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Our local market were generally higher today but the KLCI fell -1.86 to 1,683.07 with higher trading volume and value on MSCI rebalancing.
SKYECHIP (5357) hit intraday high of RM3.00 before closing +5.31% RM2.97
SUNMED (5555) hit intraday high of RM1.81 before closing +1.14% to RM1.77 after in consolidation mode for sometime.
Tech stocks UNISEM (5005) +6.0%, MI (5286) + 2.99%, UWC (5292) +2.24% ITMAX (5309) +6.45% leading the technology index +1.21%
Market breadth is positive with 680 gainers vs 512 losers
Overall market trading volume surged above the 4 billion mark to 4.93 billion and trading value jumped to RM10.47 billion due to MSCI rebalancing of porfolios.
📈
Top 3 sectors:
Healthcare
➡️
1,626.74 pts +2.0%
Telco & media
➡️
420.63 pts +1.45%
Technology
➡️
73.87 pts +1.21%
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Our local market were broadly lower today with the KLCI falling below the 1,700 level -9.48 to 1,699.02
SKYECHIP (5357) hit intraday high of RM3.01 in the morning session before profit taking saw it fell to RM2.71, but rebounded to RM2.89 -1.02% with continued buying interest while OPPSTAR (0275) gained +5.51% to RM0.67 on AI contract win.
EMPIRE (5351) were flat at RM0.98 and SUNMED (5555) continued to drift lower -1.68% to RM1.75
Tech stocks INARI (0166) +12.12%, MI (5286) + 2.64%, UNISEM (5005) +5.15% leading the technology index +0.96%
Market breadth is negative with 695 losers vs 413 gainers
Overall market trading volume were slightly higher at 3.23 billion and trading higher at RM3.71 billion
📈
Top 3 sectors:
Technology
➡️
72.69 pts +0.96%
Telco & media
➡️
417.29 pts +0.38%
Industrial product & services
➡️
198.03 pts +0.16%
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Our local market were broadly lower today with the KLCI -4.17 to 1,708.50 while regional markets closed higher.
SKYECHIP (5357) continued to attract strong buying interest +8.14% to RM2.92 while OPPSTAR (0275) drift lower -3.05% to RM0.635
EMPIRE (5351) were flat at RM0.98 and SUNMED (5555) -1.65% to RM1.78
Tech stocks MI (5286) + 7.85%, UNISEM (5005) +7.77%, PENTA (7160) +4.79%, VSTECS (5162) +3.73% leading the technology index +1.37%
Market breadth is negative with 630 losers vs 441 gainers
Overall market trading volume were lower at 3.12 billion and trading value lower at RM3.16 billion
📈
Top 3 sectors:
Technology
➡️
71.03 pts +1.37%
Transportation & Logistics
➡️
1,023.68 pts +0.16%
Financial services
➡️
20,011.55 pts +0.07%
#MarketClosingRecap