KLSE Traders Update and Ideas

Evening Market Summary - 16 Jul 2020

mplus313
Publish date: Thu, 16 Jul 2020, 05:08 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,573.31 pts (-12.25pts, -0.77%)

The FBM KLCI (-0.8%) trended lower for the third straight session after erasing all its intraday gains before encountering trading disruption at 3.30PM today. Market breadth was negative as losers hammered the gainers on the ratio of 782-to-249 stocks. All 13 major sectors finished lower with the healthcare sector (-2.2%) taking the heaviest beating on weakness from Top Glove (-RM2.10), Hartalega (-44.0 sen) and Kossan (-44.0 sen)

Top 3 Active stocks:
PHB (4464): RM0.025 (+0.5 sen)
NETX (0020): RM0.10 (unch)
XOX (0165): RM0.105 (+0.5 sen)

Volume: 9.28 bln (100-day avg vol: 6.05 bln)
Value: RM4.14 bln
Market Breadth: ⬆:251 ⬇:780
Crude palm oil: RM2,541 (+RM12)
Dow Futures: 26,553 pts (-212 pts)

Local market data based on latest data feed before market disruption

Source: Bloomberg, M+ Online


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