KLSE Traders Update and Ideas

Evening Market Summary - 14 Jul 2020

mplus313
Publish date: Tue, 14 Jul 2020, 05:37 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,598.75 pts (-7.68pts, -0.48%)

The FBM KLCI (-0.5%) retreated on the back of renewed volavility after unemployment rate data rose to 5.3% in May 2020 which saw the increase in number of unemployed person rose by 47,300. Market breadth stayed negative as losers outnumbered the gainers on the ratio of 770-to-304 stocks. All but the plantation sector (+0.02%) finished in the red amid the renewed volatility.

Top 3 Active stocks:
PDZ (6254): RM0.17 (-6.5 sen)
CAREPLS (0163): RM1.76 (+27.0 sen)
COMFORT (2127): RM3.84 (+41.0 sen)

Volume: 8.76 bln (100-day avg vol: 5.93 bln)
Value: RM8.22 bln
Market Breadth: ⬆:304 ⬇:770
Crude palm oil: RM2,493 (+RM64)
Dow Futures: 26,056 pts (+88 pts)

Source: Bloomberg, M+ Online


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