- Malaysian share prices opened higher today track global equities' rise and crude oil's 10% gain in anticipation of later-than-expected US interest rate hikes and that China's rate cut will support the major economy.
The FTSE Bursa Malaysia Kuala Lumpur Composite rose 21.33 points or 1.35% to 1,609.04.
- The ringgit's strength correlates with prices of crude oil, which forms a crucial portion of the Malaysian economy and government revenue.
The ringgit strengthened to 4.23 against the US dollar and compared to the Singapore dollar, the ringgit changed hands at 3.02.
- Foreign selling of Malaysian equities eased on Thursday with net selling dwindling to a low of –RM9mil on Thursday as the FBM KLCI on its third day of gains.
- Malayan Banking Bhd (Maybank), which only managed a marginal 0.6% growth in net profit for the second quarter ended June 30, 2015, has revised its headline key performance indicators for financial year 2015 (FY15) in line with what it sees is a challenging economic outlook.
- DRB-Hicom Bhd saw a net loss of RM19.72 million for the first quarter ended June 30, 2015 compared with a net profit of RM107.84 million a year ago, mainly due to lower sales of motor vehicles by the automotive companies following initial impact post the Goods and Services Tax implementation.
- Sunway Bhd up 30% growth on its net profit for its second financial quarter ended June 30, 2015 (2QFY15) to RM237.91 million or 13.54 sen a share, from RM182.53 million or 10.59 sen a share.
- Education group SMRT Holdings Bhd recorded a net loss of RM2.33 million for the second quarter ended June 30, 2015 from a net profit of RM2.65 million a year ago, mainly due to a RM1.4 million share of loss from associate, higher finance costs as a result of acquisition and lower revenue generated from the technology segment.
KLSE, Bursa Malaysia picks analysis, shares research and Daily Updates.
Friday, 28 August 2015
Malaysia News Highlights : 28th August 15
Thursday, 27 August 2015
Malaysia News Highlights : 27th August 15
- Malaysian share prices opened higher today with the higher regional markets following the sharp overnight rebound at Wall Street.
The FTSE Bursa Malaysia Kuala Lumpur Composite rose 2.38 points to 1,582.75.
- Kwasa Land Sdn Bhd, the master developer of iconic Kwasa Damansara township has awarded Project R2-1, a proposed residential development of a site measuring 12.7 acres, to Naza TTDI Sdn Bhd.
- Selangor Dredging Bhd (SDB) is looking to replenish its landbank in Malaysia and Singapore as land prices have become more reasonable.
- Bermaz Sdn Bhd’s launchs two-seat convertible sports car has expanded the company’s product portfolio in catering to a niche market segment, with the roadster aimed at driving.
- Syarikat Takaful Malaysia Bhd (STMB) has entered into a 10 year bancatakaful relationship with RHB Islamic Bank for a total service fee of RM110 million.
- Tenaga Nasional Bhd (TNB) has signed a supplemental power purchase agreement (PPA) with Jimah East Power Sdn Bhd (JEP) for the development of the coal-fired power plant in Mukim Jimah.
- Hong Leong Bank Bhd's net profit for the fourth quarter ended June 30, 2015 rose 14.4% to RM614.85 million from RM537.45 million in the previous period.
Sunday, 23 August 2015
You Should Know Why to Invest in Bursa Malaysia Share Market?
The
Bursa Malaysia share market is a profit oriented share trading
platform for the investors and organizations to trade with the shares
of different companies and derivatives.
Malaysia
stock market has been constantly a place where investors are making
profitable returns. But the investors who’re beginner in the
Malaysian stock market start purchasing stocks through rumors in
order to generate profits in short span of time.
When
trading in Malaysia stock market, it’s recommended to get Malaysia
share market tips to
get a clear view. Once you get the basics of investment, it’s easy
to adapt various strategies to execute trades in the market.
Friday, 21 August 2015
Don't Surrender The Assessments
Counting
the above stock venture picks you ought to additionally have a nearby
eye on the development of organization, once you have a thought of
how the organization is right now performing and how it is required
to perform later on, you will be in vastly improved positions to
settle on choices about the fate of the organization.
You
must be feeling that why stock picking is so essential. Why stress
such a great amount over it? Why you ought to invest hours doing
this? Furthermore, the answer is straightforward: "riches
Sunday, 9 August 2015
Basics of Stock Market Can Increase Your Profit Potential While Trading
The
stock market is a source for traders to trade with company’s share.
The major stock exchange market in Malaysia is “Bursa Malaysia”
which was previously known as ‘Kuala Lumpur stock exchange’,
which analyze how the largest company’s perform through the market
capitalization listed on the main board of the share exchange market.
