KLSE Traders Update and Ideas

Evening Market Summary - 2 Sept 2020

mplus313
Publish date: Wed, 02 Sep 2020, 05:19 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,537.54 pts (+16.11pts, +1.06%)

Tracking the gains on Wall Street overnight, the FBM KLCI (+1.1%) rebounded after hovering in the positive region for the entire trading session with only 2 decliners on the big board. Market breadth turned slightly positive as gainers edge past the losers on a ratio of 552-to-537 stocks. The technology sector (+3.0%) continue to lead the broader market winners list boosted by MPI (+RM1.50), UWC (+77.0 sen) and KESM Industries (+51.0 sen)

Top 3 Active stocks:
JCY (5161): RM0.77 (+9.5 sen)
PASUKGB (0177): RM0.13 (+1.5 sen)
XOX (0165): RM0.245 (-1.5 sen)

Volume: 11.60 bln (100-day avg vol: 8.83 bln)
Value: RM5.39 bln
Market Breadth: ⬆:552 ⬇:537
Crude palm oil: RM2,817 (+RM33)
Dow Futures: 28,818 pts (+196 pts)

Source: Bloomberg, M+ Online


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