Highlights

KLSE Traders Update and Ideas

Author: mplus313   |   Latest post: Fri, 21 Sep 2018, 05:38 PM

 

Evening Market Summary - 21 Sept 2018

Author: mplus313   |  Publish date: Fri, 21 Sep 2018, 05:38 PM


FBM KLCI: 1,810.64 pts (+6.94pts, +0.38%)

Tracking the bullish sentiments in global stockmarkets, the FBM KLCI closed higher on Friday amid the extended depreciation in the Greenback. Market breadth was positive as 477 winners beat 389 losers, while notable advancers were metal-related players like Press Metal (+14.0 sen), Ann Joo Resources (+6.0 sen) and Southern Steel (+5.0 sen). 

Top 3 Active stocks:
SAPNRG (5218): RM0.435 (-0.5 sen)
DIALOG (7277): RM3.56 (+1.0 sen)

MAYBANK (1155): RM9.79 (unch)

Volume: 2.07 bln (100-day avg vol: 2.46 bln)
Value: RM3.61 bln
Market Breadth: ⬆:477 ⬇:389
Crude palm oil: RM2,152 (+RM6)

Dow Futures: 26,792 pts (+65 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 Sept 2018 (HEVEA, EWINT)

Author: mplus313   |  Publish date: Fri, 21 Sep 2018, 08:36 AM


Dow Jones: 26,656.98 pts (+251.22pts, +0.95%)
U.S. stockmarkets notched fresh record high levels as the Dow rose 1.0%, boosted by a series of solid economic data. The immediate resistance is located at 27,000.

FBM KLCI: 1,803.70 pts (+2.99pts, +0.17%)
The FBM KLCI (+0.2%) edged higher yesterday, lifted by buying support in selected index heavyweights from foreign funds. The immediate support is located at 1,780.

Crude Palm Oil: RM2,146 (-RM12, -0.56%)
Crude palm oil prices recorded its fourth straight session of decline, in line with the weakness in soybean oil prices. The immediate support is located around RM2,100.

WTI Crude Oil: $70.32 (-$0.80, -1.12%)
Crude oil prices retreated after U.S. President Donald Trump urged OPEC members to increase production. The immediate resistance is located at US$72.

Gold: $1,207.18 (+$3.14, +0.26%)
Gold prices rose to near one-week high as the easing trade concern sent the U.S. Dollar depreciating against a basket of currencies. The immediate support will be pegged around US$1,150.

Bursa Malaysia Trade Statistics - 20Sep18
Institutions:  Net SELL 117.9 mln (48.2%)
Retail:  Net SELL 33.7 mln (22.8%)
Foreign:  Net BUY 151.6 mln (29.0%)

Potential Momentum Stocks - 21Sep18 
Stock Name: HEVEA (5095)
Entry: Buy above RM0.89
Target: RM0.965 (8.4%), RM1.06 (19.1%)
Stop: RM0.85 (-4.5%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: EWINT (5283)
Entry: Buy above RM1.08
Target: RM1.15 (6.5%), RM1.20 (11.1%)
Stop: RM1.03 (-4.6%)
Shariah: Yes
Technical: Channel 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: HEVEA, EWINT
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Evening Market Summary - 20 Sept 2018

Author: mplus313   |  Publish date: Thu, 20 Sep 2018, 06:04 PM


FBM KLCI: 1,803.70 pts (+2.99pts, +0.17%)

The FBM KLCI (+0.2%) finished higher for the second consecutive session despite thin trading volumes, boosted by the recovery in Ringgit and stronger crude oil prices. Market breadth was weak as decliners marginally beat the advancers on a ratio of 412-to-404 stocks. Meanwhile, notable gainers include O&G-related players like Hibiscus Petroleum (+8.0 sen), Dialog (+4.0 sen) and Sapura Energy (+1.0 sen).

Top 3 Active stocks:
SAPNRG (5218): RM0.44 (+1.0 sen)
HIBISCS (5199): RM1.09 (+8.0 sen)

D&O (7204): RM0.815 (+7.5 sen)

Volume: 1.94 bln (100-day avg vol: 2.47 bln)
Value: RM2.02 bln
Market Breadth: ⬆:404 ⬇:412
Crude palm oil: RM2,154 (-RM4)

Dow Futures: 26,478 pts (+16 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 Sept 2018 (NOTION, IDEAL)

Author: mplus313   |  Publish date: Thu, 20 Sep 2018, 09:02 AM


Dow Jones: 26,405.76 pts (+158.80pts, +0.61%)
U.S. stockmarkets extended their gains overnight as the Dow added 0.6%, after the Greenback retreated against a basket of currencies on expectation that U.S. and Canada could not agree on a new NAFTA deal. The immediate resistance is located at 26,600.

FBM KLCI: 1,800.71 pts (+7.77pts, +0.43%)
The FBM KLCI (+0.4%) recovered most of its previous session losses, in tandem with the positive sentiment across regional peers yesterday. The immediate support is located at 1,780.

