KLSE Traders Update and Ideas

Evening Market Summary - 5 Feb 2018

mplus313
Publish date: Mon, 05 Feb 2018, 05:11 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,853.07 pts (-17.41pts, -0.93%)

Tracking the weakness in renewed weakness in Wall Street last Friday, the FBM KLCI nosedived at the opening bell before recouping some of its intraday losses to close at 1,853.07 pts on Monday. Market breadth remains negative, as losers thumped winners on a ratio of 966-to-167 stocks. Nevertheless, consumer products stocks like Fraser & Neave (+62.0 sen), Dutch Lady (+54.0 sen) and Heineken (+48.0 sen) outperformed the insipid market.

Top 3 Active stocks:
HIBISCS (5199): RM0.875 (-7.5 sen)
SAPNRG (5218): RM0.705 (-3.0 sen)

SUMATEC (1201): RM0.075 (-1.0 sen)

Volume: 2.66 bln (100-day avg vol: 2.97 bln)
Value: RM2.85 bln
Market Breadth: ?:167 ?:966
Crude palm oil: RM2,483 (+RM16)

Dow Futures: 25,296 pts (-132 pts)

Source: Bloomberg, M+ Online


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