Silver trading tips for trading in April 2017

The IMF (International Monetary Fund) expects the rise in growth of Malaysian economy this year during which the drag from weak external demand wane and commodity rates improves. This could be great news for those who trade commodities especially silver using silver trading tips.

In this article, we are going to give an outlook of Malaysian commodity market along with silver trading tips.

WHAT ARE THE FACTORS THAT AFFECT SILVER PRICE?

Silver charges will, just like the country debt, consumer rates and forex in flow, increase. The inevitable long-term path of silver expenses is upward. Factors that affect this are:

  • NATIONAL DEBT:

Plot the professional country wide debt on a log scale every four years – presidential election years. The exponential rise is unmistakable. Doubling debt about every eight years isn’t always a triumphing method for US economic system.

Silver trading tips

  • SILVER PRICES – THE LONG-TERM

Silver prices have risen exponentially for 100 years, together with debt, consumer charges and forex in flow. But to know the exact price traders can refer commodity advisor and use silver trading tips provided by them.

Silver trading tips

  • SILVER TO S&P500 RATIO

Plot month-to-month expenses for silver to the S&P500 Index ratio. Inside the long term each raise exponentially however the contemporary price of silver is low compared to the price of the S&P500. Observe that silver charges are off -thirds from their 2011 high whilst the S&P is at an all-time high. Assume silver rates to move better regardless of a capacity correction inside the S&P. Commodity signals are also helpful in determining ratio.

Silver trading tips

  • SILVER PRICES ON A LOG SCALE

Silver costs bottomed in 2001 and have risen inconsistently since then. The log scale trend channel has increased which indicates extensive volatility, due to the fact silver charges upward thrust too swiftly after which crash. Prices are presently on the low quit of the increasing channel. Anticipate silver prices to upward push considerably from here or you can use commodity tips for the same.

Silver trading tips

HOW HIGH WILL SILVER PRICE GO?

The middle line of the increasing channel reaches around $50 by way of the cease of 2017. The high end of the channel is ready three times riser. This ensures not anything but it shows, based on the last 17 years of rate history, that a paper silver fee of $50 must not be unexpected. Of path it is going to be a surprise consistent with reputable pronouncements from “specialists” on Wall Street who agree that each one savings ought to be invested (trapped) in their digital debts. To know the current silver prices you can also use commodity trading tips and can get benefit from them.

SILVER CYCLES:

Cycles are slippery but bear in mind the following chart which indicates that silver reached lows in 1994-1995, 2001, 2008 and 2017, approximately each seven years. The vertical lines on the chart under are spaced every 84 months. Be aware that silver bottomed in December 2015 and the subsequent backside is not due till approximately 2022-23. Silver prices can also be predicted with the help of commodity recommendations.

Silver trading tips

SILVER TRADING TIPS TO KNOW WHETHER IT IS GOOD FOR INVESTMENT OR NOT

Silver is a thrilling commodity as it combines factors of precious and base metals. With silver buying and selling at just 1% to 2% of the rate of gold, it is hard to take silver as a real treasured metal, but its historical significance still makes silver a key part of the treasured-metals group in most buyers’ eyes. At the identical time, although, silver has extra uses within the industrial sector than most other precious metals and its price therefore is greater linked to the business cycle globally than you may see for gold.

The dare with investing in silver is figuring out approaches to develop your investment. If you just purchase a hunk of a metal, then your hope for gains is only that the winning price within the silver marketplace will rise. That would appear, mainly in case you assume the global economic system to get stronger in the near destiny. However it’s also quite feasible to suffer huge losses if demand and supply elements flow against you. So it’s better to stay updated with market trends either using silver trading tips or analyzing market properly.

BOTTOM LINE:

Politicians and bankers will sell failed policies during devaluing fiat currencies so it can push silver expenses higher. Assuming $30 in 2017 and $50 if one or extra implosions occur. Physical fees can be some distance higher than paper costs. So be aware with the market trends and use silver trading tips.

Prediction for crude oil in 2017 by commodity advisor

The Malaysia’s oil industry, which started out over a century ago, has flourished through the years to emerge as among the region’s most dynamic owners of oil & gas reserves, and a few of the world’s biggest producers of liquefied natural gasoline (LNG). Here we as a commodity advisor have come up with some predictions for crude oil prices in this year in Malaysia.

