KLSE Traders Update and Ideas

Evening Market Summary - 15 Sept 2016

mplus313
Publish date: Thu, 15 Sep 2016, 05:41 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,652.99 pts (-8.40 pts, -0.51%). 

Selling activities extended on the FBM KLCI and the key index dropped below the support of 1,660. On the FBM KLCI, there were 24 losers, 5 gainers and 1 traded unchanged. However, market breadth was positive with gainers ahead of losers by 397-to-369 stocks. Also, positive buying interest were seen among some of the metal-related stocks like LBALUM (+8.5 sen) and CSCSTEL (+9.0 sen). 

Top 3 Active stocks:
SANICHI (0133): RM0.09 (+1.0 sen) 
STERPRO (0140): RM0.035 (unch)

LBALUM (9326): RM0.71 (+8.5 sen)

Volume: 1.33 bln (3-month avg vol: 1.73 bln) 
Value: RM2.32 bln 
Market Breadth: ?:397 ?:369
Crude palm oil: RM2,598 (+RM34)

Dow Futures: 17,950 pts (+30 pts) 

Source: Bloomberg, M+ Online


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