M+ Global Market Update – 02Apr26
Sentiment Turned Better Ahead Of Trump’s Speech
US: Buying interest emerged as investors speculated on a potential de-escalation of Middle East tensions, with Trump appearing willing to retreat despite the loss of the Strait of Hormuz stake and the deferral of threats against Iran’s power infrastructure. We maintain the view that DRAM supply-demand constraints will intensify through at least CY27, while data centre demand has surged over the last few months, with CY26 inventory already largely sold out. Moreover, greenfield wafer capacity is expected to be released only by late 2027, with meaningful contributions not arriving until 2028, according to Micron. TurboQuant is expected to have a minimal impact on Micron’s core business.
MY: We expect the local bourse to follow suit with Wall Street’s rebound. Positive developments for Micron should bode well for TMK Chemical, as TMK’s products are widely utilised in the production and manufacturing industries, and it forms the foundational building blocks for the E&E and semiconductor segment. With Micron’s additional capacity expected to come online next year, this should benefit TMK. Meanwhile, higher crude oil prices may present near-term headwinds for glove manufacturers. However, we anticipate a tightening in global glove supply due to raw material constraints following the Middle East tensions.
Stocks to watch:
Technology: CORAZA, *DUFU*, *NE*
Automotive: BAUTO, *BETA*
Renewable Energy: *KENERGY*, *PEKAT*
Healthcare: *KPJ*
Financial: AMBANK
Consumer: TGUAN
Property: KTI
Building Material: MSC
**Source: M+ Global**
Sentiment Turned Better Ahead Of Trump’s Speech
US: Buying interest emerged as investors speculated on a potential de-escalation of Middle East tensions, with Trump appearing willing to retreat despite the loss of the Strait of Hormuz stake and the deferral of threats against Iran’s power infrastructure. We maintain the view that DRAM supply-demand constraints will intensify through at least CY27, while data centre demand has surged over the last few months, with CY26 inventory already largely sold out. Moreover, greenfield wafer capacity is expected to be released only by late 2027, with meaningful contributions not arriving until 2028, according to Micron. TurboQuant is expected to have a minimal impact on Micron’s core business.
MY: We expect the local bourse to follow suit with Wall Street’s rebound. Positive developments for Micron should bode well for TMK Chemical, as TMK’s products are widely utilised in the production and manufacturing industries, and it forms the foundational building blocks for the E&E and semiconductor segment. With Micron’s additional capacity expected to come online next year, this should benefit TMK. Meanwhile, higher crude oil prices may present near-term headwinds for glove manufacturers. However, we anticipate a tightening in global glove supply due to raw material constraints following the Middle East tensions.
Stocks to watch:
Technology: CORAZA, *DUFU*, *NE*
Automotive: BAUTO, *BETA*
Renewable Energy: *KENERGY*, *PEKAT*
Healthcare: *KPJ*
Financial: AMBANK
Consumer: TGUAN
Property: KTI
Building Material: MSC
**Source: M+ Global**
👍2
M+ Global Market Wrap - 2Apr26
FBM KLCI: 1,698.30 pts (-10.60pts, -0.62%)
The FBM KLCI (-0.62%) to close at 1,698.30 points as President Trump threatened more aggressive attacks on Iran. The market breadth was negative, with 736 losers against 469 winners. Sector wise, Healthcare (+2.57%) outperformed, led by TOPGLOV (+10.0sen) and KOSSAN (+6.0sen), as naphta shortage due to the closure of the Strait of Hormuz could reduce global glove supply. Meanwhile, Finance (-1.58%) declined the most.
Top 3 Active stocks:
VS (6963): RM0.185 (-1.5 sen)
TOPGLOV (7113): RM0.760 (+10.0 sen)
SUNMED (5555): RM2.00 (-13.0sen)
Top 3 Gainer stocks:
PCHEM (5183): RM5.97 (+57.0 sen)
CEPCO (8435): RM2.43 (+56.0 sen)
KLK (2445): RM21.88 (+36.0 sen)
Top 3 Loser stocks:
NESTLE (4707): RM98.86 (-184.0 sen)
PETDAG (5681): RM21.10 (-90.0 sen)
MPI (3867): RM29.08 (-88.0 sen)
Volume: 3.59 bn (100-bar avg vol: 3.20 bn)
Value: RM3.69 bn (100-bar avg val: RM3.02 bn)
Market Breadth: ⬆️469 ⬇️736
Crude Palm Oil: RM4,769 (+RM50, +1.05%)
Dow Futures: 46,375 pts (-431 pts)
**Source: M+ Global, Bloomberg **
FBM KLCI: 1,698.30 pts (-10.60pts, -0.62%)
The FBM KLCI (-0.62%) to close at 1,698.30 points as President Trump threatened more aggressive attacks on Iran. The market breadth was negative, with 736 losers against 469 winners. Sector wise, Healthcare (+2.57%) outperformed, led by TOPGLOV (+10.0sen) and KOSSAN (+6.0sen), as naphta shortage due to the closure of the Strait of Hormuz could reduce global glove supply. Meanwhile, Finance (-1.58%) declined the most.
Top 3 Active stocks:
VS (6963): RM0.185 (-1.5 sen)
TOPGLOV (7113): RM0.760 (+10.0 sen)
SUNMED (5555): RM2.00 (-13.0sen)
Top 3 Gainer stocks:
PCHEM (5183): RM5.97 (+57.0 sen)
CEPCO (8435): RM2.43 (+56.0 sen)
KLK (2445): RM21.88 (+36.0 sen)
Top 3 Loser stocks:
NESTLE (4707): RM98.86 (-184.0 sen)
PETDAG (5681): RM21.10 (-90.0 sen)
MPI (3867): RM29.08 (-88.0 sen)
Volume: 3.59 bn (100-bar avg vol: 3.20 bn)
Value: RM3.69 bn (100-bar avg val: RM3.02 bn)
Market Breadth: ⬆️469 ⬇️736
Crude Palm Oil: RM4,769 (+RM50, +1.05%)
Dow Futures: 46,375 pts (-431 pts)
**Source: M+ Global, Bloomberg **
👏4
🚨 We are live now!
Tune in to the MTT Shipping & Logistics IPO Unboxing on the M+Global App to hear directly from the management team on the company’s story, growth plans, and IPO highlights.
Watch now!
https://mplusgbl.com.my/vN8f
Tune in to the MTT Shipping & Logistics IPO Unboxing on the M+Global App to hear directly from the management team on the company’s story, growth plans, and IPO highlights.
Watch now!
https://mplusgbl.com.my/vN8f
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M+ Global Market Update – 03Apr26
Uncertainty Over US-Iran Tension Persisted
US: As uncertainty persists regarding the outcome of the US–Iran crisis, coupled with further escalation from the Trump administration and the continued closure of the Strait of Hormuz; Wall Street is expected to close on a weaker note. These factors may provide organic demand for gold, while higher energy prices are likely to create a domino effect, leading to an expected slowdown in global economic growth. Data centre demand has started to materialise, while supply constraints are expected to persist through CY27; we believe Micron’s fundamentals remain intact despite concerns over Google’s TurboQuant.
MY: In view of Wall Street’s mixed overnight performance, we expect the local market to follow suit. We view LACMED’s shift towards an asset-ownership model favourably, as it creates a conducive environment for both LACMED and its clients. For perspective, this should provide greater working capital flexibility for clients, allowing them to focus on their core operations. Higher crude oil prices may present near-term headwinds for glove manufacturers, particularly given the tightening global glove supply arising from raw material constraints following tensions in the Middle East. The global leadership's response to this energy crisis could provide a boost to renewable energy or energy-efficient solution providers.
Stocks to watch:
Plantation: MHC, *THPLANT*, TSH
Chemical: *CRPMATE*, *TMK*
O&G: *DIALOG*, WASCO
Gloves: *HARTA*, KOSSAN
Building Material: MCEMENT
Technology: *NE*
Financial: *OSK*
Plastic: *TGUAN*
**Source: M+ Global**
Uncertainty Over US-Iran Tension Persisted
US: As uncertainty persists regarding the outcome of the US–Iran crisis, coupled with further escalation from the Trump administration and the continued closure of the Strait of Hormuz; Wall Street is expected to close on a weaker note. These factors may provide organic demand for gold, while higher energy prices are likely to create a domino effect, leading to an expected slowdown in global economic growth. Data centre demand has started to materialise, while supply constraints are expected to persist through CY27; we believe Micron’s fundamentals remain intact despite concerns over Google’s TurboQuant.
MY: In view of Wall Street’s mixed overnight performance, we expect the local market to follow suit. We view LACMED’s shift towards an asset-ownership model favourably, as it creates a conducive environment for both LACMED and its clients. For perspective, this should provide greater working capital flexibility for clients, allowing them to focus on their core operations. Higher crude oil prices may present near-term headwinds for glove manufacturers, particularly given the tightening global glove supply arising from raw material constraints following tensions in the Middle East. The global leadership's response to this energy crisis could provide a boost to renewable energy or energy-efficient solution providers.
Stocks to watch:
Plantation: MHC, *THPLANT*, TSH
Chemical: *CRPMATE*, *TMK*
O&G: *DIALOG*, WASCO
Gloves: *HARTA*, KOSSAN
Building Material: MCEMENT
Technology: *NE*
Financial: *OSK*
Plastic: *TGUAN*
**Source: M+ Global**
M+ Morning Market Buzz - 3Apr26
Dow Jones: 46,504.67 pts (-61.07pts, -0.13%)
⬆ Resistance: 47800
⬇ Support: 44200
FBM KLCI: 1,698.30 pts (-10.60pts, -0.62%)
⬆ Resistance: 1760
⬇ Support: 1650
HSI Index: 25,116.53 pts (-177.50pts, -0.70%)
⬆ Resistance: 26000
⬇ Support: 24000
Crude Palm Oil: RM4,791 (+RM14, +0.29%)
⬆ Resistance: 5020
⬇ Support: 4470
Brent Oil: $109.03 (+$7.87, +7.78%)
⬆ Resistance: 121.70
⬇ Support: 96.40
Gold: $4,676.76 (-$81.81, -1.72%)
⬆ Resistance: 4900
⬇ Support: 4290
Source: Bloomberg, M+ Global
Dow Jones: 46,504.67 pts (-61.07pts, -0.13%)
⬆ Resistance: 47800
⬇ Support: 44200
FBM KLCI: 1,698.30 pts (-10.60pts, -0.62%)
⬆ Resistance: 1760
⬇ Support: 1650
HSI Index: 25,116.53 pts (-177.50pts, -0.70%)
⬆ Resistance: 26000
⬇ Support: 24000
Crude Palm Oil: RM4,791 (+RM14, +0.29%)
⬆ Resistance: 5020
⬇ Support: 4470
Brent Oil: $109.03 (+$7.87, +7.78%)
⬆ Resistance: 121.70
⬇ Support: 96.40
Gold: $4,676.76 (-$81.81, -1.72%)
⬆ Resistance: 4900
⬇ Support: 4290
Source: Bloomberg, M+ Global
Company Update
Powerwell Holdings Berhad
Target Price: RM0.93 (BUY)
📌 Powerwell Holdings Berhad (Powerwell) has introduced a RM100 monthly fuel allowance for all eligible employees, effective immediately, positioning itself among the first Malaysian corporates to directly address rising commuting costs.
📌 The initiative is aimed at cushioning the immediate financial strain from higher fuel expenses, reinforcing its employee-centric approach while ensuring workforce stability and morale are preserved amid a challenging cost environment.
📌 From channel checks, we understand this would add an additional RM21.8K per month, translating to RM261.6k per annum, equating to 23.3% of EBITDA margins for FY27–28F, and remaining within our initial estimates.
Regards;
M+ Global Research
Powerwell Holdings Berhad
Target Price: RM0.93 (BUY)
📌 Powerwell Holdings Berhad (Powerwell) has introduced a RM100 monthly fuel allowance for all eligible employees, effective immediately, positioning itself among the first Malaysian corporates to directly address rising commuting costs.
📌 The initiative is aimed at cushioning the immediate financial strain from higher fuel expenses, reinforcing its employee-centric approach while ensuring workforce stability and morale are preserved amid a challenging cost environment.
📌 From channel checks, we understand this would add an additional RM21.8K per month, translating to RM261.6k per annum, equating to 23.3% of EBITDA margins for FY27–28F, and remaining within our initial estimates.
Regards;
M+ Global Research
🥰2
*IPO Highlights: 5E Resources Holdings Berhad* 🌿
Turning waste into wealth! ♻️ Discover how this Johor-based specialist is dominating Malaysia’s circular economy by transforming industrial by-products into valuable resources.
With a massive 27.2% profit margin and plans to triple their capacity, 5E Resources is a high-growth sustainability leader you’ll want to look into.
Read the full deep-dive here: 🔗 https://m.global.mplusonline.com/post/content/24031911000292016?from=CMS_ADMIN&lang=en_US
⏳ *Final Call:* Applications close at *5PM* today. Subscribe via *M+Global* now!
