KLSE Traders Update and Ideas

Evening Market Summary - 28 Oct 2016

mplus313
Publish date: Fri, 28 Oct 2016, 06:03 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,670.27 pts (+1.24 pts, +0.07%)

After a mixed trading session throughout the day, the FBM KLCI managed to rebound and ended marginally higher above the 1,670 level led by Tenaga Nasional on the back of better-than-expected earnings. However, market breadth was negative with decliners ahead of advancers by 428-to-335 stocks. Nevertheless, selected consumer stocks like SASBADI (+5.0 sen) trended higher after it has bagged a RM3.85 mln contract from the Education Ministry.

Top 3 Active stocks:
XOX (0165): RM0.135 (-1.5 sen)
RGB (0037): RM0.21 (+1.0 sen)

KINSTEL (5060): RM0.03(-2.5 sen) 

Volume: 1.48 bln (3-month avg vol: 1.76 bln) 
Value: RM1.66 bln 
Market Breadth: ?:335 ?:428
Crude palm oil: RM2,796 (+RM10)

Dow Futures: 18,065 pts (-17 pts) 

Source: Bloomberg, M+ Online


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