The
traders who are trading in Malaysia stock market, it’s recommended
for them to get Bursa Malaysia Intraday Tips & follow that
investment tips in stock market to get good returns. Therefore, below
are some key points which must be avoided when investing in Malaysia
stock market so that as an investor you will be in profit.
Research
Skills
Generally,
the beginners in the stock market purchase stocks through some rumors
which tend to loss. It’s recommended to implement research
kills about the company. You can get stock trading tips from
any advisory firms so that you can able to indentify & analyze
the valuable stocks.
Buy
at Low & Sell at High Cost
Many
beginners in stock market follow the strategy of buying
high price stock and selling at low price as a result of which they
have to suffer from loss in the market. It’s recommended that
always Buy the stocks at low price & sell it at high price by
monitoring the market movements as well by following stock
tips signal regularly.
Always
Stick To the Plan
Planning
is a very important tool before investing in stock market. Despite of
knowing this, the investor make a mistake of investing without
implementation of proper planning.
Investment
in stock market is similar to managing your business organization.
Thus, you have to manage your investments by following accurate
strategies & plannings, because without any plan, there are
increased chance to get in major losses.
Investing
With Emotions
Not
only the beginners, also the professional investors face the problem
of getting emotional during trading Therefore, to overcome this kind
of situations you have to recognize & remove the mental prejudice
from your financial prospective and have to trade mindfully.
Bottom
Line
Understanding
of stock market is important when trading in Bursa Malaysia trade
market. The ups & down present in the stock market leads trader
to involve high risk premiums which create high capital cost.
Saturday, 8 August 2015
KLCI Extends Gains
Malaysia
Hot Stock (KUALA
LUMPUR): The
FBM KLCI extended its gains at midday on Thursday supported by key
heavyweights such as Maybank and Public Bank, in tandem with the
firmer regional markets.
At 12.30pm the KLCI rose 1.75 points to 1,841.88. Turnover was 1.56 billion shares valued at RM1.17bil. There were 453 gainers, 292 decliners and 342 counters unchanged.
Reuters reported most Asian share markets took cues from a global surge in equities and rose on Thursday, while weak US economic data sent the dollar lower.
Wall Street shares posted sizable gains overnight on several strong corporate earnings results and the pan-European Eurofirst 300 index of leading shares climbed to a 14-year high after the European Central Bank affirmed its loose policy stance, it said.
Meanwhile, HLIB Research said in a note that (KLCI) will continue to engage in sideways consolidation with near term supports at 1,830 and 1,820.
"On the contrary, a decisive breakout above immediate resistance of 1,843 will spur KLCI to retest resistances 1,850, 1,858 and 1,878 levels. Overall, as long as uptrend line support near 1,815 is not violated, current rally from 1,670 in Dec 2014 remains intact," it noted.
At Bursa Malaysia, IJM rose 15 sen to RM7.30.
Maybank rose 12 sen to RM9.467 and PBBank 20 sen to RM19.22.
Pharma rose 14 sen to RM6.34 and GTronic 19 sen to RM5.99.
Decliners were TM, down seven sen to RM7.33 and Genting eight sen to RM8.80.
Dutch Lady fell eight sen to RM48.10 and UMW eight sen to RM10.70.
Nikkei 225 fell 0.24% to 19,822.89
Hong Kong Hang Seng Index rose 0.2% to 27,674.04
Shanghai Stock Exchange Composite Index rose 1.95% to 4,163.93
Taiwan Stock Exchange Weighted Index rose 0.9% to 9,625.98
Korea Stock Exchange KOSPI Index rose 0.48% to 2,130.18
Straits Times Index STI fell 0.25% to 3,531.12
Crude oil (WTI) fell two cents to US$56.37 and Brent 30 cents to US$63.02.
Spot gold fell 44 cents to US$1,202.14.
Tuesday, 4 August 2015
The Reason, Why You Should Stop Losing The Stocks
Whether
you’re an investor or a trader, in the world of financial market;
both of them invest in order to earn instant cash while trading in
Malaysian stock exchange.
But
the thing which matters most is that for every investor, it’s not
possible to monitor the market movements, because the movement takes
place every single minute, even the expert analysts sometimes are
unable to track the movements.
Therefore,
it’s required to have a reasonable strategy which will help for you
to execute effective investment decisions. Investor if don’t have
an investment strategy, is not secure for the long term investment.
If you’re planning to invest in Malaysia Stock Market, then below
is some Malaysia Stock Picks.
Opposite
Investment Pattern:
The
experienced winners in the market always follow this rule. It’s
just about thinking & implementing opposite to other investors.
When
others analyze and wait for the market movements, just invest at that
time and when all other investors enter into the market with good
expectations, just sell your stocks. Many investors made profit by
following this methodology.
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