HONG KONG BROKERS BOO EXCHANGES’ LI

Hong Kong securities traders and brokers, who last year lost the longest lunch break of the world's 20 biggest exchanges, marched to the city's bourse and booed at executives to protest a further reduction.

About 1,000 brokers and restaurant staff gathered at the headquarters of Hong Kong Exchanges & Clearing Ltd. yesterday, booing Chief Executive Charles Li and Chairman Ronald Arculli when they came out of the office to receive a letter of protest for the plan to cut the lunch hour further from March 5.

Hong Kong Exchanges' Li is seeking to cut the lunch break to one hour from 90 minutes, arguing it may boost business as trading hours are brought in line with China's markets. Rivals in the region have also enacted similar measures with Tokyo shortening its midday halt andSingapore scrapping its break.

"We'll work together to find ways to solve the lunch problem," Li told reporters yesterday after meeting the protesters. "It's necessary to move on. We shouldn't stop our reform."

Li cut the break from two hours last year. Shanghai's trading hours run from 9:30 a.m. to 3 p.m. with a 90-minute stoppage between 11:30 a.m. and 1 p.m. Hong Kong will operate from 9:30 a.m. to 4 p.m., with a one-hour break between noon and 1 p.m. after the proposed change.

The protesters, a mixture of gray-haired brokers and young women in suits and sweaters, marched from Statue Square in the central business district to the bourse's headquarters after the market closed. To chants of "Hong Kong Exchange is inhumane," the protesters waved picket signs and raised fists.

Picket Signs

"All the brokers in Hong Kong are so stretched," said Ruann Cheung, who works at Lippo Securities Holdings Ltd. "With a shorter lunch break, we cannot concentrate in the afternoon."

Cheung and five colleagues were gathered around a picket sign that said: "You want us to trade till we drop. We want you to drop before we trade!"

The booing grew louder as Arculli and Li walked among the protesters.

"The important thing is they came out to receive our letter, showing they are paying attention," said Patrick Lam, chairman of the Hong Kong Securities & Futures Employees Union and organizer of the demonstration. "Last time, they just sent a senior official to receive the letter."

China Competition

Hong Kong is competing with Shanghai to be the center for Chinese trading, and the move to align itself more closely with markets in the mainland comes as more Chinese companies list in the city.

Mainland Chinese companies accounted for 46 percent of the HK$17.5 trillion ($2.3 trillion) market value of Hong Kong's Main Board on Dec. 30, exchange data shows, up from 16 percent in 1997, when the U.K. returned Hong Kong to China.

The exchange has to cater to interests in China and internationally, and "if we don't do it, we may lose some competitive edge to rivals," Arculli said.

The Tokyo Stock Exchange last year reduced its lunch break to one hour. Singapore Exchange Ltd. (SGX) scrapped its break, joining Australia, South Korea and India on the list of Asia-Pacific markets that trade without an interval.

Restaurants Suffer

The shorter lunch break has hurt restaurants, said Jacky Choi, the assistant manager at Treasure Lake Golden Banquet, which has 15 stores in the Central and Sheung Wan business districts. Income for each of the restaurant dropped by about HK$10,000 a day after the first reduction in trading break, he said.

Brokers use the break to communicate with clients and one hour is not enough, the union's Lam said. The bourse's argument that it will make the exchange more competitive is not a strong enough reason, he said.

"Turnover at the Hong Kong exchange hasn't increased since the first phase of the lunch cut," said Lam.

The average daily turnover in the city has been HK$67.8 billion since the bourse reduced its break on March 7 last year to the current 90 minutes, according to data compiled by Bloomberg. That's less than the HK$69.8 billion average for the same period a year earlier, when traders still enjoyed their two-hour lunch break. The average number of common shares traded has dropped by 28 percent to 11.1 billion.

'Happy Compromise'

Hong Kong's benchmark Hang Seng Index (HSI) tumbled 20 percent last year, its first annual drop since 2008, with developers and banks tumbling as China took steps to curb inflation andEurope's debt crisis threatened global growth. The decline compares with a little changed Standard & Poor's 500 Index and an 11 percent drop for the Stoxx Europe 600 Index.

"Maybe we can compromise to make everyone happy," said Louis Lai, a stock broker at Phillip Securities who is also part of the union. "There's no urgent need to further cut it back to one hour."

By Kana Nishizawa and Fox Hu - Jan 13, 2012 12:00 AM GMT+0800

http://www.bloomberg.com/news/2012-01-12/hong-kong-traders-plan-lunch-break-protest.html

港股狂打 999 盈警公告急增 1.5倍 藍籌也遭殃 專家勸忍手

【本報訊】下月尾放榜前夕，企業狂打 999報警！多達 8隻股份昨日收市後齊齊發出盈利警告，當中涵蓋地產、保臉、能源及零售相關股份。據統計，去年 12月至今的盈警公告暴增逾 1.5倍，盈喜盈警比例更由四比六，變成二比八。盈警股更蔓延至藍籌，百麗（ 1880）公佈上季數據遠遜預期，聯通（ 762）則叫投資者勿過於樂觀，性質與發盈警無異。

