Singapore Stock Exchange

BURSA MALAYSIA : KLCI Technical Analysis 12 Aug

Alex Gray
Publish date: Tue, 12 Aug 2014, 08:04 PM
Alex Gray
0 413
It is the high time to make the most of your surplus money. We offers free real time tips and recommendations for Stock Market, Forex, Commodity, Live Stock Market Data and more. invest with our tips and enjoy bigger profits on your small investment.
simply leave a contact no and email address or take a free trial now.
Following Message
Market Review for KLCI:
KLCI was opened slightly 2 points down. The local bourse was mainly supported by buying in penny stocks, which resulted in a higher total volume against the total value traded for today. Late buying helped push the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) on Bursa Malaysia to close marginally higher today, marking gains for the second consecutive days. Malaysia's economic outlook in the second half of this year remained positive, driven by a good momentum of economic growth.
KLCI Day Performance
Open
1847.98
High
1850.53
Low
1846.88
Close
1850.39
Change(Points)
1.070
% Change
0.06%
Volume
3012.1M
Rise
381
Fall
452
Unch
1445
Market forecast for KLCI:
Market performed well today and closed higher in green market. It is anticipated to open tomorrow nearby 1850 on support of previous levels.
KLCI LEVELS
Support 1
 Support 2
 Support 3
 Resistance 1
 Resistance 2
 Resistance 3
1821
 1804
 1779
 1861
 1882
 1896
Technical indicators:RSI stood below the centre line at 37.059 with its CCI at -178.682. Difference line of MACD performed at -7.148 below its signal line which performed at -3.101
Top Gainers
Top Losers
Scrip Name
 CMP
 %change
 Scrip Name
 CMP
 %change
PETGAS.KL
 21.7
 1.78
 MISC.KL
 6.59
 -1.64
HLBANK.KL
 14
 0.86
 HLFG.KL
 17.1
 -1.04
IHH.KL
 4.76
 0.63
 UEMS.KL
 2.04
 -0.97
CIMB.KL
 6.92
 0.58
 PCHEM.KL
 6.6
 -0.9
UMW.KL
 11.66
 0.34
 FGV.KL
 3.97
 -0.75
Economic Factors:
  • Late buying helped push the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) on Bursa Malaysia to close marginally higher today, marking gains for the second consecutive days.
  • Malaysia's economic outlook in the second half of this year remained positive, driven by a good momentum of economic growth.
  • Crude palm oil (CPO) stocks in August to increase on the back of production recovery. The long-term CPO price uptrend remained intact due to sustainable demand seen from the sector despite the palm oil exports being affected by China's demand.
  • The ringgit closed higher against the US dollar today in line with most emerging Asian currencies.
  • The Malaysian rubber market closed lower yesterday on lack of demand. The rubber inventory in warehouses had dipped by 0.3 per cent week-on-week, the positive sentiment was countered by limited gains resulting from a drop in other industrial commodities on the Tokyo Commodity Exchange and the strengthening of the ringgit.
More articles on Singapore Stock Exchange
1MDB: Goldman Sachs faces suit over ties to Malaysian fund

Created by Alex Gray | Jul 27, 2016

KLCI Malaysia Market Review & Tomorrow Forecast

Created by Alex Gray | Jul 26, 2016

Weekly Wrap of KLCI And Forecast for Week Ahead

Created by Alex Gray | Jul 08, 2016

Malaysia Market: Companies That May Be In Focus On Friday

Created by Alex Gray | Jul 06, 2016

EURCAD‬: CAN GO ANY SIDE

Created by Alex Gray | Jun 30, 2016

Malaysia Inflation Rate at 13-Month Low

Created by Alex Gray | Jun 18, 2016

EUR/USD Fundamental Forecast - May 24, 2016

Created by Alex Gray | May 24, 2016

KLCI Will Rose on Tuesday- Malaysia Stock Market Forecast

Created by Alex Gray | May 23, 2016

Malaysia's KLSE Stock Market Forecast for Friday, 20 May 2016

Created by Alex Gray | May 19, 2016

Market Forecast for KLCI Malaysia: Thursday, 19 May 2016

Created by Alex Gray | May 18, 2016

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment