Mid Term Stock Picks- Maybank powers KLCI higher early Tuesday, ringgit firmer

KUALA LUMPUR: Maybank gave the FBM KLCI (Mid Term Stock Picks) a noteworthy lift early Tuesday while the more extensive market was firmer yet speculator estimation could stay careful because of late offering weight.

At 9.17am (Mid Term Stock Picks),

the KLCI was up 4.63 focuses or 0.27% to 1,742.12. Turnover was 192.76 million offers esteemed at RM100.69mil. There were 191 gainers, 116 failures and 229 counters unaltered.

The ringgit edged up 0.1% to the US dollar to 4.186 from the past close of 4.19.

Asian stocks wobbled on Tuesday as financial specialists anticipated improvements in U.S. charge change endeavors (Intraday Stock Picks), while thinking about if a checked smoothing in the U.S. yield bend may eventually be a harbinger of a financial stoppage there, Reuters revealed.

MSCI’s broadest

list of Asia-Pacific offers outside Japan plunged 0.25% after two sessions of decreases, while Australia fell 0.9%.

Japan’s Nikkei was uneven, down 0.1% to add to four sessions of misfortunes.

At Bursa (Stock Investment Signals), Maybank rose 22 sen to RM9.38 with 1.32 million offers done.

Maybank focuses to be “Advanced Bank of Choice” as a major aspect of the gathering’s five key vital targets for Maybank 2020. The activity expects to upgrade clients encounter and to target all the more in fact clever clients, e.g. twenty to thirty year olds.

MIDF Research is holding its Buy call for Maybank with an unaltered target cost of RM10.30 in view of cost to-book various of 1.4 times.

Petronas Chemicals added seven sen to RM7.52.

Settle surged RM6.04 to RM94.64, SP Setia added 28 sen to RM3.53 (Stock Trading Picks), Dayang 17.5 sen to 71 sen while UMW picked up 15 sen to RM5.27.

Pentamaster and Hengyuan added 10 sen to RM4.96 and RM10.70 while Turbo bounced 7.5 sen to 87 sen.

PPB Group fell the most, down 20 sen to RM16.52 with 600 offers done after its partner posted lower profit and furthermore (Share Investment Tips) because of the fall in rough palm oil fates. IOI Corp lost nine sen to RM4.33.

Poly Glass Fiber fell nine sen to 48 sen, Orna eight sen to RM1.53 while MPI and MAHB were down four sen each to RM13.70 and RM8.25.

Latest Hot Stock For Malaysian Traders/Investors 

1. SUMATEC

2. SPSETIA

3. BJCORP

4. TRIVE

5. KGB
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Stock Investment Signals- Blue edge somewhat higher, MBSB in center, ringgit firm

KUALA LUMPUR: Blue chips chalked up slight increases early Tuesday, with Genting Bhd supporting the FBM KLCI (Stock Investment Signals) while the more extensive market was blended and the ringgit edged up against the US dollar.

At 9.56am (Stock Investment Signals),

the KLCI was up 1.15 focuses or 0.07% to 1,743.44. Turnover was 796.89 million offers esteemed at RM317.41mil. There were 242 gainers, 252 failures and 346 counters unaltered.

The ringgit solidified against the US dollar by 0.09% to 4.226 from the past close of 4.23.

Asian offers touched their most astounding in 10 years on Tuesday, (Mid Term Stock Picks) while oil costs edged down subsequent to surging to an over two-year top as Saudi Arabia’s crown ruler got serious about defilement, Reuters revealed.

US rough shed

12 pennies to US$57.23 subsequent to breaking above US$56 a barrel without precedent for over two years overnight.

Kenanga Investment Bank Research said the general specialized viewpoint for the KLCI (Stock Trading Picks) was seen as negative.

“Vital help levels are currently at 1,733 (S1) and 1,727 (S2) while protection levels to watch are 1,750 (R1) and 1,765 (R2),” it said.

MBSB rose

eight sen to RM1.19 in dynamic exchange subsequent to reporting its RM644.95mil buy of Asian Finance Bank Bhd (AFB).

Peak Healthcare was the best gainer, up 35 sen to RM5.80 with 400 offers done. Hartalega added 14 sen to RM7.90, Genting Bhd propelled 12 sen to RM8.99 and Mercury 11 sen to RM2.43.

Refiner Hengyuan picked up 15 sen to RM9.13.

Press Metal-

WC fell the most, down 26 sen to RM4.50 and its offers lost 25 sen to RM4.95.

