Latest bursa Malaysia stock trading picks for last week of April

The April month of 1Q2017 is about to end in a week. Before the new month starts and you plan for your investment in Malaysia Trade markets, we bring you some important Bursa Malaysia stock trading picks that you can use for achieving your financial goals and invest smartly.

KLCI posted a turnover of 511.61 million shares valued at RM189.73mil. Stock market observed 303 gainers, 133 failures, and a huge number of counters unaltered to be precise 249.

bursa Malaysia stock trading picks

As per US bank, the MSCI Malaysian share market index has risen by 6.6% since the start of 2017. Thus, expects a higher boosting in the April-May 2017.

Malaysia is expecting an election in the month of August or early September and that shall favor the equity markets of Malaysia. So the best entry point in the market for the US Morgan Stanley can be May-June.

As per Lobena, chief executive of the Malaysian Chamber of Commerce and Industry, various European countries have opted Malaysia for their business opportunities in the 10 Southeast Asian countries. Thus, this news directly points towards boom in the Malaysian share markets and share investment in Malaysia. Soon the traders can expect a boost in trading markets.

A rough exchange might be observe in the close run though KLCI is ruling over 1740 levels as said by Maybank Investment Banking.

In addition, oil opened up as a rough exchange in this week reason behind this was OPEC initiative to maintain oversupply that was observe since last two years. Financial advisers in Malaysia also said that oil might be rough in this week as well.

PETRONAS Gas rose to 6 Sen to RM18.40 & simultaneously, PETRONAS Chemicals rose 3 Sen to RM7.55.

bursa Malaysia stock trading picks

Bursa Malaysia has climbed 6.9% in 2017 and 18.13% scaled the Bursa Small Cap Index which makes Bursa Malaysia one of the top and best executing index globally.

Scientex that is a scientific textile industry rose 15 sen to RM8.70 while Vitrox which is an electronic company based in Malaysia picked up 13 sen to RM5.21.

CIMB, which is a retail banking company in Malaysia, further added 10 Sen to RM5.60.

bursa Malaysia stock trading picks

With the most gaining shares there are few companies which experienced a bad week in the Malaysian share markets. Malaysia financial advisory suggests not to rely on these shares for the last week of April.

BAT is the highest failure down with 46 sen with RM46.60.

bursa Malaysia stock trading picks

Westport, which is an investment company, also faced a downfall in the share market by-3.8percentage

bursa Malaysia stock trading picks

Therefore, we hope that in the last Week of April, you have the best stock picks and for all your share investment Malaysia, you can rely on our most accurate Bursa Malaysia Stock Trading picks.

Bursa malaysia stock tips – Asian shares slipped on Thursday

 

Asian shares slipped on Thursday after Wall Street endured a mellow difficulty following quite a while of additions, while the dollar blurred against the yen in ordinary year-end benefit taking. Japan’s Nikkei lost 1 percent as the yen solidified, edging far from its late one-year beat. – Bursa malaysia stock tips

Australia’s fundamental

list facilitated 0.1 percent, having touched a 17-month top the earlier day. Moves were unobtrusive over the locale with MSCI’s broadest list of Asia-Pacific shares outside Japan off only 0.05 percent.

The pullback on Wall Street came in the midst of light volumes and likely reflected alert about what the New Year may bring, given Wednesday was the principal session when exchanges really settle in January.

The Dow fell 0.56 percent,

while the S&P 500 lost 0.84 percent and the Nasdaq 0.89 percent. Boeing fell 0.9 percent after Delta Air Lines crossed out a US$4-billion request for 18 Dreamliner

while the S&P 500 lost 0.84 percent and the Nasdaq 0.89 percent. Boeing fell 0.9 percent after Delta Air Lines crossed out a US$4-billion request for 18 Dreamliner air ship.

Innovation was the biggest weight on major files, with Nvidia down 6.9 percent after short merchant Citron Research said the market was disregarding the headwinds for the stock – which had prior touched a record high.

Powerless home deals information were rebuked for a portion of the offering, however typically this arrangement scarcely gets a specify in business sectors.

Contracts to purchase beforehand claimed US homes fell in November to their most reduced level in almost a year, an insight of how rising home loan rates could weigh on the lodging market.

US bonds made an uncommon rally s the delicate report joined with shockingly solid interest for an offer of new five-year Treasury notes. Yields on 10-year paper tumbled to their most minimal levels in two weeks to around 2.497 percent.

However euro zone yields were additionally falling on worries about the quality of a safeguard get ready for Italian banks and typical year-end alert. Germany’s 10-year yields hit their least in seven weeks at 0.181 percent, while their rebate to Treasury yields came to the largest on record.

The steadily augmenting yield hole kept the euro retrained around $1.0435, subsequent to touching an eight-session trough of US$1.0372. Sterling was additionally delicate at US$1.2233 in the wake of hitting its most reduced in two months.

The dollar facilitated 0.5 percent on the yen to 116.75,

however was still up 12 percent in the course of recent months. In item advertises, oil fell off the bubble after information demonstrated an astonish work in US unrefined inventories. US unrefined fell 32 pennies to US$53.74 a barrel, while Brent was last cited down 19 pennies at US$56.03.

Our recommendations for KLSE INTRADAY investors.

KLSE INTRADAY SIGNALS: BUY SUNMOONFOOD AT 0.097 TARGET 0.101, 0.106 SL 0.091 

Latest Hot stocks for investors.

  1. ECONBHD
  2. IJM
  3. LITRAK
  4. KOSSAN

 Enjoy our 3 days free trial service and gain lots of profits. Get 3 days free trial in bursa malaysia stock tips.