KLCI news.

KUALA LUMPUR : Tenaga Nasional's record-breaking income in its financial year finished Aug 31, 2016 controlled the FBM KLCI early Friday while key Asian markets were dull.

At 9.32am, the KLCI was up 1.74 focuses or 0.1% to 1,670.77. Turnover was 241.41 million shares esteemed at RM189.61mil. There were 152 gainers, 178 washouts and 235 counters unaltered.

Asian stocks made a curbed begin, with MSCI's broadest record of Asia-Pacific shares outside Japan edging down 0.l%, reflecting Wall Street's unconvincing execution overnight. Australian stocks fell 0.1% while Japan's Nikkei increased 0.6% on a weaker yen, Reuters reported.

In the interim, oil costs plunged at an early stage Friday, weighed around waiting questions about whether OPEC can facilitate an unrefined creation slice sufficiently enormous to get control over oversupply that has persistent markets for a long time.

Universal Brent raw petroleum fates were exchanging at US$50.39 per barrel at 0033 GMT, down eight pennies from their last close. US West Texas Intermediate (WTI) rough was down five pennies at US$49.67 a barrel, Reuters reported.

On the specialized standpoint for the KLCI, Kenang Investment Bank Research said in view of Thursday's execution, the KLCI separated from its key support-turned-resistance level of 1,672 (R1) to return to its combination channel.

"Furthermore, a bearish candle was framed post the development of a "Doji" candle to manage a bearish-predisposition course for the basic list.

"Combined with the down-tick seen in RSI and Stochastic marker, the quick standpoint for the nearby bourse is looking grim with inclination towards the drawback.

"All in, if the FBMKLCI neglects to quickly recover the key 1,672 (R1) level soon, it could hope to end the week on a lower note nearer towards the 1,650 (S1) level. Next levels of resistance and support are situated at 1,680 (R1) and 1,642 (S2), individually," it said.

Tenaga charged 16 sen to RM14.48, likewise supported by its profit. CIMB Equities Research keeps Tenaga Nasional as its top pick for the utilities segment after the solid budgetary execution for FY finished Aug 31, 2016

"FY16 was the most beneficial year for Tenaga, so far as its FY16 center net benefit was 13% higher on-year, at RM7.7bil," said the examination house.

HL Industries added 22 sen to RM9.90, Melati Ehsan surged for the third day, up 20 sen to RM1.21, Country View rose 17 sen to RM1.65 and BSL Corp jumped14.5 sen to 37.4 sen.

In any case, Gadang fell 38 sen to RM2.19 with 12.12 million shares done. Tasek lost 26 sen to RM14.56, Bursa lost 10 sen to RM8.63 and Axiata was down six sen to RM5.01.

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Comex News.

[SINGAPORE] : Oil costs plunged at an early stage Friday, weighed around waiting questions about whether Opec can arrange a rough creation slice sufficiently huge to get control over oversupply that has stubborn markets for a long time.

Universal Brent raw petroleum prospects were exchanging at US$50.39 per barrel at 0033 GMT, down 8 pennies from their last close.

US West Texas Intermediate (WTI) rough was down 5 pennies at US$49.67 a barrel.

Merchants said there were huge questions that the Organization of the Petroleum Exporting Countries (Opec) would have the capacity to rally its individuals and non-Opec makers, particularly Russia, around a critical cut in output."With both Iraq and Iran saying they won't be a piece of the cuts for different reasons, and Russia talking solidifies not generation cuts, the onus will fall on Saudi Arabia to pull any arrangement together," said Jeffrey Halley, senior market examiner at business Oanda in Singapore.

"Opec's Nov 30 meeting all of a sudden appears like far away with apparently 50% of the gathering needing exclusions now," he included.

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Blue chips fell more than six focuses early Thursday.

Blue chips fell more than six focuses early Thursday, following the decreases in key Asian markets while raw petroleum fell underneath the key US$50 barrel.

Penny oil and gas related stock Sumatec fell in dynamic exchange after it Miri-based partner Semado Maritime Sdn Bhd defaulted on the reimbursement of RM165.21mil to Bank Pembangunan Malaysia Bhd.

At 10.03am, the KLCI was down 6.07 focuses or 0.36% to 1,667.85. Turnover was 443.41 million shares esteemed at RM168.10mil. There were 182 gainers, 247 washouts and 284 counters unaltered.

