KLSE Traders Update and Ideas

Evening Market Summary - 6 Aug 2020

mplus313
Publish date: Thu, 06 Aug 2020, 05:16 PM
mplus313
0 3,738
This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,588.57 pts (+20.44pts, +1.30%)

Tracking the gains on Wall Street overnight, coupled with the higher crude oil prices, the FBM KLCI (+1.3%) recovered all its intraday losses after hovering in the positive territory for the entire trading session .Market breadth stayed positive as gainers overpowered the losers by a ratio of 716-to-468 stocks. The energy sector (+2.8%) was the biggest winner on gains from Petron Malaysia (+31.0 sen), Heng Yuan (+28.0 sen) and Dialog (+8.0 sen) as crude oil prices rose to 5-months high.

Top 3 Active stocks:
XOX (0165): RM0.27 (+1.0 sen)
NICE (7139): RM0.23 (+11.5 sen)
PHB (4464): RM0.035 (+0.5 sen)

Volume: 16.69 bln (100-day avg vol: 7.23 bln)
Value: RM8.56 bln
Market Breadth: ⬆:716 ⬇:468
Crude palm oil: RM2,771 (+RM54)
Dow Futures: 27,095 pts (+40 pts)

Source: Bloomberg, M+ Online


Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment