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Asian Market Update

Tuesday, 30 December 2014

Asian markets slipped on Tuesday following the previous day's healthy gains, while the euro struggled against the dollar as Greece plunged back into crisis, rekindling fears of a possible exit from the eurozone.

With investors winding down for the end of the year, Wall Street provided a mixed lead, although the S&P 500 topped out at a new record high.

Oil prices ticked up slightly but remain stuck near five-year troughs as ongoing worries about oversupply combine with concerns over the global economic outlook.

Tokyo fell 0.17 per cent, Hong Kong lost 0.19 per cent, Sydney shed 0.50 per cent, and Seoul eased 0.36 per cent and Shanghai gave up 0.41 per cent.

KLSE Malaysia Opening Market Update


MALAYSIA share prices opened flat on Tuesday with the FBMKLCI up 0.93 points to 1,769.34.

Volume was 157 million lots valued at RM$73.3 million.

Losers outnumbered gainers 117 to 110.

Market Closing Update

Monday, 29 December 2014

MALAYSIAN shares ended higher on Monday with the Kuala Lumpur Composite Index adding 3.97 points to close at 1,768.41.

Some 1.25 billion lots, valued at RM1.33 billion were traded. Gainers numbered 343 while losers numbered 376.

U.S. stocks: Futures fall, with Dow at risk of losing 18,000

U.S. stock futures were pointing to a lower and quieter start on Wall Street Monday, with the Dow Jones Industrial Average at risk of losing its grip on the 18,000 handle it reached last week.

Futures for the Dow industrials DJH5, -0.26%  lost 27 points, or 0.2%, to 17,985, setting it on track to break a seven-day winning streak. 

Futures for the S&P 500 index SPH5, -0.20%  slipped 2.60 points, or 0.1%, while those for the Nasdaq 100 index NDH5, -0.12% slipped 2.50 points, or 0.1%, to 4,307.75.


Dollar nudges lower against yen in quiet trading

The dollar was a tad lower against the yen in quiet trading in Asia on Monday, with a mid-afternoon downturn in the Nikkei Stock Average providing a cue for some buying of the Japanese currency in otherwise directionless trading.

The dollar USDJPY, +0.10%  was at ¥120.32, from ¥120.38 late Friday in New York.

The euro EURUSD, +0.06%  was at $1.2181, from $1.2178, and at EURJPY, +0.18%  ¥146.58, from ¥146.61.

The WSJ Dollar Index BUXX, +0.12% a measure of the dollar against a basket of major currencies, was down 0.10% at 82.79.