Asian shares edged down on Thursday in the wake of baffling income from innovation monster Apple delayed Wall Street, while the dollar stayed short of the current week's almost nine-month highs, Reuters reported.

Kenanga Investment Bank Research said the prompt resistance levels for the KLCI were 1,680 (R1), in spite of the fact that a punch-through could flag promote picks up towards 1,700 (R2). On the other hand, drawback bolster levels are 1,672 (S1) and 1,650 (S2).

To recap, it said key territorial markets finished lower Wednesday, following the weaker execution of US values. The KLCI completed down 3.51pts or 0.21% at 1,673.92. Showcase broadness was weaker with washouts dwarfing gainers by 496 to 285, and 384 counters exchanged unaltered.

"From a diagramming viewpoint, the KLCI exchanged inside a tight five focuses run for the duration of the day preceding completing with a "Doji" candle. This combined with the lower exchanging volume, proposes hesitation in market course and echoes the more extensive directionless pattern of the file," said Kenanga Research.

Oil costs were underneath US$50 per barrel on Thursday on questions OPEC will have the capacity to unite its individuals and Russia to sort out a planned unrefined generation cut, Reuters said.

Brent unrefined petroleum fates made a push above US$50 per barrel at an early stage Thursday, yet had plunged back to US$49.91 by 0034 GMT, 7 pennies underneath their last shutting cost. WTI fates were exchanging at US$49.17 per barrel, down one penny from their past settlement.

At Bursa Malaysia, Sumatec fell 1.5 sen to 6.5 sen with 61.48 million shares done while its warrants WB lost one sen to 2.5 sen.

F&N fell the most, down 20 sen to RM24.28 with 1,300 shares done. Heineken lost 10 sen to RM17.04. In any case, Dutch Lady picked up 36 sen to RM59.46 and BAT rose 20 sen to RM48.22 while Nestle picked up 10 sen to RM78.50.

MPI fell 10 sen to RM7.90, Perstima and KLCI shed nine sen each to RM6.36 and RM7.71 and Nylex slid 7.5 sen to 65 sen.

Hong Leong Industries added 28 sen to RM9.40, Melati Ehsan surged 24.5 sen to 96 sen while Teck Guan climbed 11 sen to RM2.20.

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Bursa Malaysia opened less demanding today.

KUALA LUMPUR : Bursa Malaysia opened less demanding today in accordance with territorial markets influenced by lower oil costs because of a worldwide excess, merchants said.

At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.67 of-a-point weaker at 1,673.25, against yesterday's end of 1,673.92.

The file opened 0.03 of-a-point somewhat higher at 1,673.95.

In any case, advertise broadness was certain as gainers drove washouts 107 to 58, while 160 counters were unaltered, 1,366 untraded and 80 others suspended.

Turnover remained at 98.54 million shares worth RM24.58 million.

The benchmark Brent Crude was down 1.3% to US$47.80 per barrel.

A merchant said the execution of the neighborhood bourse was additionally couple with the weaker overnight execution of Wall Street.

Open Investment Bank said in a note that is anticipates that the FBM KLCI will keep on trending sideways today, after worldwide values finished for the most part lower, as another bunch of inadequately got US corporate income and an unstable session at oil costs weighed down market opinion.

The FBM Emas Index was down 4.87 focuses to 11,799.45, the FBM Emas Syariah Index rose 12.19 focuses to 12,419.43, and the FBMT 100 Index was 5.05 focuses simpler at 11,500.23.

The FBM 70 fell 7.72 focuses to 13,752.14 as the FBM Ace enhanced 8.75 focuses to 5,144.00.

The Plantation Index rose 19.40 focuses to 7,976.73, the Industrial Index declined 2.78 focuses to 3,150.73 and the Finance Index enhanced 13.38 focuses to 14,554.02.

Of the heavyweights, TNB and Petronas Chemicals increased two sen each to RM14.34 and RM7.00 separately, Maybank expanded one sen to RM7.93, Public Bank was level at RM19.80, while Sime Darby fell 12 sen to RM7.98.

Of the gainer counters, Nestle solidified 56 sen to RM78.96, Hong Leong Industries packed away 28 sen to RM9.40, Petronas Dagangan rose 18 sen to RM23.44 and KL Kepong expanded 14 sen to RM24.34.

