FBM30 1671.89
+3.90points (+0.23%) Volume
1,440mil Value RM1,277mil
1) KLCI ended at all time high aided by gains in key
heavyweights led by PBBANK+2.66% and PPB+3% on signs China economy are
recovering. Index traded in tight 4 points range with market thinly traded
before late close up of PPB, Armada and GENM ensured market closed at day's
high. Market breadth was positive with advancers leading
decliners 391:3069. Futures closed 1674pts (2 points premium).
2) Heavyweights: PBBANK+2.66% RM15.42, PPB+3% RM13.78,
MAYBANK+0.33% RM9.03, ARMADA+2.7% RM3.80, TENAGA+0.29% RM6.95, AXIATA-1.21%
RM6.55, DIGI-1.09% RM5.42, CIMB-0.26% RM7.62
3) DBT: KIMLUN 80.3mil @ RM0.10 (33.4% PUC, 93%
discount), KINSTEL 47mil @ RM0.39 (4.5% PUC), PREMIER 15mil @ RM0.40 (4.5%
PUC), WILLOW 12.2mil @ RM0.32 (4.9% PUC)
4) Situationals:
NAIM+3.11% RM1.99: NAIM has bagged a RM204mil contract
for the Sungai Buloh-Kajang Line of the Klang Valley Mass Rapid Transit
project. In an announcement, it said the job was awarded by Gadang Engineering
(M) Sdn Bhd to execute and complete package S2: construction and completion of
elevated stations and other associated works at Taman Industri Sungai Buloh,
PJU 5 and Dataran Sunway.
5) PENERGY
PENERGY wishes to inform that Petra Resources Sdn. Bhd, a
wholly-owned subsidiary of PENERGY, has been awarded the contract for the
Provision of Offshore Services Contract for Gumusut-Kakap Development by Sabah
Shell Petroleum Company Ltd.
The contract is effective from 18 October 2012 being the
date of the letter of award, and the mobilisation period / commencement of work
shall be deemed as starting on the same date. No value however was revealed.
We remain positive in the O&G sector with PENERGY
poised to benefit from sizeable contracts from HUC and topside maintenance
work. Its new parent company Waseong should see synergistic benefits.
6) Market - The KLSE will be closed for Hari Raya Haji on
the 26th Oct and resume trading on the Monday the 29th.