KLSE Traders Update and Ideas

Evening Market Summary - 23 Aug 2022

mplus313
Publish date: Tue, 23 Aug 2022, 05:51 PM
mplus313
0 3,000
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 - 23 Aug 22

FBM KLCI: 1,482.57 pts (-4.80pts, -0.32%)

The FBM KLCI (-0.32%) retreated further from the key 1,500 level amid negative undertone across regional markets as investors fretted ahead of the Jackson Hole meeting this week. Market breadth remained negative as the decliners outpaced the advancers by 467-to-407 stocks. The energy sector (+7.14%) bucked the negative performance across the broader market, as DIALOG (+9.0 sen), HENGYUAN (+129.0 sen), and PETRONM (+102.0 sen) surged after Saudi Arabia warned that OPEC could cut output to correct the recent oil price decline.  

Top 3 Active stocks:
BORNOIL (7036): RM0.025 (unch)
HIBISCS (5199): RM0.975 (+7.5 sen)

SAPNRG (5218): RM0.045 (+0.5 sen)

Volume: 2.03 bn (100-day avg vol: 2.65 bn)
Value: RM1.55 bn (100-day avg val: RM1.88 bn)
Market Breadth: ⬆️407 ⬇️467
Crude palm oil: RM4,229 (+RM69)

Dow Futures: 33,121 pts (+65 pts)

Source: Bloomberg, M+ Online


Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment