Market News - 09 Nov 2009

·  Wall St up 0.17%, on the unemployment probably at its worst. US unemployment, rose to 10.2% in October, a 26 year high. Safe haven in gold, yen. Sold off in oil and dollar.

·  Dow of 10,023, with 10,300 resistance

·  Dollar is down against yen at 90.0 yen.

·  Crude oil is down to USD77, targeting USD84

·  Gold is higher at USD1,096. Targeting USD1137

·  Ringgit of 3.405, is stronger. Upside is at 3.8

·  S’pore ringgit is firmer at 2.445. With a pullback support at 2.42, the long term upside is at 2.52

·  Malaysia market closed higher at 1260. Upside is at 1268. Support is 1257.

·  CPO Dec futures of RM2215, on support at RM2100 price gap, is targeting the price gap of RM2340 of 1/9/09.

·  Today’s trading range is between 1257 and 1268.

 

CIMB-Bursa Market Chat Penang (14 Nov 2009)

CIMB are pleased to announce that CIMB Investment Bank Berhad and Bursa Malaysia Berhad will be conducting the Market Chat 2009/10 Seminar in Penang.

 

Popular investment topics such as Market Outlook, Online Trading, Exchange Traded Fund and Futures Trading will be covered in this seminar.

 

Details of the seminar are as follows:

 

Date	14th November 2009 (Saturday)
Venue	G Hotel   168A Persiaran Gurney 10250 Penang
Time	8.00 am – 1.00 pm
Admission	Free (pre-registration is compulsory)

 

Seats are limited!!! Register early to avoid disappointment!

 

Click here to view the programme.

 

For registration, please email us at itradepg@cimb.com or contact us at 04-2385900 / 926.

 

Market News - 06 Nov 2009

·  Wall St up 2.1%. Weekly initial jobless claims dipped to 512,000, the lowest since January. 3Q’2009 productivity rose strongly to 9.5%. Euro central bank left interest rate unchanged at 1.0%.

·  Tonight’s US unemployment, estimated to rise to 9.9% in October, may be high as the strong productivity indicates companies not hiring.

·  Dow of 10,005, with 10,300 resistance.

·  Dollar is steady against the yen at 90.1 yen.

·  Crude oil is steady at USD79, targeting USD84.

·  Gold is steady at USD1,100. Targeting USD1137.

·  Ringgit of 3.42, is softer. Exports slumped 24.2% yoy in Sept, for the 11^th month. The downside is limited to the trendline support at 3.47.

·  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 higher at 1253. Upside is at 1261. Support is 1241.

·  CPO Dec futures of RM2215, on support at RM2100 price gap, is targeting the price gap of RM2340 of 1/9/09.

 

CIMB Bursa Market Chat in Melaka (7th Nov 2009)

CIMB are pleased to announce that CIMB Investment Bank Berhad and Bursa Malaysia Berhad will be jointly conducting the Market Chat 2009/10 Seminar inMelaka.

 

Popular investment topics including Market Outlook, Online Trading, Exchange Traded Fund and Futures Trading will be covered in this seminar.

 

Details of the seminar are as follows:

 

Date	7th November 2009 (Saturday)
Venue	Renaissance Hotel Jalan Bendahara 75100 Melaka
Time	8.00 am – 1.00 pm
Admission	Free (pre-registration is a pre-requisite)

 

Seats are limited!!! Register early to avoid disappointment!

 

Click here to view the programme.

 

For registration, please email us at kuangyoke.leow@cimb.com or azizah.ludin@cimb.com or contact us at 06-2898 800/87.

 

Technical Analysis Training Program - Penang (01 November 2009)

CIMB are pleased to announce that there will be a FREE preview entitled Technical Analysis Training Program organised byChartNexus Pte Ltd and supported by CIMB Investment Bank Berhad in Penang.

 

In this seminar, Mr William from ChartNexus will share his view on the local market outlook. Mr William has an extensive analytical skill and writes regularly on the regional market outlook. He is a core member of the ChartNexus Team of Trainers in Malaysia and has trained thousands of investors in his training sessions. William is also a key figure in the after-course support program leading charges such as graduate gatherings.

 

Seminar Details:-

 

Join us in this popular seminar where our trainer will be sharing an outlook of the stock market and present the best trading strategies to time your investments.

 

·         Analysis on the market direction and the sector-in-play

·         Trading strategy in focus

·         Stock selection by the ChartNexus trainers

 

Date	1st November 2009 (Sunday)
Time	9.30 am – 11.30 am
Venue	Gurney Hotel, Function Hall 1, 18, Persiaran Gurney 10250 Georgetown Penang

 

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

 

For registration, please contact us at 04-2385 936 / 900 or email us at itradepg@cimb.com by 30^th October 2009 (Friday). Registration is on a first-come-first-serve basis.