KLSE Traders Update and Ideas

Evening Market Summary - 28 Feb 2019

mplus313
Publish date: Thu, 28 Feb 2019, 05:34 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,707.73 pts (-5.72pts, -0.33%)

The FBM KLCI extended its losing streak, on the back of the bearish sentiment in global equities and weak economic data from China. Market breadth also remains down beaten as decliners more than doubled the winners. Notable losers, meanwhile, include construction-related stocks like AZRB (-5.0 sen), Econpile (-4.0 sen) and Sunway Construction (-3.0 sen).

Top 3 Active stocks:
SAPRNG (5218): RM0.31 (unch)
AIRASIA (5099): RM2.77 (-27.0 sen)

IFCAMSC (0023): RM0.325 (+7.0 sen)

Volume: 2.57 bln (100-day avg vol: 2.23 bln)
Value: RM2.97 bln
Market Breadth: ⬆:241 ⬇:702
Crude palm oil: RM2,130 (-RM2)

Dow Futures: 25,942 pts (-66 pts)

Source: Bloomberg, M+ Online


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