Highlights
KLSE: PBBANK (1295)       PUBLIC BANK BHD Main : Finance
Last Price Today's Change   Day's Range   Trading Volume
20.58   0.00 (0.00%)  20.58 - 20.64  4,543,900
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Financials


Market Cap: 79,894 Million

Market Cap 79,894 Million
NOSH 3,882 Million

Latest Audited Result:  31-Dec-2016

Latest Audited Result: 31-Dec-2016
Announcement Date 02-Mar-2017
Next Audited Result: 31-Dec-2017
Est. Ann. Date: 02-Mar-2018
Est. Ann. Due Date: 29-Jun-2018

Latest Quarter:  30-Jun-2017 [#2]

Latest Quarter: 30-Jun-2017 [#2]
Announcement Date 25-Jul-2017
Next Quarter: 30-Sep-2017
Est. Ann. Date: 20-Oct-2017
Est. Ann. Due Date: 29-Nov-2017
QoQ | YoY   6.72%  |    6.02%

Annual (Unaudited) ( EPS: 134.12, P/E: 15.34 )

Revenue | NP to SH 20,102,740  |  5,206,875
RPS | P/RPS 517.83 Cent  |  3.97
EPS | P/E | EY 134.12 Cent  |  15.34  |  6.52%
DPS | DY | Payout % 57.69 Cent  |  2.80%  |  43.01%
NAPS | P/NAPS 8.81  |  2.34
YoY   2.86%
NP Margin | ROE 26.20%  |  15.22%
F.Y. | Ann. Date 31-Dec-2016  |  02-Feb-2017

T4Q Result ( EPS: 136.54, P/E: 15.07 )

Revenue | NP to SH 20,310,515  |  5,300,739
RPS | P/RPS 523.18 Cent  |  3.93
EPS | P/E | EY 136.54 Cent  |  15.07  |  6.63%
DPS | DY | Payout % 58.69 Cent  |  2.85%  |  42.98%
NAPS | P/NAPS 9.15  |  2.25
QoQ | YoY   1.45%  |    2.34%
NP Margin | ROE 26.44%  |  14.92%
F.Y. | Ann. Date 30-Jun-2017  |  25-Jul-2017

Annualized Result ( EPS: 132.91, P/E: 15.48 )

Revenue | NP to SH 20,390,664  |  5,159,614
RPS | P/RPS 525.24 Cent  |  3.92
EPS | P/E | EY 132.91 Cent  |  15.48  |  6.46%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   3.36%  |    3.78%
NP Margin | ROE 25.67%  |  14.52%
F.Y. | Ann. Date 30-Jun-2017  |  25-Jul-2017


