KLSE Traders Update and Ideas

Evening Market Summary - 21 Feb 2019

mplus313
Publish date: Thu, 21 Feb 2019, 05:45 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,730.68 pts (+4.50pts, +0.26%)

The FBM KLCI clawed back earlier losses and closed higher in the final hour, supported by extended buying-support in selected heavyweights. Market breadth was also positive as gainers continued to beat the losers on a ratio of 509-to-398 stocks. In contrast, underperformers on Thursday include MI Technovation (-8.0 sen), Globetronics (-7.0 sen) and Inari (-6.0 sen) on the back of profit-taking activities.

Top 3 Active stocks:
SAPRNG (5218): RM0.325 (unch)
ARMADA (5210): RM0.205 (-2.0 sen)

IWCITY (1589): RM0.59 (+10.5 sen)

Volume: 3.71 bln (100-day avg vol: 2.21 bln)
Value: RM3.00 bln
Market Breadth: ⬆:509 ⬇:398
Crude palm oil: RM2,262 (+RM17)

Dow Futures: 25,995 pts (+31 pts)

Source: Bloomberg, M+ Online


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