Introduction to Future Trading (Mandarin) @ Penang (23 Dec)

CIMB are pleased to announce that there will be a FREE workshop in Penang on Introductory to Futures Trading (Mandarin) organised by CIMB Investment Bank Berhad exclusively for all i*Trade@CIMB customers.

 

In this workshop, we will demonstrate the facility to trade futures which include FKLI & FCPO. This workshop will cover:

 

·  What is futures trading?

 

·  Why trade futures?

 

·  How to start futures trading?

 

·  Performing buy & sell

 

·  Charts

 

Workshop Details:

Date	23rd December 2009 (Wednesday)
Programme	12:15 pm – Registration   12:30 pm – Introductory to Futures Trading   1:15 pm – Q & A   1.30 pm – End of workshop
Venue	CIMB Investment Bank Bhd Ground Floor, Suite 1.01 Menara Boustead 39 Jalan Sultan Ahmad Shah 10050 Penang

 

Don’t miss this OPPORTUNITY to learn and maximize the full potential from our Futures Trading services.

 

For registration, please contact i*Trade@CIMB Call Center at 04-2385 900/926 or email us at itradepg@cimb.com not later than by 22^nd December 2009 (Tuesday). Registration is on a first-come-first-serve basis.

 

Technical Analysis & Charting Course in KL (Mandarin)

Market Outlook & Technical Analysis in KL (12 Dec 2009)

CIMB are pleased to announce that there will be a FREE seminar entitled Market Outlook by CIMB Research and How To Identify Price Breakout From Proven Chart Patterns by ChartNexus Pte Ltd and wholly organized by CIMB Investment Bank Berhad in Kuala Lumpur.

 

Schedule:-

 

Date	12th December 2009 (Saturday)
Time	9.00 am – Registration   9.30 am – Market Outlook by CIMB Research   10.30 am – Refreshment   11.00 am – How To Identify Price Breakout From Proven Chart Patterns   12.15 am – Q & A Session   12.30 am – Account Opening Consultation
Venue	CIMB Auditorium Ground Floor Bangunan CIMB Jalan Semantan Damansara Heights Kuala Lumpur

 

For registration, please email us at itrade_events@cimb.com or call i*Trade@CIMB Call Centre at 03-2084 9890 not later than 10^th December 2009 (Thursday).

 

*Registration is on a first-come-first-serve basis.

 

Market News - 02 Dec 2009

Wall St rose 1.2%, on easing concern over default of Dubai World, which is seeking to restructure a smaller sum of USD26bln, and US pending home sales rose 3.7% in Oct, for the 9^th month. However, auto sales were down sharply, 10-15%, in November from Oct, although year on year, the sales stabilised. Dollar is slightly down.Commodities recover.

• Dow is at 10,471, and heading to 10,723.
• Dollar is at 86.9 yen. Support is at 84.0
• Euro/dollar is higher at 1.509. Longer term upside is at 1.53
• Crude oil is higher at USD78, still targeting 84.
• Gold is higher at USD1198, heading to 1210, then 1237.
• Ringgit is slightly firmer at 3.38. With support at 3.45, it is likely to gain ahead of October exports this Friday, expected to be down 10.3% yoy, the smallest drop in 11 months. Long term upside of 3.34.
• S’pore ringgit is slightly soft at 2.446. With a pullback support at 2.42, the long term upside is at 2.52.
• Malaysia market closed higher at 1266. With support at 1256, it is targeting 1278, and 1291.
• CPO Jan futures is higher at RM2472, with support at RM2395. Upside is at RM2600.
• Today’s trading range is between 1262 and 1274.

 

Market News - 01 Dec 2009

Wall St rose 0.3%, on easing concern over default of Dubai World, following the assurance of the central bank of U.A.E to support local banks. Focus is on shoppers that continue to throng, signaling that the traditional Black Friday is here to stay, bringing cheers to retailers. Early report revealed 195 mln shoppers, versus 172 mln shoppers last year, between Thanksgiving and Sunday. Chicago PMI, a measure of regional manufacturing activity, rose to 56.1 in November from 54.2 in Oct. Dollar is slightly down. Commodities recover.

 

• Dow is at 10,344. Support is at 10,171. Resistances at 10,723, 11,000
• Dollar is drifting downwards to 86.0 yen. Support is at 84.0
• Euro/dollar is higher at 1.505. Longer term upside is at 1.53
• Crude oil is higher at USD77.
• Gold is higher at USD1181.With support at 1148, upside is at 1311.
• Ringgit is slightly weaker at 3.39. With support at 3.45, it is likely to gain ahead of October exports this Friday, expected to be down 10.3% yoy, the smallest drop in 11 months. Long termupside of 3.34.
• S’pore ringgit is firmer at 2.45. With a pullback support at 2.42, the long term upside is at 2.52.
• Malaysia market closed lower at 1259. With support at 1256, it is targeting 1278, and 1288.
• CPO Dec futures is RM2455, with support at RM2335. Upside remains at RM2500.
• Today’s trading range is between 1256 and 1268.

