KLSE Traders Update and Ideas

Evening Market Wrap – 5 May 16

mplus313
Publish date: Thu, 05 May 2016, 06:27 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,645.09 pts (-12.49 pts, -0.75%). 
After a sharp recovery on Wednesday, selling pressure emerged on the FBM KLCI, tracking the weaker performance from the overnight Dow. The FBM KLCI ended lower led by Genting Malaysia (-16.0 sen), Petronas Chemical (-10.0 sen) and IOI Corp (-12.0 sen). Meanwhile, metals related counters like A-RANK (+4.0 sen) and Hiap Teck (+1.5 sen) were traded positively. 
 
Top 3 Active stocks:
HHHCORP (0160): RM0.12 (+0.5 sen)
VIVOCOM (0069): RM0.34 (-0.5 sen)
SKPETRO (5218): RM1.62 (+3.0 sen)

Volume: 1.40 bln (3-month avg vol: 1.70 bln) 
Value: RM1.62 bln 
Market Breadth: ⬆:332, ⬇:415
Crude palm oil: RM2,641 (+RM25)
Dow Futures: 17,671 pts (+90 pts) 

Source: Bloomberg, M+ Online


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NavinShah

Why no mention of MAA BHD.Talk of the town.

2016-05-05 20:47

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