KLSE Traders Update and Ideas

Evening Market Summary - 9 Feb 2024

Publish date: Fri, 09 Feb 2024, 05:42 PM
0 3,644
This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 9 Feb 24

FBM KLCI: 1,512.28 pts (-0.08pts, -0.01%)

The FBM KLCI (-0.01%) ended flat, despite the mostly positive regional markets, as selected Banking heavyweights dragged the sentiment on the FBM KLCI. Market breadth, however was positive as gainers outnumbered losers by 530-to-313 stocks. On the broader market, the Energy sector (+0.82%) was the leading sector, led by buying interest within DIALOG (+3.0 sen) and ARMADA (+1.0 sen), while the Financial Services sector declined (-0.21%) due to selling pressure in CIMB (-4.0 sen) and PBBANK (-2.0 sen).

Top 3 Active stocks:
RENEUCO (7130): RM0.055 (-1.5 sen)
WIDAD (0162): RM0.12 (-0.5 sen)

TWL (7079): RM0.035 (-0.5 sen)

Volume: 1.86 bn (100-day avg vol: 3.72 bn)
Value: RM1.10 bn (100-day avg val: RM2.40 bn)
Market Breadth: ⬆️530 ⬇️313
Crude palm oil: RM3,894 (+RM20)

Dow Futures: 38,814 pts (-10 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