No reprieve for Bursa Malaysia as KLCI slips early Tuesday

KUALA LUMPUR: There was no rest for financial specialists early Tuesday as blue chips broadened their current misfortunes with Sime Plantations proceeding to fall since last Thursday's posting. 

At 9.16am, the FBM KLCI was down 1.14 focuses or 0.07% to 1,711.99. Turnover was 194.19 million offers esteemed at RM77.83mil. There were 141 gainers, 150 washouts and 214 counters unaltered. 

Reuters detailed Asian offers were curbed as financial specialists' turn out of innovation shares inflicted significant damage on a portion of the district's tech heavyweights in spite of the fact that expectations of a noteworthy tax reduction in the United States supported hazard slant. 

MSCI's broadest list of Asia-Pacific offers outside Japan were topped by the fall in the area's innovation shares, with Samsung Electronics losing 1.5%. 

Reuters detailed Japan's Nikkei fell 0.4%, with semiconductor-related offers, for example, Tokyo Electron and Shin-etsu Chemical driving the misfortunes. 

On the specialized standpoint for the KLCI, Kenanga Research said at the ebb and flow point, the list keeps on staying bearish, with key straightforward moving midpoints (SMAs) having effectively shaped a "demise cross" while key markers proceed with their directionless developments. 

"All things considered, we don't rebate the likelihood of a close term bounce back given the profoundly oversold Stochastic pointers. 

"Outstandingly, yesterday's turn stamps up 'til now another retest against its pivotal help of 1,714 (S1), with an unequivocal break underneath to be regarded as exceedingly negative, giving the record a potential clear way to abdicate downwards towards mental hindrance at 1,700 (S2). 

"Alternately, should the market see a change, upside protections can be found at 1,734 (R1) and 1,750 (R2)," it said. 

BAT fell the most, down 66 sen to crisp multi-year lows of RM37.20. Allianz lost 30 sen to RM14 in thin exchange while Ulicorp was down 22 sen to RM3.80. 

Sime Plantations fell for the third day, down 17 sen to RM4.68, Tenaga 12 sen bring down at RM15.46, MPI 10 sen to RM12.50 and Petron eight sen lower to RM11.16. 

Lafarge bounced back 16 sen to RM6.77, Hong Leong Bank added 16 sen to RM15.46 while KL Kepong picked up 12 sen to RM24.50 and PPB Group 10 sen to RM16.84. 

Hartalega recovered piece of the earlier day's misfortunes to add seven sen to RM9.22 while Petronas Gas was up six sen to RM16.

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PetDag, Genting, Public Bank slip early Friday

KUALA LUMPUR: Losses by Petronas Dagangan, Genting Bhd, Public Bank pushed the FBM KLCI into the red early Friday, following the weaker key Asian markets following the overnight decrease on Wall Street. 

At 9.08am, the KLCI was down 3.25 focuses or 0.19% to 1,743.56. Turnover was 206.97 million offers esteemed at RM68.83mil. There were 123 gainers, 118 failures and 229 counters unaltered. 

Asian offers slipped on Friday on vulnerability about US impose changes after Senate Republicans divulged an arrangement that varied from the House of Representatives' rendition in a few key ranges, incorporating a deferral in the planning of a corporate tax reduction, Reuters detailed. 

MSCI's broadest record of Asia-Pacific offers outside Japan fell 0.1% while Japan's Nikkei lost 1%. 

MSCI's all-nation value record posted its first day by day misfortune in over two weeks on Thursday, finishing its longest day by day winning streak since 2003. 

Kenanga Investment Bank Research said the KLCI's pick up on Thursday could set the record to retest the significant protection level of 1,750 (R1), where an unequivocal breakout could flag a re-rating of the general specialized picture from bearish to bullish. 

Be that as it may, with the MACD staying in a negative area and descending pattern, there are yet to be any indications of an important recuperation in the close term. 

"With no noteworthy change in the diagram design, the specialized standpoint is one-sided to the drawback with help levels situated at 1,733 (S1) and 1,727 (S2). In the mean time, the protection levels are 1,750 (R1) and 1,765 (R2)," it said. 

Petronas Dagangan fell the most, down 26 sen to RM21.18, Genting Bhd 11 sen to RM9.37, MISC 10 sen bring down at RM7.35 and Public Bank six sen lower to RM20.40. Petronas Gas added 14 sen to RM17.84 with only 100 offers done. 

Lafarge broadened its decrease, down 12 sen to RM6.63 while estates PPB Group and KL Kepong lost 10 sen each to RM16.60 and RM24.68. 

It was additionally time to forget about some cash for Hengyuan, which fell seven sen to RM9.81. 

MUI Industries rose 1.5 sen to 26 sen with 22.34 million offers done. StarBiz detailed a neighborhood party is comprehended to be occupied with assuming control Tan Sri Khoo Kay Peng's stake in the benefit rich organization. 

More grounded income saw HL Industries surging 38 sen to RM10.18. 

Concerning customer stocks, Ajinomoto picked up 22 sen to RM18.98, BAT added eight sen to RM39.50 and F&N propelled six sen to RM25.50. 

KESM rose 16 sen to RM18.80, RCE Capital eight sen to RM1.67 and SP Setia six sen to RM3.36. RHB Bank increased six sen to RM4.96.

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Bursa Malaysia higher in early Monday exchange, FGV in center

KUALA LUMPUR: Felda Global endeavors (FGV) pulled in positive consideration early Monday following the most recent improvement in the estate goliath while blue chips held relentless as raw petroleum costs climbed. 

At 9.12am, the FBM KLCI was up 1.41 focuses or 0.08% to 1,781.31. Turnover was 235.21 million offers esteemed at RM84.66mil. There were 216 gainers, 107 failures and 217 counters unaltered. 

Kenanga Investment Bank Research said the neighborhood showcase is probably going to stay uneven, at any rate for the close term, basically due to the on-going geopolitical pressure amongst US and North Korea combined with the as of late finished up frustrating 2QCY17 revealing season. 

"Having said that, we have seen speculative indications of a turnaround, thus, we trust speculators ought to exploit any shortcomings to position for the following two occasionally solid quarters. 

"Actually, quick resistance levels are 1,783/89 while bolster levels are topped at 1,770/60," Kenanga Research said. 

In the interim, oil costs edged up on Monday after the Saudi oil serve talked about the conceivable expansion of a settlement to cut worldwide oil supplies past March 2018 with his Venezuelan and Kazakh partners, Reuters announced. 

US rough for October conveyance was up 29 pennies at US$47.77 while London Brent unrefined for November conveyance was up 23 pennies at US$54.01. 

At Bursa, FGV rose eight sen to RM1.72 with 5.20 million offers done. StarBiz revealed Monday bunch president and CEO Datuk Zakaria Arshad will probably restore this week to steerage the ranch aggregate after his suspension somewhere in the range of three months back. 

Telekom Malaysia rose seven sen to RM6.47 in thin exchange however enough to push the KLCI somewhat higher. 

Kawan Food rose 15 sen to RM3.60, Pentamaster 13 sen to RM4.84 and Tan Chong picked up 10 sen to RM1.79. 

Petron and Hengyuan rose 10 sen each to RM9.50 and RM7.84 while Lotte Chemical Titan added seven sen to RM5.58. 

Sino Hua-a was the most dynamic, up one sen to 24.5 sen, reaching out from a week ago's rally. 

Genting Plantations fell 20 sen to RM10.46, Petronas Gas lost 18 sen to RM18, Ajinomoto 18 sen bring down at RM18.98. 

Hartalega and PPB Group fell 12 sen each to RM6.78 and RM16.70. Bond player Lafarge lost 10 sen RM5.85 and CMSB eight sen bring down at RM4.02. Yinson and UMW fell seven sen each to RM3.58 and RM5.38. 

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Best Power Plant equities on Bursa Malaysia!

What is the best best best power plant stocks in Bursa Malaysia?"

