KLSE Traders Update and Ideas

Evening Market Summary - 3 Jul 2018

mplus313
Publish date: Tue, 03 Jul 2018, 05:26 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,680.37 pts (-4.68pts, -0.28%)

Despite clawing back some of its earlier losses, the FBM KLCI extended its losing streak as investors await the latest wave of tariffs which is expected to hit the U.S. and China on 6th July. Market breadth was negative with 447 decliners against 351 advancers. Meanwhile, selected rubber gloves maker like Hartalega (-10.0 sen), Supermax (-7.0 sen) and Kossan Rubber (-1.0 sen) finished lower on Tuesday.

Top 3 Active stocks:
APFT (5194): RM0.02 (+1.0 sen)
SAPNRG (5218): RM0.615 (-0.5 sen)

NOVAMSC (0026): RM0.165 (+2.5 sen)

Volume: 2.13 bln (100-day avg vol: 2.53 bln)
Value: RM1.66 bln
Market Breadth: ⬆:351 ⬇:447
Crude palm oil: RM2,298 (-RM31)

Dow Futures: 24,352 pts (+66 pts)

Source: Bloomberg, M+ Online


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