記者：林靜、吳綺慧

金融海嘯後的 2010年各企業績大反彈，不過利好勢頭未能延續至 2011年。截至昨晚 9時前，昨日已有多達 8間公司公告盈利預測，而且全數為盈警！

事實上，盈警不絕情況在近月持續出現，據本報初步統計，去年 12月至昨天，共有約 42間上市公司就 2011年 12月底止的半年或全年業績發出盈利預測，按年增六成，不過當中 35間或逾八成報憂；相比 2010年同期，僅約 25間公司有盈利預測公佈，其中僅 14間或 56%為壞消息。

中國太平附屬 31年首見紅

港股去年大瀉兩成，投資控股公司中策（ 235）、合一投資（ 913）以及滬光國際（ 770）齊齊受累股票投資虧損，股市不濟同時令內險股受挫，中國太平（ 966）昨公佈，受累投資收益減少及重大災害賠款上升，集團全資附屬太平再保險去年業績將錄經營虧損，為 1980年創立以來首次。

一度熱熾的樓市最終腳軟，地產代理商美聯（ 1200）表示，受中港物業交投放緩影響，集團去年下半年或錄得虧損，去年純利或大幅倒退，同系的美聯工商舖（ 459）亦預警純利倒退。

其餘預警股份還包括黛麗斯（ 333）及泰坦能源（ 2188），當中兩個月前曾爆工潮的黛麗斯指中期業績將見紅，主席馮煒堯昨接受本報查詢時強調，今次盈警與早前爆發的工潮關係不大，主要由於市場氣氛轉差，令部份定單被取消，導致銷售額低於預期所致。

市場擔憂企業盈利表現欠佳打擊市場信心，甚至令港股估值有下調風險。康宏證券及資產管理董事黃敏碩認為，在企業業績正式公佈前仍難言負面因素是否已全面反映，尤其以炒概念先行的股份，如內需等，並切記強勢板塊並非必然大賺，他認為目前未到加倉時機。

�指反覆　收市倒跌 56點

港股昨反覆調整，�指在內地通脹數據符預期下一度炒高逾百點後回吐，收報 19095點，跌 56點（ 0.30%）； H指報 10519點，升 0.02%，主板成交 561億元。

資金湧入績佳股，莎莎（ 178）及國際資源（ 2882）升逾一成，相反盈警股第一上海（ 227）暴瀉 6.3%，日前發盈警的碧生源（ 926）再挫半成。

滙豐輪證亂開價 大跌市 Put輪離奇跌 苦主：激死我

大笨象死機玩殘輪客！輪證主要發行商滙豐，昨日早上超過 300隻輪證開價及報價嚴重偏差、脫離市場價格，持貨的散戶未能以正常價沽貨，為之氣結。滙豐發言人昨晚回應指，事件涉及轉換系統報價，並不涉及系統問題，但港交所發言人踢爆指，昨日接到投資者查詢後主動聯絡滙豐了解情況，滙豐承認昨早系統出現問題，故轉用人手計價報價。

惟下午系統恢復正常，回復系統計價的回應報價模式。至於系統出現甚麼問題，滙豐沒有透露。港股昨日開市大跌，之前有買入滙豐恒指沽輪和熊證的散戶以為可以食糊，但昨日滙豐恒指沽輪早市不升反跌，而熊證買賣價差則高至無法買賣，散戶蔡小姐向本報表示，她前日買入的滙豐恒指沽輪 15907，昨日開市後價格不但沒有上升，反而下跌，令她和證券行的戰友㷫爆。「這是 Put輪不是 Call輪，跌 400點還要蝕 6個價位，如果倒升 400點，豈不是要跌 50格，是甚麼道理？激死我！」蔡小姐指出，昨日多隻滙豐恒指沽輪亦有同樣情況。

蔡小姐表示，昨日深感無助，上午曾不斷致電滙豐熱線，要求更正報價，但都無法打入。稍後她致電港交所和證監會，獲答應轉介個案予滙豐跟進，至下午才獲滙豐職員回應，告之報價正常。她亦在下午才能出到貨，但整個上午已一額汗。

港交所踢爆系統有問題

本報翻查資料，發現昨日十大成交滙豐窩輪中，有九隻在上午早市出現沽輪不升反跌，或買賣價差高達二十格等異常現象。以滙豐恒指沽輪 15907為例，行使價為 16800，明年 4月到期，昨日恒指開市跌 200多點，滙豐掛出的買盤價反而為 0.09元，較前日收市價還跌兩格。尤為誇張的是，恒指昨日在 10點 30分至 11點時段跌逾 400點，接近全日低位，但滙豐的買盤價就更被壓至 0.086元，較前日收市價還要跌 6個價位。

統計滙豐昨日最大成交的沽輪 15330，開市價升 6.2%，較其他三間發行商、條款一樣的沽輪升幅 8%至 8.4%，足足少了接近兩個百分點。滙豐大部份輪證開市後竟然橫行。

另一位市民王先生指，昨日上午多隻滙豐熊證都不正常，買賣價差高達二十格，根本無法順利沽貨。由於買過夜牛熊證很容易打靶，風險極高，現在博中邊，反而不獲接貨，王先生直斥滙豐做法毫無風度。而如果恒指昨日上午單日轉向，就無仇報，王先生將無辜蒙受損失。

