KLSE Traders Update and Ideas

Evening Market Summary - 10 Dec 2018

mplus313
Publish date: Mon, 10 Dec 2018, 05:22 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,663.31 pts (-17.23pts, -1.03%)

The local blue-chip gauge closed in the red again, together with its regional peers amid unabated trade uncertainties and fears of slowing global growth.  Market breadth was downward pressured, as losers more than tripled the gainers, while 332 stocks flatlined. Rubber gloves maker Top Glove (-35.0 sen) declined, following allegations of labour rights abuses. Meanwhile, other losers were Comfort Gloves (-3.5 sen) and Supermax (-3.0 sen).

Top 3 Active stocks:
PRESBHD (5204): RM0.305 (-15.0 sen)
SANICHI (0133): RM0.135 (-0.5 sen)

ARMADA (5210): RM0.155 (-1.0 sen)

Volume: 2.65 bln (100-day avg vol: 2.29 bln)
Value: RM1.37 bln
Market Breadth: ⬆:194 ⬇:612
Crude palm oil: RM2,043 (+RM45)

Dow Futures: 24,325 pts (-107 pts)

Source: Bloomberg, M+ Online


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