KLSE Traders Update and Ideas

Evening Market Summary - 6 Jan 2017

mplus313
Publish date: Fri, 06 Jan 2017, 05:25 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,675.49 pts (+15.67pts, +0.94%)

The FBM KLCI (+0.9%) ended the week firmly, on the back of buying support in telco and banking heavyweights, together with the stronger Ringgit and crude oil prices. Market breadth stayed positive, as advancers slightly outrun decliners on a ratio of 442-to-403. Construction players like WCT (+7.0 sen), Mudajaya (+2.0 sen) and Kimlun (+1.0 sen) gained momentum on Friday's close.

Top 3 Active stocks:
GPACKET (0082): RM0.305 (unch)
DBE (7179): RM0.045 (unch)

SUMATEC (1201): RM0.09 (-0.5 sen)

Volume: 1.97 bln (100-day avg vol: 1.58 bln)
Value: RM1.96 bln
Market Breadth: ?:442 ?:403
Crude palm oil: RM3,060 (-RM36)

Dow Futures: 19,812 pts (-9 pts)

Source: Bloomberg, M+ Online


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