Highlights

KLSE Traders Update and Ideas

Author: mplus313   |   Latest post: Thu, 22 Feb 2018, 05:20 PM

 

Evening Market Summary - 22 Feb 2018

Author: mplus313   |  Publish date: Thu, 22 Feb 2018, 05:20 PM


FBM KLCI: 1,855.07 pts (-3.10pts, -0.17%)

The FBM KLCI closed on a downbeat note after lingering mostly in the negative territory, weighed down by mild selling-pressure in selected heavyweights. Market breadth was indifferent as 453 decliners edged 442 advancers. Meanwhile, rubber-gloves maker like Hartalega (-12.0 sen), Top Glove (-8.0 sen) and Comfort Gloves (-2.0 sen) declined on profit-taking activities.

Top 3 Active stocks:
AAX (5238): RM0.415 (+1.0 sen)
PDZ (6254): RM0.085 (+0.5 sen)

DGB (0152): RM0.165 (unch)

Volume: 2.34 bln (100-day avg vol: 2.94 bln)
Value: RM2.06 bln
Market Breadth: ?:442 ?:453
Crude palm oil: RM2,480 (-RM9)

Dow Futures: 24,666 pts (-116 pts)

Source: Bloomberg, M+ Online


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.

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Daily Market Update - 22 Feb 2018 (JOHOTIN, MBSB)

Author: mplus313   |  Publish date: Thu, 22 Feb 2018, 08:46 AM


Dow Jones: 24,797.78 pts (-166.97pts, -0.67%)
The eleventh hour selling pressure sent U.S. stockmarkets to erase all their intraday gains as the Dow (-0.7%) extended its losses overnight on concern over the prospect of faster-than-expected interest rate hikes. The immediate resistance is located at 25,500.

FBM KLCI: 1,858.17 pts (+2.18pts, +0.12%)
Despite opening lower at the start of the trading bell, the FBM KLCI (+0.1%) managed to recoup all its intraday losses to climb marginally higher in tandem with the positive sentiment across key regional indices. The immediate resistance is located at 1,870.

Crude Palm Oil: RM2,489 (+RM4, +0.16%)
Crude palm oil prices advanced but gains were limited on concern over the potential slow exports. The immediate resistance is envisaged around RM2,550.

WTI Crude Oil: $61.68 (-$0.22, -0.35%)
Crude oil prices retreated on the increasing U.S. inventory level that offset the cut in OPEC supply. The immediate resistance is located at US$63.

Gold: $1,324.63 (-$4.56, -0.34%)
Gold prices extended its losses after the U.S. Dollar advanced against a basket of currencies. The immediate support will be pegged around US$1,300.

Economic Releases:
MY - Malaysia's Inflation Rate, 12.00PM

Bursa Malaysia Trade Statistics - 21 Feb 18
Institutions:  Net SELL 14.6 mln (55.6%)
Retail:  Net BUY 37.5 mln (20.8%)
Foreign:  Net SELL 22.9 mln (23.6%)

Potential Momentum Stocks - 22 Feb 18 
Stock Name: JOHOTIN (7167)
Entry: Buy above RM1.26
Target: RM1.38 (9.5%), RM1.42 (12.7%)
Stop: RM1.16 (-7.9%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: MBSB (1171)
Entry: Buy above RM1.26
Target: RM1.35 (7.1%), RM1.38 (9.5%)
Stop: RM1.19 (-5.6%)
Shariah: No
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

 

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.

Labels: JOHOTIN, MBSB
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Evening Market Summary - 21 Feb 2018

Author: mplus313   |  Publish date: Wed, 21 Feb 2018, 05:19 PM


FBM KLCI: 1,858.17 pts (+2.18pts, +0.12%)

The FBM KLCI (+0.1%) inched into the positive territory, on the back of buying-support in banking heavyweights in the eleventh hour. Market breadth turned positive as winners surpassed losers on a ratio of 605-to-330 stocks. Notable gainers include steel-related players like A-Rank (+6.5 sen), Johore Tin (+5.0 sen), Hiap Teck (+1.5 sen).

Top 3 Active stocks:
HIBISCS (5199): RM0.965 (-1.5 sen)
SUMATEC (1201): RM0.08 (unch)

HUAAN (2739): RM0.575 (+1.0 sen)

Volume: 2.28 bln (100-day avg vol: 2.95 bln)
Value: RM2.53 bln
Market Breadth: ?:605 ?:330
Crude palm oil: RM2,489 (+RM4)

Dow Futures: 24,885 pts (-63 pts)

Source: Bloomberg, M+ Online


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.

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Daily Market Update - 21 Feb 2018 (WELLCAL, MMODE)

Author: mplus313   |  Publish date: Wed, 21 Feb 2018, 08:38 AM


Dow Jones: 24,964.75 pts (-254.63pts, -1.01%)
U.S. snapped a six-day winning streak overnight on higher bond yields coupled, stronger U.S. Dollar and the weaker-then-expected earnings from Wal-Mart sent the Dow (-1.0%) slipping below the 25,000 psychological level. The immediate resistance is located at 25,500.

