KLSE Traders Update and Ideas

Evening Market Summary - 6 Apr 2016

mplus313
Publish date: Wed, 06 Apr 2016, 06:06 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,717.01 pts (-1.07 pts, -0.06%).
After trading in the green territory throughout the morning session, the FBM KLCI retreated from an intra-day high of 1,722.75 pts to end marginally lower at 1,717.01 pts led by SapuraKencana (-13.0 sen) and Genting (-16.0 sen). Still, the FBM KLCI is likely to trade within range between the 1,700-1,730 levels over the near term. Meanwhile, shipping counters like MAYBULK and SYSCORP were actively traded in the positive region.
 
Top 3 Active stocks:
AIRASIA (5099): RM1.90 (-7.0 sen)
BORNOIL (7036): RM0.155 (unch)
SKPETRO (5218): RM1.77 (-13.0 sen)

Volume: 1.60 bln (3-month avg vol: 1.80 bln)
Value: RM1.95 bln
Market Breadth: ⬆:359, ⬇:434
Crude palm oil: RM2,718 (-RM38)
Dow Futures: 17,579 pts (+52 pts)  
    
Source: Bloomberg, M+ Online

 

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