KLSE Traders Update and Ideas

Evening Market Summary - 6 Apr 2018

mplus313
Publish date: Fri, 06 Apr 2018, 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: 1,837.01 pts (+0.88pts, +0.05%)

The FBM KLCI eked out gains despite lingering mostly in the red after Prime Minister Datuk Seri Najib Razak announced that the Parliament will be dissolved tomorrow, ahead of the 14th general election. Market breadth was in the red with 589 decliners against 382 advancers, while 364 stocks closed unchanged. Notable losers include property counters like IWCity (-5.0 sen), UOA Development (-5.0 sen) and Yong Tai (-2.0 sen).

Top 3 Active stocks:
UMWOG (5243): RM0.235 (unch)
SAPNRG (5218): RM0.50 (-2.0 sen)

BORNOIL (7036): RM0.08 (+0.5 sen)

Volume: 3.03 bln (100-day avg vol: 2.84 bln)
Value: RM2.34 bln
Market Breadth: ?:382 ?:589
Crude palm oil: RM2,494 (+RM22)

Dow Futures: 24,245 pts (-223 pts)

Source: Bloomberg, M+ Online


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