KLSE Traders Update and Ideas

Evening Market Summary - 1 June 2016

mplus313
Publish date: Fri, 01 Jul 2016, 05:56 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,646.22 pts (-7.86 pts, -0.48%). 

The FBM KLCI took a pause as profit taking activities emerged after the window dressing activities yesterday. The overall transacted volumes were still below the three-month average of 1.64 bln shares. Market breadth remained negative with decliners outpacing advancers by a ratio of 4:3. Nevertheless, some of the lower liners that are still uptrend intact like TRIPLC (+16.0 sen) and TEXCYCL (+9.0 sen) continues to trend higher.

Top 3 Active stocks:
BORNOIL (7036): RM0.16 (+1.0 sen) 
AAX (5238): RM0.38 (+1.0 sen)

TRIVE (0118): RM0.08 (+1.0 sen)

Volume: 1.13 bln (3-month avg vol: 1.64 bln) 
Value: RM1.13 bln 
Market Breadth: ?:295 ?:413
Crude palm oil: RM2,364 (+RM11)

Dow Futures: 17,780 pts (-39 pts) 

Source: Bloomberg, M+ Online


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