KLSE Traders Update and Ideas

Evening Market Summary - 2 Jun 2020

mplus313
Publish date: Tue, 02 Jun 2020, 05:17 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,507.69 pts (+17.55pts, +1.18%)

The FBM KLCI (+1.2%) marched higher for the fifth straight session in tandem with gains across regional markets amid the optimism over the re-opening of economy across the globe. Market breadth turned positive as gainers overpowered the losers on a ratio of 596-to-428 stocks. The energy sector (+5.2%) led by gains from Heng Yuan (+24.0 sen), Dayang (+9.0 sen) and Hibiscus (+9.0 sen) as crude oil prices trended higher.

Top 3 Active stocks:
K1 (0111): RM0.51 (+6.5 sen)
KNM (7164): RM0.265 (+1.5 sen)

HIBISCS (5199): RM0.685 (+9.0 sen)

Volume: 9.62 bln (100-day avg vol: 4.53 bln)
Value: RM6.21 bln
Market Breadth: ⬆:596 ⬇:428
Crude palm oil: RM2,313 (+RM28)

Dow Futures: 25,595 pts (+132 pts)

Source: Bloomberg, M+ Online


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