Malaysia Stocks Pick: The FBM KLCI is expected to trade range-bound today

KUALA LUMPUR: The FBM KLCI is relied upon to exchange go bound today quick obstacle at 1,782,  (Malaysia Stocks Pick) in accordance with the weaker overnight close at most worldwide markets.

World value markets and U.S. security yields fell while gold rose on Thursday as speculators favored place of refuge ventures in the midst of developing incredulity U.S. President Donald Trump, entangled in contention, would accomplish his monetary plan, as per Reuters.

Adding to financial specialist concerns was news that a van had pummeled into swarms in the Spanish city (Malaysia Stocks Pick) of Barcelona, murdering 13 individuals, as indicated by media reports, in an assault police were regarding as fear mongering, it said.

The Dow Jones Industrial Average fell 274.14 focuses, or 1.24 percent, to 21,750.73, the S&P 500 lost 38.1 focuses, or 1.54 percent, to 2,430.01 and the Nasdaq Composite dropped 123.20 focuses, or 1.94 percent, to 6,221.91, said Reuters.

AllianceDBS Research in its (Stocks Picks In Malaysia) night version Thursday said the FBM KLCI had on Aug 17 opened the day on a firm note.

It said the benchmark record in this manner traversed the 1,775 obstacle to settle at the day’s high of 1,776.31 (up 2.56 focuses or 0.14% – Malaysia Stocks Pick) as market members kept on playing on the purchasing side in suspicion of a higher market.

“In the more extensive market, gainers dwarfed washouts with 494 stocks finishing higher and 332 stocks completing lower. That gave a market expansiveness of 1.48 showing the bulls were in better control,” it said.

AllianceDBS Research said having settled in a decent position at 1,773.75 on Aug 16, the market went ahead to make (Malaysia Stock Picks)  a higher high again with the benchmark list traverse the 1,775 obstacle on 17 Aug 2017.

“Be that as it may, the benchmark file did not go far up for showcase members were again unwilling to play a more forceful purchasing amusement in the zone of 1,775 inspired by a paranoid fear of sudden market inversion.

“This can be seen from the day’s high   of 1,776.31.

“A conclusive hybrid of 1,775 is still observed important to upgrade advertise purchasing certainty,” it said.

The exploration house said following the very close on Aug 17, there ought to be purchasing endeavor again with quick obstacle at 1,782.

It said a hybrid of 1,782 would see a trial of next resistance at 1,788.

“The investigation of general (Best Stock Pick For Klse) market activity on Aug 17 uncovered that purchasing power was more grounded than offering weight.

“Thusly, the FBM KLCI would likely exchange over the 1,776.31 level on Aug 18,” said AllianceDBS Research.

In light of corporate declarations and news stream yesterday, organizations that might be in concentrate today (Malaysia Stocks Pick) could incorporate the accompanying: Notion VTec Bhd, Hong Leong Industries Bhd, Carlsberg Brewery Malaysia Bhd, Kerjaya (Klse Stock Pick 2017) Prospek Group Bhd, Allianz Malaysia Bhd, SP Setia Bhd, Pos Malaysia Bhd and Seacera Group Bhd.

Hot Stocks Of The Day
1. JOHAN
2. REV
3. AEMULUS
4. HENGYUAN
5. MLAB 

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%)

Stock Picks In Malaysia – Tenaga again lifts KLCI, banks advance, ringgit firm

KUALA LUMPUR: Blue chips were higher at early afternoon on Friday, helped by increases in Tenaga, Petronas Gas, and banks while the ringgit rose 1.5% against the pound sterling. – Stock Picks In Malaysia

At 12.30pm (Stock Picks In Malaysia),

The FBM KLCI was up 3.64 focuses or 0.2% to 1,789.21. Turnover was 992.72 million offers esteemed at RM951.34mil. There were 385 gainers, 340 washouts and 380 stocks unaltered.

 Stock Picks In Malaysia

China’s blue-chip file were on track to close at a 17-month high on Friday regardless of maker value information proposing a more extensive monetary log jam, as assets changed from little tops to the “Clever Fifty” because of fixing liquidity.

Sterling hang in Asia on Friday as British races left no single gathering with a reasonable claim to control, sideswiping speculators who had effectively weathered significant hazard occasions in the United States and Europe, Reuters detailed. – Stock Picks In Malaysia

With the larger part of seats tallied in the snap vote, British Prime Minister Theresa May had no real way to win a through and through dominant part in parliament.

The ringgit ascended against a few key monetary forms. It rose 0.03% to the US$ to 4.2670 and surged 1.5% to the pound sterling to 5.4495 and was up 0.03% to the Singapore dollar at 3.0869 while it progressed 0.4% to 4.7826.

Tenaga rose 22 sen to RM14.40 and helped the KLCI by 2.05 focuses, Genting Bhd added four sen to RM9.79 and Genting Malaysia two sen higher at RM5.64. MISC lost five sen to RM7.47. Stock Picks In Malaysia

AmBank rose seven sen to RM4.94, Public Bank increased six sen to RM20.38, RHB Bank three sen to RM5.13, Maybank and Hong Leong Bank crawled up two sen each to RM9.59 and RM15.24, CIMB fell five sen to RM6.62.

US light unrefined petroleum slipped five pennies to US$45.59 and Brent shed six pennies to US$47.80. Petronas Gas rose 32 sen to RM19.40 and prodded the KLCI up 1.04 focuses, Petronas Dagangan added 10 sen to RM24.24 while Petronas Chemicals was level at RM7.21.

Unrefined palm oil for third-month conveyance rose RM12 to RM2,456 per ton. Batu Kawan lost 22 sen to RM18.64, KL Kepong fell eight sen to RM24.82 and PPB Group two sen to RM16.96.Sime Darby and IOI Corp were level at RM9.59 and RM4.53.

Glove creators ascended as Top Glove and Kossan added 16 sen each to RMRM5.90 and RM6.49 while Hartalega call warrants CU surged 27 sen to 35 sen and CV picked up 16 sen to 42 sen.

Chip creator MPI rose 18 sen to RM13.34 as the viewpoint for the semiconductor lights up. Notwithstanding,

Concerning shopper stocks, BAT fell 34 sen to RM45.56, Nestle 10 sen to RM82.90, while Carlsberg shed six sen to RM14.72.

“Hot stock of the day”

1. AAX

2. IRIS

3. MAYBANK

4. SENERGY

5. SUNWAY

KL shares slightly positive at mid-morning : Klse Stocks Picks 2017

KUALA LUMPUR: Share costs on Bursa Malaysia were blended at mid-morning in spite of the fact that the key file recuperated from before misfortunes to cross into the positive region.  Klse Stocks Picks 2017

At 11 am (Klse Stocks Picks 2017),

the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.15 focuses better at 1,787.07 from yesterday’s 1,785.92, subsequent to opening 1.17 focuses bring down at 1,784.75.

Klse Stocks Picks 2017

On the more extensive market, washouts still outpaced gainers 310 to 287 with 383 counters unaltered, 800 counters untraded and 23 others were suspended.

Turnover remained at 765.60 million offers worth RM488.25 million.

For heavyweights, Maybank propelled four sen to RM9.59, TNB shed two sen to RM14.18, Public Bank rose 18 sen to RM20.34, and Sime Darby slipped one sen to RM9.56, while CIMB backtracked four sen to RM6.67.   Klse Stocks Picks 2017

Effectively exchanged stocks included AT Systematization and Frontken which was level at 4.5 sen and 31.5 sen, separately, and Dolphin edged up a large portion of a-sen to 23 sen while Hiap Teck added one sen to 33.5 sen.

On the scoreboard, the FBM Emas Index expanded 7.03 focuses to 12,728.33, the FBMT100 Index rose 7.10 focuses to 12,367.18 yet the FBM Emas Shariah Index shed 6.01 focuses to 12,938.40.

The FBM Ace edged up 20.60 focuses to 6,369.35 and the FBM 70 enhanced 5.42 focuses to 15,123.99.

On a sectoral premise, the Finance Index rose 6.89 focuses to 16,819.32, the Industrial Index crept up 1.58 focuses to 3,298.85 while the Plantation Index trimmed 7.98 focuses to 7,952.38.

