KLSE Traders Update and Ideas

Evening Market Summary - 7 May 2019

mplus313
Publish date: Tue, 07 May 2019, 05:24 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,639.37 pts (+6.57pts, +0.40%)

The key-index recovered Monday's losses and closed higher, supported by strong gains in Axiata and Digi amid a potential merger. Market breadth was positive as 555 winners regained momentum against the 309 losers, while 373 stocks closed unchanged. Notable gainers, meanwhile, include V.S. Industry (+6.0 sen), Lotte Chemical Titan (+5.0 sen) and DWL Resources (+2.5 sen).

Top 3 Active stocks:
ARMADA (5210): RM0.215 (+0.5 sen)
EKOVEST (8877): RM0.91 (unch)

LAMBO (0018): RM0.09 (unch)

Volume: 3.02 bln (100-day avg vol: 2.67 bln)
Value: RM2.25 bln
Market Breadth: ⬆:555 ⬇:309
Crude palm oil: RM2,035 (+RM51)

Dow Futures: 26,277 pts (-128 pts)

Source: Bloomberg, M+ Online


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