KLSE Traders Update and Ideas

Evening Market Summary - 7 Nov 2016

mplus313
Publish date: Mon, 07 Nov 2016, 05:55 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,650.59 pts (+2.35 pts, +0.14%)

Tracking the negative performance on the overnight Dow, the FBM KLCI started in the negative region, but managed to climb higher and returned to the positive zone led by Maybank (+16.0 sen) and Genting (+19.0 sen) before the trading break. Market sentiments, however were still slightly weak as market breadth stayed negative with 366 gainers, 388 losers, while 379 traded unchanged. Nevertheless, some of the government-related stocks like WCT (+4.0 sen) and DRBHCOM (+3.0 sen) ended positively. 

Top 3 Active stocks:
RGB (0037): RM0.245 (+2.5 sen)
NETX (0020): RM0.025 (+0.5 sen)

AAX (5238): RM0.43 (unch) 

Volume: 1.48 bln (3-month avg vol: 1.69 bln) 
Value: RM1.73 bln 
Market Breadth: ?:366 ?:388
Crude palm oil: RM2,788 (+RM52)

Dow Futures: 18,044 pts (+239 pts) 

Source: Bloomberg, M+ Online


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