KLSE Traders Update and Ideas

Evening Market Summary - 3 Jul 2017

mplus313
Publish date: Mon, 03 Jul 2017, 05:36 PM
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,768.67 pts (+5.00pts, +0.28%)

The FBM KLCI recovered earlier losses to close in the green, on the back of bargain-hunting activities in selected heavyweights amid higher crude oil prices. Market breadth was muted as losers edged winners on a ratio of 448-to-419, while 360 stocks flatlined. Meanwhile, Petronas-linked companies like Petronas Gas (+26.0 sen), Petronas Dagangan (+22.0 sen) and Petronas Chemicals (+20.0 sen) finished higher on Monday, as crude oil prices rallied for the eighth-straight session.

Top 3 Active stocks:
FRONTKEN (0128): RM0.34 (+3.5 sen)
BORNOIL (7036): RM0.115 (+1.0 sen)

HIAPTEK (5072): RM0.40 (+1.5 sen)

Volume: 1.76 bln (100-day avg vol: 3.01 bln)
Value: RM1.74 bln
Market Breadth: ?:419 ?:448
Crude palm oil: RM2,498 (+RM39)

Dow Futures: 21,354 pts (+54 pts)

Source: Bloomberg, M+ Online


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