KLSE Traders Update and Ideas

Evening Market Summary - 4 Sept 2019

mplus313
Publish date: Wed, 04 Sep 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: 1,599.89 pts (+8.37pts, +0.53%)

Tracking the positive sentiment in regional stocks following expectations of the withdrawal of Hong Kong's controversial extradition bill, the key-index also closed higher, buoyed by gains in Petronas-linked blue chips. Market breadth also recovered as 479 winners overturned 308 decliners. Notable gainers, meanwhile were tech stocks like Heitech Padu (+9.0 sen), Pentamaster (+9.0 sen) and MI Technovation (+6.0 sen).

Top 3 Active stocks:
ARMADA (5210): RM0.265 (+1.5 sen)
PWORTH (7123): RM0.06 (+1.0 sen)

NETX (0020): RM0.015 (+0.5 sen)

Volume: 2.49 bln (100-day avg vol: 2.50 bln)
Value: RM1.73 bln
Market Breadth: ⬆:479 ⬇:308
Crude palm oil: RM2,204 (+RM23)

Dow Futures: 26,358 pts (+236 pts)

Source: Bloomberg, M+ Online


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