KLSE Traders Update and Ideas

Evening Market Summary - 8 Mar 2019

mplus313
Publish date: Fri, 08 Mar 2019, 05:37 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,679.90 pts (-7.05pts, -0.42%)

Taking cue from the weak sentiment in the global equities following renewed concerns of a global slowdown, the FBM KLCI closed lower on Friday after lingering mostly in the red. Market breadth was lacklustre with 524 losers against 328 winners, while construction-linked stocks like George Kent (+9.0 sen), IJM (+7.0 sen) and Mitrajaya (+4.0 sen) bucked the general downtrend on hopes of higher infrastructure jobs.

Top 3 Active stocks:
DAYANG (5141): RM1.58 (+18.0 sen)
MYEG (0138): RM1.19 (-4.0 sen)

SAPNRG (5218): RM0.31 (-0.5 sen)

Volume: 2.61 bln (100-day avg vol: 2.27 bln)
Value: RM2.22 bln
Market Breadth: ⬆:328 ⬇:524
Crude palm oil: RM2,128 (-RM7)

Dow Futures: 25,438 pts (-65 pts)

Source: Bloomberg, M+ Online


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