Oil slumped by roughly 4 percent on Tuesday

Oil drooped by around 4 percent on Tuesday as OPEC's driving oil exporters attempted to concede to an arrangement to slice creation to diminish worldwide oversupply and support costs, with Iran and Iraq at loggerheads with Saudi Arabia a day in front of meeting.

Brent prospects fell $1.86, or 3.9 percent, to settle at $46.38 a barrel, while U.S. rough lost $1.85, or 3.9 percent, to $45.23. That was the greatest day by day rate decay for Brent since September.

Those decreases put both worldwide benchmarks on track to fall for a moment month in succession, with U.S. rough down around 3 percent and Brent down just about 4 percent.

Most investigators trust the Organization of the Petroleum Exporting Countries will cobble together an arrangement to cut some generation at its meeting on Wednesday in Vienna, which begins at 1000 GMT (5 a.m. ET).

In any case, Iran and Iraq, OPEC's second-and third-biggest makers, have opposed weight from the gathering's true pioneer Saudi Arabia to diminish their oil yield, making an assention troublesome.

"Iran and Iraq are declining to cut...simply achieving the high end of the Algiers range will require more noteworthy cuts from different individuals, to be specific Saudi Arabia, which might be troublesome politically," Morgan Stanley investigators said in a report, noticing the bank was still one-sided towards OPEC achieving an arrangement.

Archives arranged for the meeting propose OPEC cut creation by 1.2 million barrels for each day from October levels, a source acquainted with the discussions said, somewhat more than the 1 million bpd the gathering talked about at a meeting in September. OPEC created around 33.82 million bpd in October.

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Petronas linked stocks led the FBM KLCI lower early Monday

KUALA LUMPUR: Petronas connected stocks drove the FBM KLCI bring down early Monday in front of the OPEC meeting while the baffling quarterly outcomes gave more purposes behind financial specialists to forget about cash. At 10am, the KLCI was down 4.76 focuses or 0.29% to 1,622.17. Turnover was 367.47 million shares esteemed at RM180.51mil. Decliners beat advancers four to one with 393 washouts to 102 gainers. 

Kenanga Investment Bank Research said the quarterly money related outcomes discharged on Tuesday stayed baffling once more as there was no outperformers at all with two-third of the 12 comes about discharges missing figures. 

On the standpoint for the market, it said specialized astute, while there are signs that the RSI and Stochastic have started to rise up out of oversold levels, the forced MACD histogram beneath the zero-line is topping the upside recuperation. 

"We keep on viewing that any retracement towards the 1,620 (S1) as great gathering point on quality names. Be that as it may, any definitive decay beneath the S1 level would see the benchmark record plunging towards the 1,600 (S2) level next. 

"Then again, the KLCI would need to quickly take out its prompt 1,640 (R1) level before it could hope to adapt facilitate towards 1,662 (R2)," it said. Oil markets were nervous on Wednesday in front of an OPEC meeting later in the day, with individuals from the maker cartel attempting to explode a yield slice to check oversupply that has seen costs more than divide since 2014, Reuters reported. 

Global Brent unrefined fates were exchanging at US$46.55 per barrel at 0135 GMT, up 17 pennies, or 0.37% from their last close. US West Texas Intermediate (WTI) rough prospects were at US$45.52 a barrel, up 29% or 0.64% from their last settlement. Petronas Gas fell 22 sen to RM21.14 while Petronas Dagangan lost 18 sen to RM23.34. 

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Shell considering selling its Iraq oil assets

LONDON: Royal Dutch Shell is thinking about offering out of its oil fields in Iraq as a major aspect of its worldwide $30 billion resource transfer program, industry sources said on Monday.

Shell is trying to thin down its boundless oil and gas portfolio taking after the $54 billion securing of BG Group in February, which changed it into the world's top melted common gas broker.

With oil costs having drooped since 2014 the organization needs to concentrate on business regions with the most astounding returns, for example, LNG and deepwater oil generation in Brazil and the Gulf of Mexico.

A representative for Shell in London declined to remark.

The Anglo-Dutch organization, which has been available in Iraq for over a century, has discovered just restricted money related advantages as of late from its inclusion in Iraq's oil generation, where it is paid in unrefined petroleum yet has constrained say on creation technique, the sources said.

