KLSE Traders Update and Ideas

Evening Market Summary - 13 May 2024

mplus313
Publish date: Mon, 13 May 2024, 10:34 AM
mplus313
0 3,760
This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 13 May 24

FBM KLCI: 1,602.91 pts (+2.24pts, +0.14%)

The FBM KLCI (+0.14%) ended marginally higher, as the gains in gaming heavyweights was offset by losses in the utilities heavyweight. Genting Bhd (+21.0 sen) rose after its Singaporean counterpart reported strong earnings due to the stronger influx of Chinese tourist. Market breadth, was however positive with gainers outpaced losers at 642-to-494 stocks. On the broader market, the Transportation & Logistics sector (+1.89%) was the leading sector on the back of buying support in AIRPORT (+16.0 sen) and CHGP (+29.0 sen), while the Energy sector (-0.74%) declined with DAYANG falling 8.0 sen.

Top 3 Active stocks:
MMAG (0034): RM0.375 (+17.5 sen)
MYEG (0138): RM0.995 (+1.0 sen)

TWL (7079): RM0.025 (unch)

Volume: 4.53 bn (100-day avg vol: 4.17 bn)
Value: RM3.01 bn (100-day avg val: RM2.89 bn)
Market Breadth: ⬆️642 ⬇️494
Crude palm oil: RM3,874 (+RM65)

Dow Futures: 39,658 pts (+16 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