KLSE Traders Update and Ideas

Evening Market Summary - 11 July 2016

mplus313
Publish date: Mon, 11 Jul 2016, 05:32 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,653.87 pts (+9.33 pts, +0.57%). 

With the overnight U.S. stockmarkets trended strongly above the 18,000 psychological level on the back of the better-than-expected jobs data, the FBM KLCI follow suit and traded into the positive region as most of the index heavyweights closed higher. Also, semiconductor stocks like DUFU (+2.0 sen) and PENTA (+3.0 sen) were in focused, while metal-related stocks such as EMETALL (+5.5 sen) and LBALUM (+2.5 sen) closed higher. 

Top 3 Active stocks:
BORNOIL (7036): RM0.185 (unch) 
MYEG (0138): RM1.79 (-8.0 sen)

VIVOCOM (0069): RM0.255 (+1.5 sen)

Volume: 1.61 bln (3-month avg vol: 1.62 bln) 
Value: RM1.60 bln 
Market Breadth: ?:439 ?:327
Crude palm oil: RM2,249 (+RM8)

Dow Futures: 18,098 pts (+60 pts) 

Source: Bloomberg, M+ Online


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