KLSE Traders Update and Ideas

Evening Market Summary - 24 Mar 2020

mplus313
Publish date: Tue, 24 Mar 2020, 05:26 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,291.14 pts (+31.26pts, +2.48%)

The FBM KLCI (+2.5%) managed to recover most of it's previous session losses in tandem with gains across regional peers on optimism over Wall Street's stimulus measures. Market breadth turned upbeat as winners thumped the losers on a ratio of 756-to-155 stocks. The technology sector (+7.8%) was the biggest gainer on the broader market, led by gains in KESM Industries (+47.0 sen), Pentamaster (+35.0 sen) and MPI (+31.0 sen).

Top 3 Active stocks:
VC (0060): RM0.025 (unch)
ARMADA (5210): RM0.125 (+1.0 sen)

SAPNRG (5218): RM0.075 (+0.5 sen)

Volume: 3.17 bln (100-day avg vol: 2.95 bln)
Value: RM2.18 bln
Market Breadth: ⬆:756 ⬇:155
Crude palm oil: RM2,359 (+RM70)

Dow Futures: 19,297 pts (+800 pts)

Source: Bloomberg, M+ Online


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