Bursa Malaysia Outlook

Top 58 Market Outlook Latest News Alerts.

Malaysia Shares End +0.2; 1395 Resistance Eyed - (31 Jul 2010)

[Updated] Malaysia shares end higher for sixth consecutive session; benchmark KLCI +0.2% at 1360.92. Local dealer says market trading within narrow range for most of day but "this is a good base for further gains next week." OSK Research technical analyst Shin Kao Jack keeps bullish outlook on KLCI

Redeveloping Kampung Kerinchi - (31 Jul 2010)

THE rapid development of Bangsar South City in Kampung Kerinchi by UOA Group is now changing the landscape of the area that used to be a slum with squatters.

Treasury Pulse - (31 Jul 2010)

Saturday July 31, 2010. Treasury Pulse. Global Foreign Exchange Market. Suddenly, sentiments turned positive for Europe after being ridden by months of crisis following its fiscal woes.Relief finally came after the European bank stress test results revealed that only seven banks failed while the estimated amobusiness.

Kia Q2 profit beats analystsâ estimates - (31 Jul 2010)

SEOUL: Kia Motors Corpâs quarterly net profit rose 61%, beating estimates as the No. 2 automaker in South Korea enjoyed brisk sales of newly launched models.

Fortunes diverge for UK house prices and economy - (31 Jul 2010)

LONDON: After marching to the same tune for the past decade, Britainâs property market and its economy are going separate ways, and further house price falls look likely into 2011 even if the recovery broadens.

Bullish bias intact - (31 Jul 2010)

REVIEW: News of General Electric raising its quarterly dividend by 20% delivered a shot of confidence to US investors, pushing the Dow up 102.32 points to 10,424.62. A spike in crude oil prices to above US$79 per barrel and the stress tests result, showing most European banks passed the examination also stoked a

Samsung Electronics sees weak profit after record Q2 - (31 Jul 2010)

SEOUL: Samsung Electronics, the worldâs No.1 memory chipmaker, warned of weaker margins and profit growth after posting record quarterly earnings, as prices of chips and flat screens drop and smartphone competition grows.

Outlook for KL bourse still bullish: OSK - (31 Jul 2010)

Malaysian shares are expected to trade higher with the key market barometer hovering between 1,350 and 1,395 points.

However, dealers said any gains next week would be capped by some profit-

FBM KLCI breaches key resistance level - (31 Jul 2010)

THE FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) staged another follow-through rebound for the week just ended yesterday. It continued to stay above its psychological resistance of 1,30

KL bourse higher on blue-chip buying - (31 Jul 2010)

At the close, the FBM KLCI rose 2.51 points or 0.19 per cent to close at a new two-year high of 1,360.92.

The benchmark index opened 0.90 point lower at 1,357.51 in the morning and traded

Treasury Prices Rally On GDP Data; Post Weekly, Monthly Gains - (30 Jul 2010)

(Adds swap spreads and price table.) By Min Zeng Of Updated NEWSWIRES NEW YORK (Updated)--The Treasury market posted a broad price rally Friday, sending the two-year note's yield to a record low of 0.539%, after a government report show

= MARKET COMMENT:European Shares End Lower But Gain 5% In July - (30 Jul 2010)

By Sarah Turner LONDON (Updated)--European shares ended lower on Friday, as disappointment over the slowdown in U.S. economic growth prevailed and offset earnings-related gains from French corporate giants Alcatel-Lucent and EADS. The St

US Stock Futures Fall After 2.4% Rise In 2Q GDP; IA Off 70 - (30 Jul 2010)

By Donna Kardos Yesalavich Of Updated NEWSWIRES NEW YORK (Updated)--U.S. stock futures fell Friday after data showed the U.S. economy slowed in the second quarter and the government said the recession was deeper than earlier believed, adding to

BEFORE THE BELL: US Stock Futures Drop Ahead Of US GDP Data - (30 Jul 2010)

By Polya Lesova Investors' nerves were on edge Friday ahead of the release of U.S. second-quarter economic growth data, as futures pointed to opening losses on Wall Street. Futures on the Updated Industrial Average dropped 33 p

Hitachi climbs to profits on Asian demand - (30 Jul 2010)

TOKYO: Hitachi Ltd., a maker of everything from home appliances to nuclear reactors, returned to profit last quarter as strong Asian demand fueled recovery in the auto and electronics sectors.

France's Total Q2 profit up 43% - (30 Jul 2010)

PARIS: French oil company Total SA said Friday its second-quarter profit jumped 43 percent thanks to rising production and improving refinery activity after a rough 2009, and said it is reviewing drilling and accident policies after the BP spill.

Renault returns to profit in second quarter - (30 Jul 2010)

PARIS: Renault SA said Friday it returned to profit in the second quarter, beating market forecasts, as higher car sales in all regions helped reverse massive losses a year earlier.

EADS said Friday Q2 net profit declined 61% - (30 Jul 2010)

PARIS: EADS NV, the parent company of plane-maker Airbus, on Friday raised its outlook for 2010 - despite a 61 percent drop in second quarter earnings - as its commercial aviation business takes off.

