KLSE Traders Update and Ideas

Evening Market Summary - 6 Jul 2020

mplus313
Publish date: Mon, 06 Jul 2020, 05:12 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,576.90 pts (+24.25pts, +1.56%)

The FBM KLCI (+1.6%) remained upbeat alongside with gains across regional peers as the key index stretched its winning streak for sixth straight; buoyed by the extended record rally in glove heavyweights share prices, coupled with the positive momentum across selected oil & gas and banking heavyweights. Market breadth remained positive as gainers outweigh the losers on the ratio of 744-to-333 stocks. The healthcare sector (+5.6%) was again the biggest winner as glovemakers like Top Glove (+RM1.50), Kossan (+RM1.05) and Supermax (+95.0sen) closed at fresh record high levels respectively

Top 3 Active stocks:
TRIVE (0118): RM0.01 (unch)
PHB (4464): RM0.02 (+0.5 sen)
ANZO (9342): RM0.23 (+5.0 sen)

Volume: 8.73 bln (100-day avg vol: 5.53 bln)
Value: RM5.07 bln
Market Breadth: ⬆:744 ⬇:333
Crude palm oil: RM2,412 (+RM54)
Dow Futures: 26,107 pts (+348 pts)

Source: Bloomberg, M+ Online


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