KLSE Traders Update and Ideas

Evening Market Summary - 24 Jun 2024

mplus313
Publish date: Mon, 24 Jun 2024, 05:52 PM
mplus313
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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


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