KLSE Traders Update and Ideas

Evening Market Summary - 4 Feb 2020

mplus313
Publish date: Tue, 04 Feb 2020, 05:08 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,541.17 pts (+19.22pts, +1.26%)

Tracking the rebound in the regional markets and Wall Street overnight, the FBM KLCI also closed slightly higher, helped by gains in Petronas-linked stocks and mild bargain-hunting. Market breadth turned positive as winners overtook the losers on a ratio of 552-to-351 stocks, while tech stocks like KESM Industries (+30.0 sen), Vitrox (+12.0 sen) and Inari (+5.0 sen) snapped their losing streak and finished on a positive note today.

Top 3 Active stocks:
AIRASIA (5099): RM1.15 (-13.0 sen)
DGB (0152): RM0.115 (+1.5 sen)
SAPNRG (5218): RM0.235 (-1.0 sen)

Volume: 3.05 bln (100-day avg vol: 2.52 bln)
Value: RM2.56 bln
Market Breadth: ⬆:552 ⬇:351
Crude palm oil: RM2,650 (+RM37)
Dow Futures: 28,635 pts (+274 pts)

Source: Bloomberg, M+ Online


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