KLSE Traders Update and Ideas

Evening Market Summary - 28 Dec 2016

mplus313
Publish date: Wed, 28 Dec 2016, 05:28 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,630.30 pts (+10.62pts, +0.66%)

The FBM KLCI (+0.7%) extended its gains for the second-straight day, amid window dressing activities and buying-support in selected blue chips in the eleventh hour. Market breadth turned positive as 416 winners outweighed 287 decliners, while 345 counters ended unchanged. O&G shares such as Deleum (+5.5 sen), Dayang (+4.0 sen) and Hibiscus Petroleum (+2.5 sen) rose in-tandem with the stronger crude oil prices.

Top 3 Active stocks:
PERISAI (0047): RM0.09 (+1.5 sen)
HIBISCS (5199): RM0.40 (+2.5 sen)

KFM (8303): RM0.18 (+9.0 sen)

Volume: 1.41 bln (100-day avg vol: 1.60 bln)
Value: RM1.45 bln
Market Breadth: ?:416 ?:287
Crude palm oil: RM3,144 (+RM16)

Dow Futures: 19,902 pts (+26 pts)

Source: Bloomberg, M+ Online


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