KLSE Traders Update and Ideas

Evening Market Summary - 15 Jul 2016

mplus313
Publish date: Fri, 15 Jul 2016, 05:58 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,668.40 pts (+13.62 pts, +0.82%). 

Finally, tracking the all-time-high position on the overnight Dow, the FBM KLCI managed to breach above the 1,660 resistance level, closed at the intra-day high for the day led by AXIATA (+22.0 sen), MAYBANK (+15.0 sen) and GENTING (+22.0 sen). Also, metal-related counters like EMETALL (+4.0 sen) and LBALUM (+2.5 sen) extended their uptrend intact formation. 

Top 3 Active stocks:
BORNOIL (7036): RM0.185 (unch) 
HIAPTEK (5072): RM0.255 (unch)

AAX (5238): RM0.40 (-0.5 sen)

Volume: 1.89 bln (3-month avg vol: 1. 61 bln) 
Value: RM1.92 bln 
Market Breadth: ?:476 ?:310
Crude palm oil: RM2,278 (+RM29)

Dow Futures: 18,407 pts (-20 pts) 

Source: Bloomberg, M+ Online


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