Posted by worldbaba > 2017-06-13 15:06 | Report Abuse

Take profit and buy ambank. Totally oversold

Posted by worldbaba > 2017-06-13 16:21 | Report Abuse

Ambank going to stage a rebound

Posted by masterus > 2017-06-14 07:48 | Report Abuse

FRANKFURT: The European Central Bank (ECB) said Tuesday it had exchanged part of its US dollar reserves for Chinese yuan for the first time, in a sign of the growing global importance of Beijing’s currency.

The Frankfurt institution “completed an investment equivalent to 500 million euros (RM2.4bil) of the ECB’s foreign reserves in Chinese renminbi (CNY) during the first half of 2017,” it said in a statement.

Justifying its decision, the ECB said that “the use of CNY as a global international currency has increased in recent years,” being declared a freely-usable currency by the IMF in 2015.

”The ECB’s investment also reflects the importance of China as one of the euro area’s largest trading partners,” it added.

Its purchase of the Chinese cash was paid for with “a small portion of its US dollar holdings, which remain the largest portfolio,” it added.

The ECB’s foreign reserves, held in US dollars, Japanese yen, Chinese renminbi, and International Monetary Fund Special Drawing Rights (SDRs), remained at the same overall size.

Figures released last month showed that the ECB’s official reserves stood at over 68 billion euros at the end of April, including 47.7 billion euros in foreign currencies and 18.8 billion euros in gold.

The ECB only publishes figures on its holdings of individual currencies in its annual report at the end of each year.

In December 2016, the central bank held US$46.8bil in US dollars (41.7 billion euros), and 1.1 trillion Japanese yen (8.8 billion euros). - AFP

Posted by darkstar > 2017-06-14 16:46 | Report Abuse

Strong and steady CIMB

Posted by masterus > 2017-06-14 17:26 | Report Abuse

In rare feud, Singapore PM Lee under attack by his siblings
The younger siblings of Singaporean Prime Minister Lee Hsien Loong have accused him of abusing power in a public statement.
The PM, currently on leave, has denied the allegations.
Nyshka Chandran | @nyshkac
4 Hours Ago
CNBC.com
73
SHARES
A rare feud between Singaporean Prime Minister Lee Hsien Loong and his siblings has publicized the deep divisions weighing on the island-nation's first family.

In an explosive statement on Wednesday, Lee Wei Ling and Lee Hsien Yang — the PM's younger sister and brother, respectively — accused their elder brother of abusing power and exploiting their father's legacy for political gain.

The city-state's first PM and father to all three siblings, Lee Kuan Yew (LKY) passed away in March 2015.

Prime Minister Lee Hsien Loong of Singapore
Getty Images
Prime Minister Lee Hsien Loong of Singapore
"Since the passing of LKY, we have felt threatened by Hsien Loong's misuse of his position and influence over the Singapore government and its agencies to drive his personal agenda," Wei Ling and Hsien Yang said.

Wei Ling has long been a vocal critic of PM Lee — last year, she denounced him for using LKY's one-year death anniversary as a political tool in a series of Facebook posts — but Hsien Yang, chairman of the country's Civil Aviation Authority, has steered clear of public family spats until now.

In their statement, widely carried on social media and local newspaper the Straits Times, the siblings expressed fear that state organs would be used against them. Hsien Yang said he was leaving Singapore, citing the PM as the sole reason for his departure.

"If Hsien Loong is prepared to act thus against us, both contributing members of Singapore's establishment, to advance his personal agenda, we worry for Singapore."

Instead of demolishing LKY's house as the former leader desired, the PM has sought to make the residence his personal home — a move that would enhance his political capital, the siblings continued.

The PM and his wife Ho Ching — CEO of Temasek Holdings, Singapore's $196 billion sovereign wealth fund — also harbored political ambitions for their son Li Hongyi, the statement said.

Posted by POORDAD > 2017-06-14 17:39 | Report Abuse

masterus: how are those articles related to cimb? got impact to price?

Posted by oasischeah > 2017-06-14 17:58 | Report Abuse

EPF dispose so much. Who is the real buyer now??

Posted by prudentinvestor > 2017-06-14 21:27 | Report Abuse

Foreign funds are buying. Was around 4.20 only a year ago. Has gone up by over 60% which is too fast and too far.

Posted by worldbaba > 2017-06-15 09:29 | Report Abuse

That's why move to ambank!

Posted by masterus > 2017-06-15 12:14 | Report Abuse

Chinese yuan strengthens to 6.7852 against USD Thursday
Source: Xinhua| 2017-06-15 09:47:51|Editor: Mengjie

BEIJING, June 15 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 87 basis points to 6.7852 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Posted by free2invest > 2017-06-15 16:33 | Report Abuse

This election counter....many foreign funds know it. So will 'goreng' until election announcement.