Allianz drove the top gainers, adding 48 sen to RM12.68, while the top washout was Hong Leong Bank, which fell 18 sen to RM15.22.

Latest Hot Stocks for KLSE investors 

CAP (Bursa: 5229):  0.010 +0.005 (+100.00%)
VIVOCOM (Bursa: 0069): 0.130 +0.005 (+4.00%)
FGV-C27 (Bursa: 522227): 0.030 +0.010 (+50.00%)
AIRASIA (Bursa: 5099):  3.360 +0.080 (+2.44%)
HLBANK (Bursa: 5819):  15.400 +0.120 (+0.79%)

KLCI market watch – Blue chips climbed in early Friday

KUALA LUMPUR: – Blue chips moved in early Friday exchange on increases by Petronas Gas and Genting Bhd while unrefined petroleum costs crawled higher. KLCI market watch

At 9.38am KLCI market watch,

The KLCI was up 2.73 focuses or 0.15% to 1,778.12.

Turnover was 534.77 million shares esteemed at RM200mil. There were 264 gainers, 233 washouts and 320 counters unaltered.

KLCI market watch

Asian shares crawled up Friday, tottered by a downbeat day on Wall Street yet at the same time on track for week by week rises, while oil costs amplified picks up on trusts in yield cuts, Reuters announced. KLCI market watch

MSCI's broadest record of Asia-Pacific shares outside Japan rose 0.1%, short of almost two-year highs examined in the past session yet at the same time up 1.8% for the week. 

Kenanga Investment Bank Research, in its specialized viewpoint for the KLCI, said diagram shrewd, the essential pattern of the hidden file is still up as it is very much bolstered by all its key moving midpoints.

“Regardless,

the nearby bourse is as yet topped beneath the mental 1,780 level while key energy pointers, for example, day by day RSI and Stochastic are seen to be overbought at this crossroads, proposing that upside could be restricted from here.

"Accordingly we see that the KLCI is likely exchange inside a scope of 1,768-1,780 later today, where resistance levels are presently observed at 1,780 (R1)/1,800 (R2) while bolster levels are tied at 1,768 (S1)/1,743 (S2)," it said.

KLCI market watch

Oil costs were steady on Friday as brokers expected Opec-drove generation slices to reach out past the center of this current year, and as US rough inventories tumbled to their most reduced levels since February, Reuters revealed.

Brent rough fates rose five pennies to US$50.82 per barrel while US West Texas Intermediate (WTI) raw petroleum prospects added six pennies to US$47.89. 

Petron Malaysia and Hengyuan, in the past Shell Refining, pulled in solid retail intrigue. Petron rose 41 sen to RM8.89 and Hengyuan was up 18 sen to RM4.42.

Petronas Gas added 30 sen to RM19.42, MPI 18 sen to RM13.06 and Genting Bhd 10 sen higher at RM9.83.

Be that as it may, Petronas Gas fell nine sen to RM7.23, Geshen nine sen bring down at RM2.31, Kossan and CAM Cakaran seven sen down at RM6.31 and RM3.03.

KLCI market watch

Latest hot stocks updates for KLSE investors
1. REDTONE
2. DUFU
3. DRBHCOM
4. BIOHLDG
5. ECONBHD
Traders could apply here for 3 days free trial @ www.mmfsolutions.my

Best stock pick for klse – KLCI rallies past key 1,730 resistance level

KUALA LUMPUR: Blue chips broadened their additions early Monday on maintained remote purchasing and pushed the FBM KLCI past the 1,730 resistance level, drove by Petronas Dagangan, ranches and banks. best stock pick for klse

At 9.26am (best stock pick for klse),

The KLCI was up 5.51 focuses or 0.32% to 1,732.87. Turnover was 4214.39 million shares esteemed at RM191.46mil. There were 273 gainers, 131 failures and 262 counters unaltered.

Outside assets were net purchasers on Monday at RM79mil while retail financial specialists were net dealers at RM40.4mil and nearby supports at RM38.6mil.