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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2017 25-Jul-2017 30-Jun-2017 2 5,167,147 1,736,009 1,352,001 1,331,826 1,042,603 35,524,587 78.28% 26.17% 3.75% 3,861,494 133.81 133.10 34.49 34.31 27.00 26.86 9.1997 9.15   6.72%   6.02% 30-Jun-2017 20.32 15.19 58.92 2.21 1.70% 1.33% 25-Jul-2017 20.40 15.25 59.15 2.22 1.69% 1.32%
31-Dec-2017 20-Apr-2017 31-Mar-2017 1 5,028,185 1,631,472 1,265,343 1,247,981 - 34,196,617 - % 25.17% 3.65% 3,861,494 130.21 129.52 32.32 32.15 0.00 0.00 8.8558 8.81   -15.84%   1.48% 31-Mar-2017 19.90 15.28 61.57 2.25 1.62% 0.00% 20-Apr-2017 19.92 15.30 61.64 2.25 1.62% 0.00%
31-Dec-2016 02-Feb-2017 31-Dec-2016 4 5,084,083 1,792,711 1,499,269 1,482,782 1,235,678 34,213,222 83.34% 29.49% 4.33% 3,861,494 131.66 130.96 38.40 38.19 32.00 31.83 8.8601 8.81   19.76%   -0.65% 30-Dec-2016 19.72 14.98 51.36 2.23 1.95% 1.62% 02-Feb-2017 20.14 15.30 52.45 2.27 1.91% 1.59%
31-Dec-2016 20-Oct-2016 30-Sep-2016 3 5,031,100 1,558,242 1,252,514 1,238,150 - 32,830,284 - % 24.90% 3.77% 3,861,977 130.27 129.60 32.06 31.89 0.00 0.00 8.5009 8.46   -1.43%   3.06% 30-Sep-2016 19.82 15.21 61.82 2.33 1.62% 0.00% 20-Oct-2016 19.80 15.20 61.76 2.33 1.62% 0.00%
31-Dec-2016 28-Jul-2016 30-Jun-2016 2 4,980,256 1,551,521 1,270,592 1,256,153 1,003,995 32,443,734 79.93% 25.51% 3.87% 3,861,521 128.97 128.29 32.53 32.36 26.00 25.86 8.4018 8.36   2.14%   4.96% 30-Jun-2016 19.40 15.04 59.64 2.31 1.68% 1.34% 28-Jul-2016 19.56 15.17 60.13 2.33 1.66% 1.33%
31-Dec-2016 20-Apr-2016 31-Mar-2016 1 5,007,301 1,651,558 1,245,060 1,229,790 - 31,109,246 - % 24.86% 3.95% 3,861,193 129.68 128.98 31.85 31.68 0.00 0.00 8.0569 8.01   -17.60%   4.97% 31-Mar-2016 18.78 14.48 58.96 2.33 1.70% 0.00% 20-Apr-2016 19.02 14.67 59.72 2.36 1.67% 0.00%
31-Dec-2015 03-Feb-2016 31-Dec-2015 4 4,929,046 1,857,776 1,507,171 1,492,428 1,235,645 31,230,164 82.79% 30.58% 4.78% 3,861,391 127.65 126.97 38.65 38.44 32.00 31.83 8.0878 8.04   24.22%   19.02% 31-Dec-2015 18.52 14.51 47.92 2.29 2.09% 1.73% 03-Feb-2016 18.38 14.40 47.55 2.27 2.10% 1.74%
31-Dec-2015 22-Oct-2015 30-Sep-2015 3 4,914,523 1,613,794 1,216,965 1,201,395 - 29,642,132 - % 24.76% 4.05% 3,861,764 127.26 126.59 31.11 30.95 0.00 0.00 7.6758 7.64   0.38%   0.83% 30-Sep-2015 17.52 13.77 56.32 2.28 1.78% 0.00% 22-Oct-2015 18.64 14.65 59.92 2.43 1.67% 0.00%
31-Dec-2015 30-Jul-2015 30-Jun-2015 2 4,737,678 1,531,147 1,212,901 1,196,810 926,861 29,325,514 77.44% 25.60% 4.08% 3,861,923 122.68 122.04 30.99 30.83 24.00 23.88 7.5935 7.55   2.16%   13.29% 30-Jun-2015 18.72 15.26 60.41 2.47 1.66% 1.28% 30-Jul-2015 18.88 15.39 60.92 2.49 1.64% 1.27%
31-Dec-2015 20-Apr-2015 31-Mar-2015 1 4,600,303 1,488,678 1,184,202 1,171,519 - 28,089,813 - % 25.74% 4.17% 3,861,301 119.14 118.50 30.34 30.18 0.00 0.00 7.2747 7.24   -6.58%   15.20% 31-Mar-2015 18.88 15.85 62.23 2.60 1.61% 0.00% 20-Apr-2015 19.60 16.45 64.60 2.69 1.55% 0.00%
31-Dec-2014 05-Feb-2015 31-Dec-2014 4 4,528,585 1,567,278 1,266,341 1,253,981 1,197,210 28,028,232 95.47% 27.96% 4.47% 3,861,967 117.26 116.65 32.47 32.30 31.00 30.84 7.2575 7.22   5.24%   22.27% 31-Dec-2014 18.30 15.61 56.36 2.52 1.77% 1.69% 05-Feb-2015 18.44 15.73 56.79 2.54 1.76% 1.68%
31-Dec-2014 23-Oct-2014 30-Sep-2014 3 4,324,008 1,552,183 1,202,134 1,191,521 - 25,889,419 - % 27.80% 4.60% 3,737,518 115.69 111.38 31.88 30.69 0.00 0.00 6.9269 6.67   12.79%   13.78% 30-Sep-2014 18.90 16.34 59.28 2.73 1.69% 0.00% 23-Oct-2014 18.62 16.09 58.41 2.69 1.71% 0.00%
31-Dec-2014 24-Jul-2014 30-Jun-2014 2 4,059,101 1,367,694 1,067,832 1,056,396 805,607 21,434,750 76.26% 26.31% 4.93% 3,502,639 115.89 104.56 30.16 27.21 23.00 20.75 6.1196 5.52   3.88%   3.21% 30-Jun-2014 19.58 16.90 64.92 3.20 1.54% 1.17% 24-Jul-2014 20.00 17.26 66.31 3.27 1.51% 1.15%
31-Dec-2014 21-Apr-2014 31-Mar-2014 1 3,948,377 1,327,100 1,027,033 1,016,932 - 20,387,314 - % 26.01% 4.99% 3,501,831 112.75 101.71 29.04 26.20 0.00 0.00 5.8219 5.25   -0.85%   5.02% 31-Mar-2014 19.16 16.99 65.98 3.29 1.52% 0.00% 21-Apr-2014 20.20 17.92 69.56 3.47 1.44% 0.00%
31-Dec-2013 05-Feb-2014 31-Dec-2013 4 3,918,673 1,341,286 1,035,071 1,025,617 1,050,478 20,420,597 102.42% 26.41% 5.02% 3,501,594 111.91 100.94 29.29 26.42 30.00 27.06 5.8318 5.26   -2.07%   4.46% 31-Dec-2013 19.40 17.34 66.23 3.33 1.51% 1.55% 05-Feb-2014 19.06 17.03 65.07 3.27 1.54% 1.57%
31-Dec-2013 22-Oct-2013 30-Sep-2013 3 3,869,542 1,358,164 1,057,362 1,047,260 - 19,277,640 - % 27.33% 5.43% 3,502,541 110.48 99.68 29.90 26.98 0.00 0.00 5.5039 4.97   2.32%   7.67% 30-Sep-2013 17.74 16.06 59.33 3.22 1.69% 0.00% 22-Oct-2013 18.50 16.75 61.87 3.36 1.62% 0.00%
31-Dec-2013 23-Jul-2013 30-Jun-2013 2 3,802,871 1,340,558 1,034,285 1,023,505 770,342 18,982,988 75.27% 27.20% 5.39% 3,501,556 108.61 97.96 29.23 26.36 22.00 19.84 5.4213 4.89   5.70%   8.64% 28-Jun-2013 16.94 15.60 57.95 3.12 1.73% 1.30% 23-Jul-2013 17.10 15.75 58.50 3.15 1.71% 1.29%
31-Dec-2013 23-Apr-2013 31-Mar-2013 1 3,673,214 1,269,976 978,924 968,301 - 17,933,004 - % 26.65% 5.40% 3,501,992 104.89 94.62 27.65 24.94 0.00 0.00 5.1208 4.62   -1.38%   4.10% 29-Mar-2013 16.26 15.50 58.81 3.18 1.70% 0.00% 23-Apr-2013 16.34 15.58 59.10 3.19 1.69% 0.00%
31-Dec-2012 06-Feb-2013 31-Dec-2012 4 3,630,057 1,291,329 996,651 981,840 1,050,602 17,943,237 107.00% 27.46% 5.47% 3,502,007 103.66 93.51 28.04 25.29 30.00 27.06 5.1237 4.62   0.94%   7.49% 31-Dec-2012 16.28 15.71 58.07 3.18 1.72% 1.84% 06-Feb-2013 15.72 15.17 56.07 3.07 1.78% 1.91%
31-Dec-2012 18-Oct-2012 30-Sep-2012 3 3,588,750 1,298,363 981,510 972,664 - 16,915,248 - % 27.35% 5.75% 3,501,759 102.48 92.44 27.77 25.05 0.00 0.00 4.8305 4.36   3.25%   4.37% 28-Sep-2012 14.38 14.03 51.77 2.98 1.93% 0.00% 18-Oct-2012 14.72 14.36 52.99 3.05 1.89% 0.00%
