KLSE Traders Update and Ideas

Evening Market Summary - 16 Oct 2018

mplus313
Publish date: Tue, 16 Oct 2018, 05:32 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,736.84 pts (+8.10pts, +0.47%)

The FBM KLCI closed 0.5% higher on Tuesday after lingering mostly in the positive territory, owing to continued buying-interest in selected heavyweights. Market breadth, however, was still negative as losers outweighed winners on a ratio of 439-to-339 stocks. Notable gainers include O&G-related players like Dialog (+9.0 sen), Serba Dinamik (+4.0 sen) and Hibiscus Petroleum (+3.0 sen).

Top 3 Active stocks:
DGSB (0131): RM0.05 (-1.0 sen)
HIBISCS (5199): RM1.25 (+3.0 sen)

YONGTAI (7066): RM0.68 (+5.5 sen)

Volume: 1.53 bln (100-day avg vol: 2.41 bln)
Value: RM1.62 bln
Market Breadth: ⬆:339 ⬇:439
Crude palm oil: RM2,242 (-RM0)

Dow Futures: 25,265 pts (+64 pts)

Source: Bloomberg, M+ Online


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