Posted by samsambank > 2017-07-19 18:43 | Report Abuse

Bursa Malaysia up on bargain-hunting http://m.thesundaily.my/node/462718

Posted by shortinvestor77 > 2017-07-19 20:21 | Report Abuse

golden wannacry. cimb up.

Posted by samsambank > 2017-07-19 21:50 | Report Abuse

http://www.theedgemarkets.com/article/my-say-returning-vibrant-economy

Posted by samsambank > 2017-07-20 07:58 | Report Abuse

Nasdaq was up 0.64%

Posted by Amit Khindriya > 2017-07-20 23:15 | Report Abuse

Stay low...stay low,.....

Posted by masterus > 2017-07-21 15:27 | Report Abuse

Washington: The United States is closely and carefully following the border standoff between India and China, the Trump Administration said today urging the two countries to engage in dialogue to "reduce tension".

"This is a situation that we are following closely and carefully. I'd have to refer you to the governments of India and China for more information on that," State Department Spokesman Heather Nauert told reporters at a news conference.


Responding to a question, she said the Indians and Chinese are talking on those issues.

"They're going to talk to one another," she said ahead of the Beijing visit of the National Security Advisor Ajit K Doval to attend the BRICS meeting on July 27 and 28.

"We would encourage them to engage in direct dialogue aimed at reducing tensions," Ms Nauert said.

India yesterday said it is ready for talks with China with both sides first pulling back their armies to end the tense standoff in the Sikkim sector, stressing the need for a "peaceful resolution" of border issues.

Posted by anonboy > 2017-07-22 20:56 | Report Abuse

Bursa Malaysia likely to be firm next week http://m.thesundaily.my/node/463438

Posted by masterus > 2017-07-23 14:56 | Report Abuse

U.S. Dollar Sunk by Wave of Buying in Aussie, Euro
23 hours agoByJames Hyerczyk
The U.S. Dollar hit its lowest level against a basket of currencies since August 2016 last week as a boatload of negative factors piled up against the Greenback, causing investors to lose confidence in the currency.
September U.S. Dollar Index futures finished the week at 93.679, down 1.251 or -1.32%.
U.S. Dollar Index
Weekly September U.S. Dollar Index
The dollar was under pressure at the start of the week because dovish comments from Fed Chair Janet Yellen and disappointing consumer inflation and retail sales the previous week lowered the chances of a third Fed rate hike later in the year.
Last week’s selling pressure came in waves. The first wave of selling was fueled by a steep rally in the Australian Dollar that was caused by hawkish comments from the Reserve Bank of Australia (RBA). The second wave of selling was attributed to hawkish comments from European Central Bank (ECB) President Mario Draghi, which drove the Euro to a multi-year high.

Posted by shortinvestor77 > 2017-07-23 16:03 | Report Abuse

So Maybank will up!

Posted by meistsk3134 > 2017-07-23 16:52 | Report Abuse

impossible...

Posted by anonboy > 2017-07-24 01:35 | Report Abuse

Cash market expected to continue uptrend in second half — Kenanga | http://www.klsescreener.com/v2/news/view/258894

Posted by gooman > 2017-07-24 08:25 | Report Abuse

KLCI seen moving higher, gyrate between 1,751 and 1,761 | http://www.klsescreener.com/v2/news/view/258904

Posted by masterus > 2017-07-24 10:55 | Report Abuse

Copper up on China growth, weak US dollar
JULY 24, 20177:51AM
Maytaal AngelReuters
Copper has hit a 4-1/2 month peak, fuelled by strong growth in top copper consumer China, a weak US dollar and worries about supply disruptions.

The dollar hit a two year low versus the euro, as the single currency rallied on bets the European Central Bank would tweak its policy stimulus in the autumn.

A weaker dollar makes dollar-priced copper cheaper for non-US investors.

Also helping copper, China's economy expanded faster-than-expected in the second quarter, data showed Monday, setting the country on course to comfortably meet its 2017 growth target.


"Overall demand in China is not that bad at all," said Richard Fu, head of Asia and Pacific at LME Floor Member AMT.

