KLSE Traders Update and Ideas

Evening Market Summary - 9 Feb 2024

mplus313
Publish date: Fri, 09 Feb 2024, 05:42 PM
mplus313
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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


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