KLSE Traders Update and Ideas

Evening Market Summary - 22 Nov 2016

mplus313
Publish date: Tue, 22 Nov 2016, 05:32 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,629.32 pts (+2.04pts, +0.13%)

The FBM KLCI ended higher by 0.1% after trading largely in the positive territory, in-tandem with the general positive trend seen in global stockmarkets. Meanwhile, crude oil prices also extended its rally on expectations of an output cut, ahead of the Organisation of Petroleum-Exporting Countries (OPEC) meeting next week. Market breadth was negative with 344 gainers and 410 decliners, while 366 traded unchanged. Top gainers of the day were BAT (+RM1.06), Petronas Gas (+30.0 sen) and Carlsberg (+24.0 sen).

Top 3 Active stocks:
FGV (5222): RM1.69 (-20.0 sen)
SUMATEC (1201): RM0.060 (unch)

HIBISCS (5199): RM0.28 (-0.5 sen) 

Volume: 1.50 bln (100-day avg vol: 1.67 bln)
Value: RM1.81 bln
Market Breadth: ?:344 ?:410
Crude palm oil: RM2,922 (+RM3)

Dow Futures: 18,973 pts (+63 pts)

Source: Bloomberg, M+ Online


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