31-Dec-2012 23-Jul-2012 30-Jun-2012 2 3,465,840 1,226,144 952,997 942,068 700,513 16,631,585 74.36% 27.50% 5.66% 3,502,566 98.95 89.28 26.90 24.27 20.00 18.04 4.7484 4.28   1.28%   -1.34% 29-Jun-2012 13.76 13.91 51.16 2.90 1.95% 1.45% 23-Jul-2012 14.34 14.49 53.32 3.02 1.88% 1.39%
31-Dec-2012 18-Apr-2012 31-Mar-2012 1 3,373,450 1,231,398 938,084 930,182 - 15,682,767 - % 27.81% 5.93% 3,502,650 96.31 86.90 26.56 23.96 0.00 0.00 4.4774 4.04   1.84%   5.22% 30-Mar-2012 13.64 14.16 51.36 3.05 1.95% 0.00% 18-Apr-2012 13.78 14.31 51.89 3.08 1.93% 0.00%
31-Dec-2011 30-Jan-2012 31-Dec-2011 4 3,321,633 1,211,807 922,459 913,392 980,656 14,009,376 107.36% 27.77% 6.52% 3,502,344 94.84 85.56 26.08 23.53 28.00 25.26 4.0000 3.61   -1.99%   7.94% 30-Dec-2011 13.38 14.11 51.30 3.35 1.95% 2.09% 30-Jan-2012 13.52 14.26 51.84 3.38 1.93% 2.07%
31-Dec-2011 17-Oct-2011 30-Sep-2011 3 3,272,466 1,231,144 941,056 931,953 - 10,508,113 - % 28.76% 8.87% 3,502,704 93.43 84.30 26.61 24.01 0.00 0.00 3.0000 2.71   -2.40%   19.07% 30-Sep-2011 12.20 13.06 45.85 4.07 2.18% 0.00% 17-Oct-2011 12.50 13.38 46.98 4.17 2.13% 0.00%
31-Dec-2011 25-Jul-2011 30-Jun-2011 2 3,170,654 1,261,920 965,972 954,883 700,361 10,505,429 73.35% 30.47% 9.09% 3,501,809 90.54 81.67 27.27 24.60 20.00 18.04 3.0000 2.71   8.01%   30.08% 30-Jun-2011 13.30 14.69 48.77 4.43 2.05% 1.50% 25-Jul-2011 13.36 14.76 48.99 4.45 2.04% 1.50%
31-Dec-2011 18-Apr-2011 31-Mar-2011 1 2,991,607 1,173,068 895,016 884,061 - 10,507,922 - % 29.92% 8.41% 3,502,640 85.41 77.06 25.24 22.77 0.00 0.00 3.0000 2.71   4.48%   29.01% 31-Mar-2011 13.12 15.36 51.98 4.37 1.92% 0.00% 18-Apr-2011 13.06 15.29 51.74 4.35 1.93% 0.00%
31-Dec-2010 25-Jan-2011 31-Dec-2010 4 2,971,194 1,130,264 860,095 846,188 1,155,803 13,033,957 136.59% 28.95% 6.49% 3,502,433 84.83 76.53 24.16 21.80 33.00 29.77 3.7214 3.36   8.11%   24.76% 30-Dec-2010 13.02 15.35 53.89 3.50 1.86% 2.53% 25-Jan-2011 13.34 15.73 55.22 3.58 1.81% 2.47%
31-Dec-2010 18-Oct-2010 30-Sep-2010 3 2,877,383 1,051,377 794,309 782,702 - 12,190,539 - % 27.61% 6.42% 3,502,022 82.16 74.12 22.35 20.16 0.00 0.00 3.4810 3.14   6.62%   22.48% 30-Sep-2010 12.56 15.29 56.20 3.61 1.78% 0.00% 18-Oct-2010 12.58 15.31 56.29 3.61 1.78% 0.00%
31-Dec-2010 20-Jul-2010 30-Jun-2010 2 2,679,261 981,981 747,019 734,079 875,571 12,033,853 119.27% 27.88% 6.10% 3,502,285 76.50 69.02 20.96 18.91 25.00 22.55 3.4360 3.10   7.12%   20.19% 30-Jun-2010 11.90 15.56 56.77 3.46 1.76% 2.10% 20-Jul-2010 12.20 15.95 58.21 3.55 1.72% 2.05%
31-Dec-2010 15-Apr-2010 31-Mar-2010 1 2,507,759 922,575 697,654 685,255 - 11,252,443 - % 27.82% 6.09% 3,478,451 72.09 64.60 19.70 17.65 0.00 0.00 3.2349 2.90   1.04%   16.29% 31-Mar-2010 11.64 16.15 59.09 3.60 1.69% 0.00% 15-Apr-2010 12.04 16.70 61.12 3.72 1.64% 0.00%
31-Dec-2009 20-Jan-2010 31-Dec-2009 4 2,495,452 900,215 688,363 678,231 862,889 11,023,583 127.23% 27.58% 6.15% 3,451,557 72.30 64.28 19.65 17.47 25.00 22.23 3.1938 2.84   6.13%   3.71% 31-Dec-2009 11.30 15.63 57.51 3.54 1.74% 2.21% 20-Jan-2010 12.08 16.71 61.48 3.78 1.63% 2.07%
31-Dec-2009 15-Oct-2009 30-Sep-2009 3 2,438,035 856,508 647,425 639,045 - 10,295,110 - % 26.56% 6.21% 3,450,566 70.66 62.80 18.52 16.46 0.00 0.00 2.9836 2.65   4.63%   3.68% 30-Sep-2009 10.20 14.44 55.08 3.42 1.82% 0.00% 15-Oct-2009 10.62 15.03 57.34 3.56 1.74% 0.00%
31-Dec-2009 20-Jul-2009 30-Jun-2009 2 2,350,620 819,782 619,939 610,741 1,035,154 10,321,177 169.49% 26.37% 5.92% 3,450,513 68.12 60.55 17.70 15.73 30.00 26.66 2.9912 2.66   3.64%   2.90% 30-Jun-2009 9.05 13.28 51.13 3.03 1.96% 3.31% 20-Jul-2009 10.30 15.12 58.19 3.44 1.72% 2.91%
31-Dec-2009 14-Apr-2009 31-Mar-2009 1 2,431,461 744,928 595,813 589,285 - 9,406,596 - % 24.50% 6.26% 3,378,927 71.96 62.63 17.44 15.18 0.00 0.00 2.7839 2.42   -9.89%   -17.86% 31-Mar-2009 7.55 10.49 43.29 2.71 2.31% 0.00% 14-Apr-2009 8.45 11.74 48.45 3.04 2.06% 0.00%
31-Dec-2008 20-Jan-2009 31-Dec-2008 4 2,557,557 812,943 656,607 653,975 838,859 9,536,156 128.27% 25.67% 6.86% 3,355,438 76.22 65.88 19.49 16.85 25.00 21.61 2.8420 2.46   6.11%   12.76% 31-Dec-2008 8.85 11.61 45.41 3.11 2.20% 2.82% 20-Jan-2009 8.70 11.41 44.64 3.06 2.24% 2.87%
31-Dec-2008 14-Oct-2008 30-Sep-2008 3 2,791,159 804,047 627,527 616,340 - 9,180,680 - % 22.48% 6.71% 3,355,144 83.19 71.90 18.37 15.88 0.00 0.00 2.7363 2.36   3.84%   13.38% 30-Sep-2008 10.00 12.02 54.44 3.65 1.84% 0.00% 14-Oct-2008 9.05 10.88 49.27 3.31 2.03% 0.00%
31-Dec-2008 17-Jul-2008 30-Jun-2008 2 2,515,579 791,566 607,024 593,535 1,006,560 9,368,055 169.59% 24.13% 6.34% 3,355,200 74.98 64.80 17.69 15.29 30.00 25.93 2.7921 2.41   -17.26%   13.25% 30-Jun-2008 10.40 13.87 58.79 3.72 1.70% 2.88% 17-Jul-2008 10.30 13.74 58.22 3.69 1.72% 2.91%
31-Dec-2008 14-Apr-2008 31-Mar-2008 1 2,636,012 970,632 731,502 717,387 - 8,752,859 - % 27.75% 8.20% 3,353,843 78.60 67.90 21.39 18.48 0.00 0.00 2.6098 2.25   23.70%   50.64% 31-Mar-2008 10.50 13.36 49.09 4.02 2.04% 0.00% 14-Apr-2008 10.90 13.87 50.96 4.18 1.96% 0.00%
31-Dec-2007 21-Jan-2008 31-Dec-2007 4 2,573,079 821,201 607,843 579,960 1,673,283 9,328,219 288.52% 23.62% 6.22% 3,346,566 76.89 66.28 17.33 14.94 50.00 43.10 2.7874 2.40   6.68%   30.31% 31-Dec-2007 11.00 14.31 63.47 3.95 1.58% 4.55% 21-Jan-2008 11.00 14.31 63.47 3.95 1.58% 4.55%
31-Dec-2007 16-Oct-2007 30-Sep-2007 3 2,414,474 774,424 562,939 543,627 - 8,827,483 - % 23.32% 6.16% 3,353,652 72.00 62.19 16.21 14.00 0.00 0.00 2.6322 2.27   3.72%   24.60% 28-Sep-2007 9.95 13.82 61.38 3.78 1.63% 0.00% 16-Oct-2007 10.30 14.31 63.54 3.91 1.57% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


