KLSE Traders Update and Ideas

Evening Market Summary - 12 Jan 2023

mplus313
Publish date: Thu, 12 Jan 2023, 05:42 PM
mplus313
0 3,760
This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 12 Jan 23 
 
FBM KLCI: 1,488.07 pts (+0.79pts, +0.05%) 
The FBM KLCI (+0.05%) eked out small gains after enduring a volatile session as investors traded cautiously ahead of the US inflation data. Market breadth, however turned negative as the decliners led the advancers by 467-to-441 stocks. The transportation & logistics sector (-2.54%) tumbled, dragged by HEXTECH (-410.0 sen), WPRTS (-3.0 sen), and MISC (-2.0 sen), while the technology sector (+1.92%) outperformed the broader market.    
 
Top 3 Active stocks: 
NATGATE (0270): RM1.00 (+62.0 sen) 
BORNOIL (7036): RM0.02 (unch) 
DNEX (4456): RM0.58 (+2.0 sen) 
 
Volume: 3.58 bn (100-day avg vol: 2.77 bn) 
Value: RM2.76 bn (100-day avg val: RM1.88 bn) 
Market Breadth: ⬆️441 ⬇️467 
Crude palm oil: RM3,913 (+RM2) 
Dow Futures: 34,089 pts (-21 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.

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

Post a Comment