Be that as it may, Shell keeps on observing worth in building up its gas business in Iraq and is not keen on offering those interests, the sources said. Iraq represented around 4.4% of Shell's aggregate oil and gas generation in 2015, as per its 2015 yearly report.

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Oil prices fall as nervous market eyes OPEC meeting

Oil costs fell on Tuesday on market nerves about whether maker cartel OPEC will have the capacity to pound out an important yield cut amid a meeting on Wednesday went for reining in a worldwide supply overhang and propping up costs. Brent unrefined prospects LCOc1 were exchanging at $47.80 per barrel at 0546 GMT, down 44 pennies, or 0.9 percent, from their last close.

U.S. West Texas Intermediate unrefined prospects CLc1 were down 42 pennies, or 0.9 percent, at $46.66 a barrel. The Organization of the Petroleum Exporting Countries (OPEC) is meeting formally in Vienna on Wednesday to examine an arranged generation slice with an end goal to check overproduction that has resolute markets and more than divided costs since 2014.

With a high level of vulnerability going into the most recent 24 hours before the meeting, merchants said there was a high possibility of sudden value swings in light of news features leaving Vienna. "Regardless I think they have to do an arrangement despite the fact that my certainty has dropped back to coin hurl levels," said Greg McKenna, boss market strategist at Australian business AxiTrader.

Extreme arrangements would be required on Wednesday to bond an arrangement, Goldman Sachs (GS.N) said in a note to customers. "The most recent features propose that while there is a wide concession to the justification for a cut, political contemplations and nation level portion arrangements are so far keeping an arrangement from being achieved," the note said.

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Oil prices fall over doubts of planned crude output cut

Oil costs fell on Monday, adding to Friday's precarious misfortunes as questions re-developed over the capacity of real makers to concur yield cuts at an arranged meeting on Wednesday went for reining in worldwide oversupply.

Brent unrefined fates LCOc1 fell 2 percent at one indicate however recaptured ground be exchanging down 24 pennies, or a large portion of a rate point, at $47 per barrel at 0439 GMT.

U.S. West Texas Intermediate (WTI) unrefined fates CLc1 likewise remembered early loses to be down 26 pennies, or 0.6 percent, at $45.80 a barrel.Monday's falls came after costs tumbled more than 3 percent on Friday on difference amongst OPEC and non-OPEC rough exporters like Russia over who ought to cut generation by how much with a specific end goal to control a worldwide supply overhang that has more than split costs since 2014.

Regardless of the wrangling, dealers said despite everything they expected some type of a yield limitation to be concurred for the current week. "I hold an extremely solid view, that the financial basic of the financial plan and wage/consumption circumstance of the Saudis together with numerous other OPEC and non-OPEC countries implies an arrangement will complete," said Greg McKenna, boss market strategist at Australian financier AxiTrader.

The Organization of the Petroleum Exporting Countries (OPEC) will meet in Vienna on Wednesday to choose the points of interest of a cut, possibly including non-OPEC individuals like Russia. A meeting amongst OPEC and non-OPEC makers that should have been hung on Monday was canceled after Saudi Arabia declined to go to. Saudi Arabia's vitality serve Khalid al-Falih said on Sunday that Saudi agents would not go to the discussions initially planned for Monday on the grounds that no assention inside OPEC had been achieved in this way.

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Gold price fights back

Gold was endeavoring a rebound of sorts in Asian exchanging on Monday notwithstanding tireless offering by physically-sponsored gold ETF financial specialists since Donald Trump's triumph in US presidential races.

Gold for conveyance in February achieved a session high of $1,200.00 an ounce, up almost $20 or 1.6% an ounce from Friday's end cost on the Comex showcase in New York. Gold is still down 10% or $140 an ounce after an underlying surge taking after Trump's win. On Friday gold tumbled to its most minimal level since February.Gold bears are making huge wagers that Trump's arrangements for financial jolt, including a $500 billion framework spending project, will prompt to solid US monetary extension, higher loan fees and a more grounded dollar.

These are all negatives at the gold cost and speculative stock investments, foundations and retail financial specialists have been dumping gold thus. Since the decision financial specialists in top physical gold-upheld trade exchanged reserve – SPDR Gold Shares (NYSEARCA: GLD) – have recovered a net 64.7 tons (purchasing on the Wednesday after the race, yet offloading 70 tons from that point forward). GLD, which smaller people other physically-upheld gold ETFs with a more than 45% worldwide share, now holds 885.6 tons or a little more than 28.5 million ounces; worth $33.7 billion on Friday. That is down $5.4 billion since the shock triumph of the extremely rich person property magnate.

On August 22, 2011 when gold was hitting record highs above $1,900 an ounce GLD turned into the biggest ETF on the planet quickly outperforming the respected SPDR S&P 500 trust at a net resource estimation of $77.5 billion. Gold possessions in the trust would crest over a year later in December 2012 at 1,353 tons or 43.5 million ounces.

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Bursa Malaysia opens slightly lower

KUALA LUMPUR - Bursa Malaysia opened marginally bring down toward the beginning of today, following provincial companions and on a further slide in raw petroleum costs in the midst of worries over the result of the current week's meeting of the Organization of Petroleum Exporting Countries (OPEC).

At 9.06am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained at 1,624.76 focuses, slipped 2.50 point from last Friday's end of 1,627.26. The record opened 1.89 point bring down at 1,625.37. On the more extensive market, washouts drove gainers 110 to 97, with 117 counters unaltered, 1,418 untraded and 80 others suspended.

Turnover remained at 80.62 million shares worth RM32.04 million. A merchant said OPEC will meet on Wednesday in Vienna to attempt and finish the terms of its first generation diminish in eight years. "In the midst of the uneasiness, Brent Crude exchanging was down 84 pennies at US$46.40 per barrel or 1.8 for each penny, from its last close, while the US West Texas Intermediate (WTI) Crude fell 74 pennies to US$45.32 a barrel," said the merchant.

In the mean time, TA Securities said the close term assessment would stay careful as financial specialists kept on concentrating on the fleeting and long haul ramifications of a Donald Trump US administration and ringgit instability.

"Bursa Malaysia's prompt resistance level for the FBM KLCI remains at 1,643, with quick bolster staying at 1,616," it included. Among heavyweights on Bursa, TNB added four sen to RM14.24, Maybank slid six sen to RM7.74, Sime Darby shed three sen to RM8.07, while Public Bank and Petronas Chemicals were unaltered at RM19.50 and RM6.79 individually.

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Gold buckles on rising dollar

Gold is getting stomped on. Bullion exchanged beneath US$1,200 an ounce as prospects for economy-boosting strategies by United States President-elect Donald Trump help the US Federal Reserve prepare for a rate rise, lifting the dollar to the largest amount in over 10 years similarly as US values hit records. Bullion for prompt conveyance fell as much as 0.5 for every penny to US$1,182.95 an ounce in Singapore, as per Bloomberg non specific estimating. Costs sank to US$1,181.84 on Wednesday, the least since February, and are down 7 for every penny this month, the most since June 2013.

Financial specialists in the metal that is intended to save riches in agitated times have been sucker punched as they think about the results of Mr Trump's arrangements to renew development and help foundation spending. That push comes as the Fed gets ready to fix loan costs one month from now, with superior to assessed information on tough products and assembling on Wednesday boosting the case for activity. As the US dollar surges, gold property in return exchanged assets (ETFs) are set for the greatest month to month drop in more than three years.Assets in bullion-sponsored ETFs have contracted 85.5 tons this month, withdrawing to 1,902 tons, the most minimal level since June, as per information accumulated by Bloomberg. Subsequent to contracting for as far back as 10 sessions, the property are on course for the greatest month to month drop in tonnage terms since June 2013.

Gold's decay this month contrasts against increases seen not long ago. Costs surged in the initial two quarters as the Fed held off raising rates, ETF possessions bounced and speculators responded to sudden political occasions, particularly the Brexit vote. Bullion was minimal changed in the second from last quarter, before tumbling.

Spot silver shut at US$16.3685 on Wednesday, more than 20 for each penny underneath the end on Aug 2, meeting the regular meaning of a bear showcase. The metal fell 0.3 for every penny yesterday to close to the most minimal level since June.

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Malaysia needs to take proactive steps to maintain the trade

KUALA LUMPUR: Malaysia needs to find a way to keep up the exchange energy to guarantee 

consistent inflow of outside speculation and access to global fare markets, said Prime Minister Datuk Seri Najib Abdul Razak.

