KLSE Traders Update and Ideas

Evening Market Summary - 23 Aug 2019

mplus313
Publish date: Fri, 23 Aug 2019, 05:21 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,609.33 pts (+6.86pts, +0.43%)

The FBM KLCI clawed back all its previous losses and close higher on Friday, boosted by extended buying-interest in selected heavyweights. Market breadth, however was negative as losers beat the winners on a ratio of 400-to-381 stocks, while notable decliners include construction counters like IJM (+9.0 sen), Ekovest (+4.0 sen) and Econpile (+1.0 sen).

Top 3 Active stocks:
EKOVEST (8877): RM0.845 (+4.0 sen)
IWCITY (1589): RM0.95 (+8.0 sen)

VSOLAR (0066): RM0.135 (unch)

Volume: 2.01 bln (100-day avg vol: 2.53 bln)
Value: RM1.74 bln
Market Breadth: ⬆:381 ⬇:400
Crude palm oil: RM2,255 (-RM1)

Dow Futures: 26,321 pts (+96 pts)

Source: Bloomberg, M+ Online


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