The top 5 power plant stocks on Bursa is

1. MALAKOF (5264) - Very very low price, very very low PE, very very high dividend yield, very very low risk

2. TENAGA (5347) - Very very low PE, very very high dividend yield, very very very very very low risk

3. MFCB (3069) - Very very low PE, very very high dividend yield, very very low risk

4. RANHILL (5272) - Very very low PE, very very low price, very very low risk

5. KNM (7164) - Very very low price, very very low risk

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

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The FBM KLCI wavered early Wednesday

KUALA LUMPUR: The FBM KLCI faltered early Wednesday as financial specialists remained on the sidelines after key Asian markets and Wall Street shut weaker overnight on geopolitical stresses on the Korean Peninsula.

At 9.13am,

The FBM KLCI was simply up 0.02 point to 1,769.65. Turnover was 216.17 million offers esteemed at RM52.10mil. There were 91 gainers, 175 failures and 231 counters unaltered.

Bloomberg revealed the ringgit rose to a nine-month high after the US dollar slid on bring down Treasury yields and oil costs energized overnight.

The US$/Ringgit declined 0.3% to 4.2485;

Most reduced since Nov 10. Bloomberg said the backings were 4.2550, 4.2505, 4.2242 and resistance 4.3022, 4.3055, 4.3085.

The US dollar was on edge with strains in the Korean Peninsula hinting at small subsiding, Reuters detailed.

MSCI's broadest file of Asia-Pacific offers outside Japan plunged 0.15%. Japan's Nikkei shed 0.55% and Australian stocks lost 0.3%. South Korea's KOSPI was down 0.2% and on track for its fifth straight day of misfortunes.

Kenanga Investment Bank Research said with exchanging volume staying lifted for a moment day and key pointers radiating blended readings, it anticipates that the KLCI will stay rough in the near future with a nonattendance of clear market heading.

"Any shortcoming towards the 1,764 (S1) be that as it may,

is probably going to see some deal chasing. In any case, a break underneath 1,750 would be exceptionally negative, a flag of bearish pattern inversion.

"On the other hand, resistance levels can be found at 1,783 (R1), and higher up at 1,789 (R2)," it said.

At Bursa, Nestle rose 90 sen to RM85, Panasonic added 62 sen to RM37.90, KLCC added nine sen to RM7.88.

Petron increased seven sen to RM9.24, Hartalega and Sarawak Oil Palm added five sen to RM6.82 and RM3.78.

Sino Hu-Ann slipped one sen to 20 sen with 21.9 million offers done after its current winning streak because of the pivot in its money related outcomes.

Hong Leong Bank lost 10 sen tpo RM15.36, MPI eight sen bring down at RM13.70, KL Kepong six sen bring down at RM24.50 while likewise down six sen was CN Asia to 51 sen.

LATEST HOT STOCKS FOR TRADERS/INVESTORS 

1. GOB
2. SANICHI
3. VIZIONE
4. LIONIND
5. ESAFE

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

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JAKS shares and also how large is its 1,200 MW power plant.

Many people have been asking me why I have been buying so much of JAKS shares and also how large is its 1,200 MW power plant.

Let me answer the first question:

From Bursa announcement, you already know that JAKS has the contract to construct the 1,200 MW coal fired power plant to sell electricity to the Vietnamese Government for 25 years. Since the project cost is about Rm 7.5 billion, JAKS has not been able to find a suitable financier for 4 years.

Finally, the company found a consortium of Banks and contractors from China to undertake the whole project last year. The Chinese party has been involved in about 90% of the electric power supply in China. After completed the study of the IPP contract, the Chinese party is prepared to give about Rm 400 million to JAKS during the construction period and 30% with 10% option share of the JV company in selling electricity to the Vietnamese Government for 25 years.

Let me answer the second question:

Google is like God who knows everything. If you want to know any thing just google. From google I found that 1 MW can supply about 1,000 homes.

That means JAKS’ 1,200 MW can supply electricity to about 1,200,000 homes. Assuming one home has 5 people, the power plant can supply electricity to 6 million people.

Wah! Amazing! Small little JAKS can help 6 million people. 

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KLCI precarious early Wednesday as corporate outcomes not fulfilling

KUALA LUMPUR: Blue chips faltered in early Wednesday exchange as financial specialists processed the most recent corporate profit which were disppointing however key Asian markets figured out how to bounce back from the earlier day's misfortunes. 