Heineken lost 12 sen to RM18.66, AirAsia lost 11 sen to RM3.25  (Share Investment Tips), Eon Credit and Gamuda 10 sen bring down at RM14.50 and RM4.97.

Latest Hot Stock For Malaysian Traders/Investors 
1. MBSB

2. PALETTE

3. BJCORP

4. SERBADK

5. YTL
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Fkli Trading Strategy- Minetech Resources Berhad (KLSE:MINETEC): How Does This Stock Rank Value-Wise?

Investigating valuation rankings for Minetech Resources Berhad (KLSE:MINETEC), we see that the stock has a Value Composite score of 57. Created by James O’Shaughnessy, the VC score utilizes five valuation proportions. These proportions (Fkli Trading Strategy) are cost to income, cost to income, EBITDA to EV, cost to book esteem, and cost to deals. The VC is shown as a number in the vicinity of 1 and 100. When all is said in done, an organization with a score more like 0 would be viewed as underestimated, and a score more like 100 would show an exaggerated organization. Including a 6th proportion, investor yield, we can see the Value Composite 2 score which is presently sitting at 65.

The measure of monetary data accessible to singular financial specialists nowadays is amazing. Gathering knowledge in money markets is significantly simpler to do than any time in recent memory. Every one of the advances in innovation have enabled general financial specialists to get to data effortlessly. Understanding all the different information can overpower, yet driving through the information may make a strong establishment to begin upgrading benefits in the market.

With such a large number of contributing alternatives, brokers and financial specialists need to build an arrangement that works particularly for them. Getting to be noticeably taught about the share trading system before handling the brute may help the individual financial specialist (Stock Investment Signals) from multiple points of view. Concentrate how markets and costs move may enable the financial specialist to choose which way is the most ideal approach. Understanding the challenges and conceivable entanglements that financial specialists by and large fall prey to, can go far in night before the primary exchange is ever constructed. As most speculators know, the business sectors and financial scenes are continually evolving. This requires the financial specialist to be in tip top mental shape so as to stand up to intense purchase or offer choices when the time comes.

In investigating some other striking technicals,

Minetech Resources Berhad (KLSE:MINETEC’s) ROIC is – 0.357341. The ROIC 5 year normal is – 0.025128 and the ROIC Quality proportion is 2.428096. ROIC is a productivity proportion that measures the arrival that a venture creates for those giving capital. ROIC helps indicate how productive a firm is at transforming capital into benefits.

The Q.i. Estimation of Minetech Resources Berhad (KLSE:MINETEC) is 50.00000. The Q.i. Esteem is a useful instrument in deciding whether an organization is underestimated or not. The Q.i. Esteem (Stock Trading Picks) is figured utilizing the accompanying proportions: EBITDA Yield, Earnings Yield, FCF Yield, and Liquidity. The lower the Q.i. esteem, the more underestimated the organization is believed to be.

The FCF Yield 5yr Average is computed by taking the five year normal free income of an organization, and separating it by the present endeavor esteem. Venture Value is computed by taking the market capitalization in addition to obligation, minority premium and favored offers, less aggregate money and money reciprocals. The normal FCF of an organization is controlled by taking a gander at the money created by operations of the organization. The Free Cash Flow Yield 5 Year Average of Minetech Resources Berhad (KLSE:MINETEC) is 0.022020.

Investor Yield

We additionally take note of that Minetech Resources Berhad (KLSE:MINETEC) has a Shareholder Yield of – 0.100429 and a Shareholder Yield (Mebane Faber) of – 0.08664. The principal esteem (Klse Stock Signals) is ascertained by adding the profit respect the level of repurchased shares. The second esteem includes the net obligation reimbursed respect the computation. Investor yield can demonstrate how much cash the firm is offering back to investors through a couple of various roads. Organizations may issue new offers and purchase back their own offers. This may happen in the meantime. Financial specialists may likewise utilize investor respect gage a pattern rate of return.

MF Rank

Minetech Resources Berhad (KLSE:MINETEC) has a present MF Rank of 14205. Created by multifaceted investments administrator Joel Greenblatt, the goal of the equation is to spot fantastic organizations that are exchanging at an alluring cost. The recipe utilizes ROIC and profit yield proportions to discover quality, underestimated stocks. When all is said in done, organizations with the most minimal consolidated rank might be the higher quality picks.

PI

We would now be able to take aquick take a gander at some recorded stock value file information. Minetech Resources Berhad (KLSE:MINETEC) directly has a 10 month value list of 1.76471. The value file is figured by isolating the present offer cost by the offer value ten months back. A proportion more than one demonstrates an expansion in share cost over the period.

A proportion lower than one demonstrates that the cost has diminished over that day and age. Taking a gander at some other eras, the year value file is 1.87500, the two year is 2.30769, and the three year is 1.03448. Narrowing in somewhat nearer, the 5 month value list is 1.11111, the 3 month is 1.15385, and the 1 month is as of now 1.07143.

FOR LIVE KLSE UPDATE, TRADERS/INVESTORS COULD VISIT WWW.MMFSOLUTIONS.MY

Stocks advisory in Malaysia – Maxis share price down after placement exercise

PETALING JAYA: Maxis Bhd’s offer cost went under offering weight taking after its position of offers in an activity that saw the telco raising some RM1.656bil.Stocks advisory in Malaysia 

The offers were around 5% to close at RM5.62, wiping out near RM2bil from its market capitalisation which remained at RM42.2bil. Volume was likewise high, with 17.57 million offers evolving hands.  Stocks advisory in Malaysia 

Stocks advisory in Malaysia

Merchants said the offering was because of a few speculators being worried about the profit weakening and vulnerabilities over profit spill out of the main telco.

“There would be some shade in the offer cost until income begin to develop,” said a merchant.

The telco reported yesterday that it had raised RM1.656bil from the situation of 300 million offers at RM5.52 per share, taking after the culmination of its book-building process. Stocks advisory in Malaysia 

It said the situation pulled in both neighborhood and remote institutional financial specialists, with the book being oversubscribed.

“The issue cost was settled at RM5.52 per situation share, speaking to a rebate of roughly 6% to the end cost of Maxis on June 16.

“This new value will reinforce Maxis Group’s budgetary position and will offer adaptability to subsidize future range task expenses and development methodology,” it said in an announcement.

MIDF Research said the activity would likewise make monetary adaptability for Maxis to finance its future range task charges, plant development and development methodology should the open door emerge.

It said the returns from the position would bring about Maxis seeing upgraded money streams, liquidity, premium cost investment funds and enhanced outfitting levels.

MIDF Research, which has an “impartial” approach the counter, in any case, noticed that the telco’s aggregate endorsers keep on shrinking.

“Maxis’ engaging quality as a profit play stock has likewise faded because of the adjustments in its profit payout approach,” it said.

PublicInvest Research, in the mean time, said the proposed practice did not come as an astonishment, given the telco’s high outfitting level and heavier capital use in perspective of the rising range cost.

“We trust the planning of this raising money practice is perfect, as Maxis’ profit stay versatile at this crossroads because of its exceptional marking and better system framework relative than peers.

“This, nonetheless, may not be managed moving into 2018, as we anticipate that companions will enhance item offerings and nature of administrations once they reveal extra range under the 900/1,800 MHz groups,” it said.

Stocks advisory in Malaysia

Hot stocks of the day

1. HIAPTEK 
2. HIAPTEK-WB
3. MBSB-CY
4. MAYBANK
5. SUNWAY

Stock investment signals – Bursa Malaysia lower in early trade

KUALA LUMPUR: Bursa Malaysia opened lower today on profit taking after yesterday’s strong picks up. – Stock investment signals

At 9.37 am (Stock investment signals),

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained at 1,738.41, down 5.67 focuses from yesterday’s end of 1,744.08.

stock investment signals

The key record opened 0.74 of-a-point bring down at 1,743.34. Stock investment signals

A merchant said the close term advertise assessment, nonetheless, stayed bullish as the file remained over the 1,737-point bolster for over two weeks.

“We are peering toward the quick bolster level at 1,737 while the prompt resistance level is seen at 1,765.50,” he said.

On the scoreboard, the FBM Emas Index diminished 30.9 focuses to 12,409.84, the FBM Emas Shariah Index shed 32.58 focuses to 12,886.05 and the FBMT100 Index fell 35.229 focuses to 12,033.33.

Stock investment signals

The FBM 70 eradicated 27.979 focuses to 14,726.69 and the FBM Ace went down 21.9 focuses to 6,183.19.

Segment shrewd, the Finance Index was 38.3 focuses bring down at 15,658.84, the Industrial Index facilitated 10.93 focuses to 3,258.99 and the Plantation Index edged down 27.99 focuses to 8,047.61.

The market expansiveness was negative as failures drove gainers 295 to 200 with 298 counters unaltered, 949 untraded while 16 others were suspended.

