Bursa Malaysia higher in early exchange

KUALA LUMPUR: Bursa Malaysia snapped yesterday's misfortunes to open higher in early exchange today, upheld by outer factors and also deal chasing, a merchant said. 

At 9.03am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.24 focuses better at 1,747.17 subsequent to opening 0.01 of-a-point higher at 1,743.94 at the beginning of today. 

On the more extensive market, gainers were higher at 134 against 81 washouts while 181 counters stayed unaltered with 1,414 untraded and 18 others were suspended. 

Turnover remained at 121.45 million offers worth RM438.23 million. 

Open Bank Investment Bank Bhd said the nearby bourse could open higher today after the quality for product centered stocks helped drive the fundamental US value gages to new highs while the container European Stoxx 600 list outperformed its May tops to end taking care of business level since August 2015. 

PChem added seven sen to RM7.44, PetGas rose 14 sen to RM18.22 and PetDag picked up 10 sen to RM24.20. 

Among gainers in the heavyweights, HapSeng edged up eight sen to RM9.36, CIMB and Sime Darby climbed two sen each to RM6.16 and RM9.11 individually while TM and WPRTS both added four sen to RM6.22 and RM3.74 separately. 

Of the actives, BJCorp and Ekovest enhanced two sen each to 35 sen and 97 sen, individually, Hubline and PUC were unaltered at 17.5 sen and 18.5 sen separately while HuaAn and Hibiscs both shed a large portion of a-sen to 28 sen and 74 sen, individually. 

Among advancers, KmLoong picked up 30 sen to RM4.90, LafMsia added 15 sen to RM7.0, BAT rose 14 sen to RM38.38, PMBTech expanded 11 sen to RM3.82 and PMetal climbed 10 sen to RM4.82. 

The FBM Emas Index rose 7.01 focuses to 12,597.43, FBMT100 Index was 7.38 focuses firmer at 12,232.23 the FBM Ace gathered 19.6 focuses to 6,900.99. 

The FBM 70 facilitated 14.66 focuses to 15,521.93 and FBM Emas Shariah Index deleted 9.91 focuses to 13,066.88. Area savvy, the Finance Index went up 33.33 focuses to 16,273.33, the Plantation Index was 0.19 of-a-point higher at 8,003.28 and the Industrial Index rose 6.59 focuses to 3,196.26.

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Tenaga forces blue chips higher in front of Budget points of interest

KUALA LUMPUR: Tenaga Nasional controlled blue chips higher early Friday after it shocked the market with a last profit for each offer of 44 sen while the nation anticipate the subtle elements of the Budget 2018 proposition at 3.30pm. 

At 9.22am, the FBM KLCI was up 6.68 focuses or 0.38% - the greatest picks up lately – to 1,743.48. Turnover was 383.64 million offers esteemed at RM134.76mil. There were 235 gainers, 126 failures and 239 counters unaltered. 

Asian offers picked up on Friday as innovation shares were helped by perky income from U.S. hey tech mammoths while the euro drifted almost three-month low against the dollar after the European Central Bank broadened its boost, Reuters revealed. 

Japan's Nikkei increased 0.6% while South Korea's Kospi rose 0.2% and Australian offers rose 0.2%. MSCI's broadest file of Asia-Pacific offers outside Japan was level in dollar terms. 

Head administrator Datuk Seri Najib Tun Razak will table the Budget 2018 recommendations in Parliament at 3.30pm. He has expressed the nation's economy is relied upon to develop over 5% this year and the financial shortfall will be beneath 3% one year from now. 

Tenaga rose to a record-breaking high of RM14.98. It was up 48 sen ton RM14.82 while its call warrants C35 hopped seven sen to 16.5 sen. 

Poly Glass Fiber surged 24 sen to 62.5 sen, Eon Credit added 14 sen to RM13.88, Press Metal and Pos seven sen each to RM4.22 and RM5.34. 

Glove producers likewise exchanged higher with Top Glove up 19 sen to RM6.59 and Hartalega eight sen up to RM7.71. 

Globetronics crawled up five sen to RM6.30. 

Nonetheless, Petronas Gas was 18 sen bring down at RM17.90, KLK and Nylex six sen bring down at RM24.46 and 96 sen. 

Settle fell 60 sen to RM86 and BAT expanded its decay by six sen to RM40.72.