Commodity advisor’s prediction for crude oil:

Our analysts foresee a confined lowering bias for oil and gas shares, whose stock prices have seen a sturdy rally recently following the upward push in crude oil rates.

The deal to cut crude oil production by way of OPEC and Non-OPEC individuals boosted market sentiment with the easing of worries over the supply glut within the oil commodity market. Here are some estimation made by commodity advisor:

1.Oil price review:

Déjà vu 2016, Brent crude oil rates in 2016 had been unstable, buying and selling among the low of USD27.88pb in January to a high of USD55pb in December.

Shifting forward, we are expecting rates to remain volatile, averaging better at approximately USD50pb in 2017. No matter accords were reached to limit the supply of crude oil from OPEC member international locations, the real manufacturing cut stays to be seen – both Iran and Iraq were producing at record excessive at over 90% of their production ability. Similarly, the recently agreed manufacturing ceiling is handiest throughout six months and no company figures have been set, so commodity signals could be beneficial for trading crude oil and knowing exact price.

In 2017 however, the outlook remains rosier as CAPEX is anticipated to select up pace by means of a humble +2.8%. Locally, CAPEX from PETRONAS had been waning, just like trend. In 2016, PETRONAS’ CAPEX is expected to be at about RM45-50b, an extensive decline as compared with that of 2015 and 2014 at RM64.7b and RM71b respectively. In FY17, CAPEX via PETRONAS is expected to hover at tiers seen in 2016 as the majority of CAPEX could be dedicated towards speed in Pengerang, Johor. It’s better to opt commodity trading recommendations for getting proper information.

2. Target niche service providers:

All isn’t doom and gloom inside the oil and gas region as there are still opportunities exist, especially for asset mild and niche service providers or commodity advisors. We are bullish on such groups – Deleum Berhad and gasoline Malaysia Berhad. If you want to trade then it’s better to use commodity tips for knowing the best time and price.

3. Oil industry still offers attractive trading opportunities:

In line with the volatile moves inside the worldwide crude oil market, we are bad on asset-heavy groups with heavy reliance on upstream exploration and production motions but we remain highly qualitative with downstream related agencies. However, we advise investors to select stocks inside area of interest segments of the oil value chain with the use of crude oil trading signals.

How crude oil prices are affecting stock market? 

In starting of 2017, Brent crude has gained 0.37% or 21cents to US $57.10 a barrel.  Malaysia’s Petroleum National Bhd, a state-owned major oil industry has made a spontaneous adjustment to the production of its crude oil by up to 20,000 barrel per day.

Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) noticed the biggest rally among oil and gas shares rising 12.6% accompanied via Dayang organisation Holdings Bhd 11.2%, Petra strength Bhd 9.7%, Sapura Kencana Petroleum Bhd 8% and Alam Maritime sources Bhd 7.5%

Recovery in Crude oil will be advantageous for pure play exploration and manufacturing organizations consisting of Hibiscus Petroleum Bhd and integrated groups with oil production profile like SKPetro. But before investing in crude oil for better earnings it’s very important to prepare a crude oil trading strategy.

Bottom line:

In this, commodity advisors prediction of crude oil price there is various terms to be kept in mind and should have knowledge about for better results. This prediction by our analysts is based on deep studies and it could be beneficial for traders to earn more money this year.

Malaysia Airlines Bhd projects oil prices will increase – Crude Oil Trading Tips

KUALA LUMPUR: Malaysia Airlines Bhd ventures oil costs will increment to about US$70 a barrel toward the finish of this current year and has forceful fuel supporting set up as the cash losing national transporter looks to come back to gainful operations. – Crude Oil Trading Tips

Right now (Crude Oil Trading Tips)

we are supported around 65% of the present year at about a tad bit north of US$60,” CEO Peter Bellew said in a Bloomberg TV meet with Haidi Lun.

“We are forcefully supporting 12 months ahead on a quarter-to-quarter premise and adopting a genuinely judicious strategy to it.” – Crude Oil Trading Tips

Malaysia Airlines is anticipating an arrival to what Bellew calls

“more steady productivity” in 2018 after a normal misfortune this year as it fills a bigger part of seats in the midst of interest from business sectors driving with China.