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masterus KUALA LUMPUR: The ringgit opened higher today due to bearish sentiment for the US dollar after the release of its first-quarter gross domestic product (GDP) data last week, a dealer said.

At 9am, the ringgit was traded at 4.2900/2970 against the greenback from 4.2920/2950 on Friday.

The dealer said at the beginning of this year, the Donald Trump-fuelled US dollar rally left the currency vulnerable to heavy losses and after six months, the greenback still lacks “attitude.”

The US also released better-than-expected GDP data last week which showed that the US economy advanced 1.4 per cent. Corporate profits, however, declined despite the upbeat data. Overall, investors remained focus on the central banks’ intentions to tighten monetary policies.

Against a basket of major currencies, the ringgit was traded mixed. It rose against the Singapore dollar to 3.1155/1210 from 3.1181/1220 on Friday, and strengthened against the yen to 3.8194/8267 from 3.8328/8365. It fell against the British pound to 5.5787/5904 from 5.5757/5801, and eased slightly against the euro to 4.8970/9055 from 4.8963/8015 on Friday. – BERNAMA
03/07/2017 15:05
masterus KUALA LUMPUR: The ringgit could weaken to 4.40 against the US dollar in the third quarter (3Q) of 2017, said Shan Saeed, chief economist at Dubai-based IQI Group, but the local currency is unlikely to crash as Malaysia’s fundamentals remain intact.

He has observed that the ringgit usually sees some weakening in 3Q and 4Q of the year, but will bounce back to its fair value of between 4.10 and 4.30 against the greenback.

The ringgit closed unchanged at 4.298 against the US dollar yesterday.

“The ringgit usually slides in the third and fourth quarters every year based on historical data. This is due to fund managers, which take long positions, adjusting their portfolios,” he told reporters on the sidelines of the RHB Banking Group Regional Conference 2017 yesterday.

“I think the ringgit will slide to 4.40 this year, but it will recover to 4.30 eventually,” he added.

Shan said the ringgit will be supported by an expected rise in crude oil prices going forward, while investor confidence and consumer spending remain strong.

He noted that weakening in the US dollar has also resulted in appreciation of the ringgit.

Despite a slew of negative news on Malaysia last year, he said, the ringgit was the best performing Asean currency.

“In December last year, everyone was talking about [the] ringgit falling to 5.80 against the US dollar, but currently it is still trading at around 4.30,” he said.