有行家指，恒指輪證由於很容易做到對冲，發行商做為流通量提供者，根本不應該會讓買賣價差高達二十格的情況出現。由於事件涉及多隻輪證，估計不會是人為失誤因素導致，而很可能是滙豐的交易系統出現問題，滙豐改以人手計價，報價「超級保守」，不跟隨市價變動。

(Source : http://hk.apple.nextmedia.com)

一星遭謫 鏞記「跌落凡塵」

摘星食肆，隨時會遭謫降奪星，淪為「謫星」食肆。今次多間星級食肆「墜落」，新同樂由三星跌至兩星，龍頭食府鏞記，更由一星食肆「貶謫凡塵」，成為一般推介食肆。有中環熟客痛斥老牌食府「恃老賣老」，服務變差，連招牌燒鵝水準也不如過去。

鏞記遭米芝蓮奪去一星，成為普通推介食肆。

熟客：褫奪有理

星星可升也可跌，以鮑參翅肚馳名的尖沙嘴新同樂，上屆才攀上三星，今次便遭降至兩星。兩星食肆也有三間降至一星，包括國金軒、唐閣及桃花源小廚。

鏞記連唯一的星星也遭奪去，今次只是芸芸推介食肆之一。或許會有人為在港幾乎無人不曉的鏞記叫屈，但對於不少中環熟客來說，卻認為奪得有理。上班族吳小姐昨午與同事到鏞記吃飯後，滿肚子怨氣，投訴鏞記或因太好生意，太多遊客，職員做到好躁，服務態度差劣，招牌燒鵝也失水準，「 460蚊隻燒鵝，只值 300蚊，深井燒鵝好食得多，食完今次唔會再食！」

鏞記公關說老闆甘健威不在，暫不回應，但稱仍有不少市民遊客光顧。新同樂至截稿前未有回覆。

不過，本地名廚周中認為米芝蓮乃洋人玩意，對鏞記及新同樂被降級不需驚訝，他指香港人並不注重食店是否有「星」，不會以此書尋覓美食。

食客反應

遊客孫小姐
每次嚟香港必食鏞記燒鵝，就算冇咗米芝蓮一星都會捧場。

上班族吳小姐
職員態度差，燒鵝唔及深井，唔會再嚟食。

全球獨家高級雜貨 8頭乾鮑$3000加熱即食

老字號醉名廚一向以自家製貴價食品出名，最近該店在九龍城開設雜貨店，除了售賣招牌作──鮑魚，還有印尼麝香貓咖啡、意大利果醋、西班牙黑毛豬火腿、芝士蛋糕等高級歐陸雜貨。負責人黃先生說：「有好多貨都係獨家代理，好似芝士蛋糕咁，都係請到香港五星級酒店大廚為我哋製作，第二度唔會有。」打着高檔、正貨及獨家代理的旗號，該店吸引不少闊太光顧，但黃先生不肯透露貴客身份。

醉名廚售賣的自家製食品，主要有港式老火湯及花雕上海系列等食品。早前於 THE ONE超市開設專櫃售賣鮑魚，至於九龍城新店售賣的高級歐陸式雜貨是世界各地，包括法國、意大利、比利時、瑞士、日本、韓國等地搜羅的不同類型優質食品，當中不乏鮑參翅肚、紅酒及鵝肝等矜貴食材。

新加坡潮州發記酒家大廚李長豪主理的溏心蠔皇南非乾鮑，每隻售 3000元。

不少闊太都喜愛到醉名廚購買即食貴價食品。

意大利果醋 Aceto Balsamico Tradizonale，每公升精華均由 60公升葡萄壓榨成。 100毫升支裝售 900元。

韓國黃金一品鮑，每罐 438元。

醉名廚搜羅世界各地食品，種類繁多。

各式乾鮑鮮鮑均有售

不過，焦點仍是鮑魚，店裏堪稱「 Abalone Arena」──鮑魚競技場，乾鮑和鮮鮑來自南非、澳洲、日本、台灣、韓國、墨西哥等不同國家，多達十個品牌，包括醉名廚自家品牌、蔡瀾監製的日本鮑皇、香港十大名廚之一李駒的私房菜鮑魚、大喜慶高榮新師傅的私房秘方鮑魚。其中醉名廚的韓國黃金一品鮑，特意把鮑魚從韓國境內的無污染莞島帶到香港，是香港首家引入韓國莞島鮑魚罐頭的店舖，每罐 438元。

