KLSE Traders Update and Ideas

Evening Market Summary - 7 Jun 2016

mplus313
Publish date: Tue, 07 Jun 2016, 06:00 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,660.62 pts (+11.63 pts, +0.71%). 
The FBM KLCI extended its technical rebound towards the resistance of the 1,660 level led by oil and gas index heavyweights like PETGAS (+32.0 sen) and PCHEM (+12.0 sen) amid stronger crude oil price.  Most of the lower liners and small caps were traded positively; SALUTE (+4.5 sen), KUB (+2.5 sen) and AWC (+3.0 sen).
 
Top 3 Active stocks:
CAP (5229): RM0.05 (unch)
AIRASIA (5099): RM2.60 (+5.0 sen) 
SUMATEC (1201): RM0.11 (unch)

Volume: 1.94 bln (3-month avg vol: 1.72 bln) 
Value: RM2.12 bln 
Market Breadth: ⬆:551 ⬇:262
Crude palm oil: RM2,616 (-RM45)
Dow Futures: 17,979 pts (+64 pts) 

Source: Bloomberg, M+ Online


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