KLSE Traders Update and Ideas

Evening Market Summary - 27 Nov 2018

mplus313
Publish date: Tue, 27 Nov 2018, 05:33 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,684.97 pts (-17.02pts, -1.00%)

The FBM KLCI failed to hold on to its previous gains and traded lower from the opening bell, dragged down by fears of slower growth and extended weakness in crude oil prices.  Market breadth was also depressed as decliners more than tripled the advancers, while notable losers include semicon players like Inari (-11.0 sen), Pentamaster (-8.0 sen) and Elsoft (-8.0 sen).

Top 3 Active stocks:
GENM (4715): RM3.00 (-60.0 sen)
SAPNRG (5218): RM0.34 (-1.5 sen)

MYEG (0138): RM1.08 (-3.0 sen)

Volume: 2.18 bln (100-day avg vol: 2.27 bln)
Value: RM2.61 bln
Market Breadth: ⬆:199 ⬇:686
Crude palm oil: RM1,960 (-RM12)

Dow Futures: 24,609 pts (+10 pts)

Source: Bloomberg, M+ Online


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