KLSE Traders Update and Ideas

Evening Market Summary - 16 Aug 2017

mplus313
Publish date: Wed, 16 Aug 2017, 05:35 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,773.75 pts (+1.36pts, +0.08%)

The FBM KLCI closed with shallow gains, as investors look forward to the latest Federal Reserve minutes to gauge the likelihood of an interest rate hike in December. Market breadth remains bullish as winners beat losers on a ratio of 529-to-295 stocks, while 368 counters flatlined. Meanwhile, Ace-market counters like Visdynamics (+11.0 sen), MMSV (+6.0 sen) and Aemulus (+5.0 sen) advanced.

Top 3 Active stocks:
MTOUCHE (0092): RM0.345 (-9.0 sen)
MLAB (0085): RM0.205 (unch)

SYSTECH (0050): RM0.455 (+4.0 sen)

Volume: 1.72 bln (100-day avg vol: 2.59 bln)
Value: RM1.80 bln
Market Breadth: ?:529 ?:295
Crude palm oil: RM2,621 (-RM25)

Dow Futures: 22,028 pts (+51 pts)

Source: Bloomberg, M+ Online


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