KLSE Traders Update and Ideas

Evening Market Summary - 2 Feb 2024

mplus313
Publish date: Fri, 02 Feb 2024, 05:34 PM
mplus313
0 3,649
This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 2 Feb 24

FBM KLCI: 1,516.58 pts (+3.60pts, +0.24%)

The FBM KLCI (+0.24%) ended higher, in line with the mostly positive regional markets' performance, with buying interest seen within selected banking and utilities heavyweights. Market breadth was negative as losers outpaced gainers by 690-to-311 stocks. On the broader market, the Consumer Products & Services sector (+0.70%) was the leading sector, led by buying interest within GENTING (+14.0 sen) and GENM (+7.0 sen), while the Energy sector declined (-1.58%) due to selling pressure in YINSON (-8.0 sen) and ARMADA (-1.5 sen).

Top 3 Active stocks:
MINETEC (7219): RM0.145 (unch)
VELESTO (5243): RM0.255 (-0.5 sen)

WIDAD (0162): RM0.135 (unch)

Volume: 3.66 bn (100-day avg vol: 3.71 bn)
Value: RM3.00 bn (100-day avg val: RM2.38 bn)
Market Breadth: ⬆️311 ⬇️690
Crude palm oil: RM3,761 (-RM37)

Dow Futures: 38,637 pts (+12 pts)

Source: Bloomberg, M+ Online


Disclaimer

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.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment