Bursa Malaysia opens higher

KUALA LUMPUR: Bursa Malaysia opened higher today, taking the prompt from the better execution on Wall Street on Friday in the midst of firmer raw petroleum costs, a merchant said. 

At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.91 focuses higher at 1,742.56 from last Friday's end of 1,740.65. 

The file opened 1.64 focuses higher at 1,742.29 at 9 am. 

Gainers drove washouts by 144 to 71 while 217 counters stayed unaltered with 1,419 untraded and 19 others were suspended. 

Turnover remained at 184.22 million offers worth RM46.79 million. 

The merchant said the key record was in accordance with Friday's additions on the Wall Street following more grounded desires on US President Donald Trump's tax break choice. 

In the mean time, he stated, the nearby bourse was additionally bolstered by the expansion in the raw petroleum costs because of the news gave an account of Saudi Arabia and Iraq's intends to decrease the raw petroleum supply. 

The overnight benchmark Brent raw petroleum prospects went up 0.16 for every penny to US$57.84 (US$1 = RM4.22) per barrel while the US West Texas Intermediate raw petroleum fates were 0.37 for every penny higher at US$52.03 per barrel. 

Among heavyweights, Public Bank and Petronas Chemicals rose two sen each to RM20.48 and RM7.56, separately, Sime Darby expanded four sen to RM9.10 while Maybank fell a sen to RM9.28 and Tenaga was four sen bring down at RM14.28. 

Of the actives, Hubline lost a large portion of a-sen to 18.5 sen, Trive Property and its warrant ticked up 1.5 sen and a large portion of a-sen to 26 sen and 6.5 sen, separately while DBE and Sterling Progress were level at three sen and 17 sen, individually. 

The FBM Emas Index was 15.40 focuses firmer at 12,529.19, FBMT 100 Index increased 17.39 focuses to 12,173.18, FBM Emas Shariah Index added 13.18 focuses to 12,868.42, FBM Ace rose 8.85 focuses to 6,958.22 and the FBM 70 progressed 37.08 focuses to 15,315.26. 

Area insightful, the Plantation Index was up 20.32 focuses at 7,942.91, Finance Index enhanced 14.60 focuses to 16,310.70 and the Industrial Index was 5.03 focuses better at 3,195.26.

For more information please visit:

Malaysian Trading Signals, Bursa Malaysia Stock Trading Signals, Malaysian Stock Signals, Fkli Tips, Bursa Malaysia Stock Signals

Breakfast briefing

MarketWatch: High-flying semiconductor stocks might be balanced for more misfortunes in the coming weeks as a huge swath of chip names reports quarterly outcomes in an area that may have keep running up too far for a few speculators. Financial specialists will parse profit from 40% of the segments in the PHLX semiconductor record throughout the following month. - Reuters 

Top remote stories 

Hutchison offers HK settled line business to I Squared for US$1.9b: Hutchison Telecommunications Hong Kong Holdings Ltd said on Sunday it consented to offer its settled line telecoms business to I Squared Capital for about US$1.9 billion, raising assets to put into cell phone administrations and for working capital. - Reuters 

Facebook's Sandberg calls for new approaches to support ladies' compensation: Facebook Inc head working officer Sheryl Sandberg approached governments and organizations to accomplish more to close the sexual orientation pay hole on Sunday and said the two young ladies and young men ought to be urged to wind up pioneers from an early age. - Reuters 

Audi targets 10 billion euros in cost slices to subsidize electric-auto push: Audi means to cut expenses by 10 billion euros (US$12 billion) by 2022 to help finance a move to electric autos as it looks to proceed onward after the discharges embarrassment, sources near the carmaker said. The main part of the 10 billion cost investment funds would originate from cutting innovative work costs, the sources said. - Reuters 

Vivendi CEO: Telecom Italia won't end up noticeably French or converge with Orange: Top investor Vivendi has no plans to consolidate Telecom Italia with Orange nor to make it French, CEO Arnaud de Puyfontaine told daily paper La Stampa in a meeting. Telecom Italia named Vivendi's Amos Genish as its general administrator for operations on Friday as the French media goliath fixed its grasp on Italy's greatest telephone gathering, where it is the biggest investor with a 24% stake. - Reuters 

Top nearby stories 

Focus on Encorp and Barakah: After getting key investors to come into Iris Corp Bhd, Felda has moved its concentration to enhancing the execution of Encorp Bhd and Barakah Offshore Petroleum Bhd. Felda director Tan Sri Shahrir Abdul Samad said he planned to see changes in Encorp with a view that the property bunch additionally enhance its execution and returns. - StarBiz 

Pioneers have recuperated costs: Chairman Tan Sri Shahrir Abdul Samad said Felda pilgrims have recouped more than their cost of interest in the offers of Felda Global Ventures Holdings Bhd (FGV) if the most recent motivating force relating to the credits considered for the buy of the offers is taken. In that capacity, he stated, the offer value execution of FGV should never again be a worry to the pilgrims. - StarBiz 

Geely-Proton targets delivering 280,000 autos for China and SEA showcases: The legislature has focused on the generation of around 280,000 autos for the China and South-East Asian markets from the key organization between Zhejiang Geely Holdings Group and Proton Holdings Bhd, said Second International Trade and Industry Minister Datuk Seri Ong Ka Chuan. - Bernama 

AmBank focuses in on SMEs: The AmBank Group is optimizing endeavors to develop its little and medium-sized venture (SME) fragment, as it trusts it has turned out to be a standout amongst the most lucrative sections inside the managing an account industry. The neighborhood SME showcase as of now has over RM300bil in resources, incorporating into credits, stores and venture securities. - StarBiz 

Neighborhood securities exchange getting up to speed with local companions: The nearby stock exchange could have a couple of impetuses pulling out all the stops in the second 50% of this current year that may push it to get up to speed with whatever is left of the district. CIMB Principal Asset Management Bhd boss speculation officer Patrick Chang said the neighborhood showcase has ascended by somewhere in the range of 7% year to date in ringgit terms and around 12% in dollar terms. Local markets in correlation have gone up by 23%. - StarBiz 

Eversendai certain about hitting turnover target: Eversendai Corp Bhd is sure of accomplishing its turnover focus of RM2bil in its current money related year finishing Dec 31, 2017. The organization will concentrate on its center organizations, official administrator and gathering overseeing executive Tan Sri A.K. Nathan stated, including its expansion into the oil and gas segment will in the long run prove to be fruitful for Eversendai. - StarBiz 

BSN sees higher number of premium contributors: Bank Simpanan Nasional (BSN) hopes to expand the quantity of investors for its excellent funds endorsement in the second 50% of 2017 in the midst of the enhanced economy. BSN had 2.8 million contributors with investment funds ensured esteemed at RM3.26bil in the principal a large portion of this current year. - Bernama

For more information: FKLI Index Signals, Bursa Malaysia Stock Trading Signals, Malaysian Stock Signals, Bursa Malaysia Trading Signals, Bursa Malaysia Stock Signals

Bursa Malaysia opened higher this morning

KUALA LUMPUR: Bursa Malaysia opened higher at the beginning of today yet supposition stayed lukewarm, with exchanging supported by the kept approaching instabilities as worldwide conclusion debilitated. 

At 9.15am, The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.80 of-a-point higher at 1,766.14 from yesterday's end of 1,765.34.

Prior, the list opened 1.08 focuses better 1,766.42.

On the more extensive market, washouts drove gainers 242 to 174 while 251 counters stayed unaltered with 1,125 untraded and 42 others were suspended.

Turnover remained at 268.16 million offers worth RM126.20 million.

Driving movers in the FBM KLCI part stocks were managing an account stocks, with CIMB increasing five sen to RM6.31, AMMB packed away 10 sen to RM5.20, Hong Leong Financial Group rose 24 sen to RM16.72 and Hong Leong Bank propelled 12 sen to RM14.08.

tTop-weighted heavyweights, Maybank added two sen to RM9.38, TNB and Public Bank were both level at RM13.78 and RM20.06, individually, while Sime Darby fell three sen to RM9.31.

Of actives, Sumatec and Tiger were both level at 6 sen and 6.5 sen, individually, BioAlpha facilitated 2.5 sen to 22 sen and AirAsia X enhanced a large portion of a-sen to 40 sen. 

Settle drove the rundown of top gainers, sacking 54 sen for RM82.04, while best washout, Panamy, fell RM1.34 to RM35.00.

The FBM Emas Index was 5.09 focuses higher at 12,575.99, FBMT 100 Index increased 7.95 focuses to 12,221.03 and the FBM Emas Shariah Index facilitated 11.18 focuses to 12,838.67.

The FBM 70 was up 18.67 focuses at 14,940.38 yet the FBM Ace was 27.13 focuses bring down at 6,192.12. 

Part astute, the Plantation Index climbed 4.26 focuses to 8,014.46, Finance Index rose 65.21 focuses to 16,447.89 however the Industrial Index shed 1.57 focuses to 3,258.79.

Reference: http://www.mmfsolutions.my/blog/stock-recommendation/

For more updates traders could visit here:

FKLI Index Signals, Bursa Malaysia Stock Trading Signals, Malaysian Stock Signals, Bursa Malaysia Trading Signals, Bursa Malaysia Stock Signals

Bursa Malaysia opened marginally lower

KUALA LUMPUR: - Bursa Malaysia opened hardly bring down in the midst of the blended opening in local bourses, as worries over the turmoil in the US organization proceeded with, merchants said. 

At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.63 of-a-point bring down at 1,774.32 from yesterday's end of 1,774.95. 

The record opened 0.63 of-a-point higher at 1,775.58 at 9 am. 

Gainers drove failures 201 to 145 while 239 counters stayed unaltered with 1,164 untraded and 21 others were suspended. 

Turnover remained at 195.89 million offers worth RM84.83 million. 

TA Securities said blue chips were probably going to exchange sideways with rotational purchasing interest noted for loads of chose development organizations considered to be sharp in the Bandar Malaysia extend. 

Among heavyweights, TNB added four sen to RM13.84, Sime Darby increased five sen to RM9.36 while Public Bank, Petronas Chemical and Maybank were level at RM20.10, RM7.35 and RM9.35, separately. 

Of actives, Luster Industries, Asia Bioenergy warrant and Key organization together added a large portion of a-sen each to 16 sen, 3.5 sen and 5.0 sen, individually, and Globaltec was level at 6.5 sen. 

The FBM Emas Index was 5.07 focuses bring down at 12,735.65, the FBMT 100 Index facilitated 4.61 focuses to 12,352.74 and the FBM 70 slipped 6.49 focuses to 15,383.70. 

The FBM Emas Shariah Index added 0.87-of-an indicate 13,073.52 and the FBM Ace hopped 81.94 focuses to 6,681.01. 

Segment astute, the Plantation Index was up 17.06 focuses at 8,088.94, the Industrial Index diminished 10.47 focuses to 3,283.87 and the Finance Index slid 6.64 focuses to 16,374.95.

For more updates Traders could visit here for more updates:

FKLI Index Signals, Bursa Malaysia Stock Trading Signals, Malaysian Stock Signals, Bursa Malaysia Trading Signals, Bursa Malaysia Stock Signals

KLCI extends decline early Friday

KUALA LUMPUR: Blue chips broadened their decay early Friday taking after the negative geopolitical news and the overnight fall on Wall Street, with Genting Malaysia and Bursa Malaysia among the greatest decliners in the FBM KLCI record. 

At 9.19am, the KLCI was down 2.6 focuses to 1,735.58. Turnover was 415.13 million shares esteemed at RM106.8mil. Decliners beat advancers 329 to 97 while 249 counters were unaltered. 

Significant US stock lists fell on Thursday for a third straight day as financial specialists measured profit reports from huge US banks and geopolitical strains, while the tech part fell for a tenth back to back session, Reuters detailed. 

The Dow Jones Industrial Average fell 0.67% to 20,453.25, the S&P 500 lost 0.68%, to 2,328.95 and the Nasdaq Composite dropped 0.53%to 5,805.15. 

Maybank Investment Bank Research said the KLCI is probably going to retest its prompt support at 1,735 in the close term. 

An infringement of the level could drag the KLCI towards its past low. 

"We anticipate that the KLCI will exchange inside the 1,725 to 1,745 territory today. Support is pegged at 1,735 and 1,710," said the examination house. 

Bursa Malaysia, which had mobilized taking after the surge in exchanging esteem, fell nine sen to RM9.51 however with just 3,000 shares done. Genting Malaysia lost eight sen to RM5.60 and BAT 10 sen bring down at RM46.80 with 100 shares done. 

MPI fell the most, down 18 sen to RM11.04, George Kent nine sen bring down at RM3.95 and Mieco eight sen down at RM2.16. 

JHM slid eight sen to RM3.58, broadening its decay on benefit taking after a week ago's rally. 

Petronas Gas added 12 sen to RM19.86 with 1,200 shares done. KESM rose 10 sen to RM12.04 while EITA crawled up three sen to RM1.99 after the surge on Thursday. 

SEG International rose eight sen to RM1.20 after it proposed a five-for-seven reward issue of up to 516.82 million shares. 

Concerning manors, TH Plantations added four sen to RM1.18 while Harisson added three sen to RM3.70.

For more update, traders could visit here:

Bursa Malaysia Stock Trading Picks, Malaysian Stock Signals, Fkli Trading Signals, Malaysian Trading Signals,  Malaysian Fkli Trading Advice

Bursa Malaysia lacklustre early Friday

KUALA LUMPUR: Stocks on Bursa Malaysia set up a dull execution early Friday without solid institutional leads in front of the downpour of corporate outcomes while key Asian markets cooled off. 

At 9.30am, the KLCI was down 0.47 indicate or 0.03% 1,707.12. Turnover was 258.09 million shares esteemed at RM99.65mil. There were 195 gainers, 174 washouts and 263 counters unaltered. 

Asian securities exchanges cooled off on Friday from their current surge as financial specialists took benefits, while the dollar crawled up after Thursday's slide and good faith over conceivable recharged supply cuts by OPEC lifted oil costs, Reuters detailed. 

MSCI's broadest file of Asia-Pacific shares outside Japan pulled back 0.2%, on track to end the week up 1.2%, its fourth straight week of additions. 

