KLSE Traders Update and Ideas

Evening Market Summary - 16 Mar 2017

mplus313
Publish date: Thu, 16 Mar 2017, 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: 1,737.14 pts (+19.78pts, +1.15%)

The FBM KLCI (+1.2%) rallied to its highest level since August 2015 after the U.S. Federal Reserve raised its interest rates, as widely anticipated. Market breadth was positive with 666 advancers and 286 decliners, while 360 stocks flatlined. Meanwhile, technology counters like KESM Industries (+20.0 sen), Pentamaster (+16.0 sen) and D&O Green Technologies (+8.0 sen) were amongst the notable advancers.

Top 3 Active stocks:
PWORTH (7123): RM0.21 (+1.0 sen)
BORNOIL (7036): RM0.185 (unch)

VIVOCOM (0069): RM0.16 (+0.5 sen)

Volume: 3.40 bln (100-day avg vol: 1.92 bln)
Value: RM3.62 bln
Market Breadth: ?:666 ?:286
Crude palm oil: RM2,796 (+RM55)

Dow Futures: 20,958 pts (+60 pts)

Source: Bloomberg, M+ Online


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