Archive for June, 2012

Need for all-round vibrancy

Saturday, June 30th, 2012

THE local stock market has had a great run thus far this month, though one thing lacking is vibrancy in the marketplace. High-beta stocks faded away in the hazy-filled month, while blue chips surged, sometimes erratically without much notice. On June 15, some big-capitalised stocks came out to party, with Nestle (Malaysia) Bhd leading the […]

Another milestone for BMW

Saturday, June 30th, 2012

KUALA LUMPUR: BMW Group Malaysia has unveiled the third variant of the BMW 6 Series, the Gran Coupe, joining its coupe and convertible siblings. Malaysia is the first country in Asia to unveil the four-door Gran Coupe, BMW Malaysia officials said. Outgoing BMW Malaysia president Geoffrey Briscoe is confident that the new model will boost […]

KL steadier in line with Asian peers

Saturday, June 30th, 2012

The key index rose 4.91 points to 1,599.15 after opening 0.20 point better at 1,594.53. Dealers said European leaders unexpectedly agreed measures to ease the region’s debt crisis and bank problems which lifted market sentiment globally. The Finance Index added 26.14 points to 14,240.98, Plantation Index increased 50.17 points to 8,484.06 and the Industrial Index […]

FBM KLCI consolidates gains, slips below 1,600

Saturday, June 30th, 2012

THE FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) failed in its bid to stay decisively above its overhead support of 1,600, failing to move in tandem with the better performances on regional stock markets. The index closed at 1,599.15 yesterday, giving a week-on-week loss of 3.92 points, or 0.24 per cent. The FBM […]

29 Jun Tech Screener – Consecutive OverSold days, Sorted : No of Consecutive Oversold Days

Saturday, June 30th, 2012

Stock are screener base on 1 criteriaa) K <20% Sorted By No of consecutive days in over sold position > 4 days Stock progress can be tracked using the Stock Tracker Tool. Interesting counters FOCUSFLONICDSCSOL Will update the progress of these stock to verify the effectiveness of the screener below Technical Screenerhttp://wahsei.com/sharemarket/index.php?topic=671.0 Lowyat.NET: Latest topics […]

Gabungan AQRS to raise RM73.1m

Saturday, June 30th, 2012

CONSTRUCTION and property development group Gabungan AQRS Bhd is raising RM73.1 million from its listing on Bursa Malaysia’s Main Market. Chief executive officer Alvin Ng Chun Kooi said about RM30.46 million would be allocated for working capital, RM25 million to buy land, RM12 million to buy a corporate headquarters and the remaining RM5.7 million for […]

Research houses optimistic on FGV

Saturday, June 30th, 2012

The stock was traded between RM5.25 and RM5.35 and ended the day two sen higher at RM5.32, with more than 38 million shares changing hands. Meanwhile, at press time, data compiled by Bloomberg revealed that all four research houses are optimistic on FGV’s prospects. Public Investment Bank Bhd, Affin Securities Sdn Bhd, ECM Libra, TA […]

KSL awaiting nod for project

Saturday, June 30th, 2012

PROPERTY developer KSL Holdings Bhd is yet to receive building approval for its proposed 10-storey high-end condominium development in Jalan Madge off Jalan U-Thant, Kuala Lumpur. The project has been on KSL’s plans as far back as 2010, a company official said, who declined to put a timeline on the possible approval. KSL first obtained […]

Airbus A380 spearheads MAS fleet rejuvenation

Saturday, June 30th, 2012

BY the end of this year, Malaysia Airlines will have one of the youngest fleets among carriers in the whole of Southeast Asia, with aircraft not more than seven years old. MAS group chief executive officer Ahmad Jauhari Yahya said this was largely contributed by the 17 new aircraft that it plans to get by […]

Future money spinners

Saturday, June 30th, 2012

Previously, teenagers and young adults were sidelined when banks marketed their consumer products such as credit cards or home loans. This is because they don’t have a regular stream of income or their monthly pay does not make them eligible to apply for the products. Most banks only had basic savings accounts for youngsters such […]