KLSE Traders Update and Ideas

Evening Market Summary - 9 Nov 2016

mplus313
Publish date: Wed, 09 Nov 2016, 05:29 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,647.62 pts (-16.20 pts, -0.97%)

Following the unexpected U.S. presidential election outcome, the FBM KLCI gave up all its previous session gains to close below the 1,660 level. Market breadth was overwhelmingly negative with 165 gainers, 807 losers, while 265 traded unchanged. Nevertheless, buying support were noted in selective construction stocks such as EKOVEST (+10.0 sen), MUHIBAH (+5.0 sen) which outperformed the negative broader market. 

Top 3 Active stocks:
RGB (0037): RM0.23 (-1.5 sen)
AAX (5238): RM0.43 (-0.5 sen) 

HIBISCS (5199): RM0.29 (-1.0 sen)

Volume: 2.51 bln (3-month avg vol: 1.69 bln) 
Value: RM2.39 bln 
Market Breadth: ?:165 ?:807
Crude palm oil: RM2,851 (+RM8)

Dow Futures: 18,206 pts (-262 pts) 

Source: Bloomberg, M+ Online


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