At 9.44am, the FBM KLCI was down 0.64 of a point ot 0.04% to 1,760.50. Turnover was 323.47 million offers esteemed at RM154.26mil. There were 248 gainers, 211 washouts and 217 counters unaltered. 

MSCI's broadest record of Asia-Pacific offers outside Japan was level in early exchange. South Korea's KOSPI share record and Australian offers both crawled up 0.1%., Reuters revealed. 

Japan's Nikkei rose 0.5% as the yen debilitated. 

In the mean time, Kenanga Investment Bank Research said on the day by day outline, the KLCI proceeded to drift sideways with mellow drawback in the shorter term. 

It said Tuesday's development conveys the KLCI nearer to the 1,764 (S1) bolster level which could conceivably bait deal seekers to enter the market. 

"Falling flat which, the following help is situated at 1,750 (S2). In the interim, key resistance levels are situated at 1,783 (R1) and 1,789 (R2)," it said. 

The examination house said likewise said second a day ago into the 2Q1CY17 outcome season, approaching report cards were all the while baffling, with no outperformer while four missed the mark regarding desires and 11 in-line comes about 

Ajinomoto fell 94 sen to RM21.50 on proceeded with benefit taking, IQ Group lost 74 sen to RM4.06, Latitude Tree 32 sen to RM4.88, Pintara 28 sen to RM3.78 and YSP Southeast Asia 20 sen bring down at RM2.67. 

AirAsia rose four sen to RM3.37 in dynamic exchange in the wake of plunging quickly while AirAsia X edged up 0.5 sen to 37.5 sen. 

MPI bounced back 24 sen to RM13.94, Time dotCom picked up 18 sen to RM9.58 while Top Glove added 12 sen to RM5.59. MAHB added 11 sen to RM8.98 and Genting Bhd nine sen up to RM9.74. 

KLSE Hot Stocks for Malaysian Traders-

• HUAAN
• OLYMPIA
• RGB
• MALTON
• IJACOBS

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Bursa Malaysia closes on firm note

KUALA LUMPUR: Genting Malaysia, IHH Healthcare and Petronas Chemicals (PetChem) supported the FBM KLCI firm execution on Monday following key Asian markets. 

At 5pm, the 30-stock list shut down at 1,771.15, up 4.12 focuses. The market exchanged inside a scope of 6.19 focuses between an intra-day high of 1,772.56 and a low of 1,766.37 amid the session. The neighborhood bourse opened 0.45 of-a-point less demanding at 1,766.50 early today. 

In the more extensive market, there were 506 stocks progressing against 316 stocks declining while 384 counters unaltered. Around 1.52 billion offers, esteemed at RM1.69bil, changed hands. 

Securities exchange information demonstrated remote assets were net purchasers at RM60.28mil. Nearby organizations and retailers were net merchants at RM41.16mil and RM19.12mil individually. 

On Bursa Malaysia, KESM was the best gainer, up RM1.18 to RM15, Malaysian Pacific Industry rose 36 sen to RM13.12 while Lotte Chemical Titan Holding added 34 sen to RM4.70. 

Top washouts on Bursa Malaysia included United Plantations, which fell 28 sen to RM28 while Hengyuan declined 21 sen to RM7.50. 

Genting Malaysia was one the mover among the KLCI stocks, pushing the record up 1.8693 focuses. It shut 19 higher at RM6. IHH Healthcare and PetChem added nine sen each to RM6 and RM7.11 separately. 

Reuters announced that oil costs plunged on Monday as a log jam in Chinese refining action development cast questions over its rough request standpoint, while rising U.S. shale yield proposed supplies would likely stay high. 

Universal benchmark Brent raw petroleum costs were exchanging at US$51.92 per barrel, down 18 pennies. 

US West Texas Intermediate (WTI) rough was down 12 pennies at US$48.70 a barrel. 

Somewhere else in the area, most Asian markets were exchanging green. The CSI300 file rose 1.3%, to 3,694.68, while the Shanghai Composite Index increased 0.9% to 3,237.36 focuses while the Hang Seng list rose 1.4% to 27,250.23 focuses. 

