KLSE Traders Update and Ideas

Evening Market Summary - 5 Jun 2020

mplus313
Publish date: Fri, 05 Jun 2020, 05:28 PM
mplus313
0 3,759
This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,556.33 pts (-5.51pts, -0.35%)

The FBM KLCI (-0.4%) halted a seven-day winning streak following the tabling of the Short-Term Economic Recovery Plan valued at RM35.0 bln as the key index underperformed the positive performance across the region. Market breadth turned negative losers outpaced the gainers on a ratio of 615-to-427 stocks. The healthcare services sector (+3.5%) remain on the lead on gains from Top Glove (+94.0 sen), Supermax (+68.0 sen) and Hartalega (+42.0 sen).

Top 3 Active stocks:
HIBISCS (5199): RM0.68 (+2.0 sen)
ACO (0218): RM0.345 (+8.0 sen)

SANICHI (0133): RM0.10 (-1.5 sen)

Volume: 8.67 bln (100-day avg vol: 4.70 bln)
Value: RM6.20 bln
Market Breadth: ⬆:427 ⬇:615
Crude palm oil: RM2,377 (+RM51)

Dow Futures: 26,569 pts (+316 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.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment