KLSE Traders Update and Ideas

Evening Market Summary - 4 Nov 2015

mplus313
Publish date: Wed, 04 Nov 2015, 09:39 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

M+ Online Market Wrap – 4 Nov 15: KLCI +8.06 pts (+0.48%) @1,685.62 pts. Owing to the gains in O&G and financial heavyweights, the FBM KLCI extended its gains for the second consecutive session. Meanwhile, the lower liners and broader market also ended in the positive territory with the exception of Mining sub-index (-2.3%). On the FBM KLCI, there are 19 advancers, 5 decliners and 6 traded unchanged. WTI Crude oil price stood at US$47.84.

Volume: 2.67 bln (3-month avg vol: 2.18 bln) & Value: 2.47 bln; up 558, down 333
FCPO + RM52@RM2,362
Dow Futures +28

Active stocks:
HIBISCS +2.5sen@RM0.365, IDMENSN -1.0sen@RM0.11, TMS +0.5sen@RM0.105, KNM +0.5sen@RM0.53

Potential stocks:

RUBEREX +3.5sen@RM0.82, price continues to close above the EMA 9 level with surge in volumes. The MACD Histogram has extended another green bar.

YSPSAH +10.0sen@RM2.67, price broke above its RM2.65 resistance level with surge in volumes. The MACD Histogram has extended another green bar, while the RSI hovers above the 50 level.

LEESK +1.5sen@RM0.32, price surged above the EMA 9 level with improvement in volumes. The MACD Histogram has extended another green bar, while the RSI hovers above the 50 level.

Source: Bloomberg, M+ Online

 

 

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