Turning waste into wealth! ♻️ Discover how this Johor-based specialist is dominating Malaysia’s circular economy by transforming industrial by-products into valuable resources.
With a massive 27.2% profit margin and plans to triple their capacity, 5E Resources is a high-growth sustainability leader you’ll want to look into.
Read the full deep-dive here: 🔗 https://m.global.mplusonline.com/post/content/24031911000292016?from=CMS_ADMIN&lang=en_US
⏳ *Final Call:* Applications close at *5PM* today. Subscribe via *M+Global* now!
M+ Global
Turning Waste into Wealth: 5E Resources Targets RM400M Debut
A Green Enabler for Malaysia’s Industry
As Malaysia pushes for green growth und...
As Malaysia pushes for green growth und...
😍2
IPO Spotlight: MTT Shipping & Logistics (MTTSL)🚢
Ready to ride the wave with Malaysia’s #1 container liner operator? 🌊
MTTSL is making its landmark Main Market debut! As a dominant market leader, this homegrown powerhouse is primed for major regional expansion.
Check out the full breakdown here: 🔗 https://m.global.mplusonline.com/post/content/24031911000292562?from=CMS_ADMIN&lang=en_US
⏳ Final Call: Applications close at 5PM today. Subscribe via M+Global now!
Ready to ride the wave with Malaysia’s #1 container liner operator? 🌊
MTTSL is making its landmark Main Market debut! As a dominant market leader, this homegrown powerhouse is primed for major regional expansion.
Check out the full breakdown here: 🔗 https://m.global.mplusonline.com/post/content/24031911000292562?from=CMS_ADMIN&lang=en_US
⏳ Final Call: Applications close at 5PM today. Subscribe via M+Global now!
M+ Global
MTT Shipping & Logistics: Sailing Toward a Landmark Main Market Debut
A Dominant Leader in Malaysia’s Waters
MTT Shipping Logistics Berhad (MTTSL) is...
MTT Shipping Logistics Berhad (MTTSL) is...
Good Evening All,
Here’s our IPO note on Golden Destinations Group Berhad: Your Trusted Guide to Global Trading | Malacca Securities (mplusonline.com)
We assign a fair value of RM0.51 per share for GDGROUP, indicating a 13.3% upside from the IPO price of RM0.45. This valuation is based on a PE multiple of 16.0x, pegged to mid-FY27F EPS of 3.17 sen.
Investment highlights include:
(i) Three decades of expertise with formidable brand equity
(ii) Economies of scale through wide B2B distribution network
(iii) Strong exposure to China and Asian markets provides buffer against Middle East conflict
(iv) Procurement strategy hedges against rising fuel costs
(v) Strategic expansion into Singapore
(vi) Dominant player in a fragmented market
Research Team, M+ Global
3 Apr 2026
Here’s our IPO note on Golden Destinations Group Berhad: Your Trusted Guide to Global Trading | Malacca Securities (mplusonline.com)
We assign a fair value of RM0.51 per share for GDGROUP, indicating a 13.3% upside from the IPO price of RM0.45. This valuation is based on a PE multiple of 16.0x, pegged to mid-FY27F EPS of 3.17 sen.
Investment highlights include:
(i) Three decades of expertise with formidable brand equity
(ii) Economies of scale through wide B2B distribution network
(iii) Strong exposure to China and Asian markets provides buffer against Middle East conflict
(iv) Procurement strategy hedges against rising fuel costs
(v) Strategic expansion into Singapore
(vi) Dominant player in a fragmented market
Research Team, M+ Global
3 Apr 2026
M+ Global Market Wrap - 3Apr26
FBM KLCI: 1,695.50 pts (-2.80pts, -0.16%)
The FBM KLCI (-0.16%) closed lower at 1695.50 points as Trump announced more tarrifs on broad metals and patented drugs. The market breadth however was positive, with 634 winners against 415 losers. Sector wise, Utlities (+1.93%) outperformed, led by YTLPOWR (+31.0sen) and YTL (+13.0sen) as investors saw strong growth prospects from a boom in data centers. Meanwhile, Finance (-1.43%) declined the most.
Top 3 Active stocks:
BORNOIL (7036): RM0.010 (+0.5 sen)
VS (6963): RM0.180 (-0.5 sen)
TOPGLOV (7113): RM0.810 (+5.0sen)
Top 3 Gainer stocks:
NESTLE (4707): RM100.20 (+134.0 sen)
KLK (2445): RM22.88 (+100.0 sen)
YTLPOWR (6742): RM3.51 (+31.0 sen)
Top 3 Loser stocks:
F&N (3689): RM28.50 (-80.0 sen)
HLBANK (5819): RM21.72 (-28.0 sen)
RHBBANK (1066): RM8.32 (-22.0 sen)
Volume: 3.38 bn (100-bar avg vol: 3.18 bn)
Value: RM2.95 bn (100-bar avg val: RM3.03 bn)
Market Breadth: ⬆️634 ⬇️415
Crude Palm Oil: RM4,791 (+RM26, +0.54%)
Dow Futures: 46,636 pts (-96 pts)
**Source: M+ Global, Bloomberg **
FBM KLCI: 1,695.50 pts (-2.80pts, -0.16%)
The FBM KLCI (-0.16%) closed lower at 1695.50 points as Trump announced more tarrifs on broad metals and patented drugs. The market breadth however was positive, with 634 winners against 415 losers. Sector wise, Utlities (+1.93%) outperformed, led by YTLPOWR (+31.0sen) and YTL (+13.0sen) as investors saw strong growth prospects from a boom in data centers. Meanwhile, Finance (-1.43%) declined the most.
