KLSE Traders Update and Ideas

Evening Market Summary - 29 Nov 2017

mplus313
Publish date: Wed, 29 Nov 2017, 05:18 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,720.38 pts (+5.96pts, +0.35%)

Tracking the strong close in Wall Street last night, the FBM KLCI ended higher, on the back of bargain-hunting in selected blue chips.  However, market breadth was still negative with 477 losers against 400 winners, while notable gainers include construction stocks like Mitrajaya (+7.5 sen), Sunway Construction (+5.0 sen) and Econpile (+2.0 sen). 

Top 3 Active stocks:
UMWOG (5243): RM0.325 (+1.0 sen)
TRIVE (0118): RM0.055 (-0.5 sen)

DGSB (0131): RM0.085 (+0.5 sen)

Volume: 1.96 bln (100-day avg vol: 2.28 bln)
Value: RM2.80 bln
Market Breadth: ?:400 ?:477
Crude palm oil: RM2,562 (-RM25)

Dow Futures: 23,849 pts (+38 pts)

Source: Bloomberg, M+ Online


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