KLSE Traders Update and Ideas

Evening Market Summary - 27 Jul 2018

mplus313
Publish date: Fri, 27 Jul 2018, 05:28 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,769.14 pts (+2.91pts, +0.16%)

The FBM KLCI closed with meagre gains despite lingering mostly in the red, weighed down by weaker crude oil prices and concerns of ongoing trade conflicts. Market breadth was still bearish with 382 losers vs 511 gainers, while 404 stocks flatlined. Property developers like MRCB (+5.5 sen), Ewein (+2.0 sen) and UEM Sunrise (+2.0 sen), meanwhile, were amongst the outperformers on Friday.

Top 3 Active stocks:
MRCB (1651): RM0.81 (+5.5 sen)
PHB (4464): RM0.03 (+0.5 sen)

PWORTH (7123): RM0.085 (+1.0 sen)

Volume: 2.34 bln (100-day avg vol: 2.54 bln)
Value: RM1.98 bln
Market Breadth: ⬆:382 ⬇:511
Crude palm oil: RM2,193 (-RM9)

Dow Futures: 25,534 pts (+9 pts)

Source: Bloomberg, M+ Online


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