"That is the reason I am currently effectively looking for ventures and improving monetary participation with different nations for two fundamental reasons – expanding speculations and opening fare markets for our nation."Alhamdulillah, this exertion is continuing easily and Malaysia will keep on enjoying quicker financial development and make numerous work open doors for the general population of Malaysia. This is critical in raising the general population's way of life," he said.

As indicated by Najib, the nation's national salary had been lessened by about RM40 billion because of the fall in worldwide raw petroleum costs. "In this time of globalization, worldwide exchange is essential in driving the heading of the country's modernisation," he said.

The nation's fare segment, he said, is exceptionally dynamic, with our merchandise and enterprises popular in universal markets. "This has made a huge volume of pay and a huge number of business openings.

"In any case, we find that few propelled nations on the planet like the United States and Britain try to fix their financial protectionism arrangements. "At the point when this happens, numerous financial specialists expect that the trade stream particularly out Asian nations will start to moderate," he said, including this will have overflow consequences for the securities exchanges and coinage of numerous nations, including Malaysia.

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The technical and fundamental reasons why gold could fall even lower

Gold dives – here's the reason it could fall even lower  Gold dives – here's the reason it could fall even lower. Gold slid around 2 percent Wednesday, hitting a nine-month low, as the surging U.S. dollar keeps on demanding a substantial toll on the yellow metal. What's more, now, specialized expert Craig Johnson of Piper Jaffray says he wouldn't be astounded to see gold costs fall the distance to $1,000 per troy ounce.

"What's going on is, we had an extraordinary help rally that fizzled at $1,375," Johnson said Wednesday on CNBC's "Exchanging Nation."In different words, in spite of the metal's significant ascent from the earliest starting point of the year through July, the "downtrend resistance" has stayed in place.

"It would appear that we have promote drawback left to go in gold," said Johnson.

He sees the following layer of support as $1,050 to $1,000, a level that served as support in late 2015, and seemed to go about as resistance in 2008 and 2009.

"We would keep on using any alleviation mobilizes to help up on gold," he included.

Unexpectedly, while gold is much of the time said to serve as a fence against swelling, it is expansion worries that now give off an impression of being harming the metal. The possibility that President-elect Donald Trump's framework arrangements will goad swelling prompts to the optional suspected that the Federal Reserve will raise rates rapidly so expansion does not escape hand.

What's more, as rates rise, gold has a tendency to get hit, both in light of the fact that rising rates make nonyielding gold resemble a more awful speculation with respect to securities, and on the grounds that rising rates tend to make the dollar more profitable, implying that it ought to take couple of dollars to purchase a similar measure of gold.

Desires that the U.S. national bank will raise rates rather rapidly are moving the market, and "unless [Fed Chair] Janet Yellen lets us know else, we could keep on seeing gold fall, securities rise and the U.S. dollar walk higher," Kathy Lien of BK Asset Management said Wednesday on "Exchanging Nation."

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Genting, KL Kepong and HLFG weigh on KLCI early Thursday

KUALA LUMPUR: Blue chips fell early Thursday, burdened by misfortunes in Genting Bhd, Kuala Lumpur Kepong and HLFG as speculator opinion stayed frail because of the decrease in the ringgit and new bunch of generally weaker corporate results. At 9.30am, the KLCI was down five focuses or 0.31% to 1,625.38. Turnover was 154.57 million shares esteemed at RM67mil. There were 138 gainers, 174 failures and 181 counters unaltered.

China set its official yuan midpoint at 6.9085 for each dollar before the market open on Thursday, its weakest level since June 2008. The past settle was at 6.8904, Reuters reported. The news wire additionally reported MSCI's broadest list of Asia-Pacific shares outside Japan pulled once more from a 12-day high scaled the earlier day to plunge 0.2% confronting the possibility of higher U.S. loan costs occupying cash from developing markets.

Unrefined petroleum costs recuperated some of their misfortunes. US unrefined was up 0.2% at US$48.04 a barrel subsequent to losing a similar sum on Wednesday. Kenanga Investment Bank Research said residential conclusion is still delicate now of time as delineated by the weaker more extensive market on Wednesday.