The ringgit’s devaluation against the US dollar since Donald Trump won the US presidential race in November is a major sympathy toward Malaysia Airlines, the CEO said.

The ringgit (which has debilitated over 5% since the US race)

May reinforce throughout the following six to nine months, supporting the transporter’s profit, Bellew said.

Unrefined petroleum fates were exchanging at US$52.66 a barrel starting at 12:35pm in Singapore yesterday

Chinese travelers have since come back to Malaysia Airlines, making the nation its most grounded market now, Bellew said.

The bearer still needs more wide body planes to convey the convergence of vacationers from China to Malaysia and is anticipating to fly upwards of five million Chinese explorers in three to four years, he said.

“My issue with Chinese is I don’t have enough air ship at this moment to work flights there,” Bellew said.

“We are seeing no issues with our image or notoriety among Chinese nationals.”

There are a few deals in the air ship advertise now and Malaysia Airlines may add six to seven planes in 2018, Bellew said.

It’s in converses with Boeing Co on the 787 flying machine while consulting with Airbus SE on the A330 neo, he said.

Petronas stocks weigh on KLCI early Thursday – Commodity Trading Signals

KUALA LUMPUR: Petronas-connected stocks weighed on the FBM KLCI early Thursday as raw petroleum costs slipped while the more extensive market stay blended. – Commodity Trading Signals

At 9.28am, the KLCI was down 3.71 focuses or 0.22% to 1,706.08.  – Commodity Trading Signals

Turnover was 242.53 million shares esteemed at RM108.19mil. There were 178 gainers, 173 washouts and 295 counters unaltered.- Commodity Trading Signals

Oil costs mellowed as record high U.S. unrefined and fuel inventories sustained worries about a worldwide excess. US unrefined was down 0.15% at US$53.03 a barrel and Brent was level at US$55.75 a barrel, Reuters detailed.

Hong Leong Investment Bank (HLIB):

Research said with the idealistic exchanging notions on Wall Street taking after the superior to expected US information, merchants are probably going to keep up the bullish tone with the Dow having a potential upside towards 21,000.- Commodity Trading Signals

Be that as it may, brokers will keep on observing further advancements on US President Donald Trump’s monetary strategies.  – Commodity Trading Signals

“In the interim, positive slants may overflow to the neighborhood bourse on specific heavyweights. By the by, brokers may send offer into-quality procedure if the FBM KLCI exchanges into the locale of 1,720-1,730 in the wake of arousing more than 40 focuses in the course of recent weeks,” said the examination house.

Reuters announced the dollar cooled off on Thursday in the wake of moving to a one-month high as a keep running of perky US financial information revived desires of an early rate climb by the Federal Reserve.

The dollar record touched 101.76 on Wednesday:

a pinnacle concealed since Jan 12, on the wake of superior to expected U.S. expansion and retail deals information before withdrawing to 100.94 on benefit taking.

Petronas Gas and Petronas Dagangan fell eight sen each to RM20.52 and RM23.84 while Petronas Chemicals shed six sen to RM7.15.

Age Credit’s rally hit a hindrance, down 22 sen to RM15.68. BAT lost 20 sen to RM48.80 and Box Pax seven sen bring down at RM1.87.

Heineken rose 66 sen to RM16.58 subsequent to reporting a solid arrangement of results while Nestle added 34 sen to RM76.42.

Gas Malaysia rose nine sen to RM2.85 after its firm profit, ECS added nine sen to RM1.48, RCE Capital and Public Bank were up eight sen each to RM1.59 and RM19.98.

RCE Capital’s 3QFY17 net benefit rose 67% on-year,

because of higher intrigue and charge pay, driven by constant development in its purchaser financing section.

Dnex was the most dynamic, up three sen to 31 sen and its warrants WD added one sen to eight sen. DNeX was picked to be the specialist co-op for the eWork Permit System.

Malaysian palm oil fates on Monday – Commodity Recommendation

KUALA LUMPUR: Malaysian palm oil fates on Monday hit a two-week low, recording a moment straight session of decays, as costs were overloaded by prospects of enhancing levels underway. – Commodity Recommendation

Benchmark palm oil prospects for April conveyance on the Bursa Malaysia Derivatives Exchange was down 1.2 percent at 3,036 ringgit ($682.71) a ton at the end of exchange. It prior tumbled to 3,019 ringgit, palm’s weakest levels since Jan. 31.  – Commodity Recommendation

Exchanged volumes remained at 68,361 heaps of 25 tons each at night.  – Commodity Recommendation

“Creation figures are bearish (on costs) as it is observed getting in February. Creation is coming in and the surge season is over,” said a prospects dealer from Kuala Lumpur, be that as it may, including there may not be a lofty decrease in costs.

