Author Topic: KLSE starting to collapse  (Read 518177 times)

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10200 on: July 20, 2018, 11:57:40 AM »
-8.47
Namotasapakawatoarahatosamasamputasa

Online DR KIM

  • Prince
  • **********
  • Posts: 43,352
Re: HOT BULL MARKET AGAIN $$$$$
« Reply #10201 on: July 20, 2018, 12:09:33 PM »
rumour Jho LO is arrested in China.
If it is true, mkt may boom as money stolen from 1MDB and other China projects will be repatriated for nation building

IPO MANIA  :cash: :cash:
Sign of super bull market  :thumbsup:

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: HOT BULL MARKET AGAIN $$$$$
« Reply #10202 on: July 20, 2018, 01:11:10 PM »
IPO MANIA  :cash: :cash:
Sign of super bull market  :thumbsup:

Dogkim get burned buT tock  :D
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10203 on: July 20, 2018, 01:12:59 PM »
(吉隆坡20日讯)国家能源(Tenaga Nasional Bhd)及云顶(Genting Bhd)等综指成分蓝筹股走低,拖累马股盘中挫0.42%。

截至早上10点,富时隆综指跌7.28点,至1751.96点。

下跌股387只,上升股194只,282只无起落。成交量为7亿771万股,值4亿1977万令吉。

下跌股包括Nestle (M) Bhd、Dutch Lady Milk Industries Bhd、KESM Industries Bhd、Ajinomoto (M) Bhd、Tenaga、Hong Leong Financial Group Bhd、Hengyuan Refining Company Bhd、Genting与Petron Malaysia Refining & Marketing Bhd。

热门股有Nova MSC Bhd、My E.G. Services Bhd、Iskandar Waterfront City Bhd、 Sapura Energy Bhd、Ekovest Bhd、Malaysian Resources Corp Bhd及Scomi Group Bhd。

上升股为Nova、LPI Capital Bhd、Carlsberg Brewery Malaysia Bhd、Panasonic Manufacturing Malaysia Bhd、Tasek Corp Bhd、Yinson Holdings Bhd和United Plantations Bhd。

根据路透社报导,亚洲股市周五回吐部分涨幅,因市场担心欧盟对美国商品征收报复性关税,而美国总统Donald Trump对美联储政策的批评则打击美元。

MSCI明晟亚太地区(除日本)指数微扬0.1%。JF Apex证券研究指出,在Trump批评美联储加息后,金融股遭受打击,隔夜美国市场下跌。

根据丰隆投资银行研究,在持续强劲的报告季节及乐观的经济形势下,道指将会维持近期的利好前景。

惟分析员表示,除非美国及其主要贸易伙伴即将进行的贸易讨论在11月中期国会选举之前显示出重大进展,否则市场可能会再次波动。

关键阻力介于25,500至25,800点,支撑位于24,600至28,000点之间。

另外,经济事务部长拿督斯里阿兹敏将于本月杪前往新加坡,以及首相敦马哈迪将于8月中访问中国,有望在中至长期内为本地市场提供进一步的重新评估催化剂。

然而,昨日道指收低及外资恢复抛售活动,脱售了高达9000万令吉的股票,可能会引起回调。
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10204 on: July 20, 2018, 01:14:15 PM »
KUALA LUMPUR (July 20): The FBM KLCI fell 0.42% at mid-morning today, weighed by losses at select index-linked blue chips, including Tenaga Nasional Bhd and Genting Bhd.

At 10am, the FBM KLCI fell 7.28 points to 1,751.96.

Losers led gainers by 387 to 194, while 282 counters traded unchanged. Volume was 707.71 million shares valued at RM419.77 million.

The top losers included Nestle (M) Bhd, Dutch Lady Milk Industries Bhd, KESM Industries Bhd, Ajinomoto (M) Bhd, Tenaga, Hong Leong Financial Group Bhd, Hengyuan Refining Company Bhd, Genting and Petron Malaysia Refining & Marketing Bhd.

The actives included Nova MSC Bhd, My E.G. Services Bhd, Iskandar Waterfront City Bhd, Sapura Energy Bhd, Ekovest Bhd, Malaysian Resources Corp Bhd and Scomi Group Bhd.

The top gainers included Nova, LPI Capital Bhd, Carlsberg Brewery Malaysia Bhd, Panasonic Manufacturing Malaysia Bhd, Tasek Corp Bhd, Yinson Holdings Bhd and United Plantations Bhd.

Asian stocks eked out modest gains on Friday as investor caution prevailed amid concerns about the European Union imposing retaliatory tariffs on US goods while US President Donald Trump's criticism of Federal Reserve policy knocked the US dollar, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.1%. JF Apex Securities Research in a market preview said US markets declined overnight following losses in financial counters after President Trump criticised the Federal Reserve for raising interest rates, it said.

Hong Leong IB Research in a traders' brief said the near-term positive outlook on Dow would sustain on the back of ongoing strong reporting seasons, coupled with the upbeat economic picture.

Nevertheless, it said market may turn choppy again unless upcoming trade discussions between the US and its major trading partners are showing significant progress prior to the mid-term congressional elections in November.

"Key resistances are set at 25,500-25,800 while supports fall on 24,600-28,000 territory.

"Positive expectations of Economic Affairs Minister's visit to Singapore (end-July) and Prime Minister Tun Dr Mahathir Mohamad's China visit (mid-August) could provide further rerating catalysts to our market in the mid to long term, supported by bullish weekly indicators.

"However, the overnight retreat in Dow and a resumption of foreign selling yesterday amounted to RM90 million (after a surprise +RM70 million on July 18) could trigger a long overdue pullback, given the deeply overbought slow stochastic reading and ahead of the August reporting season," it said.
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10205 on: July 20, 2018, 01:14:54 PM »
KUALA LUMPUR (July 20): The FBM KLCI dropped 0.43% at the midday break today, weighed by index-linked blue chips and telecommunication stocks.

Amid weaker regional markets, local investor sentiment further took a beating after Finance Minister Lim Guan Eng in a Bloomberg TV interview said he pared back expectations for economic growth for this year to about 5% as the export-reliant nation braces for knock-on effects of a brewing trade war.

At 12.30pm, the FBM KLCI fell 7.64 points to 1,751.60. The index had earlier dropped to its intra-morning low of 1,749.52.

Losers led gainers by 342 to 216, while 583 counters traded unchanged. Volume was 1.72 billion shares valued at RM1.25 billion.

The top losers included Nestle (M) Bhd, Genting Bhd, Telekom Malaysia Bhd, Maxis Bhd, DiGi.Com Bhd, Tenaga Nasional Bhd, IJM Corp Bhd, Gamuda Bhd and Axiata Group Bhd.

The actives included Iskandar Waterfront City Bhd, My E.G. Services Bhd (MyEG), Nova MSC Bhd, Ekovest Bhd, Malaysian Resources Corp Bhd, George Kent (M) Bhd and AirAsia X Bhd.

The top gainers included Malaysian Pacific Industries Bhd, Nova, Panasonic Manufacturing Malaysia Bhd, LPI Capital Bhd, Iskandar Waterfront City, Press Metal Aluminium Holdings Bhd, MyEG and United Plantations Bhd.

Most Asian stock markets retreated on Friday after China allowed its yuan currency to slide further, stoking concerns Beijing's currency management could become the next flash point in a fierce trade conflict with the United States, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan was unsteady in early trading, giving back morning gains to decline as much as 0.1% at one point. It was last up 0.08%, it said.

Kenanga IB Research said most of the Asian markets closed lower yesterday as investors are turning jittery about the trade war.

"However, on the local bourse, FBM KLCI gained 6.17 points (+0.35%), closing at 1,759.24. Broad market was also showing strength with 640 gainers against 323 decliners.

"Technically, the index outlook is positive-bias as evidenced by stronger stance on MACD and RSI indicators.

"From here, we expect a possible short breather before continuation towards next resistance at 1,790 (R1) and 1,830 (R2) further up. Meanwhile, support levels can be identified at 1,720 (S1) and 1,700 (S2)," it said.
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10206 on: July 20, 2018, 01:24:01 PM »
(吉隆坡20日讯)人民币汇率大幅走跌,引发投资者担忧,导致亚洲股市周五早盘普遍下滑。

截至中午12点半休市,富时隆综指报1751.60点,跌7.64点。成交量有17亿2109万8200股,成交值12亿5003万9852令吉。

上升股288只,下跌股467只,386只无起落,794只无交易。

富时大马全股项指数休市报12397.67点,跌44.57点。

令吉汇率趋跌,截至中午12点半报4.0660兑1美元。
Namotasapakawatoarahatosamasamputasa

Online DR KIM

  • Prince
  • **********
  • Posts: 43,352
Re: HOT BULL MARKET AGAIN $$$$$
« Reply #10207 on: July 20, 2018, 01:42:11 PM »
IPO MANIA  :cash: :cash:
Sign of super bull market  :thumbsup:

Watch out this coming tuesday July 24... :clap: :clap: :thumbsup:

Another hot IPO RADIANT >> to be limit up RM 1.15 ? ;)

# BTW. OLIENT ?....24 ,HRS IN KOLEP  MODE  :giggle: :giggle:

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10208 on: July 20, 2018, 02:01:04 PM »
SYDNEY/ KUALA LUMPUR: In 2017, the US trade deficit in goods and services was US$566bil; without services, the merchandise account deficit was US$810bil.

The largest US trade deficit is with China, amounting to US$375bil, rising dramatically from an average of US$34bil in the 1990s.

