KLSE Traders Update and Ideas

Evening Market Summary - 11 Mar 2019

mplus313
Publish date: Mon, 11 Mar 2019, 05:25 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,664.63 pts (-15.27pts, -0.91%)

The FBM KLCI took a beating with majority of the key-index constituents in the red. Market breadth was also bearish as decliners more than doubled the winners. Similarly, glove makers like Hartalega (-24.0 sen), Top Glove (-14.0 sen) and Kossan Rubber (-12.0 sen) finished lower on expectations of weaker revenue outlook due to a stronger Ringgit.

Top 3 Active stocks:
DAYANG (5141): RM1.52 (-6.0 sen)
IWCITY (1589): RM0.74 (+3.5 sen)

SAPNRG (5218): RM0.315 (+0.5 sen)

Volume: 2.54 bln (100-day avg vol: 2.26 bln)
Value: RM2.32 bln
Market Breadth: ⬆:266 ⬇:638
Crude palm oil: RM2,120 (-RM5)

Dow Futures: 25,344 pts (-184 pts)

Source: Bloomberg, M+ Online


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