“The market is as yet holding at the 3,013 ringgit levels. Spot month costs are still exceptionally solid.”

Expanding yield of the tropical oil, as the impacts of the harvest harming El Nino become dull, could facilitate palm’s benchmark costs, which are exchanging at an over four-year high at this point.

Generation for January declined 13.4 percent to 1.28 million tons

its most keen drop in a year, as indicated by information from the Malaysian Palm Oil Board on Friday.

Overwhelming precipitation over the east shoreline of Peninsular Malaysia likewise affected yield a month ago, as surges prevented the organic product collecting process.

Palm oil may drop to 3,014 ringgit for every ton, as it has broken a support at 3,089 ringgit, said Reuters advertise examiner for wares and vitality technicals Wang Tao.

In other related consumable oils

the March soybean oil contract on the Chicago Board of Trade declined as much as 0.8 percent, while the May soybean oil contract on the Dalian Commodity Exchange fell 0.8 percent.

The May contract for Dalian palm olein dropped as much as 1.6 percent.


Our recommendation for KLSE investors


  1. HIBISCS
  2. IFCAMSC
  3. SERBADK
  4. ARMADA
  5. BIG

KLSE INTRADAY SIGNALS: BUY BIG AT 0.540 TARGET 0.560, 0.580 SL 0.515


Our recommendation for SGX investors


  1. NOBLE
  2. AUSGROUP
  3. HONG LEONG ASIA
  4. AA
  5. SINGPOST

SGX INTRADAY SIGNALS: BUY HONG LEONG ASIA AT 1.32 TARGET 1.37, 1.42 SL 1.26


Oil prices rose more than 2 percent on Friday – Commodity Tips

Oil costs climbed more than 2 percent on Friday oOn desires that this current end of the week’s meeting of the world’s top oil makers would exhibit consistence to a worldwide yield cut arrangement, however rising U.S. boring movement restricted increases. Commodity Tips

Individuals from the Organization of the Petroleum Exporting Countries and some other delivering nations incorporating Russia will meet in Vienna this end of the week to set up an instrument to check consistence with an arrangement to cut 1.8 million barrels for every day (bpd) of yield, OPEC’s secretary general told Reuters.

Saudi Arabia’s vitality serve said 1.5 million bpd had as of now been removed from the market. Commodity Tips

“The petroleum markets are moving higher in Friday exchange on the most recent round of positive discuss how much supply oil makers have taken disconnected in front of Sunday’s survey by OPEC and non-OPEC agents in Vienna,” Tim Evans, Citi Futures’ vitality prospects master, said in a note.

Brent unrefined finished the session up $1.33, or 2.5 percent, at $55.49 a barrel. U.S. unrefined for February conveyance shut everything down $1.05, or 2 percent, at $52.42 a barrel before terminating. The more dynamic March contract settled up 2.1 percent at $53.22.

For the week, both contracts were to a great extent unaltered.

Costs pared increases after information from vitality benefits firm Baker Hughes indicated U.S. penetrating organizations this week included the most oil apparatuses in almost four years.

Swelling oil stockpiles in the U.S. what’s more, rising shale creation could debilitate showcase rebalancing, experts said.

“For an enduring equalization to be reestablished on the oil showcase and the high stocks diminished, the assention should be entirely executed over an impressive timeframe,” Commerzbank said in a note.

“This is especially genuine given that U.S. oil creation is rising again and given that the oil supply from Libya and Nigeria might be extended.”

U.S. unrefined inventories out of the blue took off 2.3 million barrels a week ago as refineries strongly moderated creation, while fuel fabricates were much bigger than anticipated in the midst of powerless request, the Energy Information Administration said on Thursday.

Multifaceted investments hurried to put bullish bets on U.S. raw petroleum in the week to Jan. 17, boosting their net long positions to the largest amounts since July 2014, information from the U.S. Ware Futures Trading Commission (CFTC) appeared.

