KLSE Traders Update and Ideas

Evening Market Summary - 12 Apr 2024

mplus313
Publish date: Fri, 12 Apr 2024, 05:54 PM
mplus313
0 3,694
This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 12 Apr 24

FBM KLCI: 1,551.04 pts (-2.47pts, -0.16%)

The FBM KLCI (-0.16%) ended slightly lower, in line with the mostly negative regional markets performance, despite the stronger tone on Wall Street after the PPI data came in within expectations; the FBM KLCI was dragged by selected Telco and Utilities heavyweights. Market breadth was positive with advancers outpaced decliners by 580-to-515 stocks. On the broader market, the Property sector (+1.74%) was the leading sector led by buying interest in SPSETIA (+6.0 sen) and SIMEPROP (+4.0 sen), while the Utilities sector (-0.42%) fell due to selling pressure in YTLPOWR (-7.0 sen) and YTL (-3.0 sen).

Top 3 Active stocks:
HM (0060): RM0.12 (+0.5 sen)
DNEX (4456): RM0.415 (+4.0 sen)

VELESTO (5243): RM0.28 (+0.5 sen)

Volume: 3.88 bn (100-day avg vol: 3.99 bn)
Value: RM3.00 bn (100-day avg val: RM2.70 bn)
Market Breadth: ⬆580 ⬇515
Crude palm oil: RM4,264 (-RM54)

Dow Futures: 38,779 pts (+47 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