 

FW: Market News - 30 Nov 2009

Wall St down 1.5%, reacting to the news of debt rescheduling of some USD60bln owed by Dubai World and Nakheel. Concern over Dubai threat to US banks was mitigated by the cheer that the first day after Thanksgiving was greeted by shoppers that came in droves. Dollar gained slightly. Commodities eased on profit taking.

 

• Dow is at 10,309. Support is at 10,171. Resistances at 10,723, 11,000
• Dollar is drifting downwards to 86.8 yen. Support is at 86.3
• Euro/dollar is lower at 1.498. Longer term upside is at 1.53
• Crude oil is lower at USD76.
• Gold eased to USD1176 from USD1200, on technical correction. Strong resistance is at the USD1201-1209 region.
• Ringgit is slightly firmer at 3.38. With support at 3.45, it is on a long term upside of 3.34.
• S’pore ringgit is firmer at 2.448. With a pullback support at 2.42, the long term upside is at 2.52.
• Malaysia market closed lower at 1270. With strong support at 1262, it is targeting yearend 1292, and 1300.
• CPO Dec futures is RM2455, with support at RM2335. Upside remains at RM2500.
• Today’s trading range is between 1266 and 1274.

 

2010 Stock Market Outlook KL - 06 Dec 2009

CIMB are pleased to announce that there will be a public seminar on 2010 Stock Market Outlook organised by Market Wizard Enterprise, supported by CIMB Investment Bank Berhad exclusively to alli*Trade@CIMB customers.

 

This seminar will be conducted in Mandarin by two reputable speakers. The profiles of the speakers are as follows:

 

·  Mr. Raphael Kok, founder of Market Wizards Enterprise, renowned Stock Columnist and popular speaker.

 

·  Mr. Justin Law, futures trader and commissioned futures broker representative and stock columnist.

 

Seminar details:

 

Date	6th Dec 2009 (Sunday)
Time	9.00 am – 11.30 am (Registration starts at 8.30am)
Venue	Kristal Ballroom 1 Hilton Hotel Petaling Jaya

 

Don’t miss this seminar to learn more about the investment opportunities in the current market trend.

 

For registration, please contact us at 03-2092 2516 or 012-317 8834 not later than 1^st Dec 2009 (Tuesday). Registration and FREE SEATS are on a first-come-first-serve basis.

 

Visit www.MarketWizardsEnt.com to find out more about the seminar.

 

Market News - 26 Nov 2009

Wall St up 0.3%, on a plethora of good figures. With the exception of Oct. durable goods down 0.6%,  weekly jobless claims had a bigger than expected drop to 466,000; new home sales rose to 430,000 annual units   in Oct; and personal income up 0.25, with personal spending on a surprise rise to 0.7% in Oct . Dollar continues to weaken. Commodities up. Markets will be closed for Thanksgiving on Thursday, and a shortened Friday trading. On the local market, Friday is also a holiday.

 

• Dow is at 10,464. Support is at 10,171. Resistances at 10,723, 11,000
• Dollar is drifting downwards to 88.1 yen. It should not breach the 88.01 low, which will pull it down to 87.0, and 86.4 yen
• Euro/dollar is higher at 1.51. Longer term upside is at 1.53
• Crude oil is higher at USD78.
• Gold has hit the USD1188 target.
• Ringgit is slightly firmer at 3.37. With support at 3.45, it is on a long term upside of 3.34.
• S’pore ringgit is firmer at 2.442. With a pullback support at 2.42, the long term upside is at 2.52.
• Malaysia market closed higher at 1272. With strong support at 1268, it is targeting yearend 1292, and 1300.
• CPO Dec futures is RM2455, with support at RM2335. Upside remains at RM2500.
• Today’s trading range is between 1268 and 1274.

 

ETF & CIMBInvest Walkthrough Seminar - KL (05 Dec 2009)

CIMB are pleased to announce that there will be a FREE workshop organised by Daiwa Asset Management Co. Ltd. and supported by CIMB Investment Bank Berhad exclusively for all i*Trade@CIMB customers.

 

Mr Kyu II Oh from Daiwa Asset Management (Singapore) Ltd, will share the Overview of the Exchange Traded Fund and also Daiwa FTSE Shariah Japan 100, the First Shariah Compliant ETF listed on SGX.

 

Mr Atsushi Tahara from Daiwa Asset Management Co. Ltd, will cover the outlook on the Japanese equity market.

