KLSE Traders Update and Ideas

Evening Market Summary - 16 Apr 2020

mplus313
Publish date: Thu, 16 Apr 2020, 05:13 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,386.53 pts (-1.26pts, -0.09%)

The eleventh hour quick profit taking activities sent the FBM KLCI (-0.1%) marginally lower in line with the weakness across regional peers. Market breadth, however, remained positive as advancers outpaced the decliners on a ratio of 624-to-253 stocks. Nevertheless, consumer products stocks like Dutch Lady (+98.0 sen), Carlsberg (+70.0 sen) and BAT (+38.0 sen) topped the broader market winners list

Top 3 Active stocks:
LAMBO (0018): RM0.02 (unch)
XDL (5156): RM0.08 (+1.0 sen)

HIBISCS (5199): RM0.47 (-0.5 sen)

Volume: 4.83 bln (100-day avg vol: 3.29 bln)
Value: RM2.67 bln
Market Breadth: ⬆:624 ⬇:253
Crude palm oil: RM2,217 (-RM22)

Dow Futures: 23,507 pts (+116 pts)

Source: Bloomberg, M+ Online


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