KLSE Traders Update and Ideas

Evening Market Summary - 9 Apr 2019

mplus313
Publish date: Tue, 09 Apr 2019, 05:22 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,641.94 pts (-2.41pts, -0.15%)

The FBM KLCI shrugged off the mild rebound in the regional markets and ended in the negative territory, on the back of selling-pressure in selected heavyweights. Market breadth was also negative with 430 decliners against 390 winners, while 436 stocks flatlined. On a more positive note, steel-related counters like Ann Joo Resources (+8.0 sen), Lion Industries (+2.5 sen) and Southern Steel (+2.5 sen) outperformed its counterparts and closed higher today.

Top 3 Active stocks:
SAPNRG (5218): RM0.34 (-1.0 sen)
ARMADA (5210): RM0.20 (unch)

PWORTH (7123): RM0.075 (unch)

Volume: 3.47 bln (100-day avg vol: 2.45 bln)
Value: RM2.36 bln
Market Breadth: ⬆:390 ⬇:430
Crude palm oil: RM2,226 (+RM26)

Dow Futures: 26,319 pts (-15 pts)

Source: Bloomberg, M+ Online


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