KLSE Traders Update and Ideas

Evening Market Summary - 7 Feb 2020

mplus313
Publish date: Fri, 07 Feb 2020, 05:14 PM
mplus313
0 3,760
This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,554.49 pts (+1.72pts, +0.11%)

The FBM KLCI ended the week with incremental gains, supported by the extended rally in banking majors, despite the deteriorating sentiment in the offshore markets. Market breadth was also bearish with 457 losers against 377 winners, while notable decliners include metal-related stocks like Press Metal (-3.0 sen), Ann Joo Resources (-2.0 sen) and Lion Industries (-1.5 sen) over prolonged oversupply concerns.

Top 3 Active stocks:
AIRASIA (5099): RM1.31 (+8.0 sen)
BINACOM (0195): RM0.54 (+6.5 sen)

DGB (0152): RM0.095 (-0.5 sen)

Volume: 2.74 bln (100-day avg vol: 2.55 bln)
Value: RM2.17 bln
Market Breadth: ⬆:377 ⬇:457
Crude palm oil: RM2,817 (-RM33)

Dow Futures: 29,294 pts (-34 pts)

Source: Bloomberg, M+ Online


Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment