KLSE Traders Update and Ideas

Evening Market Summary - 16 Apr 2019

mplus313
Publish date: Tue, 16 Apr 2019, 06:02 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,629.46 pts (-1.87pts, -0.11%)

The FBM KLCI succumbed to selling-pressure in selected heavyweights in the second half of the session, closing in the red amid a weakening Ringgit. Market breadth was still negative with 475 decliners against 355 advancers, while 388 stocks flatlined. Notable losers, meanwhile, were construction-linked companies like IJM (-5.0 sen), George Kent (-4.0 sen) and Econpile (-1.5 sen).

Top 3 Active stocks:
SAPNRG (5218): RM0.33 (-0.5 sen)
PRESBHD (5204): RM0.48 (-5.0 sen)

KAREX (5247): RM0.585 (+6.5 sen)

Volume: 2.49 bln (100-day avg vol: 2.51 bln)
Value: RM1.79 bln
Market Breadth: ⬆:355 ⬇:475
Crude palm oil: RM2,173 (+RM12)

Dow Futures: 26,489 pts (+116 pts)

Source: Bloomberg, M+ Online


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