KLSE Traders Update and Ideas

Evening Market Summary - 13 Sept 2016

mplus313
Publish date: Tue, 13 Sep 2016, 05:29 PM
mplus313
0 3,803
This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,677.18 pts (-9.26 pts, -0.55%). 

After a volatile move in Wall Street last week on the back of mixed comments from the Fed’s officials, the FBM KLCI ended lower as selling pressure picked up below the 1,680 level led by AXIATA (-16.0 sen), CIMB (-16.0 sen) and RHBBANK (-8.0 sen). Also, overall broader market trended negatively with losers outpaced gainers by 637-to-206 stocks. Nevertheless, buying interest stayed intact within the metal-related stocks; MELWEAR and MYCRON jumped 14.0 sen and 12.0 sen respectively. 

Top 3 Active stocks:
MELEWAR (3778): RM0.54 (+14.0 sen)
KINSTEL (5060): RM0.055 (+1.0 sen) 

VIVOCOM (0069): RM0.205 (-1.0 sen)

Volume: 1.36 bln (3-month avg vol: 1.74 bln) 
Value: RM1.51 bln 
Market Breadth: ?:206 ?:637
Crude palm oil: RM2,609 (-RM31)

Dow Futures: 18,116 pts (-130 pts) 

Source: Bloomberg, M+ Online


Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.

Related Stocks
Market Buzz
More articles on KLSE Traders Update and Ideas
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment