KLSE Traders Update and Ideas

Evening Market Summary - 8 Aug 2018

mplus313
Publish date: Wed, 08 Aug 2018, 05:37 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,804.73 pts (+13.64pts, +0.76%)

The FBM KLCI extended its winning streak for the second-straight day on gains in selected heavyweights, despite the bleak sentiments in the offshore stockmarkets.  Market breadth was still positive as advancers continued to hold the upper-hand against the decliners. Meanwhile, significant winners on Tuesday include rubber glove manufacturers like Top Glove (+18.0 sen), Hartalega (+17.0 sen) and Supermax (+1.0 sen). 

Top 3 Active stocks:
MRCB (1651): RM0.835 (+4.0 sen)
VIVOCOM (0069): RM0.03 (unch)

SAPNRG (5218): RM0.595 (+0.5 sen)

Volume: 2.77 bln (100-day avg vol: 2.52 bln)
Value: RM2.71 bln
Market Breadth: ⬆:590 ⬇:322
Crude palm oil: RM2,258 (+RM23)

Dow Futures: 25,610 pts (+10 pts)

Source: Bloomberg, M+ Online


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