The physical cost of gold as at 9.30am remained at RM164.46 per gram, down 39 sen from RM164.85 at 5pm yesterday.

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The FBM KLCI fell 1.05 focuses or 0.1% .

KUALA LUMPUR : The FBM KLCI fell 1.05 focuses or 0.1% while the ringgit debilitated as financial specialists sat tight for more clarity on US loan costs and presidential race. Unrefined petroleum value drop additionally directed Malaysian markets. 

At 9:11am, the KLCI was exchanged at 1,672.87 focuses as stocks like SapuraKencana Petroleum Bhd fell. The ringgit devalued to 4.1755 against the US dollar at 9:17am. 

US rate climbs don't look good for Asian markets in foresight that financial specialists will move their assets into US dollar-designated resources. 

Less expensive unrefined petroleum may coordinate the focus on Malaysian oil and gas bolster benefit suppliers. 

Reuters reported that unrefined petroleum oil settled down more than 1% at beneath US$50 a barrel on Wednesday even after an astound drawdown in US rough inventories, as merchants stayed careful that OPEC would have the capacity to cut generation come late November. 

In Malaysia today, Hong Leong Investment Bank Bhd wrote in a note that the "KLCI may keep on trading in tight range-headed example for some time" as speculators sat tight for more noteworthy clarity on US loan cost and political flow. 

The US Federal Reserve's Federal Open Market Committee will meet this Tuesday and wednesday (November 1 and 2) to choose the country's financing cost bearing. The US presidential decision will be held this November 8. 

Hong Leong said : "Once these instabilities are evacuated (accepting no negative astonishes as business sectors have evaluated in a Hillary Clinton triumph), KLCI will bit by bit creep higher in expectation of a superior Malaysia 3Q16 GDP and less frustration in the up and coming Nov 3Q16 results season, which would in the long run lift the KLCI's 2017 income to grow 9.5% subsequent to posting a three sequential yearly decay."

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Gold news.

[SINGAPORE] :  Gold exchanged close to a three-week high on hypothesis request will be helped by the Diwali celebration in India, the world's biggest bullion-expending nation after China. 

The metal for prompt conveyance was at US$1,274.19 an ounce at 8:21am in Singapore subsequent to touching US$1,276.78 on Tuesday, the most elevated amount since Oct 5, as per Bloomberg non specific evaluating. Bullion is as yet setting out toward a month to month drop. 

While physical request in India has been powerless in 2016, support is seen returning into the market in front of the celebration this weekend and the wedding season. 

Gold's rally in the main half has sputtered on the expanding likelihood of a loan fee climb from the Federal Reserve before the end of the year."Increasing trust in more grounded physical request has seen gold costs push higher," Australia and New Zealand Banking Group Ltd said in a note. 

"India is at the tallness of its Diwali religious celebration, where gold buys typically surge."

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The FBM KLCI fell 0.76 point.

KUALA LUMPUR : The FBM KLCI fell 0.76 point, following Asian values after raw petroleum and US offers fell overnight.

At 9:19am, the KLCI was exchanged at 1,676.67 focuses. Crosswise over Asian share markets, Japan's Nikkei 225 fell 0.29% while South Korea's Kospi dropped 0.98%.

In Malaysia, TA Securities Holdings Bhd wrote in a note today that "most blue chips are probably going to slip over into base-building mode today given the frail purchasing energy taking after late lukewarm increases."

Bursa Malaysia saw 130 gainers and 124 decliners. Somewhere in the range of 132 million shares worth RM70 million changed hands.

US offers fell overnight. The Dow Jones Industrial Average dropped 0.3%, S&P 500 fell 0.38% while Nasdaq Composite was 0.5% lower.

US oil fell 1.1% to US$49.96 a barrel while Brent oil was 1.3% lower at US$50.79. Reuters reported that oil settled down on Tuesday, then US unrefined slid advance underneath US$50 a barrel in post-settlement exchange after an industry bunch reported that US oil inventories developed almost three times as much as estimate.

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Commodity Advisory.

KUALA LUMPUR : MIDF Equities Research is still positive on the standpoint of Deleum Bhd, floated by a solid orderbook of RM2.9bil speaking to a blaze rate of around four years.

It said on Wednesday the income perceivability stays in place as it expect uneven requests to be put by year end and stream into FY17.

