KLSE Traders Update and Ideas

Evening Market Summary - 24 Aug 2017

mplus313
Publish date: Thu, 24 Aug 2017, 05:28 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,775.50 pts (+2.56pts, +0.14%)

Despite the continued weakness in major banks, the FBM KLCI rebounded from earlier losses, on the back of last-minute buying support in selected heavyweights. Market breadth turned positive with 433 winners to 414 losers, while 366 stocks finished unchanged. Notable gainers include plantations-related counters like IOI Corporation (+14.0 sen), Cepatwawasan (+4.5 sen) and Batu Kawan (+2.0 sen).

Top 3 Active stocks:
APFT (5194): RM0.025 (-0.5 sen)
PALETTE (0005): RM0.11 (+3.0 sen)

MLAB (0085): RM0.24 (-2.0 sen)

Volume: 2.13 bln (100-day avg vol: 2.48 bln)
Value: RM1.98 bln
Market Breadth: ?:433 ?:414
Crude palm oil: RM2,770 (+RM32)

Dow Futures: 21,819 pts (+24 pts)

Source: Bloomberg, M+ Online


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