KLSE Traders Update and Ideas

Evening Market Summary - 2 Mar 2020

mplus313
Publish date: Mon, 02 Mar 2020, 05:14 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,466.94 pts (-15.70pts, -1.06%)

The FBM KLCI (-1.1%) remain under pressure as the key index started off the week on a dour note following the change government ruling over the weekend. Market breadth was again negative as losers outpaced the winners on a ratio of 651-to-341 stocks. The technology sector (+2.0%), however, outperformed with the likes of UWC (+17.0 sen), MI Technovation (+12.0 sen) and Datasonic (+10.0 sen).

Top 3 Active stocks:
SAPNRG (5218): RM0.16 (-2.5 sen)
EDEN (7471): RM0.27 (+7.5 sen)
MYEG (0138): RM1.2 (+8.0 sen)

Volume: 4.34 bln (100-day avg vol: 2.72 bln)
Value: RM3.28 bln
Market Breadth: ⬆:341 ⬇:651
Crude palm oil: RM2,351 (+RM32)
Dow Futures: 25,864 pts (+500 pts)

Source: Bloomberg, M+ Online


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