KLSE Traders Update and Ideas

Evening Market Summary - 24 Sept 2024

mplus313
Publish date: Tue, 24 Sep 2024, 05:21 PM
mplus313
0 3,854
This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,670.37 pts (+5.07pts, +0.30%)

The FBM KLCI (+0.30%) rebounded despite a volatile trading session as Utilities heavyweights, namely TENAGA, boosted sentiment on the local front after securing a new deal to supply 100 MW to Singapore. Also, China's new economic stimulus program improved the sentiment in the Asian markets as a whole. Market breadth was positive, with gainers led losers by 558-to-549 stocks. In the broader market, the Utilities sector (+0.83%) was the best performer, led by TENAGA (+3.0 sen) and YTLPOWR (+7.0 sen), while the Technology sector (-1.66%) saw the largest decline.

Top 3 Active stocks:
99SMART (5326): RM2.160 (+17.0 sen)
AGX (0299): RM0.530 (-4.5 sen)

MYEG (0138): RM0.900 (-1.0 sen)

Volume: 3.51 bn (100-day avg vol: 4.60 bn)
Value: RM3.10 bn (100-day avg val: RM3.73 bn)
Market Breadth: ⬆️558 ⬇️549
Crude palm oil: RM3,986 (+RM9)

Dow Futures: 42,590 pts (+89 pts)

**Source: Bloomberg, M+ **


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.

More articles on KLSE Traders Update and Ideas
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment