KLSE Traders Update and Ideas

Evening Market Summary - 30 Jul 2020

mplus313
Publish date: Thu, 30 Jul 2020, 06:12 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,603.75 pts (-7.67pts, -0.48%)

The FBM KLCI (-0.5%) managed to recoup most of its intraday losses on the back of the eleventh hour bargain hunting in selected index heavyweights as weakness was dragged down by the renewed political instability. Market breadth stayed negative as losers overpowered the losers by a ratio of 688-to-390 stocks. Amidst the mixed broader market, the technology sector (+0.5%) outperformed with the likes of MPI (+50.0 sen), Vitrox (+44.0 sen) and Inari (+12.0 sen).

Top 3 Active stocks:
LAMBO (0018): RM0.05 (+1.0 sen)
PWORTH (7123): RM0.015 (+0.5 sen)
XOX (0165): RM0.26 (+0.5 sen)

Volume: 11.92 bln (100-day avg vol: 6.78 bln)
Value: RM6.16 bln
Market Breadth: ⬆:390 ⬇:688
Crude palm oil: RM2,692 (+RM47)
Dow Futures: 26,216 pts (-224 pts)

Source: Bloomberg, M+ Online


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