On Malaysia’s economic growth, Shan expects a gross domestic product growth of 4.8% to 5.2% for 2017 and 2018, supported by domestic consumption and investments.
06/07/2017 13:47
goldentriangle Masterous, really ?
Ringgit seen sliding to 4.40 against US dollar in 3Q ?
Like that very bad eh our economy, will be
entering a big recession...
06/07/2017 18:16
leslieroycarter Can u believe that Economist fro Dubai have said that our Ringgit will b weaken in the 3rd n 4th qtrs ? All the predictions has been proven wrong now or future given that foreign funds were out long ago n those coming in will b bound by new guidelines prescribed by BNM. When all the speculaters r out of the system, only the genuine left in the system. So the currency will b more or less stabilized. Any drastic movement will b contained.
07/07/2017 11:10
goldentriangle Oil slumps 2.8%, closing at $44.23, on worries about high US output, OPEC exports
www.cnbc.com/2017/07/06/oil-prices-slump-over-1-percent-on-rise-in-us-output.html
08/07/2017 09:50
goldentriangle US Nymex closed at $44.23 (-$1.29) (-2.8 %)
Brent closed at $46.64 (-$1.47) (-3.1 %)
08/07/2017 09:50
masterus This is the reason oil could jump up to $120 a barrel, expert says
Oil producing states and the oil supply are vulnerable to geopolitical risks.
Significant disruption could see prices rise to $120 a barrel
U.S., Libyan and Nigerian oil production is adding around 1 million barrels a day, undermining OPEC cuts.
09/07/2017 14:44
goldentriangle North Korea accuses US of 'reckless military provocations' after practice bombing run
http://www.foxnews.com/world/2017/07/09/north-korea-accuses-us-reckless-military-provocations-after-practice-bombing-run.html
09/07/2017 21:49
goldentriangle 朝鲜局势最新消息 朝鲜半岛战争即将爆发? 美2架轰炸机飞跃朝鲜半岛
https://baijiahao.baidu.com/po/feed/share?wfr=spider&for=pc&context=%7B%22sourceFrom%22%3A%22bjh%22%2C%22nid%22%3A%22news_3621128517693717163%22%7D
09/07/2017 21:53
masterus Oil Prices Could Rise by 35% Later This Year
A prescient analyst at Citigroup thinks oil, recently at $44 a barrel, could head to $60 as demand increases.

By GENE EPSTEIN
July 8, 2017 1:15 a.m. ET
The price of crude oil could touch $60 a barrel before the end of this year, as demand exceeds supply. That forecast would have been aggressively bearish as recently as three years ago, but with West Texas Intermediate trading last week at $44, $60 would mean a price jump of 35%.

Citigroup senior energy analyst Eric Lee, featured in Barron’s as anticipating the bear market when the price was over $100, has become a short-term oil bull at current levels. In his view, traders have had difficulty interpreting the effect on...
09/07/2017 22:55
Apollo Ang nah,that's not going to happen, cos Qatar now calling iran to pump more oil....hehe
09/07/2017 22:57
goldentriangle Dow Jones closed at 21,408.52 (-5.82)
11/07/2017 04:25
masterus US dollar pressured by Trump Jr emails, focus on Yellen testimony
Wednesday, July 12, 2017 - 09:11

2017-05-17T023921Z_1426918253_RC14402E6220_RTRMADP_3_GLOBAL-MARKETS.JPG The US dollar wobbled in early Asian trading on Wednesday as investors, already wary ahead Federal Reserve Chair Janet Yellen's testimony, digested emails released by President Donald Trump's eldest son suggesting he welcomed Russia's help in last year's election campaign. PHOTO: REUTERS
[TOKYO] The US dollar wobbled in early Asian trading on Wednesday as investors, already wary ahead Federal Reserve Chair Janet Yellen's testimony, digested emails released by President Donald Trump's eldest son suggesting he welcomed Russia's help in last year's election campaign.

Ms Yellen will give her semi-annual monetary policy testimony before Congress later on Wednesday and on Thursday, and investors will be parsing it for or clues on when the Fed will start reducing its massive balance sheet.

The US dollar index, which measures the US currency against a basket of six major rivals, was slightly lower on the day at 95.641.

Against its Japanese counterpart, the US dollar slipped 0.2 per cent to 113.675 yen, moving away from a four-month high of 114.495 yen marked on Tuesday.
12/07/2017 13:14
masterus U.S. Dollar Could Crash 20%
Tucker Higgins Tucker Higgins Follow Jul 11, 2017 5:46 PM EDT
Play Video
U.S. Dollar Could Fall Another 20%

Foreign-exchange expert Douglas Borthwick say the U.S. dollar might plunge another 20% in the second half, as he believes the Trump administration wants a weaker greenback that will benefit U.S. trade.

"We've got another 20% to go before I feel satisfied that the U.S. has reached that weaker-dollar policy," Borthwick, who writes about forex for TheStreet, said during our latest Trading Strategies roundtable for investors.

Borthwick, managing director of Chapdelaine FX, said that the dollar will have to fall lower for longer to help fulfill the Trump administration's stated goals of improving U.S. manufacturing.

He said the U.S. Dollar Index (^DXY) is lower than it was before Donald Trump's election, "but it's still not low enough. The weaker-dollar policy that the Trump administration is pursuing is based on making the U.S. competitive -- and it has to be competitive not just for a couple of months where the dollar is weak, but for the next four to eight years."

A declining U.S. dollar could boost sectors besides manufacturing, such as commodities, which are generally denominated in dollars. The dollar has been on a downward move since January compared to a basket of major currencies. The greenback is now at at its lowest point since September 2016, according to the Federal Reserve Bank of St. Louis.

President Trump has divided from his administration on dollar policy. Though Treasury Secretary Steve Mnuchin has said a strong dollar is good for the U.S. economy, Trump has said he prefers a weak dollar because that benefits manufacturing.
12/07/2017 13:15
masterus Oil rally eases as data show big drop in US crude stockpiles, rise in production
Crude inventories fell by 7.6 million barrels in the last week, compared with analysts' expectations for an decrease of 2.9 million barrels.
U.S. oil production ticked up by 59,000 barrels a day to nearly 9.4 million barrels a day.
OPEC said its oil output rose by 393,000 barrels per day in June, led by a rebound in Nigeria and Libya.
12/07/2017 22:55
masterus Oil Prices Could Head Back Over $50 Before Year End
Jul. 13, 2017 1:55 PM ET| Includes: USO

HiddenValueInvestor
Long only, value

(916 followers)
Summary

Growing U.S. petroleum exports could balance U.S. oil supply and demand more quickly than the market expects.
Oil and fuel storage in the U.S. could return to the middle of the range of the five-year-average based on the growth in exports.
The easiest and most direct way for investors to participate in a near-term rise in oil prices is to buy shares in the United States Oil Fund on the stock-market.
A surge in exports of oil and finished petroleum products could send West Texas Intermediate crude oil prices back over $50 per barrel before the end of the year. A recent New York Times article highlighted the new oil export terminal in Corpus Christi, Texas. According to the paper, "Suddenly buyers from all over the world are purchasing the new American supplies, from South Korea to India - even oil-rich Venezuela, which uses the light sweet crude that comes out of American shale to blend with its gooey heavy crude. The light crude is highly prized even while global oil markets are saturated."
14/07/2017 07:24
masterus S&P 500 2,459 +11.44 +0.47%
Home Markets U.S. & Canada Futures Movers
Oil ends higher to tally a gain of more than 5% for the week
By Myra P. Saefong and Sara Sjolin
Published: July 14, 2017 3:06 p.m. ET

SHARE
8

Nigeria supply setback, higher crude demand forecast lift prices
Getty Images
Oil scored a weekly gain of more than 5% on Friday, as reports of supply issues in Nigeria and a higher forecast for crude demand helped send prices up for a fifth session in a row, to their highest finish in nearly two weeks.

August West Texas Intermediate crude CLQ7, +1.30% rose 46 cents, or 1%, to settle at $46.54 a barrel on the New York Mercantile Exchange. It rose roughly 5.2% for the week and settled at its highest since July 3, according to FactSet data. September Brent crude LCOU7, +1.38% on London’s ICE Futures exchange climbed 49 cents, or 1%, to $48.91 a barrel, with prices up about 4.7% from a week ago.
15/07/2017 16:01
masterus Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/dc2523dc-c110-37fb-b87b-6839cf727658

US Dollar Add to myFT
US dollar hits lowest point in nearly 10 months

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13 HOURS AGO by: Jessica Dye
The US dollar has fallen to its lowest point in nearly 10 months on the heels of soft data on inflation and retail sales that have dimmed expectations for a third interest-rate increase in 2017.

The dollar index — which measures the greenback against a basket of peer currencies — has declined 0.6 per cent on Friday, taking it to 95.15 — its lowest point since late September, according to Bloomberg data. The index is also on track for its steepest one-day slide since June 27.

The weak reports have thrown into question whether policymakers at the Federal Reserve have been right to see other soft economic data since the start of the year as “transitory”, justifying their decision to forge ahead, for now, on a planned course of interest-rate increases in 2017.
15/07/2017 16:05
masterus Dollar falls after US CPI, retail data disappoint
0
Reuters, New York
The dollar extended its earlier decline against a basket of major currencies on Friday, after weaker-than-forecast data on consumer prices and retail sales in June raised doubts about US economic growth and whether the Federal Reserve would raise interest rates again in 2017.

US consumer prices were unchanged in June and retail sales fell for a second straight month, pointing to tame inflation.

Economists had forecast the CPI edging up 0.1 percent last month and its drop of 0.1 percent in May and the lack of a rebound in June could trouble Fed officials who have largely viewed the recent moderation in price pressures as transitory.

"The CPI data begs the question, at what point does transitory becomes something that is more sustained, in terms of the softness," said Richard Franulovich, senior currency strategist at Westpac Banking Corp in New York.

The dollar index, which tracks the greenback against six major rivals, was down 0.5 to 95.248 after earlier falling to 95.186, its lowest since September 2016.
16/07/2017 10:04
masterus The ugly finish for the US dollar points to trouble ahead
Sun 16 Jul 2017 13:04:09 GMT Author: Adam Button | Category: News
Author: Adam Button

share
US dollar closed on the lows



No one stepped up to but the US dollar on Friday, it closed on the lows of very close against the euro, Australian dollar and the Canadian dollar. Sterling wasn't far away.

The market -- generally -- still likes the US dollar but a close on the weekly lows is a technical signal you can't ignore. Add in the breakouts against the pound, CAD and Aussie, and you have a recipe for a brutal week ahead.

What's even worse is that there is no top-tier data on the calendar to give USD a hand; and the Fed is in the communication blackout.
17/07/2017 12:10
masterus urrencies
US dollar falls to 10-month low on doubts the Fed will raise rates again in 2017
Bets up that Federal Reserve is done increasing US interest rates
PUBLISHED : Tuesday, 18 July, 2017, 4:48am
UPDATED : Tuesday, 18 July, 2017, 9:58am
COMMENTS:


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The US dollar hit its lowest level against a basket of major currencies in 10 months on Monday and the Australian dollar hit a more than two-year high on strong Chinese economic data and doubts that the Federal Reserve would raise interest rates again this year.
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China’s second-quarter gross domestic product topped forecasts with a rise of 6.9 per cent on the year, while retail sales and industrial output from the world’s second-largest economy were both strong.
The data boosted the Australian dollar given the country’s trade relationship with China, analysts said. The Aussie shot to a more than two-year high of US$0.7840, with bulls targeting the 200-week moving average around US$0.8018, before turning negative against the dollar and last trading down 0.3 per cent at US$0.7801.
Fed chief Yellen says US economy healthy enough for more rate increases

The dollar hit more than two-week lows against the onshore and offshore yuan, respectively, of 6.7645 yuan and 6.7602 yuan but last traded mostly flat.
18/07/2017 10:46
masterus China’s tanks and soldiers ‘READY FOR WAR’ as army hurtles to border
CHINA has sent thousands of tanks and vehicles to its border amid fears of a looming explosive war.




7
By Henry Holloway / Published 19th July 2017
People's Liberation ArmyGETTY
CHINA: People's Liberation Army forces have been shipped a disputed border
Beijing has deployed the People’s Liberation Army to its western frontier over a deepening feud with rival India.

Military hardware has been shipped on freight trains to the Sikkim province as conflict looms.

The two nuclear-armed neighbours have been at each others throats as they both stake a claim to disputed lands on the border.

