KLSE Traders Update and Ideas

Evening Market Summary - 14 Sept 2023

Publish date: Thu, 14 Sep 2023, 05:57 PM
0 3,688
This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 14Sep23

FBM KLCI: 1,449.58 pts (-3.96pts, -0.27%)

The FBM KLCI (-0.27%) closed lower for the session, and dropped marginally below the 1,450 psychological level as selling pressure picked up within selected heavyweights like PCHEM (-5.0 sen) and PMETAL (-3.0 sen). Market breadth was positive with advancers led decliners by a ratio of 3-to-2. On the broader market, the Property sector rebounded the most, rising 0.79%, led by SIMEPROP (+2.0 sen) and MRCB (+3.0 sen) . Meanwhile, the Plantation sector added 0.52% as buying interest was noticed within SIMEPLT (+4.0 sen) and KLK (+18.0 sen). 

Top 3 Active stocks:
KNM (7164): RM0.105 (+0.0 sen)
ICON (5255): RM0.105 (+1.5 sen)

CAPITALA (5099): RM1.01 (+6.0 sen)

Volume: 2.96 bn (100-day avg vol: 3.12 bn)
Value: RM2.20 bn (100-day avg val: RM1.94 bn)
Market Breadth: ⬆️530 ⬇️342
Crude palm oil: RM3,755 (+RM29)

Dow Futures: 34,993 pts (+75 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