KLSE Traders Update and Ideas

Evening Market Summary - 2 Dec 2019

mplus313
Publish date: Mon, 02 Dec 2019, 05:05 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,570.55 pts (+8.81pts, +0.56%)

The FBM KLCI staged a mild recovery following last Friday's selloff on bargain hunting activities in selected index heavyweights on Monday.  Market breadth turned upbeat as winners edged losers on a ratio of 441-to-376 stocks. Notable gainers on the plantation sector (+1.3%) were KLK (+40.0 sen), Sime Darby Plantation (+14.0 sen) and IJM Plantations (+9.0 sen).

Top 3 Active stocks:
SLVEST (0215): RM0.87 (+10.0 sen)
PUC (0007): RM0.045 (-0.5 sen)

MCT (0133): RM0.375 (+8.0 sen)

Volume: 2.04 bln (100-day avg vol: 2.42 bln)
Value: RM1.41 bln
Market Breadth: ⬆: 441 ⬇:376
Crude palm oil: RM2,713 (-RM31)

Dow Futures: 28,155 pts (+82 pts)

Source: Bloomberg, M+ Online


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