KLSE Traders Update and Ideas

Evening Market Summary - 17 Apr 2018

mplus313
Publish date: Tue, 17 Apr 2018, 05:34 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,880.49 pts (+1.73pts, +0.09%)

The FBM KLCI inched higher after trading mostly in the positive territory, lifted by buying-interest in Petronas-linked companies. Market breadth was negative with 506 losers vs 424 winners, while 394 stocks flatlined. Steel players like Press Metal (+16.0 sen), Ann Joo Resources (+8.0 sen) and Southern Steel (+6.0 sen) meanwhile rallied on Tuesday.

Top 3 Active stocks:
SAPNRG (5218): RM0.77 (+0.5 sen)
PUC (0007): RM0.27 (+1.5 sen)

UMWOG (5243): RM0.30 (-1.5 sen)

Volume: 3.09 bln (100-day avg vol: 2.88 bln)
Value: RM2.79 bln
Market Breadth: ?:424 ?:506
Crude palm oil: RM2,386 (+RM17)

Dow Futures: 24,682 pts (+119 pts)

Source: Bloomberg, M+ Online


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