KLSE Traders Update and Ideas

Evening Market Summary - 24 May 2019

mplus313
Publish date: Fri, 24 May 2019, 05:49 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,598.32 pts (-3.55pts, -0.22%)

The FBM KLCI (-0.2%) fell for the third consecutive day, after falling in the eleventh hour, dragged down by losses in Sime Darby Plantation and Tenaga Nasional. Market breadth was negative as decliners beat the advancers on a ratio of 449-to-342 stocks. Lotte Chemical Titan (+13.0 sen), Inari (+7.0 sen) and MBM Resources (+6.0 sen), meanwhile, bucked the general downtrend and closed higher today.

Top 3 Active stocks:
VC (0060): RM0.25 (-2.0 sen)
IMPIANA (7243): RM0.035 (-0.5 sen)

LAMBO (0018): RM0.06 (+0.5 sen)

Volume: 1.89 bln (100-day avg vol: 2.72 bln)
Value: RM1.55 bln
Market Breadth: ⬆:342 ⬇:449
Crude palm oil: RM2,010 (-RM6)

Dow Futures: 25,611 pts (+148 pts)

Source: Bloomberg, M+ Online


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