KLSE Traders Update and Ideas

Evening Market Summary - 24 Jun 2024

mplus313
Publish date: Mon, 24 Jun 2024, 05:52 PM
mplus313
0 3,738
This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,589.66 pts (-0.71pts, -0.04%)

The FBM KLCI (-0.04%) ended lower as the index was dragged by selling pressure in the utilities heavyweights such as YTL and YTLPOWR. Also, the sentiment on Nasdaq turned softer as profit taking was observed in Nvidia. Meanwhile, the market breadth was negative as losers outnumbered gainers at 914-to-302 stocks. On the broader market, the construction sector (+0.39%) was the best performing sector led by GAMUDA (+16.0 sen) and GDB (+4.0 sen), while the health care sector (-2.36%) declined the most.

Top 3 Active stocks:
MYEG (0138): RM0.995 (-1.5 sen)
INGENIEU (5178): RM0.065 (+unch)

TECHBASE (8966): RM0.235 (+3.0 sen)

Volume: 5.01 bn (100-day avg vol: 4.42 bn)
Value: RM3.78 bn (100-day avg val: RM3.27 bn)
Market Breadth: ⬆️302 ⬇️914
Crude palm oil: RM3,899 (-RM1)

Dow Futures: 39,653 pts (+70 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