FBMKLCI 1676.44
-4.65pts (-0.28%)
Volume 1,103mil Value RM1,567mil
1) KLCI ended close to its day's low as key heavyweights
saw persistent selling despite regionals being positive after China posted
higher GDP of 7.9% vs 7.8% and US saw positive housing and job numbers
overnight. Index were weighted down by SIME and financials led by CIMB, AMBANK
and HLBANK. Market breadth stayed negative with losers outpacing gainers
362:299. Future closed 1682.5 (6points premium)
2) Heavyweights: SIME-1.37% RM9.39, CIMB-0.39% RM7.58,
TM-1.06% RM5.60, PBBANK-0.25% RM16.14, AXIATA-0.3% RM6.64, MAYBANK-0.22%
RM9.00, AMBANK-0.76% RM6.54, ASTRO-2.03% RM2.90
3) DBT: CSL 38.587mil @ RM0.90 (3.1% PUC, 12.5% premium),
INARI 6.5mil @ RM0.33 (1.9% PUC, 22.3% discount)
4) Situational:
TRC+5% RM0.62: TRC has secured a RM169.9m road project
from Jabatan Kerja Raya Sarawak. The contract is part of the Sarawak Corridor
of Renewable Energy (SCORE) infrastructure development projects. The project is
an access road linking Sangan to Kapit through Nanga Merit coal mine, which
stretches 18.2km.
5) JETSON
Jetson accepted a Letter of Award from Clearwater Capital
Development Sdn Bhd, who had been awarded a contract of RM35,100,000.00, to
jointly perform, undertake and carry out the building works for the proposed
commercial development in Daerah Johor Bahru, Johor Darul Takzim for Changkat
Fajar Sdn Bhd.
6) Market - Current consolidation to continue, trim into
bounce on core blues that have out performed incl Genting, LMCement, Axiata,
TChong