Breakfast briefing

MarketWrap: European stocks ascended on Monday, with increases in telecoms and banks balancing a major fall in Unilever, while instability over political advancements and the planning of a US loan cost climb held the dollar in line. US markets were shut for the Presidents Day occasion, and this limited movement in Europe and Asia. - Reuters 

Vitality 

Oil costs crept higher on Monday, as speculator positive thinking over the viability of maker cuts empowered record wagers on a managed rally, albeit developing US yield and adamantly high stockpiles held value picks up under wraps. Brent prospects LCOc1 finished the session up 0.7% at US$56.18 a barrel. - Reuters 

Forex outline 

*The ringgit at 4.4605 for each US$ 

*It increases 0.33% to 4.7202 versus euro 

*Flat 5.5537 for each pound sterling 

*Up 0.22% to 3.1379 for each Singapore dollar 

*0.09% lower to 3.4236 for each Aussie 

*0.33% higher at 3.9292 for every 100 yen

Our recommendation for KLSE investors

1. BJCORP
2. AAX
3. AIRASIA
4. DNEX
5. VIVOCOM

KLSE INTRADAY SIGNALS: BUY DNEX AT 0.400 TARGET 0.415, 0.430 SL 0.380 

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