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.

Petronas linked stocks rallied

KUALA LUMPUR : Petronas connected stocks energized, but in thin exchange early Tuesday on the solid recuperation in unrefined petroleum costs as littler players additionally hopped on the fleeting trend while supporting the FBM KLCI was Tenaga Nasional.

At 9.09am, the KLCI was up 7.92 focuses or 0.48% to 1,649.34. Turnover was 110.26 million shares esteemed at RM58.37mil. There were 176 gainers, 54 washouts and 158 counters unaltered.

Notwithstanding, Reuters reported Asian shares were on tenterhooks on Tuesday as financial specialists anticipated the Federal Reserve’s meeting that starts later in session for pieces of information on the viewpoint for U.S. money related approach.

MSCI’s broadest file of Asia-Pacific shares outside Japan edged up 0.1% in early exchange, while Japan’s Nikkei stock file slid 0.5% as the dollar fell off highs against the yen.

It additionally reported unrefined petroleum costs pulled back after their surge to 18-month on the back of an end of the week bargain by OPEC and non-OPEC makers to abridge yield. US unrefined fates slipped 0.4% to US$52.61 a barrel.

Petronas Dagangan rose 34 sen to RM23.74, Petronas Gas added 28 sen to RM21.92 while Shell rose eight sen to RM2.38. SapuraKencana and Uzma added six sen each to RM1.64 and RM1.47.

Hibiscus was the most dynamic, up two sen to 33 sen. Bumi Armada rose 2.5 sen to 61 sen, KNM edged up one sen to 34.5 sen and Sumatec squeezed out 0.5 sen to 5.5 sen.

Control mammoth Tenaga added 18 sen to RM14.16. CIMB Equities Research said Tenaga intends to convey profit before intrigue and assessment of RM20bil by 2025, inferring an intensified normal development rate of 10% in 2015-2025.

Our recommendation for KLSE INTRADAY investors.

KLSE INTRADAY  SIGNALS : BUY HYFLUX AT 0.500 TARGET 0.517, 0.535 SL 0.479 

KLSE INTRADAY SIGNALS : BUY PENTA AT 1.25 TARGET 1.30, 1.37 SL 1.18 

Latest Hot stocks 

  1. IJM
  2. PPB
  3. AIRPORT
  4. UZMA
  5. ECOVEST
  6. SINGPOST
  7. WILMER
  8. SIA
  9. HYFLIUX
  10. HYFLUX
  11. STARHUB

You can 3 days free trial here :  www.mmfsolutions.my

 

 

Petronas stocks lead KLCI higher

KUALA LUMPUR : Blue chips drove by Petronas Dagangan and Petronas Gas progressed early Thursday however keeping down the market was some mellow offering weight found in power mammoth Tenaga Nasional.

At 9.13am, the KLCI was up 4.14 focuses or 0.25% to 1,636,61. Turnover was 62.64 million shares esteemed at RM51.45mil. There were 163 gainers, 63 failures and 138 counters unaltered.

Kenanga Investment Bank Research said the KLCI had on Wednesday shut everything down focuses or 0.17% at 1,632.47.

“Notwithstanding shutting operating at a profit, the FBM KLCI had framed a ‘Hanging Man’ candle yesterday which reflects uncertainty in market bearing.

“This combined with the low exchanging volume and bearish MACD slant propose that the KLCI still needs impulse for a close term recuperation,” it forewarned.

The exploration house said unless the 1,632/1,637 (R1) resistance levels are taken out in a conclusive way, it anticipates that the KLCI will stay directionless with a drawback inclination. Bolster levels are 1,620 (S1) and 1,600 (S2) additionally down.

Petronas Dagangan rose 16 sen to RM23.36 and Petronas Gas added 12 sen to RM21.62 in generally thin exchange. HLFG added 14 sen to RM14.94.

Settle was the top gainer, up RM1.10 to RM77.20 with only 100 shares done, BAT added 32 sen to RM44.58, Apollo 17 sen up to RM5.75,

In any case, Ajinomoto fell 22 sen to RM13.56, F&N fell 10 sen to RM23.30 with 100 shares done and Carlsberg added six sen to RM13.86. QL Resources shed three sen to RM4.36.

Genting Plantations rose 18 sen to RM10.86 while Kossan picked up 14 sen RM6.58.

Lafarge lost four sen to RM7.42 while Ireka, HL Industries and MAHB fell three sen each to 65 sen, RM9.75 and RM6.19 individually.

Our recommendation for KLSE INTRADAY investors.

KLSE INTRADAY SIGNALS : BUY YUUZOO AT 0.156 TARGET 0.160, 0.166 SL 0.149

KLSE INTRADAY SIGNALS : BUY EZION AT 0.370 TARGET 0.388, 0.407 SL 0.350

KLSE INTRADAY SIGNALS : BUY YSPSAH AT 1.85 TARGET 1.90, 1.96 SL 1.78

KLSE INTRADAY SIGNALS : BUY HEVEA AT 1.44 TARGET 1.49, 1.54 SL 1.38 

Latest hot stocks

  1. Klk
  2. Gamuda
  3. Ppb
  4. Mycron
  5. Drbhcom
  6. Jsh
  7. China Intl
  8. Citydev
  9. Keppel Corp
  10. Singtel

 

Five years after the project was envisioned

PENGERANG (JOHOR) Five years after the venture was imagined, Prime Minister Najib Razak formally opened a multimillion-dollar oil stockpiling terminal, remaining on 61ha of recovered land at the southern tip of Johor, part of an aspiring arrangement to construct Malaysia’s (commodity-trading-recommendation) greatest refining and petrochemical complex.

The whole US$22 billion (S$27.5 billion) extend – to be known as the Pengerang Integrated Petroleum Complex, or PIPC – is situated off the eastern side of Pulau Tekong and plans to ride the overflow of Singapore’s position as a worldwide oil and gas exchanging center.

Datuk Seri Najib on Thursday opened the Pengerang Independent Terminals, which has mammoth tanks that can store 1.3 million cubic meters of unrefined petroleum and petroleum items, and a profound water wharf that can oblige Very Large Crude Carriers.

“This venture is an imperative national accomplishment to build up the oil and gas industry in Malaysia, particularly in Johor,” he said in a discourse to industry players and additionally villagers who live around the perplexing, which is around 110km from Johor Baru.

The capacity terminal was worked by Malaysian oil and gas benefits firm Dialog Group, Holland’s oil and gas stockpiling supplier Royal Vopak and the Johor government.

Najib said that when completely finished, the coordinated complex will house Malaysia’s greatest business oil and gas storerooms.

Our Recommendation for KLSE INTRADAY investors .

KLSE INTRADAY SIGNALS : BUY SUNMOONFOOD AT 0.100 TARGET 0.105, 0.110 SL 0.094 (CFD)

KLSE INTRADAY SIGNALS : BUY SPACKMAN AT 0.145 TARGET 0.150, 0.155 SL 0.137

KLSE INTRADAY SIGNALS : BUY INNO AT 1.19 TARGET 1.23, 1.27 SL 1.14

KLSE INTRADAY SIGNALS : BUY YONGTAI AT 1.30 TARGET 1.34, 1.39 SL 1.25

Latest Hot Stocks for Malaysian investors. 

  • Noble
  • Yuuzoo
  • Ezion 
  • Global logistics
  • Capitaland

These stocks for KLSE investors .

  • HEIM
  • KLK
  • INNO
  • MISC

For More information, you can also visit here for latest updates : commodity trading malaysia commodity trading signals , commodity trading recommendations ,  crude oil trading tips  

What is leveraged trading in commodity Trading Malaysia Market?

If you are an investor or a newbie trader then definitely you have heard of the thing Leveraged Trading. Or maybe you examine up approximately some terms that sound similar to it, which includes contract For differences (CFDs), commodity trading malaysia or Forex trading, and are curious to realize what those terms suggest, and the way they may be associated with leverage trading.

