KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index gained 4.12 points or 0.23% on Tuesday. The Finance Index increased 0.44% to 16101.18 points, the Properties Index dropped 0.48% to 1326.69 points and the Plantation Index rose 0.14% to 7973.57 points. The market traded within a range of 7.85 points between an intra-day high of 1825.79 and a low of 1817.94 during the session.



STOCK RECOMMENDATION :
BUY COCOA LAND AT 1.965 – 1.970 TARGET 2.020 2.100 SL 1.900

KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index lost 4.08 points or 0.22% on Monday. The Finance Index increased 0.26% to 16030.02 points, the Properties Index dropped 0.42% to 1333.08 points and the Plantation Index down 0.59% to 7962.62 points. The market traded within a range of 12.98 points between an intra-day high of 1825.33 and a low of 1812.35 during the session.





STOCK RECOMMENDATION :
BUY DATASONIC AT 1.155 – 1.150 TARGET 1.200 1.260 SL 1.100

KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index gained 5.01 points or 0.28% on Thursday. The Finance Index increased 0.39% to 15911.36 points, the Properties Index up 0.59% to 1338.91 points and the Plantation Index rose 0.48% to 8085.08 points. The market traded within a range of 8.77 points between an intra-day high of 1821.67 and a low of 1812.90 during the ses-sion.



STOCK RECOMMENDATION :

BUY ONLY WORLD AT 1.725 – 1.730 TARGET 1.775 1.825 SL 1.675

KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index lost 2.82 points or 0.16% on Wednesday. The Finance Index fell 0.19% to 15850.15 points, the Properties Index dropped 0.13% to 1331.01 points and the Plantation Index down 0.89% to 8046.63 points. The market traded within a range of 9.70 points between an intra-day high of 1818.35 and a low of 1808.65 during the session.

STOCK RECOMMENDATION :

BUY IQ GROUP AT 2.345 -2.350 TARGET 2.400 2.460 SL 2.290

KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index gained 1.52 points or 0.08% on Monday. The Finance Index fell 0.25% to 15871.39 points, the Properties Index up 0.22% to 1323.1 points and the Plantation Index rose 0.26% to 8105.72 points. The market traded within a range of 7.80 points between an intra-day high of 1812.75 and a low of 1804.95 during the session.



STOCK RECOMMENDATION :

BUY FELDA GLOBAL AT 2.945 TARGET 3.000 3.100 SL 2.875

KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index gained 1.52 points or 0.08% on Monday. The Finance Index fell 0.25% to 15871.39 points, the Properties Index up 0.22% to 1323.1 points and the Plantation Index rose 0.26% to 8105.72 points. The market traded within a range of 7.80 points between an intra-day high of 1812.75 and a low of 1804.95 during the session.



STOCK RECOMMENDATION :

BUY ONLY WORLD AT 1.550 – 1.560 TARGET 1.610 1.700 SL 1.470

KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index gained 1.20 points or 0.07% on Tuesday. The Finance Index increased 0.01% to 15997.92 points, the Properties Index up 0.23% to 1316.85 points and the Plantation Index down 0.90% to 8112.03 points. The market traded within a range of 6.38 points between an intra-day high of 1810.90 and a low of 1804.52 during the session.

STOCK RECOMMENDATION :

BUY MITRAJAYA HLDNG ABOVE 1.605 TARGET 1.655 1.725 SL 1.550

KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index gained 1.20 points or 0.07% on Tuesday. The Finance Index increased 0.01% to 15997.92 points, the Properties Index up 0.23% to 1316.85 points and the Plantation Index down 0.90% to 8112.03 points. The market traded within a range of 6.38 points between an intra-day high of 1810.90 and a low of 1804.52 during the session.




STOCK RECOMMENDATION :

BUY CARIMIN PETR-O AT 1.000 TARGET 1.050 1.100 SL 0.940

KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index gained 7.94 points or 0.44% on Monday. The Finance Index increased 0.46% to 15996.17 points, the Properties Index up 0.13% to 1313.87 points and the Plantation Index rose 0.25% to 8185.34 points. The market traded within a range of 9.47 points between an intra-day high of 1809.71 and a low of 1800.24 during the session.

STOCK RECOMMENDATION :

BUY FELDA GLOBAL AT CMP 2.900 TARGET 2.940 3.000 SL 2.850

KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index gained 11.88 points or 0.66% on Friday. The Finance Index increased 0.34% to 15922.45 points, the Properties Index up 1.01% to 1312.19 points and the Plantation Index rose 0.68% to 8164.92 points. The market traded within a range of 10.64 points between an intra-day high of 1800.95 and a low of 1790.31 during the session.


STOCK RECOMMENDATION :

BUY FELDA GLOBAL ABOVE 2.675 TARGET 2.725 2.890 SL 2.575

KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index lost 12.17 points or 0.67% on Wednesday. The Finance Index fell 0.07% to 15903.83 points, the Properties Index up 0.25% to 1308.44 points and the Plantation Index rose 0.50% to 8053.55 points. The market traded within a range of 21.28 points between an intra-day high of 1812.08 and a low of 1790.80 during the session.