Crude Palm Oil: RM2,158 (-RM40, -1.82%)
Crude palm oil prices retreated for the third straight session, dragged down by sluggish demand. The immediate support is located around RM2,150.

WTI Crude Oil: $71.12 (+$1.27, +1.82%)
Crude oil prices extended its gains after U.S. inventory level dropped to 3-year low. The immediate resistance is located at US$72.

Gold: $1,204.04 (+$5.68, +0.47%)
Gold prices rebounded above the US$1,200 psychological level after the U.S. Dollar retreated against a basket of currencies. The immediate support will be pegged around US$1,150.

Economic Releases:
JP - Japan's Inflation Rate, 7.30AM
UK - United Kingdom's Retail Sales, 4.30PM
US - United States' Existing Home Sales, 10.00PM

Bursa Malaysia Trade Statistics - 19Sep18
Institutions:  Net SELL 56.7 mln (45.1%)
Retail:  Net BUY 0.2 mln (23.4%)
Foreign:  Net BUY 56.5 mln (31.5%)

Potential Momentum Stocks - 20Sep18
Stock Name: NOTION (0083)
Entry: Buy above RM0.645
Target: RM0.70 (8.5%), RM0.73 (13.2%)
Stop: RM0.605 (-6.2%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: IDEAL (9687)
Entry: Buy above RM1.59
Target: RM1.73 (8.8%), RM1.87 (17.6%)
Stop: RM1.50 (-5.7%)
Shariah: Yes
Technical: Trendline 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: NOTION, IDEAL
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Evening Market Summary - 19 Sept 2018

Author: mplus313   |  Publish date: Wed, 19 Sep 2018, 05:23 PM


FBM KLCI: 1,800.71 pts (+7.77pts, +0.43%)

The FBM KLCI rebounded alongside its regional peers, closing firmly higher on bargain-hunting activities in selected banking heavyweights. Market breadth also turned positive as winners overtook the losers on a ratio of 502-to-368 stocks. Notable gainers, meanwhile, include Padini (+20.0 sen), Top Glove (+20.0 sen) and MI Equipment (+17.0 sen).

Top 3 Active stocks:
SAPNRG (5218): RM0.43 (-1.5 sen)
MYEG (0138): RM1.75 (+5.0 sen)

VC (0060): RM0.08 (+0.5 sen)

Volume: 2.01 bln (100-day avg vol: 2.47 bln)
Value: RM1.90 bln
Market Breadth: :arrow_up::502 :arrow_down::368
Crude palm oil: RM2,169 (-RM29)

Dow Futures: 26,303 pts (+2 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 - 19 Sept 2018 (AWC, POHUAT)

Author: mplus313   |  Publish date: Wed, 19 Sep 2018, 08:44 AM


Dow Jones: 26,246.96 pts (+184.84pts, +0.71%)
U.S. stockmarkets rebounded overnight as the Dow gained 0.7%, shrugging off the imposition of tariff on US$200.0 bln worth on Chinese good as technology stocks rallied. The immediate resistance is located at 26,600.

FBM KLCI: 1,792.94 pts (-10.82pts, -0.60%)
The FBM KLCI (-0.6%) was unable to hold its position above the 1,800 psychological level yesterday, dragged down by mounting concern over the Sino-U.S. trade spat. The immediate support is located at 1,780.

Crude Palm Oil: RM2,198 (-RM49, -2.18%)
Crude palm oil prices extended its losses to close marginally below the RM2,200 psychological level yesterday. The immediate support is located around RM2,150.

WTI Crude Oil: $69.85 (+$0.94, +1.36%)
Crude oil prices recovered all its previous session losses ahead of the U.S. inventory data. The immediate resistance is located at US$72.

Gold: $1,198.36 (-$3.10, -0.26%)
Gold prices retreated as investors’ appetite shifted to riskier assets. The immediate support will be pegged around US$1,150.

Economic Releases:
JP - Japan's Bank of Japan's Interest Rate Decision, 11.00AM
UK - United Kingdom's Inflation Rate, 4.30PM

Bursa Malaysia Trade Statistics - 18Sep18
Institutions:  Net SELL 18.8 mln (46.5%)
Retail:  Net BUY 19.9 mln (18.7%)
Foreign:  Net SELL 1.1 mln (34.8%)

Potential Momentum Stocks - 19Sep18 
Stock Name: AWC (7579)
Entry: Buy above RM0.775
Target: RM0.83 (7.1%), RM0.875 (12.9%)
Stop: RM0.725 (-6.5%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: POHUAT (7088)
Entry: Buy above RM1.40
Target: RM1.48 (5.7%), RM1.55 (10.7%)
Stop: RM1.35 (-3.6%)
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: AWC, POHUAT
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ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SAPNRG 0.435-0.005 
 DIALOG 3.56+0.01 
 MAYBANK 9.790.00 
 MYEG 1.79+0.03 
 HSI-H4O 0.405-0.06 
 LIONIND 1.02+0.10 
 VELESTO 0.28+0.01 
 LAYHONG-WA 0.255+0.005 
 HSI-C3P 0.41+0.07 
 CIMB 6.20+0.06 
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