KLSE Traders Update and Ideas

Evening Market Summary - 2 Nov 2016

mplus313
Publish date: Wed, 02 Nov 2016, 05:24 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,659.60 pts (-11.33 pts, -0.68%)

Tracking the weaker sentiments on Wall Street, share prices on Bursa Malaysia went through few rounds of selling activities – the FBM KLCI trended lower and closed below 1,660 led by AXIATA (-13.0 sen), CIMB (-10.0 sen) and GENM (-10.0 sen).  Market breadth was negative and there were three losers for every gainer across the board. However, selected construction stocks like KIMLUN (+4.0 sen) and EKOVEST (+4.0 sen) noticed some buying interest. 

Top 3 Active stocks:
HIBISCS (5199): RM0.305 (-1.0 sen)
FGV (5222): RM1.82 (-14.0 sen)

WCT (9679): RM1.83 (+8.0 sen) 

Volume: 1.68 bln (3-month avg vol: 1.74 bln) 
Value: RM1.98 bln 
Market Breadth: ?:206 ?:658
Crude palm oil: RM2,745 (+RM13)

Dow Futures: 17,892 pts (-47 pts) 

Source: Bloomberg, M+ Online


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