KLSE Traders Update and Ideas

Evening Market Summary - 18 Oct 2019

mplus313
Publish date: Fri, 18 Oct 2019, 05:19 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,571.15 pts (-3.35pts, -0.21%)

Despite ending four weeks of consecutive losses, the FBM KLCI closed in the red on Friday, weighed down by weak Chinese GDP growth. Market breadth was negative as losers trounced the winners on a ratio of 432-to-401 stocks. Notable decliners, meanwhile, include O&G-related stocks like Dayang (+5.0 sen), Serba Dinamik (-3.0 sen) and Yinson (-2.0 sen).

Top 3 Active stocks:
KNM (7164): RM0.455 (+1.0 sen)
PUC (0007): RM0.055 (unch)

MTAG (0213): RM0.51 (+2.5 sen)

Volume: 2.96 bln (100-day avg vol: 2.29 bln)
Value: RM2.23 bln
Market Breadth: ⬆:401 ⬇:432
Crude palm oil: RM2,260 (+RM1)

Dow Futures: 26,972 pts (-21 pts)

Source: Bloomberg, M+ Online


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