KLSE Traders Update and Ideas

Evening Market Summary - 7 Dec 2016

mplus313
Publish date: Wed, 07 Dec 2016, 05:26 PM
mplus313
0 3,760
This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,632.47 pts (+2.74pts, +0.17%)

Tracking the positive sentiment in the regional stockmarkets, the FBM KLCI finished 0.2% higher after lingering mostly in the green, ahead of the European Central Bank policy meeting. Crude oil prices, however, fell on Wednesday - led by worries that the planned OPEC production cut will be insufficient to offset oversupply in the market. Market sentiment was tepid with 414 decliners and 283 gainers, while 377 companies finished unchanged. Heavyweight advancers include Petronas Gas (+18.0 sen), Axiata (+12.0 sen) and Genting Malaysia (+9.0 sen).

Top 3 Active stocks:
APFT (5194): RM0.04 (-1.0 sen)
HIBISCS (5199): RM0.30 (-0.5 sen)

SMTRACK (0169): RM0.025 (-2.0 sen)

Volume: 1.04 bln (100-day avg vol: 1.68 bln)
Value: RM1.37 bln
Market Breadth: ?:283 ?:414
Crude palm oil: RM3,165 (-RM18)

Dow Futures: 19,256 pts (+24 pts)

Source: Bloomberg, M+ Online


Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment