Wednesday, 24 August 2016

KLSE Stocks Recommendations : Epic Research Malaysia

klse

Malaysia Stock Market:
  • The FBM KLCI index lost 8.00 points or 0.47% on Tuesday. The Finance Index fell 0.01% to 14497.59 points, the Properties Index dropped 0.37% to 1188.99 points and the Plantation Index down 0.16% to 7846.08 points. The market traded within a range of 9.96 points between an intraday high of 1689.96 and a low of 1680.00 during the session.
  • Actively traded stocks include AAX, AAX-CU, IRIS, BORNOIL-WC, DNEX, M3TECH, AAX-WA, AAX-CV, BORNOIL and AEM. Trading volume decreased to 1835.90 mil shares worth RM1735.52 mil as compared to Monday’s 1853.97 mil shares worth RM1470.50 mil.
  • Leading Movers were KLCC (+7 sen to RM7.60), AMMB (+4 sen to RM4.46), MAXIS (+3 sen to RM6.30), TENAGA (+2 sen to RM14.82) and MISC (+1 sen to RM7.53). Lagging Movers were SIME (-34 sen to RM7.80), AXIATA (-12 sen to RM5.66), GENM (-9 sen to RM4.28), ASTRO (-6 sen to RM2.91) and SKPETRO (-2 sen to RM1.58). Market breadth was negative with 263 gainers as compared to 579 losers.
  • The KLCI halted its winning streak and closed lower at 1683.07 points amid overnight losses in Wall Street. The performance of our local bourse was bogged down by selling interest in heavy weights counters like Sime Darby, Axiata and Astro.
STOCK RECOMMENDATION :
  • BUY ORION ABOVE 0.255 TGT 0.270 0.285 SL 0.240.




Click here for Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my

No comments:

Post a Comment