KLSE Traders Update and Ideas

Evening Market Summary - 7 Dec 2018

mplus313
Publish date: Fri, 07 Dec 2018, 05:29 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,680.54 pts (-2.80pts, -0.17%)

The FBM KLCI remained under pressure last Friday after the key index lingered mostly in the negative territory, bogged down by weakness in selected index heavyweights.  Market breadth remained negative with 427 decliners against 292 advancers. Meanwhile, consumer products counters like Fraser & Neave (+72.0 sen), Carlsberg (+36.0 sen) and Kawan Food (+10.0 sen) outperformed.

Top 3 Active stocks:
ARMADA (5210): RM0.165 (+0.5 sen)
MYEG (0138): RM1.14 (-1.0 sen)

YONGTAI (7066): RM0.375 (+0.5 sen)

Volume: 1.91 bln (100-day avg vol: 2.29 bln)
Value: RM1.51 bln
Market Breadth: ⬆:292 ⬇:427
Crude palm oil: RM1,989 (-RM16)

Dow Futures: 24,792 pts (-115 pts)

Source: Bloomberg, M+ Online


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