FBMKLCI
1724.13 -2.60pts (-0.15%) Volume 1.522b Value RM1.551b
1) The KLCI broke its 6 day winning streak to close 2pts
below dragged by heavyweights TENAGA -0.64%, MISC -1.74%, ASTRO -2.96% as the
US mkt closed mixed over the weekend as investors eyed U.S economic data for
the hints of the next rate hike. Region was also mixed with the SHCOMP +0.88%
leading in gains, followed by ASX +0.30%, STI +0.61% while HSCEI -0.64% and HSI
-0.04% closed lower. TECHNOLOGY +1.26% index continue to trend surge boosted by
JCY +7.97%, GTRONIC +1.29%, UNISEM +0.83% as global tech names continue to draw
interests. Market breadth was positive with gainers beating losers by 452 :
319. Futures closed at 1721.5pts (3pts discount).
2) Heavyweights : TENAGA -0.64% RM12.28, MISC -1.74%
RM7.90, ASTRO -2.96% RM2.95, GENTING -0.72% RM8.24, BAT -1.35% RM65.70, DIGI
-0.55% RM5.38, IOICORP -0.69% RM4.28, PBBANK +0.21% RM19.02.
3) DBT: GBGAQRS 6mil @ RM1.06 (1.53% PUC), JAKS 4mil @
RM0.90, MEDIAC 3.621mil @ RM0.45
4) Situational:-
MMSV +2.64%
RM0.775 - MMS Ventures Bhd expects vision inspection equipment and LED testers
for the automotive sector to drive its 2015 net profit. The group had delivered
30 units of high-margin equipment and testers in the first half of 2015, which
is 10.0% more than the orders for the same period a year ago. About 50.0% of
the products were for the automotive sector, and the remainder for the consumer
electronic and smart device segment. These are customised vision inspection and
LED test equipment with a market value of about RM19.0m, which will improve the
net profit.
COCOLND -15.41% RM2.03 - Hong Kong-listed First Pacific
Co Ltd has aborted a plan to take over, Msian Cocoaland Holdings Bhd. The move
comes more than six weeks after First Pacific, an investment firm with holdings
in telecommunications, consumer food products and resource companies, proposed
to buy Cocoaland for RM463.32 million, or RM2.70 per share. First Pacific had
withdrawn its proposal due to a difference in the strategic fit offered by
Cocoaland from what First Pacific had envisaged.
5) SUNSURIA
At the close of acceptance, excess applications and
payment for the Rights Issue With Warrants at 5.00 p.m. on 10 July 2015, the
total valid acceptances and excess applications received were 541,858,468
Shares together with 180,619,489 Warrants representing a subscription rate of
114.05%, of which the total valid acceptances received were 459,471,538 Rights
Shares together with 153,157,179 Warrants,
The Rights Shares and Warrants are expected to be listed
and quoted on the Main Market of Bursa Malaysia Securities Berhad on 27 July
2015.
6) Market - Trading vol this week is expected to remain
moderate with many participants still away for the festive period. Upside on
the KLCI however could be capped by continued selling in TNB ahead of further
details on their acq of Edra power assets.