Kenanga Investment Bank Research said graph savvy,

The KLCI ruptured over the resistance-turned-bolster level of 1,720 (S1) on the back of high exchanging volume, drifting a hair inch over its key multi-month resistance level of 1,727 (R1). – best stock pick for klse

“The hidden list standpoint is still emphatically balanced,

as it is as yet exchanging close by its uptrend channel. In addition, MACD has arranged a bullish hybrid over its flag line, while RSI and Stochastic are depicting a positive attach to mirror the pilling purchasing force on the key record.

“All in, the KLCI looks ready to retest its prompt 1,727 (R1) level,

where a persuading break out would see it outfit towards its next resistance of 1,744 (R2). In the mean time, backings are currently topped at 1,720 (S2) and 1,710 (S2) assist underneath,” said the exploration house.

Petronas Dagangan rose 46 sen to RM24.86 while ranches PPB Group rose 34 sen to RM16.98 and KLKepong picked up 32 sen to RM24.70.

Hong Leong Bank rose 24 sen to RM13.68,

  1. KLCC added 18 sen to RM7.98, Hap Seng 11 sen to RM9.17 and Telekom 10 sen higher at RM6.25.
  2. KKB Engineering propelled nine sen to RM1.31 after it stowed two contracts worth RM100mil.
  3. Hovid ascended in dynamic exchange after its Chemor plant was permitted to resume operations on Tuesday.
  4. It rose 2.5 sen to 34 sen and Hovid-WB added 2.5 sen to 19 sen.

Customer stocks were among the washouts,

with Dutch Lady down 66 sen to RM55, BAT 22 sen bring down at RM49.28, Heineken eight sen lower and F&N six sent down at RM23.92.

KLCI rallies early Thursday, solidly above 1,700 – Klse Stock Market Watch

KUALA LUMPUR: Key Asian markets revitalized early Thursday, with Bursa Malaysia riding on the coat tails of the rising financial specialist good faith after the Dow Jones Industrial Average (DJIA) crushed through the basic 21,000 level overnight.  Klse Stock Market Watch

Asian shares ascended on Thursday (Klse Stock Market Watch):

As financial specialists were empowered by President Donald Trump’s deliberate tone in his first discourse to Congress, which sent Wall Street stocks strongly higher, while developing wagers on a US rate climb this month floated the dollar, Reuters detailed. – Klse Stock Market Watch

At 9.16am, the KLCI was up 11.77 focuses or 0.69% to 1,709.46.

Turnover was 312.34 million shares esteemed at RM128.60mil. There were 326 gainers, 58 washouts and 243 counters unaltered.

MSCI’s broadest file of Asia-Pacific shares outside Japan rose 0.2%, drove by bounce back in Australian shares. Japan’s Nikkei rose 1.3% to a 14-month high, the wire report said.

Hong Leong Investment Bank (HLIB) Research said without any negative astonishments in Trump’s discourse, it expects here and now purchasing enthusiasm to win.

“As the Dow is on an uptrend in place arrangement, purchasing energy may manage over the close term with the trailing support secured around 20,776.

“In the mean time,

the FBM KLCI is probably going to stick to this same pattern on a solid purchasing tone and the key list may outperform 1,700 to return to 1,730,” it said.

Petronas Dagangan rose 72 sen to RM25.70, KL Kepong 16 sen to RM24.36, Public Bank and Maybank 10 sen higher to RM20.04 and RM8.72 while Sime Darby increased nine sen to RM9.13.

BAT added 38 sen to RM48.98 and F&N 18 sen higher at RM23.44 while MSM added 11 sen to RM4.54 after sugar cost was expanded.

Genting Plantations fell eight sen to RM11.55, Padini five sen to RM2.94, Hai-O and Cypark two sen lower to RM4.42 and RM2.15.

Daily stock picks to consider investing in dividend stocks

In case you’ve ever had occasion to make studies comparing distinct kinds of returns from stocks which have unique traits, as a category, dividend stocks tend to do better than the average stock over lengthy intervals of time. There are a large number of reasons as to why this occurs but it’s a powerful enough that many traders have achieved pretty properly for themselves over an investing lifetime via specializing in dividend stocks using daily stock picks.

It’d be useful to sit down for a moment and break out reasons dividend stocks are so fascinating to traders who prioritize long-term wealth accumulation.

