KLSE Traders Update and Ideas

Evening Market Summary - 4 Aug 2016

mplus313
Publish date: Thu, 04 Aug 2016, 06:01 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,655.29 pts (+6.79 pts, +0.41%). 

With the sentiments recovering on the overseas stockmarkets, the FBM KLCI rebounded as buying support picked up among banking stocks like Maybank (+7.0 sen) and RHB Bank (+16.0 sen) after the sell down in the previous session. Also, most of the government-linked companies trended positively – MMCCORP (+6.0 sen), MRCB (+4.0 sen) and UEMS (+7.0 sen). 

Top 3 Active stocks:
M3TECH (0017): RM0.15 (unch)
HUBLINE (7013): RM0.005 (-0.5 sen) 

THHEAVY (7206): RM0.20 (+0.5 sen)

Volume: 2.05 bln (3-month avg vol: 1.62 bln) 
Value: RM 1.53 bln 
Market Breadth: ?:460 ?:326
Crude palm oil: RM2,446 (+RM31)

Dow Futures: 18,273 pts (+4 pts) 

Source: Bloomberg, M+ Online


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