KLSE Traders Update and Ideas

Evening Market Summary - 3 Jun 2016

mplus313
Publish date: Fri, 03 Jun 2016, 07:25 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,636.46 pts (+5.93 pts, +0.36%). 
Tracking the gains on the overnight Dow, the FBM KLCI trended positively above the 1,630 level led by telco heavyweights like AXIATA (+11.0 sen) and MAXIS (6.0 sen). As market breadth remained positive, some of the gainers were export-related technology companies like INARI (+7.0 sen) and KESM (+74.0 sen), the latter posted a strong quarterly results. 
 
Top 3 Active stocks:
TIGER (7079): RM0.05 (-0.5 sen)
SALUTE (0183): RM0.905 (+7.0 sen)
AIRASIA (5099): RM2.47 (+2.0 sen) 

Volume: 1.30 bln (3-month avg vol: 1.73 bln) 
Value: RM1.45 bln 
Market Breadth: ⬆:402 ⬇:342
Crude palm oil: RM2,657 (+RM14)
Dow Futures: 17,829 pts (+4 pts) 

Source: Bloomberg, M+ Online


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