KLSE Traders Update and Ideas

Evening Market Summary - 6 Feb 2024

Publish date: Tue, 06 Feb 2024, 05:55 PM
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This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 6 Feb 24

FBM KLCI: 1,512.98 pts (+1.64pts, +0.11%)

The FBM KLCI (+0.11%) ended higher, despite the mixed regional markets' performance, led by buying interest within selected utilities, consumer and industrial products heavyweights. Market breadth was positive as gainers led losers by 514-to-452 stocks. On the broader market, the Energy sector (+1.03%) was the leading sector, led by buying interest within DAYANG (+7.0 sen) and VELESTO (+0.5 sen), while the Healthcare sector declined (-0.28%) due to selling pressure in HARTA (-9.0 sen) and TOPGLOV (-2.5 sen).

Top 3 Active stocks:
WENTEL (0298): RM0.28 (+2.0 sen)
WIDAD (0162): RM0.115 (-1.0 sen)

RENEUCO (7130): RM0.08 (-1.5 sen)

Volume: 3.09 bn (100-day avg vol: 3.72 bn)
Value: RM2.17 bn (100-day avg val: RM2.39 bn)
Market Breadth: ⬆️514 ⬇️452
Crude palm oil: RM3,832 (+RM30)

Dow Futures: 38,433 pts (-33 pts)

Source: Bloomberg, M+ Online


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