2013年11月5日星期二
Gold up seven sen at RM129.82 per gramme
The physical price of gold as at 9.30am stood at RM129.82 per gramme, up seven sen from RM129.75 at 5pm yesterday
Ringgit opens lower against US dollar
The ringgit opened lower against the US dollar in early trading today as the demand for the domestic currency has yet to pick up due to the Awal Muharram public holiday yesterday, dealers said.
The local currency was quoted at 3.1860/1890 against the greenback from 3.1725/1755 on Monday.
A dealer said investors were hoping to see some positive leads after the holiday to make their major positions.
Meanwhile, the ringgit was also traded lower against a basket of currencies.
The local currency depreciated against the Singapore dollar to 2.5603/5629 from 2.5525/5557 on Monday and dwindled to 3.2339/2382 from 3.2162/2199 against the Japanese yen.
Versus the British pound, the local unit also declined to 5.1126/1187 from 5.0579/0640 and weakened to 4.2909/2956 from 4.2867/2914 against the euro at Monday's close.
The local currency was quoted at 3.1860/1890 against the greenback from 3.1725/1755 on Monday.
A dealer said investors were hoping to see some positive leads after the holiday to make their major positions.
Meanwhile, the ringgit was also traded lower against a basket of currencies.
The local currency depreciated against the Singapore dollar to 2.5603/5629 from 2.5525/5557 on Monday and dwindled to 3.2339/2382 from 3.2162/2199 against the Japanese yen.
Versus the British pound, the local unit also declined to 5.1126/1187 from 5.0579/0640 and weakened to 4.2909/2956 from 4.2867/2914 against the euro at Monday's close.
KL shares opem higher across-the-board
Share prices on Bursa Malaysia were traded higher in the early session today, spurred by buying interest across-the-board,
dealers said.
At 9.04am, the FTSE Bursa Malaysia KLCI was 4.84 points higher at 1,812.31 after opening at 1,811.06.
Turnover stood at 114.69 million shares worth RM80.92 million.
Gainers outnumbered losers by 145 to 70, with 148 counters unchanged, 1,227 untraded and 20 others suspended.
HwangDBS Vickers Research said the FBM KLCI might continue to trade sideways, with immediate support and resistance level at 1,800 and 1,825, respectively, as investors await the release of US economic and employment data.
"The US third quarter gross domestic product data is due tomorrow and the crucial non-farm payroll data on Friday, which will shed more light on the US recovery," it said in a research note today.
On the scoreboard, the Finance Index gained 34.18 points to 16,731.44, the Industrial Index was up 7.61 points to 3,132.10, while the Plantation Index rose 3.92 points to 8,638.40.
The FBM Emas Index advanced 29.36 points to 12,600.66, the FBMT100 Index garnered 26.71 points to 12,321.52, the FBM 70 added 5.29 points to 14,293.45 and the FBM Ace surged 42.32 points to 5,844.57.
Among actives, Karex, which made its debut on the Bursa Malaysia Main Board today, gained 49 sen to RM2.34, a premium of 49 sen above its offer price of RM1.85.
At 9.08am, it was up 52 sen to RM2.37. A total of 13.24 million shares were transacted.
Meanwhile, Barakah Offshore Petroleum made its debut on the Main Market today at RM1.06 for a 41 sen premium over its initial 65 sen offer price.
As at 9.05am, 7.7 million shares changed hands.
Iris Corp gained half a sen to 28.5 sen while Hubline and Tiger Synergy were unchanged at 5.5 sen and 26.5 sen, respectively.
As for heavyweights, Maybank and Axiata added three sen to RM9.90 and RM6.91, respectively, while CIMB and Sime Darby gained two sen to RM7.56 and RM9.53, respectively.
Petronas Chemicals was unchanged at RM7.08.
dealers said.
At 9.04am, the FTSE Bursa Malaysia KLCI was 4.84 points higher at 1,812.31 after opening at 1,811.06.
Turnover stood at 114.69 million shares worth RM80.92 million.
Gainers outnumbered losers by 145 to 70, with 148 counters unchanged, 1,227 untraded and 20 others suspended.
HwangDBS Vickers Research said the FBM KLCI might continue to trade sideways, with immediate support and resistance level at 1,800 and 1,825, respectively, as investors await the release of US economic and employment data.
"The US third quarter gross domestic product data is due tomorrow and the crucial non-farm payroll data on Friday, which will shed more light on the US recovery," it said in a research note today.
