skip to main |
skip to sidebar
January platinum PLF5, -1.16% fell $10.70, or 0.9%, to $1,231.50 an ounce, while March palladium PAH5, -0.64% shed $3.05, or 0.4%, to $816.55 an ounce.
High-grade copper for March delivery HGH5, +0.29% edged up a penny to $2.93 a pound.
Nymex gasoline for January delivery RBF5, -1.91% fell 2 cents, or 1%, to $1.61 a gallon.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
Crude-oil futures fell to their lowest since May 2009 on Friday, briefly dropping below $57 a barrel, after the International Energy Agency delivered the latest reduction in forecasts for global oil demand.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in January CLF5, -4.10% fell $2.14, or 3.6%, to settle at $57.81 a barrel.
On Friday, oil changed hands for as little as $57.34 a barrel, and the settlement was the lowest since May 15, 2009.
January Brent crude on London’s ICE Futures exchange LCOF5, -3.22% fell $1.83, or 2.9%, to end at $61.85 a barrel on Friday. On the week, Brent lost 10%. Friday’s settlement was the lowest since July 14, 2009.
Gold prices slipped for a third consecutive session on Friday but still notched a weekly gain of nearly 3%.
Gold for February delivery GCG5, -0.29% shed $3.10, or 0.3%, to settle at $1,222.50 an ounce, while March silver SIH5, -0.45% lost 6 cents, or 0.3%, to $17.06 an ounce.
Malaysian shares closed lower on Friday with the Kuala Lumpur Composite Index slipping 11.58 points to 1,732.99.
Some 1.45 billion lots, valued at RM1.78 billion were traded. Losers outnumbered gainers 690 to 178.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
MARKET UPDATES :
Malaysia Airports Holdings Bhd (MAHB) is in the midst of discussions and scrutiny in its preparation to answer the issues raised by the Public Accounts Committee (PAC) on matters related to the construction of klia2. “We accept with open heart…and is now examining every issue voiced out by PAC and promise to answer each issue because they are related,” said MAHB managing director Datuk Mohd Badlisham Ghazali. “We accept with open heart…and is now examining every issue voiced out by PAC and promise to answer each issue because they are related,” said MAHB managing director Datuk Mohd Badlisham Ghazali.
STOCK RECOMMENDATION :
BUY SAPURA KENCANA ABOVE 2.41 TARGET 2.44 2.48 SL 2.37
