M+ Market Wrap - 4 Feb 25

FBM KLCI: 1,564.56 pts (+10.93pts, +0.70%)

Following President Trump’s tariff delay on Canada and Mexico, the FBMKLCI (+0.70%) rebounded well with the news and closed higher at 1,564.56 pts, led by banking heavyweights including CIMB (+19.0 sen) and PBBANK (+8.0 sen). The market breadth was also positive, with 544 gainers against 415 losers. In the broader market, 11 out of 13 sectors closed on a positive note, with the Telecommunications & Media (+1.06%) sector emerging as the best performer. Meanwhile, the Healthcare (-0.48%) sector declined the most, as investors could be taking a breather awaiting President Trump's reaction after China retaliated with several tariffs on US imports.

Top 3 Active stocks:
HM (0060): RM0.195 (+1.0 sen)
KOPI (0338): RM0.900 (+4.5 sen)

VELESTO (5243): RM0.180 (-1.0 sen)

Volume: 2.23 bn (100-bar avg vol: 2.95 bn)
Value: RM2.06 bn (100-bar avg val: RM2.70 bn)
Market Breadth: ⬆️544 ⬇️415
Crude palm oil: RM4,293 (-RM74)

Dow Futures: 44,405 pts (-160 pts)

**Source: Bloomberg, M+ **

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