KLSE Traders Update and Ideas

Evening Market Summary - 28 Aug 2018

mplus313
Publish date: Tue, 28 Aug 2018, 05:38 PM
mplus313
0 3,760
This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,826.90 pts (+15.30pts, +0.84%)

The local blue-chip gauge closed higher for the second-straight day, owing to positive sentiment spilled over from Wall Street yesterday and buying-interest in selected banking giants. Market breadth, however, was still tepid with 534 losers vs 408 winners, while technology stocks like Vitrox (+23.0 sen), Pentamaster (+19.0 sen) and Globetronics (+15.0 sen) continue to climbed higher.

Top 3 Active stocks:
SAPNRG (5218): RM0.35 (-2.5 sen)
XOX (0165): RM0.08 (+0.5 sen)

UCREST (0005): RM0.34 (+2.5 sen)

Volume: 2.57 bln (100-day avg vol: 2.54 bln)
Value: RM2.29 bln
Market Breadth: ⬆:408 ⬇:534
Crude palm oil: RM2,236 (+RM37)

Dow Futures: 26,087 pts (+10 pts)

Source: Bloomberg, M+ Online


Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment