KLSE Traders Update and Ideas

Evening Market Summary - 1 Jul 2019

mplus313
Publish date: Mon, 01 Jul 2019, 05:41 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,683.62 pts (+11.49pts, +0.69%)

The FBM KLCI climbed continuously throughout the day, ending with gains of 0.7% following the recent US-China trade truce and the agreement to resume negotiations. Meanwhile, market breadth was strongly positive as 679 winners more than tripled 214 losers, while 351 stocks traded unchanged. The energy index was among the best performers today with all stocks in the positive, with notable gains from Yinson Holdings (+21.0 sen), Hibiscus Petroleum (+6.0 sen) and KNM Group (+4.0 sen). 

Top 3 Active stocks:
KNM (7164): RM0.295 (+4.0 sen)
ARMADA (5210): RM0.225 (+1.0 sen)

EKOVEST (8877):RM0.885 (+3.5 sen)

Volume: 3.32 bln (100-day avg vol: 2.65 bln)
Value: RM2.18 bln
Market Breadth: ⬆:679⬇:214
Crude palm oil: RM1,967 (+RM16)

Dow Futures: 26,848 pts (+255 pts)

Source: Bloomberg, M+ Online


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