Turnover remained at 687.76 million shares worth RM187.8 million.

Among heavyweights, Maybank was level at RM8.98 while TNB added two sen to RM13.74.

Open Bank lost four sen to RM19.92 and Sime Darby and Petronas Chemicals facilitated three sen each to RM9.27 and RM7.77, individually. Stock investment signals

Of actives, XOX added one sen to 11.5 sen and Bio Osmo and MNC Wireless earned a large portion of a sen each to 10.5 sen and 8.5 sen, individually.

Hub line and Next were levels at 8.5 sen and four sen, individually.

Latest Hot Stocks for KLSE Investors

1. PWORTH
2. XOX
3. MUIIND
4. BIOOSMO
5. DNEX

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Shariah stock Trading signal – Cautious start for stock markets on Thursday

KUALA LUMPUR: Key Asian markets including Bursa Malaysia exchanged lower on Thursday on stresses over higher dangers from the US while raw petroleum costs fell because of record US rough inventories. –  Shariah stock Trading signal

At 10am,t he KLCI was down 2.16 focuses or 0.12% to 1,742.51. Turnover was 1.23 billion shares esteemed at RM510.24mil. There were 344 gainers, 308 washouts and 3543 counters unaltered.

Stocks fell and bonds ascended in Asia on Thursday, with hazard craving soured by signs the Federal Reserve may begin paring its extra large asset report not long from now similarly as the odds of an early U.S. monetary boost blurred further, Reuters revealed.  –  Shariah stock Trading signal

Hong Leong Investment Bank (HLIB) Research brought up that with the switching tone on the Dow around the 20,700-20,800 levels, the securities exchanges were possibly valuing in the negative effect advancing from the Fed’s announcements.

“In the interim, ought to there be any further revision beneath 20,500, we anticipate that next support will be situated around 20,000,” it said.

Concerning Bursa, HLIB Research said negative slants from the abroad markets may overflow on to the nearby bourse and the KLCI could pull back over the close term.

“In the interim, exchanging center may even now situated inside the little top portions. By and by, benefit taking exercises could develop if the FBM Small Cap record drift towards the mental level of 18,000,” it prompted financial specialists.

On Wednesday, outside assets kept on being net purchasers on Bursa while neighborhood establishments were net dealers. Remote assets were net purchasers at a lower size of RM109.02mil while neighborhood retail financial specialists were net venders at RM52.45mil and nearby establishments at RM56.57mil.  –  Shariah stock Trading signal

Oil costs fell on Thursday as record US unrefined inventories underscored that business sectors remain bloated by high generation and overflowing stockpiling notwithstanding endeavors drove by OPEC to cut yield and prop up costs, Reuters announced.

Brent unrefined prospects, the universal benchmark for oil, were at $54.09 per barrel at 0124 GMT, down 27 pennies, or 0.5 percent, from their last close.

At Bursa, Tong Herr fell 15 sen to RM3.26, DKSH 12 sen bring down at RM4.58, Kawan Food 11 sen to RM4,52 while Heineken was down 10 sen to RM18.22. Taxi Cakaran lost six sen to RM2.41 and Petron five sen bring down at RM6.41.

Hang Seng Consolidated, the main KLCI part stock, lost six sen to RM9.01.

Bursa was the top gainer, up 19 sen to RM9.92, HLFG 18 sen to RM16.44, JHM 18 sen to RM4,34 while New Hoong Fatt added 13 sen to RM4.  –  Shariah stock Trading signal

Genting Plantations and Ann Joo added 12 sen to RM11.62 and RM2.68 and PPB Group eight sen higher at RM16.76.

Market Summary

Shariah stock Trading signal

Market Movers

Shariah stock Trading signal

Latest update for KLCI investors, who wants to make their trading profitable

1. JOHAN
2. SKH
3. BIOHLDG

Positional Stock Picks : Breakfast briefing for Malaysian people

MarketWrap: US stocks finished marginally higher on Monday and the Dow shut at a record high for a twelfth straight session, as President Donald Trump said he would make a “major” foundation explanation on Tuesday. – Positional Stock Picks

The DJIA was up 15.68 focuses, or 0.08%, to close at 20,837.44, the S&P 500 increased 2.39 focuses, or 0.10%, to 2,369.73 and the Nasdaq included 16.59 focuses, or 0.28%, to 5,861.90.