The feeble notion was for the most part because of the proceeded with decrease in the Ringgit against significant monetary standards worldwide and tepid result from Bank Negara's choice to keep up the OPR at 3.0%. "Actually, the KLCI is still gotten inside its union zone on the back of repetitive force markers. Inclination is as yet inclining towards the drawback given the nonappearance of solid bulls in the market.

"From here, we keep on viewing that the KLCI will proceed on its sideways union inside 1,620-1,640 this week with drawback inclination. Key resistance levels are still spotted at 1,640 (R1) trailed by 1,662 (R2), while bolster levels are situated at 1,630 (S1) and 1,620 (S2)," it said.

BAT fell 60 sen to RM43.90, Panasonic Malaysia lost 42 sen to RM35.48 and F&N was down20 sen to RM23.40 in thin exchange. KL Kepong and HLFG lost 18 sen each to RM23.56 and RM14.92 while Genting Bhd was down eight sen to RM8.07.

AppAsia lost 2.5 sen to 29 sen and its warrants three sen bring down at 20 sen.Green Packet increased 1.5 sen to 27.5 sen and it was the most dynamic with 21.9 million shares after its more grounded profit.

FGV squeezed out a one sen pick up to RM1.56 after the late corporate news and weaker results.

PPB Group added 14 sen to RM15.90 and Genting Plantations cinbed six sen to RM10.58.Petronas Dagangan rose 20 sen to RM23.78, MBM Resources seven sen to RM2.50 and Chee Wah six sen to RM1.28.

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Gold held steady early Wednesday

Gold held consistent early Wednesday as markets anticipate minutes from the November Federal Reserve strategy meeting for more pieces of information on a foreseen loan fee climb.

Essentials

* Spot gold bumped up 0.1 percent to $1,213.04 an ounce by 0030 GMT. In the past session, the metal facilitated 0.15 percent.

* U.S. gold prospects rose 0.1 percent at $1,212.60 per ounce.

* The dollar list, which measures the greenback against a crate of significant coinage, was minimal changed at 100.990.

* U.S. home resales ascended in October to their largest amount in more than 9-1/2 years as homebuyers, floated by a making strides work showcase, exploited still-low home loan rates tograb up properties after many were closed out amid the occupied summer offering season.

* Wall Street's three principle stock lists finished at record highs for a moment straight day on Tuesday, while European shares additionally ascended on desires that business sectors would profit by U.S. President-elect Donald Trump's arrangements.

* Donald Trump's U.S. presidential triumph has impelled place of refuge purchasing of physical gold in Europe, yet conventional bullion holders in the United States are standing pat. After every single, numerous o them are hopeful in the wake of voting in favor of Trump.

* Switzerland turned into a net exporter of gold for the first time in almost a year a month ago as shipments to India surged to their most noteworthy since January and fares to Hong Kong hit a 2016 crest, Swiss traditions information appeared on Tuesday.

* The European Union concurred an arrangement on Tuesday to stem the stream of gold and different metals used to finance equipped clashes or created in conditions that rupture human rights.

* SPDR Gold Trust, the world's biggest gold-supported trade exchanged store, said its property fell 0.42 percent to 904.91 tons on Tuesday from 908.77 tons on Monday.

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Felda Global Ventures Holdings Bhd (FGV) fell in active trade early Wednesday

KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) fell in dynamic exchange early Wednesday while the FBM KLCI slipped after the powerless corporate results. At 9.32am, the KLCI was down 1.64 focuses or 0.1% to 1,627.68. Turnover was 289.25 million shares esteemed at RM156mil. There were 129 gainers, 223 washouts and 189n counters unaltered.

Hong Leong Investment Bank (HLIB) Research said the KLCI's auctioning spree has decreased and the record is endeavoring to construct a base above late three-month low of 1,614 at Nov 14, in spite of facilitating Ringgit (versus US$), as specialized are step by step recuperating. "Notwithstanding, we emphasize that lone a solid close over 1,631 (10-day basic moving normal) and 1,640 zones will open up further picks up toward 1,650-1,667 levels. On the other side, a break underneath 1,614 will witness a potential offer down to the 1,600 mental support.

"We see upside predisposition for KLCI in expectation of year-end window dressing exercises. All things considered, close term assumption will stay mindful as financial specialists concentrate on the continuous testing 3Q16 reporting season, short and long haul ramifications of a Trump administration and Ringgit instability (- 3% year-to-date predominantly determined by loosening up of US$ convey exchanges)," it said.

