KLSE Traders Update and Ideas

Evening Market Summary - 15 May 2017

mplus313
Publish date: Mon, 15 May 2017, 05:30 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,778.65 pts (+2.78pts, +0.16%)

Despite trading in the red for the most part of the day, the key-index finished slightly above 1,778.0 pts on last-minute buying support in selected blue chips. Market breath was muted as losers beat winners on a ratio of 508-to-421. O&G stocks like Senergy (+3.0 sen), Hibiscs (+2.0 sen) and Barakah (+1.0 sen), meanwhile, notched gains on Monday.

Top 3 Active stocks:
IWCITY (1589): RM2.13 (+49.0 sen)
DNEX (4456): RM0.57 (-5.5 sen)

GLOTEC (5220): RM0.055 (-0.5 sen)

Volume: 3.74 bln (100-day avg vol: 2.79 bln)
Value: RM3.00 bln
Market Breadth: ?:421 ?:508
Crude palm oil: RM2,678 (+RM27)

Dow Futures: 20,887 pts (+39 pts)

Source: Bloomberg, M+ Online


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