KLSE Traders Update and Ideas

Evening Market Summary - 25 Aug 2021

mplus313
Publish date: Wed, 25 Aug 2021, 05:56 PM
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This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 25 Aug 21

FBM KLCI: 1,569.80 pts (+16.43pts, +1.06%)

The FBM KLCI (+1.1%) marched higher for a fourth straight session as the key index continued to build on its rebound amid recovery-theme play as well as a upbeat earnings from PCHEM and PMETAL. Market breadth, however, turned negative as the losers overpowered the gainers by 532-to-509 stocks. The industrial products and services sectors (+1.7%) outperformed the positive-bias broader market, underpinned by gains in PMETAL (+24.0 sen), PCHEM (+21.0 sen), and PIE (+15.0 sen). 

Top 3 Active stocks:
KANGER (0170): RM0.06 (unch)
MMAG (0034): RM0.105 (-1.0 sen)

FOCUS (0116): RM0.05 (+0.5 sen)

Volume: 4.55 bn (100-day avg vol: 5.76 bn)
Value: 2.89 bn (100-day avg val: 3.38 bn)
Market Breadth: ⬆509 ⬇532
Crude palm oil: RM4,332 (+RM29)

Dow Futures: 35,329 pts (+15 pts)

Source: Bloomberg, M+ Online


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