KLSE Traders Update and Ideas

Evening Market Summary - 10 Feb 2023

mplus313
Publish date: Fri, 10 Feb 2023, 05:55 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 10 Feb 23 
 
FBM KLCI: 1,474.59 pts (+9.95 pts, +0.68%) 
The FBM KLCI (+0.68%) rebounded, snapping a three-session losing streak as bargain hunting activities were noticed within the energy and banking heavyweights which have lifted the key index. Market breadth however, remained negative as the decliners outpaced the advancers by 540-to-403 stocks. The construction sector (+1.92%) surged, buoyed by gains in GAMUDA (+13.0 sen), IJM (+3.0 sen), and EKOVEST (+2.5 sen). Meanwhile, the technology sector (-1.63%) was one of the main laggards.  
 
Top 3 Active stocks: 
MYEG (0138): RM0.61 (-10.5 sen) 
SAPNRG (5218): RM0.045 (unch) 
ZENTECH (0094): RM0.035 (-1.5 sen) 
 
Volume: 4.08 bn (100-day avg vol: 2.97 bn) 
Value: RM2.50 bn (100-day avg val: RM1.96 bn) 
Market Breadth: ⬆403 ⬇540 
Crude palm oil: RM3,927 (-RM46) 
Dow Futures: 33,741 pts (+7 pts) 
 
Source: Bloomberg, M+ Online


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