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14-Feb-14 - BC Valentine Trading Floor

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Post by kppl Fri 14 Feb 2014, 01:19

Happy Valentine's day all!!! Heart
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Post by Cals Fri 14 Feb 2014, 08:11

+1 topic opener  Clap  Blush

Feb 14th Stocks To Watch Westports, MISC, Alliance, Tanco, Atlan
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Post by Cals Fri 14 Feb 2014, 08:44

dont forget today is chap goh mei, mandarin orange company sure huat today , many forever alone buy orange in bulk and feed the river  Giggle
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Post by hlk Fri 14 Feb 2014, 09:12

happy valentine to all ...  Smiley 
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Post by hlk Fri 14 Feb 2014, 09:32

happy trading ... back 2 work  Hi 
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Post by Cals Fri 14 Feb 2014, 10:13

Market Open KLCI dips in early trade, select blue chips weigh
Business & Markets 2014
Written by Surin Murugiah of theedgemalaysia.com   
Friday, 14 February 2014 09:20

KUALA LUMPUR (Feb 14): The FBM KLCI dipped in early trade on Friday, weighed by losses at select blue chips, indicating a reversal of recent gains.

At 9.05am, the FBM KLCI shed 2.11 points to 1,1815.04.

Gainers led losers by 142 to 70, while 160 counters traded unchanged. Volume was 174.60 million shares valued at RM64.75 million.

The top losers included Genting Plantations, Petronas Dagangan, PPB, MISC, Petronas Gas, RHB Capital, UMW, Kimlun, Felda Global and KPJ Healthcare.

Hong Leong IB Research in a market preview Friday said the “Bearish Engulfing” on hourly and daily chart, a warning signal of reversal of the recent robust gains, was likely to turn KLCI into gloomy territory.

“However, in the wake of slight gain on Dow overnight, the KLCI could trend sideways with downward bias in the near term to 1805 - 1800 zone, breaching which will see further downside towards 1786 and 1769.

“However, its major resistances are near 1827, 1839, 1850 and 1855 levels,” it said.

Elsewhere, Asian shares edged higher in early trading on Friday, shrugging off downbeat U.S. economic data that pressured the dollar, which probed nearly three-week low against the euro, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, while Australia's main index added 0.5 percent, it said.
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Post by Cals Fri 14 Feb 2014, 13:57

Midday Market KLCI reverses earlier loss, but gains seen limited
Business & Markets 2014
Written by Surin Murugiah of theedgemalaysia.com   
Friday, 14 February 2014 13:00

KUALA LUMPUR (Feb 14): The FBM KLCI reversed its losses from the morning and rose at the midday break on Friday, but gains were seen limited due to profit taking activities.

At 12.30pm, the FBM KLCI rose 1.98 points to 1,819.13.

Gainers led losers by 401 to 249, while 317 counters traded unchanged. Volume was 1.20 billion shares valued at RM971.37 million.

The top gainers in the morning session included Dutch Lady, Suiwah, Atlan, Aeon, Datasonic, Latitude, Coastal Contracts, Heitech Padu and Aeon Credit.

Hubline was the most actively traded counter with 140.29 million shares done. The stock added half a sen to 6 sen.

The other actives included Iris Corp, Minetec, PDZ, KNM, Green Packet, Sona Petroleum and Kinsteel.

The decliners included Nestle, UMW, Favelle Favco, MISC, BAT, Hong Leong Capital, Warisan, Southern Acids, Bonia and Petronas Dagangan.

Maybank IB head of retail research and chief chartist Lee Cheng Hooi in a note to clients Friday said the FBM KLCI fell by 8.49 points to close at 1,817.15 yesterday, while the FBMEMAS and FBM100 also closed lower by 51.42 points and 54.16 points, respectively.

“We recommend a 'take profit' stance for the index," he said.

Despite the firm US markets, Lee said the FBM KLCI stalled towards 1,826.00 and 1,839.26 recently on profit taking activities.

Elsewhere, Asian shares rose on Friday while the U.S. dollar struggled to regain traction after downbeat U.S. economic data pushed it to a nearly three-week low against the euro, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan added about 0.8 percent. Japan's Nikkei stock average erased an initial bounce and pulled back 0.7 percent, as snow blanketed Tokyo and the yen pushed higher, it said.
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Post by Cals Fri 14 Feb 2014, 17:07

close of session 

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ace
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