The Nikkei finished 1% bring down at 19,537.10, the most reduced shutting level since May 2. The South Korean's KOSPI quit for the day at 2,334.22 focuses. 

In the interim, European offers appreciated an alleviation rally on Monday after geopolitical pressure had sent them to their most noticeably awful week by week misfortunes of the year. 

The container European STOXX 600 rose 0.7% while euro zone stocks and blue-chips bounced 0.9%. London's FTSE 100 rose 0.51% to 7,347.43 focuses, France's CAC 40 increased 0.85% to 5,104.01 while Germany's DAX climbed 1.02% to 12,136.47.

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Malaysia’s exports of rubber gloves in the first half of 2017

PUTRAJAYA: Malaysia's fares of elastic gloves in the main portion of 2017 expanded 25% to RM7.95bil contrasted with RM5.28bil in a similar period a year ago, Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said. 

Talking at a meeting with pioneers from the elastic business, he stated: "The high fare development in the initial a half year of 2017 flagged that the elastic glove part is on track to record an extraordinary new high in trade offers of RM16bil for the entire year of 2017. 

"This speaks to an expansion of 20% contrasted with RM13.28bil recorded for the entire of 2016." 

Elastic gloves have been the biggest supporter of the Malaysian elastic items industry. The fare offers of elastic gloves represented more than 70% of the aggregate fares of elastic items, adding up to RM11.4bil for the initial a half year of 2017. 

Mah trusts the neighborhood business is on track to secure no less than 65% offer of worldwide elastic glove trades by 2020. 

This is given that the business is extending its creation limit and enhancing producing procedures to take care of developing demand for higher quality restorative gloves in major developing markets. 

The Ministry of Plantation Industries and Commodities and the Malaysian Rubber Export Promotion Council expects world interest for elastic gloves to increment from 211 billion pieces in 2016 to 287 billion pieces by 2020.

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Breakfast briefing

MarketWatch: Stocks finished minimal changed on Wall Street on Thursday as an arrangement amongst Sears and Amazon weighed on home change retailers while picks up in Microsoft helped float the Nasdaq. The DJIA fell 28.97 focuses, or 0.13%, to close at 21,611.78, the S&P 500 lost 0.38 point, or 0.02%, to 2,473.45 and the Nasdaq included 4.96 focuses, or 0.08%, to 6,390.00. - Reuters 

Vitality 

Oil settled lower on Thursday in uneven exchanging, as pestering stresses over bounteous worldwide rough supplies sank costs after an early rally supported Brent above US$50 per barrel interestingly since June 7. Brent prospects settled at US$49.30 a barrel, down 40 pennies, or 0.8%. - Reuters 

Forex outline 

*The ringgit increased 0.08% to 4.2875 versus the US$ 

*It was down 1.03% to 4.9882 versus euro 

*Up 0.34% to 5.5603 for each pound sterling 

*Down 0.20% to 3.1377 for each Singapore dollar 

*Down 0.21% to 3.4017 for every Aussie 

*Up 0.05% to 3.832 for every 100 yen 

Top outside stories 

Microsoft benefit beats desires on solid cloud request: Microsoft Corp revealed superior to anything expected quarterly benefit and income on Thursday, helped by solid execution in its quickly developing cloud business. Microsoft's net wage dramatically increased to US$6.51 billion or 83 pennies for every offer in the quarter, from US$3.12 billion or 39 pennies for each offer in the year-prior period. Barring one-time things, Microsoft earned 98 pennies for each offer. On a balanced premise, income rose 9.1% to US$24.7 billion. - Reuters 

Stomach muscle Inbev to purchase sodas firm Hiball: The world's biggest brewer Anheuser Busch InBev said on Thursday it was getting Hiball, a San Francisco-based maker of caffeinated beverages and proprietor of the Alta Palla brand of natural shimmering juices and shining waters. - Reuters 

Apollo gets ready 2018 IPO for ADT Corp: Private value firm Apollo Global Management LLC is get ready to take US security organization ADT Corp open at a US$15 billion or more valuation, a little more than a year subsequent to getting it, sources comfortable with the circumstance said on Thursday. - Reuters 

