KLSE Traders Update and Ideas

Evening Market Summary - 28 Sept 2021

Publish date: Tue, 28 Sep 2021, 06:06 PM
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This blog provides market updates and trading ideas that I gather from around the web. As I am a Dealer's Representative, I watch and follow the market quite closely, and send updates to my clients regularly.

The daily market update is usually sent out to client's mobile in the morning. While the market summary is sent out in the evening.

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M+ Online Market Wrap - 28Sep21

FBM KLCI: 1,546.82 pts (+13.77pts, +0.90%)

The FBM KLCI (+0.9%) reversed morning session's losses and ended in the positive territory as PCHEM (+39.0 sen) led the key index’s rally amid firmer crude oil price that climbed above USD80 per barrel mark. Market breadth, however, remained negative as the losers overpowered the gainers by 593-to-463 stocks. The energy sector was the biggest advancing sector on the mixed broader market, underpinned by gains in DIALOG (+9.0 sen), YINSON (+40.0 sen), and ARMADA (+2.0 sen) as the sector surged in tandem with the crude oil price. 

Top 3 Active stocks:
FINTEC (0150): RM0.015 (-0.5 sen)
PHB (4464): RM0.01 (-0.5 sen)

KNM (7164): RM0.25 (+0.5 sen)

Volume: 5.45 bn (100-day avg vol: 5.22 bn)
Value: 3.29 bn (100-day avg val: 3.18 bn)
Market Breadth: ⬆463 ⬇593
Crude palm oil: RM4,460 (+RM66)

Dow Futures: 34,640 pts (-103 pts)

Source: Bloomberg, M+ Online


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