KLSE Traders Update and Ideas

Evening Market Summary - 7 Oct 2020

mplus313
Publish date: Wed, 07 Oct 2020, 05:09 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,489.56 pts (-19.91pts, -1.32%)

The FBM KLCI extended its losses after lingering mostly in the negative territory today, weighed down by weakness in selected Petronas-related and banking heavyweights. Market breadth, however, turned positive as gainers outperformed the losers on a ratio of 637-to-373 stocks. The broader market was mostly lower again with the exception of technology (+2.3%), healthcare (+1.0%) and energy (+0.2%) sectors that saw the former was boosted by gains from UWC (+21.0 sen), KESM Industries (+20.0 sen) and Heitech Padu (+16.0 sen).

Top 3 Active stocks:
KANGER (0170): RM0.195 (+4.5 sen)
GPACKET (0082): RM0.50 (-2.0 sen)
PARKSON (5657): RM0.14 (+3.5 sen)

Volume: 5.25 bln (100-day avg vol: 9.23 bln)
Value: RM3.61 bln
Market Breadth: ⬆️:637 ⬇️:373
Crude palm oil: RM2,861 (+RM43)
Dow Futures: 27,877 pts (+177 pts)

Source: Bloomberg, M+ Online


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