KLSE Traders Update and Ideas

Evening Market Summary - 27 May 2016

mplus313
Publish date: Fri, 27 May 2016, 07:01 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,637.19 pts (+6.10 pts, +0.37%)
The FBM KLCI fluctuated near the 1,630 level throughout the trading session before ending higher at the 1,637 level on the back of last minute buying interest within particular index heavyweights like Genting (+13.0 sen) and MISC (+7.0 sen). On the broader market, market breadth has turned slightly positive, with the Ace market index posting strong gains of 1.62%; BIOHLDG and KANGER added 1.0 sen and 2.0 sen respectively. 
 
Top 3 Active stocks:
AIRASIA (5099): RM2.40 (+28.0 sen)
AAX (5238): RM0.395 (+0.5 sen)
VIVOCOM (0069): RM0.305 (+2.0 sen)

Volume: 1.83 bln (3-month avg vol: 1.73 bln) 
Value: RM1.93 bln 
Market Breadth: ⬆:403 ⬇:390
Crude palm oil: RM2,576 (-RM3)
Dow Futures: 17,816 pts (-1 pts) 

Source: Bloomberg, M+ Online


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