1) KLCI had another lacklustre trading day despite seeing
regionals led by HK+2.3% and SHCOMP+2.1% rebounding on hopes China's government
may widen yuan's trading band. Index failed to hold its morning gains touching
a low of 1702.60 (-3.66pts) before recovering to edge positive at close on
buying interest in CIMB, Maybank and Genting. Market breadth was negative with
decliners leading gainers 398:269. Futures closed 1705pts (1.2pts discount).
2) Heavyweights: IOICORP-1.77% RM5.00, TENAGA-0.63%
RM7.90, GENM-1.08% RM3.66, ASTRO-1.37% RM2.87, CIMB+0.91% RM7.77, GENTING+1.19%
RM10.20, MAYBANK+0.52% RM9.70, HLFG+2% RM15.34
3) DBT: GRANFLO 20.74mil @ RM0.22 (6.49% PUC), COMPUGT
13.53mil @ RM0.078
4) Situationals:
EFFICEN-3.85% RM0.125: The memorandum of understanding
(MoU) for a proposed collaboration between EFFICIENT E-SOLUTIONS BHD and
Singapore Post Ltd (SingPost) for data and document management services in
Indonesia was mutually terminated yesterday. In an announcement to Bursa
Malaysia, Efficient E-Solutions said both parties were unable to identify any
business opportunities or conclude any potential investors or business partners
in Indonesia.
5)Uzma Bhd: The Board of Directors of Uzma Berhad
announce that Uzma, through its subsidiary company Malaysian Energy Chemical
& Services Sdn. Bhd, received on 18 April 2013 a Letter of Award from
ExxonMobil Exploration and Production Malaysia Inc for the provision of oilfield
chemicals and associated services. The
Contract period is for 5 years (primary term) from 1 April 2013 to 31 March
2018 with an extension option of 2 years. The value for the primary term is
estimated at RM238 million. The award of the Contract will have no effect on
the issued and paid-up capital of the Company and is expected to contribute
positively to the Uzma group's earnings and enhance net assets per share for
the financial year ending 31 December 2013; +ve. We are optimistic that UZMA
will be able to deliver a sterling FY13 full-year results based on the higher
units of UzmaPres delivered and the growth in its wireline and well-testing
divisions. We understand that the eighth unit of UzmAPRES has already been
deployed.
6) Market: trading will likely continued to be 2-tiered
with the index stocks supported while profit-taking persists on recent market
volume leaders and lower liners. Market players will also be tracking tomorrow
nomination day closely for leads to next week trading.