Net long positions in NYMEX fates and choices among theorists took off to the most astounding on record, in light of openly accessible information retreating to 2006.

Libya’s National Oil Corporation (NOC), in the mean time, said generation had now moved to 722,000 bpd, continuing its ascent after poor climate had brought about a little plunge.

Bjarne Schieldrop, boss wares expert at SEB Markets, said Brent unrefined was beginning to move into an exchanging range around $55 as the creation cut arrangement set a story cost of $50, while U.S. shale oil makers topped the upside at $60.

KLCI skids as Trump pulls ahead in US presidential polls

KUALA LUMPUR :  Blue chips slipped in late Wednesday morning exchange, following the anxious key Asian markets and the tumble in the fates of the Dow Jones Industrial Average (DJIA) as Donald Trump pulled in front of Hillary Clinton in the US presidential survey.

At 11.35am, the FBM KLCI lost 21.02 focuses or 1.26% to 1,642.80. Turnover was 937.59 million shares esteemed at RM613.10mil. Decliners pounded advancers more than nine to one with 754 washouts to 83 gainers and 203 counters unaltered. Wire reports said the prospects for the DJIA fell 500 focuses before paring misfortunes.

US stock file prospects tumbled in uneven exchange on Tuesday as tight races in key states including Florida and Ohio stirred wagers that Republican Donald Trump could win the U.S. presidential decision, spooking financial specialists who have been depending on a triumph by Democrat Hillary Clinton, Reuters reported.

Japanese stocks slid more than 3% to a five-week low on Wednesday morning as money related markets were shaken by leave surveys indicating Trump was in the number one spot, Reuters included. Markets fear a Trump triumph could bring about such monetary and worldwide vulnerability to keep the Federal Reserve from bringing loan fees up in December, as since quite a while ago anticipated.

At Bursa, BAT fell 56 sen to RM47.80, surrendering about 33% of Tuesday’s increases. Dutch Lady lost 42 sen to RM58.28. With respect to ranches, PPB Group lost 36 sen to RM15.74, Chin Tek was down 30 sen to RM7.60. Genting Bhd lost 30 sen to RM7.71 with 1.55 million shares done as assets diminished their stakes.

Our Recommendation for KLSE INTRADAY investors :
KLSE INTRADAY  SIGNALS : BUY CNMC GOLDMINE AT 0.545 TARGET 0.575, 599 SL 0.514 
 

Public Bank and CIMB Group pushed the FBM KLCI.

KUALA LUMPUR : Public Bank and CIMB Group pushed the FBM KLCI marginally higher at late morning on Wednesday in the midst of the weaker more extensive market on some benefit taking after the earlier day’s additions.

At 12.30pm, the FBM KLCI was up 0.72 indicate or 0.04% 1,668.29. Turnover was 753.96mil shares esteemed at RM678.51mil. There were 288 gainers, 353 failures and 371 stocks unaltered.

Asian shares ascended for a brief moment session on Wednesday as a flood of Chinese information affirmed the economy had settled on the back of government spending and a hot lodging market, regardless of the possibility that stresses over obligation keep on mounting, Reuters reported.

The ringgit solidified against the US dollar, the Singapore dollar and the Euro. It was at 4.1905 to the greenback from 4.1923 and picked up against the Singapore dollar at 5.1437 from 5.1389 and progressed against the Euro to 4.6021 from 4.6221. In any case, it debilitated against the pound to 5.1437 from 5.1289.

CIMB rose four sen to RM4.88 and added 0.57 to the KLCI while Public Bank rose eight sen to RM19.84 and pushed the file up 0.51 of a point. Hoard Leong Bank was level at RM13.24 yet Maybank shed two sen to RM7.96.

Control goliath Tenaga Nasional lost four sen to RM14.36 and eradicated 0.37 of a point on desires of lower profit in the final quarter finished Aug 31, 2016 contrasted and a year prior.

With respect to telcos, Axiata lost nine sen to RM5.13 and eradicated 1.32 focuses from the KLCI, Maxis shed two sen to RM5.99 however Digi and Telekom increased one sen each to RM5.01 and RM6.71.

