KLSE Traders Update and Ideas

Evening Market Summary - 24 Aug 2018

mplus313
Publish date: Fri, 24 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: 1,808.59 pts (-2.28pts, -0.13%)

The FBM KLCI snapped four-straight sessions' of gains and closed in the red, hit by renewed trade concerns and mild profit-taking in Public Bank. Market breadth turned negative as losers more than doubled the winners, while notable decliners include property-related counters like SP Setia (-14.0 sen), Mah Sing (-3.0 sen) and Matrix Concepts (-2.0 sen). 

Top 3 Active stocks:
SAPNRG (5218): RM0.415 (-18.0 sen)
BORNOIL (7036): RM0.065 (+0.5 sen)

MYEG (0138): RM1.35 (-4.0 sen)

Volume: 2.59 bln (100-day avg vol: 2.52 bln)
Value: RM2.20 bln
Market Breadth: ⬆:267 ⬇:638
Crude palm oil: RM2,224 (+RM6)

Dow Futures: 25,715 pts (+44 pts)

Source: Bloomberg, M+ Online


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