KLSE Traders Update and Ideas

Evening Market Summary - 22 Jun 2020

mplus313
Publish date: Mon, 22 Jun 2020, 05:22 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,511.24 pts (+3.98pts, +0.26%)

The FBM KLCI (+0.3%) marched higher boosted by the eleventh hour buying support in selected index heavyweights after trading in a choppy manner, while the Ringgit weakened against the Greenback. Market breadth turned negative as losers overpowered the gainers on a ratio of 549-to-434 stocks. The construction sector (-1.0%) lagged behind its' peers on weakness from IJM Corporation (-5.0 sen), OCR Group (-4.5 sen) and Gabungan AQRS (-3.0 sen)

Top 3 Active stocks:
MQTECH (0070): RM0.065 (+1.5 sen)
IRIS (0010): RM0.175 (+3.0 sen)

ANZO (9342): RM0.12 (+3.5 sen)

Volume: 6.33 bln (100-day avg vol: 5.19 bln)
Value: RM3.11 bln
Market Breadth: ⬆:434 ⬇:549
Crude palm oil: RM2,465 (-RM7)

Dow Futures: 25,805 pts (+276 pts)

Source: Bloomberg, M+ Online


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