KLSE Traders Update and Ideas

Evening Market Summary - 20 Dec 2019

mplus313
Publish date: Fri, 20 Dec 2019, 05:02 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,610.18 pts (+14.17pts, +0.89%)

The FBM KLCI shot up in the eleventh hour, following strong last minute buying support in Petronas-linked counters. Market breadth turned positive with 413 winners against 387 losers, while energy stocks like Dayang (+9.0 sen), Yinson (+9.0 sen) and Armada (+3.5 sen) closed higher as oil prices head for its third straight week of gains amid global trade optimism.

Top 3 Active stocks:
ARMADA (5210): RM0.49 (+3.5 sen)
INARI (0166): RM1.64 (+3.0 sen)

IFCAMSC (0023): RM0.495 (+3.5 sen)

Volume: 2.16 bln (100-day avg vol: 2.37 bln)
Value: RM2.38 bln
Market Breadth: ⬆:413 ⬇:387
Crude palm oil: RM2,902 (+RM28)

Dow Futures: 28,405 pts (+4 pts)

Source: Bloomberg, M+ Online


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