KLSE Traders Update and Ideas

Evening Market Summary - 12 May 2020

mplus313
Publish date: Tue, 12 May 2020, 05:12 PM
mplus313
0 3,759
This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,379.93 pts (-2.38pts, -0.17%)

The FBM KLCI (-0.2%) resume trading on a weak note following the additional four-week long CMCO extension in Malaysia to 9th June 2020, coupled with new clusters of Covid-19 infections across several South East Asia countries. Market breadth was largely indifferent as losers edged gainers on a ratio of 456-to-437 stocks. Albeit that, the healthcare sector (+5.2%) rallied, supported by glove manufacturers like Top Glove (+68.0 sen), Kossan Rubber Industries (+45.0 sen) and Supermax (+45.0 sen).

Top 3 Active stocks:
CAREPLS (0163): RM0.89 (+30.0 sen)
LKL (0182): RM0.56 (+18.0 sen)

HLT (0188): RM0.38 (+8.0 sen)

Volume: 6.39 bln (100-day avg vol: 3.75 bln)
Value: RM3.73 bln
Market Breadth: ⬆:437 ⬇:456
Crude palm oil: RM1,985 (-RM35)

Dow Futures: 24,055 pts (-69 pts)

Source: Bloomberg, M+ Online


Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment