KLSE Traders Update and Ideas

Evening Market Summary - 7 Mar 2019

mplus313
Publish date: Thu, 07 Mar 2019, 05:22 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,686.95 pts (+0.13pts, +0.01%)

The FBM KLCI barely closed in the green, weighed down by extended selling-pressure in selected banking heavyweights. Market breadth, however, turned slightly negative with 459 decliners vs. 428 gainers, while 389 stocks flatlined. On the winners' list, glove makers like Kossan Rubber (+5.0 sen), Hartalega (+3.0 sen) and Supermax (+2.0 sen) rallied.

Top 3 Active stocks:
PRESBHD (5204): RM0.54 (+10.0 sen)
MYEG (0138): RM1.23 (+4.0 sen)

HUAAN (2739): RM0.225 (+0.5 sen)

Volume: 3.06 bln (100-day avg vol: 2.26 bln)
Value: RM2.41 bln
Market Breadth: ⬆:428 ⬇:459
Crude palm oil: RM2,133 (-RM24)

Dow Futures: 25,619 pts (-82 pts)

Source: Bloomberg, M+ Online


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