KLSE Traders Update and Ideas

Evening Market Summary - 13 Aug 2020

mplus313
Publish date: Thu, 13 Aug 2020, 05:06 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,576.42 pts (+19.78pts, +1.27%)

Renewed buying interests in glove heavyweights, coupled with the extended buying support in financial heavyweights sent the FBM KLCI (+1.3%) to snap a four-day losing streak as the upbeat momentum were in line with the mostly positive sentiment across regional peers. Market breadth turned positive as gainers overcame the losers by a ratio of 6-to-5 stocks. The financial services sector (+1.5%) remain upbeat on gains from Public Bank (+40.0 sen), LPI Capital (+24.0 sen) and Maybank (+15.0 sen)

Top 3 Active stocks:
PHB (4464): RM0.04 (unch)
LUSTER (5068): RM0.14 (+1.0 sen)
PWORTH (7123): RM0.04 (+0.5 sen)

Volume: 11.67 bln (100-day avg vol: 8.05 bln)
Value: RM4.97 bln
Market Breadth: ⬆:607 ⬇:491
Crude palm oil: RM2,727 (+RM39)
Dow Futures: 27,869 pts (+3 pts)

Source: Bloomberg, M+ Online


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