印尼麝香貓咖啡，有咖啡豆或咖啡粉，每 100克售 1800元。

意大利 Versace紅酒，葡萄產自西西里島，充滿果香及橡木味。著名設計師 Versace設計商標，醉名廚獨家代理，每瓶 400元。

新同樂魚翅酒家牛肋骨，醬汁香濃，每件售 118元。

由香港五星級大廚自製的美國芝士餅，每個售 128元。

名廚主理　 7日前預定

該店還引入了新加坡潮州發記酒家李長豪師傅主理的即食乾鮑──溏心蠔皇南非乾鮑，可說是該店王牌，選用一級南非 8頭乾鮑製成，隻隻溏心，切時感到黏刀的張力，每隻售 3000元。即食乾鮑利用真空包裝，客人只需加熱便可享用，省卻燜煮時間。售賣即食乾鮑的店舖，本港並不常見，是該店首創，黃先生說，由於處理乾鮑魚工序繁複，要經過洗淨、處理、燜熬、保存等。「出面真係冇乜人會咁做，錯咗一個 step就全部都唔要得，但係我哋有好多名廚主理，所以唔驚。」如碰巧沒存貨，預定時間需 7至 10天。

除了鮑魚，醉名廚還有多位名廚及星級食府炮製的佳餚出售，包括米芝蓮三星食府新同樂魚翅酒家都在陣內，新同樂著名美食──牛肋骨便在該店有售。牛肋骨醬汁香濃，完全滲入牛肉裏頭，鬆化不粗�，甘香之味久存於口腔內，每件 118元。因應冬至將到，醉名廚與新同樂推出限定期間盆菜，售價待定。黃先生說，「想方便客人可以一站式買到頂級嘅好嘢食，加熱就食得，適合香港人忙碌嘅生活。」

記者：張芷茵　攝影：羅君豪

Party之選　甜品到會

醉名廚店內設堂食位置，「其實唔係話 set死係堂食，只不過有時啲客想即時食，咁都要有個空間畀佢哋坐低品嚐，又可以傾吓偈。」該店還可代客訂貨，不少客人會訂購鮑魚回家與家人享用。另外亦有公司預定甜品，「會送到去佢哋嘅寫字樓，方便開 party。」

日本禾麻乾鮑最靚

通泰行總經理李廣林（圖）表示，要數最靚乾鮑魚，日本的禾麻就最好。「日本有特殊嘅方法去處理，乾燥嘅技術掌握得最好。」不過要將乾鮑魚處理得好、煮得好吃並非易事。

李廣林說，要煮靚鮑魚，有時候都要花上幾天時間。「煮乾鮑魚好麻煩，好考耐性同埋好花工夫、時間。」皆因乾鮑要浸發、炆煮、翻動、熬製，若沒有完善的設備或火侯掌握得不好，靚鮑魚就毀於一旦。他提議，「若果唔係要日日食嘅話，都係搵大師傅主理好啲。」至於問到那個師傅煮得最好，他說每個都各師各法、各有睇頭。

(Source : http://www.appledaily.com.hk)

細價股掀斬倉潮 股東財困遭掟貨 煤層氣瀉 83%

【本報訊】港股昨日喘穩，收市倒升 25點，惟細價股卻掀起一輪斬倉潮，中國煤層氣（ 578）及志高（ 449）分別離奇暴瀉八成及兩成，據悉為內地背景的股東被斬倉所致，斬倉券行包括金利豐證券。證監會前日發預警，指券商可先「斬」後奏，昨已出現斬倉場面，業界警告斬倉潮陸續有來，細價股少沾為妙。

市況喘穩，大隻股、牛證熊證都企穩，只有細價股失足。

據了解，河南煤企煤層氣及空調產銷商志高，兩股一名主要股東，同屬一內地投資者，由於財務困難，抵押的煤層氣股份迅速被證券行斬倉。金利豐發言人證實，該行有沽出小量持股，亦有幫客戶減持。煤層氣昨由朝洗到晚，午後變仙股、曾低見 0.07元，跌幅達 87%，市值由 38億蒸發至不足 5億元，全日成交額大增至 2.07億元，成交股數激增百倍，尾市洗倉告一段落，股價跌幅收窄至 0.094元，跌 83%。

58隻細價股 52周新低

據了解，該客同時持有志高，因此「洗埋一份」，志高一度暴瀉 42%，收市報 0.233元，跌 24%，成交額 7182萬元，成交股數大升 43倍。事實上，細價股昨日紛紛暴瀉， 58隻創 52周新低股份中，近七成為股價低於 1元細價股。以細價股為主的創業板指數昨跌 0.6%，今年迄今累挫 42%，遠遠跑輸恒指，亦反映細價股弱過藥煲。

煤層氣及志高昨發表通告，均指不知悉股價下瀉及成交大增原因，並確認沒有任何收購或變賣需作出公佈。不過，有傳部份證券行眼見兩股股價暴跌而上調孖展按金，並追 call孖展，期後因斬倉而在下午觸發進一步拋售。

煤層氣執行董事李俊安回應本報查詢時表示，暴瀉與營運無關，並估計「事件牽涉 shareholding（股權），平日成交邊有咁大？」集團正擬再就事件發表進一步通告。港交所資料披露，煤層氣大股東為主席王瑞雲，持股 65.95%，次股東為金利豐行政總裁朱李月華，持股 16.83%。

志高公司秘書梁漢文回應查詢時稱，就他所知集團業務運作正常，並對股價暴跌感到詫異。豐盛金融資產管理董事黃國英指出，部份股權集中且流動性欠佳的公司股東，近期頻頻被斬倉，散戶買賣細股價時要份外提神。

