KLSE Traders Update and Ideas

Evening Market Summary - 1 Oct 2024

mplus313
Publish date: Tue, 01 Oct 2024, 06:03 PM
mplus313
0 3,859
This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,656.39 pts (+7.48pts, +0.45%)

The FBM KLCI (+0.45%) rebounded after hitting an intraday low of around 1643, as bargain hunting emerged in selected banking heavyweights like PBBANK (+5.0 sen) and MAYBANK (+6.0 sen); continuing to boost sentiment on the local front. Additionally, market breadth was positive, with gainers outnumbering losers by 672-to-379 stocks. In the broader market, the Health Care sector (+1.91%) was the best performer, led by IHH (+8.0 sen) and HARTA (+13.0 sen), while the Energy sector (-0.44%) declined the most.

Top 3 Active stocks:
DNEX (4456): RM0.375 (+4.0 sen)
CAPITALA (5099): RM0.980 (-1.0 sen)

MYEG (0138): RM0.895 (+0.5 sen)

Volume: 2.55 bn (100-day avg vol: 4.55 bn)
Value: RM2.41 bn (100-day avg val: RM3.72 bn)
Market Breadth: ⬆️672 ⬇️379
Crude palm oil: RM4,009 (+RM14)

Dow Futures: 42,531 pts (-112 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