KLSE Traders Update and Ideas

Evening Market Summary - 18 Aug 2020

mplus313
Publish date: Tue, 18 Aug 2020, 06:49 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,577.85 pts (+17.11pts, +1.10%)

The FBM KLCI (+1.1%) regained its footing after lingering mostly in the positive territory underpinned by the recovery in glove-heavyweights after the US FDA unveiled a list of PPE shortage.  Market breadth turned positive as gainers overcame the losers by a ratio of 665-to-446 stocks. Meanwhile, the healthcare sector (+9.9%) rallied on gains from Supermax (+RM4.10), Top Glove (+RM3.66) and Kossan (+RM2.32)

Top 3 Active stocks:
BORNOIL (7036): RM0.065 (-0.5 sen)
DGB (0152): RM0.055 (-0.5 sen)
SAPNRG (5218): RM0.125 (+0.5 sen)

Volume: 10.60 bln (100-day avg vol: 8.22 bln)
Value: RM6.92 bln
Market Breadth: ⬆:665 ⬇:446
Crude palm oil: RM2,685 (+RM6)
Dow Futures: 27,767 pts (-8 pts)

Source: Bloomberg, M+ Online


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