STOCK RECOMMENDATION :

BUY WELLCALL HOLDING ABOVE 1.975 TARGET 2.025 2.075 SL 1.925

KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index lost 0.46 points or 0.03% on Tuesday. The Finance Index increased 0.23% to 15915.65 points, the Properties Index dropped 0.28% to 1305.23 points and the Plantation Index down 0.06% to 8013.23 points. The market traded within a range of 7.93 points between an intra-day high of 1816.62 and a low of 1808.69 during the session.




STOCK RECOMMENDATION :

BUY FELDA GLOBAL ABOVE 2.505 TARGET 2.540 2.600 SL 2.450

KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index lost 0.46 points or 0.03% on Tuesday. The Finance Index increased 0.23% to 15915.65 points, the Properties Index dropped 0.28% to 1305.23 points and the Plantation Index down 0.06% to 8013.23 points. The market traded within a range of 7.93 points between an intra-day high of 1816.62 and a low of 1808.69 during the session.



STOCK RECOMMENDATION :

BUY SAPURA KENCANA ABOVE 2.935 TARGET 2.985 3.085 SL 2.875

KLSE Stock Recommendations

MARKET UPDATES :

The FBM KLCI index lost 1.67 points or 0.09% on Monday. The Finance Index increased 0.14% to 15878.68 points, the Properties Index up 0.11% to 1308.86 points and the Plantation Index down 0.06% to 8018.28 points. The market traded within a range of 13.15 points between an intra-day high of 1818.31 and a low of 1805.16 during the session.




STOCK RECOMMENDATION :

BUY TIME DOTCOM ABOVE 5.585 TARGET 5.625 5.675 SL 5.525

KLSE Stock Recommendations

MARKET UPDATES :
The FBM KLCI index gained 10.04 points or 0.56% on Friday. The Finance Index increased 0.63% to 15857.19 points, the Properties Index up 0.07% to 1307.39 points and the Plantation Index rose 0.54% to 8023.34 points. The market traded within a range of 8.23 points between an intra-day high of 1814.30 and a low of 1806.07 during the session.




STOCK RECOMMENDATION :
BUY PUNCAK NIAGA ABOVE 2.695 TARGET 2.735 2.800 SL 2.640

KLSE Stock Recommendations

MARKET UPDATES :

MALAYSIAN shares closed higher on Thursday with the Kuala Lumpur Composite Index gaining 0.19 points to 1,803.21. Some 1.6 billion lots, valued at RM2.1 billion were traded. Losers outnumbered gainers 433 to 344.



STOCK RECOMMENDATION :

BUY CHIN WELL HLDNG ABOVE 1.550 TARGET 1.590 1.640 SL 1.500

KLSE Stock Recommendations

MARKET UPDATES :

MALAYSIA share prices closed higher on Wednesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 21.76 points to 1,803.02. Volume was 2.5 billion lots worth RM2.7 billion. Gainers outnumbered losers 467 to 399.



STOCK RECOMMENDATION :

BUY TA ANN HOLDING ABOVE 3.895 TARGET 3.935 3.985 SL 3.845

KLSE Stock Recommendations

MARKET UPDATES :

Bank Negara Malaysia (BNM) is likely to maintain its overnight policy rate (OPR) at 3.25 per cent into 2016, said Standard & Poor’s (S&P) Ratings Services. In a statement today, the rating agency also revised Malaysia’s gross domestic product (GDP) growth forecast to 4.6 per cent in 2015 and 5.0 per cent in 2016, from an earlier estimate of 5.5 per cent and 5.4 per cent, respectively.The revision was made in light of an anticipated further decline in oil prices since its last forecasting exercise, said S&P.



STOCK RECOMMENDATION :

BUY CREST BUILDER ABOVE 1.205 TARGET 1.250 1.320 SL 1.155

Forex Market Update :Epic Research Malaysia

The currencies of large oil exporters, including the Canadian dollar, Norwegian krone and Russian ruble rose against the U.S. dollar Monday as oil prices fluctuated between gains and losses.

The Canadian dollar CADUSD, -0.42%  traded at 79.4 cents, rising off a six-year low of about 78 cents that was reached Friday.

The dollar USDRUB, +0.05%  traded lower against the ruble after rising to its highest level against the Russian currency since its mid-December collapse. The ruble changed hands at 68.5 to the dollar, compared with 70 to the dollar Friday.

The Australian dollar AUDUSD, -1.81%  also benefitted from stronger commodity prices. It traded at 78.19 cents, compared with 77.66 cents Friday afternoon, after the currency hit its lowest level against the buck since July 2009 last week.

The shared currency EURUSD, -0.08%   rose to $1.1346, compared with $1.1285 Friday.

The dollar USDJPY, -0.50%  was up to ¥117.68 compared with ¥117.41 late Friday in New York. 

Commodity Market Update :Epic Research Malaysia

Gold futures were flat on Monday after rallying to their biggest monthly gain in three years last week but the precious metal is poised to strengthen with U.S. stocks under pressure.

Gold for April delivery on Comex GCJ5, -0.17%  settled at $1,279.20 an ounce, unchanged from Friday, while March silver SIH5, -0.18%  climbed 43 cents, or 2.6%, to $17.21 an ounce.

They noted that the bulk of the buying has occurred in SPDR Gold Trust GLD, -0.83%   at 49.35 million tons, although European-listed products also drew fresh interest.