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Showing posts with label Stock trading Counter. Show all posts
Showing posts with label Stock trading Counter. Show all posts

Tuesday, 24 January 2017

Big blow to Malaysian commodities, especially palm oil.

Related image
US President Donald Trump’s signing of the executive action to withdraw from the TPP.

Multi Management and Future Solutions Malaysia: US President Donald Trump's marking of the official activity to pull back from the TPP yesterday is a major hit to Malaysian wares, particularly palm oil. 

Manor Industries and Commodities Minister Datuk Seri Mah Siew Keong said Trump's choice will affect the Malaysian government's objective of creating up to RM20 billion from the offer of unrefined palm oil to the 12-part TPP aggregate by 2021. 

He said that at present, the nation produces RM13 billion from the offer of palm oil to the 12 nations in the TPP aggregate, even without the conclusion of the TPP. 

The RM20 billion projection depended on the supposition that American taxes against palm oil would have been expelled once the US turned into a signatory to the Trans-Pacific settlement. 

In spite of the mishap, Mah said that he expects the fare of palm oil to grow 5-8 for every penny this year, and that the normal cost will hit RM2,700 per metric ton in 2017. 

The figures depend on Malaysia's forceful push for palm oil in nations like India, and in addition the arranged FTA with Iran, which will open up the Malaysian ware to an extensive new market. 


Mah was talking today at the 'nineteenth Malaysia Strategic Outlook Conference 2017' sorted out by Asian Strategy and Leadership Institute (ASLI).

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      Saturday, 21 January 2017

      10 Highest-Yielding Blue Chips In Malaysia

      Image result for Dividend payers.
      Bursa Malaysia, which is home to many Dividend payers.

      Kuala Lumpur Composite Index (KLSE: ^KLSE) Average dividend yield of 2.7%

      1. Malayan Banking Berhad (KLSE: 1155.KL; KLSE: MAYBANK) dividend yield of   7.7%

      2. AMMB Holdings (KLSE: 1015.KL; KLSE: AMBANK) dividend yield of 4.6%

      3. Public Bank (KLSE: 1295.KL; KLSE: PBBANK) dividend yield of 2.8%.

      4. British American Tobacco Malaysia (KLSE: 4162.KL; KLSE: BAT) dividend yield of 5.7%

      5. YTL Corporation (KLSE: 4677.KL; KLSE: YTL) dividend yield of 5.7%

      6. Telekom Malaysia (KLSE: 4863.KL; KLSE: TM) dividend yield of 5.1%

      7. DiGi.com (KLSE: 6947.KL; KLSE: DIGI) dividend yield of of 4.2%

      8. Maxis Berhad (KLSE: 6012.KL; KLSE: MAXIS) dividend yield of 3.3%

      9. Astro Malaysia Holdings (KLSE: 1015.KL; KLSE: ASTRO) dividend yield of  4.4%

      10. Nestle (Malaysia) dividend yield of 3.8%


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      Wednesday, 18 January 2017

      Ekovest Bhd Get's RM6.32 billion contract to build a 75.2km Highway linking Kuala Lumpur to Kapar in Selangor.

      Ekovest Bhd Expected to provide Vital connectivity and Direct linkage for Movements and Seamless Travelling Says Good Stocks!!!
      Related image
      Multi Management and Future Solutions Malaysia: Ekovest Bhd won a RM6.32 billion contract tobuild a 75.2km expressway connecting Kuala Lumpur to Kapar in Selangor. 

      Its unit Lebuhraya DUKE Fasa 2A Sdn Bhd (LDF2A) has gotten rule endorsement from the administration for the privatization of Kampung Baru Link, Istana Link and Kapar Link Expressway. 

      The venture was relied upon to give indispensable availability and direct linkage for developments and consistent going in and around Kuala Lumpur City Center and the Klang Valley, said Ekovest in a documenting to Bursa Malaysia yesterday. 

      The evaluated add up to cost is relied upon to be financed through inside created assets, borrowings as well as other gathering pledges works out. 

      The rule endorsement by the legislature couldn't be viewed as authoritative until the execution of the significant assention between the administration and LDF2A, said Ekovest. 

      The venture is likewise subject to further terms and conditions to be consulted between the legislature and LDF2A. 

      Ekovest said it would make the fitting declaration to Bursa Malaysia as and when there was a material improvement in connection to the venture. 


      Its share costs rose nine sen to RM2.52 at the market shutting yesterday.

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          Monday, 16 January 2017

          New airline under Project Hope, which will Serve Umrah and Haj Pilgrims using its existing six Airbus A380 aircraft.