港股升 25點　萬八關拉鋸

早前股份狂插水的鴻隆（ 1383）證實，前主席曾雲樞所抵押約 3.2億股股份已遭斬倉，並於上周四被強制轉移至新股東手上。集團早前亦有第二大股東趙銘的抵押股份，遭強制出售，落入主席周焯華手上。

港股昨在萬八關口拉鋸，埋單升 25點（ 0.14%），收 18251點，主板成交 580億元。散戶炒無可炒，集中於窩輪、牛熊證等衍生工具「搵食」，昨日衍生工具成交額 235億元，佔整體交投逾四成，沽空金額 58億元，比率接近一成。

(內容轉載自蘋果日報網站)

Dexia或須分拆, 清洗毒資產 股災燃起新火頭, 歐洲銀行股全線急挫

【本報綜合報道】希臘再被指無力還債，令一眾持有希臘債券的歐洲銀行不論規模大小都風聲鶴唳。昨有指 Dexia、法巴及法興等銀行需為希臘債多撇賬兩倍，歐洲銀行股價全線勁挫；有消息人士更指，不排除 Dexia銀行最終或要進行分拆，將有毒資產剝離。

比利時 Dexia是其中一間持有大量希臘債券的銀行，其股價連日插水。　路透社

另一邊廂，近日市場擔心美國銀行業的交易對手風險，摩根士丹利及美銀等一眾大行信貸違約掉期（ CDS）續升。不少大型銀行已陸續詳細公佈持有歐債情況，其中德銀指今年盈利將不會達標，料需繼續節省成本及裁員。

法興法巴拒作更多撇賬

彭博社昨報道，法國與比利時合營的 Dexia，以及法國兩大行法巴及法興，近日仍無視外界批評，繼續拒絕歐洲監管機構要求銀行業就持有希臘國債作出更多撇賬。報道指，正當歐洲多數銀行已將持有的希臘債券按市值入賬，減值多達 51%之際，上述三行仍堅持只表示債券減值 21%。此舉雖未違反會計規定，但希臘一旦違約，這些銀行將蒙受更嚴重的虧損。彭博數據指，若將持有的希臘債減值一半，三銀行將蒙受額外約 30億歐元損失。 Dexia昨最多曾挫 38%，法興及法巴則一度跌 7%。

法國拒直接注資 Dexia

與此同時，近日屢次被傳需要注資的 Dexia，正考慮將有毒資產分拆。英國《金融時報》報道， Dexia持有的歐豬債總值 276億美元，正考慮隔離不良資產，或者尋求國家擔保。比利時財長昨亦表示，該國看守政府將就援助 Dexia進行研究，落實資產分拆，可能尋求多國政府對資產進行擔保；法國則堅持拒絕直接注資 Dexia，但可能會將 Dexia有毒資產注入法國信托投資局資產中。受 Dexia拖累，法國及比利時 CDS昨分別升 12點子及 34點子。

德銀發盈警　預告裁員

全球銀行業 CDS亦受歐債問題拖累而持續急升，其中花旗昨升 36點子，德銀及美銀則升 17點子。德銀昨更發盈警，表示今年將無法實現核心業務稅前盈利 100億歐元的目標。該行指，受企業銀行及證券（ CB&S）業務部門拖累，今年第三季業績將明顯低於預期，又表示預計未來兩季將裁減該部門 500個職位。另外，德銀在希臘主權債務減值開支預計接近約 2.5億歐元。德銀發盈警後，股價最多曾挫逾 6%。

此外，希臘政府需於 10月中發薪及退休金，故歐元區可能重新向希臘私人債券人尋求承擔更多債項。

話你知 比利時一哥 Dexia　美債市大戶

Dexia SA於 1996年由法資銀行 Credit Local de France及比利時銀行 Credit Communal de Belgique SA合併組成，為目前比利時按資產計最大的銀行，多年來一直向法國及比利時提供最多借貸的機構。於 08年雷曼風暴中，法國及比利時政府曾聯手以 30億歐元入股 Dexia，另再加上其股東提供的額外 30億歐元才能避過倒閉一劫。雖然 Dexia於 2010年 6月已開始停止發行政府支持的債券，不過，截至上月底銀行的總負債額仍高達 290億歐元，而且 Dexia同時於美國政府債券市場亦佔有很大比重，一旦 Dexia破產，將會令其發行的債券頓變廢紙，對美國銀行業將會造成嚴重打擊。

(內容轉載自蘋果日報網站)

AGRICULTURAL STOCKS TO BOOST ASEAN

Agricultural prices are climbing around the world and today Asean Agricultural stocks rallied, a rally that will continue today after prices in the USA for Agricultural items moved higher.

Astra Agro Lestari, Sri Trang-Agro Industry, Golden Agri-Resources and Indofood Agri Resources all posted solid gains today and it would appear to be the start of a much bigger move.

US markets were trading higher on an expected Fed move and that will add to gains across Asia today.

A Surge in CPO prices contributed to a strong day on the Bursa Malaysia.

Bursa Malaysia Closed up 6 points or 0.41% to close at 1487.41 points on Monday.

The 3rd month CPO future price gained RM170 to close at RM2930. The Finance Index added 0.16% to 13519.65 points, the Properties Index climbed 0.88% to 955.07 points and the Plantation Index rose 1.68% to 7036.76 points.

The market traded within a range of 5.53 points between an intra-day high of 1490.10 and a low of 1484.57 during the session.

Actively traded stocks include KBUNAI, HWGB, HWGB-WB, MALTON, MUHIBAH, IOICORP, AIM, OILCORP, GOCEAN and SAAG. Trading volume increased to 1094.09 mil shares worth RM1715.32 mil as compared to Friday’s 1075.15 mil shares worth RM1657.25 mil.

Leading Movers were GENTING (+26 sen to RM10.52), SIME (+11 sen to RM 8.70), IOICORP (+8 sen to RM5.58), KLK (+30 sen to RM17.70) and MISC (+8 sen to RM8.77).

Lagging Movers were AXIATA (-3 sen to RM4.54), TM (-5 sen to RM3.44), DIGI (-20 sen to RM24.78), CIMB (-2 sen to RM8.15) and TENAGA (-3 sen to RM8.83).

Market breadth was positive with 479 gainers as compared to 287 losers.

In Jakarta the Composite Index advanced 1.79 points, or 0.1 percent, to close at 3,548.75. About 6.2 billion shares worth Rp 5.91 trillion ($658.3 million) changed hands. Decliners outnumbered gainers 105 to 103.

The JCI gained 31 points to register a high of 3,575 in the first hour of trading before spending the rest of the day working its way lower.

Astra Agro Lestari, the country’s biggest listed palm oil plantation company, surged 7.1 percent higher, its steepest increase since Aug. 5, as palm oil futures climbed 5.7 percent to a 26-month high in Kuala Lumpur trading.

International Nickel Indonesia, the nation’s biggest nickel producer, rose 0.5 percent and Aneka Tambang, the state-owned gold and nickel producer, added 2.1 percent as nickel gained 1 percent to $24,650 a metric ton.

Astra International, the nation’s biggest automotive retailer and a seller of Honda motorcycles, fell 1 percent to Rp 56,400, its lowest close since Sept. 29.

Motorcycle sales in Indonesia dropped 34 percent in September from a month earlier to 481,485 units due to the Idul Fitri holiday, Bisnis Indonesia reported, citing data from the nation’s motorcycle association.

XL Axiata, a mobile-phone operator, climbed 1.9 percent to Rp 5,500, its highest close since Sept. 29. Sebastian Tobing, an analyst from UBS, raised his share-price estimate for XL Axiata to Rp 6,500 from Rp 5,500, saying valuations “remain attractive.”

Indofood Sukses Makmur, Indonesia’s biggest instant-noodle maker, lost 4.4 percent to Rp 4,875, its lowest close since Sept. 7.

The company had its stock rating lowered to “neutral” from “overweight” by Stevanus Juanda at JPMorgan Chase, citing the lack of a “major catalyst” after the listing of a packaged-foods unit. The brokerage reduced the share-price estimate to Rp 4,650 from Rp 5,000. The company also faced a recall of its Indomie instant noodles in Taiwan and Hong Kong.

Meanwhile, the rupiah rose 0.1 percent to 8,928 per dollar as of the market’s close on Monday, trading near its highest level in more than three years on speculation that the US Federal Reserve would step up asset purchases to boost the US economy, increasing the flow of funds to higher-yielding assets.

The Stock Exchange of Thailand (SET) composite index went up 14.66 points or 1.52% to close at 977.85 points at the end of trading session on Monday afternoon. The trade value was 27.05 billion baht.

Shares in Sri Trang-Agro Industry Pcl STA, the country’s largest publicly traded rubber maker, hit an all-time high on Monday as strong demand from the automobile industry boosted its earnings outlook.

At 0350 GMT, Sri Trang shares were up 8.4 percent at 24.6 bajt, having hit a record of 24.8 baht. The main Thai index .SETI was up 1 percent.

Broker Trinity Securities said the shares were relatively undervalued, trading at a price to earnings ratio of 6-7, well below its target of 10.

BTS Group, the operator of the Bangkok SkyTrain, has signed a 50-million (2-billion-baht) deal with Siemens of Germany to supply one car to each of its 35 three-car trains.

Chief operating officer Surapong Laoha-Uny said the deliveries of the new carriages were scheduled over the next 30 months to serve the expected growing demand on the Sukhumvit route following the opening of the On Nut-Baring extension in mid-August 2011.

Operation of the new section is forecast to help lift average ridership to 500,000 a day next year. Revenue growth in 2011 is expected to exceed the 8% figure estimated this year, thanks partly to the increased capacity of its new four-car trains.

Next month, BTS will introduce its new Chinese-made four-car trains. The 12 new trains will be in full service by December to help attract customers on the congested Silom route, said Mr Surapong.

The Chinese-made trains will increase SkyTrain capacity by 30% from the current three-car trains made by Siemens. The new trains each have a capacity of 1,490 passengers, while the current three-car series can carry 1,106.

Average ridership on the SkyTrain on weekdays is 460,000 and is projected to reach 480,000 by year-end.