Top 3 Active stocks:
BORNOIL (7036): RM0.010 (+0.5 sen)
VS (6963): RM0.180 (-0.5 sen)
TOPGLOV (7113): RM0.810 (+5.0sen)
Top 3 Gainer stocks:
NESTLE (4707): RM100.20 (+134.0 sen)
KLK (2445): RM22.88 (+100.0 sen)
YTLPOWR (6742): RM3.51 (+31.0 sen)
Top 3 Loser stocks:
F&N (3689): RM28.50 (-80.0 sen)
HLBANK (5819): RM21.72 (-28.0 sen)
RHBBANK (1066): RM8.32 (-22.0 sen)
Volume: 3.38 bn (100-bar avg vol: 3.18 bn)
Value: RM2.95 bn (100-bar avg val: RM3.03 bn)
Market Breadth: ⬆️634 ⬇️415
Crude Palm Oil: RM4,791 (+RM26, +0.54%)
Dow Futures: 46,636 pts (-96 pts)
**Source: M+ Global, Bloomberg **
👏2
M+ Morning Market Buzz - 6Apr26
Dow Jones: 46,504.67 pts (-61.07pts, -0.13%)
⬆️ Resistance: 47800
⬇️ Support: 44200
FBM KLCI: 1,695.50 pts (-2.80pts, -0.16%)
⬆️ Resistance: 1760
⬇️ Support: 1650
HSI Index: 25,116.53 pts (-177.50pts, -0.70%)
⬆️ Resistance: 26000
⬇️ Support: 24000
Crude Palm Oil: RM4,839 (+RM48, +1.00%)
⬆️ Resistance: 5020
⬇️ Support: 4560
Brent Oil: $109.03 (+$2.27, +7.78%)
⬆️ Resistance: 121.70
⬇️ Support: 96.40
Gold: $4,676.76 (-$63.29, -1.72%)
⬆️ Resistance: 4900
⬇️ Support: 4340
Source: Bloomberg, M+ Global
Dow Jones: 46,504.67 pts (-61.07pts, -0.13%)
⬆️ Resistance: 47800
⬇️ Support: 44200
FBM KLCI: 1,695.50 pts (-2.80pts, -0.16%)
⬆️ Resistance: 1760
⬇️ Support: 1650
HSI Index: 25,116.53 pts (-177.50pts, -0.70%)
⬆️ Resistance: 26000
⬇️ Support: 24000
Crude Palm Oil: RM4,839 (+RM48, +1.00%)
⬆️ Resistance: 5020
⬇️ Support: 4560
Brent Oil: $109.03 (+$2.27, +7.78%)
⬆️ Resistance: 121.70
⬇️ Support: 96.40
Gold: $4,676.76 (-$63.29, -1.72%)
⬆️ Resistance: 4900
⬇️ Support: 4340
Source: Bloomberg, M+ Global
👏2
M+ Global Market Update – 06Apr26
Trump Sets Tuesday Deadline for Iran Strikes
US: Over the weekend, President Trump escalated his threats to bomb Iranian power plants within the next two days and requested that the Strait of Hormuz be reopened. We believe the recent rebound may face another round of selling pressure due to a lack of de-escalation progress. Nevertheless, we view the closure of the Strait of Hormuz as benefiting Cheniere Energy, as the company is able to source cheaper American gas and sell it at a premium to Europe and Asia, while higher charter rates will benefit companies like Scorpio Tankers and Frontline. Lastly, given the rising ASPs for DRAM and NAND, we reiterate our technical picks of Micron Technology, Western Digital, and Applied Materials.
MY: With FTSE Russell and Bursa Malaysia planning to increase the FBMKLCI constituents from 30 to 50, we view stocks such as KPJ, DIALOG, and IGBREIT as potential inclusions. Meanwhile, with the MYR moving from RM3.88 towards the RM4.00 level against the USD, bottoming signals are appearing in technology stocks like INARI and FRONTKN, with the latter expected to benefit from TSMC’s ramp-up of 2nm chip production. Lastly, despite the discontinuation of the 10% preferential withholding tax (WHT) rate on REITs, we view the recent sell-off in REITs as a good accumulation opportunity, underpinned by their strong fundamentals.
Stocks to watch:
Technology: *CORAZA*, *DUFU*, KGB, *NE*, SCICOM
Consumer: *BETA*, TGUAN
O&G: *DIALOG*, WASCO
Solar: *SLVEST*
Chemical: TMK
Construction: MNHLDG
Financial: OSK
**Source: M+ Global**
Trump Sets Tuesday Deadline for Iran Strikes
US: Over the weekend, President Trump escalated his threats to bomb Iranian power plants within the next two days and requested that the Strait of Hormuz be reopened. We believe the recent rebound may face another round of selling pressure due to a lack of de-escalation progress. Nevertheless, we view the closure of the Strait of Hormuz as benefiting Cheniere Energy, as the company is able to source cheaper American gas and sell it at a premium to Europe and Asia, while higher charter rates will benefit companies like Scorpio Tankers and Frontline. Lastly, given the rising ASPs for DRAM and NAND, we reiterate our technical picks of Micron Technology, Western Digital, and Applied Materials.
MY: With FTSE Russell and Bursa Malaysia planning to increase the FBMKLCI constituents from 30 to 50, we view stocks such as KPJ, DIALOG, and IGBREIT as potential inclusions. Meanwhile, with the MYR moving from RM3.88 towards the RM4.00 level against the USD, bottoming signals are appearing in technology stocks like INARI and FRONTKN, with the latter expected to benefit from TSMC’s ramp-up of 2nm chip production. Lastly, despite the discontinuation of the 10% preferential withholding tax (WHT) rate on REITs, we view the recent sell-off in REITs as a good accumulation opportunity, underpinned by their strong fundamentals.
Stocks to watch:
Technology: *CORAZA*, *DUFU*, KGB, *NE*, SCICOM
Consumer: *BETA*, TGUAN
O&G: *DIALOG*, WASCO
Solar: *SLVEST*
Chemical: TMK
Construction: MNHLDG
Financial: OSK
**Source: M+ Global**
M+ Global Market Wrap - 6Apr26
FBM KLCI: 1,680.83 pts (-14.67pts, -0.87%)
The FBM KLCI (-0.87%) closed lower at 1680.83 points as Trump may escalate further on the geopolitical tension if Iran does not reopen the Strait of Hormuz. The market breadth however was negative, with 660 losers against 362 winners. Sector wise, Utlities (+0.31%) outperformed, led by YTLPOWR (+6.0sen) and YTL (+2.0sen), while Healthcare (-3.74%) declined the most.
Top 3 Active stocks:
VS (6963): RM0.190 (+1.0 sen)
TOPGLOV (7113): RM0.785 (-2.5 sen)
SUPERMX (7106): RM0.335 (-1.5 sen)
Top 3 Gainer stocks:
F&N (3689): RM29.08 (+58.0 sen)
AYER (2305): RM7.35 (+34.0 sen)
APOLLO (6432): RM5.80 (+18.0 sen)
Top 3 Loser stocks:
KLK (2445): RM22.20 (-68.0 sen)
PETDAG (5681): RM20.68 (-54.0 sen)
HLBANK (5819): RM21.24 (-48.0 sen)
Volume: 2.87 bn (100-bar avg vol: 3.17 bn)
Value: RM2.72 bn (100-bar avg val: RM3.04 bn)
Market Breadth: ⬆️362 ⬇️660
Crude Palm Oil: RM4,839 (-RM21, -0.43%)
Dow Futures: 46,821 pts (+89 pts)
**Source: M+ Global, Bloomberg **
FBM KLCI: 1,680.83 pts (-14.67pts, -0.87%)
The FBM KLCI (-0.87%) closed lower at 1680.83 points as Trump may escalate further on the geopolitical tension if Iran does not reopen the Strait of Hormuz. The market breadth however was negative, with 660 losers against 362 winners. Sector wise, Utlities (+0.31%) outperformed, led by YTLPOWR (+6.0sen) and YTL (+2.0sen), while Healthcare (-3.74%) declined the most.
