KLSE Traders Update and Ideas

Evening Market Summary - 10 Nov 2016

mplus313
Publish date: Thu, 10 Nov 2016, 05:52 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,652.74 pts (+5.12 pts, +0.31%)

Tracking the strong rally on the overnight Wall Street, the FBM KLCI managed to rebound towards the 1,660 level amid strong bargain hunting activities. Market breadth was positive as most of the stocks rebounded into the green territory; advancers led decliners by a ratio of 650-to-207 stocks. Also, construction-related stocks like WCT (+11.0 sen) and EKOVEST (+19.0 sen) gained positively. 

Top 3 Active stocks:
VIVOCOM (0069): RM0.18 (+1.0 sen)
TAGB (5158): RM0.255 (+0.5 sen) 

RGB (0037): RM0.235 (+0.5 sen)

Volume: 1.64 bln (3-month avg vol: 1.68 bln) 
Value: RM2.09 bln 
Market Breadth: ?:650 ?:207
Crude palm oil: RM2,886 (+RM41)

Dow Futures: 18,643 pts (+111 pts) 

Source: Bloomberg, M+ Online


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