On the scoreboard, the Finance Index gained 34.18 points to 16,731.44, the Industrial Index was up 7.61 points to 3,132.10, while the Plantation Index rose 3.92 points to 8,638.40.
The FBM Emas Index advanced 29.36 points to 12,600.66, the FBMT100 Index garnered 26.71 points to 12,321.52, the FBM 70 added 5.29 points to 14,293.45 and the FBM Ace surged 42.32 points to 5,844.57.
Among actives, Karex, which made its debut on the Bursa Malaysia Main Board today, gained 49 sen to RM2.34, a premium of 49 sen above its offer price of RM1.85.
At 9.08am, it was up 52 sen to RM2.37. A total of 13.24 million shares were transacted.
Meanwhile, Barakah Offshore Petroleum made its debut on the Main Market today at RM1.06 for a 41 sen premium over its initial 65 sen offer price.
As at 9.05am, 7.7 million shares changed hands.
Iris Corp gained half a sen to 28.5 sen while Hubline and Tiger Synergy were unchanged at 5.5 sen and 26.5 sen, respectively.
As for heavyweights, Maybank and Axiata added three sen to RM9.90 and RM6.91, respectively, while CIMB and Sime Darby gained two sen to RM7.56 and RM9.53, respectively.
Petronas Chemicals was unchanged at RM7.08.
KLCI futures traded lower in early session
The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were traded lower in the early session today.
At 9.45am, spot month November 2013 fell 5.5 points to 1,804, December 2013 was six points lower at 1,801.5, March 2014 remained pegged at 1,804 and June 2014 stood at 1,802.5.
Turnover stood at 1,777 lots while open interest totalled 41,032 contracts.
The underlying FBM KLCI was 2.8 of a point lower at 1,804.67 after 45 minutes of trading
At 9.45am, spot month November 2013 fell 5.5 points to 1,804, December 2013 was six points lower at 1,801.5, March 2014 remained pegged at 1,804 and June 2014 stood at 1,802.5.
Turnover stood at 1,777 lots while open interest totalled 41,032 contracts.
The underlying FBM KLCI was 2.8 of a point lower at 1,804.67 after 45 minutes of trading
US stocks end mostly lower
NEW YORK: US stocks on Tuesday ended mostly lower as analysts pointed to the need for markets to absorb recent gains after a number of records in the last couple of weeks.
The Dow Jones Industrial Average fell 20.90 points (0.13 percent) to 15,618.22. The broad-based SandP 500 dipped 4.96 points (0.28 percent) to 1,762.97, while the tech-rich Nasdaq Composite Index edged up 3.27 points (0.08 percent) to 3,939.86.
Markets opened lower after the European Union cut its 2014 eurozone growth forecast. The indices rallied after that, but the rise was not enough to pull two of the three main indices into positive territory.
Art Hogan, head of product strategy for equity research at Lazard Capital Markets, said the selling could be expected because equities have risen a lot in recent weeks.
"We've got some wind at our back here, but we've also got a market that's worked its way pretty high in a short period of time," Hogan said.
Car rental company Hertz Global Holdings sank 10.5 percent amid concerns over higher fleet costs, which Morgan Stanley said clouded the 2014 profit outlook.
Retail pharmaceutical giant CVS Caremark rose 2.0 percent after earnings of US$1.09 per share bested forecasts by 7 cents. The company also increased its full-year earnings projections due to stronger sales from a range of US$3.90-US$3.96 per share to US$3.98-US$4.01.
Luxury fashion company Michael Kors shot up 5.8 percent after earnings topped expectations by 3 cents at 71 cents per share on surging sales. North American comparable-store sales rose 21 percent.
Canadian energy company Encana rose 2.8 percent after announcing a new corporate strategy that emphasises oil development at the expense of natural gas, cuts 20 percent of its staff, divests some assets and keeps a lower dividend.
Fertiliser company CF Industries fell 3.7 percent after earnings slumped 42 percent to US$234.1 million due to tough industry conditions in the wake of lofty supply. However, the company pointed to a "good demand outlook and favourable pricing dynamics" for the 2014 nitrogen market.
The Dow Jones Industrial Average fell 20.90 points (0.13 percent) to 15,618.22. The broad-based SandP 500 dipped 4.96 points (0.28 percent) to 1,762.97, while the tech-rich Nasdaq Composite Index edged up 3.27 points (0.08 percent) to 3,939.86.
Markets opened lower after the European Union cut its 2014 eurozone growth forecast. The indices rallied after that, but the rise was not enough to pull two of the three main indices into positive territory.
