KLSE Traders Update and Ideas

Evening Market Summary - 8 Jan 2019

mplus313
Publish date: Tue, 08 Jan 2019, 05:23 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,672.76 pts (-6.41pts, -0.38%)

The weakness in giant glove makers continues to weigh on the FBM KLCI, dragging the key-index lower on Tuesday. Meanwhile market breadth turned negative with 404 losers against 366 winners. Notable underperformers were Hartalega (-60.0 sen), Kossan Rubber (-37.0 sen) and Top Glove (-27.0 sen).

Top 3 Active stocks:
NADIBHD (0206): RM0.305 (+0.5 sen)
ARMADA (5210): RM0.15 (unch)

SAPNRG (5218): RM0.295 (+1.0 sen)

Volume: 2.31 bln (100-day avg vol: 2.11 bln)
Value: RM2.03 bln
Market Breadth: ⬆:366 ⬇:404
Crude palm oil: RM2,194 (+RM34)

Dow Futures: 23,659 pts (+147 pts)

Source: Bloomberg, M+ Online


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