M+ Market Wrap - 30 Dec 24

FBM KLCI: 1,637.68 pts (+9.54pts, +0.59%)

The FBMKLCI (+0.59%) traded positively, closing with a 5-day winning streak, supported by Banking and Industrial Products and Services heavyweights like MAYBANK (+14.0 sen) and PCHEM (+9.0 sen); likely bolstered by year-end window-dressing activities. The market breadth was positive, with 614 gainers and 452 losers. In the broader market, almost all sectors ended on a positive note, with decent buying support in data center-related stocks, like Gamuda (+9.0 sen), lifted the sentiment in the Construction (+1.74%) sector.

Top 3 Active stocks:
PESTECH (5219): RM0.210 (+2.0 sen)
VANZO (0333): RM0.210 (+1.0 sen)

JCY (5161): RM0.575 (+0.5 sen)

Volume: 2.55 bn (100-bar avg vol: 3.07 bn)
Value: RM2.09 bn (100-bar avg val: RM2.88 bn)
Market Breadth: ⬆️614 ⬇️452
Crude palm oil: RM4,569 (-RM55)

Dow Futures: 43,245 pts (-99 pts)

**Source: Bloomberg, M+ **

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