Art Hogan, head of product strategy for equity research at Lazard Capital Markets, said the selling could be expected because equities have risen a lot in recent weeks.
"We've got some wind at our back here, but we've also got a market that's worked its way pretty high in a short period of time," Hogan said.
Car rental company Hertz Global Holdings sank 10.5 percent amid concerns over higher fleet costs, which Morgan Stanley said clouded the 2014 profit outlook.
Retail pharmaceutical giant CVS Caremark rose 2.0 percent after earnings of US$1.09 per share bested forecasts by 7 cents. The company also increased its full-year earnings projections due to stronger sales from a range of US$3.90-US$3.96 per share to US$3.98-US$4.01.
Luxury fashion company Michael Kors shot up 5.8 percent after earnings topped expectations by 3 cents at 71 cents per share on surging sales. North American comparable-store sales rose 21 percent.
Canadian energy company Encana rose 2.8 percent after announcing a new corporate strategy that emphasises oil development at the expense of natural gas, cuts 20 percent of its staff, divests some assets and keeps a lower dividend.
Fertiliser company CF Industries fell 3.7 percent after earnings slumped 42 percent to US$234.1 million due to tough industry conditions in the wake of lofty supply. However, the company pointed to a "good demand outlook and favourable pricing dynamics" for the 2014 nitrogen market.
US stocks firmer ahead of GDP, jobs data
NEW YORK: US stocks on Monday ended a quiet day higher as investors looked ahead to some important economic reports later in the week, including the monthly jobs report.
The Dow Jones Industrial Average tacked on 23.57 points (0.15 percent) at 15,639.12.
The broad-based SandP 500 rose 6.29 points (0.36 percent) to 1,767.93, while the tech-rich Nasdaq Composite Index added 14.55 points (0.37 percent) at 3,936.59.
Dan Greenhaus, chief global strategist at BTIG LLC, characterised Monday's economic news flow as "dead" but said markets will likely take notice of Thursday's report on third-quarter gross domestic product and Friday's monthly jobs report for October.
"We've had a really nice run here and the market feels a little tired," Greenhaus said.
Tech companies Groupon (+6.4 percent) and Tesla Motors (+8.0 percent) rose ahead of earnings reports this week.
Dow component Merck was lifted 1.1 percent after announcing promising results in a trial for a vaccine that it said protects against the HPV virus that can lead to cervical cancer.
Another Dow component, Johnson and Johnson, dipped 0.4 percent after it agreed to pay US$2.2 billion to settle allegations of fraudulently marketing drugs and paying kickbacks to promote their sales.
Smartphone company BlackBerry spent the day trading in the red after announcing a new chief executive and scuttling plans to sell the company and instead receive a US$1 billion infusion. Shares ended 16.4 percent lower amid revived questions about the Canadian company's prospects
The Dow Jones Industrial Average tacked on 23.57 points (0.15 percent) at 15,639.12.
The broad-based SandP 500 rose 6.29 points (0.36 percent) to 1,767.93, while the tech-rich Nasdaq Composite Index added 14.55 points (0.37 percent) at 3,936.59.
Dan Greenhaus, chief global strategist at BTIG LLC, characterised Monday's economic news flow as "dead" but said markets will likely take notice of Thursday's report on third-quarter gross domestic product and Friday's monthly jobs report for October.
"We've had a really nice run here and the market feels a little tired," Greenhaus said.
Tech companies Groupon (+6.4 percent) and Tesla Motors (+8.0 percent) rose ahead of earnings reports this week.
Dow component Merck was lifted 1.1 percent after announcing promising results in a trial for a vaccine that it said protects against the HPV virus that can lead to cervical cancer.
Another Dow component, Johnson and Johnson, dipped 0.4 percent after it agreed to pay US$2.2 billion to settle allegations of fraudulently marketing drugs and paying kickbacks to promote their sales.
Smartphone company BlackBerry spent the day trading in the red after announcing a new chief executive and scuttling plans to sell the company and instead receive a US$1 billion infusion. Shares ended 16.4 percent lower amid revived questions about the Canadian company's prospects
2013年10月5日星期六
Yun Fah Auto Services Cheating
This shop is located at manjalara Kepong. As last time I forgot to switch off the light and the car have run out of battery. And my car just park infont of this shop. After that I ask the boss to help me jump start and take about 30 second and the boss charge me RM 100 for the services. And did you think RM 100 is reasonable for 30 seconds simple jump start services ?
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