KLSE Traders Update and Ideas

Evening Market Summary - 28 Jun 2016

mplus313
Publish date: Tue, 28 Jun 2016, 05:38 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,634.04 pts (+4.52 pts, +0.28%). 

Post-Brexit selling pressure over the past few trading days has fizzled off and the FBM KLCI returned into the positive territory, forming a bullish engulfing bar on top of the 1,620 support level. Also, most of the lower liners traded higher as bargain hunting activities picked up strongly in the second session of trading; COMCORP added 5.5 sen, while DUFU and SALUTE rose 3.5 sen and 4.5 sen respectively. 

Top 3 Active stocks:
VIVOCOM (0069): RM0.245 (+2.0 sen) 
HIAPTEK (5072): RM0.21 (-2.0 sen)

SKPETRO (5218): RM1.42 (+10.0 sen)

Volume: 1.47 bln (3-month avg vol: 1.66 bln) 
Value: RM1.61 bln 
Market Breadth: ?:528 ?:268
Crude palm oil: RM2,378 (-RM1)

Dow Futures: 17,167 pts (+182 pts) 

Source: Bloomberg, M+ Online


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