KLSE Traders Update and Ideas

Evening Market Summary - 10 Aug 2018

mplus313
Publish date: Fri, 10 Aug 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: 1,805.75 pts (+0.80pts, +0.04%)

The FBM KLCI eked out gains and closed in the positive territory, boosted by gains in Malaysia Airports, following Turkish Airlines's potential acquisition of a stake in Istanbul Sabiha Gokcen International Airport - a subsidiary of Malaysia Airports.  Market breadth turned slightly weaker with 487 losers vs 402 winners. Meanwhile, glove-makers like Hartalega (+22.0 sen), Top Glove (+10.0 sen) and Kossan Rubber (+4.0 sen) ended the day on stronger footing.

Top 3 Active stocks:
BORNOIL (7036): RM0.06 (unch)
MRCB (1651): RM0.87 (+4.0 sen)

NOVAMSC (0026): RM0.18 (unch)

Volume: 2.19 bln (100-day avg vol: 2.52 bln)
Value: RM2.05 bln
Market Breadth: ⬆:402 ⬇:487
Crude palm oil: RM2,246 (-RM0)

Dow Futures: 25,395 pts (-98 pts)

Source: Bloomberg, M+ Online


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