FGV fell 11 sen to RM1.58 with 27.2 million shares done while FGV call warrants, C12 lost 4.5 sen to 17.5 sen and C16 shed slid one sen to 5.5 sen. FGV's net misfortunes for the nine months and second from last quarter finished Sept 30, 2016 will see the manors bunch report net misfortunes for the budgetary year finishing Dec 31, 2016, says CIMB Equities Research.

DKSH fell the most, down 50 sen to RM5.65. BAT fell 40 sen to RM44.60 while F&N was down 20 sen to RM23.38 in thin exchange. Kossan fell 18 sen to RM6.71. CIMB Research is holding its Hold approach Kossan Rubber Industries because of the weaker income brought on by stiffer evaluating rivalry, higher working expenses and lower creation yield because of continuous redo.

Yen Global and WTK fell seven sen each to RM1.03 and RM1.01. AirAsia X was level at 40 sen in dynamic exchange. On a more positive note, Petronas Dagangan propelled 14 sen to RM23.60 and Petronas Gas six sen higher at RM21.56.

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Gold prices regain some ground on weaker dollar

Singapore/Malaysia : Gold costs ascended for a moment day on Tuesday bolstered by a facilitating US dollar and physical purchasing in Asia.

Spot gold was up 0.3 for every penny at US$1,217.54 an ounce by 0322 GMT. In the past session, the metal rose 0.4 for each penny, switching three sessions of misfortunes.

US gold prospects were up 0.6 for each penny at US$1,217.20 per ounce, subsequent to coming to as high as US$1,220.90 prior.

"Gold costs have considered in the December (rate climb) move. Presently it involves deal chasing," said Spencer Campbell, general administrator with Kaloti Precious Metals in Singapore/Malaysia.

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Bursa Malaysia opens higher on stronger oil prices

KUALA LUMPUR: Bursa Malaysia began today's exchanging higher because of more grounded oil costs, which activated positive opinion in the market. At 9.03am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained at 1,628.3 focuses, up 1.02 focuses, from yesterday's end of 1,627.28. The file opened 0.87 point higher at 1,628.15. Showcase expansiveness was certain as gainers drove washouts 101 to 67, with 106 counters unaltered, 1,450 untraded and 24 others suspended.

Turnover remained at 64.39 million shares worth RM22.3 million. A merchant noticed that oil costs, with worldwide benchmark Brent Crude Oil rising 4.17% to US$48.90 per barrel and WTI Crude Oil going up 3.79% to US$47.49, joined with the overnight pick up by most worldwide value markets, had affected the nearby bourse.

The Organization of the Petroleum Exporting Countries (OPEC) reported advance on the primary day of a two-day meeting, which could conceivably prompt to a yield solidify. The meeting is relied upon to resume today to promote examine the oil costs circumstance.

Among heavyweights on Bursa, TNB added eight sen to RM14.18, Petronas Chemicals rose three sen to RM6.90, Kuala Lumpur Kepong picked up 22 sen to RM23.96 and YTL crawled up two sen to RM1.52. Of the actives, Naim Indah climbed 1.5 sen to 9.5 sen and Hibiscus Petroleum went up significantly a-sen to 29 sen while Vivocom and Globaltec were level at 17.5 sen and five sen separately.

Among gainers, BIMB, RHB Bank, Thong Guan and Protasco were all up four sen to RM4.30, RM4.62, RM4.24 and RM1.27 separately while Triplc fortified eight sen to RM1.79. The FBM Emas Index grew 3.23 focuses to 11,470.33, the FBMT100 Index was 2.57 focuses higher at 11,178.69, the FBM Emas Syariah Index extended 0.14 indicate 12,074.30 and the FBM Ace enhanced 12.02 focuses to 5,026.79.

Be that as it may, the FBM 70 fell 13.18 focuses to 13,322.01. Area shrewd, the Plantation Index was 12.66 focuses bring down at 7,748.05, the Finance Index declined 1.13 focuses to 14,193.31 and the Industrial Index dropped 5.09 focuses to 3,066.21. The physical cost of gold as at 9.30am remained at RM167.35 per gram, up 27 sen from RM167.08 at 5pm yesterday.

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