KLSE Traders Update and Ideas

Evening Market Summary - 8 Aug 2016

mplus313
Publish date: Mon, 08 Aug 2016, 05:18 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,672.68 pts (+8.64 pts, +0.52%). 

Tracking the positive developments in Wall Street over the weekend, the FBM KLCI extended its gains, in line with the positive sentiment in key regional indices. Market sentiment remained positive as advancers outpaced decliners by a ratio of 455-to-370 stocks. Notable gainers were FBM Ace stocks such as BAHVEST (+6.0 sen) and REV (+5.5 sen) which attributed to the higher-than-average trading volumes with 2.63 bln shares exchanging hands.

Top 3 Active stocks:
MBSB (1171): RM0.92 (+7.5 sen)
HUBLINE (7013): RM0.005 (unch)

DBE (7179): RM0.05 (unch) 

Volume: 2.63 bln (3-month avg vol: 1.65 bln) 
Value: RM 1.85 bln 
Market Breadth: ?:455 ?:370
Crude palm oil: RM2,435 (+RM28)

Dow Futures: 18,502 pts (+48 pts) 

Source: Bloomberg, M+ Online


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