBANK (+4.0 sen), lifted sentiment on the local front; the latter was driven by commendable performance in the financing segments following the recent quarterly earnings. The market breadth was marginally positive, with 538 gainers and 537 losers. The export-oriented sector, Healthcare (+1.54%), continued to benefit from the weakening of the Ringgit, while Industrial Products & Services (-0.46%) declined the most.

Top 3 Active stocks:
CRPMATE (0331): RM0.210 (+1.0 sen)
SUPERMX (7106): RM0.985 (+10.0 sen)

ARMADA (5210): RM0.620 (+2.5 sen)

Volume: 3.24 bn (100-bar avg vol: 3.43 bn)
Value: RM2.74 bn (100-bar avg val: RM3.08 bn)
Market Breadth: ⬆️538 ⬇️537
Crude palm oil: RM5,125 (+RM93)

Dow Futures: 45,127 pts (+21 pts)

**Source: Bloomberg, M+ **

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