KLSE Hot Stocks for Malaysian Traders-

• POLY
• THHEAVY
• WONG
• SCOMI
• ALAM

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Bursa Malaysia joined key Asian markets to open lower on Friday

KUALA LUMPUR: Bursa Malaysia joined key Asian markets to open lower on Friday after the overnight fall on Wall Street, with Genting Malaysia and IOI Corp weighing on the FBM KLCI. 

At 9.30am,

the KLCI was down 4.77 focuses or 0.27% to 1,765.76. Turnover was 175.44 million offers esteemed at RM82.67mil. There were 106 gainers, 221 failures and 226 counters unaltered.

Asian offers lost ground on Friday after a frail session on Wall Street, while worldwide sovereign obligation yields were lifted in all cases on wagers the European Central Bank is drawing ever nearer towards loosening up its enormous fiscal boost, Reuters detailed.

MSCI's broadest record of Asia-Pacific offers outside Japan slipped 0.3%, after the Dow lost 0.7% and the tech-overwhelming Nasdaq fell 1% on Thursday, incompletely as higher Treasury yields diminished the interest of values.

Japan's Nikkei was down 0.5%, South Korea's KOSPI dropped 0.3% and Australian stocks declined 1%.

Hong Leong Investment Bank (HLIB) Research said following the negative execution on Wall Street, benefit taking exercises may rise and it might shorten the upside of the KLCI around 1,775-1,780.

"Ought to there be an infringement underneath 1,760, next help will be set around 1,750," it said.

Bursa Malaysia fell 28 sen to RM10.52, Genting Malaysia nine sen bring down at RM5.67 and IOI Corp eight sen down at RM4.53. MISC shed seven sen to RM7.36 with 100 offers done.

Heineken hit a hindrance, falling 86 sen to RM17.64 with 62,700 offers done, Hartalega nine sen down at RM6.78, Pintaras seven sen bring down ar RM4.20 and Petron six sen to RM7.80.

CCB rose 10 sen to RM2.35, CMSB added nine sen to RM4.13, Alcom five sen to RM1.74 and Lion FIB four sen to 57.5 sen.

DNeX and the warrants rose one sen each to 59.5 sen and 31 sen in dynamic exchange.

CIMB Equities Research is holding its Add call for DNeX with a higher entirety of-parts based target cost of 75 sen following its lady raid into downstream retail oil and gas. The last exchanged cost was 59 sen.

Reuters announced oil costs fell by over 1% right off the bat Friday, with US unrefined prospects plunging underneath US$45 per barrel as news of an ascent in US generation added to before reports that OPEC yield was additionally on the ascent.

Brent rough prospects, the global benchmark at oil costs, were exchanging down 58 pennies, or 1.2%, at US$47.53 per barrel by 0137 GMT. US West Texas Intermediate (WTI) rough prospects were at $44.95 per barrel, down 57 pennies, or 1.3%.

Hot Stocks Of The Day

1. SENDAI

2. DNEX

3. VERSATL

4. IJACOBS

5. MUDAJYA

SGX INTRADAY SIGNALS: BUY GCCP AT 0.038 TARGET 0.040, 0.042 SL 0.035 

 

SGX INTRADAY UPDATE: GCCP AT 0.042, OUR FINAL TARGET DONE. 

Reference: http://www.mmfsolutions.my/blog/stock-trading-pick/

The FBM KLCI was slightly higher at midday on Thursday

KUALA LUMPUR: The FBM KLCI was somewhat higher at noontime on Thursday however the more extensive market was weaker, in accordance with the careful key Asian bourses, while the ringgit was blended against a few key monetary forms.

At 12.30pm, the KLCI was up 0.39 of an indicate or 0.02% 1,792.74. Turnover was 1.06 billion offers esteemed at RM972.34mil. There were 275 gainers, 452 washouts and 380 stocks unaltered.

Hong Kong stocks tumbled to a three-week low on Thursday as getting expenses in the city looked set to ascend after a US rate climb overnight, while shares in China slid on persevering feelings of dread that monetary development will soon begin to cool, Reuters revealed.

The US dollar breast fed misfortunes , after powerless US swelling information left financial specialists thinking about whether the Federal Reserve would have the capacity to catch up its most recent rate climb with another not long from now, Reuters announced.

The ringgit ascended against the US dollar and pound sterling however slipped against the Singapore dollar and euro.

It edged up 0.09% to the greenback at 4.2540 and climbed 0.07% to the pound to 5.4220. Notwithstanding, it slipped 0.05% to the Singapore unit at 3.0888 and plunged 0.01% to the euro at 4.7732.

FGV was in center, rising seven sen to RM1.81 with 25 million offers done. It was accounted for the autonomous party entrusted to investigate the FGV debate has finished its report. 

