FBM30 1623.70
-1.89 points (-0.12%) Volume
1,075mil Value 1,911mil
1) KLCI ended on a weaker note paring early morning gains
from high of 1633.65 (+8.06pts) as investors remained cautious in a
lightly traded market ahead of upcoming Budget next week. Plantation-0.54% fell
as CPO futures price fell to RM2780/MT. Market breadth was negative with
decliners edging gainers 350:337. Futures closed 1617.5pts (6.2 points
discount).
2) Heavyweights: AXIATA-1.13% RM6.12, YTL-3.33% RM1.74,
GENTING-1.14% RM8.70, BAT-1.61% RM61.20, CIMB-0.27% RM7.53, PCHEM+1.24% RM6.54, TENAGA+0.6% RM6.76, UMW+1.81% RM10.14
3) DBT: KENANGA 25mil @ RM0.85 (4% PUC, 26.8% Premium),
SUNWAY 16mil @ RM2.27, INNITY 15.9mil @ RM0.53 (11.5% PUC)
4) Situationals:
IGBREIT+11.2% RM1.39: IGBREIT owner of Mid Valley
Megamall and The Gardens Mall made an impressive debut on the main board
today. Share price gained 11% with 240mil shares traded. Its IPO was priced at
RM1.25
5) MAA
Its associate company, Columbus Capital Pty Ltd entered
into a conditional sale and purchase agreement with Australia and New Zealand
Banking Group Limited to acquire ANZ's wholesale mortgage distribution
business, Origin Mortgage Management Services. Origin manages a portfolio of approximately
AUD 2.2 billion in residential mortgages. The acquisition of Origin will be
partially managed by the issuance of 1.25 million pref shares at A$1.00 in
Columbus to Consortia.
6) Market - Investors will continue to shy away from
making any significant bets ahead of Budget 2013 next Friday and expected
elections. Current range maintained