 In 2017, its trade deficit with Japan was US$69bil, and with Germany, US$65bil. The US also has trade deficits with both its Nafta partners, including US$71bil with Mexico.

President Trump wants to reduce these deficits with protectionist measures.

In March 2018, he imposed a 25% tariff on steel imports and a 10% tariff on aluminium, a month after imposing tariffs and quotas on imported solar panels and washing machines.

On July 10, the US listed Chinese imports worth US$200bil annually that will face 10% tariffs, probably from September, following 25% tariffs on US$34bil of such imports from 7 July.

Do US trade deficits reflect weakness?

The usual explanation for bilateral trade deficits is price differentials. However, the US accuses such countries of “unfair” trade practices, such as currency manipulation, wage suppression and government subsidies to boost exports, besides blocking US imports.

Trump views most trade deals such as Nafta as unfair. His team insists that renegotiating trade deals, “buying American”, a strong dollar and confronting China will shrink US trade deficits.

But the country's overall trade deficit, offset by capital inflows, is related to the gap between its savings and investments.

The US spends more than it produces, thus importing foreign goods and services. Cheap credit fuels debt-financed consumption, increasing the trade deficit.

Total US household debt rose to US$13.2 trillion in the first quarter of 2018, the 15th consecutive quarter of growth in the mortgage, student, auto and credit card loan categories. American consumer debt was more than double GDP in 2017.

US government budget deficits have also been growing. From 67.7% of GDP in 2008, US government debt rose to 105.4% in 2017.

The federal budget deficit was US$665bil in FY2017, rising 14% from US$585bil in FY2016. The US budget deficit was 3.5% of GDP in 2017.

According to the US Congressional Budget Office, it will surpass US$1 trillion by 2020, two years sooner than previously projected, due to Trump tax cuts and spending increases.

The growing US economy may also increase the trade deficit, as consumers spend more on imported goods and services.

The stronger dollar has made foreign products cheaper for American consumers while making US exports more expensive for foreigners.

These underlying economic forces have become more important than policies in raising the overall trade deficit, while bilateral deficits reflect specific commercial relations with particular countries.

Thus, disrupting bilateral trade relations may only shift the trade deficit to others.

Have the cake and eat it?

So, why does the US have a structural trade deficit? As the de facto international ‘reserve currency' after the Second World War, the US has provided the rest of the world with liquidity.

Its perceived military strength means it is seen as a safe place to keep financial assets.

Of about US$10 trillion in global reserves in 2016, for example, around three fifths were held in US dollars.

US supply of international liquidity by issuing the global reserve currency offers several economic advantages.

It also earns seigniorage from issuing the main currency used around the world, due to the difference between the face value of a currency note and the cost of issuing it.

With growing foreign demand for dollars, the US can run deficits almost indefinitely by creating more debt or selling assets.

Demand for dollar-denominated assets, e.g., US Treasury bonds, raises their prices, lowering interest rates, to finance both consumption and investment.

While foreign investors buy low-yielding, short-term US assets, Americans can invest abroad in higher-yielding, long-term assets.

The US usually reaps higher returns on such investments than it pays for debt, labelled America's “exorbitant privilege”.

Thus, for the US to enjoy the “exorbitant privilege” of the dollar's role as the major reserve currency, it must run a chronic trade deficit.

Therefore, giving up the dollar's global reserve currency status will have major implications for the US economy, finances and living standards.

Can the US win Trump's trade war?

Barry Eichengreen noted that countries in military alliances with reserve-currency issuing countries hold about 30% more of the partner's currency in their foreign-exchange reserves than countries not in such alliances.

Instead, Trump has prioritised reducing trade deficits to strengthen the US dollar and dominance while disrupting some old political alliances.

As the US retreats from the global diplomatic stage, use of other reserve currencies, including China's renminbi, has been growing, especially in Europe and Africa.

Thus, ironically, as Trump wages trade wars on both foes and friends, China will probably gain, both geopolitically and economically.

The resulting global economic shift will not only hurt the US dollar and economy through the exchange rate and borrowing costs, but also its geopolitical dominance.

Anis Chowdhury, Adjunct Professor at Western Sydney University (Australia), held senior United Nations positions in New York and Bangkok. Jomo Kwame Sundaram, a former economics professor, was United Nations Assistant Secretary-General for Economic Development, and received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought in 2007.

 
   
Namotasapakawatoarahatosamasamputasa

Online DR KIM

  • Prince
  • **********
  • Posts: 43,352
MARKET GETTING SOLID ROCK $$$$$
« Reply #10209 on: July 20, 2018, 04:09:27 PM »
Dogkim get burned buT tock  :D

 :giggle: :giggle: :rofl:


DR KIM ... a stock market god, where got counting loses  ;) :thumbsup:


market getting solid  rock  now  :clap: :clap: :cash:

IPO  now  CHAMPION   :thumbsup: :cash: :handshake:

Online DR KIM

  • Prince
  • **********
  • Posts: 43,352
Re: MARKET GETTING SOLID ROCK $$$$$
« Reply #10210 on: July 20, 2018, 04:55:17 PM »
:giggle: :giggle: :rofl:

market getting solid  rock  now  :clap: :clap: :cash:

IPO  now  CHAMPION   :thumbsup: :cash: :handshake:

Vol almost 3 billions.....up 400 ++ counters.....super BULL MARKET  :cash: :shake: :thumbsup:

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: MARKET GETTING SOLID ROCK $$$$$
« Reply #10211 on: July 20, 2018, 05:50:35 PM »
Vol almost 3 billions.....up 400 ++ counters.....super BULL MARKET  :cash: :shake: :thumbsup:
Drop 500+ counters  :D
Namotasapakawatoarahatosamasamputasa

Offline jjwong

  • Companion of Honour
  • ***
  • Posts: 664
Re: KLSE starting to collapse
« Reply #10212 on: July 20, 2018, 06:24:21 PM »
SYDNEY/ KUALA LUMPUR: In 2017, the US trade deficit in goods and services was US$566bil; without services, the merchandise account deficit was US$810bil.

The largest US trade deficit is with China, amounting to US$375bil, rising dramatically from an average of US$34bil in the 1990s.

 In 2017, its trade deficit with Japan was US$69bil, and with Germany, US$65bil. The US also has trade deficits with both its Nafta partners, including US$71bil with Mexico.

President Trump wants to reduce these deficits with protectionist measures.

In March 2018, he imposed a 25% tariff on steel imports and a 10% tariff on aluminium, a month after imposing tariffs and quotas on imported solar panels and washing machines.

On July 10, the US listed Chinese imports worth US$200bil annually that will face 10% tariffs, probably from September, following 25% tariffs on US$34bil of such imports from 7 July.

Do US trade deficits reflect weakness?

The usual explanation for bilateral trade deficits is price differentials. However, the US accuses such countries of “unfair” trade practices, such as currency manipulation, wage suppression and government subsidies to boost exports, besides blocking US imports.

Trump views most trade deals such as Nafta as unfair. His team insists that renegotiating trade deals, “buying American”, a strong dollar and confronting China will shrink US trade deficits.

But the country's overall trade deficit, offset by capital inflows, is related to the gap between its savings and investments.

The US spends more than it produces, thus importing foreign goods and services. Cheap credit fuels debt-financed consumption, increasing the trade deficit.

Total US household debt rose to US$13.2 trillion in the first quarter of 2018, the 15th consecutive quarter of growth in the mortgage, student, auto and credit card loan categories. American consumer debt was more than double GDP in 2017.

US government budget deficits have also been growing. From 67.7% of GDP in 2008, US government debt rose to 105.4% in 2017.

The federal budget deficit was US$665bil in FY2017, rising 14% from US$585bil in FY2016. The US budget deficit was 3.5% of GDP in 2017.

According to the US Congressional Budget Office, it will surpass US$1 trillion by 2020, two years sooner than previously projected, due to Trump tax cuts and spending increases.

The growing US economy may also increase the trade deficit, as consumers spend more on imported goods and services.

The stronger dollar has made foreign products cheaper for American consumers while making US exports more expensive for foreigners.

These underlying economic forces have become more important than policies in raising the overall trade deficit, while bilateral deficits reflect specific commercial relations with particular countries.

Thus, disrupting bilateral trade relations may only shift the trade deficit to others.

Have the cake and eat it?

So, why does the US have a structural trade deficit? As the de facto international ‘reserve currency' after the Second World War, the US has provided the rest of the world with liquidity.

Its perceived military strength means it is seen as a safe place to keep financial assets.

Of about US$10 trillion in global reserves in 2016, for example, around three fifths were held in US dollars.

US supply of international liquidity by issuing the global reserve currency offers several economic advantages.

It also earns seigniorage from issuing the main currency used around the world, due to the difference between the face value of a currency note and the cost of issuing it.

With growing foreign demand for dollars, the US can run deficits almost indefinitely by creating more debt or selling assets.

Demand for dollar-denominated assets, e.g., US Treasury bonds, raises their prices, lowering interest rates, to finance both consumption and investment.

While foreign investors buy low-yielding, short-term US assets, Americans can invest abroad in higher-yielding, long-term assets.

The US usually reaps higher returns on such investments than it pays for debt, labelled America's “exorbitant privilege”.

Thus, for the US to enjoy the “exorbitant privilege” of the dollar's role as the major reserve currency, it must run a chronic trade deficit.

Therefore, giving up the dollar's global reserve currency status will have major implications for the US economy, finances and living standards.

