KLSE Traders Update and Ideas

Evening Market Summary - 25 Oct 2019

mplus313
Publish date: Fri, 25 Oct 2019, 05:24 PM
mplus313
0 3,861
This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,570.00 pts (-1.11pts, -0.07%)

The FBM KLCI ended the week on a weaker note, dragged down by losses in selected telco heavyweights, despite stronger crude palm oil prices, while market breadth was negative with 429 decliners vs 322 advancers. On the laggards' list, tech counters like MPI (-30.0 sen), Globetronics (-9.0 sen) and Pentamaster (-9.0 sen) retreated after their recent rally.

Top 3 Active stocks:
VELESTO (5243): RM0.365 (+2.0 sen)
NETX (0020): RM0.02 (-0.5 sen)

VSOLAR (0066): RM0.055 (unch)

Volume: 2.06 bln (100-day avg vol: 2.32 bln)
Value: RM1.40 bln
Market Breadth: ⬆:322 ⬇:429
Crude palm oil: RM2,400 (+RM16)

Dow Futures: 26,782 pts (+2 pts)

Source: Bloomberg, M+ Online


Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.

More articles on KLSE Traders Update and Ideas
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment