KLSE Traders Update and Ideas

Evening Market Summary - 13 May 2019

mplus313
Publish date: Mon, 13 May 2019, 05:33 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,601.09 pts (-9.18pts, -0.57%)

Tracking the general pessimism in the global stockmarkets amid concerns of mounting trade tensions, the FBM KLCI finished lower as telco heavyweights took a beating. Market breadth was bearish as decliners beat the advancers by more than five times, while notable losers include steel-related counters like Press Metal (-14.0 sen), Johore Tin (-9.0 sen) and Ann Joo Resources (-7.0 sen).

Top 3 Active stocks:
ARMADA (5210): RM0.19 (-1.0 sen)
LAMBO (0018): RM0.07 (-1.0 sen)

SAPNRG (5218): RM0.31 (-0.5 sen)

Volume: 2.48 bln (100-day avg vol: 2.68 bln)
Value: RM1.65 bln
Market Breadth: ⬆:140 ⬇:815
Crude palm oil: RM1,981 (-RM2)

Dow Futures: 25,676 pts (-288 pts)

Source: Bloomberg, M+ Online


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