FBMKLCI
1826.61pts -1.60pts (-0.09%)
Volume 1.915b Value 2.068b
1)The KLCI traded in a tight 5 pts band just below the
overnight level to close flat after the US markets were little changed just
before the release of the job reports tonight. In the regional market, bourses
were mixed as investors were cautious after official data showed Chinese export
growth slowed in December, SHCOMP -0.71% fell while HSI +0.26% rose; NIKKEI +0.20%
remained flat. In the local market, penny stocks tops the highest volume
boosted by buying in HUBLINE +8.33%, MINETEC +10.52%, IRIS 0.00% which also
caused the market breadth to be positive as gainers outpaced losers by 406 :
378. Futures closed at 1826 (parity).
2) Heavyweights: TENAGA -1.19% RM11.58, PETGAS -1.20%
RM23.00, MAYBANK -0.0% RM9.81, SKPETRO -0.85% RM4.63, GENM +2.10% RM4.36, TM
+1.84% RM5.53, PCHEM +0.74% RM6.75, GENTING +2.10% RM4.36.
3) DBT: 40mil @ RM0.295 (1.297% PUC), BIOOSMO 16mil @
RM0.15 ( 4.502% PUC @ 35% discount), CHINWEL 9.3mil @ RM1.3639 (3.41% @ 6%
discount).
4) Situational:-
KPS -3.09% RM1.88/PUNCAK-1.76% RM3.35 - The Selangor
government, via its investment arm, Kumpulan Darul Ehsan Bhd (KDEB), has
officially ceased all negotiations with water concession holders Puncak Niaga
Holdings Bhd (Puncak) and Kumpulan Perangsang Selangor Bhd (KPS) regarding the
takeover of their water assets.
5) RHBCAP : announce that its wholly-owned subsidiary,
RHB Bank had on 10 January 2014 submitted to the Securities Commission
Malaysia, the relevant notification and documentation in relation to the MTN
Programme. RHB Bank had earlier obtained approval from BNM on 30 August 2013 to
amend the principal terms and conditions to comply with the regulatory
requirements of Tier-2 capital instruments as set out in the Capital Adequacy
Framework (commonly referred to as "Basel III"). The Proposed
Revision will enable future issuances of subordinated notes to be in
compliance; Neutral on news, RAM Ratings had confirmed that the Proposed
Revision has no impact on the current ratings of AA2 (senior notes) and AA3
(subordinated notes) for the MTN Programme
6) Market: KLCI index component stocks are likely to
continue with their consolidation phase while lower liners see rotational
interest.