KLSE Traders Update and Ideas

Evening Market Summary - 4 Dec 2019

mplus313
Publish date: Wed, 04 Dec 2019, 05:48 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,560.93 pts (-1.34pts, -0.09%)

Despite recovering most of its’ intraday losses, the FBM KLCI remained in the red, weighed down by selected telco heavyweights.  Market breadth stayed negative as losers overcame winners on a ratio of 492-to-339 stocks. ACE-market stocks like Micro-link Solutions (+4.5 sen), MTAG Group (+2.5 sen) and Spring Art Holdings (+2.0 sen) outperformed.

Top 3 Active stocks:
IMPIANA (7243): RM0.025 (unch)
MUDAJYA (5085): RM0.395 (+5.0 sen)

ARMADA (5210): RM0.48 (-1.5 sen)

Volume: 2.14 bln (100-day avg vol: 2.42 bln)
Value: RM1.70 bln
Market Breadth: ⬆: 339 ⬇:492
Crude palm oil: RM2,762 (+RM15)

Dow Futures: 27,626 pts (+139 pts)

Source: Bloomberg, M+ Online


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