KLSE Traders Update and Ideas

Evening Market Summary - 7 Apr 2017

mplus313
Publish date: Fri, 07 Apr 2017, 05:19 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,741.72 pts (+2.16pts, +0.12%)

Late buying support in selective banking heavyweights lifted the FBM KLCI (+0.1%) higher in tandem with gains in major key regional indices. Market breadth stayed negative with 425 winners to 535 losers, while 373 counters flatlined. Meanwhile, FBM ACE stocks like Plastrade Technology (+9.0 sen), HSS Engineers (+4.5 sen) and AppAsia (+3.5 sen) continue to outperform its peers.

Top 3 Active stocks:
IRIS (0010): RM0.185 (+3.0 sen)
SKH (0060): RM0.155 (+1.5 sen)

NETX (0020): RM0.04 (+1.0 sen)

Volume: 5.22 bln (100-day avg vol: 2.32 bln)
Value: RM3.39 bln
Market Breadth: ?:425 ?:535
Crude palm oil: RM2,640 (-RM68)

Dow Futures: 20,586 pts (-19 pts)

Source: Bloomberg, M+ Online


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