Renault swings back to profit in Q2 - (30 Jul 2010)

PARIS: Renault SA says it returned to profit in the second quarter as higher car sales in all regions helped reverse massive losses a year earlier.

SC says it will act if Aldwich found breaching laws - (30 Jul 2010)

PETALING JAYA: The SecuritiesCommission (SC) is examining the bond filings of Aldwich Bhd and will act if it finds any breaches to its laws and guidelines.

Alliance Bank aims for higher return on equity - (30 Jul 2010)

KUALA LUMPUR: Alliance Bank Malaysia Bhd expects to achieve its target of 16% return on equity (ROE) in 12 to 18 months, in line with the ROE industry average of 14% to 16%, said group chief executive officer and director Sng Seow Wah.

Sâpore central bank sees rising prices, moderating growth - (30 Jul 2010)

SINGAPORE: Singapore’s economic growth will moderate in the second half while prices will rise faster, the central bank said yesterday, while making clear it remained comfortable with its current monetary policy.

SK Telecom Q2 profit up 5% - (30 Jul 2010)

SEOUL: South Korea’s top mobile carrier SK Telecom Co reported a 5% rise in quarterly profit yesterday, helped by increased data use by smartphone subscribers and reduced marketing spending. The company faces a tougher outlook as it offers generous incentives and service plans to retain customers.

FBMKLCI hits new two-year high - (30 Jul 2010)

The FBM KLCI closed higher for the sixth straight day today, helped by last minute buying in selected heavyweights and rotational plays on lower liners, dealers said.

At 5pm, the FBM KLC

AAM eyes 2,000 new members per month - (30 Jul 2010)

The Automobile Association of Malaysia (AAM) is eyeing up to 2,000 members per month for its newly launched Elite Femme Card, an emergency and breakdown assistance programme, exclusively for wome

US consumer, energy stocks on Saturna's list - (30 Jul 2010)

US CONSUMER and energy stocks offer good buying opportunities to Malaysian Islamic investors seeking exposure to global emerging market growth, a fund manager said yesterday.

Offshore oi

= Asian Shares End Mostly Down;Strong Yen Weighs Japan Exporters - (29 Jul 2010)

SINGAPORE (Updated)--Asian markets mostly declined Friday after a sluggish finish on Wall Street, with Japanese shares particularly hit hard as a strong yen dragging down most exporters despite upbeat results from blue-chips such as Sony Corp. Th

BEFORE THE BELL: US Stock Futures Down Before US GDP Data - (29 Jul 2010)

By Polya Lesova Investors' nerves were on edge Friday ahead of the release of U.S. second-quarter economic growth data, with Wall Street set for opening losses. Futures on the Updated Industrial Average dropped 40 points to 10

= ASIA G3 BOND OUTLOOK: Asian Bond Rally Has Room To Run - (29 Jul 2010)

By Aries Poon Of Updated NEWSWIRES HONG KONG (Updated)--The rally in the Asian dollar bonds will probably run for another couple of months, bankers at Citigroup Inc. (C) said, citing a re-emergence of high-yield paper issuance,

BMD CPO Rebounds From Lows On Improved Exports - (29 Jul 2010)

[Updated] BMD CPO futures rebound on improving export outlook; shipping executive in Malaysia says exports this month likely up 3%-5% on month at 1.39 mln-1.42 mln tons; limits fall in prices, says analyst in Kuala Lumpur. Benchmark October contract MYR2

Ivory hopes to expand to KL soon - (29 Jul 2010)

KUALA LUMPUR: Penang-based Ivory Properties Group Bhd, which made a strong debut on the Main Market of Bursa Malaysia yesterday, hopes to expand its operations to Kuala Lumpur in the near future, said its chairman and group chief executive officer Datuk Low Eng Hock.

for KL office market remains soft - (29 Jul 2010)

PETALING JAYA: The Kuala Lumpur office market is expected to remain soft for at least the next six months, with average rental rates facing downward pressure, including for some prime office buildings, property consultants said.

Kiwi central bank Thursday raised interest rate - (29 Jul 2010)

WELLINGTON, New Zealand: New Zealand's central bank raised its key interest rate by 25 basis points to 3.0 percent on Thursday, but said the rate of future rises might be slower than previously anticipated.

MARC downgrades ratings on Hytex - (29 Jul 2010)

KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has downgraded its ratings on Hytex Integrated Bhd’s RM100mil murabahah underwritten notes issuance facility/Islamic medium term notes (MUNIF/IMTN) to MARC-4ID/B+ID from MARC-3ID/BBB-ID.

Stocks: US end 4-day win streak, Europe mixed, Asia up - (29 Jul 2010)

NEW YORK: Investors cashed in some of their recent gains Wednesday after the Federal Reserve gave them more confirmation that the economic recovery is slowing.

RAM Ratings assigns AAA rating to Selia Selenggara Senior Bonds - (29 Jul 2010)

PETALING JAYA: RAM Ratings has assigned an enhanced rating of AAA(bg), with a stable outlook, to Selia Selenggara Selatan Sdn Bhdâs RM170mil Senior Secured Serial Bonds (2004/2014).