Forex outline – Positional Stock Picks

*The ringgit lost 0.15% to 4.4450 for each US$

*It lost 0.20% to 4.7045 versus euro

*Down 0.37% to 5.5265 for each pound sterling

*Down 0.22% to 3.1624 for each Singapore dollar

*0.06% lower to 3.4125 for each Aussie

*0.24% at 3.9402 for every 100 yen

Vitality

Oil costs finished minimal changed on Monday as the prospect for US rough creation to keep developing counterbalance reports of high consistence to the Opec generation cut assention and record bullish wagers that costs would rise facilitate. Positional Stock Picks

On its penultimate day as the front-month contract, Brent prospects for April conveyance lost six pennies, or 0.1%, to settle at US$55.93 a barrel.

Beat remote stories

JPMorgan, Microsoft, Intel and others shape new blockchain union:

JPMorgan Chase and Co, Microsoft Corp, Intel Corp and more than two dozen different organizations have collaborated to create gauges and innovation to make it simpler for ventures to utilize blockchain code Ethereum in the most recent push by expansive firms to move toward appropriated record frameworks. – Positional Stock Picks

US center capital merchandise orders fall:

New requests for key US-made capital products out of the blue fell in January following three straight months of solid additions, however did little to change sees that assembling was recouping from a delayed downturn in the midst of rising ware costs.

however did little to change sees that assembling was recouping from a delayed downturn in the midst of rising ware costs.

The Commerce Department said on Monday that non-guard capital products orders barring flying machine.

A nearly watched intermediary for business spending arranges, dropped 0.4% after an upwardly updated 1.1% expansion in December.

Satellite administrators OneWeb, Intelsat arrange contingent merger:

OneWeb Ltd, a US satellite wander supported by SoftBank Group Corp, and obligation loaded satellite administrator Intelsat SA plan to converge in an arrangement that could be declared when late Monday, as indicated by individuals informed on the arrangements.

KLCI seen slipping to key 1,700 early Friday – Stock Tips in Malaysia

KUALA LUMPUR: Blue chips slipped in early Friday exchange, with the FBM KLCI making a beeline for the key 1,700 level on benefit taking as financial specialists processed the most recent group of blended corporate outcomes. -Stock Tips in Malaysia

Offers and the call warrants of ease transporter AirAsia was in center after the arrival of its outcomes. – Stock Tips in Malaysia

At 9.30am, the KLCI was down 2.37 focuses or 0.14% to 1,702.11. Turnover was 475.21 million shares esteemed at RM219.30mil. There were 203 gainers, 264 washouts and 249 counters unaltered.

Kenanga Investment Bank said in general, the KLCI stays in a positive medium-longer term drift.

Be that as it may,

the KLCI has all the earmarks of being balanced for a close term benefit taking after quickly scoring a response high of 1,720 prior in the week.

“See that yesterday’s dark bodied bar reflect maintained shortcoming for the duration of the day, while the MACD has quite recently crossed underneath its flag line. From here, we see the likelihood of the KLCI pulling back towards 1695/1700 (S1) before gathering some support.

“Coming up short which,

the following bolster level is situated at 1,680 (S2). Overhead resistance meanwhile is situated at 1,710 (R1) and 1,720 (R2),” it said.

Reuters detailed US oil costs fell on Friday after government information discharged late on Thursday demonstrated stockpiles climbed a week ago for a seventh straight week, despite the fact that misfortunes were quieted as stock development was well beneath desires. – Stock Tips in Malaysia

US West Texas Intermediate fell 13 pennies to US$54.32 a barrel by 0048 GMT, having quit for the day pennies in the past session.

Brent rough was exchanging down 13 pennies additionally at US$56.45. The agreement rose 74 pennies in the past session to settle at US$56.58.

Our recommendation for KLSE investors.

  1. DNEX
  2. PETRONM
  3. VIVOCOM
  4. CENSOF
  5. LIONIND

KLSE INTRADAY SIGNALS: BUY LIONIND AT 0.625 TARGET 0.650, 0.675 SL 0.595 

Dollar falls further in Asia

The dollar hit the slips in Asia on Tuesday as U.S. President Donald Trump’s concentrate on exchange protectionism fuelled doubts his organization may look for an upper hand through a weaker cash. (Shariah stock Trading signals)

The discussion of exchange wars favored place of refuge Treasuries and the Japanese yen while stifling stocks, especially as Asian organizations have much to lose from U.S. duties.

