KLSE Traders Update and Ideas

Evening Market Summary - 14 May 2019

mplus313
Publish date: Tue, 14 May 2019, 05:30 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,599.19 pts (-1.90pts, -0.12%)

The FBM KLCI extended its losing streak for the fifth consecutive session, despite paring most of its earlier losses amid a weaker Ringgit. Market breadth was still negative with 488 losers against 386 winners, while 386 stocks flatlined. In contrast, glove makers like Hartalega (+16.0 sen), Top Glove (+11.0 sen) and Kossan Rubber (+3.0 sen) closed higher on Tuesday.

Top 3 Active stocks:
ARMADA (5210): RM0.19 (unch)
EKOVEST (8877): RM0.855 (+1.5 sen)

IMPIANA (7243): RM0.04 (unch)

Volume: 2.82 bln (100-day avg vol: 2.70 bln)
Value: RM2.46 bln
Market Breadth: ⬆:386 ⬇:488
Crude palm oil: RM2,009 (+RM24)

Dow Futures: 25,371 pts (+90 pts)

Source: Bloomberg, M+ Online


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