KLSE Traders Update and Ideas

Evening Market Summary - 17 Jul 2019

mplus313
Publish date: Wed, 17 Jul 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: 1,657.53 pts (-11.41pts, -0.68%)

Tracking the negative sentiment in the offshore markets, the FBM KLCI continued to slide following renewed threats of more tariffs on Chinese imports by U.S. President Donald Trump. Market breadth was also sour as losers more than doubled the winners, while notable decliners include export-reliant counters like Top Glove (-4.0 sen), Inari (-4.0 sen) and Globetronics (-2.0 sen).

Top 3 Active stocks:
ISTONE (0209): RM0.245 (+8.5 sen)
SAPNRG (5218): RM0.305 (-0.5 sen)

NETX (0020): RM0.015 (unch)

Volume: 3.83 bln (100-day avg vol: 2.68 bln)
Value: RM1.97 bln
Market Breadth: ⬆:226⬇:618
Crude palm oil: RM1,978 (-RM3)

Dow Futures: 27,358 pts (+30 pts)

Source: Bloomberg, M+ Online


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