US unrefined added 0.1% to US$53.43 a barrel in early Asian exchange, however is set out toward a decay of 0.8% for the week. 

Kenanga Investment Bank Research, in its remarks on the specialized viewpoint for the share trading system, said on the outline, the KLCI was taking a load off after its current specialized hole up a week ago. 

"The moving over of day by day RSI and Stochastic from their overbought region are suggesting shortcoming among the bulls, implying of further union play really taking shape. 

"Consequently, we figure that the KLCI is probably going to end the week level inside 1,700-1,710 today, where resistance levels are still found at 1,729 (R1)/1,744 (R2) and bolster tied at 1,700 (S1)/1,680 (S2)," it included. 

Open Bank lost 10 sen to RM19.98, Genting Bhd five sen to RM8.75 and Eon Credit was down four sen to RM15.60. 

KESM fell 12 sen to RM9.51, MFCB eight sen to RM2.60 and LiiHen four sen bring down at RM3.31.

YFG bounced 1.5 sen to six sen with 34 million shares done. It stowed a RM245mil contract for the 1Malaysia People's Housing Program (PR1MA) houses in Pedas, Rembau, Negeri Sembilan. 

DneX added 1.5 sen to 32 sen with 18.97 million shares done. DneX is building another back-end framework for Bukit Megah Sdn Bhd for the last's rehiring project of illicit remote laborers. 

DneX would be paid RM30 per exchange of "eWork Permit", which is the name of the new back-end framework to be set up for Bukit Megah's rehiring operations, as per CIMB Equities Research. 

Among the purchaser stocks, Nestle fell 26 sen to RM76.10 with 200 shares done. BAT was up 48 sen to RM49.26, Carlsberg picked up 22 sen to RM14.34 and Heineken 14 sen higher at RM16.72. 

Rex added seven sen to RM1.88, BIMB increased six sen to RM4.48 and Scientex five sen higher at RM7.13.

Current Updates:

Malaysian Equity Signals, Malaysian Stock Signals, Bursa Malaysia Stock Signals, Bursa Malaysia Trading Signals, Fkli Tips

Blue chips climbed early Monday

KUALA LUMPUR: Blue chips climbed early Monday drove by Malaysia Airports Holdings (MAHB) broadening their additions from last Friday as financial specialist estimation livened up taking after the firm overnight close on Wall Street. 

At 9.30am, the KLCI was up 2.23 focuses or 0.13% to 1,687.24. Turnover was 409.67 million shares esteemed at RM150.22mil. There were 282 gainers, 136 washouts and 260 counters unaltered. 

The ringgit moved against the US dollar, up 0.14% to 4.4200 from the past close of RM4.4260. 

Hong Leong Investment Bank (HLIB) Research said taking after the unequivocal breakout over 10-day SMA and neck area resistance, KLCI is ready to retest the year-to-date high of 1,695 (Jan 27) and the 1,700 mental hindrance. 

On the other side, just a plunge underneath a week ago's low of 1667.7 (Feb 2) will nullify the progressing specialized bounce back, it said. 

Last Friday's Dow rally, firmer recuperation in oil costs and Ringgit coupled positive specialized breakout, KLCI could retest the greatly anticipated 1,700 mental hindrance. 

"Be that as it may, promote solid bounce back over 1,700 might be topped by the progressing February announcing season," it said. 

In the mean time, Asian shares edged ahead on Monday as Wall Street accumulated energy into a bustling week of profit with more than 100 noteworthy organizations because of report, while the dollar was again stumbled by an absence of advance on US financial jolt, Reuters detailed. 

MSCI's broadest list of Asia-Pacific shares outside Japan crawled up 0.3%, with Australia ahead by 0.5%. Japan's Nikkei rose 0.7% in the wake of a firmer complete on Wall Street. 

Reuters likewise revealed oil costs edged up on Monday on fears that new US sanctions against Iran could be stretched out to begin influencing unrefined supplies, yet markets were topped by further indications of developing US generation. 

Brent rough fates were exchanging at US$56.86 per barrel at 0037 GMT, up five pennies from their last close. US West Texas Intermediate (WTI) fates were up five pennies at US$53.88 a barrel. 

At Bursa, MAHB added 26 sen to RM6.60 – the greatest picks up lately - after its concession was reached out for an additional 35 years. CIMB Equities Research is keeping up its Add call for MAHB and its reduced income based target cost of RM8.40. 

KL Kepong rose 16 sen to RM24.66, Scomi Engineering 10 sen to 41.5 sen, UMW nine sen to RM5.47 while Zhulian and Tomypak added eight sen each to RM1.47 and RM1.72. 

Be that as it may, BAT fell eight sen to RM45.24, KPJ six sen bring down at RM4.15 while Bursa, Sime Darby and Top Glove shed five sen each to RM8.81, RM8.99 and RM5.05 individually.

