KLSE Traders Update and Ideas

Evening Market Summary - 3 Feb 2020

mplus313
Publish date: Mon, 03 Feb 2020, 05:10 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,521.95 pts (-9.11pts, -0.60%)

The FBM KLCI extended its losses, weighed down by the weaker Ringgit and energy prices amid concerns of slower demand. Market breadth was negative as losers more than doubled the winners, while 327 stocks closed unchanged. Notable decliners include consumer products and services-related shares like Dutch Lady (-98.0 sen), Panasonic Manufacturing (-54.0 sen) and Fraser & Neave (-42.0 sen). 

Top 3 Active stocks:
ARMADA (5210): RM0.39 (+3.5 sen)
SAPNRG (5218): RM0.245 (unch)
VIVOCOM (0069): RM0.02 (unch)

Volume: 3.98 bln (100-day avg vol: 2.51 bln)
Value: RM2.85 bln
Market Breadth: ⬆:281 ⬇:738
Crude palm oil: RM2,625 (+RM21)
Dow Futures: 28,348 pts (+152 pts)

Source: Bloomberg, M+ Online


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