"In general global economic figures are improving, there's supply disruptions here and there, plus the Chinese want to cut metal production in order to tackle pollution and over-capacity," he added.

FUNDAMENTALS

* LME COPPER: Three-month LME copper rose 1.17 per cent to $US6,028 a tonne by 0956 GMT, having earlier hit its highest since March 1 at $US6,042.50.

* INVENTORIES: Copper inventories in Shanghai Futures Exchange-monitored warehouses fell 4.9 per cent from last Friday to their lowest since January.

* PERU STRIKES: Unionised workers in Peru, the world's second-biggest copper producer, began a nationwide strike on Wednesday to protest against labour reforms, but significant disruptions to output were not expected.

* WAGE TALKS: Union-represented workers and management at Antofagasta's Zaldivar copper mine failed to reach a wage deal on Thursday and agreed to extend government-mediated talks into next week.

* COPPER DEFICIT: The global world refined copper market showed a 53,000 tonnes deficit in April, compared with an 18,000 tonnes deficit in March, industry data showed.

* CHINA FORECASTS: The Asian Development Bank raised its 2017 and 2018 growth forecasts for China and other countries in the region.

* ALUMINIUM OUTPUT: Daily average primary aluminium output excluding China rose to 70,300 tonnes in June, from 70,000 tonnes in May, industry data showed.

"Although sweeping production cuts were announced in recent months, especially in China, they have not been implemented so far or have been offset by new capacities. We see no justification for the high aluminium price," said Commerzbank in a note.

* SPREADS: Discounts of cash copper, aluminium and lead to their three-month contracts were near multi-year highs, signalling ample nearby supply. , ,

* US ECONOMY: Jobless claims fell more than expected to the lowest level in nearly five months, suggesting strong job gains that should continue to underpin economic growth.

* TRUMPCARE: Republicans failed to resolve differences on healthcare legislation, fuelling doubts that President Donald Trump can deliver promised economic stimulus that would boost demand for metals.

Posted by samsambank > 2017-07-24 15:54 | Report Abuse

Rakuten Trade advises focus on small, mid cap stocks | http://www.klsescreener.com/v2/news/view/259132

Good!

Posted by samsambank > 2017-07-24 18:08 | Report Abuse

http://www.enanyang.my/news/20170724/投资大马明登场-市场引颈静待-综指涨0-57点/

Posted by samsambank > 2017-07-24 22:39 | Report Abuse

Rakuten bullish on local stocks http://m.thesundaily.my/node/463967

Posted by masterus > 2017-07-24 23:17 | Report Abuse

The dollar index is on a two-week losing streak, and some strategists expect further downside.

The index, which measures the value of the U.S. dollar relative to a basket of foreign currencies, including the euro, fell Friday to its lowest level since June 2016. The slide came as the euro surged against the greenback and a string of negative news flowed out of Washington early in the session.

When asked if he would buy the U.S. dollar at this juncture, given its beaten-down condition, Crossing Wall Street blog editor Eddy Elfenbein said, "I'm not, and I've got to say, it is an ugly chart, and I think it's going to get even uglier."

"The dollar seems to go down a little bit just about every single day," he said Friday on CNBC's "Trading Nation." He said last week's weakness was due in part to the euro's strength following remarks from European Central Bank President Mario Draghi.

Draghi did not mention "the strength of the euro as being a problem, sort of like the dog that did not bark, and when central bankers give a green light, traders are in the habit of following along. I think it is going to continue to get worse for the dollar and then, of course, we have a Fed meeting coming our way next week," Elfenbein said.

Higher interest rates typically tend to increase the value of that country's currency relative to that of foreign currencies. But that's not always the case, said Chris Verrone, head of technical analysis for Strategas Research Partners.

"In five of the last six times the Fed has raised rates, you've seen the dollar go lower, not higher," Verrone said Friday on "Trading Nation." "So this price action really hasn't been that abnormal from what history tells us should happen. I think the question here is, tactically, do we set up for a bounce? Look to 92.5, 93 for support in the near term."

On Monday, the dollar index was trading at 93.91, and has declined more than 8 percent this year.

Posted by samsambank > 2017-07-25 07:54 | Report Abuse

Nasdaq was up 0.36%.

