KLSE Traders Update and Ideas

Evening Market Summary - 30 Nov 2023

Publish date: Thu, 30 Nov 2023, 05:45 PM
0 3,578
This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 30 Nov 23

FBM KLCI: 1,448.02 pts (+1.95pts, +0.13%)

The FBM KLCI (+0.46%) ended higher amid positive rebound in the Hong Kong market and HSI closed above the 17k level, and last minute buying interest in CDB (+21.0 sen) and PCHEM (+14.0 sen) supported the KLCI higher. Market breadth, however was negative as losers outnumbered gainers by 626-to-328 stocks. On the broader market, the Energy sector (+0.88%) closed higher thanks to buying support in DIALOG (+14.0 sen) and COASTAL (+10.0 sen). Meanwhile, the Healthcare sector declined -2.94% following the selling pressure in glove counters namely, TOPGLOV (-5.0 sen) and SUPERMX (-10.5 sen) following the weak set  of results.

Top 3 Active stocks:
VELESTO (5243): RM0.22 (unch)
KANGER (0170): RM0.075 (-1.0 sen)

TOPGLOV (7113): RM0.81 (-5.0 sen)

Volume: 4.12 bn (100-day avg vol: 3.34 bn)
Value: RM4.44 bn (100-day avg val: RM2.10 bn)
Market Breadth: ⬆️328 ⬇️626
Crude palm oil: RM3,898 (+RM26)

Dow Futures: 35,590 pts (+102 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