"What's more, the declaration for the support, development and alteration (MCM) works for the Malaysian generation sharing contractual workers including topside upkeep, attach and charging and offices change works could be declared by year end," said MIDF Research in its report.

The examination house gauges Deleum's bit to be around RM500mil and this will be reserved under its Integrated Corrosion Solutions division.

MIDF Research emphasized its "purchase" proposal with a diminished target cost of RM1.25 per share. Its objective cost depends on 2017 figure profit for every share of 12.5 sen, pegged to 2017's cost to-income proportion of 10 times.

"Deleum's 2H16 profit are relied upon to be tail-overwhelming. Edge pressure in oilfield administrations anticipated that due would substantial rivalry and costs diminishments from customers," it said.

It said regardless of worldwide raw petroleum costs slanting higher, floating consistently at above USD50pb, seaward administrations stay intense from further opex cut by oil majors, including Petronas.

"Along these lines we are anticipating that Deleum's 3Q16 income should coordinate or, best case scenario, surpass that of 2Q16 imperceptibly.

"In any case, there may be a hop in the organization's 4Q16 income as uneven requests are set for the power and hardware fragment. In any case, general FY16 profit will no doubt be not able keep pace with our past income desire," it said.

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Oil costs plunged from the get-go Tuesday.

SINGAPORE : Oil costs plunged from the get-go Tuesday over contradiction inside maker cartel OPEC on who ought to cut how much creation in an arranged facilitated diminishment to prop up costs.

Global Brent raw petroleum prospects were exchanging at $51.38 per barrel at 0117 GMT, down 8 pennies from their last close.

U.S. West Texas Intermediate (WTI) rough prospects were down 5 pennies at $50.47 a barrel.

Iraq's oil serve Jabar Ali al-Luaibi said the second-biggest maker in the Organization of the Petroleum Exporting Countries (OPEC) needed to be absolved from yield checks as it required more cash to battle Islamic State activists.

"Unrefined petroleum costs toiled under the heaviness of different OPEC individuals looking for exclusion from the generation cut understanding," ANZ bank said on Tuesday.

Until there is more clarity on the arranged cut, which OPEC trusts will be composed with non-individuals like Russia, investigators said oil costs would likely remain run bound - however unpredictable - around current levels.

"Expect a greater amount of this rough transaction until more solid news develops, as theoretical purchasing keeps running into record maker offering of the fates contracts for supporting," said Jeffrey Halley, senior market examiner at financier OANDA in Singapore.

The private American Petroleum Institute (API) is because of distribute its week by week rough stocks evaluates later on Tuesday, trailed by the official Energy Information Administration (EIAD) information due on Wednesday.

U.S. unrefined stock information is nearly looked as a way to assess the nation's supply overhang.

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Blue chips fell at Tuesday's early afternoon break.

KUALA LUMPUR : Blue chips fell at Tuesday's early afternoon break, weighed around benefit taking in Maxis Bhd and Axiata Group Bhd however this was counterbalanced by increases in Malayan Banking Bhd while key Asian markets were for the most part lower.

At 12.30pm, the KLCI was down 1.71 focuses or 0.1% to 1,676.05. Turnover was 720.79 million shares esteemed at RM770.96mil. Decliners drove advancers 373 to 246 while 378 counters were unaltered.

The ringgit debilitated against the US dollar at 4.1745 from 4.1733 however progressed against the pound sterling, Singapore dollar and the Euro. It was at 2.9977 to the Singapore unit from 2.9990, up against the pound at 5.1019 from 5.1072 and picked up against the Euro to 4.5420 from 4.5453.

Reuters reported China stocks were marginally weaker on Tuesday, yet drifted around nine-month highs, as an adjustment in framework and transportation offers balance picks up in coal diggers.

Hong Kong stocks were generally level, as financial specialists stayed mindful in front of one month from now's U.S. presidential race, and a conceivable US loan cost increment in December.

China's blue-chip CSI300 list plunged 0.2% to 3,361.77 toward the end of the morning session, while the Shanghai Composite Index edged down 0.1% to 3,124.89.

At Bursa, Maybank rose 15 sen to RM7.88 and added 2.47 focuses to the KLCI, Public Bank lost two sen to RM19.80. CIMB Group shed one sen to RM5.07 and Hong Leong Bank was level at RM13.30.

