KLSE Traders Update and Ideas

Evening Market Summary - 1 Aug 2016

mplus313
Publish date: Mon, 01 Aug 2016, 05:54 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,665.23 pts (+11.97 pts, +0.72%). 

Overall market sentiments were positive and the FBM KLCI trended higher above the 1,660 level as buying support picked up among selected banking heavyweights like Public Bank (+18.0 sen) and CIMB (+11.0 sen) – the latter on the back of stronger earnings from the Indonesian unit. Also, stocks under ACE market and technology sector were traded positively; OPENSYS (+2.0 sen), VIVOCOM (+1.5 sen), INARI (+5.0 sen) and UNISEM (+5.0 sen).

Top 3 Active stocks:
THHEAVY (7206): RM0.23 (+1.0 sen)
VIVOCOM (0069): RM0.29 (+1.5 sen) 

M3TECH (0017): RM0.135 (+1.5 sen)

Volume: 1.78 bln (3-month avg vol: 1.61 bln) 
Value: RM 2.02 bln 
Market Breadth: ?:426 ?:323
Crude palm oil: RM2,333 (+RM17)

Dow Futures: 18,403 pts (+41pts) 

Source: Bloomberg, M+ Online


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