FBMKLCI
1613.17pts -22.20pts
(-1.36%) Volume 1.776b Value RM 2.123b
1) The KLCI fell for a 4th consecutive day following the
marginally weaker U.S & European market overnight weighed by declines in
oil prices and global growth. Region bourses were mostly lower led by SHCOMP
-2.19% after China's preliminary manufacturing gauge fell to a 6 year low, HSI
-2.26%, HSCEI -2.70%, ASX -2.07%, STI -0.55%. CONSTRUCTION -2.44% index led in
losses weighed by GAMUDA -4.94%, IJM -2.67%, WCT -1.46%, KEURO -1.80% as
investors seize the opportunity to lock in profits from the recent rally.
Market breadth was negative as losers outpaced gainers by 483 : 315. Market
futures closed at 1606.5pts (7pts discount).
2) Heavyweights : PBBANK -2.42% RM17.68, AXIATA -2.64%
RM5.90, MAYBANK -1.29% RM8.41, GENTING -3.32% RM7.26, TENAGA -1.14% RM12.04,
DIGI -1.96% RM5.48, PCHEM -1.63% RM6.02, SKPETRO -3.51% RM1.92.
3) DBT: BJLAND
98.727mil @ RM0.685 (1.9% PUC), KINSTEL 4mil @ RM0.13, YINSON 3.5mil @ RM
2.7986.
4) Situational:-
KGB+0.00% RM0.35 - Integrated engineering solutions
provider, Kelington Group Bhd, has secured a contract worth SGD21.0m (RM65.0m)
from M+W Singapore Pte Ltd for the supply and installation of an exhaust
distribution system. Kelington said the contract came a month after it was awarded
a SGD14.0m contract (RM43.0m) from M+W Singapore for the supply and
installation of a bulk gas and clean dry air distribution system.
5) HTPADU : announced that the Company had on 23
September 2015 accepted a Letter of Award for the Appointment of HeiTech Padu
Berhad by Kementerian Dalam Negeri (Ministry of Home Affairs) for The
Maintenance of Equipment And Software Computer System For The Jabatan Imigresen
Malaysia (Malaysian Immigration Department). The contract value of the project
is RM38.35m (Inclusive of 6% GST) and is for a period of 3 years commencing
from 16 September 2015 to 15 September 2018. Any further renewal or extension
of the duration is at the discretion of the Government; +ve, as contract is
expected to contribute positively to the future earnings of HeiTech Group.
6) Market : Sentiment is expected to remain cautious,
clouded by concerns of sluggish crude oil prices, prolonged 1MDB saga as well
as the continued weakness of the MYR. Technically, the key index is likely to
continue on its consolidation mode, with a downward bias. Likely trading range
of 1600 -1656 points.
