KLSE Traders Update and Ideas

Evening Market Summary - 26 May 2016

mplus313
Publish date: Thu, 26 May 2016, 06:17 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,631.09 pts (+0.13 pts, +0.01%) 
The FBM KLCI fluctuated between the positive and negative region throughout the trading session, suggesting that the traders’ sentiments are on a cautious note; the FBM KLCI only rose marginally by 0.13 pts led by selected banking heavyweights like Maybank (+7.0 sen) and RHBCAP (12.0 sen). Market breadth is still negative, but some of the lower liners like KUB (+4.0 sen) and WZSATU (5.0 sen) were traded actively on a positive tone. 
 
Top 3 Active stocks:
EKA (7182): RM0.095 (-1.5 sen)
CAP (5229): RM0.05 (unch)
VIVOCOM (0069): RM0.285 (-0.5 sen)

Volume: 1.47 bln (3-month avg vol: 1.73 bln) 
Value: RM1.48 bln 
Market Breadth: ⬆:315 ⬇:475
Crude palm oil: RM2,580 (+RM35)
Dow Futures: 17,833 pts (+16 pts) 

Source: Bloomberg, M+ Online


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