24/02/2014
# Nestle, RHB Cap, Pharma, Tune Ins, C.Heights, Protasco, TeoSeng, Crest Builder, Gas Malaysia
www.theedgemalaysia.com/business-news/277002-stocks-to-watch-nestle-rhb-cap-pharma-tune-ins-c-heights-protasco-teoseng-crest-builder-gas-malaysia.html
The Edge Malaysia
The Edge Malaysia is your window to Malaysia on the latest news in business and politics.
24/02/2014
# KLCI wipes out gains on profit taking
The KLCI wiped out earlier gains to finish 2.06 points or 0.1% lower at 1,828.68. Fund managers said invertors had taken profit as the KLCI was deemed overbought.
Today, Bursa Malaysia saw 3.06 billion shares worth RM2.08 billion changed hands. There were 432 gainers versus 446 decliners.
www.theedgemalaysia.com/business-news/276950-market-close-klci-wipes-out-gains-on-profit-taking.html
#Market Close* KLCI wipes out gains on profit taking
The KLCI wiped out earlier gains to finish 2.06 points or 0.1% lower at 1,828.68. Fund managers said investors had taken profit as the KLCI was deemed overbought.
24/02/2014
"In the business world, the rearview mirror is always clearer than the windshield."
- Warrent Buffett-
24/02/2014
# KLCI erases gains, falls 0.2%
FBM KLCI settled at 1,826.82 at 12.30pm...
"Save for overbought daily slow stochastic indicator which implies a profit-taking correction is pending for the FBM KLCI, most other momentum and trend indicators remained positive with bullish signals pointing to further upside ahead...
Across Bursa Malaysia, 1.89 billion shares worth some RM871 million changed hands.
There were 364 gainers versus 416 decliners.
Major Asia stock markets fell. Japan's Nikkei 225 declined 0.44% while South Korea's Kospi fell 0.4%.
Within China, Hong Kong's Hang Seng dropped 1.28% while the Shanghai Composite declined 2.03%....
www.theedgemalaysia.com/business-news/276899-noon-market-klci-erases-gains-falls-02.html
#Noon Market* KLCI erases gains, falls 0.2%
The FBM KLCI erased gains to fall 3.92 points or 0.2%. Analysts said the KLCI which was seen as overbought, and might be ripe for profit taking amid a major decline in China's stock markets.
21/02/2014
# Potential IPOs # 20 SMEs ready to list on Bursa in 2 year, says SME Corp CEO
Among the sectors identified are manufacturing, education and services...
"SME Corp identified the SMEs, with at least four-star rating, under the SMEs' Competitive Status Assessment, for upgrading.
These SMEs have shown interest to embark on a new direction in their business and are prepared to be listed on Bursa Malaysia between 12 and 24 months....
www.theedgemalaysia.com/business-news/276738-potential-ipos-20-smes-ready-to-list-on-bursa-in-2-year-says-sme-corp-ceo.html
#Potential IPOs* 20 SMEs ready to list on Bursa in 2 year, says SME Corp CEO
Twenty small and medium enterprises (SMEs) have shown interest and are ready to be listed on Bursa Malaysia in two years, says SME Corp Malaysia chief executive officer Datuk Hafsah Hashim.
21/02/2014
Midday Market : KLCI trends higher at midday as regional markets rise
At 12.30pm, the FBM KLCI added 0.54 points to 1,828.35.
The top gainers in the morning session included Fima Corp, Nestle, Petronas Dagangan, Bonia, Khind, Petronas Gas, Karex, Adventa and MNRB
The actives included Sona Petroleum, Minetec, Iris Corp, PDZ, Sanichi, Asia Bio and Metronic
www.theedgemalaysia.com/business-news/276711-midday-market-klci-trends-higher-at-midday-as-regional-markets-rise-.html
#Midday Market* KLCI trends higher at midday as regional markets rise
KUALA LUMPUR (Feb 21): The FBM KLCI trended higher at the midday break on Friday, as regional markets mostly rose on positive US manufacturing data.
19/02/2014
Market Open : KLCI dips 0.23% as selest blue chips weigh
At 9.05am, the FBM KLCI fell 4.21 points to 1,821.03
"Only a decisive breakout above immediate resistance of 1,825 (50-day moving average and 50% FR) will spur greater heights towards 1,839 (38.2% FR) and 1850 zones.
Meanwhile, a breakdown below 1,809 (100-day moving average) and 1,800 will witness a resumption of selling force to retest wards 1787 (200-day moving average)... "
www.theedgemalaysia.com/business-news/276005-market-open-klci-dips-023-as-select-blue-chips-weigh-.html
#Market Open* KLCI dips 0.23% as select blue chips weigh
The FBM KLCI dipped 0.23% in early trade on Wednesday, weighed by select blue chips as most regional turned cautious on investors’ worry over interest rates in China.
19/02/2014
TECHNICALS : FBMKLCI- A pause between the 20-day and 50-day MA lines.
" Major stocks advancers among the FBM KLCI component stocks included Petgas (+RM0.20, +0.87%), PPB (+RM0.20, +1.26%), and Petdag (+RM0.22, +0.72%). Major stock decliners included SKPetro (-RM0.06, -1.34%), Genting (-RM0.08, 0.77%), and KLK (-RM0.28, -1.17%). Total market value traded was RM2.30bn.
What to expect on Wednesday (19 Feb 2014) ? The analysis of overall daily market action on 18 Feb 2014 revealed that buying power was weaker than selling pressure. As such, the FBM KLCI would likely trade below the 1,822.68 on 19 Feb 2014. "
www.theedgemalaysia.com/business-news/275996-technicals-fbmklci--a-pause-between-the-20-day-and-50-day-ma-lines-.html
#Technicals* FBMKLCI – A pause between the 20-day and 50-day MA lines
KUALA LUMPUR (Feb 19): The FBM KLCI had on 18 Feb 2014 traded within the previous day’s range to form an inside day bar. In the absence of supportive buying interest, the benchmark index held its position near the low end throughout most of the trading sessions before settling at 1,825.24 (-2.24, -0...
04/01/2014
"Affin IB vice president and head of retail research Dr Nazri Khan
said that as long as the FBM KLCI stayed above the six-year-uptrendline (using the low of 2009,2011 and 2013) near 1750 level, the secular bull market could be expected to continue. "
www.theedgemalaysia.com/business-news/269975-klci-week-ahead-benchmark-bulls-to-pause-for-breath.html
#KLCI week ahead* Benchmark bulls to pause for breath
KUALA LUMPUR (Jan 4): The FBM KLCI, which rose to a new record high level of 1,822 points on Dec 31 last year is likely to pause for a breath next week and digest its long rally last seven weeks.
04/01/2014
Senarai IPO Tahun 2014
Tahun 2014 bakal menyaksikan sekurang-kurang 9 IPO terbesar akan disenaraikan termasuklah 1MDB yang akan melibatkan RM18.14 billion saham yang akan diniagakan di KLCI.
04/01/2014
Senarai IPO Sepanjang 2013