[9:06 AM, 4/13/2018] +60 17-734 3252: 13/4/2018
FKLI Apr 18
Previous Close: 1869 -4
FKLI closed slightly below 1870 level yesterday as profit taking in stock market, mainly by foreign fund. US stock market up near 300pts yesterday, FKLI may open high later and retest previous high around 1876.5.
Daily chart show an overall sideway to higher ascending triangle pattern, wait for breakout, but stay cautious as divergence with RSI remains. Close above 1876.5 to trigger further rebound signal.
Classic Support & Resistance
Resistance: 1876.5 1885
Support: 1863.5 1852 1843
Recommend Trading Plan for the day:
1. Look for buy signal if break above 1876.5.
2. Sell 1867 for correction, stop 1872, profit 1862/1857.
FKLI Margin Requirement
Intraday MYR 2000
Overnight MYR 4000
Spread MYR 500
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[9:14 AM, 4/13/2018] +60 17-734 3252: Happy Trading (13 April 2018)
DJIA +293.6 (24483.05)
US 10-Yr Bond Yield +0.053 (2.843%)
Gold -18.1 ($1341.9)
News Update:
US stocks jumped and closed higher as Syria concerns eased and bank shares led gains including J.P. Morgan Chase, Citigroup and Goldman Sachs ahead of earnings.
WTI Crude: +0.25 ($67.07); Brent:-0.04 ($72.02)
Oil prices pared losses and closed higher on mounting political tension after a report that Saudis intercepted another missile attack over Jazan.
Europe
European stocks surged as concerns over potential military conflict in Syria eased after President Donald Trump clarified his position and earnings season start.
Asia
China stocks dipped as weakness in financial and transport stocks amid rising Middle East tensions. While Hong Kong shares pared gains and closed lower as investors remained cautious amid rising tensions in the Middle East.
Japanese shares dropped as worries about possible US military action against Syria weighed on investors risk appetite while retail sector was in focus on earnings releases.
Upcoming Events:
3.00am GBP BOE Gov Carney Speaks
11.00am CNY Exports, Imports and Trade Balance
2.00pm EUR Trade Balance
10.00pm USD Prelim UoM Consumer Sentiment & Inflation Expectations
FKLI (KLCI: 1873.62)
-market pared gains and closed lower on last minutes buying in blue-chip stocks including KLK,, Petronas Gas Bhd, Hong Leong Bank Bhd and Hong Leong Financial Group Bhd
-market likely to move lower if market stays below 1870; target market range 1850-1870
-support level:
S1 1865 S2 1859 S3 1853
-resistance level:
R1 1870 R2 1876 R3 1882
-yesterday daily settlement: 1869
strategy 1: Short if stay below 1865
tg stop 1871
tg exit 1847
strategy 2: Long if stay above 1875
tg stop 1869
tg exit 1893
FCPO
-market pared losses and closed lower as weakness in related edible oils and Iceland's move to ban palm oil products
-market likely to move higher if market stays above 2420; target market range 2420-2460
-support level:
S1 2420 S2 2408 S3 2396
-resistance level:
R1 2430 R2 2442 R3 2454
-yesterday daily settlement: 2423
strategy 1: Long if stay above 2425
tg stop 2413
tg exit 2461
strategy 2: Short if stay below 2405
tg stop 2417
tg exit 2369
* DISCLAIMER: FOR INFO ONLY. TRADING CARRIES RISK *
MALAYSIA'S STOCK MARKET
Thursday, April 12, 2018
Tuesday, February 14, 2012
How the Iran Nuclear Standoff Looks From Russia: Dmitri Trenin
Tehran is located 1,531 miles
(2,464 kilometers) from Moscow. In 2010, Russia had a defense budget of
$59 billion and 1 million active armed forces personnel; Iran's defense
budget was $7 billion with 523,000 active armed forces personnel.
Russia's nuclear weapons arsenal is estimated to include 10,566
warheads; the capacity of Iran's nuclear program is uncertain. Charts by
Everything Type Company
By
Dmitri Trenin
Feb 15, 2012 8:00 AM GMT+0800
International Monetary Fund, Direction of Trade Statistics, 2011; International
Institute for Strategic Studies Military Balance, 2010; Stockholm International
Peace Research Institute Yearbook, 2011; World Bank; Arms Control Association;
U.S. Energy Information Administration.
International Monetary Fund, Direction of Trade Statistics, 2011; International
Institute for Strategic Studies Military Balance, 2010; Stockholm International
Peace Research Institute Yearbook, 2011; World Bank; Arms Control Association;
U.S. Energy Information Administration.
In the early 20th century, Russia and the U.K. divided Iran into zones of influence. The Russians got the north and proceeded to occupy Iran twice, during each of the world wars. When Franklin Delano Roosevelt and Winston Churchill met with Josef Stalin in Tehran in 1943, they were protected by the Red Army.
