KLSE Traders Update and Ideas

Evening Market Summary - 5 Sept 2016

mplus313
Publish date: Mon, 05 Sep 2016, 05:30 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,678.08 pts (+6.29 pts, +0.38%)
On the back of the positive weekly performance on Wall Street, the FBM KLCI managed to climb from the negative zone into the positive territory led by selected telco heavyweights like AXIATA (+13.0 sen) and MAXIS (+8.0 sen). Meanwhile, market breadth is positive with advancers leading decliners by 423-to-379 stocks. Also, metal-related stocks were higher amid strong buying interest; CHOOBEE, MASTEEL and CHINWEL increased 10.0 sen, 5.5 sen and 9.0 sen respectively. 
    
Top 3 Active stocks:
VIVOCOM (0069): RM0.23 (+1.0 sen)
AAX (5238): RM0.41 (+1.0 sen)

XDL (5156): RM0.035 (+0.5 sen)     

Volume: 1.56 bln (3-month avg vol: 1.76 bln) 
Value: RM 1.40 bln 
Market Breadth: ?:423 ?:379
Crude palm oil: RM2,637 (+RM42)

Dow Futures: 18,501 pts (+21 pts) 

Source: Bloomberg, M+ Online


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