M+ Market Wrap - 15 Jan 25

FBM KLCI: 1,562.12 pts (-14.34pts, -0.91%)

The FBMKLCI (-0.91%) lost its early momentum as market participants remained cautious ahead of the U.S. inflation data set to be released tonight. Market breadth was negative, with 964 decliners against 193 gainers. All sectors ended red, with the Construction sector (-4.80%) declined the most, marking another losing streak of six consecutive days, led by losses in both GAMUDA (-27.0 sen) and IJM (-16.0 sen), as both have fallen below the 50-day EMA.

Top 3 Active stocks:
EAH (0154): RM0.005 (unch)
MYEG (0138): RM0.890 (-4.5 sen)

GAMUDA (5398): RM4.450 (-27.0 sen)

Volume: 3.41 bn (100-bar avg vol: 3.01 bn)
Value: RM3.08 bn (100-bar avg val: RM2.81 bn)
Market Breadth: ⬆️193 ⬇️964
Crude palm oil: RM4,345 (-RM92)

Dow Futures: 42,793 pts (+41 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.