KLSE Traders Update and Ideas

Evening Market Summary - 25 Jan 2019

mplus313
Publish date: Mon, 28 Jan 2019, 08:30 AM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,701.03 pts (+7.44pts, +0.44%)

The FBM KLCI (+0.2%) extended its gains to close above the 1,700 psychological level as the key index advanced for the third straight week (+0.5% W.o.W). Market breadth stayed positive as winners overpowered losers on a ratio of 472-to-356 stocks. Notable gainers were technology stocks like Vitrox (+15.0 sen), MI Technovation (+14.0 sen) and Pentamaster (+11.0 sen) that powered the technology sector (+2.4%).

Top 3 Active stocks:
ARMADA (5210): RM0.23 (+0.5 sen)
SAPNRG (5218): RM0.28 (unch)

IRIS (0010): RM0.14 (-0.5 sen)

Volume: 2.48 bln (100-day avg vol: 2.16 bln)
Value: RM2.05 bln
Market Breadth: ⬆:472 ⬇:356
Crude palm oil: RM2,306 (+RM9)

Dow Futures: 24,613 pts (+155 pts)

Source: Bloomberg, M+ Online


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