M+ Market Wrap - 14 Jan 25
FBM KLCI: 1,576.46 pts (-9.13pts, -0.58%)
The FBMKLCI (-0.58%) extended its selling pressure for the fifth consecutive day, closing lower at 1,576.46 pts as the index was dragged down by key heavyweights, including YTLPOWR (-19.0 sen) and SUNWAY (-24.0 sen). The market breadth remained negative, with 588 losers against 400 winners. In the broader market, 11 out of the 13 sectors ended on a negative note, with the Construction (-2.01%) sector seeing the largest decline, dragged down by SUNCON (-34.0 sen) and IJM (-11.0 sen). Meanwhile, Telecommunications & Media (+1.09%) and Consumer Products & Services (+0.40%) were the two positively performing sectors.
Top 3 Active stocks:
TWL (7079): RM0.030 (unch)
VELOCITY (7165): RM0.080 (unch)
EAH (0154): RM0.005 (unch)
Volume: 3.45 bn (100-bar avg vol: 3.02 bn)
Value: RM2.73 bn (100-bar avg val: RM2.81 bn)
Market Breadth: ⬆️400 ⬇️588
Crude palm oil: RM4,458 (-RM42)
Dow Futures: 42,686 pts (+163 pts)
Source: Bloomberg, M+
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