KLSE Traders Update and Ideas

Evening Market Summary - 16 Dec 2019

mplus313
Publish date: Mon, 16 Dec 2019, 05:14 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,569.35 pts (-1.81pts, -0.12%)

The FBM KLCI closed in the negative territory as investors withdraw to the sidelines following the lack of clarity relating to the U.S. – China initial trade deal. Market breadth also turned negative with 453 loser vs 376 winners, while notable decliners include Ekovest (-2.0 sen), IJM (-2.0 sne) and MY.E.G (-1.0 sen) amid profit-taking activities.

Top 3 Active stocks:
EKOVEST (8877): RM0.885 (-2.0 sen)
IWCITY (1589): RM1.02 (unch)

TDM (2054): RM0.32 (+3.5 sen)

Volume: 2.29 bln (100-day avg vol: 2.39 bln)
Value: RM1.77 bln
Market Breadth: ⬆:376 ⬇:453
Crude palm oil: RM2,878 (+RM33)

Dow Futures: 28,221 pts (+56 pts)

Source: Bloomberg, M+ Online


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