KLSE Traders Update and Ideas

Evening Market Summary - 22 Aug 2016

mplus313
Publish date: Mon, 22 Aug 2016, 06:12 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,691.07 pts (+3.39 pts, +0.20%). 

Despite the FBM KLCI ended on a positive note as Astro (+11.0 sen), Axiata (+5.0 sen) and Petronas Chemical (+11.0 sen) were focused, overall market sentiments were on a profit taking mood and the market breadth was negative led by the ACE Market and lower liners. Decliners outpaced advancers by a ratio of 5-to-3 stocks. Nevertheless, selected properties stocks like PASDEC (+5.5 sen) and IBHD (+2.5 sen) were traded higher. 

Top 3 Active stocks:
DNEX (4456): RM0.245 (+0.5 sen) 
M3TECH (0017): RM0.105 (-3.0 sen)

DBE (7179): RM0.055 (+0.5 sen)

Volume: 1.85 bln (3-month avg vol: 1.75 bln) 
Value: RM 1.47 bln 
Market Breadth: ?:303 ?:533
Crude palm oil: RM2,538 (-RM40)

Dow Futures: 18,548 pts (+8 pts) 

Source: Bloomberg, M+ Online


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