 

Mr Lim Chee Kiong from CIMB-GK Securities Pte. Ltd, will demonstrate the features of CIMBinvest, the online cross border share trading platform to trade in the Non-Ringgit markets which include the Singapore Stock Exchange (SGX), Hong Kong Stock Exchange (HKSE), New York Stock Exchange (NYSE), NASDAQ and American Stock Exchange (AMEX).

 

Workshop Details:

 

Date	5th December 2009 (Saturday)
Programme	9.00am – Registration   9.30am – Introduction to ETFs   10.00am – Outlook on Japanese Equity Market   10.45am – Tea Break   11.00am – Daiwa FTSE Shariah Japan 100   11.20am – CIMBinvest (Cross Border) Online Trading Platform Walkthrough   12.50pm – Q&A   1.00pm – Refreshment
Venue	CIMB Auditorium Ground Floor Bangunan CIMB Jalan Semantan Damansara Heights Kuala Lumpur

 

Don’t miss this OPPORTUNITY to learn about the investment opportunities in the current market condition.

 

For registration, please email us at itrade_events@cimb.com or call i*Trade@CIMB Call Centre at 03-2084 9890 not later than 3^rd November 2009 (Thursday). Registration is on a first-come-first-serve basis.

 

Market News - 25 Nov 2009

Wall St down 0.16%, on mixed economic figures. While the 3Q’2009 GDP was revised downwards to 2.8% from 3.5%, Consumer confidence index rose to 49.5 in Nov, up from Oct’s  48.7, and home prices rose 0.3% in Sept from Aug. Dollar was also mixed. So then, it was due more so to the shortened week of Thanksgiving on Thursday, and a shortened Friday trading. On the local market, BNM maintains OPR at the low 2%.

 

• Dow is at 10,433. Support is at 10,171. Resistances at 10,723, 11,000
• Dollar is drifting downwards to 88.6 yen. It should not breach the 88.01 low.
• Euro/dollar is unchanged at 1.496. Longer term upside is at 1.53
• Crude oil is slightly lower at USD76.
• Focus is on gold, rising to USD1166. Some resistance at USD1174.
• Ringgit weakened to 3.38, ahead of BNM’s OPR meeting, which continues to maintain the OPR rate at the low 2%. Ringgit is on a small correction to 3.45. Long term upside remains at 3.34.
• S’pore ringgit is firmer at 2.442. With a pullback support at 2.42, the long term upside is at 2.52.
• Malaysia market closed higher at 1272. With strong support at 1268, it is targeting yearend 1292, and 1300.
• CPO Dec futures eased to RM2417, with support at RM2335. Upside remains at RM2500.
• Today’s trading range is between 1270 and 1276.

 

Market News - 24 Nov 2009

Wall St Wall St rose 1.3%, cheering on the strong housing, and rally in commodities. Existing home sales rose 10.1% in Oct, the highest since Feb 2007. Dollar weakened following US hint of retaining the stimulus packages; this translates to prolonging the low interest rates. Gold shot up in Asia. Trading may be subdued this week due to Thanksgiving on Thursday, and a shortened Friday trading.

• Dow is at 10,450. Support is at 10,171. Resistances at 10,500, 10,800
• Dollar is unchanged at 88.9 yen. Upside is at 90.6 yen.
• Euro/dollar is higher at 1.497. Longer term upside is at 1.53
• Crude oil is slightly firmer at USD77.Focus is on gold, rising to USD1164. Some resistance at USD1174.
• Ringgit recovers to 3.376, from the low of 3.40. It may have bottomed at 3.40, and is likely to gain to the 61.8% retracement level of 3.37 following the stronger than expected 3Q’2009 GDP growth, which improved to 1.2% contraction, compared to the 2Q’2009’s 3.9% contraction. Upside remains at 3.34.
• S’pore ringgit is firmer at 2.438. With a pullback support at 2.42, the long term upside is at 2.52.
• Malaysia market closed lower at 1270. With strong support at 1268, it is targeting yearend 1292, and 1300.
• CPO Dec futures continues to rise to RM2444. Upside is revised to RM2500.
• Today’s trading range is between 1268 and 1276.

 

Market News - 23 Nov 2009

Wall St down 0.14%, tracking the dollar, which rose as safe haven. Dollar was higher; commodities mixed. Housing and tech sectors softened, on Dell’s weak earnings, and downgrade on technology. Trading may be subdued this week due to Thanksgiving on Thursday, and shortened Friday trading. Consumer confidence, and home sales this week may affect the market.

