M+ Market Wrap - 21 Jan 25

FBM KLCI: 1,580.46 pts (+8.12pts, +0.52%)

The FBMKLCI (+0.52%) continued its winning streak for the third consecutive day, closing higher at 1580.46 pts, with gains in PMETAL (+20.0 sen) and YTL (+14.0 sen) led the key index higher. As President Trump refrained from imposing tariffs on his first day in office, it has led to bullish sentiments in the region. The market breadth was also positive, with 665 winners against 372 losers. In the broader market, Construction (+1.97%) sector emerged as the top performing sector, driven by IJM (+14.0 sen) and SUNCON (+19.0 sen), while REIT (-0.03%) was the only sector ended in the negative territory. 

Top 3 Active stocks:
HM (0060): RM0.170 (+0.5 sen)
CBHB (0339): RM0.365 (+5.0 sen)

TWL (7079): RM0.025 (unch)

Volume: 3.43 bn (100-bar avg vol: 3.01 bn)
Value: RM2.61 bn (100-bar avg val: RM2.81 bn)
Market Breadth: ⬆️665 ⬇️372
Crude palm oil: RM4,235 (+RM29)

Dow Futures: 43,833 pts (+138 pts)

**Source: Bloomberg, M+ **

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