KLSE Traders Update and Ideas

Evening Market Summary - 17 Feb 2023

mplus313
Publish date: Fri, 17 Feb 2023, 05:53 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 - 17 Feb 23 
 
FBM KLCI: 1,476.90 pts (-7.36 pts, -0.50%) 
The FBM KLCI (-0.50%) fell further into the negative territory, mirroring the bearish sentiment on the global front following Wall Street’s performance overnight. Market breadth turned negative as the decliners thumped the advancers by 627-to-282 stocks. The technology sector (-3.35%) led the broader market’s decline, dragged by MPI (-276.0 sen), UNISEM (-30.0 sen), and VITROX (-27.0 sen), followed by the energy sector (-1.93%).  
 
Top 3 Active stocks: 
MINDA (5166): RM0.085 (+1.0 sen) 
MYEG (0138): RM0.66 (-2.5 sen) 
SMRT (0117): RM0.295 (+6.0 sen) 
 
Volume: 3.27 bn (100-day avg vol: 3.01 bn) 
Value: RM2.10 bn (100-day avg val: RM1.98 bn) 
Market Breadth: ⬆282 ⬇627 
Crude palm oil: RM4,146 (+RM77) 
Dow Futures: 33,587 pts (-152 pts) 
 
Source: Bloomberg, M+ Online


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