KLSE Traders Update and Ideas

Evening Market Summary - 24 Sept 2018

mplus313
Publish date: Mon, 24 Sep 2018, 05:27 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,800.17 pts (-10.47pts, -0.58%)

The FBM KLCI halted a three-day winning streak on Monday as sentiment was dented by the cancellation of China-U.S. bilateral trade negotiation. Market breadth was negative as 530 losers edged 304 winners, while 347 stocks traded unchanged. Notable advancers were oil & gas related players like Petron Malaysia (+7.0 sen), Deleum (+6.5 sen) and Hibiscus Petroleum (+6.0 sen). 

Top 3 Active stocks:
HIBISCS (5199): RM1.13 (+6.0 sen)
SAPNRG (5218): RM0.43 (-0.5 sen)

PWORTH (7123): RM0.045 (unch)

Volume: 1.64 bln (100-day avg vol: 2.46 bln)
Value: RM1.50 bln
Market Breadth: ⬆:304 ⬇:530
Crude palm oil: RM2,163 (+RM20)

Dow Futures: 26,721 pts (-33 pts)

Source: Bloomberg, M+ Online


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