M+ Market Wrap - 11 Dec 24

FBM KLCI: 1,603.20 pts (-5.77pts, -0.36%)

The FBMKLCI (-0.36%) entered its fourth day of losing streak and closed lower at 1603.20 pts, mainly dragged down by heavyweights like IHH (-28.0 sen) and SUNWAY (-28.0 sen). The market breadth was also negative, with 652 losers against 419 winners. In the broader market, the Technology (+0.50%) sector ended the day as the best performing sector, led by DNEX (+4.5 sen) and GREATEC (+4.0 sen). Meanwhile, Healthcare (-1.69%) sector experienced the largest decline, as profit-taking activities happened across the hospital operators following the hike in insurance premium recently. 

Top 3 Active stocks:
DNEX (4456): RM0.400 (+4.5 sen)
KPJ (5878): RM2.270 (-23.0 sen)

AIMFLEX (0209): RM0.150 (-0.5 sen)

Volume: 2.59 bn (100-bar avg vol: 3.34 bn)
Value: RM2.46 bn (100-bar avg val: RM3.04 bn)
Market Breadth: ⬆️419 ⬇️652
Crude palm oil: RM4,848 (-RM103)

Dow Futures: 44,326 pts (-9 pts)

**Source: Bloomberg, M+ **

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