KLSE Traders Update and Ideas

Evening Market Summary - 6 Oct 2022

Publish date: Thu, 06 Oct 2022, 06:10 PM
0 3,011
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 - 6 Oct 22

FBM KLCI: 1,420.43 pts (-0.12pts, -0.01%)

The FBM KLCI (-0.01%) ended marginally lower ahead of the tabling of Budget 2023 tomorrow as final-hour selldown sent the key index into the negative territory. Market breadth, however remained positive as the advancers outpaced the decliners by 435-to-328 stocks. The healthcare sector (+2.03%) soared on the back of improving outlook in the glove sector led by stocks such as TOPGLOV (+3.5 sen), HARTA (+8.0 sen), and SUPERMX (+8.0 sen), while the plantation sector (-0.50%) staged a pullback as profit taking activities emerged. 

Top 3 Active stocks:
MMAG (0034): RM0.025 (unch)
COSMOS (0261): RM0.56 (+21.0 sen)

TOPGLOV (7113): RM0.675 (+3.5 sen)

Volume: 2.25 bn (100-day avg vol: 2.47 bn)
Value: RM1.59 bn (100-day avg val: RM1.79 bn)
Market Breadth: ⬆️435 ⬇️328
Crude palm oil: RM3,729 (+RM87)

Dow Futures: 30,213 pts (-97 pts)

Source: Bloomberg, M+ Online


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.

More articles on KLSE Traders Update and Ideas
Be the first to like this. Showing 0 of 0 comments

Post a Comment