KLSE Traders Update and Ideas

Evening Market Summary - 6 Aug 2019

mplus313
Publish date: Tue, 06 Aug 2019, 05:50 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,611.79 pts (+1.38pts, +0.09%)

The FBM KLCI (+0.1%) outperformed its regional peers, boosted by bargain hunting activities in selected index heavyweights in the second half of the trading session. Market breadth was negative as losers beat winners on a ratio of 502-436 stocks. Glove manufacturers like Hartalega (+19.0 sen), Kossan (+10.0 sen) and Top Glove (+7.0 sen) advanced as the Ringgit continue its free fall against the Greenback.

Top 3 Active stocks:
KNM (7164): RM0.385 (+2.5 sen)
SAPNRG (5218): RM0.285 (-0.5 sen)

NETX (0020): RM0.015 (unch)

Volume: 3.13 bln (100-day avg vol: 2.66 bln)
Value: RM2.62 bln
Market Breadth: ⬆:436 ⬇:502
Crude palm oil: RM2,101 (+RM8)

Dow Futures: 25,745 pts (+195 pts)

Source: Bloomberg, M+ Online


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