Top 3 Active stocks:
VS (6963): RM0.190 (+1.0 sen)
TOPGLOV (7113): RM0.785 (-2.5 sen)
SUPERMX (7106): RM0.335 (-1.5 sen)
Top 3 Gainer stocks:
F&N (3689): RM29.08 (+58.0 sen)
AYER (2305): RM7.35 (+34.0 sen)
APOLLO (6432): RM5.80 (+18.0 sen)
Top 3 Loser stocks:
KLK (2445): RM22.20 (-68.0 sen)
PETDAG (5681): RM20.68 (-54.0 sen)
HLBANK (5819): RM21.24 (-48.0 sen)
Volume: 2.87 bn (100-bar avg vol: 3.17 bn)
Value: RM2.72 bn (100-bar avg val: RM3.04 bn)
Market Breadth: ⬆️362 ⬇️660
Crude Palm Oil: RM4,839 (-RM21, -0.43%)
Dow Futures: 46,821 pts (+89 pts)
**Source: M+ Global, Bloomberg **
M+ Morning Market Buzz - 7Apr26
Dow Jones: 46,669.88 pts (+165.21pts, +0.36%)
⬆️ Resistance: 47800
⬇️ Support: 44600
FBM KLCI: 1,680.83 pts (-14.67pts, -0.87%)
⬆️ Resistance: 1760
⬇️ Support: 1650
HSI Index: 25,116.53 pts (-177.50pts, -0.70%)
⬆️ Resistance: 26000
⬇️ Support: 24100
Crude Palm Oil: RM4,811 (+RM15, +0.31%)
⬆️ Resistance: 5020
⬇️ Support: 4620
Brent Oil: $109.77 (+$0.74, +0.68%)
⬆️ Resistance: 121.70
⬇️ Support: 96.40
Gold: $4,649.85 (+$9.04, +0.18%)
⬆️ Resistance: 4900
⬇️ Support: 4400
Source: Bloomberg, M+ Global
Dow Jones: 46,669.88 pts (+165.21pts, +0.36%)
⬆️ Resistance: 47800
⬇️ Support: 44600
FBM KLCI: 1,680.83 pts (-14.67pts, -0.87%)
⬆️ Resistance: 1760
⬇️ Support: 1650
HSI Index: 25,116.53 pts (-177.50pts, -0.70%)
⬆️ Resistance: 26000
⬇️ Support: 24100
Crude Palm Oil: RM4,811 (+RM15, +0.31%)
⬆️ Resistance: 5020
⬇️ Support: 4620
Brent Oil: $109.77 (+$0.74, +0.68%)
⬆️ Resistance: 121.70
⬇️ Support: 96.40
Gold: $4,649.85 (+$9.04, +0.18%)
⬆️ Resistance: 4900
⬇️ Support: 4400
Source: Bloomberg, M+ Global
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M+ Global Market Update – 07Apr26
Stocks Edge Higher as Deadline Looms
US: With Iran openly rejecting the 45-day ceasefire proposal, we expect Wall Street to adopt a defensive posture as the market approaches President Trump’s Tuesday evening deadline for the reopening of the Strait of Hormuz. As long as the strait remains closed, energy supply-chain disruptions will continue to provide tailwinds for Cheniere Energy and Frontline, as restricted transit routes drive up both export premiums and tanker charter rates. Lastly, despite the bearish sentiment surrounding Tesla following analyst downgrades, the anticipated SpaceX IPO should bode well for space-sector companies such as Sidus Space, which has recently exhibited bottoming signals.
MY: We expect Bursa Malaysia to track the Wall Street’s positive overnight performance. Meanwhile, the MYR hovering around RM4.05/USD should benefit technology counters such as CORAZA and FRONTKN, with the former is seeing higher demand for WFE enclosures, while the latter stands to benefit from TSMC’s 2nm chip production. Lastly, following IJM rejecting Sunway’s offer, we anticipate some selling pressure on IJM in the near term. However, as the construction giant holds a record RM17.3bn order book and plans to spin off its construction division within the next 18–24 months, it may be considered a value buy at current levels.
Stocks to watch:
Technology: *CORAZA*, EG, GOHUB, *GREATEC*, NATGATE, *NE*, SCICOM
Consumer: *BETA*, CAPITALA
Construction: *MNHLDG*
O&G: WASCO
**Source: M+ Global**
Stocks Edge Higher as Deadline Looms
US: With Iran openly rejecting the 45-day ceasefire proposal, we expect Wall Street to adopt a defensive posture as the market approaches President Trump’s Tuesday evening deadline for the reopening of the Strait of Hormuz. As long as the strait remains closed, energy supply-chain disruptions will continue to provide tailwinds for Cheniere Energy and Frontline, as restricted transit routes drive up both export premiums and tanker charter rates. Lastly, despite the bearish sentiment surrounding Tesla following analyst downgrades, the anticipated SpaceX IPO should bode well for space-sector companies such as Sidus Space, which has recently exhibited bottoming signals.
MY: We expect Bursa Malaysia to track the Wall Street’s positive overnight performance. Meanwhile, the MYR hovering around RM4.05/USD should benefit technology counters such as CORAZA and FRONTKN, with the former is seeing higher demand for WFE enclosures, while the latter stands to benefit from TSMC’s 2nm chip production. Lastly, following IJM rejecting Sunway’s offer, we anticipate some selling pressure on IJM in the near term. However, as the construction giant holds a record RM17.3bn order book and plans to spin off its construction division within the next 18–24 months, it may be considered a value buy at current levels.