Soldiers and ground vehicles have been deployed as China carries out live fire drills in the Himalayas.
20/07/2017 10:30
masterus July 20, 2017 10:00 am JST
In a signal to China, India joins US-Japan naval exercises
Beijing's ramped-up Indian Ocean activity has New Delhi on 'full alert'
AKIRA HAYAKAWA, Nikkei staff writer
MUMBAI India is stepping up its guard against China on the high seas as well. In the Indian Ocean, on the sea route in China's "One Belt, One Road" initiative, a joint exercise was recently conducted by Japan, the U.S. and India.

The Indian navy sent an aircraft carrier to the event for the first time, and the exercise was carried out in mid-July with the American nuclear-powered aircraft carrier USS Nimitz and the Japanese Maritime Self-Defense warship Izumo, a helicopter carrier.

The joint exercises have been conducted intermittently since 2007, and the three countries all say they are not targeted at any specific country. However, they apparently hope to send a message to China. In particular, "India has been on full alert for China's move," according to a person involved in the joint exercise, as the Indian navy has spotted a dozen Chinese warships and other vessels as well as submarines in the Indian Ocean in past two months.

China has been increasingly active around the Indian Ocean in recent years. A Chinese submarine entered the port of Colombo in Sri Lanka in 2014. In the east, port construction led by China is under way in Myanmar and Bangladesh. In the west, the port of Gwadar in southern Pakistan was built with Chinese support, and Chinese warships and other vessels have called there. The Chinese navy has set up a base in Djibouti in Africa as well.

At the U.S.-India summit in June, Prime Minister Narendra Modi emphasized the importance of strengthening and expanding cooperation in defense and security. In a bilateral meeting on the sidelines of the Group of 20 summit in Hamburg, Germany, earlier this month, Japanese Prime Minister Shinzo Abe and Modi agreed to strengthen cooperation in naval security.
20/07/2017 10:35
masterus KUALA LUMPUR: AmInvestment Research sees the ringgit trading around 4.12 to 4.15 to the US dollar on Friday following several concerns affecting the greenback.

In a note to clients, the research house pointed out that it appears that the US$ is on the hit due to (1) concerns the Russian investigation may slowdown tax reform & other growth policies; (2) the potential story of Euro tapering; and (3) slower interest rate hike cycle by the Fed.

“These noises somewhat support our view that the intraday trade for ringgit against the US$ could reach around 4.12-4.15 from our fundamental analysis during our computation.
21/07/2017 09:34
masterus Bottom falling out of US dollar: Drops to near 2-year low vs the euro, 2017 loss now 10%
The dollar hit a nearly two-year low against the euro, after the European Central Bank signaled it could start discussing in the fall a plan to pare back its bond purchases.
The dollar was also under pressure because of concerns the Russian investigation could slow down tax reform and other pro-growth policies of the Trump administration.
One strategist said there's no longer any resistance against dollar weakening.
Patti Domm | @pattidomm
21/07/2017 10:05
goldentriangle Dow Jones closed at 21,580.07 (-31.71)
23/07/2017 09:52
masterus U.S. Dollar Sunk by Wave of Buying in Aussie, Euro
23 hours agoByJames Hyerczyk
The U.S. Dollar hit its lowest level against a basket of currencies since August 2016 last week as a boatload of negative factors piled up against the Greenback, causing investors to lose confidence in the currency.
September U.S. Dollar Index futures finished the week at 93.679, down 1.251 or -1.32%.
U.S. Dollar Index
Weekly September U.S. Dollar Index
The dollar was under pressure at the start of the week because dovish comments from Fed Chair Janet Yellen and disappointing consumer inflation and retail sales the previous week lowered the chances of a third Fed rate hike later in the year.
Last week’s selling pressure came in waves. The first wave of selling was fueled by a steep rally in the Australian Dollar that was caused by hawkish comments from the Reserve Bank of Australia (RBA). The second wave of selling was attributed to hawkish comments from European Central Bank (ECB) President Mario Draghi, which drove the Euro to a multi-year high.
23/07/2017 14:55
goldentriangle Dow Jones closed at 21,513.17 -66.90
(-0.31 percent)
25/07/2017 05:58
masterus Chinese crude oil imports are expected to exceed 400 million tons this year, and to further rise next year, Zhang Haichao, vice president of Sinopec Group, told Reuters on Tuesday.

The estimate provided by Zhang means that Chinese demand for foreign crude would rise by 400,000 bpd, and for the first time ever, rising imports could make China the world’s top crude oil importer on an annual basis, according to Reuters.

Chinese customs data has revealed that the world’s second-largest consumer of crude oil imported 8.55 million bpd during the first half of the year, or 212 million tons in total – a 13.8-percent annual increase. The growth in imports comes on the back of higher refinery runs after a maintenance period, as well as dwindling local crude production.
26/07/2017 10:04
masterus Brent rise to $50 above.
26/07/2017 10:04
masterus Senate Health-Care Debate Opens With Rejection of McConnell Plan
26/07/2017 11:14
goldentriangle Nasdaq was tumbling and
closed at 6,382.19 -40.56 (-0.63 pcent)
28/07/2017 04:53
goldentriangle North Korea says new missile test proves it has capability to nuke any part of US
They launched second flight test of an intercontinental ballistic missile on Saturday.
30/07/2017 10:28
goldentriangle http://www.oregonlive.com/today/index.ssf/2017/07/north_korea_says_new_missile_t.html
30/07/2017 10:28
goldentriangle Nasdaq collapsed and closed
at 6,348.12 -26.55 points , -0.42 %
01/08/2017 06:54
meistsk3134 who going take over the grandpa??????
01/08/2017 21:04
william retiree soon teh...
04/08/2017 15:34
leslieroycarter In order to prevent take over bid , PBB should increase the no of shares via share split and bonus issue , creating a big capital base , double or triple the present paid up capital . After split , the share shall be more tradable to facilitate trading and creation of more attractive atmosphere.
04/08/2017 17:19
leslieroycarter Hoping the days may come when Tey stepped down.
07/08/2017 16:57
masterus The Russian government will intensify efforts to cut the country’s dependence on US payment systems and the dollar as a settling currency, said Deputy Foreign Minister Sergey Ryabkov on Monday, as quoted by RIA Novosti.
Read more
© Maxim ZmeyevSanctions reload ushers in the ‘new normal’ for Russia
“We will, of course, speed up the work on import substitution, reduce dependence on US payment systems, on the dollar as a settling currency and so on. It is becoming a vitally important,” said Ryabkov.