Live Updates:

Malaysian Equity Signals, Malaysian Stock Signals, Bursa Malaysia Stock Signals, Bursa Malaysia Trading Signals, Fkli Tips

Maybank IB Research has reiterated its year-end target for the FBM KLCI at 1,750 points

KUALA LUMPUR: Maybank IB Research has emphasized its year-end focus for the FBM KLCI at 1,750 focuses, refering to restricted drawback because of a log jam in remote offering. 

In a note today, the examination house said remote financial specialists have recorded a net inflow of RM400mil in buys of Malaysian values in January in the wake of being net merchants amid the past four continuous months. 

"We hold our view that the drawback for Malaysia values from remote offering ought to be restricted, excepting another worldwide defeat," it said. 

As indicated by Maybank, speculators and reserve chiefs have as of late flagged more inspiration for Bursa Malaysia stocks in the midst of the expected higher raw petroleum costs this year. 

Oil value shortcoming, among different elements, had been a noteworthy benefactor to the FBM KLCI's underperformance for three sequential years from 2014 to 2016, it said. 

"A large portion of the inquiries presently postured by speculators incorporate Bank Negara's arrangement on the ringgit, Malaysian governmental issues (with the likelihood of a mid fourteenth general race), and the resumption of corporate income development following three continuous years of 'no development' ," it said. 

The firm keeps on suggesting topical stocks, for example, those in development, tourism, and in addition general decision plays. 

With both outer and household headwinds anticipated that would stay overwhelming in driving unpredictability, Maybank said it prescribes a guarded approach for financial specialists. 

As at 11:00AM today, the FBM KLCI was last exchanged at 1,675.84 focuses.

Live Updates:

Malaysian Equity Signals, Malaysian Stock Signals, Bursa Malaysia Stock Signals, Bursa Malaysia Trading Signals, Fkli Tips, Bursa Malaysia Stock Trading Picks

Trading ideas - Fkli Tips

KUALA LUMPUR: Gadang, HeveaBoard, Paramount and Sunway REIT are among the stocks which could see exchanging enthusiasm on Thursday after their corporate news, says JF Apex Research. 

Gadang arrangements to embrace a townhouse extend with a gross advancement estimation of RM160mil in Taman Putra Perdana, Puchong. 

"We are sure with the arrangement as the gathering does not have to fork out the whole of the land cost forthright. We don't change our profit estimate as it is still subject for improvement endorsements. Moreover, the starting and items blend points of interest are still crude at this intersection. 

"Keep up BUY with target cost of RM1.20. We determined our valuation by pegging at PER of 12 times FY17F EPS of 10sen in the wake of considering the weakening of share split, reward share and warrant issue. 

"The valuation is in accordance with its development potential with capability of stowing more development works later on. The objective PE appointed is at the scope of upcycle PE for little and-mid top contractual workers in the midst of ebb and flow blasting foundation works," said JF Apex Research. 

With respect to HeveaBoard, the gathering has proposed to procure a bit of leasehold empty land in Seremban for RM13.46mil through its unit HeveaPac Sdn Bhd to extend its generation limits. 

Vital is purchasing a 66% stake in a K-12 training bunch called REAL Education Group for RM183mil money. The K-12 instruction portion comprises of kindergarten, essential and auxiliary training. 

In the interim, Sunway REIT has wandered into modern land in Bandar Shah Alam by purchasing a real estate parcel for RM91.5mil. 

Overnight on Wall Street, US markets shut higher with the Nasdaq augmenting its record high in spite of droop in medicinal services counters after US president-elect Donald Trump's first news gathering. 

Prior, European stocks finished higher drove by telcos, auto and utility counters after Trump's public interview. 

On the nearby market, the FBM KLCI increased 3.16 focuses to end at 1,675.21 focuses. 

"Taking after the positive execution in the US and Europe, the FBM KLCI could re-test the resistance of 1,680 after its sideways development in the previous few days," JF Apex Research said.

Get Here: Live Signals

Malaysian Equity Signals, Malaysian Stock Signals, Bursa Malaysia Stock Signals, Bursa Malaysia Trading Signals, Fkli Tips

Manufacturers cautious about possible gas tariff hikes

KUALA LUMPUR: The Federation of Malaysian Manufacturers (FMM) is mindful about the effect of conceivable combined gas value climbs by end of 2019 because of the unverifiable worldwide economy in the following couple of years. 

The business gather had on Friday issued an announcement taking after the declaration by the Energy Commission about the common gas (NG) levy refund of 40 sen for each mmBtu from January to June 2017. 

The FMM said while it respected the discount it was worried about a conceivable total gas cost increment of 22.6% by end of 2019. 

On Thursday, Gas Malaysia Bhd said the Energy Commission had endorsed the normal base levies for the administrative period from January 2017 to end-2019. This would see the normal base NG tax to be RM32.74 per mmBtu by 2019 from RM26.71 per mmBtu in January 2017. 

