KLSE Traders Update and Ideas

Evening Market Summary - 14 Nov 2018

mplus313
Publish date: Wed, 14 Nov 2018, 05:50 PM
mplus313
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This blog provides market updates and trading ideas that I gather from around the web.

FBM KLCI: 1,688.41 pts (+0.84pts, +0.05%)

The FBM KLCI snapped three-straight sessions' of losses and closed higher, owing to last minute buying-support in selected blue-chips, albeit still capped by extended weakness in O&G-related stocks. Market breadth was bearish as losers outweighed winners on a ratio of 564-to-314 stocks. Meanwhile, gainers include furniture makers like Latitude (+15.0 sen), Lii Hen Industries (+2.0 sen) and Poh Huat (+1.0 sen).

Top 3 Active stocks:
HIBISCS (5199): RM1.01 (-9.0 sen)
SMETRIC (0203): RM0.49 (-4.5 sen)

MYEG (0138): RM1.18 (-8.0 sen)

Volume: 2.21 bln (100-day avg vol: 2.28 bln)
Value: RM1.92 bln
Market Breadth: ⬆:314 ⬇:564
Crude palm oil: RM1,968 (-RM39)

Dow Futures: 25,242 pts (-88 pts)

Source: Bloomberg, M+ Online


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