13 August 2020

The FBM KLCI index gained 19.78 points or 1.27% on Thursday. The Finance Index increased 1.46% to 13388.56 points, the Properties Index up 0.60% to 636.24 points and the Plantation Index rose 0.76% to 7024.29 points. The market traded within a range of 15.25 points between an intra-day high of 1576.42 and a low of 1561.17 during the session.

Actively traded stocks include PHB, LUSTER, PWORTH, XOX, SAPNRG, LAMBO, MINHO-WC, NETX, BORNOIL and RGB. Trading volume decreased to 11666.10 mil shares worth RM4971.39 mil as compared to Wednesday’s 19158.02 mil shares worth RM7984.89 mil.

Leading Movers were HARTA (+44 sen to RM16.56), PETDAG (+50 sen to RM21.20), PBBANK (+40 sen to RM17.80), HAPSENG (+18 sen to RM8.38) and TOPGLOV (+50 sen to RM25.00). Lagging Movers were GENM (-1 sen to RM2.44), MISC (-1 sen to RM7.87), SIME (-0 sen to RM2.15), DIALOG (-0 sen to RM3.64) and AXIATA (-0 sen to RM3.15). Market breadth was positive with 607 gainers as compared to 491 losers.

KLCI halted its losing streak and closed higher at 1,576.42 points amid overnight rally in US market. The performance of our local bourse was buoyed by bargain hunting activities kicked in.

Source: JF Apex Securities Bhd

Disclaimer: This market commentary is provided by the above company and shall not be reproduced either in part or otherwise without the prior written consent of the said company. The opinions and information , special, punitive, indirect or otherwise, notwithstanding having been advised of the possibility of such damages.

18 June 2020

FGLD

Phillip Futures Daily Market Commentary (Economic Daily)

Source: Phillip Futures Pte Ltd

Disclaimer: This market commentary is provided by the above company and shall not be reproduced either in part or otherwise without the prior written consent of the said company. The opinions and information contained herein are based on available data believed to be reliable. This market commentary is updated at the end of each trading day.
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