 

• Dow of 10,318. Support is at 10,171. Resistances at 10,500, 10,800
• Dollar is higher at 88.9 yen. Upside is at 90.6 yen  

• Crude oil is lower at USD76.
• Gold of USD1148, may have topped out at intraday high of USD1,152. Correction to USD1127 is possible.
• Ringgit recovers to 3.384, from the low of 3.40. It may have bottomed at 3.40, and is likely to gain to the 61.8% retracement level of 3.37 following the stronger than expected 3Q’2009 GDP growth, which improved to 1.2% contraction, compared to the 2Q’2009’s 3.9% contraction. Upside remains at 3.34.
• S’pore ringgit is firmer at 2.438. With a pullback support at 2.42, the long term upside is at 2.52.
• Malaysia market closed lower at 1274. With strong support at 1271, it is targeting yearend 1292, and 1300.
• CPO Dec futures is steady at RM2351. Upside is at RM2420.
• Today’s trading range is between 1271 and 1278.

 

Cross Border Trading Workshop - Kuching (26 Nov 2009)

CIMB are pleased to announce that there will be a FREE workshop on Introductory to Cross Border Trading organised by CIMB Investment Bank Berhadexclusively for all i*Trade@CIMB customers.

 

In this workshop, we will demonstrate the features to trade in the Non-Ringgit markets which include the Singapore Stock Exchange (SGX), Hong Kong Stock Exchange (HKSE), New York Stock Exchange (NYSE), NASDAQ and American Stock Exchange (AMEX).

 

This workshop will cover:-

 

·         Registering and activating your access

·         Stock search

·         Favourite list of stocks

·         Performing buy & sell

·         Charts

·         Research

 

Workshop Details:

 

Date	26th November 2009 (Thursday)
Programme	12:00 pm – Registration 12:15 pm – Introductory to Cross Border Trading 1:30pm – Q & A 1.45pm – End of workshop
Venue	CIMB Investment Bank Bhd Level 6 Wisma STA No. 26 Jalan Datuk Abang Abdul Rahim 93450 Kuching

 

Don’t miss this OPPORTUNITY to learn and maximize the full potential from our Cross Border Trading services.

 

Refer your friends and family to trade with CIMB during this tutorial and get CASH reward* (terms & conditions apply)

 

For registration, please contact us at 082-358688 or email harjinder.cheema@cimb.com not later than 25^thNovember 2009 (Wednesday). Registration is on a first-come-first-serve basis.

 

Market News - 20 Nov 2009

Wall St down 0.9%, tracking the dollar, which rose slightly. Weekly initial jobless claims, as expected,  at 505,000. Leading economic indicator up 0.3% in October, down from Sept’s 1.0%. However, manufacturing in the Philadelphia region expanded more than expected on the economic index, up 16.7 in Nov, from Oct’s 11.5. Dollar was higher; commodities down.

 

• Dow of 10,332. Resistances at 10,500, 10,800
• Dollar is recovering to 89.6 yen. Upside is at 90.6 yen
• Crude oil is lower at USD77, on USD76.8 gap support
• Gold of USD1141, may have topped out at intraday high of USD1,152. Correction to USD1127 is possible.
• Ringgit weakens to 3.38, on market talks of intervention to stem the rise, as exports have yet to pick up. However, the downside is limited to 3.40, ahead of today’s 3Q’2009 GDP, which is expected to improve to 2% contraction, compared to the 2Q’2009’s 3.9% contraction. Upside is at 3.36
• S’pore ringgit is firmer at 2.435. With a pullback support at 2.42, the long term upside is at 2.52.
• Malaysia market closed higher at 1276. With strong support at 1271, it is targeting yearend 1292, and 1300.
• CPO Dec futures is steady at RM2360. Upside is at RM2420.
• Today’s trading range is between 1271 and 1278.

 

Trend Analysis with MACD in Johor (22 Nov 2009)

CIMB are pleased to invite you to attend a FREE seminar entitled How to Track the Trend & Make Profits with MACD Indicator presented byChartNexus Pte Ltd and supported by CIMB Investment Bank Berhad in Johor.

 

The seminar will cover the following topics:-

 

·         Understand the fundamentals of a working Trading Strategy.

·         Learn how to use this MACD Indicator & MACD Histogram to identify the strength of the momentum, continuation of an up-trend & point of reversal and breakout.

·         Acquire the knowledge to trade in up, down or sideway market.

·         Learn how software can help you pick the next winning stock.

 

Details of the seminar are as follows:

 

Date	22nd November 2009 (Sunday)
Time	12.30 pm – Registration 1.00 pm – How To Track The Trend & Make Profits with MACD Indicator 3.00 pm – Account opening consultation
Venue	Paragon Hotel Diamond 5 – Level 6 18 Jalan Harimau Taman Century 80250 Johor Bahru

 

Come join us to learn about the secrets of simple yet effective trading strategies that you can apply in the current market trend.

For registration, please email evelyn.voon@cimb.com / amir.satar@cimb.com or contact us at 07-3537669 / 07-3537959 not later than 20^thNovember 2009 (Friday).