KLSE Traders Update and Ideas

Evening Market Summary - 17 Apr 2024

Publish date: Wed, 17 Apr 2024, 05:34 PM
0 3,691
This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 17 Apr 24

FBM KLCI: 1,540.42 pts (+5.42pts, +0.35%)

The FBM KLCI (+0.35%) ended higher, despite the mixed regional markets performance. Also, the sentiment on Wall Street stabilised and the FBM KLCI was supported by selected Banking, Telco and Utilities heavyweights. Market breadth was positive as gainers more than doubled losers at 717-to-318 stocks. On the broader market, the Construction sector (+1.64%) was the leading sector due to buying interest in IJM (+6.0 sen) and GAMUDA (+4.0 sen), while the Plantation sector (-0.56%) was the sole decliner amid selling pressure in IOICORP (-5.0 sen) due to declining CPO prices.

Top 3 Active stocks:
BPURI (5932): RM0.085 (+0.5 sen)
INGENIEU (5178): RM0.145 (unch)

ALPHA (0303): RM0.33 (-0.5 sen)

Volume: 3.45 bn (100-day avg vol: 4.01 bn)
Value: RM2.67 bn (100-day avg val: RM2.74 bn)
Market Breadth: ⬆️717 ⬇️318
Crude palm oil: RM4,011 (-RM63)

Dow Futures: 38,154 pts (+108 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