KLSE Traders Update and Ideas

Evening Market Summary - 12 Nov 2021

Publish date: Fri, 12 Nov 2021, 05:57 PM
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.

Want to receive the daily market update straight in your mobile phone? Open a trading account: http://klse.i3investor.com/jsp/partner/my/mplus.jsp

M+ Online Market Wrap - 12 Nov 21

FBM KLCI: 1,531.22 pts (+12.37pts, +0.81%)

The FBM KLCI (+0.8%) snapped its three-day losing streak to end higher after hovering in the positive territory for the entire trading session, mainly driven by gains in MAYBANK (+11.0 sen) and the glove heavyweights. Market breadth turned positive as the gainers outnumbered the losers by a ratio of nearly 5-to-4. The healthcare sector (+2.3%) was the biggest gainer on the mostly positive broader market as investors piled into recently beaten down glove counters including TOPGLOV (+15.0 sen), HARTA (+21.0 sen), and SUPERMX (+12.0 sen). 

Top 3 Active stocks:
DNEX (4456): RM0.84 (+1.0 sen)
AAX (5238): RM0.075 (+1.5 sen)

NWP (5025): RM0.355 (+2.0 sen)

Volume: 3.11 bn (100-day avg vol: 4.47 bn)
Value: 2.62 bn (100-day avg val: 2.87 bn)
Market Breadth: ⬆521 ⬇414
Crude palm oil: RM4,937 (+RM56)

Dow Futures: 35,860 pts (+31 pts)

Source: Bloomberg, M+ Online


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