Yet there was never much love lost between the two countries. To Iranians, Russia was too powerful and too threatening. Russians, meanwhile, remembered their own embassy trauma at Iranian hands in 1829. Every schoolchild knows the fate of Alexander Griboyedov, the czar’s ambassador to Persia, who was murdered, with his entire embassy staff, by an angry Tehran mob. Griboyedov was a great Russian author, many of whose lines Russian children -- and grown-ups -- know by heart.
This brief background is vital to understanding where Russians are coming from as they approach Iran’s nuclear program, and why they have adopted such a stop-go approach to supporting international efforts to rein it in. Although Russia has backed limited sanctions at the United Nations, it has clashed with the U.S. and Europe over the much tougher sanctions they are now imposing unilaterally. It strongly opposes any use of military force.
Cyrus and Xerxes
Russians see their neighbor as a historical empire -- going back to the days of Cyrus and Xerxes -- which now seeks to reassert itself as a regional power in the Greater Middle East. They see, all at once, a young and growing population already half the size of Russia’s, a proud nation determined to rise to its full potential, and clever wheeler-dealers always looking for a bargain. They see, too, ruthless fanatics driven by some weird interpretation of their religion -- and shiver as they remember Griboyedov.If such a country, many Russians reason, wants to acquire nuclear weapons, it probably will. Bombing known facilities would set back the nuclear program, but would also ensure that Iran eventually gets the bomb, to deter any such attacks in the future. The only way to prevent Iran from having nuclear weapons, the Russians believe, is for the international community to craft a deal under which Iran would agree to stop after achieving a nuclear-weapons capability, while the world’s leading powers would agree to reintegrate Iran into the international community by dropping sanctions, unfreezing assets and admitting Iran into the World Trade Organization.
The Russians are not resigned to the prospect of Iran getting nuclear weapons and perfecting its missiles to carry them. Iran, after all, is a close neighbor, meaning that even its medium-range systems can reach deep into Russia. Diplomats from Moscow have been trying hard, in the past decade, to nudge the Iranians toward some sort of a compromise with the world’s powers and have hoped to secure special benefits in exchange for Russia’s role as a mediator in the process. So far, the attempt has failed, but Russia has not given up entirely.
Russia, as a result, is often portrayed as Iran’s ally. Yet the notion sounds weird to most Russians, and probably to most Iranians, too. True, Russia has been selling arms to the regime in Tehran, but Russian weapons dealers have learned to look at their trade as profit-making par excellence. As for Iran, it might prefer other partners to boost its military, but doesn’t have much choice. A couple of years ago, Russia canceled delivery of an air-defense system in an effort to pressure Iran. The Iranians were not amused.
Bushehr Reactor
Russia is also continuing its nuclear-energy cooperation with Iran. The Bushehr reactor, Iran’s first, has been completed at long last. The Russians see nuclear energy as one of the few fields in which they are globally competitive. They look at Iran as a promising market they would be loath to cede to rivals. Russian officials, however, imposed a condition: Iran had to return all spent fuel to Russia for processing, thus preventing its use in a nuclear-weapons program.Where the assessment in Moscow does differ from that in Washington is in the scale of the Iranian threat, both in terms of capabilities and intentions. Russians tend to be more conservative in their estimate of Iran’s progress on the nuclear and missile tracks, often pointing to exaggerated American warnings in the past. Russia’s frequent references to the “lack of hard evidence” of the military nature of the Iranian nuclear program are probably meant to keep the door open for dialogue.
As to the intentions of the leadership in Tehran, the Russians are ambivalent. For a number of years after the fall of the Soviet Union, Iran turned out to be a very useful partner for Russia, particularly by abstaining from expanding its revolution to the new Muslim states of the former Soviet Union and by refusing to condemn Russia’s war in Chechnya. Iran even helped Russia to join the Organization of the Islamic Conference as an observer, and in the 1990s helped to end the civil war in Tajikistan, where a variant of Farsi is spoken.
This pragmatic side of Iranian politics, associated in the past with the likes of former Presidents Ali Akbar Hashemi Rafsanjani and Mohammad Khatami, has been overshadowed more recently by the far less cheerful streak of dark warnings and messianic rhetoric from the current president, Mahmoud Ahmadinejad. Neither Russian Prime Minister Vladimir Putin nor President Dmitry Medvedev succeeded in getting much out of him.
Meanwhile, the supreme leader of Iran, the impervious Ayatollah Ali Khamenei, and the increasingly powerful Revolutionary Guard Corps remain totally out of reach for officials in Moscow. Russian Iran-watchers analyzing the evolution of the political regime in Tehran expect it to change in a pretty fundamental way in the foreseeable future, but they have no clue as to the time frame or the direction of the change.
Russians are watching warily as tensions around Iran continue to rise. Sanctions, they think, beyond those already authorized by the UN Security Council, would weaken Iran’s pragmatists and empower its ideologues. Russia believes that the even more stringent sanctions imposed by the U.S. and its European allies not only won’t do what the West wants -- stop the Iranian nuclear program or turn the Iranian people against their government -- but also will fail to stave off an Israeli airstrike. Such an attack inevitably would drag the U.S. into the fray. That means, unless diplomacy is given one last chance, the two things that concern Russian leaders most -- a U.S. war against Iran, and an Iran armed with nuclear weapons -- may become a reality soon.
