M+ Market Wrap - 3 Dec 24

FBM KLCI: 1,606.96 pts (+11.48pts, +0.72%)

The FBMKLCI (+0.72%) extended its gains to close higher at 1606.96 pts, with all the sectors ended positively except Energy and Transportation & Logistic. The KLCI index was mainly supported by utilities heavyweights like YTLPOWR (+25.0 sen) and YTL (+14.0 sen). The market breadth was also positive, with 683 winners against 432 losers. With strong buying interest seen in YTL-related counters, the Utilities (+2.05%) sector ended the day with the highest gain. Meanwhile, the Energy (-0.87%) saw the largest decline, dragged by DIALOG (-5.0 sen) and YINSON (-1.0 sen).

Top 3 Active stocks:
SAPRNG (5218): RM0.030 (-1.0 sen)
VELESTO (5243): RM0.155 (unch)

JCY (5161): RM0.485 (+4.5 sen)

Volume: 3.32 bn (100-bar avg vol: 3.46 bn)
Value: RM3.31 bn (100-bar avg val: RM3.09 bn)
Market Breadth: ⬆️683 ⬇️432
Crude palm oil: RM5,060 (+RM105)

Dow Futures: 44,920 pts (+15 pts)

**Source: Bloomberg, M+ **

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