KLCI futures mostly higher |
- KLCI futures mostly higher
- Hong Kong protestors break into government building as protest sites cleared
- Marginal rise for KL stocks at opening
- England win tarnished by fan chants, admits boss Hodgson
- Two political novels in Costa awards shortlist
- Texas plans extra border protection after surge of illegal entries in August
| Posted: 18 Nov 2014 05:43 PM PST
At 9.10am, November 2014 rose 2.5 points to 1,823.5, December 2014 added one point 1,823 and March 2015 increased 4.5 points to 1,823.5. June 2015 was untraded and pegged at 1,819.5. Turnover amounted to 1,578 lots and open interest totalled 23,233 contracts. The benchmark FBM KLCI was 3.13 points better at 1,821.51 after 29 minutes of trading. RHB Retail Institue said the near-term market sentiment has turned positive as the index marked a breakout above the 1,818-point resistance. The research house anticipated the immediate support level to be at 1,815 points, while on the upside, it maintaine the near-term resistance level at 1,827 points. "Thus, we advise traders to initiate fresh long positions above the 1,815-point level. A stop-loss can be set below the 1,800-point mark in order to limit the downside risk," it said in a note today. — Bernama  |
| Hong Kong protestors break into government building as protest sites cleared Posted: 18 Nov 2014 05:38 PM PST
The flare-up came just hours after court bailiffs managed to clear part of a protest camp in the heart of the city that has been occupied by pro-democracy demonstrators for nearly two months, while leaving most of the main protest site intact. About 100 riot police with helmets, batons and shields stood guard outside the government building in the early hours of today, facing off with protesters who are demanding free elections for the city's next leader in 2017. "Police retreat!" the protesters chanted. It was the first time protesters had broken into a key public building, defying the expectations of many political analysts who had predicted that Hong Kong's most tenacious and protracted protest movement would slowly wind down. The escalation came in the early hours of today when a small group of protesters charged towards the legislature and used metal barricades and concrete tiles to ram a glass side door. They eventually smashed through, with several managing to get inside, according to witnesses. Scores of riot police, some with shields and helmets, rushed over, using pepper spray and batons to keep other demonstrators from also smashing their way in. Police raised red signs warning protesters to stay back as the activists held up a wall of umbrellas to defend themselves against the pepper spray. A democratic lawmaker at the scene, Fernando Cheung, said he and other protesters had tried to stop the small group of radical activists from breaking through. "This is a very, very isolated incident. I think it's very unfortunate and this is something we don't want to see happen because the movement so far has been very peaceful," he said. Yesterday, about 30 court bailiffs arrived at the 33-storey Citic Tower, also in the Admiralty district, to enforce an injunction forbidding street barricades after a request from the building's owners. A similar injunction has been issued, but not yet enforced, for a street in the gritty district of Mong Kok, across the harbour, which has seen some of the most violent clashes of the past seven weeks. Hong Kong was returned to China from British colonial rule in 1997 under a "one country, two systems" formula that gives the city more autonomy and freedom than the mainland, with an eventual goal of universal suffrage. The protesters are demanding open nominations in the city's next election for chief executive in 2017. Beijing has said it will allow a vote in 2017, but only between pre-screened candidates. — Reuters |
| Marginal rise for KL stocks at opening Posted: 18 Nov 2014 05:37 PM PST
At 9.04am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,818.89, up 0.51 of a point, after opening 0.38 of a point easier at 1,818. The FBM Emas Index increased by 5.58 points to 12,553.65, FBMT100 Index gained 4.64 points to 12,221.31, FBM Ace rose 47.33 points to 6,555.22 and the FBM 70 improved 9.81 points to 13,602.88. However, FBM Emas Syariah Index slipped 0.91 of a point to 13,040.57. Sectorwise, the Plantation Index garnered 12.01 points to 8,354.47, Industrial Index was 4.49 points better at 3,292.89 and the Finance Index added 2.81 points to 16,437.74. Market breadth was positive with gainers led losers by 143 to 60, while 119 counters were unchanged, 1,370 untraded and 21 others were suspended. Turnover stood at 96.77 million shares worth RM43.59 million. Among heavyweights, Maybank rose three sen to RM9.62 but Axiata slipped one sen to RM7.19. TNB, Public Bank and Sime Darby were flat at RM13.64, RM18.30 and RM9.70 respectively. Among actives, IFCA MSC gained 2.5 sen to 91.5 sen, Solution Engineering added 1.5 sen to 27 sen, and Systech inched up half-a-sen to 27 sen. — Bernama |
| England win tarnished by fan chants, admits boss Hodgson Posted: 18 Nov 2014 05:35 PM PST