Among the heavyweights, Maybank was level at RM14.34, IHH Healthcare was level at RM6.44 and MISC lost three sen to RM7.58. Genting Malaysia shed four sen to RM4.81.

Rough palm oil fell off the 2014 high, splitting its earlier day's additions when it fell RM50 to RM2,772 per ton. PPB Group fell 18 sen to RM15.88, KL Kepong two sen bring down at RM24.26, IOI Corp was level at RM4.50 and Sime Darby rose two sen to RM8.04.

Buyer stocks were blended, BAT fell the most, down 84 sen to RM49.40, Ajinomoto 26 sen bring down at RM13.50, Carlsbger lost 14 sen to RM14.62. Settle rose 30 sen to RM78.50.

Huat Lai rose 10 sen to RM4.90 after its takeover offer from the real shareholders.

Estates timber Ta Ann fell five sen to RM3.53 as financial specialists were negative on its arrangements to purchase 100% of Agrogreen Ventures Sdn Bhd for RM211.1mil.

With respect to telcos, Maxis lost 19 sen to RM6.01, Axiata Group fell four sen to RM5.09, Digi.com was level at RM5.01 and Telekom Malaysia augmented its misfortunes, falling seven sen to RM6.51.

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The FBM KLCI rallied by 6.45 points to 1,676.73 points at the midday.

KUALA LUMPUR : The FBM KLCI rallied by 6.45 points to 1,676.73 points at the midday close as Asian markets held steady despite significant movements in both the US dollar and the yuan today.

The benchmark index had earlier fallen to 1,667.55 points this morning before subsequently reversing the losses.

As at 1230PM, total turnover for the KLCI was at 855.76 million shares valued at RM646.46mil.

The broader market was negative with losers outnumbering gainers. There were 295 gainers to 360 losers and 338 counters unchanged.

The dollar rose to a seven-month high against the euro and strengthened against all major peers ahead of a series of speeches by US Federal Reserve chiefs this week. Gold declined against the greenback's strength while crude oil is hovering just above the USD50 per barrel mark.

Meanwhile, the yuan fell to a six-year low as the prospect of further weakening by Chinese regulators triggered significant outflows form the country. A net USD44.7bil worth of yuan payments left the country in September, or the most since 2010, Bloomberg reported.

The benchmark MSCI Pacific Index was flat at the midday close with marginal gains recorded in Japan and Hong Kong's markets. The Shanghai Composite Index was the major outperformer today with a rise of 1.29%.

Crude oil prices fell by nearly 0.6% after Iraq's oil minister said on Sunday that the nation should be exempted from production cuts proposed by the Organization of Petroleum Exporting Countries (OPEC).

Brent crude fell 24 US cents to USD51.54 while US crude fell 30 US cents to USD50.55.

Elsewhere, the ringgit marginally weakened to RM4.1835 against the greenback compared to RM4.1790 on Friday.

At Bursa Malaysia, Petronas Gas contributed 1.71 points to the KLCI's rise as the stock rose 52 sen to RM22.26. Genting Malaysia contributed another 1.28 points to the index after rising 13 sen to RM4.84.

Among the banks, AmBank rose eight sen to RM4.16 while RHB Bank rose five sen to RM4.74.

Crude palm oil’s benchmark third-month contract for January delivery rose RM33 to RM2,757 per tonne.

Among the key regional markets:

Japan’s Nikkei 225 rose 0.28% to 17,232.10:

Hong Kong’s Hang Seng Index rose 0.31% to 23,446.92 points;

Shanghai Composite Index rose 1.29% to 3,130.70;

Taiwan’s Taiex rose 0.19% to 9,324.43 ;

South Korea’s Kospi rose 0.39% to 2,040.95 ;

Singapore’s Straits Times Index rose 0.45% to 2,843.68 points.

Spot gold fell by USD2.58 to US$1,263.89 per troy ounce.

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Gold is set to progress by as much as 15%.

Gold is set to progress by as much as 15 percent before the end of one year from now as the Federal Reserve goes moderate on expanding loan costs and the dollar stays quelled, floating bullion request, as indicated by Templeton Emerging Markets Group.

