KLSE Traders Update and Ideas

Evening Market Summary - 7 Apr 2020

mplus313
Publish date: Tue, 07 Apr 2020, 05:09 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,369.92 pts (+28.23pts, +2.10%)

Tracking the positive developments on Wall Street overnight, FBM KLCI (+2.1%) was powered sharply higher for the second straight session as buying momentum gained gear. Market breadth stayed positive as advancers overwhelmed the decliners on a ratio of 900-to-134 stocks. The technology sector (+5.1%) emerged as the best performer amongst its' peers, supported by KESM Industries (+45.0 sen), Pentamaster (+30.0 sen) and UWC (+28.0 sen).

Top 3 Active stocks:
LAMBO (0018): RM0.015 (+0.5 sen)
SAPNRG (5218): RM0.11 (+0.5 sen)

HIBISCS (5199): RM0.535 (+2.5 sen)

Volume: 6.61 bln (100-day avg vol: 3.16 bln)
Value: RM3.37 bln
Market Breadth: ⬆:900 ⬇:134
Crude palm oil: RM2,314 (+RM64)

Dow Futures: 23,114 pts (+626 pts)

Source: Bloomberg, M+ Online


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