FBMKLCI
1775.14pts +1.60pts (+0.09%)
Volume 1.098b Value RM1.566b
1)The KLCI opened weaker reaching a low of 1767.50
(-6.04pts) following a negative US market before recovering to close marginally
higher in a thinly traded market. Regional market generally saw tepid sentiment
after official China PMI came in at 50.1 in June from 50.8 previously.
China+0.81% recovered as money market rates continued to fall while investors
picked up oversold stocks. CONSUMER index+1.13% outperformed led by BAT
+3.19%,NESTLE +2.06%, UMW +1.06%. Market breadth was mixed with losers edging
gainers by 386 : 352. Futures closed 1776 (1pts premium)
2) Heavyweights : SKPETRO -2.20% RM4.00, DIGI -1.05%
RM4.71, MAYBANK -0.39% RM10.36, GENTING -0.58% RM10.38, GENM +2.83% RM4.00, BAT
+3.18% RM61.50, HLBANK +2.88% RM14.30, PETGAD +2.37% RM25.90.
3) DBT : TROP 5.2mil @ RM1.8288, CSL 5.052mil @ RM0.30
(7.1% premium), LUSTER 4.903mil @ RM0.1368 (24% premium).
4) Situational:-
GENM RM4.00 +2.828% - Genting Malaysia has launched its
latest addition to the Resorts World brand, namely the Resorts World Bimini in
the Bahamas. The brand new Bimini SuperFast, a 32,000-ton cruise ship that will
sail the round-trip between Miami and Bimini twice daily. GENM said the project
was a partnership between the group and RAV Bahamas Limited, the developer of
the resort. It said the launch of the boutique resort and casino in the Bahamas
was part of the Group’s growth strategy in the Americas. Resorts World Bimini
is located less than 50 nautical miles or two hours away from the city of
Miami.
5) BHIC
The Company wishes to inform that its subsidiary company,
BHIC AeroServices Sdn. Bhd. ("BHICAS") has received a Letter dated 26
June 2013 from the Chief Secretary to the Government of Malaysia awarding
BHICAS a contract for the Integrated Maintenance and Logistic Support Services
for three units of the Malaysian Maritime Enforcement Agency Dauphin AS365N3
Helicopters at a ceiling contract value of RM65,471,000.00 for a period of 3
years from the date of BHICAS' acceptance of the award. A formal contract
between the Government of Malaysia and BHICAS will be signed at a later date.
Mobilisation of the RM9bn littoral combat ship (LCS)
contract held under Boustead Naval Shipyard remains the key for a re-rating.
HOLD
6) Market: Cautious and lacklustre trading as markets
await a slew of key economic data globally and whether good news will be
perceived as good news and positive for equities or otherwise.
