KLCI Market Review

Market Review for KLCI Market:-
The FTSE Bursa Malaysia KLCI lost 5.11 points or 0.32%. The Finance Index fell 0.80% to 13818.23 points, the Properties Index dropped 0.68% to 1158.57 points and the Plantation Index rose 0.23% to 6987.07 points. The market traded within a range of 9.72 points during the session. The KLCI closed lower at 1603.32 points with a high of 1604.94 and a low of 1595.22 as overnight losses in US Market following Fed rate hike uncertainties. Market sentiment was cautious on concerns over global economic growth and decline in ringgit

Market forecast for Tomorrow:-
The KLCI index is expected to trade positive in coming trading session as technically it have taken the support at 1594 if the market dose not crossed the level of 1594 then it can trade with bullish sentiments.

KLCI lowers down with 6.58 points to 1,608.43.

Kuala Lumpur Composite Index slipping 6.58 points to 1,608.43.Some 1.64 billion lots, valued at RM1.55 billion were traded. Losers outnumbered gainers 412 to 366

Weekely Update of KLCI:-

KLCI market starts  with bearish movement and with a weekly loss of 54.44 points.  KLCI moved within the range of 1661.95 to 1603.02.On Friday The KLCI closed higher at 1615.01 points despite overnight losses in U.S market. However market breadth was negative after ringgit headed for its biggest weekly declined. The Finance Index fell 0.23% to 13979.72 points, the Properties Index up 0.25% to 1160.99 points and the Plantation Index rose 0.19% to 6945.61 points. The market traded within a range of 14.42 point during the session.

Market Forecast For Another Week:-

We are expecting the market to trade sideways in coming week, however it is taking support at 1600 if the market founded fresh leads it can move positive and end the week with bullish sentiments.

The KLCI closed down at 1635.37 points due to fall of southeast asian stock

Today's KLCI Market Review
The FTSE Bursa Malaysia Kuala Lumpur Composite index lost 4.10 points or 0.25% . The Finance Index fell upto 0.45% to 14189.02 points, the Properties Index up 0.24% to 1158.54 points and the Plantation Index down 0.15% to 6994.46 points. The market traded within a range of 13.17 points. The KLCI closed down at 1635.37 points more than one-week low as Southeast Asian stock markets mostly fell. Market sentiment remained bearish after ringgit continues to slide and as crude oil prices dropped.

KLCI COUNTER SPECIFIC NEWS:-
1.Malaysia Development  has expressed disappointment with Bank Negara Malaysia Governor  who apparently singled out the strategic development company for the ringgit's weakness.
 2. Foreign selling of Malaysian equities continued for the second day Tuesday with net selling at –RM185.5mil while the market was supported by local funds with local retailers nibbling.
 3. Iris Corp  expects to see better performance for its financial year ending March 31, 2016 , mainly driven by its trusted identification division, housing project in Papua New Guinea . 
4. JAKS Resources  has secured US$1.402 billion (RM5.82 billion) in financing to partly fund the construction of a coal-fired thermal power plant project (IPP project) in Hai Duong province, Vietnam.

The FTSE Bursa Malaysia Kuala Lumpur Composite index lost 4.10 points

Today's Market Review:-
The FTSE Bursa Malaysia Kuala Lumpur Composite index lost 4.10 points or 0.25% on Tuesday. The Finance Index fell 0.45% to 14189.02 points, the Properties Index up 0.24% to 1158.54 points and the Plantation Index down 0.15% to  6994.46 points. The market traded within a range of 13.17 points.
The KLCI closed down at 1635.37 points more than one-week low as Southeast Asian stock markets mostly fell. Market sentiment remained bearish after ringgit continues to slide and as crude oil prices dropped.

Market Forcast Tommorrow:-
The FBM KLCI index is expected to trade sideways as the investors sentiments can remain cautious after the FED officials comment on the interest rate hike, however if market finds fresh leads in coming session then it may give a positive movement.

Bursa Malaysia gained 7.52 points or 0.46%.

The FTSE Bursa Malaysia Kuala Lumpur Composite index gained 7.52 points or 0.46%. The Finance

Index increased 0.50% to 14310.03 points, the Properties Index up 0.65% to 1147.67 points and the Plantation Index rose 0.63% to 7106.69 points. KLCI maintained in positive territory following yesterday’s surged after Prime Minister Najib Razak unveiled a RM20bil package to boost Malaysian market and closed higher at 1647.15 points.As per the advisors
the FBM KLCI index is expected to trade positive in coming session and can reach to the level of 1660 supported by the uplift market sentiments.

On Monday KLCI index improved due to equity investment.

The FBM KLCI index gained more than 25 points in late afternoon trade on Monday.Local sentiment improved after Prime Minister has announced a government equity investment firmwould be given 20 billion ringgit i.e $4.6 billion to shore up the country's stock market, and announced other measures to support its slowing economy. The FBM KLCI index is expected to trade with bullish sentiment. The KLCI index had crossed the level of 1614 and it may reach the level of 1660 in near term.

On Friday Malaysian Shares open at 7.00 points to 1,607.02.

MALAYSIA share prices opened lower on Friday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 7.00 points to 1,607.02.
Volume was 62.39 million lots worth RM38.16 million.
Gainers outnumbered losers 107 to 88.

On Thursday Malaysian Shares open down at 11.6 points to 1592.16

MALAYSIA share prices opened lower on Thursday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 11.6 points to 1592.16.
Volume was 37.4 million lots worth RM14.9 million.
Losers outnumbered gainers 162 to 56.

On Wednesday Malaysian shares end higher

MALAYSIAN shares ended higher on Wednesday with the Kuala Lumpur Composite Index adding 16.24 points to close at 1,603.36.
Some 2.56 billion lots, valued at RM2.42 billion were traded. Gainers numbered 666 while losers numbered 228.

On wednesday Malaysian Shares open higher 2.17 points to 1597.90

MALAYSIA share prices opened higher on Wednesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 12.17 points to 1597.90.
Volume was 35.8 million lots worth RM15.7 million.
Gainers outnumbered losers 164 to 26

On Monday Malaysian Shares open lower at 11.88 points to 1578.5

MALAYSIA share prices opened lower on Monday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 11.88 points to 1578.5.
Volume was 33.37 million lots worth RM13.4 million.
Losers outnumbered gainers 118 to 58.

On Thursday FTSE opens with 7.26 points

MALAYSIA share prices opened higher on Thursday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 7.26 points to 1597.51.
Volume was 34.9 million lots worth RM15.8 million.
Gainers outnumbered losers 107 to 36.