Top five most active values were as follows;

PTTEP closed at 170.00 baht, up 5.50 baht (3.34%)
PTT closed at 306.00 baht, up 4.00 baht (1.32%)
BANPU closed at 740.00 baht, up 10.00 baht (1.37%)
STA closed at 25.00 baht, up 2.30 baht (10.13%)
CPF closed at 24.20 baht, up 0.70 baht (2.98%)

Singapore shares rose 0.3 percent in the morning session on Monday, led by gains in palm oil firms, By the midday break, the Straits Times Index (STI) was up 9.78 points at 3,163.12. The total market volume was 1.5 billion shares.

Shares of Singapore-listed palm oil firms outperformed the broader market on prospects for higher demand for palm oil amid concerns of a shortage of soy and corn crop in the U.S., traders said.

“Palm oil plays will normally take the lead from crude oil prices. Both are heavily correlated and we expect crude to top $100 next year,” representing further upside for palm oil stocks.

Golden Agri-Resources (GAGR) rose 5.2 percent to S$0.605 while rival Indofood Agri Resources (IFAR) climbed 4.8 percent to S$2.40.

The world’s largest palm oil firm Wilmar International (WLIL) gained 1.3 percent at S$6.06.

Tey said he expected the STI’s upside to be capped at 3,172 points in the afternoon session.

“We expect a dull week ahead for the STI as we look towards the earnings season starting next week,” Tey said.

“I believe third quarter corporate earnings may be very lukewarm, so I see little upside for the rest of the year.”

Shares of Singapore’s Biosensors International (BIOS.), which licenses medical technology, rose 10 percent to S$1.10 after it said an investor had bought a near 30 percent stake in the firm.

In Manilla, the Philippine Stock Exchange index (PSEi) shed 18.22 points, or 0.43 percent, to close at 4,218.79 Monday.

The broader all-share index was also down by 3.50 points or 0.13 percent to 2,688.12. All sub-indices slipped except holding firms, which rose by 32.64 points, or 1.01 percent, to 3,264.42 points.

The property index led the decline, losing 37.41 points, or 2.32 percent, to close at 1,575.30.

Decliners led advancers nearly two to one with 90 shares slipping and 46 gaining. Prices of 35 issues were unchanged. Volume was thin with a total of 1.7 billion shares worth P5.1 billion changing hands.

“We are really expecting the market to consolidate for the week. We don’t expect any market moving news to come out in the next few days,” said Astro del Castillo of First Grade Holdings.

“I think it will be better if the index slips a little bit more.”

This will give more investors the opportunity to buy stocks before the index climbs to even higher levels next week.

Article Dated : October 11, 2010

http://www.livetradingnews.com/agricultural-stocks-to-boost-asean-24257.htm

PALMISTRY : THE LIFE OF SUN (APOLLO), PART 5

    LINE OF SUN        

•  The sun line or the appolo line is the sister line to the line of fate, ie a second fate line . The sun lines presense gives a boost to the existing fate line. A strong sun line will always compensate for a weak fate line.

• A strong sun line can be possesed by many well known people in the field of arts, music and writers. The sun line shows a love of all the creative arts and things of beauty. This line can also indicate the possibility of wealth without working, like inherited money or perhaps winning the lottery and also happiness and good fortune.
  
                                                        PLACEMENT        

• The line of sun orignates from the left-hand side of the palm when looking at the right hand, and visa versa on the left palm. A long prominent line,free from adverse marks and from liners running across it, the grater the chance of riches coming into the persons life.      

• If this line is absent ,it shows that the person may have all kind of excellent qualities, but their lives will be lived unrecognised . Many palms do not show this line until halfway up the up the the hand. This may mean that the person will finally get the recognition that they deserve in the second half of their lives.
  
                                           DIVISION OF THE SUN LINE 
  
  THE BEGINNING  -  BIRTH TO 25 YEARS
         

• It is very fortunate for a person to have a strong sun line in the beggining years of their lines. It induicates that there is a good chance for personal success, fulfillment and happiness in the early years upto 25 years of age.
  
  THE MID SECTION  -  25 TO 50 YEARS
     
• If there is absense of the line of sun in this section, then it means that the person may have bad luck and his projects and plans may have come to nothing. Obstacles have caused the persons progress or ambition to remain unfullfilled.If this line appears.
     
• This bad luck can be overcome in the end section of the line which shows a persons good fortunes returning.
  
  THE END SECTION  - 50 TO 75 YEARS
       
• If the sun line rises from above the heart line near the end of the palm, this is an especially fortunate sign, even if it hasn't shown up until now. The person might have experienced early struggle in life, but somehow they will always have been rescued at the last moment, some thing would always turn up at the last moment just when they really needed it.
         
• These people may not become very rich at this stage, but they will not be without riches also.
  
  (Source : http://linesandgems.com/Sun Line.aspx)

Intro to the Sun Line
 It starts from the wrist and moves upwards between the mounts of the Venus and moon ending on the mount of Apollo. It indicates intellectual, brilliance, fame and wealth, social life. This is a vertical line in the hand, long or short. If it is long, it starts from the upper part of the Mount of Moon and runs towards the Mount of Sun and generally terminates on the same Mount. If it is short, it starts high on the hand and ends on the Mount of Sun. If a person do not have Apollo line then he fails to have success in projects and enterprises.

