KLSE Traders Update and Ideas

Evening Market Summary - 26 Dec 2018

mplus313
Publish date: Wed, 26 Dec 2018, 05:21 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,672.60 pts (-11.22pts, -0.67%)

The FBM KLCI gave up its previous gains and closed in the red on Wednesday, dragged down by struggling crude oil prices and the negative sentiment in the regional markets albeit losses were capped by buying-support in major banks. Market breadth turned sour as losers more than doubled the winners, while notable decliners include e-services provider like MY E.G. (+5.5 sen), Prestaring (+3.5 sen) and Datasonic (+2.5 sen).

Top 3 Active stocks:
SAPNRG (5218): RM0.29 (-2.5 sen)
MYEG (0138): RM0.93 (+5.5 sen)

PRESBHD (5204): RM0.405 (+3.5 sen)

Volume: 1.41 bln (100-day avg vol: 2.15 bln)
Value: RM.97 bln
Market Breadth: ⬆:208 ⬇:567
Crude palm oil: RM2,099 (-RM29)

Dow Futures: 21,728 pts (+28 pts)

Source: Bloomberg, M+ Online


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