Can the US win Trump's trade war?

Barry Eichengreen noted that countries in military alliances with reserve-currency issuing countries hold about 30% more of the partner's currency in their foreign-exchange reserves than countries not in such alliances.

Instead, Trump has prioritised reducing trade deficits to strengthen the US dollar and dominance while disrupting some old political alliances.

As the US retreats from the global diplomatic stage, use of other reserve currencies, including China's renminbi, has been growing, especially in Europe and Africa.

Thus, ironically, as Trump wages trade wars on both foes and friends, China will probably gain, both geopolitically and economically.

The resulting global economic shift will not only hurt the US dollar and economy through the exchange rate and borrowing costs, but also its geopolitical dominance.

Anis Chowdhury, Adjunct Professor at Western Sydney University (Australia), held senior United Nations positions in New York and Bangkok. Jomo Kwame Sundaram, a former economics professor, was United Nations Assistant Secretary-General for Economic Development, and received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought in 2007.

 
 
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

Online ahbah

  • Duke
  • *********
  • Posts: 30,226
  • You got like my 2 best friends ?
Re: KLSE starting to collapse
« Reply #10213 on: July 20, 2018, 09:17:09 PM »
WASHINGTON, July 20 — US President Donald Trump said in an interview released today he is willing to hit all Chinese goods imported to the United States with tariffs if necessary.

“I’m ready to go 500,” the Republican leader told the US network CNBC, referring to the US$505.5 billion (RM2 trillion) in Chinese imports accepted into the United States in 2017.

“I’m not doing this for politics, I’m doing this to do the right thing for our country,” Trump said.

“We’ve been ripped off by China for a long time,” he added.

Online ahbah

  • Duke
  • *********
  • Posts: 30,226
  • You got like my 2 best friends ?
Re: KLSE starting to collapse
« Reply #10214 on: July 20, 2018, 09:32:08 PM »
Malaysia's economy already slowing despite consumer sentiment surge — Nomura

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10215 on: July 21, 2018, 04:22:38 AM »
(吉隆坡20日讯)国家银行公布,我国截至7月13日的外汇储备达1046亿美元(约4252亿令吉)。

根据文告,目前的外汇储备足以应付7.5个月的进口,以及1.1倍的短期外债。

截至6月29日的外汇储备达1047亿美元(约4230亿令吉)。

与6月杪的数据比较,最新的外汇储备金减少了1亿美元。
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10216 on: July 21, 2018, 04:23:27 AM »
KUALA LUMPUR (July 20): The 20% oil royalty recently promised by the Pakatan Harapan (PH) federal government to oil-producing states will be based on profits and not revenue, confirmed Prime Minister Tun Dr Mahathir Mohamad today.

“[The 20% oil royalty] will be based on profit made by Petronas in the [state’s] area. What we collect in Terengganu will not be paid to Sarawak or Sabah,” Dr Mahathir said at a press conference today.

This was in contrast to the Pakatan Harapan manifesto for the 14th General Election.

The manifesto had pledged that oil-producing states would receive a 20% oil royalty, which critics say is based on the revenue of oil and gas extracted from the State, rather than profits obtained after subtracting expenses.

Dr Mahathir told the Dewan Rakyat on July 19 that there would be no deviation from PH’s promise of giving 20% royalty to oil-producing states in the country.

Malaysian oil-producing states include Sabah, Sarawak, Terengganu and Kelantan. It was reported that Sabah and Sarawak currently receive 5% oil royalty from Petronas based on topline numbers.
Namotasapakawatoarahatosamasamputasa

Online ahbah

  • Duke
  • *********
  • Posts: 30,226
  • You got like my 2 best friends ?
Re: KLSE starting to collapse
« Reply #10217 on: July 21, 2018, 12:01:12 PM »
KUALA LUMPUR: The ringgit is likely to extend its downtrend against the US dollar to next week, amid stronger US economic growth and expectations of gradual interest rates hike by the Federal Reserve, said analysts.

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10218 on: July 22, 2018, 03:11:18 AM »
KUALA LUMPUR: The ringgit is likely to extend its downtrend against the US dollar to next week, amid stronger US economic growth and expectations of gradual interest rates hike by the Federal Reserve, said analysts.
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10219 on: July 22, 2018, 03:11:40 AM »
(吉隆坡20日讯)美国总统特朗普抨击联储局升息决策,加上中国风险疑虑不减,亚洲货币周五(20日)起落参半。

马币兑美元深跌回弹,下午6时升至4.0600令吉,终止周四跌到4.0620令吉的颓势。

美元处于守势,跌0.16%至95.004,此前从2017年7月以来的最高位95.652回落。

盘中,印度卢比跌到历来最低的69.13,印尼盾也改写2015年10月以来新低,因中行利率保持不变。
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10220 on: July 22, 2018, 03:12:18 AM »
(吉隆坡20日讯)截至7月13日,我国国际外汇储备减1亿美元,至1046亿美元,相比6月29日为1047亿美元。

国家银行发文告表示,上述外汇储备足以应付7.5月的进口及相等于1.1倍的短期外债。

6月14日,大马外汇储备报1079亿美元(约4357亿令吉),5月31日1085亿美元、5月15日1094亿美元。

基于马币兑美元波动,尽管美元计外汇储备告减,截至7月13日,马币计外汇储备达4251亿令吉,比前期4228亿多23亿令吉。

国行指出,国际储备金主要分布在外汇储备980亿美元、国际货币基金组织储备9亿美元、特别提款权12亿美元、黄金15亿美元及其他储备资产30亿美元。

文告说,国行的资产包括黄金和外汇及其他储备包括特别提款权4230亿8000万令吉、大马政府票据43亿令吉、金融机构存款42亿5000万令吉、贷款与透支72亿5000万令吉、土地及建筑41亿8000万令吉及其他资产95亿7000万令吉。
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10221 on: July 22, 2018, 03:21:10 AM »

The market staged a technical rebound as expected last week despite weaker ringgit and continuous foreign selling. Furthermore, global markets were mixed. This shows strong support from local institutions. The FBM KLCI rose 1.9 per cent in a week to 1,754.67 points last Friday.

Trading volume continued to increase last week especially towards the end of the week.

The average daily trading volume increased to 2.7 billion shares from 2.5 billion shares two weeks ago and the average daily trading value increased to RM2.7 billion from RM2.5 billion.

The selling mode from foreign institutions has not ended but eased. Net sell from foreign institutions was RM247 million while net buys from local institutions and local retail were RM240 million and RM7 million respectively.

In the FBM KLCI, gainers beat decliners seven to three. The top three gainers were Digi.com Bhd (9.1 per cent in a week to RM4.54), Telekom Malaysia Bhd (5.3 per cent to RM3.81) and Press Metal Bhd (five per cent to RM4.40).

The top three decliners were Hong Leong Bank Bhd (2.1 per cent to RM18.50), Hartalega Holdings Bhd (1.8 per cent to RM6.08) and Hong Leong Financial Group Bhd (1.1 per cent to RM18.20).

Asian markets were mixed last week. Chinese markets including Hong Kong fell lower but others were generally bullish.

Markets were also mixed in Europe but the US market continued to rise and dollar remained strong against other currencies.

The US dollar remained firm against major currencies in the past one week. The US dollar Index closed at 94.5 points last Friday as compared to 94.7 points the week before.

The Malaysian ringgit weakened against the US dollar from RM4.05 to a US dollar two weeks ago to RM4.06 last Friday.

Commodities prices ended generally lower last week. Gold (COMEX) fell 0.8 per cent in a week to US$1,231.90 an ounce, the lowest level in a year. Crude oil (Brent) declined 2.6 per cent in a week to US$73.00 a barrel.

In Malaysia, crude palm oil futures fell 2.3 per cent in a week to RM2,194 per metric tonne last Friday.

The index continued to rise last week after breaking above the resistance level of the down trend at 1,700 points two weeks ago.

The next resistance level is at 1,790 points based on the long term 200-day moving average. Hence, the previous resistance level at 1,700 points now turned support level.

Technically, the FBM KLCI is bullish in the short term above the short term 30-day moving average.

However, the index is still below the long term 200-day moving average and the Ichimoku Cloud indicator, which is currently between 1,780 and 1800 points.

The Ichimoku cloud remained bearish but the tightening of the cloud indicates a weak bearish trend.

Momentum indicators like the RSI, MACD and Momentum Oscillator continued to increase above their mid-levels and this indicates that the bullish momentum is gaining traction.

With the strong bullish rally in the past two weeks, we may expect some pull back this week for profit taking but generally, the trend may remain bullish.

The index is expected to test the next resistance level at 1,790 to 1,800 points.

The above commentary is solely used for educational purposes and is the contributor’s point of view using technical al analysis. The commentary should not be construed as an investment advice or any form of recommendation. Should you need investment advice, please consult a licensed investment advisor.
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10222 on: July 22, 2018, 03:21:53 AM »
The Thomson Reuters BPAM All Bond Index registered a gain of 0.17 per cent to close at 158.787 points from 158.517 points last Friday.

The index gain was partly contributed by the heavy interest emerged in corporate bond/sukuk this week, especially for the government-guaranteed (GG) segment, which had registered a weekly trade volume of RM1.475 billion compared to RM827 million last week.

The strong interest in GG segments had also driven the GG curves bull-flattened by 1-5bps from three-year onwards for the week.

On the other hand, trading momentum in government segment slowed down significantly compared to last week due to lack of fresh leads.