Dividend stocks might be better for many ordinary traders than shares that don’t Pay Dividends because the coins flow restrictions result in lower Accruals:


Typically, traders aren’t exactly inquisitive about studying about superior accounting strategies, daily stock picks or diving into a profits assertion or balance sheet.  Although, it’s the coronary heart and soul of the making an investment procedure.  After all, an enterprise is ultimately simplest well worth total current value of the discounted cash flows it can and could produce for its proprietors.

In fact, whilst valuing a company or shares, most expert traders use a shape of changed loose cash flow in preference to pronounced net profits applicable to not unusual to make trades using Stocks picks.  In my case, my favored metric is something known as owner earnings.

An agency that pays dividends has to physically provide you with cash that buyers can receive; cash that is mailed to them in paper check form, direct deposited into their checking or financial savings account, or dispatched to their broker for deposit of their brokerage account. For fruitful stocks trading, you can get free daily stock picks from the advisor to execute trade.

Dividend stocks better than stocks that do not Pay Dividends for many regular investors because the huge On-Going cash commitment Reduces funds to be had for Managerial Allocation:


While coins starts to pile up in surplus, many women and men discover themselves going through a steady stress to spend it, even supposing spending it’d be a mistake or lead to much less best results.  For the ones in corporate America, whilst that spending is dedicated to mergers and acquisitions, it may bring about a far larger domain and all that comes with it, normally share alternatives, limited shares, higher income, bonuses, pension advantages, and, perhaps, even a golden parachute.

Because of this executives need to be more extra selective while figuring out ability merger and acquisition applicants than they otherwise might have needed to be in a world of easy money. For the selection of the stock, free daily stock picks Malaysia can be utilized in Malaysia market to make profit.

Dividend stocks might be better than stocks that don’t Pay Dividends due to the fact They enjoy a Phenomenon referred to as “Yield guide” for the duration of stock marketplace Crashes:


Believe which you are searching at a daily stock picks that trades at $100 according to share.  Now, consider that inventory pays a 3% dividend.  The enterprise itself is especially strong.  Income cowls the dividend sufficiently and people profits are from diverse underlying resources so there is best a tiny probability of a dividend cut.  Now, consider that the stock market begins to crash.  This company falls to $90 consistent with percentage, $80 in step with percentage, $70 in line with percentage. In this type of cases, use stocks picks to gain profit.

It continues going, down through $60 per proportion, $50 in line with percentage.  sooner or later, provided that dividend is secure and investors are convinced it’s far going to be maintained, the dividend yield at the inventory itself goes to be so appealing that it brings in shoppers from the sidelines; individuals who in any other case can’t stand to peer the yield right there in front of them without doing something approximately it. So always prefer stocks picks in Malaysia for trading.

Bottom Line:


There are multiple ways to pick out the first-rate shares so that you can day alternate.  Keep in mind trading is an adventure, so do not try to determine all of it out in someday.  Just make certain your experiment gives you the means to exchange high quantity stocks primarily based on a valid system or daily stock picks that continuously makes you money.

Blue chips fell early Thursday – Free daily stock picks

KUALA LUMPUR: Blue chips fell early Thursday, setting the pace for a mindful exchanging month of February on kept offering weight on power monster Tenaga Nasional. (Free daily stock picks)

At 9.15am, the KLCI was down 1.73 focuses or 0.1% to 1,669.81 – amplifying the 14 focuses decrease on Tuesday.(Free daily stock picks)


Turnover was 160.71 million shares esteemed at RM117.63mil. There were 186 gainers, 102 failures and 211 counters unaltered.

Hong Leong Investment Bank Research said in front of the February detailing season, shares on Bursa Malaysia will prone to be caught in range-bound solidification in the wake of surging 1.8% in January.

“By and large, exchanging energy may change to lower liners and little tops after their current retracements,” it said.


Asian shares ticked up while the dollar was topped on Thursday after the US Federal Reserve adhered to its somewhat energetic monetary view however gave no clue of any quick rate climb, Reuters announced.

US oil fell on Thursday after authority information indicated US rough and gas stockpiles climbed pointedly, despite the fact that signs that OPEC and different makers are holding the line on yield cuts are supporting costs, it said.