Snap under weight as Wall Street eyes share bolt up terminations: A potential surge of recently accessible Snap shares is weighing on Wall Street's as of now temperamental help for the proprietor of the Snapchat online networking application. Snap shares fell as much as 1.7% on Thursday as experts concentrated on the expiry of bolt up periods beginning toward the finish of July, when insiders and representatives will be permitted to offer offers surprisingly since a US$3.4 billion introductory open offer in March. - Reuters 

Top neighborhood stories 

Nam Cheong to incidentally stop all obligation reimbursements: Nam Cheong Group Bhd reported it would briefly stop reimbursements on every one of its borrowings, pending a rebuilding of its obligations. The Sarawak-based and Singapore-recorded organization had extraordinary obligations of some RM1.84bil as of its most recent revealed first quarter finished March 31. - StarBiz 

Khairil to expect obligations of president, CEO at FGV: Felda Global Ventures Holdings Bhd (FGV) has designated Datuk Khairil Anuar Aziz as the officer-in-control to rudder the obligations and duties of the organization's gathering president and CEO. - StarBiz 

Outside safety net providers take a gander at RM8.58b bargains: Overseas guarantors including Prudential Plc are seeking after plans to offer stakes in their Malaysian units, in bargains that could raise no less than a consolidated US$2bil (RM8.58bil) and enable them to conform to remote possession limits, individuals with knowl-edge of the issue said. - Bloomberg 

Bina Darulaman uncovers RM2.6b township extends in Kedah: Bina Darulaman Bhd has propelled two incorporated township extends in Jitra and Sungai Petani, Kedah, with a joined gross improvement esteem (GDV) evaluated at RM2.6bil. - StarBiz 

Khazanah offers CIMB shares: Khazanah Nasional Bhd has sold 90.5 million offers or 1% of the offer capital of CIMB Group Holdings Bhd at RM6.31 each. Khazanah picked up RM571mil from the deal. - StarBiz 

Maxis second-quarter income rise 17.6%: Maxis Bhd's net benefit for the second quarter rose 17.62% year-on-year to RM574mil on more grounded paid ahead of time and postpaid income commitments Revenue likewise developed by 3.33% to RM2.17bil. - StarBiz 

Westports benefit down on bring down holder throughput: Westports Holdings Bhd's net benefit for the second quarter fell by 7% to RM148.82mil because of lower compartment throughput from basic changes in the more extensive industry. Income dropped to RM501.44mil from RM522.63mil a year prior. - StarBiz 

Aspen dispatches IPO in Singapore: George Town-based property engineer Aspen Group a has propelled a first sale of stock on Singapore's Catalist board. The organization will offer 173.3 million offers valued at 23 Singapore pennies each to raise net continues of S$36.72mil. - StarBiz 

PTP records RM32mil suit over oil slick: Pelabuhan Tanjung Pelepas Sdn Bhd (PTP) has documented a suit against Rising Star Shipping Sdn Bhd and Shipowners' Mutual Protection and Indemnity Association (Luxembourg) Singapore branch, looking for RM31.86mil in addition to enthusiasm for misfortunes because of an oil slick in August a year ago. - StarBiz 

Sinmah designs 5-for-2 rights issue: Sinmah Capital Bhd is proposing a five-for-2 renounceable rights issue with free separable warrants, trying to raise in any event RM15.27mil for a property advancement extend in Melaka. - StarBiz 

Johari: Budget 2018 to goad innovation segment: Budget 2018 will accentuate on the need to give assess motivations that emphasis on the advancement of the fourth modern insurgency (Industry 4.0). Second Finance Minister Datuk Johari Abdul Ghani said this would be in accordance with the Government's push to advance high-innovation businesses and limit reliance on labor. - StarBiz 

Takaful Malaysia posts somewhat higher Q2 benefit: Syarikat Takaful Malaysia Bhd posted a possibly higher pre-charge benefit of RM59mil in the second quarter from RM58mil a year prior. Income expanded to RM485.3mil from RM462mil already. - StarBiz 

Mah Sing reveals M Vertica deals exhibition: Property engineer Mah Sing Group Bhd formally propelled its M Vertica deals display in Cheras, for its 11.25-section of land M Vertica skyscraper private suites. - StarBiz 

Inspirational standpoint for development division: Maybank Investment Bank Research, which is keeping up a "positive" approach the development part, expects more development employments in the second 50% of 2017 and into one year from now. The exploration house said development organizations with solid request books would profit the most as foundation ventures get. - StarBiz

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KLCI ekes out slight gains early Thursday

KUALA LUMPUR: The FBM KLCI safeguarded its increases at mid-morning today in accordance with the uptrend at most provincial markets, lifted by select blue chips. 

At 10.04am , the FBM KLCI was up 2.33 focuses to 1,759.57.

The best gainers included Nestle (M) Bhd, Ajinomoto (M) Bhd, ViTrox Corp Bhd, British American Tobacco (M) Bhd, Malaysian Pacific Industries Bhd, Malaysia Airports Holdings Bhd, Hong Leong Financial Group Bhd, Petronas Dagangan Bhd, Pentamaster Corp Bhd, Petron Malaysia Refining and Marketing Bhd and Genting Bhd.

The actives included Frontken Corportation Bhd, PUC Founder MSC Bhd, Pasukhas Group Bhd, Careplus Group Bhd, ManagePay Systems Bhd and UMW Oil and Gas Corp Bhd.

The failures included Axiata Group Bhd, KESM Industries Bhd, Lotte Chemical Titan Holding Bhd, BIMB Holdings Bhd, Heineken Malaysia Bhd and Astro Malaysia Holdings Bhd.

Asian offers scaled a two-year top on Thursday, as financial specialists bet strategy fixing in the United States would be cold, best case scenario, lifting Wall Street to record pinnacles and bringing down security yields all over the place, as per Reuters.

The star entertainer was the Canadian dollar, which soared to 11-month highs after the nation's national bank climbed rates without precedent for a long time and left the entryway completely open to additionally moves, Reuters said.

JF Apex Securities Research in a market review today said US markets mobilized overnight, with the Dow hopping to a record high after Federal Reserve Chair Janet Yellen's timid comments that the Fed will begin diminishing its US$4.5 trillion accounting report and any loan fee climb will be progressive.

It said European stocks had before taken off on Yellen's announcement and higher oil cost.

"On the neighborhood showcase, the FBM KLCI increased 2.21 focuses to 1757.24 focuses.

"Following the bullish execution in the US and Europe, the FBM KLCI could broaden its bounce back off the help level of 1755 focuses," the exploration house said.

Latest Hot stocks for Malaysian Traders/Investors

MLAB (Bursa: 0085): 0.350 +0.060 (+20.69%)

ORION (Bursa: 0079): 0.190 +0.030 (+18.75%)

NETX (Bursa: 0020): 0.045 +0.005 (+12.50%)

EDUSPEC-WA (Bursa: 0107WA): 0.080 +0.015 (+23.08%)

AHB-WB (Bursa: 7315WB): 0.240 +0.050 (+26.32%)

Reference: http://www.mmfsolutions.my/blog/share-market-live/

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GentingM weighs on KLCI early Monday

KUALA LUMPUR: Genting Malaysia weighed on the FBM KLCI early Monday on worries about its incorporated gaming resort in Massachusetts while Advancecon surged on its exchanging debut on the Main Market.

At 9.40am (Stocks to buy),

The KLCI was down 0.1% to 1,759.83. Turnover was 297.54 million offers esteemed at RM148.97mil. There were 213 gainers, 187 washouts and 222 counters unaltered.

Kenanga Investment Bank Research said at display,

The KLCI stays underneath its 50-day straightforward moving normal (SMA) while energy pointers are still in a bearish state.  

"Inclination stays to the drawback,

In spite of the fact that a conversion of help levels ought to be available between the 1,754 (S2) - 1,760 (S1) band. In the interim, (Stocks to buy) overhead resistance levels stay at 1,771 (R1) and 1,795 (R2) where venders are probably going to offer on quality," it said.

Asian stocks revived on Monday, lifted by Wall Street's solid execution before the end of last week, while the US dollar expanded additions made after considerably more grounded than anticipated June work information. 