Nikkei fates indicated more misfortunes for Tokyo offers. Shariah stock Trading signals (Shariah stock Trading signals)

Conclusion took a new blow when U.S. Treasury Secretary chosen one Steven Mnuchin advised representatives that he would work to battle money control yet would not give an unmistakable answer on whether he sees China as controlling its yuan.

In composed responses to a Senate Finance Committee, Mnuchin additionally allegedly said a too much solid dollar could be negative for the time being.

The dollar properly slid the extent that 112.52, breaking a week ago’s 112.67 trough and the least since late November.

Its 1.7 percent misfortune on Monday was the biggest since July 29.(Shariah stock Trading signals)

Against a wicker bin of monetary forms, the dollar list was down 0.8 percent at 99.963, while the euro jumped up to $1.0764 .

Both were levels last observed toward the beginning of December.

While Trump guaranteed “gigantic” cuts in expenses and controls on Monday,

he additionally formally pulled back from the Trans-Pacific Partnership exchange arrangement and discussed enormous outskirt charges.

“It’s intriguing that business sectors did not react decidedly to a reaffirmation of lower expenses and looser direction, fortifying the feeling that all the uplifting news is marked down for the present,” composed investigators at ANZ in a note.

“As week one in office gets in progress, there is a developing feeling of suspicion, not helped by the tone of Friday’s inaugural address and consequent spat with the media.”

Questions about precisely how much financial jolt may be imminent helped Treasuries rally.

Yields on 10-year notes dropped 6 premise focuses to 2.401 percent, the steepest single-day drop since Jan. 5.

Two-year yields fell 5 premise focuses to 1.147 percent, narrowing the dollar’s premium over the euro to 183 premise focuses from a late top of 207 premise focuses.

Money Street lost only a tad bit of its late picks up.

The Dow Jones fell 0.14 percent, while the S&P 500 .SPX lost 0.27 percent and the Nasdaq 0.04 percent.

Partakes in Qualcomm Inc jumped right around 13 percent after it was sued by Apple on Friday.

The drop in the dollar supported gold to a two-month high and the valuable metal was last exchanging at $1,217.75 an ounce .

Oil costs went the other route as indications of a solid recuperation in U.S. boring to a great extent dominated news that OPEC and non-OPEC makers were on track to meet yield diminishment objectives.

Brent rough was cited down 14 pennies at $55.35 a barrel, while U.S. unrefined prospects facilitated 47 pennies to $52.75.

Our Recommendation for KLSE investors.


  1. STONE
  2. CONNECT
  3. SKH
  4. UMWOG
  5. IFCAMSC

KLSE INTRADAY SIGNALS: BUY IFCAMSC AT 0.405 TARGET 0.420, 0.435 SL 0.385 


 

Latest forex , comex & stocks trading ideas in Malaysia.

KUALA LUMPUR MALAYSIA : Sime Darby, Mesiniaga, Westports and Dufu Technology could see exchanging interest oon Friday after their corporate declarations, says JF Apex Research.

Sime Darby’s circuitous unit Glengowrie Rubber Company Sdn Bhd arrangements to offer 325.7ha of freehold area in Glengowrie Estate in Hulu Langat, Selangor to Petaling Garden Sdn Bhd for RM428.8mil.

Concerning Mesiniaga, the examination house said the IT administrations organization secured a RM10.42mil IT support and administrations contract from the Malaysian Investment Development Authority.

Westports says take a shot at its RM1.05bil Container Terminal 8 (CT8) is on track as development of Phase 1 of the terminal has been finished. Take a shot at Phase 2 has begun with the heaping for the second 300-meter wharf.

Dufu Technology arrangements to solidify two shares of 50 sen each into one offer of RM1 to enhance its capital structure by the final quarter of 2016.

JF Apex Research said Boustead Heavy Industries Corp (BHIC) acknowledged a RM11.2mil contract from the Defense Ministry to supply and convey saves, and give support and preparing to the Malaysian Navy’s Bofors 40mm/L70 weapon.

Overnight on Wall Street, US stocks shut almost level on Thursday as financial specialists looked ahead to a key job information. Likewise, European stocks completed under weight, as financial specialists hinted at alert in front of the US occupations report on Friday.

At Bursa Malaysia, the FBM KLCI quit for the day focuses or 0.23% to 1,666.73.

“Taking after the dull execution in the US and European markets, the FBM KLCI could backtrack towards the bolster level of 1,650,” it said.

Our Recommendation for KLSE ACTIVE TRADER.

KLSE INTRADAY SINGAL : BUY BHIC AT 1.84 TARGET 1.92, 2.02 SL 1.74

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