Tag Archives: Technical Analysis

KUALA LUMPUR (Dec 26): The FBM KLCI was flat at the closing bell on the first trading day after the Christmas break as investors had…

KUALA LUMPUR (Dec 26): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 27) may include: MRCB, MPay,…

            The BEA released their last GDP estimate of the US economy earlier this week.  The report showed that the economy is doing very well.  On a Y/Y basis, topline growth was 2.3%, which continues the quarterly increase in this number.             Individual components were also very strong.  Personal consumption expenditures – which comprise 70% […]

November housing data was all strongly positive, including permits, starts, and new and existing home sales. Partly as a result of that, the Index of Leading Indicators increased. Personal income and spending were up, but at the expense of a decline in the savings rate.  Durable goods rose overall, but core goods fell slightly. Sentiment […]

KUALA LUMPUR (Dec 23): The Edge weekly in its 2017 year-end cover story looks at the key issue of rising cost of doing business, which…

Currencies are likely to remain range bound as market participants will be non-committal into the holiday period. The yen, while steady today, has been finishing the year on a softening tack. ‘Abenomic’ policies remain in full swing, with the cabinet today approving a stimulus budget, and with the BoJ having signalled yesterday that it is […]

Narrow ranges have prevailed so far today, which will more than likely remain the case with market participants non-committal so close to the holiday period and year-end. USD-JPY has settled around the 113.25-25 mark after yesterday clocking a 10-day high of 110.63. Yen crosses, which have been buoyant this week, with EUR-JPY making a 26-month […]

KUALA LUMPUR (Dec 22): Prime Minister Datuk Seri Najib Tun Razak wants the authorities to conduct a thorough probe into the issue of ownership of…

KUALA LUMPUR (Dec 22): Bank Negara Malaysia (BNM)’s international reserves grew 0.3% to US$102.2 billion as at Dec 15 from US$101.9 billion as at Nov…

KUALA LUMPUR (Dec 22): The proposed listing of Pentamaster Corp Bhd’s automated solutions arm on the main board of the Hong Kong Stock Exchange is…

KUALA LUMPUR (Dec 22): Permodalan Nasional Bhd (PNB), the country’s largest fund management company, is planning to increase its exposure in the global market next…