KLSE Traders Update and Ideas

Evening Market Summary - 22 Aug 2019

mplus313
Publish date: Thu, 22 Aug 2019, 05:36 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,602.47 pts (+7.88pts, +0.49%)

The FBM KLCI (+0.5%) climbed higher today, boosted by bargain-hunting activities and gains in Ambank as investors digested its 1QFY20 earnings. Market breadth remained negative with 401 winners vs. 382 decliners. Notable gainers, meanwhile include banking stocks like Ambank (+24.0 sen), RHB Bank (+9.0 sen) and Hong Leong Bank (+6.0 sen).

Top 3 Active stocks:
VSOLAR (0066): RM0.135 (-1.5 sen)
BJLAND (4219): RM0.24 (+1.5 sen)

JAKS (4723): RM0.815 (-0.5 sen)

Volume: 2.04 bln (100-day avg vol: 2.53 bln)
Value: RM1.75 bln
Market Breadth: ⬆:382 ⬇:401
Crude palm oil: RM2,257 (+RM49)

Dow Futures: 26,190 pts (-36 pts)

Source: Bloomberg, M+ Online


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