KLSE Traders Update and Ideas

Evening Market Summary - 2 Oct 2017

mplus313
Publish date: Mon, 02 Oct 2017, 05:29 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,754.78 pts (-0.80pts, -0.05%)

The FBM KLCI rebounded from its intra-day low, albeit still closing in the negative territory as investors retreated to the sidelines amid cautious market sentiment. Market breadth was bearish as losers outpaced winners on a ratio of 538-to-288 stocks, while selected technology counters like Pentamaster (+7.0 sen), Globetronics (+5.0 sen) and Inari (+1.0 sen) beat the general negative sentiment to close higher.

Top 3 Active stocks:
MLAB (0085): RM0.105 (-1.5 sen)
BORNOIL (7036): RM0.095 (unch)

STERPRO (0140): RM0.205 (+1.0 sen)

Volume: 2.23 bln (100-day avg vol: 2.22 bln)
Value: RM1.74 bln
Market Breadth: ?:288?:538
Crude palm oil: RM2,662 (-RM33)

Dow Futures: 22,373 pts (+27 pts)

Source: Bloomberg, M+ Online


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