KLSE Traders Update and Ideas

Evening Market Summary - 4 Jun 2020

mplus313
Publish date: Thu, 04 Jun 2020, 05:18 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,561.84 pts (+23.31pts, +1.52%)

The FBM KLCI (+1.5%) recorded another solid run on the back of the resumption of buying interest in glovemakers stocks, coupled with the anticipation of the Short-Term Economy Recovery Plan to be announce tomorrow. Market breadth stayed positive as gainers outnumbered the losers on a ratio of 634-to-389 stocks. The healthcare services sector (+5.9%) returned to the top spot led by gains from Supermax (+RM1.06), Top Glove (+74.0 sen) and Hartalega (+56.0 sen).

Top 3 Active stocks:
AT (0072): RM0.105 (+2.5 sen)
SAPNRG (5218): RM0.105 (+0.5 sen)

XDL (5156): RM0.065 (+1.0 sen)

Volume: 8.19 bln (100-day avg vol: 4.64 bln)
Value: RM6.12 bln
Market Breadth: ⬆:634 ⬇:389
Crude palm oil: RM2,370 (-RM29)

Dow Futures: 26,157 pts (-71 pts)

Source: Bloomberg, M+ Online


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