MSCI's broadest list of Asia-Pacific offers outside Japan progressed 0.15% while Japan's Nikkei rose 0.5%. Australian stocks were up 0.4% and South Korea's Kospi included 0.2%. 

At Bursa, Advancecon hopped 17.5 sen to 80.5 sen with 77 million offers done.

Genting Malaysia fell four sen to RM5.62 with 440,000 offers done. It is attempting to recuperate its venture of US$347.4mil (RM1.49bil) in an incorporated gaming resort in Taunton, Massachusetts, US, which has been put on hold pending the determination of a legitimate case.

Customer stock Ajinomoto fell 28 sen to RM23.36 and Heineken lost 14 sen to RM18.06.

HCK and Petron Malaysia fell 11 sen to RM5.23 and RM7.63, Box Pax was down 10 sen to RM1.65, Pecca lost four sen to RM1.60 while Masteel additionally surrendered four sen to RM1. 

Petronas Gas picked up 20 sen to RM18.68, Lysaght added 12 sen to RM3.80 and Globetronics seven sen higher at RM6.07.

Glove producer Hartalega added nine sen to RM6.94 and Adventa seven send up to 78 sen.

For more update: http://www.mmfsolutions.my/blog/stocks-to-buy/

Bursa shows no clear direction at mid-day

KUALA LUMPUR: - Bursa Malaysia completed the morning session a touch higher on an absence of crisp leads, said a merchant. - Klse Stocks Pick 

At 12.30pm,

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) finished 0.81 of-a-point higher at 1,789.70 from last Friday's 1,788.89.

The key file which opened 0.81 of-a-point higher at 1,789.7 moved in the vicinity of 1,786.95 and 1,793.01 all through the session.

General market expansiveness was negative as decliners outpaced gainers 473 to 324, while 342 counters were unaltered, 640 untraded and 29 others suspended.

Turnover remained at 1.11 billion offers worth RM1.06 million.

A merchant said purchasing enthusiasm for heavyweights kept the key list higher.

In the interim, Hong Leong Investment Bank (HLIB) said any upside to the FBM KLCI will be topped at around 1,790-1,800.

"We additionally expect the overheated semiconductor rally a week ago to perhaps grab a seat throughout the following couple of days taking after the selloff in tech stocks on Wall Street," it said in a note today.

For the heavyweights, Maybank enhanced one sen to RM9.58, TNB rose eight sen to RM14.48, Public Bank expanded two sen to RM20.40, Sime Darby increased one sen to RM9.60, CIMB acknowledged nine sen to RM6.72 and Petronas Chemicals fell two sen to RM7.18.

Effectively exchanged stocks included Priceworth International rising 3.5 sen to 27.5 sen, Asia Bioenergy crawling up a large portion of a-sen to 18.5 sen, FGV enhancing five sen to RM1.71 and Frontken declining one sen to 31 sen.

The FBM Emas Index was 6.92 focuses bring down at 12,757.77, the FBMT100 Index fell 5.56 focuses to 12,397.58, while the FBM Emas Shariah Index trimmed 15.46 focuses to 12,999.68.

The FBM 70 deteriorated 48.63 focuses to 15,207.19 and the FBM Ace was down 8.10 focuses to 6,374.13.

On a sectoral premise, the Finance Index stowed 46.52 focuses for 16,836.54, the Industrial Index shed 8.54 focuses to 3,295.22 and the Plantation Index extended 7.63 focuses to 7,944.07.

Latest Hot stocks for traders

1. MRCB-C15 (Bursa: 165115): 0.050 +0.005 (+11.11%)

2. IJACOBS (Bursa: 0162):  0.390 +0.060 (+18.18%)

3. MRCB-C14 (Bursa: 165114): 0.045 +0.005 (+12.50%)

4. ATTA-WB (Bursa: 7099WB): 0.610 +0.115 (+23.23%)

5. TENAGA-C35 (Bursa: 534735):  0.180 +0.030 (+20.00%)

6. FGV-C26 (Bursa: 522226): 0.040 +0.005 (+14.29%)

7. FGV-C27 (Bursa: 522227): 0.035 +0.005 (+16.67%)

Reference: http://www.mmfsolutions.my/blog/klse-stocks-pick/