Posted by PrincessPi > 2017-06-15 16:53 | Report Abuse

stock selling dont get trapped

Posted by darkstar > 2017-06-15 20:02 | Report Abuse

CIMB teams up with Lazada to offer prepaid Mastercard
June 15, 2017 18:30 pm MYT

Posted by Bulat > 2017-06-15 22:20 | Report Abuse

Tmr change the bigger h/p pump to pump up again

Posted by yee > 2017-06-21 15:51 | Report Abuse

how is CIMB share targeted to be ? Needed to sell and buying again ?

Posted by Cornerstone > 2017-06-21 15:51 | Report Abuse

think u better ask Nazir Razak..

Posted by yee > 2017-06-21 17:21 | Report Abuse

I wish to ... ... LOL

Posted by masterus > 2017-06-22 13:14 | Report Abuse

The US Dollar continued to slide against the Japanese Yen Thursday despite a lack of obvious catalysts and, indeed, a rather “dovish” speech form the Bank of Japan’s Deputy Governor Kikuo Iwata.

There was nothing new in his comments to business leaders. He reminded them, as if they needed it, that the inflation outlook remains skewed to the downside and that, in his view, the BoJ must carry on with its “powerful” monetary easing. He noted that inflation remains low despite record corporate profits and a domestic labor market near full employment.

Consumer prices were rising at an annual 0.4% in Japan at last official look, clearly way below the 2% target, which hasn’t been neared since 2015.

Still, at the very least this sort of commentary underlines the fact that the central bank is nowhere near considering any exit from its extraordinary levels of monetary accommodation. It has been under pressure to explain how it would unwind some of its stimulus as the bonds bought in the name of that program have seen the BoJ’s balance sheet surpass the Gross Domestic Product of Japan.

Nevertheless USD/JPY faded further as the Asian session went along. The greenback made three-week highs on Tuesday but has retreated gradually since

.

Posted by masterus > 2017-06-22 16:33 | Report Abuse

(File pix) Ringgit appreciated against the Singapore dollar to 3.0838/0878 from Wednesday’s close of 3.0843/0869 and strengthened against the yen to 3.8532/8582 from 3.8574/8608 yesterday. Reuters Photo
By Bernama - June 22, 2017 @ 10:18am
KUALA LUMPUR: The ringgit opened higher against the US dollar today on mild buying, dealers said.

At 9 am, the local unit stood at 4.2840/2880 against the greenback from 4.2860/2890 on Wednesday.

A dealer said the market sentiment was lifted by better economic data from the Department of Statistics which showed that inflation in May rose 3.3 per cent year-on-year as compared to 4.4 per cent in April.

The ringgit, however, was traded mixed against a basket of major currencies.

It appreciated against the Singapore dollar to 3.0838/0878 from Wednesday’s close of 3.0843/0869 and strengthened against the yen to 3.8532/8582 from 3.8574/8608 yesterday.

The local unit eased against the British pound to 5.4283/4342 from 5.4085/4131 yesterday and edged down against the euro to 4.7818/7871 from 4.7759/7809 on Wednesday. -- Bernama

Posted by Nazir_Razak > 2017-06-26 14:02 | Report Abuse

KWAP last bought 2 million shares on 19th June. Bottoming out?

23-Jun-2017 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 2,000,000 shares on 19-Jun-2017.
https://klse.i3investor.com/servlets/forum/800000299.jsp

Posted by ivan9511 > 2017-06-27 23:22 | Report Abuse

from 3.93 until now almost 100% untung
cimb really bull now

Posted by limch > 2017-06-28 04:25 | Report Abuse

Rakuten Trade Research head Kenny Yee on his part expects a weak ringgit to be the major factor in pushing the stock market higher in the second half of the year.
He forecasts the FBM KLCI to end the year at 1,850 points on a price earnings ratio of 16.5 times, and may even overshoot the 1,900-point level.

Read more at http://www.thestar.com.my/business/business-news/2017/06/24/market-expectations-in-the-second-half/#fvWTWXLsOM0HGqcg.99

Posted by limch > 2017-06-28 04:25 | Report Abuse

If CI end 2017 1850-1900 so CIMB RM 7.5-8?

Posted by darkstar > 2017-06-28 13:15 | Report Abuse

Wow suddenly high opening price

Posted by shortinvestor77 > 2017-06-28 23:21 | Report Abuse

Yes. In your dream!