Functions of the Sun Line

It is the Line of capability, expressive of he possible accomplishments in which the subject would excel.
It shows sufficient talent and intelligence which may lead to success and happiness if properly used.

Rising from the wrist running through the hand - Possession of great talent
Rising from the Line of Fate - Success through personal efforts and merits.
Rising from the Mount of Moon - Success or failure through the influence of external factors
Rising from the Plain of Mars - A stubborn nature coupled with sufficient self-confidence and right resolution to achieve success - hands of a self-made person.
Rising from the Line of Head - Success achieved late in life.
Rising from the Line of Heart - A favorable sign revealing good tastes and adequate talents useful in old age.
Rising from the Line of life - Great interest in fine arts and occult study.

Characteristic features of the Sun Line

Long and uncrossed - Riches
Straight and strong - Fame in art
Well formed in both the hands - Successful career.
Very broad and shallow - Showy.
Very deep - Exaggeration of one's art.
A clear, deep and well-cut Line - Brilliant success assured -clear cut aim in life.
Poorly formed Line - Superficial Love of arts.
Chained Line - Inherent talents not properly recognized.
A wavy line - Vacillating career - erratic and unreliable.
Several vertical Lines present - Diversity of interest - difficult to attain success.
Twisted - Permanent failure accompanied by wickedness and misery.
Zigzagged line and the Heart line is shallow or absent - A high degree of infidelity and misconduct.
Long and uncrossed with twisted fingers - Talent for evil purposes.
A branch from the Line rises to the Mount of Mercury - Distinguished success in the direction of business, scientific pursuits and in the power of expression;
A branch from the Line merging into the Head Line - Success through mental caliber
Deeply marked on the Mount of Sun with pronounced Mount of Jupiter and Mercury - Aptitude for fine literary work.

Marks On Line

An island on the Line - Serious loss of money or reputation.
Bars cutting the Line - Constant impediments to success.
Breaks in the Line - Versatility that brings neither money nor fame to the subject
Dots on the Line - Menace to the reputation of the subject.
Ends in a dot - Indication of a brilliant success.
Begins with a star and ends with a star - Brilliant success throughout life.
A cross at the end - Protection from evils of all sorts.
An island at the end - Later portion of life dull and insipid.
A fork at the end - Subject's talents in more than one direction.
Trident on the - Celebrity - wealth from mental efforts.
Ends in a tassel - Talents fritter away in so many directions and accomplishments nil.
A star at the end - Success due to the assistance and good-will of others
Rising Offshoots - Increases the good effect of the Line.

(Source : http://www.hindustanlink.com/palmistry/lines-sun.htm)

BARACK OBAMA'S PALM

(Source : http://www.squidoo.com/palmistry-palm-reading-)

PALMISTRY : THE LIFE OF SUN (APOLLO), PART 4

When sun line sends branches to saturn mount and mercury mount, that looks like a trident, then surely the person can earn a lot of money and becomes wealthy and can lead a happy life.

 (Source : http://palmistry2010.blogspot.com/2009/12/trident-sign-on-sun-line.html)

PALMISTRY : THE LIFE OF SUN (APOLLO), PART 3

The Line of the Sun, which is otherwise called the Line of Success or the Line of Brilliancy (1-1, Plate XV.), is one of the most important marks on the hand to consider.

It has in its symbolism almost the same significance as the Sun itself has to the Earth.

Without this line the life has no happiness, no sunshine, as it were, and even the greatest talents lie in darkness and do not produce their fruit.

Amateurs, in looking at hands, often make the greatest mistakes in seeing what appears to be "a good Line of Fate," and in consequence rush off and predict great success and fortune, whereas, as I explained in the preceding chapter, a Fate Line unaccompanied by the Line of Sun may simply mean a fatalistic life full of sorrow and darkness.

The quality that the Line of Sun denotes is, what is generally called "luck"; with a well-marked Sun Line even a poor Line of Head promises more success, and it is the same with the Line of Fate.

People with the Sun Line appear to have more magnetism, more influence over others. They more easily secure recognition, reward, riches, and honours.

They also have a happier and brighter disposition, and this has naturally a great deal to do with what is called success.


When Sun line rises from the Mount of Luna it promises success and distinction. Largely dependent upon the fancies and the help of others.

With a sloppy line of Head, however, it is more inclined to denote success in poetry, literature and things of the purely imaginative order.

Sun Line rising from the line of Heart, it denotes a great taste for art and artistic things, and looking at it from the practical point of view it denotes more distinction and influence at late age in life.         

If the third finger be nearly equal in length to the second, the finger of Saturn, a very long line of Sun with such a formation makes the person inclined towards gamble with everything.

A star on the line of Sun indicates the person is exceptionally brilliant and the success will remain throughout the life.

A square on the line of Sun indicates preservation against the attacks of enemies.

An island on the line of Sun means lose of position and name for the length of time that the Islands lasts.