KLSE Traders Update and Ideas

Evening Market Summary - 5 Oct 2023

mplus313
Publish date: Thu, 05 Oct 2023, 05:41 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,415.60 pts (-0.24pts, -0.02%)

The FBM KLCI (-0.02%) ended flat as profit taking activities emerged from the intraday high of 1,420 zone as cautious sentiment prevails amid the elevated US Treasury yield environment. Market breadth was postive with gainers led losers by 453-to-355 stocks. On the broader market, the Construction sector (+1.24%) ended higher following the buying pressure in GAMUDA (+7.0 sen) and SUNCON (+7.0 sen) ahead of the Budget 2024, while the Energy sector fell 1.02% led by DIALOG (-2.0 sen) and YINSON (-2.0 sen), due to the continued downtrend in Brent oil prices.  

Top 3 Active stocks:
KNM (7164): RM0.175 (+1.0 sen)
SCIB (9237): RM0.495 (+2.0 sen)

EKOVEST (8877): RM0.540 (+0.5 sen)

Volume: 3.11 bn (100-day avg vol: 3.18 bn)
Value: RM2.26 bn (100-day avg val: RM2.04 bn)
Market Breadth: ⬆️453 ⬇️355
Crude palm oil: RM3,608 (-RM107)

Dow Futures: 33,197 pts (-129 pts)

Source: Bloomberg, M+ Online


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