KLSE Traders Update and Ideas

Evening Market Summary - 29 Sept 2020

mplus313
Publish date: Tue, 29 Sep 2020, 05:12 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,503.90 pts (-7.76pts, -0.51%)

The FBM KLCI (-0.5%) endured a choppy trading session before edging lower as the key index snapped a three-day winning streak, dragged down by the retracement in glove heavyweights. Market breadth turned negative as losers outnumbered gainers on a ratio of 6-to-4 stocks. The construction sector (+1.1%) outperformed the mostly negative broader market on gains from Gamuda (+9.0 sen), Sunway Construction (+6.0 sen) and Gabungan AQRS (+2.0 sen)

Top 3 Active stocks:
XOX (0165): RM0.15 (-2.5 sen)
KANGER (0170): RM0.21 (+0.5 sen)
MTOUCHE (0092): RM0.055 (unch)

Volume: 5.15 bln (100-day avg vol: 9.22 bln)
Value: RM3.59 bln
Market Breadth: ⬆:412 ⬇:611
Crude palm oil: RM2,788 (-RM34)
Dow Futures: 27,440 pts (-42 pts)

Source: Bloomberg, M+ Online


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