Skip to main content

Posts

Showing posts with the label Market Watch

Featured Post

Market Daily Report: Selective Buying Of Defensive Stocks Lifts Bursa Malaysia Higher At Close

 KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said consumer products and services stocks lifted the key index higher, overcoming lingering geopolitical concerns. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,715.56 from yesterday’s close of 1,712.48. The benchmark index, which opened 1.91 points higher at 1,714.39, moved between 1,710.79 and 1,720.59 during the day’s trading. In the broader market, gainers outstripped decliners 550 to 476, while 612 counters were unchanged, 1,129 untraded, and 48 suspended. Turnover rose to 2.96 billion units valued at RM2.48 billion from 2.94 billion units valued at RM2.56 billion on Tuesday.

Investor Who Snapped Up Netflix, Alphabet, Nvidia Now Eyes Bonds, Berkshire and More

  Key Takeaways Matt Shapiro of MWS Capital bought Netflix, Alphabet, and Nvidia at distressed prices earlier this year. He is now eyeing opportunities in  Microsoft, Apple, Berkshire Hathaway, Deere, Chevron, Boeing , and European luxury names. Shapiro is also adding  long-dated Treasurys, TIPS , and sees crypto as an eventual must-own on pullbacks. Matt Shapiro, a Chicago-based money manager overseeing  US$183 million at MWS Capital , is preparing for market pullbacks even as he remains bullish on “super companies” fueling S&P 500 profit growth. Earlier this year, Shapiro capitalized on what he called the first chance since 2022 to buy top-tier tech at bargain prices:  Netflix under $1,000, Alphabet at $165, and Nvidia at $100 . Those bets have since paid off, with Netflix closing at $1,200, Alphabet at $251, and Nvidia at $175 on Tuesday. Looking Ahead: Diversification Beyond Tech Shapiro told MarketWatch he is adding to  Microsoft and Apple , while ...

Market Daily Report (06 Jan 2015)

As crude oil slids further down to a new low since May 2009, the FBM KLCI follow suits with a drop of 1.15%.  As at time of writing of this post, the Brent crude oil was at US$51.57 a barrel while US crude oil was at US$48.81.  The FBM KLCI closed at 1,716.580 pts, a drop of 20.04 pts or 1.15%. With the oil price slump continued, analysts are not being too optimistic. TA Research chartist Stephen Soo told theedgemarkets.com that he did not see the market rebounding over the immediate term, and that it was possible the market could test new lows this year.   For the Top 10 Active, Top 10 Gainers and Top 10 Losers, you may find as below: Iris leads the Top active counter for the day United Plantation Bhd, DKSH Bhd, Ibraco Bhd and Muda Holdings Bhd are among the top 10 gainers today The decliners were lead by British American Tobacco (BAT), Syarikat Takaful Malaysia Bhd Regionally, market is also on a downtrend as oil pr...

Market Daily Report (05 Jan 2015)

It's the first Monday of 2015 and the market is already showing where it's going....DOWNTREND. FBM KLCI dropped 16.15 points as at 5pm today As the crude oil price continued to remain sluggish and the introduction of base rate, FBM KLCI responded in similar fashion, with a drop of 0.92% to close at 1,736.620 points. Oil price hit a 5 1/2 year low while Ringgit slump continued. Below are the top 10 gainers, top 10 losers and top 10 active for the day: Among the Top 10 Gainers are Panasonic, Hong Leong Bank, F& N, Carlsberg... Among the Top 10 Losers are British American Tobacco (BAT), Public Bank, PIE Industrial Bhd The most active counter for the day is Minetec With the oil prices and the Ringgit devalued even further, investors tend to get jittery about the possibility of another crisis happening, similar to what happened in 1998 although there are others who are optimistic about the future prospect in Malaysia and that the downtren...

Market Daily Report (02 Jan 2015)

FBM KLCI kick off the year with a decline of 8.48 pts to close at 1,752.770. FBM KLCI started the year 2015 with a slight drop The drop is about 0.48% as the oil price downtrend seems to continue. Brent crude continues to trade at sluggish levels of US$57 per barrel.  The top gainers for the day are as follow: Nestle Bhd close at 68.88, up 0.038, Lafarge Malaysia Bhd increase 0.3 to close at 10.06, Hong Leong Financial Group Bhd up by 28 cents to 16.80 while Allianze also by 28 cents to 11.70. Below is the top 10 gainers for the day: Top 10 Gainers On the other end, leading the top losers are British American Tobacco with a decrease of RM1.10 to close at RM64, Kuala Lumpur Kepong dropped about 80 cents to RM22, DanaInfra Retail Sukuk also drop 80 cents to RM100. Below are the TOP 10 Losers of the day. Top 10 Losers Below are the top 10 Active counters for the day: According to report from TheEdge, investors are still cautious as c...

Market Daily Report (30 Dec 2014)

As Brent crude oil prices hit a five and a half year low of nearly US$57 per barrel and the ringgit hit a near five year low of 3.5027 to the dollar, the FBM KLCI also slips 0.09% today and closes at 1,766.830. FBM KLCI closes at 1,766.830 There were 382 gainers against 402 decliners, while 304 counters remained unchanged. In our post earlier on the oil price slump , we were of the opinion that Bursa Malaysia would follow suit as per the declining trend of the oil price as we see a sharp drop. Today's top gainers: Hong Leong Capital Berhad, British American Tobacco Bhd and Apex Healthcare Bhd. The top decliners: Multi-Usage Holdings Bhd, Press Metal Bhd, and Aeon Co. Bhd. Hubline Bhd was the most actively traded stock for today. While the oil price dropped about 1%, the FBM KLCI only decline slightly at about 0.09%. This is most likely because of the support from the  local institutional investors. The holiday season also contribute to one of the re...

