KLSE Traders Update and Ideas

Evening Market Summary - 1 Jul 2020

mplus313
Publish date: Wed, 01 Jul 2020, 05:31 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,514.43 pts (+13.46pts, +0.90%)

Tracking the gains on Wall Street overnight, the FBM KLCI (+0.9%) marched higher for the third straight session anchored by from glovemakers heavyweights again as certain part of the world reported increase in Covid-19 infections. Market breadth stayed positive as gainers outnumbered the losers on a ratio of 660-to-313 stocks. The broader market was mostly upbeat with the healthcare sector (+4.1%) leading the pack on gains from Hartalega (+RM1.78), Top Glove (+RM1.04) and Supermax (+49.0 sen) amid the on-going optimism over the rising demand for healthcare-related products.

Top 3 Active stocks:
VSOLAR (0066): RM0.085 (+2.0 sen)
AT (0072): RM0.10 (-0.5 sen)

PHB (4464): RM0.001 (unch)

Volume: 7.33 bln (100-day avg vol: 5.40 bln)
Value: RM3.60 bln
Market Breadth: ⬆:660 ⬇:313
Crude palm oil: RM2,351 (+RM54)

Dow Futures: 25,633 pts (-56 pts)

Source: Bloomberg, M+ Online


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