Posted by samsambank > 2017-07-26 07:52 | Report Abuse

The Dow was up 0.47%.

Posted by Beza > 2017-07-26 08:42 | Report Abuse

Dow Jones closed at 21613.43, up 100.26 (+0.47%) . Bodoh goldentriangle don't report. Lim Pe reports.

Posted by masterus > 2017-07-26 16:03 | Report Abuse

BANK OF AMERICA: The US dollar is overvalued, and there are 'substantial risks' to a big rally from here
AKIN OYEDELEJUL 25, 2017, 09.26 PM
FacebookLinkedinWhatsAppTwitterGoogle+
ice climbing Oli Scarff/Getty
The US dollar is the worst performing G10 currency this year, down 8% versus its major peers. But it's still expensive relative to its history, according to Bank of America Merrill Lynch.
"T he currency remains overvalued by about 10 percent compared with its long-term equilibrium and about 12 percent above its 20-year average in real effective term," said Athanasios Vamvakidis, the global head of G10 FX strategy, in a note on Tuesday.

Posted by anonboy > 2017-07-26 19:47 | Report Abuse

Asean stocks higher; Philippine index closes at 1-year top | http://www.klsescreener.com/v2/news/view/260257

Posted by anonboy > 2017-07-26 19:48 | Report Abuse

FBM KLCI rises on Malaysia election cue | http://www.klsescreener.com/v2/news/view/260251

Posted by anonboy > 2017-07-27 06:28 | Report Abuse

Portfolio inflows in Asian emerging markets expected to rebound | http://www.klsescreener.com/v2/news/view/260349

Posted by masterus > 2017-07-27 07:39 | Report Abuse

[NEW YORK] The US dollar fell on Wednesday, touching its lowest level in more than a year against a basket of currencies after the release of the Federal Reserve's policy statement following its July meeting.

The Federal Open Market Committee announced no changes to monetary policy, as expected. Policymakers said, however, that the US central bank would begin implementing balance sheet normalisation "relatively soon".

That marked a change from the committee's previous statement that it would begin to reduce its US$4.5 trillion bond holdings "this year".

The US dollar index, which measures the greenback against six major currencies, fell to 93.396, its lowest since June 23, 2016.

Posted by masterus > 2017-07-27 07:41 | Report Abuse

Brent crude prices edged closer to $51 a barrel, the highest level in two months, after US stockpiles fell more than analysts expected.

The global oil price benchmark rose 1.27 per cent to $50.84 per barrel while West Texas Intermediate (WTI) oil prices, the benchmark for the US, were trading 1.52 per cent higher at $48.62 per barrel.

US inventories dropped by 7.2m barrels in the week to 21 July while analysts expected a decline of just 2.6m barrels, according to official data published by the Energy Information Administration (EIA) today.

Posted by anonboy > 2017-07-27 07:53 | Report Abuse

Dow Jones was up 0.45%.

Posted by anonboy > 2017-07-28 08:47 | Report Abuse

The Dow was up 0.39%.

