#FBM KLCI

[kazifatagar]

Malaysia Market Outlook: FBM KLCI to float above 1,600 psychological level over time

FBM KLCI tumbled 0.7% on Monday as profit-taking activities were in tune with the weakness across regional markets. The market broadly declined, with lower liners ending the day in the red. Most indices ended lower with the top decliner being Technology (-1.8%), while the top gainer was Plantation (+1.7%).  Market Outlook Despite the disappointing regional performance, we believe the FBM KLCI…

[biswardi-hasbi]

Bursa Malaysia Ditutup Dalam Zon Negatif KUALA LUMPUR, 10 Sept - Bursa Malaysia ditutup dalam zon negatif hari ini, berikutan penurunan saham Axiata dan Digi susulan penamatan cadangan gabungan mega Axiata-Telenor.

[gilberthbolanos]

Buying interest to boost Bursa

The equity market is expected to be relatively good for first quarter of 2018 as analysts believe the spill-over effect of the favorable seasonal factor coupled with improved buying interest/momentum to be the supporting factor for the positive uptrend.

Emphasising that the trend is a short-run, Kenanga Investment Bank Research said as at end-2018 the FBM KLCI index is targeted to reach 1,860…

[officialamirulk]

Political clarity, Bursa Malaysia rose 4.04%

[cartierrings]

Domestic market rises as optimism rises in US economy

Domestic market rises as optimism rises in US economy

KUALA LUMPUR: Domestic markets tracked positive performance on Wall Street higher as investors traded bargains amid easing concerns over the prospect of a recession. At 9.05 am, the FBM KLCI was up 3.28 points at 1,431.97. There were 163 gainers as compared to 91 declines in the market. Trading volume was 81.02 million shares for a value of RM31.78mil. Major US indices rose overnight as investors…

[kazifatagar]

Market decline may continue today

Market may extend its decline as investors reposition into Chinese stocks in anticipation of fresh stimulus from the NPC meeting to boost its economy. China concludes its 5-day NPC standing committee meeting today. Sector-wise, the Plantation sector may attract buying interest as crude palm oil (CPO) prices continue to surge. Meanwhile, the Technology sector may see some profit taking activity…

[biswardi-hasbi]

Bursa Malaysia Susut RM157 Bilion Dalam Nilai Pasaran Sejak Tamat PRU14 PETALING JAYA, 17 Apr - Permodalan pasaran Bursa Malaysia susut RM157 bilion sejak tamatnya pilihan raya umum ke-14 lalu, dengan penanda aras pasaran FBM KLCI mencatatkan 1,629 mata berbanding 1,846 mata sebelum 9 Mei 2018.

[weddinghairxgu]

Stock Market Analysis: 06/14/14

Volume was lower at 1.48 billion units worth RM1.66 billion from 1.49 billion units worth RM1.61 billion on Thursday. Daily MACD, still above the zero-line and the signal-line, continued to slide lower and its histogram also further contracted downward, indicating further decline in the index’s daily momentum. Most of my the boutique participated in September's correction with 5-7% decline rate. Twitter (TWTR) briefly traded above the 50 day on Friday but usually the first few attempts fail and we see a correction. “The sale of the 1MDB power unit for RM9.8bil in cash is the first step towards resolving 1MDB’s RM42bil debt. The shrinking numbers attest to the real power of a “madman theory of the Presidency” on investors. Next week the real action will come back and could set the tone for January. Hence, the FBM KLCI is likely to further consolidate or correct downward in the coming week. On the weekly chart, the FBM KLCI formed a white shooting-star candlestick, a top reversal candlestick pattern, which indicates the key index had experienced some profit taking activity at latter part of the week after the initial upsurge on last Monday. At close, the FBM KLCI settled at 1,670.27, up 1.24 points or 0.07%, from Thursday’s close of 1,669.03, after opening 0.58 of a point higher at 1,669.61 and moved between 1,666.97 and 1,671.72 throughout the day.

On a weekly basis, the benchmark index gained 0.29 of a point from 1,669.98 on previous Friday. What has become of this country where we have gotten to the point where we tax the producing citizens to the point where they are willing to reduce their workload (and therefore their income) because the are taxed to the point where it is no longer worth it to work harder for less money? How much longer we can go forward when 40% of the people are paying for the other 60%? And this is exactly what the majority of the people have failed to realize. Seems to me that they have a small issue to resolve before they can claim that the loans are repaid. There are many stock market training institutes and training centers to offer trading concepts apart with courses like NISM/NCFM/STOCKPRO are nationally recognized certification mandatory for various professionals in the capital market in India.

It's like that at my house. My training is as an engineer, where the math says what it says, and there are no phantom things like in finance. You do the math. If you’re looking at the candlestick or box itself (aka the candle or body), the top and bottom ends represent how much the stock moved between where it opened and where it closed. 1. Drink water. This is not only to keep the body well hydrated, but also to aid proper elimination of waste. By successfully solving the conundrum ‘How to keep a record of investments’, investment apps have hooked people into investing. While a part of that group elected him because he was black (both a majority of African-Americans AND a significant percentage of white people (which leads to a question of racism, but I think I'll discuss that later) ) Others elected him because they wanted "change". We should stay opinionated, but we should also have an open mind to change our views when a more plausible explanation is put forth. I’d say that the explanation is obvious. Taxpayers also won’t be getting a big slug of Chrysler stock in exchange. As vaccine doses began arriving around Europe Saturday, German Health Minister Jens Spahn called it a "day of hope" but warned that getting everyone immunised would be a "long-haul" effort.

[catlifedvd]

Stock Market Analysis: 01/19/20

Whenever I visit a blog or people send me request for linking I always look at what is this persons setup. He knows and is experienced a lot in his setup and that is why he makes money. If you can understand that you will be able to make lot of money. Once you can make a setup work, then it is easier to make other setups work or develop other setups. Once you have a setup your problem of cognitive load will decrease because you will be doing a very narrowly focused task. So defining a specific task to become an expert at is very critical.The first step in becoming a good trader is to arrive at a tradable setup. For example if you go to Charles Kirk site, there are lot of nice things he does , he makes great link posts, he gets good guests, he does good job of finding interesting stuff, but forget all those things, at the heart of his method is a ATR channel based setup. Same way if you study any successful trader they have a setup they trade. I constantly look for setups and study other peoples setups.

Guess about what. Setups. Same way if you go to Dan Zanger's site you will see that he specializes in 2 or 3 setups. Over the years thousands of traders have been members and those who benefited from the learning talk about the site to others or talk about the methods used and that is how new members learn about the site. Sometime back I had coffee with one of the members who is a day trader. Level 3 Communications Inc. (LVLT) - Level 3 Communications Inc. bounced off the 50 day moving average on Wednesday. Saskatchewan, Inc. hit $190 Tuesday morning and then dropped $7. Hyperdynamics Corporation (HDY) - Shares of Hyperdynamics Corporation hit a new 52 week high Thursday. Similarly, boutiques s with high earnings momentum outperform stocks with low earnings momentum. Choose the stock market advisory company which provides high accuracy stock future tips. Wednesday after the company reported better then expected earnings. Baidu, Inc. (BIDU) - Shares of Baidu, Inc. broke out on better than expected earnings Tuesday. Such drift in price coming in to earnings season is called pre earnings drift. Hence, the FBM KLCI is likely to further consolidate or correct downward in the coming week.

But stocks also drift up coming in to earnings. What drives pre earnings drift is either earnings information leakage (which was common pre Reg FD ) or due to analyst actions. On companies with extensive analyst coverage, when analyst start raising or decreasing upcoming or future earnings estimate, it results in pre earning drift, if the information is not reflected in the stock price. Apple (AAPL) - Apple (AAPL) continues to soar above $300 ahead of earnings. Apple (AAPL) - Apple (AAPL) dropped back to $200. But for some reason people keep going back to those foods. Overseas, European shares tumbled after countries across the Continent and beyond barred travelers from Britain in an effort to keep out an infectious variant of coronavirus that is spreading rapidly in England. Then, consider buying shares of a stock that overall, seems likely to rise in value. Advance Auto Parts Inc. (AAP) - Shares of Advance Auto Parts Inc. (AAP) rose more than 8% late Monday after the retailer reported third-quarter sales in line with expectations and higher-than-expected per-share gains. With what we know today about pesticides and their negative impacts on human wellbeing and nature, we should be more watchful than any other time in recent memory.

This natural gravy will be a lot lower in calories and hopefully a lot more flavoursome too. You will see most successful traders do the same. That is why you will see stocks breaking out 4 to 6 weeks before earnings and then rallying in to earnings season. Splunk (SPLK) will be delivering earnings November 29, 2016. We will be watching the developments in the stock picks group. The next way you can invest in the market is through stock options. 2. Ranging is a difficult thing to decipher as it can move up or it can move down. The basic idea behind swing trading is to capture the best part of a move in a stock or any instrument. Assets usually tend to move larger when the dollar is weak. The ICE U.S. Dollar Index, which measures the greenback against a basket of currencies, gained 0.5% as investors worried about fresh lockdowns.

[cartierrings]

FBM KLCI Turns Profit

FBM KLCI Turns Profit

KUALA LUMPUR: FBM KLCI pulled back most of their earlier gains to end almost flat in the afternoon. At 12.30 pm, the major index was up 0.45 points at 1,437.97, having risen to 1,444.67 in the morning session. Market breadth was negative, with 370 declining as compared to 299 gainers. Trading volume remained weak with 1.17 billion shares exchanged for a value of RM561.97mil. In Financial…

[karingudino]

Trading ideas: AE Multi, Dayang, HeiTech, Eco World Development, UEM Sunrise, Chin Hin

KUALA LUMPUR: Shares to look at on Thursday embrace AE Multi Holdings Bhd

, Dayang Enterprise Holdings Bhd

, Heitech Padu Bhd

, Eco World Development Group Bhd

, UEM Sunrise Bhd

and Chin Hin Group Bhd

, in keeping with JF Apex Analysis.

The analysis home home additionally stated WCT Holdings Bhd

, Greatech Technology Bhd

, AEON Credit Service (M) Bhd

, Genting Malaysia Bhd

and Wintoni Group Bhd

may see buying and selling curiosity following their newest company information.

AE Multi has bagged one other venture to arrange the manufacturing facility for PNE PCB, a brand new entrant to the rubber glove business.

Dayang Enterprise has received a contract extension from Sarawak Shell Bhd. The group stated its wholly-owned subsidiary DESB Marine Providers acquired the contract extension for the supply of an lodging workboat, Dayang Opal.

The Inland Income Board has renewed a contract price RM35.3mil for HeiTech Padu for provide, supply and renewal of CA Gen software program, Entry Gen (TSO) and Composer Report for the mainframe system.

Eco World Growth stated the property developer’s board has determined to not pursue the proposed merger with rival UEM Dawn following cautious analysis of the merger alongside EcoWorld’s personal enterprise plans and the present difficult atmosphere with the re-implementation of the Motion Management Order (MCO).

Chin Hin Group Property

has proposed to amass a 1,943 sq metre piece of vacant land in Kuala Lumpur for RM20.91mil to develop workplace tons.

WCT stated a judicial committee has upheld the Dubai Court docket of Enchantment’s determination that recognises a closing award of RM1.2bil in favour of the corporate in its dispute with Meydan Group LLC over the Nad Al Sheba Dubai Racecourse venture.

Greatech Know-how is shopping for 5.9 acres of leasehold land in Penang for RM13.37mil from the Penang Growth Corp.

Aeon Credit score has been granted a renewal for its money-lending licence below the Moneylenders Act 1951 and Moneylenders (Management and Licensing) Rules 2003 by the Ministry of Housing and Native Authorities.

Genting Malaysia’s Resorts World Genting (RWG) has issued a discover that it anticipates a decline in variety of guests following the implementation of the MCO, conditional MCO (CMCO) and restoration MCO (RMCO).

It stated it will likely be working at a decrease capability and that a few of its choices will not be accessible from Jan 13, 2021.

Wintoni has been granted an extra extension of time to nominate a alternative sponsor and submit its regularisation plan.

In the meantime, US markets ended blended with the Dow falling whereas the S&P and Nasdaq posted features after Federal Reserve officers stated rates of interest won’t be raised.

Earlier, European shares climbed amid vaccine rollout and lockdown measures within the area.

“Following the blended performances within the US and Europe, the FBM KLCI may hover sideways beneath the resistance of 1,650 factors,” JF Apex stated.

Source link

source https://fikiss.net/trading-ideas-ae-multi-dayang-heitech-eco-world-development-uem-sunrise-chin-hin/ Trading ideas: AE Multi, Dayang, HeiTech, Eco World Development, UEM Sunrise, Chin Hin published first on https://fikiss.net/ from Karin Gudino https://karingudino.blogspot.com/2021/01/trading-ideas-ae-multi-dayang-heitech.html

[ebisss-my]

KLCI ditutup di bawah tahap 1.600; Pasaran utama Asia berwarna merah

KLCI ditutup di bawah tahap 1.600; Pasaran utama Asia berwarna merah

KUALA LUMPUR: Bursa Malaysia menyaksikan tekanan penjualan berikutan FBM KLCI utama ditutup di bawah tahap 1,600. Pada penutupan, indeks 30 saham berakhir 21.44 mata, atau 1.33% kepada 1,595.29, paras terendah harian. Indeks dibuka 0.05 mata lebih baik pada 1.616.78. Lebar pasaran adalah negatif kerana penurunan mengatasi kenaikan. Terdapat 315 untung, 860 kaunter rugi dan 420 kaunter diniagakan…

[kazifatagar]

Keeping OPR at 3% provides clarity for the local market

The recent uptick in the FBM KLCI indicates renewed buying interest, potentially offering a short-term rebound opportunity. Bank Negara Malaysia’s decision to keep the OPR steady at 3% provides clarity for the local market. We expect plantation stocks to remain in focus as CPO futures approach RM5,000 per tonne. • We anticipate the benchmark index to trade within the range of 1,630 to 1,640…

[canada4news]

KLCI tumbles 20 points; over 1,100 stocks in red

KLCI tumbles 20 points; over 1,100 stocks in red

KUALA LUMPUR: Bursa Malaysia sank into the red at closing with over 1,100 counters falling as heavy selling continued to bash down blue chips and small-cap stocks. The FBM KLCI closed 20.12 points, or 1.26% lower at 1,576.62. The index opened 3.80 points higher at 1,600.54 this morning. Market breadth turned negative as losers hammered gainers on a ratio of 1,119-to-231 stocks. Traded volumes…

[khalidsworld]

FBM KLCI tumbles as Bursa decliners top 800 KUALA LUMPUR (Sept 3): The FBM KLCI closed down 22.14 points or 1.44% at 1,515.40 today while the number Bursa Malaysia decliners rose past 800 on profit-taking and as investors took cue from China share losses.