KLSE Traders Update and Ideas

Evening Market Summary - 11 Oct 2016

mplus313
Publish date: Tue, 11 Oct 2016, 05:12 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,668.72 pts (+3.40 pts, +0.20%)

Tracking the positive sentiments on Wall Street, coupled with the strong recovery in crude oil prices, the FBM KLCI ended higher led by oil and gas heavyweights like SapuraKencana (+5.0 sen). Other oil and gas stocks that closed positive include ARMADA (+1.5 sen) and UMWOG (+1.0 sen). Market breadth has turned positive with gainers ahead of losers by a ratio of 4-to-3. Also, technology related stocks were on a positive trend with DUFU rose 3.5 sen and PENTA jumped 7.0 sen. 

Top 3 Active stocks:
HIBISCS (5199): RM0.24 (+4.5 sen)
AT (0072): RM0.09 (+0.5 sen) 

PERISAI (0047): RM0.08 (+0.5 sen)

Volume: 1.56 bln (3-month avg vol: 1.80 bln) 
Value: RM1.89 bln 
Market Breadth: ?:440 ?:324
Crude palm oil: RM2,591 (+RM49)

Dow Futures: 18,223 pts (-36 pts) 

Source: Bloomberg, M+ Online


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