KLSE Traders Update and Ideas

Evening Market Summary - 31 Jan 2020

mplus313
Publish date: Fri, 31 Jan 2020, 05:13 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,531.06 pts (-14.53pts, -0.94%)

The FBM KLCI continued its losing streak, with more than half of its constituents in the red amid the prevailing negative sentiment. Market breadth was significantly subdued as losers beat the winners by more than five-fold, while notable decliners include glove makers - Comfort Gloves (-5.5 sen), Top Glove (-4.0 sen) and Hartalega (-3.0 sen) after reversing earlier gains.

Top 3 Active stocks:
SAPNRG (5218): RM0.245 (-1.0 sen)
ARMADA (5210): RM0.355 (-3.5 sen)

AVI (8885): RM0.145 (-1.5 sen)

Volume: 3.79 bln (100-day avg vol: 2.49 bln)
Value: RM3.29 bln
Market Breadth: ⬆:159 ⬇:897
Crude palm oil: RM2,605 (-RM47)

Dow Futures: 28,710 pts (-81 pts)

Source: Bloomberg, M+ Online


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