Front month prospects for West Texas Intermediate were down 34 pennies at US$53.54 a barrel at 0016 GMT on Thursday. They climbed US$1.07 to close at $53.88 the day preceding.

Exchanging of Brent unrefined had not begun. The agreement settled up $1.22 a barrel at $56.80 on Wednesday.


At Bursa, Petronas Gas fell 28 sen to RM20.60 while Tenaga lost 24 sen to RM13.16 while Tenaga call warrants C34 tumbled five sen to six sen.

With respect to banks, Maybank and AmBank fell six sen each to RM8.16 and RM4.52.

KLCC lost 12 sen to RM7.87, F&N shed eight sen to RM23.42 and TimeCom was eight sen bring down at RM7.92.


In any case, BAT recouped somewhat to add 66 sen to RM47 and Eon Credit picked up 36 sen to RM15.98.

Ranches were generally higher driven by United Plantations which rose 50 sen to RM28, KL Kepong added 24 sen to RM24.34 and PPB Group 18 sen higher at RM16.44. Genting Plantation was up 12 sen to RM11.02.

We publish our hot stocks list for KLSE investors, so hurry up trader see this list and start trading


  1. HIBISCS
  2. AAX
  3. IFCAMSC
  4. FGV
  5. BJCORP

KLSE INTRADAY SIGNALS: BUY AAX AT 0.415 TARGET 0.430, 0.445 SL 0.395 


 

Sime Darby hogged the limelight early Friday – Stock picks in Malaysia

KUALA LUMPUR: Sime Darby hoarded the spotlight early Friday after its proposed corporate practice and its additions supported the FBM KLCI’s increases. (Stocks picks in Malaysia)

At 9.38am, the KLCI was up 0.21% or 0.01% to 1,692.43. (Stocks picks in Malaysia)

Turnover was 320.76 million shares esteemed at RM97.15mil. There were 157 gainers, 130 washouts and 223 counters unaltered.

Reuters announced Asian shares were relentless on Friday and were on track for a strong propel this week, while oil and the dollar clutched picks up in the wake of solid US corporate profit.

MSCI’s broadest list of Asia-Pacific shares outside Japan was minimal changed, yet on track to end the week up 1.9%. Japan’s Nikkei rose 0.3%, stretching out additions for the week to 1.7%.

South Korean markets are shut for occasions on Friday and Monday. Chinese markets are closed for the Lunar New Year occasion and will continue exchange on Friday, Feb. 3. Taiwan is likewise shut for Lunar New Year and will revive on Thursday, Feb. 2.

In the interim, oil costs plunged, with rising rough yield from the US counterbalancing endeavors by OPEC and different makers to slice supplies to prop up the market.

Brent unrefined prospects were exchanging at US$56.14 per barrel at 0132 GMT, down 10 pennies from their last close. US West Texas Intermediate (WTI) rough prospects dropped 2 pennies to US$53.76 a barrel.

At Bursa, Sime Darby rose 39 sen to RM9.21 with 2.89 million shares done. Its call warrants C7 rose seven sen to 19.5 sen.

Sime Darby arrangements to turn off its manors and property organizations in independent postings on Bursa Malaysia, while the exchanging and strategic organizations will stay under Sime Darby Bhd, which will hold its recorded status.

UMW added 12 sen to RM5.93, MPI 11 sen to RM8.14, CCM seven sen higher at RM1.10 while SP Setia and Zhulian rose seven sen each to RM3.33 and RM1.47.

Petronas Gas fell 40 sen to RM20.54, HLFG 30 sen bring down at RM14.80 while Maybank and Public Bank shed six sen each to RM8.26 and RM20.22.

Our recommendation for KLSE investors


  1. MBSB
  2. FGV
  3. CUSCAPI
  4. KNM

KLSE INTRADAY SIGNALS: MBSB AT 1.10 TARGET 1.15, 1.20 SL 1.04 


Our recommendation for SGX investors


  1. CAPITALAND
  2. THAIBEV
  3. ALLIANCE MINERALS

SGX INTRADAY SIGNALS: BUY AA AT 0.041 TARGET 0.043, 0.045 SL 0.038 


Get 3 days free trial in stocks picks in Malaysia