“The US is using its dominating role in the monetary and financial system to impose pressure on foreign business, including Russian companies,” added the deputy minister.
07/08/2017 23:25
masterus 16 HOURS AGO by: Amy Kazmin in New Delhi
On a windswept Himalayan plateau usually frequented by seasonal yak herders, hundreds of troops from China’s People’s Liberation Army and the Indian Army are locked in a stand-off over a small but strategic piece of land.

Bullets are not flying, but rhetoric is, with Beijing warning New Delhi to “correct its mistake” by withdrawing its troops from the contested terrain, that China calls its own. 

India — which says it is has merely come to the defence of its tiny neighbour Bhutan that also claims the land — has ruled out a unilateral withdrawal, while insisting it wants a peaceful resolution of the problem.
07/08/2017 23:29
masterus Flyer launched for the protest.
DHARAMSHALA: Tibetans living in exile in India are going to hold a protest rally under the banner 'Tibet's independence, India's security' in Delhi over worsening relations between India and China due to the Doklam issue. Tibetan Youth Congress (TYC), one of the largest groups formed of young Tibetans in 1970, has given a call to this rally. It will take place on August 11, 2017. Tibetans will gather at Ramlila Maidan and will hold procession till Jantar Mantar in the national capital.
The organization has 35,000 members worldwide. "We are the largest NGO in exile and are going to hold this rally to highlight that Tibet's independence is the safest guarantee for India's security and peace along the Himalayas. We believe that Tibetans must be a part of discussions concerning the borders" said Tenzin Jigme, President of TYC.

Headquarters of the TYC are situated in Mcleodganj near here. It has 88 chapters in various countries, out of which 65 are in India who would be participating in this protest along with some Indian groups also, said officials of the organization. "Confirmations about the Indian leaders and groups will come in a day or two" they said.
07/08/2017 23:31
masterus Hong Kong dollar hits 10-year low against greenback
City's currency suffers sell-off for higher-yielding US dollar and yuan
JOYCE HO, Nikkei staff writer

HONG KONG -- The Hong Kong dollar hit its weakest level against the greenback in a decade on Tuesday, as flush liquidity continued to curb Hong Kong money market rates and spurred carry-trades for the higher-yielding dollar and yuan.

The local currency, pegged at 7.75-7.85 to the dollar, edged beyond 7.82 for the first time since August 2007, when the U.S. subprime mortgage crisis erupted. It breached the mid-point of the trading band in June, after a sustained devaluation since January.

The Hong Kong dollar is one of the few currencies in the region that has devalued against the U.S. dollar year-to-date, along with the Philippines peso and Sri Lankan rupee. It has so far weakened by 0.89%, while the Japanese yen and Australian dollar have risen 5.4% and 9.76% respectively.

"The recent weakness in [the Hong Kong dollar] is clearly a 'pricing phenomenon' on the back of a continued widening in the interest rate differential between the U.S. and Hong Kong," wrote Irene Cheung, senior strategist for Asia at the Australia and New Zealand Banking Group, in a note on August 4.
09/08/2017 13:06
goldentriangle Dow jones & Nasdaq both in red !
Dow Jones closed at 22,048.70 (-36.64) (-0.17%)
Nasdaq closed at 6,352.33 (-18.13) (-0.28%)
10/08/2017 05:36
stockranger jut switched some holding to Petronm for exciting news on extraordinary performance soon.

Should refer to : https://klse.i3investor.com/blogs/david_petronm/129620.jsp
10/08/2017 10:28
goldentriangle All asian stock markets big plunged !
Hang Seng=> 27,276.47 (-480.62)(-1.73%)
Shanghai=> 3,240.69 (-34.88)(-1.06)
Taiwan=> 10,324.48 (-145.90)(-1.38%)
Korea => 2,342.00 (-26.39)(-1.11%)
10/08/2017 11:56
goldentriangle Nasdaq Collapsed (Tech stocks bubble burst?)
Nasdaq closed at 6,216.87 (-135.46) (-2.13%)
Dow Jones also Tumbling Down (Economy Crisis Come?)
Dow Jones closed at 21,844.01 (-204.69) (-0.93%)
11/08/2017 05:16
goldentriangle OMG, Hong Kong Hang Seng further Collapsed,
As at 1.55pm Hang Seng at 26,921.72 (-522.28)
(-1.90%)
11/08/2017 13:57
masterus KUALA LUMPUR, Aug 15 — The ringgit is expected to return to its ‘fair value’ in the second half of this year, much earlier than initially expected in the first half of 2018, according to Standard Chartered’s (StanChart) latest Global Research report released today.
The report showed that the ringgit remained highly attractive from a valuation standpoint.
“This is particularly relevant in an environment where investors, in their search for yield, are settling for assets with stretched foreign exchange (FX) valuations elsewhere in emerging markets,” it said.
StanChart justified that it had a short- and medium-term “overweight” FX weightings on the Malaysian currency.
It recently estimated the ringgit to trade at 4.20 against the US dollar in the third quarter this year and 4.10 at end-2018.
15/08/2017 17:24
masterus August 16, 2017 4:13 am JST
Volatility spikes as Hong Kong dollar continues to slide
Jittery traders keep eyes peeled for hint of market intervention
KEIICHIRO MORIYASU, NQN staff writer

© Reuters
HONG KONG -- The Hong Kong dollar's fall to the lowest level since the global financial crisis last week has raised anxiety among currency traders who now see a higher likelihood of market intervention. A nervous market has in turn made the currency more vulnerable to wild swings.

Under a currency board system, the Hong Kong dollar is pegged to the greenback at a range of HK$7.75-7.85. The exchange rate hovered at close to the HK$7.75 ceiling at the start of 2017, but it has declined gradually to fall to near HK$7.8275 on Aug. 9. That price is within arm's reach of the HK$7.8294 low recorded on Jan. 20, 2016.

While within the accepted range of the pegged system, the Hong Kong dollar's weakness is surprising, given that Hong Kong equities have excelled this year even among high-performing Asian peers, and housing prices are on the rise as well. Normally one might well expect investor cash to pour in, buoying the currency.
16/08/2017 15:28