(Dmitri Trenin is director of the Carnegie Moscow Center. This is the first in a series of op-ed articles about Iran, from writers in countries that have a direct interest in the escalating debate over how to rein in its alleged nuclear weapons program. The opinions expressed are his own.)
editor comment:
it obviously seem Iranian had alliance with federal power of Russian, America, France, Britain, and China.
this 5 super power united supported Iranian against Muslim world.
Sunday, October 24, 2010
Bursa Malaysia, regional market mostly in positive territory
KUALA LUMPUR: Share prices on Bursa Malaysia at mid-morning traded in the positive territory, in line with the trend of regional markets. Trading interest in the local stock market rose ahead of the official launch of the government’s Economic Transformation Programme today.
Sentiment was also boosted by the optimistic prospects in the region, especially with China’s next five-year economic plan to boost domestic consumption. On top of that, some feel-good effect also arose after the Group of 20 officials over the weekend pledged to refrain from “competitive devaluation” and to let markets set foreign- exchange values.
The FBM-KLCI at 10.30am today was at 1,493.75, up 3.11 points, with turnover at 314.36 million shares valued at RM234.9mil. There were 334 gainers, 175 losers and 263 counters traded unchanged on the Bursa Malaysia.
Top gainers at mid-morning were Kuala Lumpur Kepong Bhd, up 44 sen to RM18.94; Southern Acids (M) Bhd, up 27 sen to RM2.97; and Boustead Holdings Bhd, up 26 sen to RM5.92. And counters gaining 20 sen each were Batu Kawan Bhd to RM15.50; British American Tobacco (M) Bhd to RM47; and Panasonic Manufacturing Malaysia Bhd to RM18.70.
Top losing counters at mid-morning were Nestle (Malaysia) Bhd, down 20 sen to RM44. Losing 10 sen each were DFZ Capital Bhd to RM3.52, Far East Holdings Bhd to RM6.70, and Shell Refining Company (Federation Of Malaya) Bhd to RM10.60. Shedding eight sen each were Genting Bhd to RM10.42 and PETRONAS Gas Bhd to RM11.18.
In the region, Singapore’s Straits Times Index gained 14.36 points to 3,187.93; Hong Kong’s Hang Seng Index 195.74 points to 23,713.28; Shanghai’s A share index 4.83 points to 2,979.87; and Seoul’s Kopsi Index 10.12 points to 1,907.43. Tokyo’s Nikkei 225 was down 26.91 points to 9,399.80.
Nymex crude oil was quoted at US$82.42 per barrel as at 10.32am. At 10.42am, spot gold was at US$1,338.60 per ounce, up US$10.15 an ounce; while ringgit was quoted at 3.0940 to the US dollar.
Sentiment was also boosted by the optimistic prospects in the region, especially with China’s next five-year economic plan to boost domestic consumption. On top of that, some feel-good effect also arose after the Group of 20 officials over the weekend pledged to refrain from “competitive devaluation” and to let markets set foreign- exchange values.
The FBM-KLCI at 10.30am today was at 1,493.75, up 3.11 points, with turnover at 314.36 million shares valued at RM234.9mil. There were 334 gainers, 175 losers and 263 counters traded unchanged on the Bursa Malaysia.
Top gainers at mid-morning were Kuala Lumpur Kepong Bhd, up 44 sen to RM18.94; Southern Acids (M) Bhd, up 27 sen to RM2.97; and Boustead Holdings Bhd, up 26 sen to RM5.92. And counters gaining 20 sen each were Batu Kawan Bhd to RM15.50; British American Tobacco (M) Bhd to RM47; and Panasonic Manufacturing Malaysia Bhd to RM18.70.
Top losing counters at mid-morning were Nestle (Malaysia) Bhd, down 20 sen to RM44. Losing 10 sen each were DFZ Capital Bhd to RM3.52, Far East Holdings Bhd to RM6.70, and Shell Refining Company (Federation Of Malaya) Bhd to RM10.60. Shedding eight sen each were Genting Bhd to RM10.42 and PETRONAS Gas Bhd to RM11.18.
In the region, Singapore’s Straits Times Index gained 14.36 points to 3,187.93; Hong Kong’s Hang Seng Index 195.74 points to 23,713.28; Shanghai’s A share index 4.83 points to 2,979.87; and Seoul’s Kopsi Index 10.12 points to 1,907.43. Tokyo’s Nikkei 225 was down 26.91 points to 9,399.80.
Nymex crude oil was quoted at US$82.42 per barrel as at 10.32am. At 10.42am, spot gold was at US$1,338.60 per ounce, up US$10.15 an ounce; while ringgit was quoted at 3.0940 to the US dollar.
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