FBM KLCI: 1,855.99 pts (-1.33pts, -0.07%)
The FBM KLCI (-0.1%) trended lower yesterday, in tandem with the weakness across Asia stockmarkets. The immediate resistance is located at 1,870.

Crude Palm Oil: RM2,485 (-RM30, -1.19%)
Crude palm oil prices retreated on expectation over high inventory level in March and April. The immediate resistance is envisaged around RM2,550.

WTI Crude Oil: $61.79 (+$0.11, +0.18%)
Crude oil prices climbed marginally higher but gains were limited due to the higher shale supply. The immediate resistance is located at US$67.

Gold: $1,329.19 (-$17.27, -1.28%)
Gold prices trended lower for the third straight session, dragged down by the appreciation of the Greenback against a basket of currencies. The immediate support will be pegged around US$1,300.

Economic Releases:
MY - Malaysia's Inflation Rate, 12.00PM
UK - United Kingdom's Unemployment Rate, 5.30PM

Bursa Malaysia Trade Statistics - 20 Feb 18
Institutions:  Net SELL 38.9 mln (57.1%)
Retail:  Net BUY 7.1 mln (23.4%)
Foreign:  Net BUY 31.8 mln (19.5%)

Potential Momentum Stocks - 21 Feb 18 
Stock Name: WELLCAL (7231)
Entry: Buy above RM1.58
Target: RM1.66 (5.1%), RM1.72 (8.9%)
Stop: RM1.52 (-3.8%)
Shariah: Yes
Technical: Flag-formation breakout

Stock Name: MMODE (0059)
Entry: Buy above RM0.345
Target: RM0.38 (10.1%), RM0.40 (15.9%)
Stop: RM0.32 (-7.2%)
Shariah: No
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

 

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.

Labels: WELLCAL, MMODE
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Evening Market Summary - 20 Feb 2018

Author: mplus313   |  Publish date: Tue, 20 Feb 2018, 05:18 PM


FBM KLCI: 1,855.99 pts (-1.33pts, -0.07%)

The FBM KLCI recovered some of its earlier losses, albeit still closing in the red, weighed down by negative sentiments from the offshore markets. Market breadth turned bearish with 556 losers against 409 winners, while 346 stocks flatlined. Semicon-players that outperformed its peers include Unisem (+15.0 sen), Pentamaster (+5.0 sen) and Globetronics (+4.0 sen).

Top 3 Active stocks:
HUAAN (2739): RM0.565 (+0.5 sen)
SUMATEC (1201): RM0.08 (unch)

AAX (5238): RM0.40 (+0.5 sen)

Volume: 2.28 bln (100-day avg vol: 2.95 bln)
Value: RM2.10 bln
Market Breadth: ?:409 ?:556
Crude palm oil: RM2,495 (-RM20)

Dow Futures: 25,096 pts (-140 pts)

Source: Bloomberg, M+ Online


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.

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Daily Market Update - 20 Feb 2018 (DESTINI, MHB)

Author: mplus313   |  Publish date: Tue, 20 Feb 2018, 08:45 AM


Dow Jones: 25,219.38 pts (+19.01pts, +0.08%)
U.S. stockmarkets were closed for the President Day public holiday. The immediate resistance is located at 25,500.

FBM KLCI: 1,857.32 pts (+19.04pts, +1.04%)
The FBM KLCI (+1.0%) resumes trading with a sturdy manner, buoyed by the positive sentiment across global equities. The immediate resistance is located at 1,870.

Crude Palm Oil: RM2,515 (+RM9, +0.36%)
Crude palm oil prices edged higher in anticipation over the high exports for February 2018. The immediate resistance is envisaged around RM2,550.

WTI Crude Oil: $61.68 (+$0.34, +0.56%)
Crude oil prices trended higher for the fourth straight session, after several major oil producers pledged their support to tighten supplies throughout 2018. The immediate resistance is located at US$67.

Gold: $1,346.46 (-$0.50, -0.04%)
Gold prices extended its losses as investors await for the U.S. Federal Reserve on monetary policy decision. The immediate support will be pegged around US$1,300.

Bursa Malaysia Trade Statistics - 19 Feb 18
Institutions:  Net SELL 129.0 mln (49.7%)
Retail:  Net SELL 35.3 mln (27.6%)
Foreign:  Net BUY 164.3 mln (22.7%)

Potential Momentum Stocks - 20 Feb 18 
Stock Name: DESTINI (7212)
Entry: Buy above RM0.63
Target: RM0.67 (6.3%), RM0.69 (9.5%)
Stop: RM0.605 (-4.0%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: MHB (5186)
Entry: Buy above RM0.865
Target: RM0.925 (6.9%), RM0.98 (13.3%)
Stop: RM0.81 (-6.4%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

 

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.

Labels: DESTINI, MHB
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ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 AAX 0.415+0.01 
 TOYOINK-WA 0.10+0.095 
 PDZ-WB 0.05+0.005 
 PDZ 0.085+0.005 
 DGB 0.1650.00 
 SAPNRG 0.695+0.005 
 PUC 0.265-0.005 
 HUAAN 0.57-0.005 
 KRETAM 0.855+0.015 
 HIBISCS 0.97+0.005 
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