Tag Archives: Technical Analysis

KUALA LUMPUR (Nov 7): Shares of Genting Bhd rose 19 sen or 2.14% today on stronger-than-expected earnings released by its Singapore gaming arm and following…

KUALA LUMPUR (Nov 7): Bank Negara Malaysia says its international reserves grew 0.1% to US$101.5 billion as at Oct 31, from US$101.4 billion as at…

KUALA LUMPUR (Nov 7): Malayan Banking Bhd (Maybank) and Bank Islam Malaysia Bhd have announced a six-month moratorium on monthly instalment payments for loans, and…

(Nov 7): Aside from being a billionaire e-commerce entrepreneur and soon-to-be martial arts movie star, Alibaba founder Jack Ma can now add “recording artist” to…

KUALA LUMPUR (Nov 7): The FBM KLCI rose 8.65 points or 0.5% to close at its intraday high today after US equities climbed to record…

KUALA LUMPUR (Nov 7): Bank Negara Malaysia (BNM) announced that small and medium enterprises affected by the recent floods in the northern states of Malaysia…

Most dollar majors have been seeing narrow ranges. EUR-USD, for instance, has been plying a narrow range around the 1.1600 level, consolidating after dropping from levels near 1.1700 on Friday following the U.S. October jobs report, which although disappointing in the headline (at 216k), showed the jobless rate dipping and back revisions adding a further […]

EUR-USD came under moderate pressure amid a mixed bag of leads out of the Eurozone, with the final October composite PMI reading being revised higher (to 56.0 from 55.9) being offset by dovish tilting remarks by ECB member Praet, who said that a “substantial amount of monetary accommodation continues to be necessary.” The euro clocked […]

In addition to my long leading/ short leading/ coincident paradigm for forecasting expansions and recessions, I have a couple of fundamentals based alternative approaches that tell me how confident I should be.

KUALA LUMPUR (Nov 6): Eversendai Corporation Bhd has become the first Malaysian company to work on a Saudi Aramco offshore fabrication project with its new…

KUALA LUMPUR (Nov 6): Petroliam Nasional Bhd’s (Petronas) planned US$7 billion (about RM29.69 billion) deal with Saudi Arabian Oil Co (Saudi Aramco) is expected to…

KUALA LUMPUR (Nov 6): UMW Oil & Gas Corporation Berhad (UMWOG) has via its units Sumber Ribu Sdn Bhd and Sumber Wang (L) Ltd, entered…