KLSE Traders Update and Ideas

Evening Market Summary - 11 Aug 2020

mplus313
Publish date: Tue, 11 Aug 2020, 05:23 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,564.74 pts (-6.92pts, -0.44%)

The FBM KLCI (-0.4%) recorded its third straight losing streak after key index erased all its intraday gains pressured by selling activities in selected index heavyweights in the second half of the trading session today. Market breadth was negative as losers toppled the gainers by a ratio of 722-to-483 stocks. The energy sector (+12.3%) outperformed on lifted by gains from Dayang (+22.0 sen), Heng Yuan (+18.0 sen) and Petron Malaysia (+12.0 sen)

Top 3 Active stocks:
SAPNRG (5218): RM0.145 (+4.5 sen)
NETX (0020): RM0.02 (unch)
AT (0072): RM0.13 (+1.0 sen)

Volume: 27.79 bln (100-day avg vol: 7.83 bln)
Value: RM7.80 bln
Market Breadth: ⬆:483 ⬇:722
Crude palm oil: RM2,682 (-RM27)
Dow Futures: 27,958 pts (+279 pts)

Source: Bloomberg, M+ Online


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