KLSE Traders Update and Ideas

Evening Market Summary - 21 Nov 2018

mplus313
Publish date: Wed, 21 Nov 2018, 05:41 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

 

FBM KLCI: 1,695.37 pts (-15.34pts, -0.90%)

The local blue-chip gauge slipped lower after lingering in the negative territory for the entire intraday session, dragged down by the global selldown in equities and profit-taking in selected banking stocks. Market breadth was negative with 497 decliners against 319 advancers, while 359 stocks flatlined. On the bright side, glove-makers like Supermax (+11.0 sen), Comfort Gloves (+7.5 sen) and Kossan Rubber (+7.0 sen) bucked the otherwise negative sentiment and closed higher.

Top 3 Active stocks:
SAPNRG (5218): RM0.375 (+1.5 sen)
MYEG (0138): RM1.12 (-3.0 sen)

HIBISCS (5199): RM1.06 (unch)

Volume: 2.05 bln (100-day avg vol: 2.28 bln)
Value: RM1.94 bln
Market Breadth: ⬆:319 ⬇:497
Crude palm oil: RM1,988 (+RM2)

Dow Futures: 24,575 pts (+138 pts)

Source: Bloomberg, M+ Online


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