KLSE Traders Update and Ideas

Evening Market Summary - 1 Sept 2020

mplus313
Publish date: Tue, 01 Sep 2020, 05:03 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,521.43 pts (-3.78pts, -0.25%)

Although the FBM KLCI (-0.3%) resume trading on a lively note, quick profit taking activities in selected banking heavyweights sent the local bourse closed mildly lower. Market breadth remained negative as losers outpaced the gainers by a ratio of 612-to-542 stocks. The technology sector (+0.9%) outperformed its peers supported by MPI (+RM1.30), Vitrox (+28.0 sen) and Globetronics (+8.0 sen)

Top 3 Active stocks:
FINTEC (0150): RM0.18 (+2.0 sen)
XOX (0165): RM0.26 (unch)
NOVAMSC (0026): RM0.105 (+1.0 sen)

Volume: 10.39 bln (100-day avg vol: 8.77 bln)
Value: RM5.59 bln
Market Breadth: ⬆:542 ⬇:612
Crude palm oil: RM2,813 (+RM75)
Dow Futures: 28,437 pts (+21 pts)

Source: Bloomberg, M+ Online


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