KLSE Traders Update and Ideas

Evening Market Summary - 14 Oct 2019

mplus313
Publish date: Mon, 14 Oct 2019, 05:28 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,567.59 pts (+10.75pts, +0.69%)

The FBM KLCI ended strongly higher on Monday, boosted by global trade optimism and expectations of increased government support for corporates in Malaysia. Market breadth was positive as winners beat the losers on a ratio of 487-to-367 stocks, while 407 stocks flatlined. Notable gainers, meanwhile, include semicon-related players like Pentamaster (+17.0 sen), MI Technovation (+6.0 sen) and UWC (+6.0 sen), alongside major tech players on Wall Street last week. 

Top 3 Active stocks:
NETX (0020): RM0.025 (+0.5 sen)
ARMADA (5210): RM0.415 (+3.0 sen)

SAPNRG (5218): RM0.265 (-0.5 sen)

Volume: 2.99 bln (100-day avg vol: 2.26 bln)
Value: RM1.84 bln
Market Breadth: ⬆:487 ⬇:367
Crude palm oil: RM2,153 (-RM32)

Dow Futures: 26,763 pts (-12 pts)

Source: Bloomberg, M+ Online


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