Stocks to watch:
Technology: *CORAZA*, EG, GOHUB, *GREATEC*, NATGATE, *NE*, SCICOM
Consumer: *BETA*, CAPITALA
Construction: *MNHLDG*
O&G: WASCO
**Source: M+ Global**
M+ Global Market Wrap - 7Apr26
FBM KLCI: 1,676.86 pts (-3.97pts, -0.24%)
The FBM KLCI (-0.24%) closed lower at 1676.86 points as investors braced for Trump's deadline on Iran. The market breadth was negative, with 538 losers against 343 winners. Sector wise, Healthcare (+0.49%) outperformed, led by IHH (+10.0sen) and KPJ (+4.0sen), while Technology (-1.03%) declined the most.
Top 3 Active stocks:
RENEUCO (7130): RM0.05 (-1.5 sen)
ZETRIX (0138): RM0.740 (-1.0 sen)
VS (6963): RM0.185 (-0.5sen)
Top 3 Gainer stocks:
PETDAG (5681): RM20.96 (+28.0 sen)
HLBANK (5819): RM21.50 (+26.0 sen)
ALLIANZ (1163): RM20.66 (+26.0 sen)
Top 3 Loser stocks:
NESTLE (4707): RM98.30 (-180.0 sen)
F&N (5681): RM28.70 (-38.0 sen)
UTDPLT (2089): RM33.86 (-34.0 sen)
Volume: 2.55 bn (100-bar avg vol: 3.16 bn)
Value: RM2.59 bn (100-bar avg val: RM3.04 bn)
Market Breadth: ⬆️343 ⬇️538
Crude Palm Oil: RM4,811 (-RM30, -0.62%)
Dow Futures: 46,958 pts (+56 pts)
**Source: M+ Global, Bloomberg **
FBM KLCI: 1,676.86 pts (-3.97pts, -0.24%)
The FBM KLCI (-0.24%) closed lower at 1676.86 points as investors braced for Trump's deadline on Iran. The market breadth was negative, with 538 losers against 343 winners. Sector wise, Healthcare (+0.49%) outperformed, led by IHH (+10.0sen) and KPJ (+4.0sen), while Technology (-1.03%) declined the most.
Top 3 Active stocks:
RENEUCO (7130): RM0.05 (-1.5 sen)
ZETRIX (0138): RM0.740 (-1.0 sen)
VS (6963): RM0.185 (-0.5sen)
Top 3 Gainer stocks:
PETDAG (5681): RM20.96 (+28.0 sen)
HLBANK (5819): RM21.50 (+26.0 sen)
ALLIANZ (1163): RM20.66 (+26.0 sen)
Top 3 Loser stocks:
NESTLE (4707): RM98.30 (-180.0 sen)
F&N (5681): RM28.70 (-38.0 sen)
UTDPLT (2089): RM33.86 (-34.0 sen)
Volume: 2.55 bn (100-bar avg vol: 3.16 bn)
Value: RM2.59 bn (100-bar avg val: RM3.04 bn)
Market Breadth: ⬆️343 ⬇️538
Crude Palm Oil: RM4,811 (-RM30, -0.62%)
Dow Futures: 46,958 pts (+56 pts)
**Source: M+ Global, Bloomberg **
👏2
M+ Morning Market Buzz - 8Apr26
Dow Jones: 46,584.46 pts (-85.42pts, -0.18%)
⬆️ Resistance: 47800
⬇️ Support: 45000
FBM KLCI: 1,676.86 pts (-3.97pts, -0.24%)
⬆️ Resistance: 1760
⬇️ Support: 1640
HSI Index: 25,116.53 pts (-177.50pts, -0.70%)
⬆️ Resistance: 26000
⬇️ Support: 24500
Crude Palm Oil: RM4,765 (-RM6, -0.13%)
⬆️ Resistance: 5020
⬇️ Support: 4620
Brent Oil: $109.27 (-$0.50, -0.46%)
⬆️ Resistance: 114.20
⬇️ Support: 96.40
Gold: $4,706.51 (+$104.47, +2.22%)
⬆️ Resistance: 4900
⬇️ Support: 4470
Source: Bloomberg, M+ Global
Dow Jones: 46,584.46 pts (-85.42pts, -0.18%)
⬆️ Resistance: 47800
⬇️ Support: 45000
FBM KLCI: 1,676.86 pts (-3.97pts, -0.24%)
⬆️ Resistance: 1760
⬇️ Support: 1640
HSI Index: 25,116.53 pts (-177.50pts, -0.70%)
⬆️ Resistance: 26000
⬇️ Support: 24500
Crude Palm Oil: RM4,765 (-RM6, -0.13%)
⬆️ Resistance: 5020
⬇️ Support: 4620
Brent Oil: $109.27 (-$0.50, -0.46%)
⬆️ Resistance: 114.20
⬇️ Support: 96.40
Gold: $4,706.51 (+$104.47, +2.22%)
⬆️ Resistance: 4900
⬇️ Support: 4470
Source: Bloomberg, M+ Global
👏2
Good Morning All,
AWC Berhad announced that its wholly-owned subsidiary, Qudotech Sdn. Bhd., has accepted a RM22.2m contract from a joint venture contractor for the execution and completion of plumbing, silo tank and internal sanitary works for a data centre project. The contract is expected to be completed by 27 December 2026. This marks the Engineering Division’s second data centre-related contract win in FY26, bringing AWC’s cumulative contract wins in FY26 to approximately RM472m.
We view this contract win as positive for AWC, as it further strengthens the Group’s foothold in the data centre infrastructure segment. As the job win is within our expectation, we maintained our earnings forecast.
📍We maintain our HOLD recommendation on AWC, with an unchanged TP of RM0.52. The target price is derived based on a P/E ratio of 10.0x pegged to mid-FY27f fully-diluted EPS of 5.20 sen.
AWC Berhad announced that its wholly-owned subsidiary, Qudotech Sdn. Bhd., has accepted a RM22.2m contract from a joint venture contractor for the execution and completion of plumbing, silo tank and internal sanitary works for a data centre project. The contract is expected to be completed by 27 December 2026. This marks the Engineering Division’s second data centre-related contract win in FY26, bringing AWC’s cumulative contract wins in FY26 to approximately RM472m.
We view this contract win as positive for AWC, as it further strengthens the Group’s foothold in the data centre infrastructure segment. As the job win is within our expectation, we maintained our earnings forecast.
📍We maintain our HOLD recommendation on AWC, with an unchanged TP of RM0.52. The target price is derived based on a P/E ratio of 10.0x pegged to mid-FY27f fully-diluted EPS of 5.20 sen.
