KLSE Traders Update and Ideas

Evening Market Summary - 28 May 2020

mplus313
Publish date: Thu, 28 May 2020, 05:16 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,457.50 pts (+5.77pts, +0.40%)

Once again, the FBM KLCI (+0.4%) marched higher powered by gains in glove makers heavyweights again as demand remain well concentrated in healthcare products. Market breadth turned negative as losers outweigh the gainers on a ratio of 593-to-395 stocks. The healthcare sector (+3.5%) was yet again upbeat on gains from Supermax (+73.0 sen), Kotra (+42.0 sen) and Hartalega (+26.0 sen).

Top 3 Active stocks:
LAMBO (0018): RM0.02 (unch)
CAREPLS (0163): RM1.11 (+14.0 sen)

EDUSPEC (0107): RM0.03 (+0.5 sen)

Volume: 6.94 bln (100-day avg vol: 4.34 bln)
Value: RM5.45 bln
Market Breadth: ⬆:395 ⬇:593
Crude palm oil: RM2,271 (-RM10)

Dow Futures: 25,653 pts (+119 pts)

Source: Bloomberg, M+ Online


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