KLSE Traders Update and Ideas

Evening Market Summary - 23 Apr 2019

mplus313
Publish date: Tue, 23 Apr 2019, 05:20 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,627.44 pts (+5.38pts, +0.33%)

The main bourse recovered slightly, backed by bargain-hunting activities in rubber gloves manufacturers like Hartalega and Top Glove, although market breadth, turned slightly negative with 443 losers vs 406 winners. Subsequently, notable gainers include high-profile glove makers like Hartalega (+34.0 sen), Top Glove (+21.0 sen) and Kossan Rubber (+16.0 sen).

Top 3 Active stocks:
EKOVEST (8877): RM0.87 (-10.0 sen)
IWCITY (1589): RM1.18 (-14.0 sen)

IRIS (0010): RM0.185 (+1.5 sen)

Volume: 3.73 bln (100-day avg vol: 2.59 bln)
Value: RM2.48 bln
Market Breadth: ⬆:406 ⬇:443
Crude palm oil: RM2,158 (-RM14)

Dow Futures: 26,508 pts (-5 pts)

Source: Bloomberg, M+ Online


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