KLSE Traders Update and Ideas

Evening Market Summary - 21 Jun 2024

Publish date: Fri, 21 Jun 2024, 05:54 PM
0 3,761
This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap - 21 Jun 24

FBM KLCI: 1,590.37 pts (-2.32pts, -0.15%)

The FBM KLCI (-0.15%) ended lower as the index was dragged by selling pressure in the Banking and Telco heavyweights on the FBM KLCI rebalancing day. Also, investors could be staying cautious ahead of the weekend in line with the regional markets which ended in the red, tracking the NASDAQ's weaker performance. Meanwhile, the market breadth was however positive as gainers outnumbered losers at 600-to-586 stocks. On the broader market, the Contruction sector (+0.69%) was the best performing sector led by IJM (+8.0 sen) and WCT (+6.0 sen), while the Energy sector (-1.07%) declined the most.

Top 3 Active stocks:
JCY (5161): RM0.845 (+7.0 sen)
INGENIEU (5178): RM0.065 (unch)

VELESTO (5243): RM0.255 (-0.5 sen)

Volume: 5.83 bn (100-day avg vol: 4.42 bn)
Value: RM6.06 bn (100-day avg val: RM3.23 bn)
Market Breadth: ⬆️600 ⬇️586
Crude palm oil: RM3,898 (-RM61)

Dow Futures: 39,538 pts (-37 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