Posted by Beza > 2017-06-29 12:31 | Report Abuse

Samsung Asset Management is buying Malaysian banking, property and construction stocks on bets the government will pump prime ahead of the election, according to Hong Kong-based fund manager Alan Richardson. Meanwhile, it’s paring technology and commodity-related holdings.
Read more at http://www.thestar.com.my/business/business-news/2017/06/29/the-ringgit-is-easily-asia-strongest-currency/#wyuIqW7Z0zpbjzUA.99

Posted by shortinvestor77 > 2017-06-29 14:02 | Report Abuse

http://www.cnbc.com/2017/06/28/citi-doubles-dividend-bank-shares-jump-after-industry-passes-fed-stress-tests.html

Posted by shortinvestor77 > 2017-06-29 14:03 | Report Abuse

http://www.cnbc.com/2017/06/28/citi-doubles-dividend-bank-shares-jump-after-industry-passes-fed-stress-tests.html

Posted by shortinvestor77 > 2017-06-29 16:59 | Report Abuse

http://www.klsescreener.com/v2/news/view/249997

Posted by masterus > 2017-06-30 12:59 | Report Abuse

KUALA LUMPUR, June 29 (Xinhua) -- BMI Research, a Fitch group company, upgraded Malaysian ringgit forecast for these two years on Thursday after it sees some stability in Chinese yuan.
"A more stable yuan will be positive for the ringgit given that China is one of Malaysia's largest trade partners," said BMI Research in a report.
The yuan and the ringgit have continued to move in the same direction, said the research house, adding that it believes that a stable yuan reduces tail risks facing the ringgit, as significant yuan weakness would likely impose downward pressure on the ringgit.
The research house said it has upgraded yuan forecast and has also forecast that the ringgit could hit 4.200 against U.S. dollar in 2017 and it could hit 4.100 against U.S. dollar in 2018 from 4.350 and 4.200 respectively, to reflect the ringgit's stronger-than-expected performance thus far.

Posted by TheLegend27 > 2017-06-30 15:38 | Report Abuse

suddenly drop so much. ohmai

Posted by Beza > 2017-06-30 15:48 | Report Abuse

They sell, they buy!

Posted by mamatede > 2017-06-30 15:50 | Report Abuse

what a dive

Posted by Kyou > 2017-06-30 15:50 | Report Abuse

Drop alot...蓝筹股回调？

Posted by POORDAD > 2017-06-30 16:04 | Report Abuse

knn ccb stupid drop

Posted by TheLegend27 > 2017-06-30 16:07 | Report Abuse

roller coaster ride

Posted by TheLegend27 > 2017-06-30 16:07 | Report Abuse

up back so much

Posted by khwong2028 > 2017-06-30 16:12 | Report Abuse

lol knn

Posted by sonicleong > 2017-06-30 16:13 | Report Abuse

super volatile

Posted by sonicleong > 2017-06-30 16:22 | Report Abuse

i nearly sold....

Posted by mamatede > 2017-06-30 18:38 | Report Abuse

wondering who dump the shares like that lor

Posted by darkstar > 2017-06-30 20:47 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD 30-Jun-2017 Acquired 4,600,000
EMPLOYEES PROVIDENT FUND BOARD 30-Jun-2017 Acquired 619,800
EMPLOYEES PROVIDENT FUND BOARD 30-Jun-2017 Disposed 7,053,800

Posted by masterus > 2017-07-01 14:25 | Report Abuse

MARKET NEWS | Fri Jun 30, 2017 | 4:12pm EDT
U.S. dollar net longs fall to lowest in about a year -CFTC, Reuters
Speculators cut net long positions on the U.S. dollar to the lowest level in nearly a year, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.

The value of the dollar's net long position fell to $4.50 billion in the week ended June 27, from $7.82 billion the previous week, and the lowest since the first week of July last year.

Euro net longs, meanwhile, rose in the latest week, CFTC data showed. (Reporting by Saqib Iqbal Ahmed; Editing by Chizu Nomiyama)

Posted by nasaie24 > 2017-07-02 20:19 | Report Abuse

9.00 by 9.9

Posted by shortinvestor77 > 2017-07-02 20:34 | Report Abuse

Golden Triangle, leave Bursa and I3. Don't disturb.

Posted by Kyou > 2017-07-03 09:54 | Report Abuse

Drop alot since last week ... bleeding non stop..

Posted by prudentinvestor > 2017-07-03 10:23 | Report Abuse

Market should fall for a few days. Still not too late to sell first and buyback at lower price later.

Posted by enning22 > 2017-07-03 10:36 | Report Abuse

epf sells some of its holdings

Posted by investmalysia > 2017-07-03 10:38 | Report Abuse

maybe drop back to RM4

Posted by nasaie24 > 2017-07-03 11:23 | Report Abuse

6.53 nobody want to mention?