Posted by Beza > 2017-07-28 15:07 | Report Abuse

Bank confident of sustainable profitable growth for rest of year
PETALING JAYA: Malayan Banking Bhd’s unit in Indonesia has posted a 16.3% rise in net profit after tax and minority interests (Patami) to 998.5 billion rupiah (RM320mil) in the first half ended June 30.
PT Bank Maybank Indonesia said net interest margin improved to 5.3% in June 2017 compared with 5% in June 2016.
“We are confident of seeing sustainable profitable growth for the remaining 2017.” president director of Maybank Indonesia Taswin Zakaria said in a statement.
He said the bank’s better performance was supported by an overall improvement in its core banking business.
The bank’s fee-based income during the period under review climbed 9.1% from 1.3 trillion rupiah in June 2016 to 1.5 trillion rupiah in June 2017.
The increase in fee-based income was achieved from bancassurance, loan recovery, remittance and other services provided by the bank.
Global banking loans saw a strong loan growth of 18.9% to 27.3 trillion rupiah in June 2017 as a number of key deals were realised, benefiting from the re-aligning and re-profiling of its portfolio.
The bank’s Community Financial Services (CFS) non-retail loans, which comprise of micro, small and medium enterprises and business banking, grew by 2.0% to 50.1 trillion rupiah, while CFS retail banking loans decreased by 6.4% to 42.5 trillion rupiah in June 2017 due to a slowdown in consumer spending.
Asset quality at Maybank Indonesia remained solid, with consolidated non-performing loan level remaining at 3.6% (gross) and 2.4% (net) as of June 2017 compared with the previous corresponding period.
Provision expenses was reduced by 15.7% to 835.8 billion rupiah in June 2017 from 991.1 billion rupiah in June 2016.
The bank, however, said loan quality remained a concern as businesses are still impacted by the continued slow movement in the economy.
“We continued to show strong improvement at the operating level for the first six months amidst the challenging market condition,” Taswin said.
“Our strong first semester results clearly reflects the steady improvement in our core business performance as strong fundamentals, rigorous risk management practices as well as a disciplined approach towards pricing and growth are well in place,” he said.
Meanwhile, president commissioner Maybank Indonesia and group president & CEO of Maybank, Datuk Abdul Farid Alias said he is pleased with the bank’s performance, despite the challenging market condition.

Read more at http://www.thestar.com.my/business/business-news/2017/07/28/maybank-indonesia-posts-higher-earnings-for-first-half/#OPxCmTyUctWxL1Pc.99

Posted by samsambank > 2017-07-29 11:18 | Report Abuse

Private investment to drive growth | http://www.klsescreener.com/v2/news/view/261475

Posted by samsambank > 2017-07-29 14:00 | Report Abuse

Upward bias amid bright global outlook | http://www.klsescreener.com/v2/news/view/261415

Posted by samsambank > 2017-07-29 14:41 | Report Abuse

Smallcap stocks in emerging markets offer attractive prospects for active managers: Mark Mobius
Jul 29, 2017

http://www.moneycontrol.com/news/business/markets-business/smallcap-stocks-in-emerging-markets-offer-attractive-prospects-for-active-managers-mark-mobius-2339425.html

Posted by samsambank > 2017-07-29 17:49 | Report Abuse

Bursa Malaysia likely to remain firm next week http://m.thesundaily.my/node/465502

Posted by anonboy > 2017-07-30 11:49 | Report Abuse

The dot-com bubble was a historic economic bubble and period of excessive speculation that occurred roughly from 1997 to 2001.

What's next?

I think IoT-big data-cloud-AI bubble will be coming in the future.

The Edge SME Forum 2017: Bet on big data, IoT and AI http://www.klsescreener.com/v2/news/view/261501

Posted by samsambank > 2017-07-30 13:59 | Report Abuse

MIDF Research sees more upside for KLCI as economy remains positive | http://www.klsescreener.com/v2/news/view/261521

Posted by shortinvestor77 > 2017-07-30 21:42 | Report Abuse

You trusted what North Korea claim, golden triangle? N Korea also said he never murdered his brother lah? You ask North Korea attack US directly lah. Don't talk, just do it.

Posted by samsambank > 2017-07-31 06:21 | Report Abuse

The Dow was up 0.15%

Posted by masterus > 2017-07-31 09:44 | Report Abuse

2017 SUPER REFORM - WHAT THIS MEANS FOR YOU
THE MOST SIGNIFICANT SUPER CHANGES IN A DECADE
FREE EBOOK. DOWNLOAD TODAY.


A weak week for the US dollar and it helped commodities end on a solid note generally.

