KLSE Traders Update and Ideas

Evening Market Summary - 30 Aug 2019

mplus313
Publish date: Fri, 30 Aug 2019, 05:17 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,612.14 pts (+16.96pts, +1.06%)

The local bourse build-up on its previous session gains as the key index advanced on the positive trade developments between U.S. and China ahead of the extended weekend break. Meanwhile, market breadth turned positive as winners outdone the losers on a ratio of 517-to-322 stocks. With all 13 major sectors trended higher, notable gainers were consumer products giants like Fraser & Neave (+68.0 sen), Nestle (+50.0 sen) and Dutch Lady (+34.0 sen).

Top 3 Active stocks:
ARMADA (5210): RM0.255 (+3.5 sen)
KNM (7164): RM0.38 (-1.0 sen)

VSOLAR (0066): RM0.14 (+0.5 sen)

Volume: 2.22 bln (100-day avg vol: 2.51 bln)
Value: RM2.01 bln
Market Breadth: ⬆:517 ⬇:322
Crude palm oil: RM2,234 (+RM13)

Dow Futures: 26,506 pts (+128 pts)

Source: Bloomberg, M+ Online


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