KLSE Traders Update and Ideas

Evening Market Summary - 5 Jul 2022

Publish date: Tue, 05 Jul 2022, 05:42 PM
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This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 5 Jul 22

FBM KLCI: 1,440.81 pts (+3.29pts, +0.23%)

The FBM KLCI (+0.23%) bounced back into the positive territory amid final-hour bargain hunting activities. Market breadth, however, was negative as the decliners outnumbered the advancers by 423-to-373 stocks. The plantation sector (-1.09%) succumbed to selling pressure following Indonesia’s announcement on increase in export quota, with KLK (-78.0 sen), FAREAST (-25.0 sen), and SIMEPLT (-2.0 sen) leading the sector's losses. 

Top 3 Active stocks:
ORGABIO (0252): RM0.34 (+3.0 sen)
NEXGRAM (0096): RM0.01 (unch)

TOPGLOV (7113): RM0.945 (-3.0 sen)

Volume: 1.99 bn (100-day avg vol: 3.01 bn)
Value: RM1.21 bn (100-day avg val: RM2.41 bn)
Market Breadth: ⬆️373 ⬇️423
Crude palm oil: RM4,194 (-RM156)

Dow Futures: 30,885 pts (-176 pts)

Source: Bloomberg, M+ Online


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