M+ Market Wrap - 20 Jan 25
FBM KLCI: 1,572.34 pts (+5.62pts, +0.36%)
In tandem with the regional markets' performance, the FBMKLCI (+0.36%) extended its gains and closed higher at 1572.34 pts, led by key heavyweights including MAYBANK (+14.0 sen) and PMETAL (+13.0 sen). The market breadth was also positive, with 628 winners against 397 losers. In the broader market, 12 out of the 13 sectors ended positively, with the Energy (+1.77%) sector gaining the most, supported by the recent rally in crude oil prices. Meanwhile, Financial Services (-0.05%) was the only sector in red today.
Top 3 Active stocks:
VELESTO (5243): RM0.195 (+1.0 sen)
INGENIEU (5178): RM0.050 (unch)
MYEG (0138): RM0.955 (+1.5 sen)
Volume: 2.95 bn (100-bar avg vol: 3.02 bn)
Value: RM2.45 bn (100-bar avg val: RM2.82 bn)
Market Breadth: ⬆️628 ⬇️397
Crude palm oil: RM4,197 (+RM7)
Dow Futures: 43,722 pts (+27 pts)
**Source: Bloomberg, M+ **
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