KLSE Traders Update and Ideas

Evening Market Summary - 21 Jun 2018

mplus313
Publish date: Thu, 21 Jun 2018, 05:23 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,692.32 pts (-17.43pts, -1.02%)

The FBM KLCI (-1.0%) extended its losing streak for the ninth session, weighed down by ongoing trade concerns and foreign outflows. Market breadth was overwhelmingly bearish as losers more than tripled winners, while 357 counters flatlined. Decliners include O&G-related stocks like Dialog (-7.0 sen), Hibiscus (-2.5 sen) and Sapura Energy (-2.5 sen) ahead of the OPEC meeting.

Top 3 Active stocks:
MYEG (0138): RM1.00 (unch)
TM (4863): RM3.63 (-49.0 sen)

SAPNRG (5218): RM0.62 (-2.5 sen)

Volume: 2.12 bln (100-day avg vol: 2.65 bln)
Value: RM2.68 bln
Market Breadth: ⬆:199 ⬇:748
Crude palm oil: RM2,242 (-RM20)

Dow Futures: 24,607 pts (-63 pts)

Source: Bloomberg, M+ Online


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