FBM KLCI: 1,635.84 pts (+3.65 pts, +0.22%).
The FBM KLCI dived almost 18 pts at the opening bell towards an intra-day low of 1,614.40 pts before bargain hunting activities emerged, recouping earlier losses to end in the green territory led by selected Petronas related counters like Petronas Chemical (+31.0 sen) and Petronas Gas (+40.0 sen). Once again, traders were focusing on the steel and metal related segments like Leader Steel (+3.5 sen) and Prestar Resources (+5.5 sen).
Top 3 Active stocks:
AAX (5238): RM0.375 (unch)
VIVOCOM (0069): RM0.345 (unch)
AIRASIA (5099): RM2.05 (-5.0 sen)
Volume: 1.62 bln (3-month avg vol: 1.71 bln)
Value: RM2.05 bln
Market Breadth: ⬆:427, ⬇:362
Crude palm oil: RM2,653 (-RM9)
Dow Futures: 17,743 pts (+99 pts)
Source: Bloomberg, M+ Online
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davidkkw79
Evening market Trap ?!
2016-05-10 20:25