KLSE Traders Update and Ideas

Evening Market Summary - 14 Dec 2018

mplus313
Publish date: Fri, 14 Dec 2018, 06:00 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,661.96 pts (-14.04pts, -0.84%)

The FBM KLCI reversed yesterday's gains and closed lower on Friday, following downbeat economic data from China, exacerbating fears of slower growth in the world's second largest economy. Market breadth was negative as well with 541 decliners against 242 advancers. Among the losers were Padini (-22.0 sen), Uchi Technologies (-21.0 sen) and SCGM (-17.0 sen). 

Top 3 Active stocks:
PWORTH (7123): RM0.055 (+0.5 sen)
ARMADA (5210): RM0.175 (-0.5 sen)

VC (0060): RM0.085 (-1.0 sen)

Volume: 1.50 bln (100-day avg vol: 2.25 bln)
Value: RM1.38 bln
Market Breadth: :arrow_up::242 :arrow_down::541
Crude palm oil: RM2,064 (+RM18)

Dow Futures: 24,318 pts (-270 pts)

Source: Bloomberg, M+ Online


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