KLSE Traders Update and Ideas

Evening Market Summary - 22 Mar 2023

Publish date: Wed, 22 Mar 2023, 05:37 PM
0 3,246
This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 22 Mar 23

FBM KLCI: 1,412.04 pts (+5.49pts, +0.39%)

The FBM KLCI (+0.39%) extended its gains as the key index climbed along with the regional markets on persisted bargain hunting activities in view of improved sentiment on Wall Street overnight. Market breadth remained positive as the advancers led the decliners by 497-to-377 stocks. The energy sector (+1.37%) rallied, led by DIALOG (+2.0 sen), HIBISCS (+4.5 sen), and DAYANG (+4.0 sen). Meanwhile, investors piled into the utilities sector (+1.17%) such as YTLPOWR (+4.0 sen), TENAGA (+5.0 sen), and PETGAS (+10.0 sen). 

Top 3 Active stocks:
TOPGLOV (7113): RM0.95 (-1.0 sen)
CFM (8044): RM0.435 (-18.0 sen)

GPACKET (0082): RM0.045 (unch)

Volume: 3.12 bn (100-day avg vol: 3.30 bn)
Value: RM1.89 bn (100-day avg val: RM2.11 bn)
Market Breadth: ⬆️497 ⬇️377
Crude palm oil: RM3,679 (-RM105)

Dow Futures: 32,717 pts (-57 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.

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

Post a Comment