KLSE Traders Update and Ideas

Evening Market Summary - 12 Oct 2018

mplus313
Publish date: Fri, 12 Oct 2018, 05:36 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,730.74 pts (+22.25pts, +1.30%)

Tracking the rebound in the regional stockmarkets, the FBM KLCI closed 1.3% higher on Friday, lifted by bargain-hunting activities in selected banking heavyweights. Market breadth also recovered as winners overtook the losers on a ratio of 578-to-334 stocks. Notable gainers, meanwhile were technology-linked stocks like Pentamaster (+11.0 sen), MY E.G. (+9.0 sen) and Elsoft (+6.0 sen). 

Top 3 Active stocks:
HIBISCS (5199): RM1.18 (-1.0 sen)
SAPNRG (5218): RM0.36 (-0.5 sen)

BORNOIL (7036): RM0.055 (-0.5 sen)

Volume: 2.22 bln (100-day avg vol: 2.44 bln)
Value: RM2.49 bln
Market Breadth: ⬆:578 ⬇:334
Crude palm oil: RM2,193 (+RM22)

Dow Futures: 25,370 pts (+185 pts)

Source: Bloomberg, M+ Online


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