M+ Market Wrap - 31 Dec 24

FBM KLCI: 1,642.33 pts (+4.65pts, +0.28%)

The FBMKLCI (+0.28%) traded positively, extending its winning streak to 6-days in the final stretch of the year; as gains in Telco & Media and Healthcare heavyweights boosted sentiment on the local bourse amid window dressing activities. However, market breadth was negative, with 515 losers compared to 485 gainers. In the broader market, buying interest was seen in the Transportation & Logistics sector (+0.67%), led by AIRPORT (+10.0 sen) and HEXTECH (+3.0 sen), while the Construction sector (-0.90%) declined due to profit-taking activities.

Top 3 Active stocks:
ZENTECH (0094): RM0.010 (+0.5 sen)
MUIPROP (3913): RM0.370 (-6.5 sen)

TWL (7079): RM0.025 (unch)

Volume: 2.41 bn (100-bar avg vol: 3.05 bn)
Value: RM2.06 bn (100-bar avg val: RM2.86 bn)
Market Breadth: ⬆️485 ⬇️515
Crude palm oil: RM4,454 (-RM97)

Dow Futures: 42,918 pts (-9 pts)

**Source: Bloomberg, M+ **

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