KLSE Traders Update and Ideas

Evening Market Summary - 17 May 2018

mplus313
Publish date: Thu, 17 May 2018, 05:24 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,854.44 pts (-3.82pts, -0.21%)

The FBM KLCI slipped into the red after succumbing to profit-taking in the eleventh hour, in-line with the weak market sentiment in key regional stockmarkets. Market breadth was negative with 570 underperforming stocks against 438 gainers, while construction stocks like George Kent (-43.0 sen), IJM (-25.0 sen) and Gamuda (-17.0 sen) were amongst the biggest losers on Thursday.

Top 3 Active stocks:
MYEG (0138): RM0.905 (-36.5 sen)
SAPNRG (5218): RM0.765 (-4.5 sen)

NEXGRAM (0096): RM0.035 (-1.5 sen)

Volume: 3.33 bln (100-day avg vol: 2.97 bln)
Value: RM3.78 bln
Market Breadth: ?:438 ?:570
Crude palm oil: RM2,425 (+RM11)

Dow Futures: 24,712 pts (-28 pts)

Source: Bloomberg, M+ Online


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