KLSE Traders Update and Ideas

Evening Market Summary - 28 Sept 2020

mplus313
Publish date: Mon, 28 Sep 2020, 05:24 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,511.66 pts (+2.52pts, +0.17%)

Tracking the gains on Wall Street last Friday, coupled with the mostly positive sentiment across regional peers, the FBM KLCI (+0.2%) managed to eke out mild gains after lingering mostly in the positive territory. Market breadth stayed positive as gainers had the upper hand against the losers on a ratio of 569-to-458 stocks. The technology sector (+2.8%) emerged as the biggest winner on the broader market, supported by MPI (+30.0 sen), UWC (+25.0 sen) and Pentamaster (+22.0 sen)

Top 3 Active stocks:
XOX (0165): RM0.175 (+0.5 sen)
MTRONIC (0043): RM0.085 (+0.5 sen)
VSOLAR (0066): RM0.04 (unch)

Volume: 5.17 bln (100-day avg vol: 9.22 bln)
Value: RM3.51 bln
Market Breadth: ⬆:569 ⬇:458
Crude palm oil: RM2,809 (-RM13)
Dow Futures: 27,275 pts (+232 pts)

Source: Bloomberg, M+ Online


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