KLSE Traders Update and Ideas

Evening Market Summary - 31 May 2016

mplus313
Publish date: Tue, 31 May 2016, 09:19 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,626.00 pts (-3.87 pts, -0.24%)
Another down day on the FBM KLCI amid selling activities from foreigners, coupled with the MSCI index rebalancing that will be implemented as of the close of 31st May 2016. Market breadth are still negative with decliners outpaced the advancers with a ratio of 434-to-356 stocks. However, some small caps and lower liners were traded positively; TEXCYCL (+8.0 sen) and MINHO (+7.0 sen).
 
Top 3 Active stocks:
ARMADA (5210): RM0.65 (-3.0 sen)
CIMB (1023): RM4.39 (unch)
MAYBANK (1155): RM8.16 (-7.0 sen)

Volume: 2.69 bln (3-month avg vol: 1.71 bln) 
Value: RM6.71 bln 
Market Breadth: ⬆:356 ⬇:434
Crude palm oil: RM2,620 (+RM20)
Dow Futures: 17,871 pts (+22 pts) 

Source: Bloomberg, M+ Online


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