KLSE Traders Update and Ideas

Evening Market Summary - 21 Aug 2018

mplus313
Publish date: Tue, 21 Aug 2018, 05:18 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,798.11 pts (+10.53pts, +0.59%)

The local index rallied on follow through buying-support - led by hopes of easing trade conflicts ahead of U.S. and China's scheduled meeting and corporate earnings releases. Market breadth was negative still with 549 decliners against 378 advancers, while notable losers include ECRL-linked counters like HSS Engineers (-18.5 sen), George Kent (-8.0 sen) and Lafarge (-5.0 sen) following the cancellation of the ECRL project.

Top 3 Active stocks:
MYEG (0138): RM1.31 (+8.0 sen)
PWORTH (7123): RM0.07 (unch)

BORNOIL (7036): RM0.06 (+0.5 sen)

Volume: 2.52 bln (100-day avg vol: 2.52 bln)
Value: RM2.43 bln
Market Breadth: ⬆:378 ⬇:549
Crude palm oil: RM2,259 (+RM4)

Dow Futures: 25,803 pts (+45 pts)

Source: Bloomberg, M+ Online


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