KLSE Traders Update and Ideas

Evening Market Summary - 28 Jan 2020

mplus313
Publish date: Tue, 28 Jan 2020, 05:44 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,551.64 pts (-21.17pts, -1.35%)

The FBM KLCI took a dive alongside with the weakness across global equities, spooked by the mounting casualties from the coronavirus outbreak. Market breadth was overwhelming bearish with 850 losers against 179 winners, while 221 stocks flatlined. Healthcare-related stocks like Top Glove (+46.0 sen), Adventa (+28.5 sen) and Kossan (+26.0 sen) outperformed.

Top 3 Active stocks:
PWORTH (7123): RM0.02 (-1.0 sen)
CAREPLS (0163): RM0.395 (+16.0 sen)

SUPERMX (7106): RM1.86 (+25.0 sen)

Volume: 3.36 bln (100-day avg vol: 2.46 bln)
Value: RM2.89 bln
Market Breadth: ⬆:179 ⬇:850
Crude palm oil: RM2,602 (-RM259)

Dow Futures: 28,554 pts (+73 pts)

Source: Bloomberg, M+ Online


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