KLSE Traders Update and Ideas

Evening Market Summary - 11 Apr 2019

mplus313
Publish date: Thu, 11 Apr 2019, 05:51 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,624.23 pts (-15.23pts, -0.93%)

Tracking the weakness in major Asian stockmarkets, the local key index extended its losing streak and remained in the red amid an equally weak broader market. Market breadth was negative as losers outweighed the winners by more than two-fold. Notable decliners, meanwhile, include construction-linked counters like Gamuda (-5.0 sen), Econpile (-2.5 sen) and George Kent (-2.0 sen) amid mild profit-taking activities.

Top 3 Active stocks:
DAYA (0091): RM0.01 (unch)
SUMATEC (1201): RM0.01 (unch)

BIOOSMO (7243): RM0.075 (+0.5 sen)

Volume: 3.58 bln (100-day avg vol: 2.48 bln)
Value: RM2.27 bln
Market Breadth: ⬆:275 ⬇:620
Crude palm oil: RM2,155 (-RM15)

Dow Futures: 26,153 pts (-13 pts)

Source: Bloomberg, M+ Online


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