Market Closing Update

MALAYSIAN shares ended lower on Monday with the Kuala Lumpur Composite Index slipping 16.15 points to close at 1,736.62.

Some 1.47 billion lots, valued at RM1.41 billion were traded. Gainers numbered 271 while losers numbered 502.

Forex Market Update

 A decision by a new Greek government to leave the eurozone would set off devastating turmoil in financial markets even worse than the collapse of Lehman Brothers in 2008, a leading international economist warned Saturday.

A Greek exit would likely spark runs on Greek banks and the country’s stock market and end with the imposition of severe capital controls, said Barry Eichengreen, an economic historian at the University of California at Berkeley. He spoke as part of a panel discussion on the euro EURUSD, -0.81%  crisis at the American Economic Association’s annual meeting.

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

Palladium Market Update

Palladium for March delivery PAH5, +0.68% added $8.55, or almost 1.1%, to $803.40 an ounce. High-grade copper for March delivery HGH5, -0.35%  lost 2 cents to $2.80 a pound.

Silver Market Update

Silver for March delivery SIH5, +1.82% jumped 31 cents, or 1.9%, to $16.08 an ounce. Platinum for April delivery PLJ5, +0.72%  rallied $14.10, or almost 1.2%, to $1,218.00 an ounce.

Gold poised to make it two in a row in 2015

Gold continued its winning ways in the new year, gaining ground on Monday ahead of a busy week of economic data that will be capped by the key December jobs report.

Gold for February delivery GCG5, +0.82% rose $11.10, or 0.9%, to $1,197.20 an ounce, with volume looking to pick up after a holiday pause.