KLSE Traders Update and Ideas

Evening Market Summary - 11 Feb 2020

mplus313
Publish date: Tue, 11 Feb 2020, 05:07 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,551.48 pts (+8.68pts, +0.56%)

The Main bourse closed 0.6% higher on Tuesday, boosted by bargain-hunting activities in selected heavyweights and hopes of a potential coronavirus cure. Market breadth was positive as 462 winners overturned 372 losers, while 367 stocks flatlined. Rubber gloves-related companies like Hartalega (+7.0 sen), Kossan Rubber (+3.0 sen) and Comfort Gloves (+1.5 sen), meanwhile, remained on its upward trajectory on expectations of improved profitability.

Top 3 Active stocks:
MYEG (0138): RM1.33 (+17.0 sen)
SMETRIC (0203): RM0.185 (-2.0 sen)

DGB (0152): RM0.08 (-0.5 sen)

Volume: 2.77 bln (100-day avg vol: 2.55 bln)
Value: RM2.26 bln
Market Breadth: ⬆:462 ⬇:372
Crude palm oil: RM2,704 (-RM50)

Dow Futures: 29,293 pts (+48 pts)

Source: Bloomberg, M+ Online


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