KLSE Traders Update and Ideas

Evening Market Summary - 29 Jan 2019

mplus313
Publish date: Tue, 29 Jan 2019, 06:08 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,690.41 pts (-7.09 pts, -0.42%)

The FBM KLCI extended its losses, falling 0.4%, taking cue from the renewed volatility on Wall Street overnight. Market breadth stayed negative with 487 decliners against 299 advancers, while 363 stocks flatlined. Gloves makers like Kossan Rubber (+4.0 sen), Top Glove (+3.0 sen) and Supermax (+3.0 sen) staged a mild rebound from their previous session selloff.

Top 3 Active stocks:
SAPNRG (5218): RM0.27 (-1.5 sen)
EDUSPEC (0107): RM0.02 (unch)

ARMADA (5210): RM0.21 (-0.5 sen)

Volume: 2.23 bln (100-day avg vol: 2.15 bln)
Value: RM2.03 bln
Market Breadth: ⬆:299 ⬇:487
Crude palm oil: RM2,295 (-RM32)

Dow Futures: 24,409 pts (-64 pts)

Source: Bloomberg, M+ Online


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