KLSE Traders Update and Ideas

Evening Market Summary - 20 Oct 2016

mplus313
Publish date: Thu, 20 Oct 2016, 05:39 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,667.18 pts (-1.09 pts, -0.07%)

Tracking the positive tone on the overnight Dow, the FBM KLCI trended stronger, hitting an intra-day high of 1,671.49 pts. However, selling pressure kicked in and the key index fell marginally lower for the session led by MAYBANK (-10.0 sen) and GENTING (-14.0 sen). Market breadth stayed negative with 417 decliners, 342 advancers and 386 traded unchanged. Nevertheless, steel-related counters like MYCRON (+7.5 sen), MASTEEL (+4.0 sen) and ANNJOO (+6.0 sen).

Top 3 Active stocks:
HIBISCS (5199): RM0.26 (+2.5 sen)
NEXGRAM (0096): RM0.055 (-0.5 sen) 

AT (0072): RM0.035 (-0.5 sen)

Volume: 1.50 bln (3-month avg vol: 1.78 bln) 
Value: RM1.49 bln 
Market Breadth: ?:342 ?:417
Crude palm oil: RM2,716 (-RM16)

Dow Futures: 18,149 pts (+24 pts) 

Source: Bloomberg, M+ Online


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