KLSE Traders Update and Ideas

Evening Market Summary - 27 Jun 2018

mplus313
Publish date: Wed, 27 Jun 2018, 05:21 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,666.08 pts (-9.78pts, -0.58%)

Tracking the broad decline in Asian stockmarkets, the FBM KLCI extended its losing streak for the third-straight session despite stronger crude oil prices. Market breadth was bearish as losers maintained the upper hand with 558 stocks against 278 winners. Meanwhile, selected construction-linked stocks like IJM (+4.0 sen), Gamuda (+3.0 sen) and Econpile (+2.0 sen) bucked the general downtrend to close higher on Wednesday.

Top 3 Active stocks:
SAPNRG (5218): RM0.635 (-1.5 sen)
BARAKAH (7251): RM0.12 (-2.5 sen)

BORNOIL (7036): RM0.07 (unch)

Volume: 2.01 bln (100-day avg vol: 2.58 bln)
Value: RM1.99 bln
Market Breadth: ⬆:278 ⬇:558
Crude palm oil: RM2,305 (+RM28)

Dow Futures: 24,111 pts (-192 pts)

Source: Bloomberg, M+ Online


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