Alliance eyes 16pc return on equity - (29 Jul 2010)

Alliance Financial Group aims to achieve a 16 per cent return on equity (ROE) in line with the industry's benchmark, said its chief executive officer, Sng Seow Wah.

"The average industr

Sumitomo Mitsui Q1 net nearly triples - (29 Jul 2010)

TOKYO: Japanese megabank Sumitomo Mitsui Financial Group (SMFG) yesterday posted a net profit of 212 billion yen (100 yen = RM3.64) for the first quarter ended June, nearly triple the amount

NEC still in red, Sanyo in the black - (29 Jul 2010)

TOKYO: Japanese electronics firm NEC Corp said yesterday its net loss deepened from a year earlier for the three months to June because of a reorganisation of its semiconductor business.

Aldwich bondholders worry over probe - (28 Jul 2010)

PETALING JAYA: Holders of the RM201mil senior tranche of Aldwich Bhd bonds are concerned about an ongoing police investigation into the company and want to know the outcome of the case.

Petronas Dagangan allocating RM500mil capex this year - (28 Jul 2010)

KUALA LUMPUR: Petronas Dagangan Bhd is allocating RM500mil for capital expenditure (capex) for the current financial year 2010/2011 from RM400mil in the last financial year, according to managing director/chief executive officer Amir Hamzah Azizan.

Sustainable global demand growth likely for commodities - (28 Jul 2010)

KUALA LUMPUR: A sustainable global demand growth has been projected for the commodities markets due to industrialisation and urbanisation of developing and emerging markets.

MARC downgrades Hytex's RM100m notes - (28 Jul 2010)

Malaysian Rating Corporation Bhd (MARC) has downgraded its ratings on Hytex Integrated Bhd''s RM100 million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes (MUNIF/IMTN) t

US stocks mixed with Dow inches up - (28 Jul 2010)

NEW YORK: The US stock market was mixed Tuesday, with the Dow Jones Industrial Average inching higher for a fourth straight session of gains built on solid company earnings.

The

Demand for commodities to keep growing - (28 Jul 2010)

THE global demand for commodities will continue to grow for the next 10 years as more people move to cities and countries to seek further development.

"The commodities market will be driven b

SGX: Financial stocks lead gains - (28 Jul 2010)

STOCKS closed 0.4 per cent higher, hovering at three-month highs, at 2,979.38 points.

Banks led gains in Singapore as a robust macroeconomic outlook suggested strong quarterly results for th

Australiaâs QBE H1 forecast disappoints - (27 Jul 2010)

SYDNEY: QBE Insurance, Australiaâs top insurer by premium, yesterday flagged a 40% fall in first-half net profit on equity losses and a lack of one-off gains, disappointing investors who knocked its shares down 6.5%.

Renewed optimism spurs mart to new high - (27 Jul 2010)

Dealers said that the local market along with most other markets in the region was boosted by renewed optimism over the health of the global economy after most European banks passed stress tests and t

Petronas Dagangan allocates RM500m capex - (27 Jul 2010)

Petronas Dagangan Bhd has set aside RM500 million as capital expenditure (Capex) for the current financial year 2010/2011, says its Chairman Datuk Anuar Ahmad.

The bulk of the capex or 75-85

'SMEs confident and ready to invest' - (27 Jul 2010)

The HSBC's Small Business Confidence Monitor survey revealed that 42 per cent of small and medium-sized enterprises (SMEs) in Malaysia are planning to increase their capital expenditure (CAPEX) i

FedEx raises earnings outlook - (27 Jul 2010)

NEW YORK: In another sign of confidence for the global economy, FedEx Corp has raised its earnings outlook for the current quarter and full year.

The world's second largest package d

Ringgit gains on growth signs, Europe tests - (26 Jul 2010)

The ringgit traded near a two-week high after concerns about Europe bank stress ebbed and economic data signal Asia’s recovery is gathering pace.

The currency added to a 1 per cent gain

Ancom may test overhead resistance - (26 Jul 2010)

SHARE prices on Bursa Malaysia rebounded for the third consecutive week, with the benchmark FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) continuing to stay above its critical support

KL bourse's upward momentum intact - (26 Jul 2010)

The local stock market extended gains for a third week, shored up by recently listed small-cap stocks, especially in the consumer sector, which rose sharply as investors returned to bargain hunt after

ETFs: To invest or not to invest? - (26 Jul 2010)

EXCHANGE-Traded Funds (ETFs) have been mushrooming on foreign stock markets, attracting billions of dollars from keen investors wanting to gain exposure to the broad market or to emphasise a certain s

Ratings agencies threaten Hungary with downgrade - (26 Jul 2010)

Two top ratings agencies said on Friday they might downgrade Hungary's sovereign debt after its prime minister snubbed the IMF and rejected austerity measures in favor of a pro-growth policy.

CORRECT: ASIA FUND POLL:Managers Focus On Asian Demand, Eye Indonesia, India Stks - ()

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