"FMM perceives that the gas cost go through (GCPT) system is set up and that the normal base tax, which considers the expansion in volume of LNG import and outside trade changes, would be balanced by GCPT declaration for the significant period. 

"In any case, FMM is confident that the legislature would keep on considering ventures aggressiveness versus local rivals in the vitality endowment legitimization and the proposed move to market cost and to persistently evaluate the effect of value audits against the predominant financial and economic situations. 

"FMM would keep on advocating for a reasonable valuing of normal gas, specifically for the privately sourced funneled gas, and look for further engagement with the administration to get further clarity on the premise of the normal base duty assurance for the following three years," said the exchange body.

Latest Updates: 

Malaysian Fkli Trading Advice, Malaysian Equity Signals,  Bursa Malaysia Stock Trading Signals, Malaysian Trading Signals, Bursa Malaysia Trading Signals,  Malaysian Stock Signals,  Fkli Tips

KLCI slips early Thursday, FoundPac in focus

KUALA LUMPUR: Blue chips slipped early Thursday on mellow benefit taking after the keep running up the earlier day however oil and gas stocks, particularly the lower liners, saw dynamic exchange, while FoundPac made a firm presentation on the Main Market. 

At 9.11am, the KLCI was down 1.5 focuses or 0.09% to 1,628.80. Turnover was 120.72 million shares esteemed at RM39.56mil. There were 78 gainers, 80 washouts and 141 counters unaltered. 

US oil costs fell on Thursday taking after a shock work in the nation's rough stocks appeared in information distributed by the American Petroleum Institute (API) late on Wednesday. 

US light unrefined prospects were down 39 pennies or 0.72% to US$53.67 at 0033 GMT in the wake of settling up 16 pennies at US$54.06 per barrel in the past session. 

Brent unrefined petroleum prospects had yet to exchange in the wake of settling 13 pennies higher at $56.22 in the past session. 

FoundPac rose 8.5 sen to 62.5 sen with 17.14 million shares done. Its offer cost was 54 sen. 

Borneo Oil, Perisai and KNM rose 0.5 sen each to 18 sen, 9.5 sen and 34.5 sen individually while Hibiscus shed 0.05 sen to 39.5 sen. 

Genting Bhd fell six sen to RM7.91, Maybank shed four sen to RM7.91 and Axiata was down three sen to RM4.59. Sime Darby lost two sen to RM8.06. 

Econbuild was among the gainers, adding five sen to RM1.88 while Pecca and Hua Yang crept up three sen each to RM1.58 and RM1.12.

For more updates:

 Malaysian Fkli Trading Advice, Malaysian Equity Signals,  Bursa Malaysia Stock Trading Signals, Malaysian Trading Signals, Bursa Malaysia Trading Signals,  Malaysian Stock Signals,  Fkli Tips

Eco World International Bhd arrangements to raise more than RM2bil.

KUALA LUMPUR : Eco World International Bhd arrangements to raise more than RM2bil under its posting exercise by offering 2.15 billion new partakes in the organization, Bloomberg reports.

GuocoLand Ltd has consented to subscribe for a 27% vital stake in the IPO. Eco World Bhd and GuocoLand will be the two biggest shareholders in Eco World International after the posting with 27% each.

Reserves raised from the IPO would be utilized to fund four activities in London and Sydney.

The news wire said GuocoLand, which works in Singapore, China, Malaysia and Vietnam, has been effectively hoping to venture into new markets.

UK and Australia markets offer development potential, GuocoLand CEO Raymond Choong was cited saying in an announcement.

Latest Update :

 Malaysian Stock Signals, Malaysian Stock Tips, Malaysia Stock Picks, Stock Tips Malaysia, Investment Advisor Malaysia

Malaysia was positioned second in Asia.

KUALA LUMPUR : Malaysia was positioned second in Asia with a general score of 55.7 under the Melbourne Mercer Global Pension Index (MMGPI). 

Malaysia's score which was equal to Grade C, was lower than Singapore and Australia however in an indistinguishable class from different companions, for example, Poland and South Korea. 

Review C demonstrates Malaysia's benefits framework has some great elements, additionally has significant dangers or deficiencies that must be tended to. 

Denmark kept its first position for the fifth back to back year while Singapore beat the rundown for Asian nations for the fourth successive year. 

Malaysia, then, is the most recent expansion to the list, together with Argentina. 

Under the MMGPI's three sub-files in particular ampleness, manageability and honesty, Malaysia has scored high in the trustworthiness sub-list where it scored 78.3 and modestly in the supportability sub-file by a score of 57.1. 

Nonetheless, when measured regarding ampleness of the residential annuity framework to bolster the matured individuals from the group, Malaysia has scored low at only 40.3, putting it among the most minimal 15% of the studied nations. 

The sufficiency sub-file, among others, assesses benefits, investment funds, charge bolster as gave by a sovereign states' annuity framework. 

This sub-record can be considered as the most essential contrasted with the rest two, as it conveyed a weightage of 40% in the general file esteem for every nation. 

MMGPI encouraged governments over the globe to make prompt move as more nations face critical weight to adapt to effect of maturing populations.Mercer Malaysia CEO Hasham Esmail Piperdy said the increments in maturing populace of Malaysia amid the following 25 years are unobtrusive and it is normal that there will be no less than five people of working age for each retiree in 2040. 

"However, in the meantime the expansion in the work constrain cooperation rate for 55-64 year olds has been under 5 rates point. 

Henceforth support by the administration and more adaptable work environment practices are required to hold more established specialists which will likewise make the annuity framework more manageable," he included. 

MMGPI has prescribed conceivable measures that can be executed to enhance and to reinforce Malaysia's benefits framework. 

Among others, the report called upon the legislature to build the base level of support for the poorest matured people, raise the level of family unit sparing, increment the benefits age as future keeps on expanding and increment scope of workers in word related annuity plans. 

MMGPI is the world's most exhaustive correlation of worldwide annuity frameworks and the most recent report secured near 60 for each penny of the total populace, measuring 27 frameworks against more than 40 markers to gage their ampleness, supportability and respectability.

Latest Update :

 Malaysian Stock Signals, Malaysian Stock Tips, Malaysia Stock Picks, Stock Tips Malaysia

Priceworth International Bhd is purchasing an organization.

Priceworth International Bhd is purchasing an organization with logging and replanting rights over a woodland zone of 101,161 hectares in Sabah for RM260mil. 

The territory is relied upon to yield approximately 6.5 million cubic meters of renewable timber throughout the following 81 years. 

Priceworth said it wanted to embrace a few raising support activities to pay for the proposed securing and diminish its current obligations. 

In a recording with Bursa Malaysia, Priceworth said a Singapore-based unit, GSR Pte Ltd, had entered an impart deal and buy consent to Transkripsi Pintar Sdn Bhd to secure Rumpun Capaian Sdn Bhd for RM260mil. 

Rumpun Capaian possesses the organization that was granted a 100-year timber concession in 1997. 

Priceworth said the procurement exhibited a chance to change the gathering from a benefit after assessment of about RM1.4mil to an essentially more beneficial monetary position by means of access to the concession of the woodland administration unit known as FMU5. 

"Endless supply of the proposed obtaining, the gathering will have the capacity to exploit its inconceivable experience and existing operational limit, which incorporates hint advertise learning and associations with end purchasers in the timber business, to amplify and receive the rewards from the proposed securing in a proficient way, which is required to convert into higher income over the whole esteem chain regarding its operations and better cost productivity for the gathering," it said. 

Then, the gathering pledges part of the arrangement included a proposed private position including the issuance of up to 64.2 million shares to financial specialists to be recognized at a later date. 

The organization is likewise proposing an issuance of up to 141.2 million shares, speaking to around 20% of the developed issued and paid-up capital of the organization, to outsider financial specialists. 

Priceworth likewise plans to issue up to 1.69 billion rights imparts together to a reward issue of up to 847.48 million extra shares to be credited as completely paid-up, on the premise of two rights offers for each one existing Priceworth share held, and one reward share for each two rights offers subscribed for. 

The organization is likewise hoping to rundown GSR on the Singapore Stock Exchange, with an application anticipated that would be made in the second 50% of one year from now.

Latest Update : 

Malaysian Stock Signals, Malaysian Stock Tips, Malaysia Stock Picks, Stock Tips Malaysia, Investment Advisor Malaysia, Best Stock Trading Signals, 

Top Glove Corporation with a higher 12-month target cost of RM4.55.

KUALA LUMPUR :  CIMB Equities Research is holding its Reduce proposal for Top Glove Corporation with a higher 12-month target cost of RM4.55.

It said on Wednesday while the weaker Ringgit is positive for Top Glove, despite everything it supposes the stock is costly because of the aggressive working environment and anticipated profit per share (EPS) decrease of 8.9% in FY17F.

"Dangers are more grounded than-anticipated deals and sharp devaluation of the ringgit," it said.

The world's biggest glove creator plans to grow its ability forcefully to 58.8 billion pieces for every annum (up 26%) by May 2018.

CIMB Research said Top Glove is doing this regardless of the continuous value rivalry in an offer to develop its piece of the pie at a speedier pace.

"In spite of the fact that this is certain for the long haul, the new limit will intensify the current focused environment, in our view, as the gathering will need to contend forcefully to offer its new limit. Thus, the gathering's edges are probably not going to enhance essentially pushing ahead given the drawn out value rivalry," it said.

