KLSE Traders Update and Ideas

Evening Market Summary - 28 Feb 2020

mplus313
Publish date: Fri, 28 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: 1,482.64 pts (-22.95pts, -1.52%)

There was no reprieve for the FBM KLCI (-1.5%) as the key index tumbled alongside with the rout across global equities. Market breadth remained negative as losers overpowered the winners on a ratio of 1055-to-126 stocks. Selected REITs stock - benefitting from the economic stimulus package like Pavillion REIT (+8.0 sen), IGB REIT (+2.0 sen) and YTL REIT (+1.0 sen) outperformed the negative broader market.

Top 3 Active stocks:
SAPNRG (5218): RM0.185 (-1.5 sen)
ASB (1481): RM0.19 (+0.5 sen)

XOX (0165): RM0.045 (-1.0 sen)

Volume: 5.09 bln (100-day avg vol: 2.70 bln)
Value: RM4.75 bln
Market Breadth: ⬆:126 ⬇:1055
Crude palm oil: RM2,318 (-RM141)

Dow Futures: 25,146 pts (-406 pts)

Source: Bloomberg, M+ Online


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