FBMKLCI
1821.91 -2.39pts (-0.13%)
Volume 1.197b Value 1.548b
1) The KLCI saw mixed trading today as it swung in a 8pts
trading range to close at -2.39pts below. The CI is inline with the US market
after it declined for a 3rd day just before the release of jobs and inflation
data this weekend. In the regional market, bourses were mixed as the SHCOMP
+1.31% rose to a 3 month high boosted by shippers while the NIKKEI -2.17%, HSI
-0.76%, STI -0.85% were all lower by day end. In the local market, PLANTATION
index was the biggest loser, chipping away 0.84%, weighed down by plantation
heavyweights such as FGV -2.17%, KLK -1.23%, GENP -2.90%. Market breadth was
negative with losers edging past gainers by 393 : 348. Futures closed 1815.5 (6
pts discount).
2) Heavyweights: MISC -4.50% RM5.30, SIME -1.14% RM9.50,
FGV -2.17% RM4.49, KLK -1.23% RM24.00, TENAGA +1.30% RM10.86, TM +2.51% RM5.30,
CIMB +0.65% RM7.67, MAYBANK +0.50% RM9.88.
3) DBT: KINSTEL 18.5mil @ RM0.16 (1.7635 PUC), PARKSON
13.5mil @ RM3.50 (1.234% PUC @ 6% premium), MATRIX 5.62mil @ RM3.1794 (1.868%
PUC)
4) Situational:-
ARMADA +0.50% RM3.95 - Bumi Armada has signed charter
contracts with Russia's Lukoil for the provision of six vessels for deployment
in the Caspian Sea. The contracts are valued at around US$262m (RM844m) for a
fixed period of 10 years. Furthermore, the contracts come with options for
extensions of up to 20 years, estimated to be worth US$483m (RM1.6bn).
5) CAELY :
announce that its wholly owned subsidiary, Caely (M) Sdn Bhd had entered into
two Construction Contracts with Koperasi Peserta-Perserta Felcra Malaysia
Berhad to continue with the following projects: i) to design, construct and
complete additional 770 units of houses in connection with Projek Perumahan
Kampung Tersusun, Perak for the contract sum of RM69,041,690, & ii) to
construct and complete the infrastructure of the Projek Perumahan Kampong
Tersusun, Perak for the contract sum of RM28,214,561. The Contracts are to be
completed within a period of 24 months from the date of the contract; +ve,
diversifying away from its traditional consumer products business and is
expected to contribute positively to group's future earnings.
6) Market: In the absence of leads, trading will continue
to be lethargic as funds wind down towards the end of the year. However, index
stocks and blue chips will continue to be supported ahead of some funds closing
in the next one to two weeks.