Market Daily Report (29 Dec 2014)

FBM KLCI continued to inch slightly higher, as the market closed at 1,768.41 points, up by 3.97 points.  Market closed slightly higher This happened despite the fact that the oil prices continued to remain sluggish while the ringgit remains weak. Among the top gainers are Asia File Corporation Bhd, Ibraco Bhd and Kuala Lumpur Kepong Bhd (KLK). On the other hand, Dutch Lady Milk Industries Bhd, Syarikat Takaful Malaysia Bhd and AirAsia were the top decliners.  As expected, AirAsia was also the top active counter today as the AirAsia Flight QZ8510 went missing . Many analysts are looking at AirAsia and expect to see some price weakness with the latest news.  The oil prices remained sluggish although it appeared to have stabilize while the ringgit seems to have near its bottom. It is important to note that the market lack of movement could be due to the holiday season. Many analysts are expecting to see the year end window dressing. Regionally...

Market Daily Report (23 Dec 2014)

FBM KLCI close slightly higher Year-end window dressing by fund managers seem to keep FBM KLCI on a slight gain today, an increase by 5 points, 0.29% higher. The local market is also boosted by the performance in US trade. Wall Street closed at historic highs while oil prices recouped just a little of the losses suffered when Saudi Arabia dismissed curbing supply. Top gainers are mainly consumer sector such as British American Tobacco, Dutch Lady  etc. Across the region, Hong Kong’s Hang Seng declined 0.32% while South Korea’s Kospi was down 0.21%. Japan markets were closed for a holiday.

Market Daily Report (22 Dec 2014)

Crude oil price seems to have recover and stabilize.  To a certain extend, this was in line with what we thought on December 13th in regards to the oil near bottom .  While I'm blogging this, the crude oil price (WTI) is at USD56.13 while the crude oil (brent) is at USD60.73 per barrel. It has dropped a bit but we personally feel that the oil price will not see any more sharp decrease. The market probably feels the same way as FBM KLCI climbed 28.06 points or 1.64% as investors bought beaten blue-chip stocks. FBM KLCI climbed 28.06 points (1.64%) today However, caution must be taken as there are analysts that feel that the crude oil (brent) might fall below USD60 per barrel, but we're quite close to that mark already anyway. The top gainers for today are Petronas Gas Bhd and consumers counters like Dutch Lady and Nestle. The top decliners are Icon and Hong Leong Bank Bhd.  Regionally, Japan's Nikkei 225 and Hong Kong's Hang Seng Index bo...

Market Daily Report (17 Dec 2014)

There is a sense of relief as FBM KLCI rebound after closing lower for 4 days. It is more of a technical rebound, with the index closed at 1,681.900, increased by 7.96 points. The technical rebound come as there is sign of stabilization in price of commodities and ringgit. The rebound is welcomed with a sign of relief after the FBM KLCI Index dropped 35.68 points on Monday (15/12/2014) and another 23.27 points on Tuesday (16/12/2014). The rebound happened as analysts believe the market is in an oversold condition. On the other hand, the Asian markets were mixed with Japan’s Nikkei rose 0.38%, Hong Kong’s Hang Seng retreated 0.37%, while South Korea’s Kospi fell 0.21%.  The current financial crisis in Russia, and the sharp decrease in the oil price has negatively impacted the market.

FBM KLCI falls 11.58 pts

Expect the similar story these days if you are following the market. There isn't much indication of a rebound and with the oil price continue to go down, FBM KLCI continues to fall.  FBM KLCI drop by 11.58 pts to 1,732.990 Today, the market close at 1,732.99, falls by 11.58 pts. This is also the lowest close for the index in the last 6 months. Reports have emerged that the US crude futures continued to drop, after it has fallen below US$60 a barrel. This is the first time that it happened in 5 years.  Sapura Kencana Petroleum Malaysia is one of the top decliners. Other top decliners include Astro Malaysia Holdings Bhd, Petronas Gas Bhd, F&N Holdings Bhd, and Selangor Properties Bhd.  Malaysia Airline System Bhd (MAS) was the top active counter for the day on it's final trading day. Investors scrambled MAS shares, as today offered the last chance for buyers to own the shares, which will entitle them to the 27 sen a share privatisation offer by Khazana...

Market Daily Report (11 Dec 2014)

The FBM KLCI continued the downtrend this week to close at 1744.57. In comparison to last Friday (05 Dec 2014) , the FBM KLCI was at 1749.30. There is still a slight drop in the market as oil price continue to decline. Bursa Malaysia's top decliners are still the oil & gas related stocks like Petronas Dagangan Bhd and Petronas Gas Bhd. It is obvious that the market is taking cue from how the movement of oil price is at the moment. The market is still very volatile and it's difficult to foresee how the movement of the stock will go at the moment, but if the oil price were to continue in this decline, it's pretty obvious that's where the stock market will be heading as well. Across Bursa, there are 629 decliners with only 178 gainers. Expect the market to remain volatile in this coming few days

INTC Share Watch and News

Stock Info Market Monitor Company Profile Intel Corporation designs, manufactures, and sells integrated circuits for computing and communications industries worldwide. It offers microprocessor products used in notebooks, netbooks, desktops, servers, workstations, storage products, embedded applications, communications products, consumer electronics devices, and handhelds. The company also offers system on chip products that integrate its core processing functionalities with other system components, such as graphics, audio, and video, onto a single chip. It also provides chipset products that send data between the microprocessor and input, display, and storage devices, such as keyboard, mouse, monitor, hard drive, and CD or DVD drives; motherboards that has connectors for attaching devices to the bus, and products designed for desktop, server, and workstation platforms; and wired and wireless connectivity products, including network adapters and embedded wireless cards used to translat...