M+ Market Wrap - 12 Dec 24

FBM KLCI: 1,602.08 pts (-1.12pts, -0.07%)

The FBMKLCI (-0.07%) continues to exert downward pressure for the fifth day, closing lower at 1602.08 pts, mainly dragged down by heavyweights like TENAGA (-20.0 sen) and CDB (-7.0 sen). The market breadth was also negative, with 548 losers against 466 winners. In the broader market, the Industrial Products & Services (+0.40%) sector experienced the largest gain, led by SUNWAY (+9.0 sen) and PMETAL (+2.0 sen). Meanwhile, the Healthcare (-1.15%) sector continued to end the day as the worst performing sector, as profit-taking activities were seen in gloves-related counters following their recent share price rallies. 

Top 3 Active stocks:
ZENTECH (0094): RM0.005 (-0.5 sen)
TWL (7079): RM0.030 (unch)

AIZO (7219): RM0.130 (unch)

Volume: 3.33 bn (100-bar avg vol: 3.32 bn)
Value: RM2.53 bn (100-bar avg val: RM3.03 bn)
Market Breadth: ⬆️466 ⬇️548
Crude palm oil: RM4,901 (+RM45)

Dow Futures: 44,109 pts (-113 pts)

**Source: Bloomberg, M+ **

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