KLSE Traders Update and Ideas

Evening Market Summary - 24 Mar 2023

Publish date: Fri, 24 Mar 2023, 05:44 PM
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This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 24 Mar 23

FBM KLCI: 1,399.70 pts (-11.28pts, -0.80%)

The FBM KLCI (-0.80%) declined despite the positive cues from Wall Street overnight as the regional markets remained subdued amid lingering fears over the unresolved banking crisis. Market breadth turned negative as the decliners outpaced the advancers by 496-to-339 stocks. Profit taking activities emerged in the health care sector (-1.86%) as TOPGLOV (-6.5 sen), IHH (-3.0 sen), and HARTA (-7.0 sen) slumped.  

Top 3 Active stocks:
REVENUE (0200): RM0.275 (-2.5 sen)
CFM (8044): RM0.275 (-7.5 sen)

AT (0072): RM0.01 (unch)

Volume: 2.99 bn (100-day avg vol: 3.32 bn)
Value: RM1.91 bn (100-day avg val: RM2.11 bn)
Market Breadth: ⬆️339 ⬇️496
Crude palm oil: RM3,563 (-RM6)

Dow Futures: 32,201 pts (-118 pts)

Source: Bloomberg, M+ Online


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