US light unrefined petroleum rose 48 pennies to US$50.77 and Brent picked up 47 pennies to US$52.15. Petronas Gas rose six sen toRM21.80, Peteronas Chemicals three sen higher to RM6.84 and Petronsa Dagngan two sen higher at RM23.40 while SapuraKencan was level at RM1.65.

Among the shopper stocks, Heineken rose 20 sen to RM16.96 however BAT fell 20 sen to RM48.14 and F&N 16 sen bring down at RM24.28.

Smolder in analyzer KESM included 38 sen to RM9.60 lighting up prospects.

Rough palm oil for third-month conveyance slipped RM1 to RM2,713 per ton. Genting Plantations fell six sen to RM10.64. IOI Corp rose two sen to RM4.51 while KL Kepong and PPB Group were level at RM23.96 and RM16.10. Sime Darby was unaltered at RM7.90.

Panasonic Malaysia was the top gainer, up 60 sen tp RM37.50.

Among the key territorial markets,

Japan’s Nikkei 225 rose 0.09% to 16,979.32;

Hong Kong’s Hang Seng Index fell 0.12% to 23,365.33;

CSI 300 rose0.05%to 3,322.93;

Shanghai’s Composite Index shed 0.1% to 3,087.54;

Hang Seng China Enterprise fell 0.3% to 9,690.75;

Taiwan’s Taiex rose 0.66% to 9,283.68;

South Korea’s Kospi rose 0.26% to 2,045.64 and

Singapore’s Straits Times Index increased 0.11% to 2,833.63.

Spot gold fell 74 pennies to US$1,261.76.

KLSE INTRADAY SIGNAL: BUY SIGN AT 0.835 IT WILL GOES UP TO GO UP TO 0.920……
KLSE INTRADAY SIGNAL: BUY FIBON AT 0.615  IT WILL GOES UP TO 0.680……

For More Info : Commodity Trading Malaysia, Comex Trading SignalsComex Trading TipsCommodity TipsCommodity Trading RecommendationsComex Commodity Tips, Comex Tips

Profit going up against Genting Malaysia.

KUALA LUMPUR : Profit going up against Genting Malaysia drove blue chips bring down early Friday in the midst of the blended more extensive market, following the dull Asian bourses while unrefined petroleum costs slipped on questions over Opec’s arranged cuts.

At 9.23am, the KLCI was down 1.07 focuses or 0.06% to 1,663.95. Turnover was 141.69 million shares esteemed at RM51.40mil. There were 150 gainers, 136 failures and 197 counters unaltered.

Global oil costs plunged on Friday over questions that an arranged cut in unrefined generation could be accomplished on a scale adequate to rebalance a market that has been oversupplied for a long time, Reuters reported.

Universal Brent unrefined petroleum prospects were exchanging at US$51.85 per barrel, down 18 pennies, or 0.35%, from their past close. US West Texas Intermediate (WTI) unrefined prospects were exchanging at US$50.47 per barrel at 0050 GMT, up three pennies from their last close.

Hong Leong Investment Bank (HLIB) Research said the KLCI may keep on locking in a sideways mode with upside predisposition in the close term, focusing on 1,670 to 1,675 levels as the file keeps on drifting over the 100-day and 200-day basic moving normal and in addition bolster incline line from 1,612 levels.

Be that as it may, the examination house called attention to the KLCI must stage a solid breakout over these levels for a more grounded upward energy towards 1,684 to 1,700 levels. Inability to do as such will witness KLCI to head bring down back to 1,645-1,656 territory region.

“With the US December Federal Reserve rate climb likelihood generally evaluated in (Bloomberg survey: 65%), KLCI is probably going to secure range bound union mode inside 1,645-1,675 levels, anticipating real results from the up and coming Budget 2017 (Oct 21) and the US Presidential decision (Nov 8).

Genting Malaysia fell eight sen to RM4.83 as investigators recommended financial specialists take benefit. KLCC lost seven sen to RM7.76 and Hong Leong Industries lost six sen to RM9.24 in thin exchange.

Heineken was the top failure, down 16 sen to RM17.30.

Nexgram rose 0.5 sen to 6.5 sen with 11 million shares done on new corporate news.

Nexgram has collaborated to assemble PR1MA homes in Gombak and it likewise acknowledged a letter of goal to be the principle subcontractor for the proposed development of 462 flats in Bukit Katil, Melaka under the 1Malaysia Civil Servants Housing (PPA1M) conspire.