CIMB Research went to Top Glove's 4QFY16 results preparation on Tuesday at Top Glove Tower in Setia Alam, Selangor and the talks spun around the gathering's FY16 execution, operational redesigns, and future viewpoint.

It said FY16 was a record high for gathering as far as income and net benefit, at RM2.9bil and RM361.1mil, individually. Administration said 1HFY16's net income (65% of the FY16 number) were helped by outside tailwinds (sharp debilitating of Ringgit and low latex costs).

Then, 2HFY16's net income were contrarily influenced by: i) rising cost rivalry, ii) an expansion in working expenses, and iii) the less great environment (uptrend in latex costs and a more steady ringgit).

"With the ringgit debilitating as of late, the gathering is set to have a superior on-quarter appearing in 1QFY17. In any case, we keep up our view that FY17's monetary execution will miss the mark regarding FY16's in perspective of the more focused environment, with the flood of part limit bringing on value rivalry that will prompt quicker estimating changes in accordance with pass on coin picks up.

"Likewise, we trust the quantum of the Ringgit debilitating will be littler than in FY16 (from 3.50 to a pinnacle of RM4.48) while picks up from lower material costs have died down.

"Post comes about instructions, our FY17-19F EPS are brought down by 0.1%-2.4% for changes to extension arranges, item blend and assessment rates. Our TP is raised to RM4.55 on move over to CY18 EPS and a higher P/E various of 16 times subsequent to redesigning its most recent five-year forward P/E," it said.

Latest Updates : 

Malaysian Stock Signals, Malaysian Stock Tips, Malaysia Stock Picks, Stock Tips Malaysia, Investment Advisor Malaysia, Best Stock Trading Signals,  Stock Tips

Asian shares plunged on Monday while the dollar held.

Asian shares plunged on Monday while the dollar held firm close to seven-month high against a bushel of real monetary forms after remarks from Federal Reserve Chair Janet Yellen supported since quite a while ago dated U.S. security yields. 

MSCI's broadest record of Asia-Pacific shares outside Japan dunked 0.2 percent in early exchange while Japan's Nikkei rose 0.2 percent. 

"Yellen's comments are probably going to lift Japanese security yields as well, which ought to bolster monetary shares. The Nikkei is probably going to be upheld by a feeble yen too in general," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management. 

Yellen said on Friday the Fed may need to run a "high-weight" economy with a specific end goal to turn around harm from the worldwide budgetary emergency that discouraged yield. 

Her comments were not tending to quick approach concerns straightforwardly and did not change winning perspective that the Fed is probably going to bring loan costs up in December. 

However theory that she may want to keep simple money related strategy position for quite a while regardless of the possibility that expansion surpasses its 2 percent target pushed up since a long time ago dated U.S. securities, with the 30-year security yield hitting a four-month high of 2.565 percent . 

As higher U.S. security yields could pull in more remote speculators, they helped the dollar post its biggest week after week ascend against a bushel of six noteworthy coinage in over seven months a week ago. 

The dollar list, which rose 1.4 percent a week ago, hit a seven-month high of 98.158 in early Monday and last remained at 98.115. 

The euro slipped to 2 1/2-month low of $1.0967 right off the bat Monday while the yen exchanged at 104.25 for every dollar, close to its 2 1/2-month low of 104.635 touched last Thursday. 

There is an explanation behind financial specialists to be worried about swelling. 

Expansion desires in the U.S. have been ascending in the previous couple of weeks to some degree because of rising oil costs. 

A gage of financial specialists' swelling desires, the breakeven expansion rate in view of swelling connected securities, rose to its most abnormal amount in around five months. 

Oil costs logged their fourth straight week of additions a week ago, amplifying their progress since the Organization of the Petroleum Exporting Countries reported a month ago its initially arranged yield cut in eight years. 

U.S. rough prospects exchanged at $50.01 per barrel in early Monday exchange, down 0.7 percent from a week ago. 

Brent rough prospects remained at $51.71 per barrel, down 0.5 percent. 

China likewise reported higher than-anticipated swelling in September for purchasers and makers alike, with maker costs ascending interestingly since January 2012. 

Chinese monetary information due on Wednesday, including July-Sept GDP, will be a key center of this current week. 

China's economy likely grew 6.7 percent in the second from last quarter from a year prior, an indistinguishable pace from in the past quarter, as expanded government spending and a property blast counterbalance persistently frail fares, as per a Reuters survey of 58 business analysts. 

Yet, the normal rate of extension in the second from last quarter would even now be close to the weakest since the worldwide emergency, and experts are progressively stressed that development is turning out to be excessively dependent on government spending and a lodging business sector that is hinting at overheating.

For more details : Malaysian Stock Signals, Malaysian Stock Tips, Malaysia Stock Picks, Stock Tips Malaysia, Investment Advisor Malaysia, Best Stock Trading Signals,  Stock Tips