KLSE Traders Update and Ideas

Evening Market Summary - 4 Jul 2022

mplus313
Publish date: Mon, 04 Jul 2022, 05:51 PM
mplus313
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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 - 4 Jul 22

FBM KLCI: 1,437.52 pts (-12.22pts, -0.84%)

The FBM KLCI (-0.84%) showed signs of weakening momentum from the previous session as the key index succumbed to broad-based selling pressure following Wall Street’s futures slide. Market breadth remained negative as the decliners thumped the advancers on a ratio of approximately 3-to-1. All 13 major sub-indices were painted in red; the technology sector (-2.15%) saw further downside, dragged by UNISEM (-15.0 sen), INARI (-5.0 sen), and FRONTKN (-11.0 sen). 

Top 3 Active stocks:
REACH (5256): RM0.05 (-0.5 sen)
TOPGLOV (7113): RM0.975 (-3.5 sen)

JADEM (7043): RM0.91 (unch)

Volume: 1.74 bn (100-day avg vol: 3.02 bn)
Value: RM1.08 bn (100-day avg val: RM2.41 bn)
Market Breadth: ⬆️220 ⬇️657
Crude palm oil: RM4,294 (-RM414)

Dow Futures: 30,866 pts (-195 pts)

Source: Bloomberg, M+ Online


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