Rough palm oil for third-month conveyance fell RM5 to RM2,451 per ton. IOI Corp rose one sen to RM4.50, KL Kepong and Sime Darby were level at RM24.80 and RM9.62 while PPB Group shed two sen to RM16.90.

US light raw petroleum shed five pennies to US$44.68 yet Brent rose two pennies to US$47.02.

Refiners Petron and Hengyuan fell 12 sen each to RM8.18 and RM5.80. Petronas Chemicals shed three sen to RM7.19, Petronas Dagangan two sen bring down at RM24.22 yet Petronas Gas increased two sen to RM18.92.

Sunway ralied to a record high of RM4.05 on its reward guarantor with warrants arrange. It was up 26 sen to RM3.99.

IW City saw substantial exchanging interest once more, rising nine sen to RM1.68.

With respect to banks, AmBank and CIMB rose four sen each to RM5.05 and RM6.77, Maybank two sen higher at RM9.63, RHB Bank one sen up at RM5.11 however Public Bank lost two sen to RM20.38 and Hong Leong Bank fell six sen to RM15.34.

Tenaga rose two sen to RM14.40, Genting Bhd lost one sen to RM9.85 and Genting Malaysia five sen bring down at RM5.80.

Hot stocks of the day

---

1. IWCITY
2. FGV
3. KRONO
4. ANZO
5. MRCB

Reference: http://www.mmfsolutions.my/blog/stocks-tips-for-tomorrow/

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Bursa Malaysia Markets : Bursa Malaysia opened higher today

KUALA LUMPUR: - Bursa Malaysia opened higher today, supported by the positive close in the Wall Street on Friday and more grounded unrefined petroleum costs. (Bursa Malaysia Markets)

At 9.06am (Bursa Malaysia Markets)

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was up 1.45 focuses to 1,764.19 from Friday's end of 1,762.74.

The list opened 2.31 focuses firmer at 1,765.05 at 9 am.

On the more extensive market, gainers drove failures 215 to 100, while 216 counters stayed unaltered with 1,220 untraded and 26 others were suspended.

Turnover remained at 303.49 million shares worth RM100.31 million.

In a note today, Kenanga Research said the essential pattern of the fundamental list was still immovably positive as it at present remained over all its key basic moving normal (SMA) incline lines.

"We opine that the FBM KLCI is probably going to commence the week on a positive note where overhead resistance are found at 1,776 to 1,800, while underpins at 1,760 to 1,743. 

In the mean time, Hong Leong Investment Bank said in spite of the French decision closed with a positive result, speculators may remain sideways and mindful in exchanging the share trading system without clear points of interest on the Bandar Malaysia bargain. Bursa Malaysia Markets

"SUBSEQUENTLY, THE FBM KLCI'S UPSIDE MIGHT BE RESTRICTED AT AROUND 1,770 TO 1,780," IT SAID IN A NOTE.

Among heavyweights, Maybank rose five sen to RM9.35, Tenaga expanded two sen to RM13.92, Public Bank was six sen higher at RM20.06 however Sime Darby lost five sen to RM9.27.

IWC SHED 92 SEN TO RM2.16.

Of actives, Netx Holdings increased three sen to 10.5 sen, Globaltec Formation added one sen to eight sen, while AirAsia X was level at 50.5 sen.

The FBM Emas Index rose 9.45 focuses to 12,606.98, the FBMT100 Index was 15.25 focuses higher at 12,237.03, yet the FBM Emas Shariah Index crept down 3.40 focuses to 12,933.36. Bursa Malaysia Markets

The FBM 70 enhanced 38.21 focuses to 15,070.77 and the FBM Ace recuperated 41.40 focuses at 6,342.23.

Division savvy, the Plantation Index was 9.96 focuses weaker at 8,054.37 and the Industrial Index slipped 2.91 focuses to 3,231.76, however the Finance Index progressed 65.97 focuses to 16,304.05. 

Reference: http://www.mmfsolutions.my/blog/bursa-malaysia-markets/

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Best stocks trading signals - KLCI stages mild rebound on Friday

KUALA LUMPUR: Blue chips arranged a gentle bounce back on Friday after the benefit taking by nearby organizations the earlier day (best stocks trading signals) while Ekovest figured out how to squeeze out a few increases after it guaranteed financial specialists the essentials were strong.

At 10.30am (best stocks trading signals)

The KLCI was up 2.91 focuses or 0.17% to 1,761.58. Turnover was 875.59 million shares esteemed at RM470.55mil. There were 446 gainers, 191 washouts and 340 counters unaltered.

