KLSE Traders Update and Ideas

Evening Market Wrap - 22 Apr 16

mplus313
Publish date: Fri, 22 Apr 2016, 06:07 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,717.96 pts (-3.51 pts, -0.20%)
Selling pressure on the FBM KLCI resumed and the key index ended in the negative territory led by Genting and Hong Leong Financial Group. Also, crude oil prices may consolidate sideways after a strong gapped up candle yesterday, which has put some pressure on the index heavyweights like SapuraKencana and Petronas Chemical. Nevertheless, construction sector stayed strong for the day – Oka Corporation increased 7.0 sen and Protasco up 4.0 sen.
 
Top 3 Active stocks:
AAX (5238): RM0.365 (-1.5 sen)
SUMATEC (1201): RM0.12 (-1.0 sen)

VIVOCOM (0069): RM0.315 (unch)

Volume: 1.64 bln (3-month avg vol: 1.70 bln) 
Value: RM1.65 bln 
Market Breadth: ⬆:378, ⬇:396
Crude palm oil: RM2,691 (-RM44)

Dow Futures: 17,887 pts (-12 pts)  

Source: Bloomberg, M+ Online


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