On Wednesday, the Statistics Department announced the Consumer Price Index (CPI) for June 2018, which had registered the lowest growth in 40 months at 0.8 per cent on year-on-year basis.

The lower CPI growth in June 2018 was attributed to the abolishment of the GST to zero rated starting June 1, discounted price by retailers in conjunction with festivities and the implementation of Price Control Scheme for 22 selected items in conjunction with Hari Raya Aidilfitri.

Among the main groups that recorded decreases were index for Miscellaneous Goods & Services (3.1 per cent), Communication (three per cent), Recreation & Culture Services (2.9 per cent), Clothing & Footwear (2.6 per cent), Furnishings, Household Equipment & Routine Household Maintenance (2.4 per cent), and Food & Non-Alcoholic Beverages (one per cent).

On month-on-month basis, CPI decreased by 1.2 per cent as a result of the decrease in all main groups.

On the international front, Federal Reserve chairman Jerome Powell on Tuesday emphasised that more rate hikes are right path “for now” despite uncertainties arising from the trade wars between US and China as the job market was expected to improve further and the inflation rate was getting closer to the two per cent target.

Government bonds/sukuk remained the top 10 most actively traded bonds this week despite that the total trade volume for government segment was decreased to RM8.734 million from RM12.259 billion last week.

The recently reopened 10-year benchmark GII maturing on October 31, 2028 continued to top the list with RM1.3 billion changed hands.

On July 18, 2018, RAM Ratings has downgraded TF Varlik Kiralama AS’s (TF Varlik) RM3.0 billion Sukuk Murabahah MTN Programme (2014/2034) and KT Kira Sertifikalari Varlik Kiralama AS’s (KT Kira) RM2 billion Islamic MTN Programme (2015/2025) to A1/Stable and A1(s)/Stable from AA3/Negative and AA3(s)/Negative respectively.

The rating downgrade was triggered by RAM Ratings’ downgrade of Turkey’s sovereign ratings to gBB2(pi)/Stable/gNP(pi) from gBBB3(pi)/Negative/gP3(pi), due to an erosion of the country’s fiscal discipline, a rising likelihood of contingent liabilities crystallising and higher economic volatility.

Based on RAM Ratings methodology, the downgrade of Turkey’s rating to the gBB category necessitates a one-notch ‘sovereign weight’, which then lowers the bank’s long-term rating.
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10223 on: July 22, 2018, 03:22:25 AM »
The Malaysian palm oil futures rebounded from the previous week’s losses, but failed to maintain its winning streaks due to technical correction and sluggish demand.

The benchmark crude palm oil futures (FCPO) contract fell 3.09 per cent to RM2,194 on Thursday, which was RM70 lower than RM2,264 recorded during the previous week on Friday.

The average daily trading volume during Monday to Thursday increased 14.89 per cent with a total average of 56,175 contracts traded, as compared with a total average of 47,809 contracts traded during last Monday to Thursday.

The daily average open interest during Monday to Thursday increased 2.94 per cent to 263,106 contracts from 255,374 contracts during last Monday to Thursday.

AmSpec reported that exports of Malaysian palm oil products for July 1 to 20 fell 1.3 per cent to 681,178 tonnes, from 690,015 tonnes shipped during June 1 to 20.

Societe Generale de Surveillance (SGS) reported that exports of Malaysian palm oil products during July 1 to 20 rose 3.3 per cent to 692,334 tonnes from 670,442 tonnes shipped during June 1 to 20.

Malaysia’s palm oil production is expected to rise in July and throughout the third quarter of the year, in line with the seasonal trend.

Exports from Malaysia, the world’s second largest palm oil producer, had already declined for a third straight month in June, down 12.6 per cent at 1.13 million tonnes, on slower demand from key buyers India and China. Independent inspection company AmSpec Agri Malaysia reported a 1.3 per cent decline in Malaysian palm oil exports for July 1 to 20.

Spot ringgit depreciated 0.63 per cent to 4.0655 against the US dollar, compared with 4.04 on last Friday.

The dollar held below a one-year high on Friday after US President Donald Trump expressed concerns about a stronger currency, although a weakening Chinese yuan reduced risk appetite.

Technical analysis

According to the FCPO daily chart, FCPO gained from last week’s losses but was unable to maintain its uptrend.

On Monday, FCPO ended at 2,171, 26 points higher than the previous close of 2,j\145, with a traded volume of 17,380.

On Tuesday, FCPO ended at 2,170, one point lower than the previous close of 2,171, with a traded volume of 16,866.

On Wednesday, FCPO ended at 2,212, 42 points higher than the previous close of 2,170, with a traded volume of 24,268.

On Thursday, FCPO ended at 2,195, 17 points lower than the previous close of 2,212, with a traded volume of 19,022.

On Friday, FCPO ended at 2,194, one point lower than the previous close of 2,195, with a traded volume of 17,725.

Based on the daily candlesticks chart, current market showed signs of a rebound but market sentiment remained unclear. In the coming week, FCPO might test the first support level at 2,185.

If FCPO fails to rebound, it is expected to trade lower to the second support level at 2,165.

Traders should wait for the coming week’s market’s movement to further confirm the upcoming market trend.

Resistance lines will be positioned at 2,210 and 2,240, whereas support lines will be at 2,185, and 2,165.

These levels will be observed in the coming week.

Major fundamental news this coming week

AmSpec and SGS reports will be released on July 25.

Oriental Pacific Futures (OPF) is a Trading Participant and Clearing Participant of Bursa Malaysia Derivatives. You may reach us at www.opf.com.my. Disclaimer: This article is written for general information only. The writers, publishers and OPF will not be held liable for any damage or trading losses that result from the use of this article.
Namotasapakawatoarahatosamasamputasa

Online DR KIM

  • Prince
  • **********
  • Posts: 43,352
Re: MARKET GETTING SOLID ROCK $$$$$
« Reply #10224 on: July 22, 2018, 08:19:58 AM »
:giggle: :giggle: :rofl:

market getting solid  rock  now  :clap: :clap: :cash:

IPO  now  CHAMPION   :thumbsup: :cash: :handshake:

MARKET ON HOT MODE AGAIN....

.MORE TO COME  :cash: :cash: :clap: :thumbsup:

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: MARKET GETTING SOLID ROCK $$$$$
« Reply #10225 on: July 23, 2018, 06:07:27 AM »
MARKET ON HOT MODE AGAIN....

.MORE TO COME  :cash: :cash: :clap: :thumbsup:
:D :D
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10226 on: July 23, 2018, 06:08:51 AM »
KUALA LUMPUR (July 23): The FBM KLCI is trending lower today, in line with the weaker close at most global markets last Friday, with immediate support at 1,730.

The U.S. dollar weakened, long term Treasury yields rose and stocks closed mostly lower on Friday after President Donald Trump complained again about the greenback's strength and about Federal Reserve interest rate rises, according to Reuters.

Wall Street and European stock markets stalled, despite good corporate earnings, after Trump threatened to impose tariffs on all U.S. imports from China, it said.

On Wall Street, the Dow Jones Industrial Average fell 6.38 points, or 0.03 percent, to 25,058.12, the S&P 500 lost 2.67 points, or 0.10 percent, to 2,801.82 and the Nasdaq Composite dropped 5.10 points, or 0.07 percent, to 7,820.20, said Reuters.

AllianceDBS Research in its evening edition last Friday said that despite the up close in the preceding day, the FBM KLCI had on July 20 traded lower to 1,749.52 as market participants changed their game play pattern to selling in anticipation of a lower market.

It said under the persistent selling interest, the benchmark index was in the red throughout the trading sessions before settling off the day’s low at 1,754.67 (down 4.57 points or 0.26%) ahead of the weekend.

“In the broader market, losers outnumbered gainers with 481 stocks ending lower and 411 stocks finishing higher. That gave a market breadth of 0.85 indicating the bears were in better control,” it said.

AllianceDBS Research said having made higher high for 8 consecutive days, the benchmark index traded lower on July 20 with the benchmark index falling to a low of the 1,749.52 level.

It said the lower low on July 20 did not come as a surprise for the benchmark index had gained about 102 points in the recent market rise measuring from the low of 1,662 (9 Jul 2018) to the high of 1,764 (19 Jul 2018).

“Moreover, the market was in need of a retracement to balance out the disequilibrium created recently in the demand supply equation.

“This helped to explain the rationale behind the lower low on July 20.

“Unlike the earlier market sessions, market participants were seen more willing to sell on July 20 because they did not wish to carry large stock positions over the weekend for fear external market risk,” it said. 

The research house said following the down close on July 20, there should be selling attempt with immediate support at 1,730.

 “The analysis of overall market action on July 20 revealed that buying power was weaker than selling pressure.

“As such, the FBM KLCI would likely trade below the 1,749.52 level on July 23,” said AllianceDBS Research.

Based on corporate announcements and news flow, companies that may be in focus on Monday (July 23) include the following: Gamuda Bhd, Iskandar Waterfront City Bhd, BIMB Holdings Bhd, Salcon Bhd, Cabnet Holdings Bhd, Sunway Construction Group Bhd, Sunway Real Estate Investment Trust and Media Chinese International Ltd.

 
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10227 on: July 23, 2018, 06:09:37 AM »
KUALA LUMPUR: Foreign outflows in the local equities market remain contained and have been gradually dissipating, according to analysts and market observers.

MIDF Amanah Investment Bank Bhd’s analyst Adam Mohamed Rahim said net foreign selling range remained well below RM200 million from the week starting July 2 until July 13, except for July 6 which saw a high net outflow of RM393.6 million, attributable to the US tariffs imposition on Chinese imports which came into effect.

