KLSE Traders Update and Ideas

Evening Market Summary - 13 Sept 2019

mplus313
Publish date: Fri, 13 Sep 2019, 05:30 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,601.25 pts (+0.25pts, +0.02%)

The FBM KLCI finished mostly unchanged despite rebounding in the late-session, capped by lack of positive trading catalysts and the weakness in crude oil prices. Market breadth, however was positive as advancers beat the decliners on a ratio of 450-to-324 stocks. Meanwhile, notable gainers include consumer products-related counters like Padini (+8.0 sen), Guan Chong (+7.0 sen) and MSM Malaysia (+6.0 sen).

Top 3 Active stocks:
ARMADA (5210): RM0.305 (+3.0 sen)
ISTONE (0209): RM0.20 (+2.5 sen)

SAPNRG (5218): RM0.28 (+1.0 sen)

Volume: 2.10 bln (100-day avg vol: 2.42 bln)
Value: RM1.50 bln
Market Breadth: ⬆:450 ⬇:324
Crude palm oil: RM2,196 (+RM7)

Dow Futures: 27,250 pts (+66 pts)

Source: Bloomberg, M+ Online


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