M+ Market Wrap - 3 Feb 25

FBM KLCI: 1,553.63 pts (-3.29pts, -0.21%)

The FBMKLCI (-0.21%) mirrored the sluggish overnight performance in the US and closed lower at 1,553.63 pts, with heavyweights like PCHEM (-24.0 sen) and YTLPOWR (-8.0 sen) dragging the key index. The market breadth was also negative, with 589 losers against 382 winners. In the broader market, the Healthcare (+2.49%) sector gained the most, as President Trump’s tariffs on China boosted sentiment for local glove counters. Meanwhile, the Industrial Products & Services (-0.99%) sector declined the most.

Top 3 Active stocks:
COMPUGT (5037): RM0.015 (+0.5 sen)
SUPERMX (7106): RM1.220 (+15.0 sen)

KAB (0193): RM0.325 (-0.5 sen)

Volume: 2.08 bn (100-bar avg vol: 2.96 bn)
Value: RM1.75 bn (100-bar avg val: RM2.71 bn)
Market Breadth: ⬆️382 ⬇️589
Crude palm oil: RM4,391 (+RM102)

Dow Futures: 44,182 pts (-516 pts)

**Source: Bloomberg, M+ **

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.