KLSE Traders Update and Ideas

Evening Market Summary - 9 Aug 2016

mplus313
Publish date: Tue, 09 Aug 2016, 05:35 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,671.71 pts (-0.97 pts, -0.06%). 

Despite most of the regional stockmarkets trended positively, the FBM KLCI took a pause and ended marginally lower at 1,671.71 pts (-0.97 pts), tracking the movements on Wall Street. However, market breadth was positive with advancers led decliners with 405-to-360 stocks, accompanied by overall transacted volumes of 2.10 bln shares. Also, metal related stocks like ANNJOO (+4.0 sen) and LSTEEL (+2.5 sen) traded higher. 

Top 3 Active stocks:
MBSB (1171): RM0.885 (-3.5 sen)
THHEAVY (7206): RM0.16 (-1.0 sen)

XDL (5156): RM0.035 (unch) 

Volume: 2.10 bln (3-month avg vol: 1.66 bln) 
Value: RM 1.83 bln 
Market Breadth: ?:405 ?:360
Crude palm oil: RM2,482 (+RM43)

Dow Futures: 18,467 pts (+7 pts) 

Source: Bloomberg, M+ Online


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