Leveraged Trading:

Within the finance market, “leverage” refers to the usage of borrowed capital to raise the exposure that a trader faces, in the hopes of earning a better return than what a trader would be able to earn given the unique capital installed.  “Leverage trading” refers to making trades inside the economic markets by the use of leverage. You put up a preliminary sum of capital, and that permits you to leverage to take bigger positions.

Types of Leveraged Product:

There are numerous unique forms of leveraged merchandise. The one of the common product that people are familiar with is Crude oil trading or commodity trading.

Commodity trading refers back to the market in which commodities are traded. Commodity trading works in different segments like gold, silver and crude oil. As an example, a trader can take up a position inside the commodity market. They make money if they are right on the trade, or make losses if they are wrong. But if they use commodity trading signals then there are greater chances of gaining profit.

Different Leverage For different Instruments:

Since the risk included in every instrument is unique in its own ways, trading platform providers will offer distinct leverage for different instruments in commodity trading malaysia market.

The leverage is constantly a fraction of what it would cost to buy the assets directly, however the exact length relies upon on various factors – a greater liquid and less risky market will require a smaller margin (e.g. five%), whereas a volatile commodity market may require a bigger margin. But commodity trading recommendations will be very useful for fruitful outcomes.

Managing Leverage:

All financial products may be unstable for investors and traders if the manner of hazard control isn’t taken significantly. Even buying and selling treasury bonds, which the average investors might deem as secure, can be risky if someone is unaware of the risks concerned. The same may be said for leverage commodity product.

Leverage is a double-edged sword. On one hand, buyers want to utilize it to boom their profits. On the identical time, the leverage should probably translate into bigger losses as nicely. But if you are trading commodity say crude oil and you have crude oil trading strategy then it will increase the chances of profit and lessen the risk.

Benefits Of Leverage:

The number one advantage of leverage is that it frees up your capital, as you should commit a fraction of the value of the assets you are inquisitive about while using crude oil trading tips.

With leverage you may take a miles larger role than you could with a right away physical holding. this indicates you could get the maximum from your capital, and possibly put money into a selection of different resources as opposed to restricting yourself to at least one or .

Bottom Line:

It’s essential to notice that buying and selling in this commodity trading malaysia market includes huge dangers and isn’t always suitable for all – risk capital have to be used. Investors could loss more than original investment if doesn’t have a proper strategy.

Trading ideas: Tanjung Offshore, PDZ, Land & General

KUALA LUMPUR: JF Apex expects Tanjung Offshore Bhd, PDZ Holdings and Land and General Bhd to be among the stocks which could see exchanging activity on Wednesday. The exploration house additionally expects Apex Healthcare, Kuala Lumpur Kepong (KLK) and Astro Malaysia Holdings Bhd to create some exchanging enthusiasm after their quarterly results declarations and corporate news yesterday.

Tanjung Offshore is wanting to buy a 51% stake in Wenmax Bhd, a Petroliam Nasional Bhd (Petronas) authorized seller, for RM8mil to extend its upstream oil and gas segment. PDZ is rethinking its arrangement to wander into the downstream oil and gas business, as it prematurely ended on Tuesday the practice went for raising assets for its proposed billion-ringgit melted petroleum gas (LPG) extend;

JF Apex said Land and Genera has proposed to purchase more than four organizations from Malaysia Land Properties Sdn Bhd for an entirety of RM298.32mil, with land banks deliberately situated in Klang Valley. In the interim, Apex Healthcare’s 3QFY16 net benefit rose 57.5% yoy, driven by higher income and benefit commitment from its partner. KLK has sweetened its takeover offer for London-recorded MP Evans Group Plc, which works ranches in Indonesia and Malaysia, from 640 pence (RM34.41) to 740 pence (RM39.78).

MALAYSIA share prices opened higher on Wednesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 3.340 points to 1633.900.
Volume was 32.919 million lots worth RM12.548 million.

Gainers outnumbered losers 94 to 36.

