KLSE Traders Update and Ideas

Evening Market Summary - 14 Sept 2017

mplus313
Publish date: Thu, 14 Sep 2017, 05:19 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,781.37 pts (-4.70pts, -0.26%)

The FBM KLCI slipped into the negative territory, alongside its regional peers as investors digested lower-than-expected Chinese economic data. Consequently, market breadth was negative as losers outpaced winners on a ratio of 492-to-397 stocks. Steel producers like Malaysia Steel (+5.0 sen), A-Rank (+2.0 sen) and Mycron (+1.5 sen), however, bucked the general bearish sentiment to close higher on Thursday.

Top 3 Active stocks:
MMAG (0034): RM0.205 (+1.0 sen)
MLAB (0085): RM0.105 (+0.5 sen)

L&G (3174): RM0.225 (+0.5 sen)

Volume: 1.89 bln (100-day avg vol: 2.30 bln)
Value: RM1.81 bln
Market Breadth: ?:492?:397
Crude palm oil: RM2,893 (+RM20)

Dow Futures: 22,108 pts (-4 pts)

Source: Bloomberg, M+ Online


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