KLSE Traders Update and Ideas

Evening Market Summary - 27 Mar 2020

mplus313
Publish date: Fri, 27 Mar 2020, 05:18 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,343.09 pts (+15.00pts, +1.13%)

The FBM KLCI (+1.1%) recorded its' fourth straight winning streak as investors digested the RM250.0 bln stimulus package announced by the Malaysian government to cushion the economic impact of Covid-19. Market breadth was positive as winners overtook the losers on a ratio of 711-to-232 stocks. The technology sector (+3.8%) outperformed on the broader market, buoyed by Pentamaster (+52.0 sen), Vitrox (+40.0 sen) and KESM Industries (+28.0 sen).

Top 3 Active stocks:
SAPNRG (5218): RM0.075 (unch)
AIRASIA (5099): RM0.75 (+2.0 sen)

LAMBO (0018): RM0.01 (unch)

Volume: 4.23 bln (100-day avg vol: 2.99 bln)
Value: RM2.74 bln
Market Breadth: ⬆:711 ⬇:232
Crude palm oil: RM2,383 (+RM26)

Dow Futures: 21,971 pts (-377 pts)

Source: Bloomberg, M+ Online


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