KLSE Traders Update and Ideas

Evening Market Summary - 4 Jan 2019

mplus313
Publish date: Fri, 04 Jan 2019, 05:25 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,669.78 pts (-6.05pts, -0.36%)

The local blue-chip gauge was painted red, in-tandem with the extended selldown in Wall Street overnight and global growth worries. Market breadth, however, turned positive as advancers beat the decliners on a ratio of 492-to-349 stocks, while notable gainers were plantations-linked counters like Sime Darby Plantation (+9.0 sen), Kim Loong Resources (+6.0 sen) and FGV Holdings (+3.0 sen) on expectations of higher CPO prices.

Top 3 Active stocks:
SAPNRG (5218): RM0.29 (+1.0 sen)
PUC (0007): RM0.11 (unch)

HIBISCS (5199): RM0.895 (+6.0 sen)

Volume: 2.20 bln (100-day avg vol: 2.12 bln)
Value: RM1.29 bln
Market Breadth: ⬆:492 ⬇:349
Crude palm oil: RM2,172 (+RM21)

Dow Futures: 22,871 pts (+212 pts)

Source: Bloomberg, M+ Online


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