KLSE Traders Update and Ideas

Evening Market Summary - 7 Mar 2018

mplus313
Publish date: Wed, 07 Mar 2018, 05:31 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,837.90 pts (-10.47pts, -0.57%)

The FBM KLCI ended in the red on renewed fears of trade wars, despite paring some of its earlier losses - led by last minute buying-supported in selected heavyweights. Market breadth was also bearish as decliners overpowered advancers by more than six times, while notable losers were O&G-related stocks like Hengyuan Refining (-RM1.00), Petron Malaysia (-70.0 sen) and Petronas Dagangan (-52.0 sen). 

Top 3 Active stocks:
SAPNRG (5218): RM0.51 (-4.5 sen)
HUAAN (2739): RM0.42 (-5.0 sen)

SUMATEC (1201): RM0.065 (-0.5 sen)

Volume: 3.11 bln (100-day avg vol: 2.98 bln)
Value: RM3.17 bln
Market Breadth: ?:163 ?:991
Crude palm oil: RM2,447 (-RM31)

Dow Futures: 24,547 pts (-305 pts)

Source: Bloomberg, M+ Online


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