KLSE Traders Update and Ideas

Evening Market Summary - 29 Mar 2023

mplus313
Publish date: Wed, 29 Mar 2023, 05:27 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 - 29 Mar 23 
 
FBM KLCI: 1,420.35 pts (+11.26pts, +0.80%) 
The FBM KLCI (+0.80%) extended gains amid revived risk appetite on the regional markets as fears over banking crisis eased. Market breadth turned positive as the advancers hammered the decliners by 574-to-331 stocks. A sustained crude oil price drew investors into the energy sector (+2.31%) with YINSON (+11.0 sen), DIALOG (+4.0 sen), and ARMADA (+1.5 sen) leading the gains. Meanwhile, the health care sector (+1.93%) rebounded as IHH (+8.0 sen), TOPGLOV (+4.0 sen), and HARTA (+6.0 sen) gained momentum.  
 
Top 3 Active stocks: 
CFM (8044): RM0.24 (+5.5 sen) 
MMAG (0034): RM0.015 (unch) 
BSLCORP (7221): RM0.05 (+1.0 sen) 
 
Volume: 3.42 bn (100-day avg vol: 3.34 bn) 
Value: RM1.74 bn (100-day avg val: RM2.11 bn) 
Market Breadth: ⬆️574 ⬇️331 
Crude palm oil: RM3,707 (+RM20) 
Dow Futures: 32,813 pts (+225 pts) 
 
Source: Bloomberg, M+ Online


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