Oil, gold, copper, iron ore all rose, but wheat futures eased despite a worsening drought across much of Europe, the northern US and parts of Australia.
Iron ore prices dipped below $US69 per tonne (on a cfr basis delivered to northern China) on Friday despite active trading at Chinese ports ahead of the weekend.
The Metal Bulletin’s 62% iron oxide iron ore index fell back $US68.73 per tonne delivered to Qingdao in northern china, a fall of 2.1% or $US1.47 tonne. But that was stil up 2.3% on the week before’s close of $US67.14. Prices topped $US70 a tonne for two days last week.
Oil prices though surged by 8% last week - the largest weely rise since early December, with prices getting a lift from renewed production-curb commitments from OPEC members as well as uncertainty in Venezuela and problems in Nigeria.
Traders showed little reaction as data Friday on the latest number of active US oil rigs revealed a modest increase for the week after falls in two of the preceding three weeks.
September West Texas Intermediate crude rose 67 cents, or 1.4%, to settle at $US49.71 a barrel in New York—the highest finish for a most-active contract since May 26, according to FactSet.
It ended about 8.6% higher for the week.
In London Brent crude for September which expires at tonight’s settlement, added $US1.03, or 2%, to settle at $US52.52 a barrel, with prices up around 9.3% for the week.
Both contracts saw their biggest weekly percentage gains for a most-active contract since early December.
Another fall in US stocks and a drop in US production helped bolster confidence.
Baker Hughes reported that a small rise of 2 in the number of rigs looking for oil last week. That pushed them up to 766 after drop of one the week before.
The total active US rig count, which includes oil and natural-gas rigs, was also up 8 at 958.

Posted by masterus > 2017-07-31 09:49 | Report Abuse

“The US dollar fell against all G10 currencies except the Swiss franc,” he said in a Monday morning note. AUD/USD fell as far as 0.7937 in London trade, bounced above 0.7990 on the US data, flickered above 0.8000 briefly then steadied just below the figure.”

Posted by anonboy > 2017-07-31 11:38 | Report Abuse

Foreign fund buying jumps to RM310m in week ended July 28 | http://www.klsescreener.com/v2/news/view/261699

Posted by samsambank > 2017-07-31 22:31 | Report Abuse

Foreign investors remain net buyers on Bursa http://m.thesundaily.my/node/466322

Posted by masterus > 2017-08-01 07:21 | Report Abuse

Sanctions On Venezuela Could Push Oil Into The Mid-$50s

Posted by mfmqqq > 2017-08-01 11:39 | Report Abuse

highly recommeded trading buy....buy and accumulate...anticipating higher net profits...tpRM10.33...accumulate

Posted by Vindy0512 > 2017-08-07 10:28 | Report Abuse

Can go up higher? RM10 by this week ??

Posted by mfmqqq > 2017-08-08 10:09 | Report Abuse

recommended trading buy for maybank....buy, accumulate and keep for long term....tp still maintained.....anticipating higher net profits for next quarter..good luck...

Posted by masterus > 2017-08-08 12:36 | Report Abuse

Bank Indonesia has prepared a draft bill on the redenomination of the Indonesian Rupiah (Draft Bill). The Draft Bill is aiming to improve the economic efficiency and to create smoother commercial transactions. The Draft Bill suggests to remove the final 3 digits of the current Rupiah. By removing the final three digits, the use of the Rupiah would be simplified, however the value of the Rupiah would remain the same.



Circulation Procedures of the New Indonesian Rupiah

The circulation of the new Rupiah will consist of two phases:

The First Phase (January 1, 2020 – December 31, 2024):
Bank Indonesia will issue and circulate the physical currency with the sign “new” incorporated onto the body of the money (First New Money).
The Old Rupiah can still be used as payment method, until its revocation on December 31, 2024
The Old Rupiah can still be exchanged at Bank Indonesia until December 31, 2034
The Second Phase (January 1, 2025 – December 31, 2028)
Bank Indonesia will issue and circulate the physical currency, without the sign “new” incorporated onto be body of the currency
The First New Money will be valid until its revocation on December 31, 2028
The First New Money can be exchanged at Bank Indonesia until December 31, 2038

Posted by LucasZ > 2017-08-08 16:22 | Report Abuse

What happen nie? Start getting jittery when price shoot up like this consecutively.....time to let go?

Posted by shortinvestor77 > 2017-08-08 19:53 | Report Abuse

My TP RM 15. Don't laugh.

Posted by meistsk3134 > 2017-08-08 19:56 | Report Abuse

Lmao. Now 1mbd got problem. Financial malaysia going down soon

Posted by Adventurer > 2017-08-08 20:32 | Report Abuse

Wow! Anticipating something really good is going to happen?