          The new airline, yet to be named, will be "MAG" fourth passenger airline after MAS, Firefly and MASwings.
          Image result for Malaysia Aviation Group (MAG)
          Multi Management and Future Solutions Malaysia: Malaysia Airlines Bhd (MAS) is prepared to kick-begin another carrier under Project Hope, which will serve umrah and haj explorers utilizing its current six Airbus A380 air ship. 

          The new aircraft, yet to be named, will be Malaysia Aviation Group's (MAG) fourth traveler carrier after MAS, Firefly and MASwings. 

          MAS assemble overseeing chief and CEO Peter Bellew said the new venture would make 700 occupations in Malaysia as the carrier would require 150 pilots, 350 lodge group individuals and also upkeep and bolster staff. 

          The aircraft won't be claimed by MAG for the long haul as it is open available to be purchased to intrigued purchasers. 

          "We'll bring forth it (new aircraft) under MAG however it doesn't really imply that it'll everlastingly be claimed by MAS. 


          "We have had request from intrigued financial specialists abroad and inside Malaysia," said Bellew.

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              Monday, 20 June 2016

              Asia stocks gain as Brexit fears ebb slightly, safe-havens retreat


              secure-haven property and currencies like gold, authorities bonds and the yen retreated.
              MSCI's broadest index of Asia-Pacific stocks out of doors Japan (MIAPJ0000PUS) rose 1 percentage.
              Australian stocks (AXJO) delivered 1.2 percentage and South Korea's Kospi (KS11) rose 1.1 percent.
              Japan's Nikkei (N225) climbed extra than 2 percent, helped by a retreat in the lately bullish yen.
              "individuals who have been threat averse are reversing their positions," said Yoshinori Shigemi, worldwide marketplace strategist at JPMorgan (NYSE:JPM) Asset control in Tokyo.
              "Sentiment changed into extraordinarily bad closing week, but it's getting better now, though we should not be overly positive."
              3 British opinion polls beforehand of the european club referendum on June 23 confirmed the "continue to be" camp recovering a few momentum, although the general picture remained certainly one of an calmly split citizens.
              global markets, buffeted this month by Brexit woes, had a breather at stop of ultimate week from a 3-day suspension in British campaigning following the fatal assault on lawmaker Jo Cox, a sturdy supporter of britain staying in the ecu.
              "it is tough to assume the market's calmer tone to end final week is going to be an ongoing theme this week, mainly as Brexit campaigning and the release of opinion polls has resumed once more," wrote strategists at ANZ.
              "To be fair, the unhappy homicide of uk politician Jo Cox may additionally see the rhetoric from both camps get toned down particularly. however markets will nonetheless, no question, swing approximately with movements in opinion polls, just as they did final week."
              The pound in the meantime climbed 1.6 percent to $1.4589 , extending a restoration from last week's two-month trough of $1.4013. It jumped 1.9 percentage to 152.42 yen (GBPJPY=R), pulling properly far from a three-12 months trough of one hundred forty five.34 set on Thursday. [FRX/]
              The euro rose 0.7 percent to $1.1360 .
              The secure-haven yen, which had soared to a 22-month high of 103.555 in keeping with greenback final week on Brexit woes, pulled again. The greenback became up zero.five percent at 104.630 yen .
              The Australian dollar, visible as a difficult measure of risk sentiment, changed into up 0.6 percentage at $0.7442 to place similarly distance among a two-week trough of $0.7286 touched late closing week.
              The greenback index (DXY) touched an eleven-day low of 93.563 because the dollar gave again floor against most of its most important peers, apart from the yen.
              Dovish comments from St. Louis Fed President James Bullard on Friday also weighed at the U.S. foreign money.
              In commodities, crude oil costs extended profits as easing Brexit worries and a weaker dollar helped the commodity after six immediately days of declines. [O/R]
              U.S. crude (CLc1) won zero.nine percent to $forty eight.forty two a barrel and Brent crude (LCOc1) became up zero.7 percent at $49.fifty two in step with barrel.
              Gold fell because the modern day ebb in threat aversion dented investor demand for secure-haven property. Spot gold changed into down 1.2 percentage at $1,282.seventy three an oz., hiking down from a near two-yr high of $1,315.fifty five scaled closing week.
              The U.S. Treasury 10-year note yield (US10YT=RR) rose to as excessive as 1.6610 percentage, pulling returned sharply from a four-12 months low of one.5180 plumbed on Thursday. the 10-12 months jap government bond yield also hovered considerably above a record low touched ultimate week.
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