KLSE Traders Update and Ideas

Evening Market Summary - 17 May 2017

mplus313
Publish date: Wed, 17 May 2017, 05:33 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,775.65 pts (-2.50pts, -0.14%)

The FBM KLCI (-0.1%) descended for the second-straight day, in-tandem with the bearish sentiment in the regional stockmarkets. Similarly, the lower liners were also splashed in red, due to profit-taking amid the lack of fresh trading catalysts. Market breath was muted with 473 losers vs 417 winners, while 400 stocks flatlined. Plastic manufacturers like Scientex (+14.0 sen), Daibochi (+7.0 sen) and SCGM (+4.0 sen, meanwhile, beat the general market sentiment to close higher on Wednesday.

Top 3 Active stocks:
PWORTH (7123): RM0.29 (+4.0 sen)
NETX (0020): RM0.07 (-0.5 sen)

GLOTEC (5220): RM0.06 (+0.5 sen)

Volume: 3.45 bln (100-day avg vol: 2.84 bln)
Value: RM2.88 bln
Market Breadth: ?:417 ?:473
Crude palm oil: RM2,628 (+RM18)

Dow Futures: 20,831 pts (-104 pts)

Source: Bloomberg, M+ Online


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firehawk

Dow futures -104 pts

2017-05-17 19:23

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