M+ Online Market Wrap - 16Jun21 FBM KLCI: 1,578.32 pts (-3.05 | StockiesMY

M+ Online Market Wrap - 16Jun21

FBM KLCI: 1,578.32 pts (-3.05pts, -0.19%)
The FBM KLCI (-0.2%) gains faded in the afternoon trade, leaving the key index in the negative territory alongside with the negative regional market undertone despite a clearer picture on the National Recovery Plan. Market breadth turned negative as the losers overpowered the gainers by 668-to-349 stocks. The utilities sector was the only bright spot on the broader market, anchored by gains on PETGAS (+12.0 sen), TENAGA (+8.0 sen), and TALIWRK (+2.0 sen).

Top 3 Active stocks:
KNM (7164): RM0.20 (-0.5 sen)
DNEX (4456): RM0.875 (-1.5 sen)
SERBADK (5279): RM0.645 (-3.5 sen)

Volume: 4.69 bn (100-day avg vol: 7.70 bn)
Value: 3.14 bn (100-day avg val: 4.49 bn)
Market Breadth: 349 668
Crude palm oil: RM3,365 (-RM177)
Dow Futures: 34,123 pts (-54 pts)

Source: Bloomberg, M+ Online