KLSE Traders Update and Ideas

Evening Market Summary - 8 Oct 2015

mplus313
Publish date: Thu, 08 Oct 2015, 06:46 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

M+Online: KLCI +2.95 pts (+0.17%) @1,692.20 pts. The FBM KLCI extended its gains by 0.2% for the fourth straight day as the key index re-tested the 1,700 psychological level on the intra-day basis. Besides the Trading/Services (+0.3%) and Properties (+0.1%) sub-indices, the lower liners were painted in red. On the FBM KLCI, there are 15 advancers, 12 decliners and 3 traded unchanged. WTI Crude oil price stood at US$47.91.

Volume: 2.29 bln (3-month avg vol: 1.87 bln) & Value: 2.67 bln :arrow_up::339, :arrow_down::520
FCPO-RM43@RM2,276/DowFut-74

Active stocks:
KNM-2.0sen@RM0.535, IFCAMSC+3.0sen@RM0.97, CAP@RM0.14, PERISAI-2.0sen@RM0.365

Potential stocks:

RUBEREX +2.5sen@RM0.76, price experienced a breakout above the RM0.75 level with high volumes. The MACD Histogram has extended another green bar, but the RSI is slightly overbought.

PASUKGB +1.0sen@RM0.195, price formed a breakout-pullback-continuation pattern above the EMA9 level with improved volumes. The MACD Histogram has turned green, but the RSI is slightly overbought.

MUHIBAH +11.0sen@RM2.25, price experienced a breakout above the RM2.16 level with high volumes. The MACD Histogram has extended another green bar, while the RSI is approaching the overbought level.

Source: Bloomberg, M+ Online

 

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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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