M+ Global Market Update – 08Apr26 Trump Suspends Iran Attack For 2 Weeks
US: With Trump suspending strikes on Iran for two weeks, Wall Street futures have climbed by more than 2% at the time of writing. Meanwhile, as Anthropic expands its partnership with Google and Broadcom to secure 3.5GW of next-generation TPU capacity, we continue to view Broadcom as the premier "picks and shovels" play for the AI theme. Also, given the recent sell-off in the technology sector, we see an attractive entry point for investors. This outlook is underpinned by the ongoing AI transition and robust financial fundamentals; notably, HDD manufacturer Western Digital has already exhausted its 2026 production capacity due to hyperscaler demand, securing long-term agreements, extending into 2027-2028. MY: We anticipate the FBM KLCI to track Trump’s deadline extension and the positive Wall Street futures. We are particularly optimistic about the breakout observed in CBHB, supported by an order book of RM592m, serving as a strategic proxy for Tenaga’s grid upgrades and the domestic data centre boom. MNHLDG is also positioned to benefit from these structural tailwinds. Besides, we believe bottoming signals are emerging within the solar sector, which presents "value-buy" opportunities for investors in SLVEST and PEKAT, supported by substantial order books and government-led initiatives such as NETR, LSS5+, and Solar ATAP.
Stocks to watch:
Technology: KGB, *KOBAY*, *NE* Automotive: BAUTO, *DRBHCOM* Construction: *CBHB*, MNHLDG Building Material: *CSCSTEL* Chemical: *TMK* O&G: WASCO
**Source: M+ Global**
US: With Trump suspending strikes on Iran for two weeks, Wall Street futures have climbed by more than 2% at the time of writing. Meanwhile, as Anthropic expands its partnership with Google and Broadcom to secure 3.5GW of next-generation TPU capacity, we continue to view Broadcom as the premier "picks and shovels" play for the AI theme. Also, given the recent sell-off in the technology sector, we see an attractive entry point for investors. This outlook is underpinned by the ongoing AI transition and robust financial fundamentals; notably, HDD manufacturer Western Digital has already exhausted its 2026 production capacity due to hyperscaler demand, securing long-term agreements, extending into 2027-2028. MY: We anticipate the FBM KLCI to track Trump’s deadline extension and the positive Wall Street futures. We are particularly optimistic about the breakout observed in CBHB, supported by an order book of RM592m, serving as a strategic proxy for Tenaga’s grid upgrades and the domestic data centre boom. MNHLDG is also positioned to benefit from these structural tailwinds. Besides, we believe bottoming signals are emerging within the solar sector, which presents "value-buy" opportunities for investors in SLVEST and PEKAT, supported by substantial order books and government-led initiatives such as NETR, LSS5+, and Solar ATAP.
Stocks to watch:
Technology: KGB, *KOBAY*, *NE* Automotive: BAUTO, *DRBHCOM* Construction: *CBHB*, MNHLDG Building Material: *CSCSTEL* Chemical: *TMK* O&G: WASCO
**Source: M+ Global**
*2Q26 Outlook and Strategy - Trade Tariffs, Global Tensions, and the Flight to Safety*
https://r.mplusglobal.com.my/public/website/file/2026/04/08/20260408145026063.pdf
• US markets ended in the red during 1Q as selling interest emerged following the Middle East geopolitical tension and persistent inflation pressures overshadowing the earlier concerns over Trump’s tariff. The Energy sector was the top-performing sector, while tech and communication services led the declines. The Fed held rates steady at 3.50–3.75% in March, signalling only one cut expected for the remainder of 2026, a more hawkish guidance for the time being.
• Closer to home, the Ringgit continued to strengthen, hovering around the RM3.97–4.02 zone. Malaysia's GDP surprised to the upside at 6.3% in 4Q25. Foreign inflows remained constructive on the back of data centre capex and structural policy blueprints (13MP, NETR, NIMP 2030).
• We favour selected stocks in the Automotive, Building Materials, NETR-related, power infrastructure, consumer, solar and O&G sectors.
*2Q26 MY Stock picks:-*
1. BETA (S: RM0.500-0.530, R: RM0.700-0.740, CL: RM0.490)
2. PMETAL (S: RM7.25-7.50, R: RM8.50-8.74, CL: RM7.11)
3. SCGBHD (S: RM1.60-1.77, R: RM2.0-2.18, CL: RM1.57)
4. MNHLDG (S: RM1.40-1.50, R: RM2.15-2.25, CL: RM1.37)
5. CBHB (S: RM0.420-0.460, R: RM0.640-0.700, CL: RM0.412)
6. 99SMART (S: RM2.99-3.20, R: RM4.03-4.20, CL: RM2.93)
7. ARMADA (S: RM0.310-0.330, R: RM0.440-0.470, CL: RM0.304)
8. DIALOG (S: RM2.11-2.25, R: RM2.55-2.72, CL: RM2.07)
9. OSK (S: RM1.40-1.50, R: RM1.90-2.0, CL: RM1.37)
10. SLVEST (S: RM1.81-1.97, R: RM2.66-2.86, CL: RM1.77)
11. SCICOM (S: RM1.32-1.40, R: RM1.75-1.84, CL: RM1.29)
12. NE (S: RM0.570-0.650, R: RM0.950-1.0, CL: RM0.559)
13. KGB (S: RM3.75-4.09, R: RM5.27-5.53, CL: RM3.68)
S: Support, R: Resistance, CL: Cut loss
*2Q26 US Stock picks:-*
1. Marvell Technology (MRVL) — Custom AI silicon leader riding the hyperscaler ASIC wave, Nvidia invested $2bn.
2. Ubiquiti (UI) — Disruptive networking play with superior margins and a loyal customer base.
3. BWX Technologies (BWXT) — Monopoly naval nuclear supplier with growing SMR optionality.
4. XPO (XPO) — Less-Than-Truckload freight leader with real pricing power in a re-shoring-driven market.
5. FTAI Aviation (FTAI) — Aircraft engine lessor capitalising on a structural global supply shortage.
6. Casey's General Stores (CASY) — Convenience and fresh-food leader with a best-in-class loyalty ecosystem.
7. Burlington Stores (BURL) — Budget-conscious shoppers who prioritize necessity and find "deals" essential for their household.
8. Illumina (ILMN) — Genomic sequencing platform with durable recurring revenues.
9. Royalty Pharma (RPRX) — High-yield royalty aggregator with minimal binary risk.
10. Medline (MDLN) — Dominant medical distributor riding consolidation and demographic tailwinds.
11. Tradeweb Markets (TW) — Fixed-income electronic trading platform riding the digitisation of bond markets
_*Source: Bloomberg, M+ Global*_
https://r.mplusglobal.com.my/public/website/file/2026/04/08/20260408145026063.pdf
• US markets ended in the red during 1Q as selling interest emerged following the Middle East geopolitical tension and persistent inflation pressures overshadowing the earlier concerns over Trump’s tariff. The Energy sector was the top-performing sector, while tech and communication services led the declines. The Fed held rates steady at 3.50–3.75% in March, signalling only one cut expected for the remainder of 2026, a more hawkish guidance for the time being.
