Klse Recommended Pick – IMB Group led the FBM KLCI higher early Wednesday

KUALA LUMPUR: CIMB Group drove the FBM KLCI higher early Wednesday while Ekovest and (Klse Recommended Pick) Iskandar Waterfront City (IWC) ascended in dynamic exchange on crisp corporate news and expectations.

At 9.47am (Klse Recommended Pick),

the KLCI was up 3.68 focuses or 0.21% to 1,758.60. Turnover was 502.84 million offers esteemed at RM307.28mil. There were 290 gainers, 190 failures and 272 counters unaltered.

The ringgit edged up 0.02% to 4.283 from the past close of 4.284.

Oil costs fell after an ascent in US unrefined inventories and continuous high supplies from maker club OPEC restored worries of a fuel supply overhang, Reuters announced.

Brent rough fates fell 11 pennies to US$48.73 per barrel at 0128 GMT while US light unrefined was down 12 pennies to US$46.28.

The US dollar breast fed misfortunes on Wednesday in the wake of sliding to a 10-month low against a cash bushel as the Republican inability to push through a slowed down US human services (Klse Recommended Pick) charge raised feelings of trepidation about whatever is left of President Donald’s Trump change motivation, said the news wire.

The dollar file, which tracks the greenback against a crate of six noteworthy adversaries, edged up 0.1% to 94.694 in the wake of falling as low as 94.476 on Tuesday, its least level since September 2016.

At Bursa Malaysia, CIMB rose 15 sen to RM6.48 with 721,600 offers done. BAT was the best gainer, up 18 sen to RM43.18 and FGV increased six sen to RM1.68 in dynamic exchange.

IWCity rose 11 sen to RM1.65 on hypothesis that it could now be a recipient of the Bandar Malaysia extend.

On Tuesday, IWC’s offers taken off 30 sen and were the most effectively exchanged after news that the Dalian Wanda Group was said to be confronting confinements in subsidizing for its seaward arrangements by the Chinese government.

Ekovest rose five sen to RM1.22 with 17.90 million offers while its warrants, WB added five sen to 89.5 sen.

Ekovest will get another 30 sections of land, making it a sum of 60 sections of land, for work including the restoration of the Gombak River that snakes through the city.

The venture, which is a piece of the organization’s Kuala Lumpur River City advancement, will see Ekovest restoring and changing a 2.2-km extend of the stream into a dynamic and liveable riverfront improvement.

Chip-producer MPI added 14 sen to RM13.80 and Vitrox nine sen to RM4.0 while MMSV (Klse Spot Trading) increased seven sen to RM1.58.

Furniture producer Latitude Tree rose 11 sen to RM5.58 and Scientex six sen to RM8.70.

The call warrants of Lotte Chemical Titan were among the best washouts. LCTitan-CC fell 29 sen to 26 sen, LCTitan-CD 8.5 sen to 26.5 sen and LCTitan-CE 6.5 sen to 46.5 sen.

Prestariang Bhd fell 17 sen to RM2.21, surrendering the vast majority of the earlier day’s increases.

CIMB Equities Research is impartial on Prestariang after its backup Prestariang Skin Sdn Bhd (PSkin) marked (Malaysia Investor Tip Share) a RM3.5bil, 15-year concession concurrence with the Home Affairs Ministry to actualize a coordinated center movement framework known as SKIN.

Latest Hot Stocks (Klse Recommended Pick) For Malaysian Traders 

1. IWCITY
2.EKOVEST
3. EKOVEST-WB
4. BKOON
5. EKOVEST-CA

For more details:  www.mmfsolutions.my 

Daily Stocks Signals – Diary Malaysia Tuesday July 18

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS. – Daily Stocks Signals 

TUESDAY, JULY 18

PUTRAJAYA-Prime Minister Najib Tun Razak dispatches ‘Tokoh Professional Generasi Felda’ book in conjunction with ‘Majlis Salam Perantauan Warga Felda’ at Perbadanan Putrajaya Complex, Precint 3 at 1300 (0500 GMT)

