KLSE Traders Update and Ideas

Evening Market Summary - 30 Aug 2017

mplus313
Publish date: Wed, 30 Aug 2017, 05:22 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,773.16 pts (+12.02pts, +0.68%)

Tracking the recovery in the U.S. stockmarkets overnight, the FBM KLCI finished higher on Wednesday, lifted by strong buying-interest in selected heavyweights. Market breadth turned positive as winners outrun the losers on a ratio of 480-to-375 stocks. Financials-related stocks like CIMB (+38.0 sen), Hong Leong Bank (+18.0 sen) and Aeon Credit (+14.0 sen), meanwhile, notched gains, ahead of the long weekend.

Top 3 Active stocks:
HUAAN (2739): RM0.115 (+11.5 sen)
COMPUGT (5037): RM0.025 (-0.5 sen)

MLAB (0085): RM0.185 (-1.5 sen)

Volume: 1.83 bln (100-day avg vol: 2.41 bln)
Value: RM2.21 bln
Market Breadth: ?:480 ?:375
Crude palm oil: RM2,713 (-RM0)

Dow Futures: 21,901 pts (+27 pts)

Source: Bloomberg, M+ Online


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