KLSE Traders Update and Ideas

Evening Market Summary - 4 Apr 2024

Publish date: Thu, 04 Apr 2024, 05:54 PM
0 3,688
This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 4 Apr 24

FBM KLCI: 1,553.24 pts (+16.23pts, +1.06%)

The FBM KLCI (+1.06%) ended higher, despite the mixed performance of the regional markets, as the index was boosted by Industiral Products, Utilities and Plantation heavyweights. Market breadth was positive with gainers outpaced losers by 656-to-351 stocks. On the broader market, the Industrial Products sector (+1.78%) was the leading sector led by buying interest in PMETAL (+35.0 sen) and PMBTECH (+19.0 sen), while the Technology sector (-0.32%) declined due to selling pressure in UNISEM (-9.0 sen).

Top 3 Active stocks:
TWL (7079): RM0.03 (unch)
VELESTO (5243): RM0.305 (+1.0 sen)

ZANTAT (0301): RM0.53 (+4.5 sen)

Volume: 3.36 bn (100-day avg vol: 3.96 bn)
Value: RM2.68 bn (100-day avg val: RM2.68 bn)
Market Breadth: ⬆️656 ⬇️351
Crude palm oil: RM4,395 (-RM12)

Dow Futures: 39,584 pts (+102 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