"The Fed is going to build the rates by a smidgen yet not too much and there is no assurance that an ascent in financing costs will put individuals off," Executive Chairman Mark Mobius said in a meeting at a Bloomberg occasion in Mumbai. "A considerable measure will rely on upon the genuine rates."Bullion has mobilized 19 percent in 2016 as worry over the wellbeing of the worldwide economy, free financial strategies and the U.K's. vote to leave the European Union fanned request. In the wake of raising rates last December without precedent for very nearly 10 years, Fed arrangement creators have stood pat on acquiring costs in the six gatherings since. While the dollar picked up to the most astounding since March on Monday on hypothesis that rates may soon climb, it remains bring down this year.

'Not that Strong'

"The U.S. dollar is not that solid and may even decay," said Mobius, who likewise highlighted prospects for expanded national bank purchasing of bullion. "So if that happens, gold gets more costly."

Gold for quick conveyance exchanged 0.2 percent bring down at $1,263.67 an ounce at 11:54 a.m. in Singapore subsequent to rising a week ago, as indicated by Bloomberg nonexclusive valuing. It surged to $1,375.34 in July after the consequence of the Brexit vote in the U.K., the most astounding since March 2014.

While Fed stores fates demonstrate the chances of an ascent in December have climbed, financial specialists are as yet furrowing reserves into gold-supported trade exchanged assets, with possessions at the most astounding in over three years a week ago. The likelihood of a December climb is around 68 percent, from 59 percent toward the begin of the month.

Mobius' estimate at a higher gold cost in 2017 even as the Fed continues to raise rates is like the standpoint from members finally week's London Bullion Market Association gathering in Singapore. Bullion will exchange at $1,347.40 in a year's opportunity, as indicated by a review of individuals at the social occasion.

Central Bank of San Francisco President John Williams said on Friday he'd bolster one increment in 2016 and a couple of additional one year from now. National bank authorities next meet Nov. 1-2, the week prior to the U.S. presidential decision, and again in mid-December. Williams - who doesn't vote on approach this year - additionally said he would have bolstered a September increment.

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Oil costs fell at an opportune time Monday.

SINGAPORE : Oil costs fell at an opportune time Monday as Iraq said it needed to be absolved from any arrangement by maker cartel OPEC to slice generation to prop up the market, and as U.S. drillers ventured up work.

Brent unrefined fates were exchanging at $51.59 per barrel at 0133 GMT, down 19 pennies, or 0.4 percent, from their last close.

U.S. West Texas Intermediate unrefined was down 22 pennies, or 0.4 percent, at US$50.63 a barrel.

Dealers said the value falls took after remarks from Iraq, which said it needed to be absolved from a generation cut by the Organization of the Petroleum Exporting Countries (OPEC) that the gathering arrangements to choose at its Nov. 30 meeting.

OPEC arrangements to decrease generation to a scope of 32.50 million to 33.0 million barrels for each day (bpd), down from 33.39 million bpd in September.

That would be harder to accomplish if Iraq, which is OPEC's second-greatest maker after Saudi Arabia, didn't take an interest.

Iraq said on Sunday that its oil creation remained at 4.774 million bpd, with fares remaining at 3.87 million bpd.

"We are not backpedaling at all, not by OPEC not by any other individual," said Falah al-Amri, the leader of Iraq's State Oil Marketing Company.

"Remarks by Iraq throughout the weekend that it may not join the OPEC consent to cut creation could see oil costs go under weight in today's session," ANZ bank said on Monday.

Additionally forcing the market, U.S. oil rigs ascended by 11 a week ago, the principal twofold digit increment since August. [RIG/U]

"We ought to see fix include keep on increasing the wake of the late cost rally," Morgan Stanley said.

Continuous quality in the dollar <.DXY>, which can crease request as it makes fuel buys more costly for nations utilizing different monetary standards at home, likewise weighed on oil.

On the request side, Japan's unrefined imports fell 4.6 percent in September from that month a year prior, to 3.27 million bpd, official information appeared on Monday.

In spite of Monday's lower costs, examiners said that oil markets, which have been tenacious by two years of oversupply, may be rebalancing regarding creation and utilization.

"Factual equalizations recommend that conditions have enhanced notably. We presume that the market is moving more rapidly into adjust than is by and large perceived," Barclays bank said in a note to customers on Sunday.

"The market moved into a little shortfall in Q3, will remain so in Q4 and afterward the shortage will grow fundamentally in 2017," it included.

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