PUTRAJAYA-Prime Minister Najib Tun Razak goes to the opening service of Putrajaya Islamic Complex (KIP) and the dispatch of the Syariah-consistent Governance Guidelines (GTU-S) and Aidilfitri open place of offices under the Minister in the Prime Minister’s Department at Putrajaya Islamic Complex, Precint 3 at 1530 (0730 GMT)

PUTRAJAYA-Prime Minister Najib Tun Razak goes to Hari Raya and Family day with Malaysian Indian Muslim non-legislative associations (NGOs) at Hall A, MAEPS Serdang at 2030 (1230 GMT)

KUALA LUMPUR-Capital Market Conference 2017, Ballroom 1, Level 2, Intercontinental Hotel Kuala Lumpur, Jalan Ampang, Kuala Lumpur at 0830 (0030 GMT)

KUALA LUMPUR-The Third National Economic Summit – “Monetary Reforms – Reaction, Impact, Priorities and Opportunities”, Lagoon 1, Level 15, Sunway Resort Hotel and Spa at 0830 (0030 GMT) absolutely stock picks 2017 klse

WEDNESDAY, JULY 19

KUALA LUMPUR-Release of June 2017 Consumer Price Index at 1200 (0400 GMT)

FRIDAY, JULY 21

KUALA LUMPUR-Release of Bank Negara’s outside stores as at 14 July 2017 at 1500 (0700 GMT) – Free Daily Stock Picks

MONDAY, JULY 31

KUALA LUMPUR-Release of June 2017 Money Supply Data at 1500 (0700 GMT)

KUALA LUMPUR-Release of Detailed Disclosure of International Reserves as at end June 2017 at 1200 (0400 GMT)

FRIDAY, AUGUST 4

KUALA LUMPUR-Release of June 2017 External Trade Statistics at 1200 (0400 GMT)

MONDAY, AUGUST 6

KUALA LUMPUR-Release of Bank Negara’s outside stores as at 31 July 2017 at 1500 (0700 GMT)

THURSDAY, AUGUST 10

KUALA LUMPUR-Release of June 2017 Industrial Production Index at 1200 (0400 GMT)

FRIDAY, AUGUST 18

KUALA LUMPUR-Release of Malaysia’s second Quarter 2017 GDP at 1200 (0400 GMT)

TUESDAY, AUGUST 22

KUALA LUMPUR-Release of Bank Negara’s outside stores as at 15 August 2017 at 1500 (0700 GMT)

WEDNESDAY, AUGUST 23

KUALA LUMPUR-Release of July 2017 Consumer Price Index at 1200 (0400 GMT)

WEDNESDAY, AUGUST 30

KUALA LUMPUR-Release of July 2017 Money Supply Data at 1500 (0700 GMT)

KUALA LUMPUR-Release of Detailed Disclosure of International Reserves as at end July 2017 at 1200 (0400 GMT)

THURSDAY, AUGUST 31

KUALA LUMPUR-Market and Public Holiday-National Day

FRIDAY, SEPTEMBER 1

KUALA LUMPUR-Market and Public Holiday-Aidil Adha

WEDNESDAY, SEPTEMBER 6

KUALA LUMPUR-Release of July 2017 External Trade Statistics at 1200 (0400 GMT)

KUALA LUMPUR-Release of Bank Negara’s outside stores as at 30 August 2017 at 1500 (0700 GMT)

THURSDAY, SEPTEMBER 7

KUALA LUMPUR-Release of Monetary Policy Statement at 1500 (0700 GMT)

MONDAY, SEPTEMBER 11

KUALA LUMPUR-Release of July 2017 Industrial Production Index at 1200 (0400 GMT)

WEDNESDAY, SEPTEMBER 20

KUALA LUMPUR-Release of August 2017 Consumer Price Index at 1200 (0400 GMT)

THURSDAY, SEPTEMBER 21

KUALA LUMPUR-Market and Public Holiday-Islamic New Year Holiday

FRIDAY, SEPTEMBER 22

KUALA LUMPUR-Release of Bank Negara’s outside stores as at 15 September 2017 at 1500 (0700 GMT)

FRIDAY, SEPTEMBER 29

KUALA LUMPUR-Release of August 2017 Money Supply Data at 1500 (0700 GMT)

KUALA LUMPUR-Release of Detailed Disclosure of International Reserves as at end August 2017 at 1200 (0400 GMT)

FRIDAY, OCTOBER 6

KUALA LUMPUR-Release of August 2017 External Trade Statistics at 1200 (0400 GMT)

KUALA LUMPUR-Release of Bank Negara’s outside stores as at 29 September 2017 at 1500 (0700 GMT)

THURSDAY, OCTOBER 12

KUALA LUMPUR-Release of August 2017 Industrial Production Index at 1200 (0400 GMT)

WEDNESDAY, OCTOBER 18

KUALA LUMPUR-Market and Public Holiday-Deepavali

FRIDAY, OCTOBER 20

KUALA LUMPUR-Release of September 2017 Consumer Price Index at 1200 (0400 GMT)

KUALA LUMPUR-Release of Bank Negara’s remote holds as at 13 October 2017 at 1500 (0700 GMT)

MONDAY, OCTOBER 31

KUALA LUMPUR-Release of September 2017 Money Supply Data at 1500 (0700 GMT)

KUALA LUMPUR-Release of Detailed Disclosure of International Reserves as at end September 2017 at 1200 (0400 GMT)

FRIDAY, NOVEMBER 3

KUALA LUMPUR-Release of September 2017 External Trade Statistics at 1200 (0400 GMT)

TUESDAY, NOVEMBER 7

KUALA LUMPUR-Release of Bank Negara’s remote holds as at 31 October 2017 at 1500 (0700 GMT)

THURSDAY, NOVEMBER 9

KUALA LUMPUR-Release of Monetary Policy Statement at 1500 (0700 GMT)

KUALA LUMPUR-Release of September 2017 Industrial Production Index at 1200 (0400 GMT)

FRIDAY, NOVEMBER 17

KUALA LUMPUR-Release of Malaysia’s third Quarter 2017 GDP at 1200 (0400 GMT)

WEDNESDAY, NOVEMBER 22

KUALA LUMPUR-Release of Bank Negara’s outside stores as at 15 November 2017 at 1500 (0700 GMT)

KUALA LUMPUR-Release of October 2017 Consumer Price Index at 1200 (0400 GMT)

THURSDAY, NOVEMBER 30

KUALA LUMPUR-Release of October 2017 Money Supply Data at 1500 (0700 GMT)

KUALA LUMPUR-Release of Detailed Disclosure of International Reserves as at end October 2017 at 1200 (0400 GMT)

FRIDAY, DECEMBER 1

KUALA LUMPUR-Market and Public Holiday-Prophet Muhammad’s Birthday

THURSDAY, DECEMBER 7

KUALA LUMPUR-Release of Bank Negara’s outside stores as at 30 November 2017 at 1500 (0700 GMT)

FRIDAY, DECEMBER 22

KUALA LUMPUR-Release of Bank Negara’s outside stores as at 15 December 2017 at 1500 (0700 GMT)

MONDAY, DECEMBER 25

KUALA LUMPUR-Market and Public Holiday-Christmas Day

WEDNESDAY, DECEMBER 29

KUALA LUMPUR-Release of November 2017 Money Supply Data at 1500 (0700 GMT)

KUALA LUMPUR-Release of Detailed Disclosure of International Reserves as at end November 2017 at 1200 (0400 GMT)

NOTE: The incorporation of journal things does not really imply that Reuters will document a story in light of the occasion.

Latest Hot Stocks (Daily Stocks Signals) For Traders/Investors

1. IWCITY
2. BKOON
3. PTB
4. HUBLINE
5. EKOVEST

For more details, traders & investors could visit www.mmfsolutions.my

Klse Stocks Pick : 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 (Klse Stocks Pick),

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%)

Klse Recommended Picks – Asian shares in the red as markets turn cautious

Asian offers exchanged negative domain on Monday as business sectors turned wary, after the amazement hung parliament result from the U.K. decision last Friday and in front of a two-day Federal Reserve meeting that starts on Wednesday. – Klse Recommended Picks

The Nikkei 225 was around 0.56 percent and South Korea’s benchmark Kospi record fell 0.96 percent, as the auction in tech stocks spread from Wall Street to Asia. – Klse Recommended Picks

Klse Recommended Picks

And South Korea’s benchmark Kospi record fell 0.96 percent, as the auction in tech stocks spread from Wall Street to Asia.

Showcases in more prominent China opened were the red. Hong Kong’s Hang Seng Index fell 1.22 percent. The Shanghai Composite plunged 0.45 percent and the Shenzhen Composite was around 0.726 percent.

Showcases in Australia, Malaysia and the Philippines are shut today for open occasions. – Klse Recommended Picks

National banks are likewise in center, with the Federal Reserve anticipated that would discharge its choice on loan costs in the not so distant future. The Bank of England and Bank of Japan approach gatherings later in the week are additionally liable to be viewed.

Tech stocks in Japan and South Korea were under weight after real tech names in the U.S. fell just about 3 percent in the last exchanging session. Taiwan Semiconductor Manufacturing, which considers Apple as a part of its clients, was around 1.65 percent. Samsung Electronics tumbled 1.61 percent.

Different organizations with more subtle connects to U.S. tech names likewise felt the warmth. Korean web organizations Naver and Kakao were down 5.83 and 4.83 percent individually. In Japan, Nintendo was down 2.3 percent.

Toshiba shares resisted the pattern to move higher on news that Western Digital would be expanding its offered for Toshiba’s memory chip unit to $18 at least billion, Reuters detailed. Offers of Toshiba surged 7.31 percent on the news.

Latest Hot stocks for KLSE (Klse Recommended Picks) investors:

FGV (Bursa: 5222)

Klse Recommended Picks

TENAGA (Bursa: 5347)

Klse Recommended Picks

SERBADK (Bursa: 5279)

Klse Recommended Picks

PMETAL (Bursa: 8869)

Klse Recommended Picks

TOPGLOV (Bursa: 7113)

Klse Recommended Picks

For more details traders could visit here: www.mmfsolutions.my

Bursa Malaysia opened marginally lower – best stocks picks for klse

KUALA LUMPUR: Bursa Malaysia opened imperceptibly lower yet turned higher from that point, yet estimation stayed lukewarm, with exchanging supported by the powerless overnight execution on Wall Street.- best stocks picks for klse

At 9.10am (best stocks picks for klse):

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained at 1,769.41, up 0.49 of-a-point, from yesterday’s end of 1,768.92. The key record opened 0.73 of-a-point bring down at 1,768.19.

best stocks picks for klse

Showcase broadness was sure with gainers outpacing decliners 207 to 119 while 228 counters stayed unaltered, 1,223 untraded and 53 others were suspended.

Turnover remained at 312.43 million shares worth RM114.54 million.

On the scoreboard, the FBM Emas Index progressed 5.77 focuses to 12,616.14, the FBMT100 Index went up 3.71 focuses to 12,244.34 and the FBM Emas Shariah Index enhanced 5.77 focuses to 12,616.14.

The FBM 70 added 5.79 focuses to 14,971.63 and the FBM Ace increased 7.97 focuses to 6,195.77. – best stocks picks for klse

best stocks picks for klse

On a sectoral premise, the Industrial Index progressed 9.65 focuses to 3,237.52, the Finance Index stowed 10.98 focuses to 16,211.35 while the Plantation Index climbed 19.50 focuses to 8,093.08. – best stocks picks for klse

Among heavyweights, Maybank slipped three sen to RM9.45, TNB edged up four sen to RM13.88, Public Bank went level at RM19.96, Sime Darby shed one sen to RM9.32 while Petronas Chemicals rose two sen to RM7.42.

best stocks picks for klse

Effectively exchanged stocks towards the beginning of today include

  1. KGROUP
  2. DNEX
  3. IRIS
  4. AAX
  5. PUC

Traders could subscribe for 3 days free trial here: www.mmfsolutions  

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