KLSE Traders Update and Ideas

Evening Market Summary - 5 Dec 2019

mplus313
Publish date: Thu, 05 Dec 2019, 05:21 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,563.58 pts (+2.65pts, +0.17%)

The FBM KLCI advanced alongside with gains across its' regional peers, spurred by mild bargain hunting activities in selected index heavyweights amid the positive developments over U.S.-China trade progress.  Market breadth turned positive as gainers override losers on a ratio of 529-to-305 stocks. Plantation stocks like United Plantations (+46.0 sen), Genting Plantations (+30.0 sen) and KLK (+20.0 sen) advanced as CPO prices advanced towards the RM2,800 per tonne level.

Top 3 Active stocks:
SAPNRG (5218): RM0.265 (-0.5 sen)
KHEESAN (6203): RM0.48 (+12.5 sen)

TDM (2054): RM0.245 (+2.0 sen)

Volume: 2.39 bln (100-day avg vol: 2.43 bln)
Value: RM1.70 bln
Market Breadth: ⬆: 529 ⬇:305
Crude palm oil: RM2,800 (+RM27)

Dow Futures: 27,695 pts (+52 pts)

Source: Bloomberg, M+ Online


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