FBMKLCI 1637.34
+0.21pts (+0.01%)
Volume 1,139mil Value RM1,666mil
1) KLCI eased from its day's high of 1646.14 (+9.01pts)
as investors continued to take profit with sentiment rather cautious ahead of
GE13. Regional markets ended mix despite global economic data continued to show
strength with gains in business sentiments for South Korea and Australia.
Market breadth turned negative with decliners thumping gainers 473:253. Future
closed 1631.5 (6points discount)
2) Heavyweights: GENTING-0.83% RM9.52, IHH-2.73% RM3.21,
BAT-2.2% RM57.06, PBBANK-0.26% RM15.64, SIME+0.86% RM9.37, IOICORP+1.22%
RM4.99, PPB+2.42% RM12.70, CIMB+0.42% RM7.24
3) DBT: EDUSPEC 40.36mil @ RM0.08 (10.53% PUC), IRCB
30mil @ RM0.17 (5.07% PUC, 17% premium)
FABER+8.6% RM1.51: Share price surged after announcing
its wholly owned subsidiary, Faber Medi-Serve, received 3 awards for the
privatization of hospital support services for the northern region, Sabah and
Sarawak. The concession is for a period of 10 years. FMS will have full control
in northern region while holding 40% in Sabah and Sarawak.
5) MPI
1H Dec 2012 Tover
+3% RM613.7m Net RM (1.6m) EPS (0.85sen)
Cons(f)
RM23.38m
Higher revenue group was driven by US, +23% but offset by
Europe -10% and Asia flat. It managed to record a gain of RM3m for this period
and narrow losses at the net level to RM1.6m vs a loss of RM25.8m YOY. This is
attributable to the positive effect of cost control measures implemented.
Prospects remain challenging from the year with the overall weakness in the
semicon industry. Our top pick in the tech sector remains Globetronics who
recently announced a first interim div of 5sen, putting it on track to record a
div yield of 8.4% at the current price of RM1.77.
6) Market - Current range to remain, stocks at buy levels
include, Pharma, Benelac, WCT, IGB