For the week just-ended excluding Friday, foreign selling was below RM100 million net except on Wednesday when the local market saw a net inflow of RM71.7 million.

Hence, the total net foreign selling for the week excluding Friday stood at RM182.5 million compared with RM531.8 million net registered in the previous week, he noted.

“Moving forward, we expect foreign outflows to remain measurable barring any unforeseen circumstances and eventually foreign investors may slowly return to the Malaysian market,” he said.

For the past 10 trading days, Bursa Malaysia was on the uptrend but had succumbed to profit-taking on Friday.

Adam observed that the bulk of the support came from local institutional funds, which snapped up local stocks for seven out of nine days during the Bursa Malaysia rally recently.

“The net amount accumulated by institutional funds during that nine-day period was RM636.9 million while foreign investors were net sellers to the tune of RM714.3 million,” he pointed out.

He noted that foreign investors had so far pulled out RM10.8 billion net since Malaysia’s 14th General Election which saw a new government taking over power, while the week with the highest net foreign selling was the week ended May 18, which saw an outflow of RM2.5 billion.

However, Adam said in comparison to three other ASEAN markets, namely Thailand, the Philippines and Indonesia, it was noteworthy that Malaysia had the second lowest outflow after the Philippines, with a year-to-date as at July 19, 2018 amounting to US$2.06 billion or RM8.24 billion.

Thailand saw the biggest outflow of US$6.19 billion, he added.

Adam said foreign outflows in the region continued to be contributed mainly by the external front with the US-China trade war concerns being the main culprit, sending global equities into a chaotic state.

Apart from that, the issue of Brexit and ties between the US and North Korea relating to the complete denuclearisation of the Korean Peninsula, as well as the trend of monetary policies around the globe, had also contributed to the market uncertainties.

Echoing the same sentiment, Inter-Pacific Securities Sdn Bhd’s head of Research Pong Teng Siew said he saw the severity of the outflow easing off.

Comparing to what had happened during the 2013 financial crisis which saw foreign outflow from the local equities amounting to about RM11.8 billion, he said the current level of outflow is almost equal.

“The outflow is starting to slow down and I’m not surprised if it will stop soon,” he said.

Meanwhile, Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said Malaysian equities were quite attractive from a valuation standpoint, and with the ringgit obviously undervalued.

“Hence, there is always a reason for foreign investors to come into the local bourse.

“The only concern is on the earnings prospects amid uncertainty from external developments, namely the trade tensions, as well as the potential rate hikes in the US,” he said.

On the ringgit performance, MIDF Amanah Investment Bank’s chief economist Dr Kamaruddin Mohd Nor said the local unit had slightly weakened and broke the 4.05 psychological level, pressured by persistent strength in the US dollar.

He said hawkish comment by the Federal Reserve (Fed) chairman Jerome Powell on the pace of US interest rates hike had given a boost to the greenback this week.

The release of US jobless data on Thursday was also positive for the US dollar and backed the Fed’s future move to gradually hike US interest rates twice for the remainder of this year.

“The dollar index was up by 0.4 per cent this week and 3.3 per cent thus far this year,” said Kamaruddin, adding that this had continued to pressure the ringgit which had weakened by 0.27 per cent against the greenback year-to-date.

Meanwhile, Hermana Capital Bhd’s chief executive officer and chief investment officer Datuk Dr Nazri Khan Adam Khan said the local unit was expected to hover at the 4.05 level versus the US dollar.

“Even though the ringgit is expected to depreciate further against the US dollar, pressured by sentiment brought by the Fed’s US interest rate hike, the local unit would remain resilient supported by foreign inflow,” he added. — Bernama
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10228 on: July 23, 2018, 06:21:56 AM »
马股在大选后经历一段波动走势后,终于迎来一轮较长的涨势。综指在过去10个交易日内,有9天上涨,惟分析员预计,综指料在1760点遇阻力后回调。

综指在大选后至6月28日期间,最大跌幅达10.2%,一度触及1657.78点,触及去年2月以来新低。过后上演一轮上涨走势,至上周四最高录得1764.15点,涨幅6.4%。

综指在上周收报1754.67点,跌4.57点或0.26%;按周上涨32.74点或1.9%。

资深股票经纪卢文豪指出,马股经历涨势后,在来周可能出现调整走势,预计在1760点遇到阻力,扶持线在1700点。

虽然有市场业者认为,马股在来周可能面对调整走势,但新政府提高透明度的政策,让我国股市乃至整个资本市场在中长期展望呈正面。

Areca资本总执行长黄德明指出,近期的走势全归咎于外围因素,因此在我国良好的基本面下,仍看好我国股市在未来1至2年的走势。

若没贸易战早创新高

他直言,若没有如贸易战等国外因素冲击,马股很可能已经涨至历史新高,由此建议投资者,应该在这良好投资时机,以中长期角度来投资马股。

黄德明也举例,印尼在政治改革后,股市和经济表现都改善,因此看好我国在新政府执政后的马股走势,外来直接投资(FDI)有望提升。



留意被低估银行股

在领域和个股方面,黄德明看好我国银行前景,建议投资者留意目前被低估,并拥有良好基本面的金融企业。

Areca资本目前管理超过7亿令吉投资组合,黄德明透露,在大选后调整了投资策略,包括减持建筑领域,转为增持抗跌领域,如消费股、银行股、科技股和旅游相关股。

黄德明也看好拥有表现良好的购物中心资产的产托公司,可趁下次股市波动,再趁低吸纳。

另外,政府提出销售服务税(SST)初步内容后,卢文豪认为,税收范围不比消费税大,但市场需要一段时间的观察,直到最终税收方案出炉。

大马城消息须谨慎

黄德明则提到,政府的税制利好我国财政表现,相信我国能够在新税制下,确保赤字低于3%。

对于近期市场内流传,如大马城等产业项目和相关大型工程的各种消息,卢文豪劝告投资者必须小心谨慎,需证实相关言论是否符合逻辑。

财政部特别事务官潘俭伟上周透露,政府还未收到有关大马城发展项目的重新竞标申请,引发市场揣测依海城(IWCITY,1589,主板产业股)仍存希望,股价由此上涨。

本周利好

●新政府透明作风

本周利淡

●美中贸易战

●国内政策还未明朗化

注意事项

●7月23日(周一):美国6月成品房销售数据

●7月24日(周二):德国和欧盟7月制造业PMI

●7月25日(周三):美国原油库存和6月新屋销售数据

●7月26日(周四):欧盟利率决议与欧央行记者会

●7月27日(周五):美国次季GDP表现
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10229 on: July 23, 2018, 06:23:09 AM »
(吉隆坡22日訊)由于消費者情緒大為樂觀,經濟學家認為,在市場需求強勁的支撐下,本地投資者將是推動馬股本週上漲的主要動力;其中預計以消費股表現最好。



大馬經濟研究院(MIER)上週公佈國內次季經濟報告指出,在政壇改朝換代后,人民對于市場未來前景的樂觀情緒衝上頂點,扶持消費意願指數(CSI)近四年來首次衝破百點大關,上探132.9點,也是21年新高水平。

大馬伊斯蘭銀行(Bank Islam Malaysia)總經濟學家莫哈末阿查尼占指出,在6月至8月份期間預計通脹率將保持低位的情況下,消費支出料將保持動力。

另一方面,歐盟上週四(19日)指出,如果美國對歐洲進口產品徵收關稅,它將採取報復措施。莫哈末阿查尼占指出,貿易戰範圍已經擴大,潛在威脅仍然不可估量,因此市場將繼續保持謹慎。

另一項更直接影響全球股市的重要事件則非美聯儲8月1日的議息會議莫屬。莫哈末阿查尼占說:“我們認為美國將維持利率在目前水平,這可能對全球股市有利。”

富馬隆綜指上週五(20日)在美中貿易戰火的影響下,終結連續9天漲勢,尾隨區域股市收跌4.57點,掛1754.67點;按週比較則揚32.74點。
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10230 on: July 23, 2018, 06:23:43 AM »
雖然美中貿易戰升溫、令吉貶值以及國際原油價格走低,但是馬股上週仍然以揚升的姿態結束一週交易。展望本週,貿易戰依然是市場最大隱憂,但在政府政策逐漸明朗化下,市場人士相信,馬股本週有望維持正面上升趨勢。

按週比較,富時大馬綜合指數從前週五(13日)的1721.93點,上漲32.74點或1.90%,至1754.67點。

全周成交量從前週的120億4015萬股,增加11.24%,至133億9379萬股;成交值則從116億5549萬令吉,微升1.82%,至118億6718萬令吉。

我國財政部長林冠英上週五接受《彭博社》專訪時指出,我國今年經濟成長料將放緩至5%。

這是因為我國依賴出口,預計將受到美中貿易戰連鎖反應的衝擊。

林冠英對經濟成長的預測比大部份經濟學家悲觀,同時也顯著低于國家銀行預測的5.5%至6%成長。

此外,ARECA資本首席執行員黃德明接受《東方投資》詢問時表示,外圍因素仍是影響綜指走勢的主因,但排除這些不利因素,國內政治政策逐漸明朗化,料將帶動消費者情緒轉好,從而提振國內經濟增長,可激勵外資回流。

