KLSE Traders Update and Ideas

Evening Market Summary - 5 Mar 2019

mplus313
Publish date: Tue, 05 Mar 2019, 05:38 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,685.62 pts (-8.37pts, -0.49%)

The Main Board maintained its downward momentum, weighed down by a stronger Greenback and renewed concerns of slower economic growth as investors continue to monitor global trade developments. Market breadth remains negative with 470 losers vs. 352 winners, while 407 stocks flatlined. On a more positive note, O&G-related stocks like Coastal (+18.0 sen), Uzma (+6.5 sen) and Wah Seong (+2.5 sen) rallied on Tuesday.

Top 3 Active stocks:
ARMADA (5210): RM0.17 (-0.5 sen)
DAYANG (5141): RM1.31 (-5.0 sen)

SAPRNG (5218): RM0.315 (-0.5 sen)

Volume: 2.58 bln (100-day avg vol: 2.24 bln)
Value: RM2.11 bln
Market Breadth: ⬆:352 ⬇:470
Crude palm oil: RM2,154 (+RM5)

Dow Futures: 25,866 pts (+52 pts)

Source: Bloomberg, M+ Online


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