KLSE Traders Update and Ideas

Evening Market Summary - 18 Jul 2016

mplus313
Publish date: Mon, 18 Jul 2016, 05:42 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,670.84 pts (+2.44 pts, +0.15%). 

Despite the FBM KLCI trended sideways in the negative territory most of the time throughout the trading session, the key index managed to end in the green zone on the back of last minute buying support within telco heavyweights like MAXIS (+15.0 sen) and AXIATA (+10.0 sen).  Overall market sentiments were mildly positive as advancers were slightly ahead of the decliners by 401-to-392 stocks. 

Top 3 Active stocks:
EAH (0154): RM0.075 (-2.0 sen)
BORNOIL (7036): RM0.18 (-0.5 sen) 

HIBISCS (5199): RM0.205 (+2.0 sen)

Volume: 1.70 bln (3-month avg vol: 1. 62 bln) 
Value: RM1.65 bln 
Market Breadth: ?:401 ?:392
Crude palm oil: RM2,287 (+RM26)

Dow Futures: 18,453 pts (+36 pts) 

Source: Bloomberg, M+ Online


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