 

Our recommendation for KLSE INTRADAY investor.   

KLSE INTRADAY SIGNALS : BUY SASBADI AT 1.48 TARGET 1.55, 1.62 SL 1.40 

Latest Hot stocks of KLSE investors.

  1. PANAMY
  2. PHARMA
  3. DKSH
  4. MSC

Subscribe here for 3 days free trail 

get-3-days-free-trail here

Trading ideas for Malaysian investor

KUALA LUMPUR: AmFIRST Real Estate Investment Trust (AmFirst REIT), Telekom Malaysia Bhd (TM) and Raya International are among the stocks which could see exchanging enthusiasm on Tuesday, as indicated by JF Apex Research.JF Apex likewise expects Southern Steel, Hup Seng and Samchem Holdings to see exchanging enthusiasm after their corporate news and budgetary results.

AmFIRST REIT saw its net property pay in second quarter FY17 rose 23.6% year-on-year primarily determined by extra income from the recently gained Mydin Hyper Mall in Penang and in addition higher inhabitance and rental inversion in Menara AmBank. TM has marked a 15-year contract worth RM916.1mil to give computerized earthbound TV broadcasting foundation, organize offices and related administrations to MYTV Broadcasting Sdn Bhd.

Raya International arrangements to get two oil tankers for RM6mil to bolster its bunkering administration business by means of the issuance of shares, and money raised through continues from a proposed right issues with warrants. In the interim, Southern Steel came back to the dark in its 1QFY17 with a net benefit of RM19.3mil against a net loss of RM51.91mil a year prior, because of higher offering cost and lower cost Hup Seng, the gathering’s 3QFY16 net benefit slid 14% year-on-year, for the most part because of higher information costs, and quickening working costs. Samchem’s 3QFY16 net benefit grew 2.7 times to RM3.2mil because of higher deals and overall revenue.

Our recommendation for KLSE INTRADAY investors.
KLSE INTRADAY SIGNALS :  BUY SSTEEL AT 1.28 TARGET 1.34, 1.40 SL 1.20
KLSE INTRADAY SIGNALS : BUY JHM AT 1.36 TARGET 1.40, 1.45 SL 1.30 
Latest Hot Stocks for Malaysian investors. 
  1. MAYBANK
  2. HARTA
  3. SIGN
  4. ASTRO

Subscribe here for 3 days free trail. 

free-trial

KLCI skids early Monday

KUALA LUMPUR : Blue chips fell early Monday, broadening their decay from a week ago post-retail marketplaces responded forcefully on stresses over Donald Trump’s arrangements after the Republican hopeful secured the US presidential post.At 9.41am, the FBM KLCI was down 12.85 focuses or 0.79% to1,621.34. Turnover was 240.90 million shares esteemed at RM156.25mil. There were 114 gainers, 329 washouts and 201 counters unaltered.

Bloomberg reported the US dollar reinforced versus most companions, US value list prospects picked up and a selloff in sovereign bonds developed as financial specialists kept on surveying the ramifications of Donald Trump’s decision to the American administration. Japanese shares revived after financial information.

The ringgit was at 4.3315 against the US dollar, up 0.24% from last Friday’s nearby at 4.3418 as Bank Negara Malaysia said it would control theoretical movement in the seaward market which has driven the cash distant from its essentials.On the standpoint for the market, JF Apex Research said: “Taking after the bearish force started by Donald Trump’s triumph in the US decision, the KLCI is relied upon to stay unstable and indeterminate with a negative predisposition with prompt support at 1610.”

BAT fell the most, down 76 sen to RM44.30 while Henieken lost 10 sen to RM16.66.Petronas Dagangan fell 24 sen to RM23.26 and Petronas Gas 14 sen bring down at RM21.56.PPB Group lost 14 sen to RM15.86, HLFG 12 sen to RM14.92, Hap Seng 10 sen to RM7.70 and LPI was down 10 sen likewise to RM16.50.Hong Leong Industries added 11 sen to RM9.90, N2N six sen to 80 sen and Sime Darby five sen higher at RM8.04.

