KLSE Traders Update and Ideas

Evening Market Summary - 30 Nov 2016

mplus313
Publish date: Wed, 30 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: 1,619.12 pts (-7.81pts, -0.48%)

The FBM KLCI (-0.5%) was thrown in the negative territory, amid a weaker Ringgit vs the Greenback - due to portfolio reshuffling by fund managers.Market sentiment was depressed with 276 gainers vs 526 losers, while 315 counters closed unchanged. Rubber gloves-related counters like Topglove (+23.0 sen) and Hartalega (+20.0 sen) bucked the general market sentiment to close in the green.

Top 3 Active stocks:
AAX (5238): RM0.370 (+1.5 sen)
AXIATA (6888): RM4.19 (-1.3 sen)

RGB (0037): RM0.24 (unch)

Volume: 1.88 bln (100-day avg vol: 1.69 bln)
Value: RM3.23 bln
Market Breadth: ?:276 ?:526
Crude palm oil: RM3,069 (+RM19)

Dow Futures: 19,141 pts (+26 pts)

Source: Bloomberg, M+ Online


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