KLSE Traders Update and Ideas

Evening Market Summary - 31 Jan 2024

Publish date: Wed, 31 Jan 2024, 05:57 PM
0 3,652
This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 31 Jan 24

FBM KLCI: 1,512.98 pts (+0.23pts, +0.02%)

The FBM KLCI (+0.02%) ended flat, in line with the mixed regional markets' performance, with mixed sentiment seen within the utilities heavyweights as TENAGA rose, while YTL counters fell. Market breadth was negative as losers outpaced gainers by 635-to-401 stocks. On the broader market, the Energy sector (+1.81%) was the leading sector, led by buying interest within DAYANG (+16.0 sen) and YINSON (+3.0 sen), while the Technology sector declined (-1.59%) due to selling pressure in INARI (-8.0 sen) and MPI (-100.0 sen).

Top 3 Active stocks:
TWL (7079): RM0.04 (unch)
RENEUCO (7130): RM0.085 (-7.0 sen)

PERDANA (7108): RM0.265 (-0.5 sen)

Volume: 3.67 bn (100-day avg vol: 3.71 bn)
Value: RM2.85 bn (100-day avg val: RM2.37 bn)
Market Breadth: ⬆️401 ⬇️635
Crude palm oil: RM3,811 (-RM31)

Dow Futures: 38,653 pts (+41 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