The ringgit debilitated against the US dollar, sliding 0.17% to 4.334 from 4.326 yet year-to-date, it was up 3.48% to 4.334 from 4.4845.

Asian stocks declined for a third sequential day on Friday as crisp falls in products raised worries about the soundness of the worldwide economy, however the euro kicked the expansive shortcoming on subsiding worries about France's presidential decision, Reuters revealed.

MSCI's broadest record of Asia-Pacific shares outside Japan fell 0.4 percent on Friday and was exchanging at its most reduced level since April 25.

Oil costs were marooned almost five months lows on Friday after a close to 5 percent fall in the past session on worries over rising U.S. supply, wiping out the greater part of the value picks up since OPEC's turn to check yield, Reuters said.

Tumbling costs would likely compel OPEC individuals to augment creation cuts not long from now, yet the prospect for more profound cuts seemed thin, experts said. Best stocks trading signals

Brent unrefined prospects crept up three pennies at US$48.41 per barrel while US West Texas Intermediate (WTI) raw petroleum fates increased one penny to US$45.53.

At Bursa,

Ekovest added eight sen to RM1.25 with almost 50 million shares done in the wake of hitting limmit-down early Thursday.

MPI was the top gainer, up 48 sen to RM12.58, SAM Engineering picked up 23 sen to RM6.74 while JHM added 15 sen to RM4.52. KESM shed six sen to RM12.66.

Low profile ECM Libra hopped 22 sen to 62.5 sen after it reported its proposed securing.

With respect to purchaser stocks,

Nestle acded 20 sen to RM82.40 while BAT and Ajinomoto picked up 14 sen to RM45.54 and RM18.50 yet Dutch Lady fell eight sen to RM58.70 . MSM added 16 sen to RM4.60 in thin exchange.

Tan Chong fell five sen to RM1.85 after it posted a more extensive center net misfortune on a year-on-year premise in 1Q17 because of frail deals execution and the outcomes missed the mark concerning both CIMB Equities Research and accord desires.

TCM additionally recorded a successively bigger center net misfortune at RM31.4mil in 1Q17 versus RM1.2mil in 4Q16 due to on-going edge pressure from forex unpredictability and lower deals.

Reference: http://www.mmfsolutions.my/blog/best-stocks-trading-signals/

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Sime Darby hogged the limelight early Friday

KUALA LUMPUR: Sime Darby hoarded the spotlight early Friday after its proposed corporate practice and its increases supported the FBM KLCI's additions. 

At 9.38am, the KLCI was up 0.21% or 0.01% to 1,692.43. Turnover was 320.76 million shares esteemed at RM97.15mil. There were 157 gainers, 130 washouts and 223 counters unaltered. 

Reuters revealed Asian shares were relentless on Friday and were on track for a strong propel this week, while oil and the dollar clutched picks up in the wake of solid US corporate profit. 

MSCI's broadest record of Asia-Pacific shares outside Japan was minimal changed, yet on track to end the week up 1.9%. Japan's Nikkei rose 0.3%, stretching out additions for the week to 1.7%. 

South Korean markets are shut for occasions on Friday and Monday. Chinese markets are closed for the Lunar New Year occasion and will continue exchange on Friday, Feb. 3. Taiwan is likewise shut for Lunar New Year and will revive on Thursday, Feb. 2. 

In the interim, oil costs plunged, with rising unrefined yield from the US counterbalancing endeavors by OPEC and different makers to slice supplies to prop up the market. 

Brent unrefined fates were exchanging at US$56.14 per barrel at 0132 GMT, down 10 pennies from their last close. US West Texas Intermediate (WTI) unrefined fates dropped 2 pennies to US$53.76 a barrel. 

At Bursa, Sime Darby rose 39 sen to RM9.21 with 2.89 million shares done. Its call warrants C7 rose seven sen to 19.5 sen. 

Sime Darby arrangements to turn off its manors and property organizations in partitioned postings on Bursa Malaysia, while the exchanging and calculated organizations will stay under Sime Darby Bhd, which will hold its recorded status. 

UMW added 12 sen to RM5.93, MPI 11 sen to RM8.14, CCM seven sen higher at RM1.10 while SP Setia and Zhulian rose seven sen each to RM3.33 and RM1.47. 

Petronas Gas fell 40 sen to RM20.54, HLFG 30 sen bring down at RM14.80 while Maybank and Public Bank shed six sen each to RM8.26 and RM20.22. 

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