FBMKLCI 1682.95
-2.94pts (-0.17%)
Volume 1,486mil Value RM1,701mil
1) KLCI fell inline with the regionals as investors took
profit ahead of upcoming key economic data in China on Friday. Markets were
also weaker on concern China government would establish a broader property tax to curb property prices.
Smaller O&G players outperformed led by ALAM+6.5%, PERDANA+4%, KNM+4%,
THHEAVY+3%. Market breadth was positive with advancers edging decliners
368:338. Future closed 1678.5 (4.5points discount)
2) Heavyweights: IOICORP-1.19% RM5.00, TM-1.39% RM5.66,
YTL-1.66% RM1.78, PBBANK-0.25% RM16.20, AXIATA-0.3% RM6.66, GENTING+1.05%
RM9.67, TENAGA+0.43% RM6.97, PPB+1.39% RM13.18
3) DBT: CSL 61.41mil @ RM0.90 (4.94% PUC, 18.5% premium),
PERDANA 36.535mil @ RM1.20 (7.4% PUC, 6.25% discount), Pelikan 5mil @ RM0.60
(13.7% discount)
4) Situational:
ALAM+6.43% RM0.91: Alam Maritim Resources Bhd's shares
were actively traded following the awarding of a RM576 million worth Petronas
Carigali contract to its wholly-owned unit, Alam Maritim (M) Sdn Bhd. The
contract for the provision of six units of marine vessels for five years with a
one-year extension option, was projected to yield a net profit of RM84.6
million based on a margin of 15 per cent.
5) SALCON
Salcon Berhad accepted the Letter of Acceptance from the
Sewerage Services Department, Ministry of Energy, Green Technology and Water of
Malaysia for a project known as "Package D55 - Construction of Sewage
Pipes Network at Lot 130, Klang Selangor Darul Ehsan . The scope of works
encompass all works associated with sewage rationalisation within the South
Klang sub-catchment located in Klang, Selangor.
The contract sum for the Project is RM110,000,000/- only
and the contract duration is 48 months commencing from 29 January 2013 to 28
January 2017.
6) Market - Two tier market emerging with profit taking
in traditional blue chips whilst trading interest continues to build in mid
caps, 2nd liners on thematic plays. Take profit on HLBank, PPB, Axiata, Maxis