Perisai was unaltered at seven sen after the late pounding in front of its Practice Note 17 arrangement.

BAT rose 40 sen to RM48.22 in the wake of falling the earlier day, Dutch Lady added 18 sen to RM60.08.

KESM picked up 11 sen to RM8.91, Tien Wah and Magni Tech eight sen higher at M8.91 and RM2.10 while Press Metal increased six sen to RM4.42.

MISC rose seven sen to RM7.68 and PPB Group added six sen to RM16.34.

Our Recommendation for Successful KLSE ACTIVE TRADER in Malaysia.
KLSE INTRADAY  SIGNALS :
TARGET MFCB – 1.99 -2.03 , 2.11 SL 1.93

For Latest Update : Commodity Trading Malaysia, Comex Trading SignalsComex Trading Tips,  ,  Commodity Trading RecommendationsComex Commodity Tips, Comex Tips

The FBM KLCI down 1.92 points at midday as Asian markets.

KUALA LUMPUR : The FBM KLCI fell 1.92 focuses to 1,666.80 focuses at the late morning close as real Asian markets fell for a brief moment day because of expanded chances of a December loan cost climb by the US Federal Reserve.

The benchmark file had before tumbled to 1,663.78 focuses toward the beginning of today before in this manner switching the misfortunes.

As at 1230PM, add up to turnover for the KLCI was at 812.09 million shares esteemed at RM793.95mil.

The more extensive market was negative with decliners dwarfing gainers. There were 384 washouts to 253 gainers and 390 counters unchanged.The benchmark MSCI Pacific Index dropped to a three-week low as South Korea’s Samsung Electronics Co set out toward its steepest three-day misfortune in five years in the wake of closing down generation of its leader Galay Note 7 cell phone.

Somewhere else, the minutes from the US Fed’s September meeting will be discharged on Wednesday as speculators will search for intimations over an inevitable December rate climb. Chances of a rate increment by year-end rose to 67% in the midst of theory that the late surge in oil costs will fuel expansion.

US markets drooped by more than 1% yesterday as organizations start reporting their second from last quarter profit. Alcoa Inc’s arrangement of disillusioning results on Tuesday has set a bearish tone on whatever remains of corporate America because of the likelihood of weaker profit emerging from stagnating US monetary development.

In the mean time, the ringgit promote debilitated to RM4.188 against the greenback contrasted with RM4.1778 yesterday, or another seven-month low.

US rough costs ascended by 10 US pennies and was last exchanged at US$50.89 per barrel today. Brent rough rose 21 US pennies to US$52.62 per barrel.

At Bursa Malaysia, Axiata contributed 1.03 focuses to the KLCI’s decrease as the stock fell seven sen to RM5.24 at the late morning close. IHH Healthcare contributed a decrease of another 0.68 focuses to the list in the wake of falling five sen to RM6.50.

Among the banks, Maybank fell four sen to RM7.66 while CIMB fell one sen to RM4.78. AmBank rose one sen to RM4.07.

Unrefined palm oil’s benchmark third-month contract for January conveyance rose RM3 to RM2,620 per ton.

Among the estate organizations in the KLCI, Sime Darby rose two sen to RM7.85 while KL Kepong fell two sen to RM24.

Among the key territorial markets:

Japan’s Nikkei 225 rose 0.88% to 16,875.49 ;

Hong Kong’s Hang Seng Index fell 1.09% to 23,291.92 focuses;

Shanghai Composite Index fell 0.32% to 3,055.50;

Taiwan’s Taiex rose 0.28% to 9,245.33 ;

South Korea’s Kospi fell 0.22% to 2,027.51 ;

Singapore’s Straits Times Index fell 0.67% to 2,836.88 focuses.

Spot gold rose by USD4.37 pennies to US$1,257.17 per troy ounce.

KLSE INTRADAY SIGNAL : BUY PENTA  AT 1.45 TARGET 1.50,1.55 SL 1.39

KLSE INTRADAY SIGNAL : BUY MBSB  AT 0.920 TARGET 0.966, 1.012 SL 0.874

For Latest Update : Commodity Trading Malaysia, Comex Trading SignalsComex Trading TipsCommodity TipsCommodity Trading RecommendationsComex Commodity Tips, Comex Tips

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