「雖然綜指走勢短期依然面臨外圍因素的衝擊,但中長期料在政府政策明朗化的情況下,逐漸回升。」

整體趨勢偏正面

另一方面,資深抽佣經紀何國杰和JF艾畢斯證券技術分析員李成偉皆認為,綜指在連續多個交易日走高后,于上週五收跌,相信是因為套利活動所致。

何國杰指出,綜指的上一個低點是7月9日盤中觸及1662.58點,但在上週四一度升抵1764.15點,2周內的變動超過100點。有鑒于此,他相信,本週綜指將陷入橫擺格局。

而大馬作為石油淨出口國,只要油價持穩在每桶70美元,料我國的市況將不會變得太差。他稱,「在股市重新上漲之前,相信市場需要先喘一口氣。」

技術面而言,李成偉也認為,綜指本週將會橫擺。

他說,隨著綜指連漲多日,下跌行情似乎已經結束,整體趨勢已經偏向正面。

「本週馬股預計將會開始盤整,不過整體行情是偏向正面。」

投資建議方面,黃德明指出,由於目前股市受外圍市場波動影響,投資者可以考慮基本面良好、而且較為穩定的銀行股,以及擁有高派息政策的股項。

另外,基于近期油價呈上漲趨勢、消費者情緒高昂以及通脹率趨低,何國杰認為,可以關注油氣股及消費股。

何國杰則將馬股的扶持水平設在1750點和1740點,而上週四盤中最高1764點將是短期阻力,下一道阻力則是1790點。李成偉則將扶持水平設在1700點,而阻力水平為1800點。
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10231 on: July 23, 2018, 07:33:24 AM »
SAN FRANCISCO: Tariffs are starting to bite big manufacturers and Wall Street could get another bout of caution and uncertainty from major industrial companies when a swath of reports comes in over the next week.

Investors are worried about the impact on earnings should the United States' trade war with China and other major trading partners escalate. Deutsche Bank in June estimated that an escalation of the dispute to include $200 billion of imports would hit earnings growth by 1-1.5 percent.

"If today's political rhetoric intensifies and translates into actual protectionist policies, it will be a negative for all businesses in the U.S. and abroad, including ours," Hamid Moghadam, chief executive of supply chain management company Prologis, warned on a conference call on Tuesday.

Manufacturers across the country are concerned about Washington's recent trade policies, with some saying that uncertainty related to tariffs was already hitting them, according to anecdotes collected by the U.S. Federal Reserve in its Beige Book, released on Wednesday.

That is starting to show up in early reports by companies. Earnings from Honeywell International <HON.N>, General Electric <GE.N> and Stanley Black & Decker <SWK.N> show companies facing higher costs due to already enacted tariffs, and uncertainty about tariffs on as much as $500 billion in Chinese goods threatened by Trump.

GE said it expects tariffs on its imports from China to raise its costs by up to $400 million and Alcoa <AA.N> said the tariffs led to an extra $15 million in costs.

Second-quarter corporate earnings seasons kicks into gear starting on Monday, with results on tap from companies including Corning <GLW.N>, Ford Motor <F.N>, 3M Co <MMM.N> and Boeing <BA.N>, which has fallen nearly 2 percent since the start of March.

The United States in March said it would impose tariffs on steel and aluminum, and on July 1, Washington and Beijing applied tariffs on $34 billion worth of each other's goods. Trump has threatened additional tariffs, possibly targeting more than $500 billion worth of Chinese goods - roughly the total amount of U.S. imports from China last year.

Since March 1, S&P 500 industrials <.SPLRCI> have fallen nearly 3 percent, reflecting the sector’s dependence on international commerce. The S&P 1500 steel index <.SPCOMSTEEL> has lost 1 percent since March 1, as investors worry that a slowdown in global demand could offset U.S. steelmakers’ benefits from tariffs against their foreign competitors.

Many of the roughly 180 S&P 500 companies reporting their results next week are not directly exposed to China, but they may still have reasons for concern.

"There are companies that might not be significantly impacted by tariffs from a cost perspective, but from the uncertainty around it," said Kurt Brunner, a portfolio manager at Swarthmore Group in Philadelphia, Pennsylvania. "They could see customers holding off on spending because they don't know what is going to happen."

Harley-Davidson <HOG.N>, which said last month it would move some of its motorcycle production abroad as a result of the European Union's retaliatory tariffs, reports its results on Tuesday.

Qualcomm, reporting on July 25, depends on China for two thirds of its revenue. The U.S. chipmaker is also facing a drawn-out wait for Chinese regulators to approve its $44 billion takeover of NXP Semiconductors <NXPI.O>, a delay widely seen as connected to the trade conflict.

A strong U.S. economy and deep corporate tax cuts have fueled a 5 percent increase in the S&P 500 this year, even as Wall Street worries about the tariffs' impact.

Super-charged by deep corporate tax cuts, S&P 500 earnings are expected by analysts to grow 22 percent in the June quarter and 23.1 percent in the September quarter, according to Thomson Reuters I/B/E/S. Estimates for the September quarter are likely to change as companies provide their outlooks over the next few weeks.

"The market is looking through Trump's trade negotiations and governing style because of this strength. However, we are more cautious on the trade overhang and think headline risk, both to the upside and downside, will remain high," EventShare Chief Investment Officer Ben Phillips wrote in report on Thursday. - Reuters
   
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10232 on: July 23, 2018, 07:48:29 AM »
Risk assets and oil prices may be hit, taking down currencies of commodity producing countries, especially the Russian ruble, Colombian peso and ringgit, according to Bloomberg.
Risk assets and oil prices may be hit, taking down currencies of commodity producing countries, especially the Russian ruble, Colombian peso and ringgit, according to Bloomberg.

MARKETS seem bolder these days, but investors are alert to a potential currency war.

With President Donald Trump lamenting the strength of the dollar and the yuan plunging to 6.80 per dollar for the first time in a year, market players are watching for any potential impact on financial markets.

Risk assets and oil prices may be hit, taking down currencies of commodity producing countries, especially the Russian ruble, Colombian peso and ringgit, according to Bloomberg.

The rest of Asia could come under pressure although central banks may initially try to intervene to stem currency weakness.

Two key events will be closely watched: whether China will attempt to stabilise the yuan at current levels, and whether the Fed will heed Trump’s complaint on its rate hike path.

US Treasury Secretary Steven Mnuchin said Trump’s comments on the dollar and the Fed’s rate hikes were not aimed “in any way, to put pressure on the Fed” to keep low rates.

The dollar had dipped after Trump’s comments; it is still 5% higher than the time when steel and aluminium tariffs were imposed.

“It is more of how a country defends outflows. China is within its rights to defend its currency less aggressively, which may not sit well with Trump, in the short term.

“In the medium term, US rate hikes will likely stop, leading to improved sentiment in emerging markets (EMs) and stronger Asian currencies,” said Hor Kwok Wai, chief operating officer, Hong Leong Bank.

The Fed is regarded to be independent; any slowdown in its raising of rates, at this juncture, may be too late.

“The damage is already done. The raging dollar will likely come to a halt late in the year when inflationary pressures are being felt and higher rates needed.

“A steep slowdown may then occur,” said Pong Teng Siew, head of research, Inter-Pacific Securities.

US tax cuts that boost spending and imposition of tariffs are, among factors, causing inflation that needs to be curbed via higher rates, which leads to a strong (and less competitive) dollar and higher borrowing costs (affecting high US debt levels).

Tariff impact that is seen to be denting growth may stall the Fed’s rate hike path. Trump believes he has ammunition, with stockmarket gains since his election (the S&P500 is up 31%), to wage a trade war.

So will that trade war drag on?

“That the US economic expansion remains intact will provide the leeway for the Fed to continue with its rate hikes.

“It may have to slow down the pace of rate hikes if the trade war worsens, but inflation watch remains a priority,” said Lee Heng Guie, executive director, Socio Economic Research Centre.

Minimal impact, so far, from the trade war may have emboldened US markets but Asian markets may still have to be mindful.

“Asian markets should not be under the illusion that it can be business as usual. Outflows from EMs related to the Fed rate hikes is temporary; outflows that may occur from a supply chain pivot away from China, and by implication, South East Asia, may be far more serious, eventually,” said Pong.

In view of US tariffs affecting imports from China, supply chains from Asia that are currently involved in the export of parts and components to China, may need to be overhauled for a re-routing to other destinations.

“Not many countries can take up where China has left off. It does not look like India will be able to take up this challenge in the foreseeable future.

“There will be a lot of upheaval; most of the affected companies are in the technology sector,” said Pong.

“If the trade war worsens, there could be supply chain adjustments in our electrical components sector. Bursa Malaysia looks more optimistic now; we are starting to see some support from local funds,” said Ching Weng Jin, head of research, Public Investment Bank.

Last year, net inflows amounted to RM10.8bil; year-to-date, outflows have hit RM8bil.

Internally, investors are awaiting concrete growth initiatives, which may be announced in the October mid-term review of the 11th Malaysia Plan.

On the trade war front, the tone may have improved as “China’s response to US trade threats is not as abrasive as before,” said Ching.

Second quarter earnings will be the key driver for Bursa Malaysia in the short term.

“Decent US economic data still suggests healthy growth where Asia may ultimately benefit. Investors are still assessing the impact of the trade war on earnings,” said Danny Wong, CEO, Areca Capital.

Economic slowdown and withdrawal of global liquidity are also of concern, said Vincent Khoo, head of research, UOB Kay Hian.

Columnist Yap Leng Kuen cautions against policymakers with insufficient knowledge of economics.
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10233 on: July 23, 2018, 08:00:22 AM »
PETALING JAYA: Top sugar refiner, MSM Malaysia Holdings Bhd , plans to enter new markets and venture into the downstream business this year amid the tough environment in the domestic sugar market.

The commissioning of its sugar-refining plant in Tanjung Langsat, Johor this month would pave the way for the sugar refiner to penetrate the African and Chinese markets.

It is also eyeing selective markets for higher margins.

MSM executive director Datuk Khairil Anuar Aziz told StarBiz that establishing the company’s presence in these countries was essential in view of the quality refined sugar produced by its Johor refinery.

“The new sugar refinery will have an initial capacity of 300,000 tonnes. The capacity growth will increase margins and revenue via our foreign market expansion and downstream venture.

“The refinery is potentially a game changer in the local sugar industry.

“It has the capability to reduce production cost upon reaching operational stability by 2020 and it will enhance MSM’s competitiveness in regional markets,” he added.

By 2020, the plant would have a full capacity of one million tonnes per year, he said.

At present, MSM’s production capacity is up to 1.25 million tonnes of refined sugar per annum from its two refineries – MSM Prai and MSM Perlis.

MSM, a subsidiary of FGV Holdings Bhd, and Central Sugars Refinery Sdn Bhd, a unit of Tradewinds (M) Bhd, are the two major players dominating the domestic sugar market, with MSM commanding a 58% market share.

Profit margins of sugar refiners have been affected by intense competition from sugar importers with approved permits and sugar smuggling activities.

On exports, Khairil said it would be done directly or via a synergistic venture with a local partner the countries concerned.

Besides Africa and China, he said it would also expand into selective markets in the Asia-Pacific, South-East Asia, the Oceania region and Indonesia.

The company exports to more than 20 countries.

On the downstream business, he said this would be in relation to sugar-based blending businesses to cater to the condensed milk and chocolate makers, as well as the confectionery and F&B businesses.

This would be fuelled by the growing demand for sugar from the burgeoning middle-class in the Asian region.

Commenting on the importation of sugar and illicit smuggling of sugar into the country, Khairil said MSM lauded the government’s efforts to abolish refined sugar import permits. He said the smuggling of sugar from neighbouring countries had affected the company’s business.

Meanwhile, Affin Hwang Capital, which is maintaining its “hold” call on MSM, said the company did not expect the Pakatan Harapan government’s review of monopolies to affect the company, as it was eyeing the foreign markets to reduce its reliance on domestic sales.

However, the research house remained cautious on the export markets due to intense competition and lower margins compared with the domestic market.

For the first quarter ended March 31, MSM made a turnaround and posted a net profit of RM15.8mil against a net loss of RM34.6mil a year ago due to lower raw sugar costs.

Analysts were bullish on MSM’s earnings for financial year 2018 (FY18), attributing this to the near three-year low of raw sugar prices in view of a glut in the commodity.

Khairil expected a profitable year for FY18 as the market looked promising due to a global sugar surplus which led to a dip in global raw sugar prices.

As for the industrial segment, he said the demand for sugar has been volatile because of the approved import permits and smuggling of sugar into the country.

Nevertheless, he said MSM would continue to focus on operational excellence via rationalisation across the value chain to ensure a profitable and sustainable performance in FY18.
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10234 on: July 23, 2018, 08:00:53 AM »
KUALA LUMPUR: The ringgit, which has been on the downtrend against the greenback lately as a result of solid US economic growth, is expected to stabilise and become stronger by year-end.

Affin Hwang Capital chief economist Alan Tan said the ringgit was expected to appreciate to RM3.80 against the US dollar given the country’s strong economic fundamentals and trading activities.

“We think the economic fundamentals will support the ringgit towards the end of 2018.

“While we think the currency will remain volatile in the short term, it will strengthen in the fourth quarter and rise towards the 3.80 level by end of this year,” he told reporters after a Business Outlook Post-GE14 forum organised by the Malaysia-China Chamber of Commerce here on Saturday.

Tan said Bank Negara’s measures to stabilise the ringgit such as the conversion of 75% of export proceeds held in a foreign currency into the local unit would also help boost the value of the currency as well as monetary inflows into the country.

“The economic fundamentals as well as Bank Negara’s requirement, as announced in December 2016, for exporters to convert their proceeds, will create demand and support for the ringgit,” he pointed out.

Last Friday, the ringgit ended higher against the US dollar on renewed buying interest.

The ringgit stood at 4.0600/0630 against the US dollar from 4.0620/0650 on Thursday.

Asked about the China-US trade dispute, Tan expressed confidence that it would not escalate into a global trade war.

“At the moment, our assumption is it will not escalate into a global trade war.

“We think it is highly likely that there will be a compromise between the United States and China,” he added. — Bernama

   
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10235 on: July 23, 2018, 08:05:40 AM »
 PETALING JAYA: Global coal prices, which have been on a steady rise, hit a six-year high early this month, increasingly putting pressure on the power generation industry in the country.

Coal plays a large role in Malaysia’s energy scheme and is fully imported. Some 63%, is imported from Indonesia, with another 24% coming from Australia and the remainder from nations as far away as Russia (11%) and South Africa (2%).

Penisular Malaysia’s power generation is highly dependent on fossil fuel with 53% coal, 42% natural gas and 5% hydro, together with other forms of renewable energy (RE).

Australian thermal coal prices have broken through US$120 per tonne for the first time since 2012, driven by strong consumptions in Asia. Spot prices for thermal coal from Australia’s Newcastle last closed at US$119.30 per tonne, the highest level since October 2011.

Similarly, Indonesia’s Ministry of Energy and Mineral Resources set its July thermal coal reference price at a six-year high of US$104.65 per tonne, recording a rise of 8.3% month-on-month and 32.6% from a year ago.

For the first quarter ended March 31, Tenaga Nasional Bhd ’s (TNB) average coal price stood at US$92.1 per tonne. The utility giant consumed 7.1 million tonnes of coal during the quarter to generate electricity.

In addition, global natural gas prices are increasing for the first time in two years as demand jumps in Asia, Europe and the United States.

The escalating cost of electricity generation has to be adjusted in the form of imbalanced cost pass through (ICPT) rate.

In Peninsular Malaysia, electricity tariff is determined by the Government through a globally-accepted framework called Incentive Based Regulation (IBR).

The IBR provides a mechanism called ICPT which allows adjustment of fuel prices for electricity sector every six months. Changes in prices of fuel for electricity generation are reflected as a varying rate of a rebate or surcharge.

In a recent announcement, the Energy Commission said the implementation of the ICPT would continue for the period between July 1 and Dec 31, 2018 at an average base tariff rate of 39.45 sen per kWh.

It explained that due to the higher fuel and generation costs for the period of Jan 1 to June 30, 2018, 1.35 sen per kWh ICPT surcharge has to be imposed on non-residential customers.

ICPT started with its first regulatory period (RP) starting from January 2015 to December 2017. It was succeeded by the second regulatory period (RP2), commencing this year to 2020.

In the first RP, part of the escalation in fuel cost was cushioned by the Electricity Industry Fund (EIF) or more commonly known as Kumpulan Wang Industri Elektrik. The fund originated mainly from savings gained from power purchase agreement renegotiation.

For the July-Dec 2018 period, a surcharge was announced by the EC, the first time since IBR was introduced. The surcharge is applicable to commercial and industrial users as the Government is spending RM114mil of EIF’s existing RM760mil so that 81.7% of electricity users (residential customers) do not need to pay the electricity surcharge.

The usage of this fund is to partly offset higher global coal prices and the impact of exchange rate volatility which have amplified the increase of coal prices for the energy sector. In the first RP, RM6.3bil in rebate has been passed through to customers.

Analysts said while the impact of ICPT mechanism is neutral on TNB, the imposition of surcharge for the first time after seven cycle of rebates reflects ICPT rebates is unsustainable when coal and gas prices continue to escalate.

With both fuels imported, a weak ringgit versus the US dollar will only exacerbate matters. As such, commercial and industrial should take measures to cushion the effect of surcharge through various measures such as energy efficient practice, energy monitoring products, energy audit and power factor solution.

Energy Watch Malaysia via energywatch.com.my gave an example that through power factor solution (power factor is a measure of how effectively incoming power is used in your electrical system), users can save up by 20%.

“In a 2013 case study, an upfront investment of just RM15,000 for power factor solution for a 12-storey office building has unlocked savings of RM300,000 per annum,” said the portal.

   
Namotasapakawatoarahatosamasamputasa

Online DR KIM

  • Prince
  • **********
  • Posts: 43,352
Re: MARKET GETTING SOLID ROCK $$$$$
« Reply #10236 on: July 23, 2018, 11:57:04 AM »
MARKET ON HOT MODE AGAIN....

