Friday, 11 November 2016

Evening Market Summary - 11 Nov 2016

The FBM KLCI plunged 1.1% amid a sell down in Asian equities and the Ringgit, triggered by expectations of an interest rate hike under the Donald Trump's presidency. Market breadth was negative with 279 gainers, 612 losers, while 274 traded unchanged. Despite the negative outlook, gloves-related counters such as TOPGLOVE (+24.0 sen) and KOSSAN (+13.0 sen) advanced.

Top 3 Active stocks:
  • BORNOIL (7036): RM0.67 (-1.0 sen)
  • RGB (0037): RM0.23 (-0.5 sen)
  • HIBISCS (5199): RM0.28 (-2.0 sen)
Volume: 1.98 bln (100-day avg vol: 1.67 bln)

Value: RM2.81 bln

Market Breadth: ?:282 ?:610

Crude palm oil: RM2,995 (+RM101)

Dow Futures: 18,770 pts (+-16pts)

Source: Bloomberg, M+ Online


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