Our Recommendation for KLSE INTRADAY investors. 

KLSE INTRADAY  SIGNALS : BUY DANCO AT 1.36 TARGET 1.42, 1.49 SL 1.29 

Latest Hot Stocks for Malaysian investors.

  1. PESONA , AXRIET
  2. TECNIC
  3. N2N
  4. GASMSIA

free-trial

KLCI tracks key markets

Malaysia’s securities exchange climbed early Tuesday, riding on the coat tails of the riding on the coat tails of the firmer key Asian markets and the overnight bounce back on Wall Street as financial specialists were sure about Democrat Hillary Clinton winning the US presidential race.

At 9.25am, the KLCI was up 4.44 focuses or 0.27% to 1,655.03. Turnover was 152.17 million shares esteemed at RM86.45mil. There were 231 gainers, 87 failures and 209 counters unaltered.

Reuters reported Asian shares ascended in early Asian exchange on Tuesday in front of the US presidential decision with speculator opinion floated by enhancing prospects for Democrat Hillary Clinton to win.

MSCI’s broadest file of Asia-Pacific shares outside Japan was up 0.2%. Japan’s Nikkei rose 0.3%, helped both by the positive conclusion and a weaker yen.

The MSCI World list included 0.1%, expanding on Monday’s 1.6% surge, its greatest single-day bounce in right around 19 weeks, the wire report said.

US unrefined was level at $44.87 a barrel, in the wake of progressing 1.9% on Monday, yet worries about the more grounded dollar and questions over OPEC’s arranged generation cuts still weighed on feeling.

At Bursa, BAT rose 64 sen to RM47.60 while Hartalega added 12 sen to RM4.82 and HL Industries nine sen higher at RM9.83.

Among the estates, KL Kepong and PPB Group rose 14 sen each to RM24 and RM16.14 while Genting Plantations added 10 sen to RM10.70.

PIE Industrials fell 10 sen to RM1.78 after its 3QFY16 net benefit fell 67.1% on-year to RM4.6mil because of lower income and lower edges of its items.

Gadang lost five sen to RM2.57, Tasek and Texchem four sen lower to RM13.90 and RM1.57.

KLSE INTRADAY  SIGNALS : BUY COMCORP AT 0.680 TARGET 0.714, 0.748 SL 0.645 

For Latest Updates : 

Commodity Recommendation , Commodity Signals , Crude Oil Trading Tips , Commodity Trading Signals , Crude Oil Trading Signals , Comex Tips

Malaysia’s September exports fall more than expected

KUALA LUMPUR – Malaysia’s fares fell in September because of frail oil costs and a droop sought after for produced merchandise, government information demonstrated today. Sends out in September contracted 3.0 for each penny from a year prior, quicker than the 1.9 for each penny decrease gauge in a Reuters survey. In August, sends out had expanded 1.5 for every penny.

Yearly fares of unrefined petroleum and condensed common gas fell 26.8 for each penny and 20 for every penny, separately, in September, information from the International Trade and Industry Ministry appeared.

In the interim, shipments of made merchandise declined 1.2 for each penny, with lower fares of apparatus and metal items. Malaysia’s imports in September fell hardly by 0.1 for each penny from a year prior, down from the 4.9 for every penny development posted in August. The exchange surplus in September was RM7.6 billion, lower than the earlier month’s RM8.5 billion.

Fares to China fell 1.0 for every penny from a year prior, while those to the European Union declined 8.4 for each penny. Fares to the United States grew 5.0 for every penny from a year prior, on higher shipments of electrical and electronic gadgets, especially photosensitive semi-conduit gadgets.

KLSE INTRADAY  SIGNALS : BUY PADINI AT 2.85 TARGET 2.94,3.04 SL 2.74 

Site Navigation

About us
Blog
Pricing
News
Site map

Contact Us

  Email: info@mmfsolutions.sg
  Phone: + 65-3158-2180