KLSE Traders Update and Ideas

Evening Market Summary - 26 Oct 2016

mplus313
Publish date: Wed, 26 Oct 2016, 05:22 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,673.92 pts (-3.51 pts, -0.21%)

Tracking the negative performance on the overnight Dow on the back of weaker consumer confidence, market sentiments on Bursa Malaysia turned negative led by IHH (-9.0 sen), CIMB (-7.0 sen) and GENM (-7.0 sen). Market breadth is negative with 496 declines, 285 advancers, while 387 traded unchanged. However, metal-related stocks were still under traders’ radar – MYCRON and PMETAL added 4.0 sen and 5.0 sen respectively, while MELEWAR up 2.0 sen.

Top 3 Active stocks:
AAX (5238): RM0.44 (+3.5 sen)
HIBISCS (5199): RM0.315 (+0.5 sen) 

THHEAVY (7206): RM0.14 (-2.0 sen)

Volume: 1.54 bln (3-month avg vol: 1.77 bln) 
Value: RM1.81 bln 
Market Breadth: ?:285 ?:496
Crude palm oil: RM2,798 (+RM38)

Dow Futures: 18,020 pts (-77 pts) 

Source: Bloomberg, M+ Online


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