• Closer to home, the Ringgit continued to strengthen, hovering around the RM3.97–4.02 zone. Malaysia's GDP surprised to the upside at 6.3% in 4Q25. Foreign inflows remained constructive on the back of data centre capex and structural policy blueprints (13MP, NETR, NIMP 2030).
• We favour selected stocks in the Automotive, Building Materials, NETR-related, power infrastructure, consumer, solar and O&G sectors.
*2Q26 MY Stock picks:-*
1. BETA (S: RM0.500-0.530, R: RM0.700-0.740, CL: RM0.490)
2. PMETAL (S: RM7.25-7.50, R: RM8.50-8.74, CL: RM7.11)
3. SCGBHD (S: RM1.60-1.77, R: RM2.0-2.18, CL: RM1.57)
4. MNHLDG (S: RM1.40-1.50, R: RM2.15-2.25, CL: RM1.37)
5. CBHB (S: RM0.420-0.460, R: RM0.640-0.700, CL: RM0.412)
6. 99SMART (S: RM2.99-3.20, R: RM4.03-4.20, CL: RM2.93)
7. ARMADA (S: RM0.310-0.330, R: RM0.440-0.470, CL: RM0.304)
8. DIALOG (S: RM2.11-2.25, R: RM2.55-2.72, CL: RM2.07)
9. OSK (S: RM1.40-1.50, R: RM1.90-2.0, CL: RM1.37)
10. SLVEST (S: RM1.81-1.97, R: RM2.66-2.86, CL: RM1.77)
11. SCICOM (S: RM1.32-1.40, R: RM1.75-1.84, CL: RM1.29)
12. NE (S: RM0.570-0.650, R: RM0.950-1.0, CL: RM0.559)
13. KGB (S: RM3.75-4.09, R: RM5.27-5.53, CL: RM3.68)
S: Support, R: Resistance, CL: Cut loss
*2Q26 US Stock picks:-*
1. Marvell Technology (MRVL) — Custom AI silicon leader riding the hyperscaler ASIC wave, Nvidia invested $2bn.
2. Ubiquiti (UI) — Disruptive networking play with superior margins and a loyal customer base.
3. BWX Technologies (BWXT) — Monopoly naval nuclear supplier with growing SMR optionality.
4. XPO (XPO) — Less-Than-Truckload freight leader with real pricing power in a re-shoring-driven market.
5. FTAI Aviation (FTAI) — Aircraft engine lessor capitalising on a structural global supply shortage.
6. Casey's General Stores (CASY) — Convenience and fresh-food leader with a best-in-class loyalty ecosystem.
7. Burlington Stores (BURL) — Budget-conscious shoppers who prioritize necessity and find "deals" essential for their household.
8. Illumina (ILMN) — Genomic sequencing platform with durable recurring revenues.
9. Royalty Pharma (RPRX) — High-yield royalty aggregator with minimal binary risk.
10. Medline (MDLN) — Dominant medical distributor riding consolidation and demographic tailwinds.
11. Tradeweb Markets (TW) — Fixed-income electronic trading platform riding the digitisation of bond markets
_*Source: Bloomberg, M+ Global*_
👍2
M+ Global Market Wrap - 8Apr26
FBM KLCI: 1,696.31 pts (+19.45pts, +1.16%)
The FBM KLCI (+1.16%) closed higher at 1696.31 points as the Pakistan-mediated Iran ceasefire hinted at a possible reopening of the Strait of Hormuz. The market breadth was positive, with 855 winners against 410 losers. Sector wise, Technology (+4.00%) outperformed, led by VITROX (+19.0sen) and GREATEC (+13.0sen), while Plantation (-1.96%) declined the most.
Top 3 Active stocks:
AAX (5238): RM1.25 (+9.0 sen)
VS (6963): RM0.195 (+1.0 sen)
ZETRIX (0138): RM0.760 (+2.0sen)
Top 3 Gainer stocks:
NESTLE (4707): RM101.00 (+270.0 sen)
PETDAG (5681): RM21.98 (+102.0 sen)
F&N (3689): RM29.40 (+70.0 sen)
Top 3 Loser stocks:
UTDPLT (2089): RM32.64 (-122.0 sen)
BKAWAN (1899): RM21.42 (-36.0 sen)
PCHEM (5183): RM5.59 (-29.0 sen)
Volume: 3.77 bn (100-bar avg vol: 3.16 bn)
Value: RM3.64 bn (100-bar avg val: RM3.04 bn)
Market Breadth: ⬆️855 ⬇️410
Crude Palm Oil: RM4,765 (-RM176, -3.69%)
Dow Futures: 47,949 pts (+1137 pts)
**Source: M+ Global, Bloomberg **
FBM KLCI: 1,696.31 pts (+19.45pts, +1.16%)
The FBM KLCI (+1.16%) closed higher at 1696.31 points as the Pakistan-mediated Iran ceasefire hinted at a possible reopening of the Strait of Hormuz. The market breadth was positive, with 855 winners against 410 losers. Sector wise, Technology (+4.00%) outperformed, led by VITROX (+19.0sen) and GREATEC (+13.0sen), while Plantation (-1.96%) declined the most.
Top 3 Active stocks:
AAX (5238): RM1.25 (+9.0 sen)
VS (6963): RM0.195 (+1.0 sen)
ZETRIX (0138): RM0.760 (+2.0sen)
Top 3 Gainer stocks:
NESTLE (4707): RM101.00 (+270.0 sen)
PETDAG (5681): RM21.98 (+102.0 sen)
F&N (3689): RM29.40 (+70.0 sen)
Top 3 Loser stocks:
UTDPLT (2089): RM32.64 (-122.0 sen)
BKAWAN (1899): RM21.42 (-36.0 sen)
PCHEM (5183): RM5.59 (-29.0 sen)
Volume: 3.77 bn (100-bar avg vol: 3.16 bn)
Value: RM3.64 bn (100-bar avg val: RM3.04 bn)
Market Breadth: ⬆️855 ⬇️410
Crude Palm Oil: RM4,765 (-RM176, -3.69%)
Dow Futures: 47,949 pts (+1137 pts)
**Source: M+ Global, Bloomberg **
😁2🥰1