English
Back
Download
Log in to access Online Inquiry
Back to the Top

KLSE Daily Market Summary

KLSE Daily Market Summary
Market Slowly Improving
We’re observing signs of improvement in the market, with the Market Momentum tracker turning positive over the past few trading days and the breakdown narrowing. Both short-term and mid-term trend indicators are showing signs of improvement.
However, the overall market remains in negative territory, as most indicators continue to show bearish signs. For example, only 37% of stocks are above their short-term trend, and the breakout are still outnumbered by breakdown—a trend that has persisted since August.
In a notable development, the glove stocks made significant progress today, with the entire sector up 10% in a single day.

Hot stocks:
$TOPGLOV (7113.MY)$ $HARTA (5168.MY)$ $HTPADU (5028.MY)$ $ECOWLD (8206.MY)$ $TEOSENG (7252.MY)$ $MUIPROP (3913.MY)$
Follow Me on FB: Nigel Chong 庄证评
**If you found this update helpful, please give it a thumbs up and share. Your support motivates me to continue providing these daily summaries!**
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
28
1
+0
Translate
Report
766K Views
Comment
Sign in to post a comment
    Specialise in Growth stocks 🏆 FB: Nigel Chong 庄证评 🌟 Influenced by MM VCP Trading Style & WON CANSLIM 💯
    12K
    Followers
    87
    Following
    32K
    Visitors
    Follow