Wayne Rooney scored twice and Alex Oxlade-Chamberlain also found the target in yesterday's game at Celtic Park as England recorded a sixth win in six games. But England's fans could be heard chanting about the IRA (Irish Republican Army), the paramilitary group responsible for hundreds of deaths during the Irish Troubles, in an apparent bid to rile rival supporters at the home of Celtic, who have a historic association with the Irish community. It came after Scotland's supporters had booed "God Save the Queen", the British national anthem, but Hodgson told his post-match press conference: "I don't condone any chanting, I've got to say. "My concentration was on the football match. I was aware the crowd were tremendously supportive. I didn't have a clue what they were chanting. I heard a few about (Scotland manager) Gordon Strachan. "But unfortunately, chanting and people singing songs which no-one in football condones goes on. I don't condone it. "If anyone was offended, I'm sure the FA (Football Association) would apologise to them. All we can do is play our football and hope our fans behave themselves and enjoy our football." Rooney's brace, either side of a late strike by Scotland left-back Andy Robertson, took his tally of international goals to 46, leaving the Manchester United striker three goals short of Bobby Charlton's record. "His game is improving all the time, and there was more to his play today (Tuesday) than the two goals. There were many positive points to his game," Hodgson said. "Records and milestones are important. It must be nice for him to think he'll see his name at the top of the list, and a record number of caps is in his sights, too. "He must keep his fitness, but he won't be the first one to retire from football." Hodgson's evening was not without disappointment, however, amid news that Liverpool's England striker Daniel Sturridge has suffered a setback in his attempt to recover from a thigh injury. 'We let ourselves down' When informed of the news, Hodgson responded by saying: "Has he? That's really bad news. "The only positive for that is we don't play again until March. That's a massive blow for Liverpool. I hope, by March, he will be OK." Hodgson also revealed that Jordan Henderson, Luke Shaw and Danny Welbeck had received minor injury scares. "Jordan Henderson has a slight hamstring problem. He could have played, and wanted to play," said the former Liverpool manager. "Luke Shaw and Danny Welbeck were taken off the field for the same reason. They'd felt slight stiffness in the groin and hamstring." Scotland manager Gordon Strachan admitted that his side had been unsettled by England's positive approach to the game on their first trip north of the border in 15 years. But having previously seen his team record an important 1-0 win over the Republic of Ireland in Euro 2016 qualifying last week, he said that it was important to keep things in perspective. "When we met 10 days ago, the point of the exercise was to get three points against the Republic, which we did. I'm proud of the way we went about it," he said. "Then you analyse the game tonight (Tuesday), because you want to win it. The intensity, the pace England played at, without the ball in particular, was fantastic, and spooked our players a bit. "I think my players were expecting England to sit back and wait, but they didn't. They're a team full of Champions League players, and they showed that. "Maybe we were mentally fatigued from Friday, too, which we need to look at." He added: "We let ourselves down, to be honest. But we haven't over the 10 days. Just in this game." ― AFP |
| Two political novels in Costa awards shortlist Posted: 18 Nov 2014 05:28 PM PST
Monique Roffey's House of Ashes in part presents a fictionalised version of an uprising by black power activists in the early 1970s in the author's native Trinidad. And Calcutta-born Neel Mukherjee's The Lives of Others looks at the perils of extreme political activism in the author's native India. Rounding out the list are Irish author Colm Toibin's Nora Webster, about a woman's life in small-town Ireland, and Scottish-born Ali Smith's How to be Both, a tale that moves its characters between the 15th and the 20th centuries. The prize, formerly known as the Whitbread award, is open only to authors resident in Britain and Ireland, and will be announced on Jan. 5. The awards are given in five categories — novel, first novel, biography, poetry and children's book — for works published within the past year. — Reuters |
| Texas plans extra border protection after surge of illegal entries in August Posted: 18 Nov 2014 05:28 PM PST
Governor Rick Perry, a Republican who is making the move due to what Texas sees as a lack of federal action, has requested US$86.1 million in spending from December 1 through August for the deployment, which has been criticised by Democrats in the state as wasteful and the Mexican government has called irresponsible. "Texas has proven beyond any doubt that this border can be secured, even if the federal government refuses to take the steps necessary to do so as required by the Constitution," said Perry, who is seen as a potential Republican candidate in the 2016 presidential election. Perry announced the National Guard deployment in mid-2014 when a flood of unaccompanied minors from Central America was coming across the border, causing what the Obama administration said was a humanitarian crisis. Democrats have questioned the spending, saying data shows the flow of children was slowing before the Texas surge even started, that more US Border Patrol agents have been assigned to the border region and the National Guard does not have the power to arrest, raising questions about what the troops are doing. The Mexican government said Perry was trying to manipulate border security for his own political purposes. Perry has said he was forced into the move due to inaction by the Obama administration to secure the border, which was allowing international criminal cartels to thrive. The funding comes from readjusting resources in the budget, with the Republican-controlled state legislature able to make any changes when it meets next year, officials said. — Reuters |
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