KLSE Traders Update and Ideas

Evening Market Summary - 13 Dec 2019

mplus313
Publish date: Fri, 13 Dec 2019, 05:11 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,571.16 pts (+3.82pts, +0.324)

The FBM KLCI posted back-to-back gains, tracking the upbeat sentiment in the offshore markets amid trade de-escalation euphoria. Market breadth was also positive with 493 winners against 390 losers, while the positive sentiment in the construction industry following expectations of improved prospects pushed Ekovest (+9.5 sen), GDB (+5.0 sen) and Econpile (+3.0 sen) higher.

Top 3 Active stocks:
EKOVEST (8877): RM0.905 (+9.5 sen)
IWCITY (1589): RM1.02 (+11.5 sen)

AT (0072): RM0.045 (-0.5 sen)

Volume: 2.94 bln (100-day avg vol: 2.39 bln)
Value: RM2.51 bln
Market Breadth: ⬆:493 ⬇:390
Crude palm oil: RM2,889 (-RM2)

Dow Futures: 28,258 pts (+128 pts)

Source: Bloomberg, M+ Online


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