.MORE TO COME  :cash: :cash: :clap: :thumbsup:

Huarttt. Arrrrr :thumbsup:. :cash: :cash:

Online ahbah

  • Duke
  • *********
  • Posts: 30,226
  • You got like my 2 best friends ?
Re: KLSE starting to collapse
« Reply #10237 on: July 23, 2018, 11:58:56 AM »
The hungry bear may come out anytime , looking for Musang King !   :D :D :D

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10238 on: July 23, 2018, 12:08:01 PM »
The hungry bear may come out anytime , looking for Musang King !   :D :D :D

Todya will be red day
Namotasapakawatoarahatosamasamputasa

Offline jjwong

  • Companion of Honour
  • ***
  • Posts: 664
Re: KLSE starting to collapse
« Reply #10239 on: July 23, 2018, 01:30:37 PM »
MALAYSIA has too POLITICALLY EMBEDED Corruption.
company that was given the job, no tender.
than he "resell" to another contractor.
and pocket 10% profit
is it better for the finance of country if the REAL project doer get the job and finish it?
why keep on cheating the rakyat like this?
so it is true, trhe corrupt rich get richer by embeded political corruption
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

Offline jjwong

  • Companion of Honour
  • ***
  • Posts: 664
Re: KLSE starting to collapse
« Reply #10240 on: July 23, 2018, 01:31:32 PM »
MALAYSIA has too POLITICALLY EMBEDED Corruption.
company that was given the job, no tender.
than he "resell" to another contractor.
and pocket 10% profit
is it better for the finance of country if the REAL project doer get the job and finish it?
why keep on cheating the rakyat like this?
so it is true, trhe corrupt rich get richer by embeded political corruption

GFM Services Bhd has entered into a share sale agreement with Kumpulan Parabena Sdn Bhd to acquire a 100.0% stake in concession holder, KP Mukah Development Sdn Bhd (KP Mukah) for RM130.0 mln. KP Mukah holds a concession, awarded by the Malaysian government and Universiti Teknologi Mara, which entails the design, build and construction of UiTM Mukah campus in Sarawak and the delivery of facilities management services. The concession period is for 23 years from September 2012 until September 2035.
The acquisition will boost GFM orderbook to about RM1.50 bln, generating a new stream of stable cash flow that ensures long-term earnings visibility. The acquisition will be funded by a combination of internal funds, equity financing and borrowings. (The Star Online)

29/01/2018 12:30
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

Online ahbah

  • Duke
  • *********
  • Posts: 30,226
  • You got like my 2 best friends ?
Re: KLSE starting to collapse
« Reply #10241 on: July 23, 2018, 03:14:33 PM »
KUALA LUMPUR (July 23): The Statistics Department has cautioned that Malaysia’s economy is expected to grow slower in the next four to six months, between September and November.

This follows an earlier comment by Finance Minister Lim Guan Eng, who on Friday (July 20) had said Malaysia’s economy will slow to 5% in 2018, from an earlier projection of between 5.5% and 6%, as the nation readies itself in the brewing trade spat between US and China.

“The economy is anticipated to expand at a slower rate between September to November 2018, based on the performance of Leading Index (LI),” Chief Statistician of Malaysia, Datuk Seri Dr. Mohd Uzir Mahidin, said in a statement today.

Online ahbah

  • Duke
  • *********
  • Posts: 30,226
  • You got like my 2 best friends ?
Re: KLSE starting to collapse
« Reply #10242 on: July 23, 2018, 04:07:41 PM »
‘Definitely a realistic possibility’ Trump will impose tariffs on all $500 billion worth of Chinese imports, says Mnuchin

Online DR KIM

  • Prince
  • **********
  • Posts: 43,352
HOT BULL MARKET - IPO NOW CHAMPION !
« Reply #10243 on: July 23, 2018, 04:45:48 PM »
Beware  Tomorow  24 July  , 2018  Radiant ACE  IPO  >> to be limit up RM 1.15 

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: HOT BULL MARKET - IPO NOW CHAMPION !
« Reply #10244 on: July 24, 2018, 11:11:16 AM »
Beware  Tomorow  24 July  , 2018  Radiant ACE  IPO  >> to be limit up RM 1.15

 :D :D
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: HOT BULL MARKET - IPO NOW CHAMPION !
« Reply #10245 on: July 24, 2018, 11:15:27 AM »
Beware  Tomorow  24 July  , 2018  Radiant ACE  IPO  >> to be limit up RM 1.15
All die straight straight  :P
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10246 on: July 24, 2018, 02:18:11 PM »
(吉隆坡24日讯)亚洲股市普遍走高,加上综指成分蓝筹股上扬,推高马股早盘休市小涨0.29%。

截至中午12点30分,富时隆综指升5.24点,至1763.20点。

上升股366只,下跌股258只,另有607只无起落。成交量20.5亿股,值13.5亿令吉。

上升股包括ViTrox Corp Bhd、PPB Group Bhd、CN Asia Corp Bhd、Radiant Globaltech Bhd、Hong Leong Bank Bhd、Petron Malaysia Refining & Marketing Bhd、Petronas Dagangan Bhd、Hengyuan Refining Company Bhd与Petronas Gas Bhd。

热门股有Trive Property Group Bhd、Radiant Globaltech、Malaysian Resources Corp Bhd、My E.G. Services Bhd、Cuscapi Bhd、Iskandar Waterfront City Bhd及George Kent (M) Bhd。

下跌股为Heineken Malaysia Bhd、Malaysian Pacific Industries Bhd、United Plantations Bhd、Hong Leong Industries Bhd和Chin Teck Plantations Bhd。

根据彭博社报导,亚洲股市周二攀升,因收益率上升推动金融股上涨。人民币兑美元大跌至约一年新低,因进一步迹象显示中国转向货币扩张。

东京、悉尼、香港及中国股市报捷。金融股是MSCI明晟亚太地区指数的大赢家。

艾芬黄氏投资银行研究预测,马股近期应该会向横摆,并稍微偏行向上。
Namotasapakawatoarahatosamasamputasa

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10247 on: July 24, 2018, 02:19:17 PM »
KUALA LUMPUR (July 24): theedgemarkets.com highlighted eleven stocks with momentum, with three stocks having a positive momentum, and eight stocks with negative momentum at Bursa Malaysia’s afternoon market close today.

The stocks with positive momentum were:

Gas Malaysia Bhd - unchanged at RM2.95

Salutica Bhd - up 2 sen to 58 

Country Heights Holdings Bhd - up 6 sen at RM1.56

The stocks with negative momentum were:

Johore Tin Bhd - up three sen at RM1.06

Asian Pac Holdings bhd - up 0.5 sen at 16 sen

Vitrox Corp Bhd - up 55 sen at RM6.34,

Econpile Holdings Bhd - up 4 sen at 91 sen

Alam Maritim Resources Bhd - up 0.5 sen at 15 sen

Signature International Bhd - up one sen at 58 sen

IQ Group Holdings Bhd - up 12 sen at RM1.50

Elsoft Research Bhd - up 3 sen at RM2.73

The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum.

This list is not a buy or sell recommendation. It merely tells you which stocks are seeing higher than normal volume and price movements.

The share price may move up or down from this point. But the “+ve” (suggesting a rising price trend on volume) and “-ve” (suggesting a falling price trend on volume) indicators should give readers a better idea of what the market is buying and when to sell. Note also that momentum generally only persists for a short period of time.

However, each stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks, if they want to ride the momentum.
Namotasapakawatoarahatosamasamputasa

Online ahbah

  • Duke
  • *********
  • Posts: 30,226
  • You got like my 2 best friends ?
Re: KLSE starting to collapse
« Reply #10248 on: July 24, 2018, 10:59:51 PM »
PETALING JAYA: Malaysia’s net inflows of foreign direct investment (FDI) fell 12.8% to RM41 billion in 2017 from RM47 billion in 2016, according to the Department of Statistics.

Online ORIENT

  • Marquess
  • ********
  • Posts: 20,359
  • SKRE
Re: KLSE starting to collapse
« Reply #10249 on: July 25, 2018, 08:00:46 AM »
KUALA LUMPUR (July 24): Malaysia’s historic election that saw a change of government in over 60 years is a unique window of opportunity to deepen reforms and ensure economic growth benefits everyone, says World Bank Group Macroeconomics and Fiscal Management Global Practice Lead Economist, Richard Record.

Describing Malaysia as a remarkable country by many metrics, he said what was apparent was there was a large disconnect between what the numbers showed and how people felt.

An intensely fought campaign saw the cost of living issues featured prominently, as well as a debate on whether economic growth was really being translated into gains that improve the lives of Malaysians, he said.

“What we find is that, while average growth might be robust, there is a growing disparity between Malaysians working in services versus manufacturing. Wages in the manufacturing sector, which is mostly export-oriented, are growing at four times as in services,” he said in an article entitled, "Why it’s important to look beyond averages when it comes to Malaysia’s development,” released today.

Similarly, while average inflation might be low, food and housing costs have been rising at a much faster pace for several years, even more so in urban areas, where they are now a third higher than in 2010.

Low-income households spend much more of their income on food and housing, and in fact, the poorest 10 per cent of Malaysians spend two-thirds of their income on these two items, which has seen the greatest cost build-up, explained Record, who is based in Kuala Lumpur.

“Coupled with stagnant wage growth for those outside manufacturing, it then becomes clearer why many Malaysians feel that growth isn’t benefiting them.

“Ensuring that people have greater opportunities to improve their lives and access to social safety nets to help protect them from shocks are essential to inclusive growth,” he pointed out.

Record, however, said priorities must be given, among others,  to raise productivity level, strengthen social assistance for low-income households and facilitate the achievement of inclusive growth, through policies that level the playing field in access to services and economic opportunities, including measures to increase women’s labour force participation.         Indeed, as the country moves closer towards achieving high-income country status, it was important to be aware of the broader aspects of development that are not captured by Gross Domestic Product growth such as in health, education and environmental sustainability.

He acknowledged that navigating this change won’t be easy.

“But, the country now has an opportunity to become known as a nation that is remarkable for not just achieving high rates of economic growth, but for sustainable and inclusive growth that truly benefits all Malaysians,” he added.
Namotasapakawatoarahatosamasamputasa