KLSE Traders Update and Ideas

Evening Market Summary - 6 Jun 2016

mplus313
Publish date: Mon, 06 Jun 2016, 06:56 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,648.99 pts (+12.53 pts, +0.77%). 
Following the surge of the FBM KLCI above the 1,630 level last week, buying interest extended on the key index, boosting it higher above the EMA20 level led by Maybank (+15.0 sen) and Axiata (+17.0 sen). Most of metal related shares like MYCRON (+4.5 sen) and MELEWAR (+2.5 sen) were traded actively into the positive region. 
 
Top 3 Active stocks:
AEM (7146): RM0.16 (+0.5 sen)
CAP (5229): RM0.05 (unch)
AIRASIA (5099): RM2.55 (+8.0 sen) 

Volume: 1.29 bln (3-month avg vol: 1.71 bln) 
Value: RM1.35 bln 
Market Breadth: ⬆:345 ⬇:432
Crude palm oil: RM2,665 (-RM1)
Dow Futures: 17,812 pts (+12 pts) 

Source: Bloomberg, M+ Online


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