KLSE Traders Update and Ideas

Evening Market Summary - 16 Aug 2019

mplus313
Publish date: Fri, 16 Aug 2019, 05:31 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,599.22 pts (-1.07pts, -0.07%)

The FBMKLCI extended its losses to the third consecutive session, despite clawing back earlier losses following firmer Malaysian GDP growth and recovery in the offshore markets. Market breadth, however, turned positive as 390 winners trounced the losers, while 420 stocks flatlined. Meanwhile, outperformers today include SCIB (+14.0 sen) and Serba Dinamik (+11.0 sen).

Top 3 Active stocks:
EDUSPEC (0107): RM0.06 (+0.5 sen)
KNM (7164): RM0.38 (+0.5 sen)

PCCS (6068): RM0.54 (+3.5 sen)

Volume: 1.79 bln (100-day avg vol: 2.56 bln)
Value: RM1.44 bln
Market Breadth: ⬆:390 ⬇:325
Crude palm oil: RM2,195 (-RM5)

Dow Futures: 25,829 pts (+254 pts)

Source: Bloomberg, M+ Online


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