FBMKLCI
1819.37pts +2.22pts (+0.12%)
Volume 2.366b Value 2.008b
1) The KLCI rose today inline with the US market that
closed higher shrugging off weaker retail sales and jobs data. In the regional
market, bourses were also stronger after China recorded its biggest weekly
gains in 5 months even after data today showed China's inflation stayed subdued
in January; SHCOMP gained +0.83% while HSI +0.60% paired earlier gains but
still closed in positive territory. In the local market, Small Cap index +1.41%
outperformed the CI carried by names such as SCOMIES +3.57%, DSONIC +6.20%,
COASTAL +4.68%, JCY +4.13% as investors turn to riskier assets. Market breadth
was positive with gainers beating losers by 525 : 273. Futures closed at 1816.5
(3 pts discount).
2) Heavyweights: TENAGA +1.18% RM12.00, GENTING +0.99%
RM10.16, MAYBANK +0.30% RM9.79, IOICORP +0.70% RM4.31, IHH +0.80% RM3.76, FGV
+0.89% RM4.50, SKPETRO -1.33% RM4.45, MISC -1.69% RM6.39
3) DBT: SCOMIES 268.792mil @ RM0.765 (11.478% PUC @ 23.2%
discount), MEDAINC 4mil @ RM0.80, DSONIC 2.5mil @ RM2.40 (17.6% discount),
HOHUP 1.897mil @ RM1.12 (19.5% discount)
4) Situational:-
MYEG +2.08% RM2.95 - MY E.G. Services has won a contract
estimated at RM180m from the Royal Malaysian Customs Department. MyEG will
undertake the Customs Online Tax Reporting (Electronic Monitoring System - EMS)
project, which has a six-year lifespan, starting April 2014.
5) CUSCAPI
The company secured a five-year contract worth RM21
million from Malaysia Airports Holdings Bhd to provide and maintain the
point-of-sale (POS) system for the existing Kuala Lumpur International Airport
(KLIA) terminal and the new low-cost carrier terminal or klia2.
The scope of work under the agreement covers the
provision of hardware and software solutions including implementation and
yearly maintenance of the POS system, it said. The fully integrated POS
solution will be deployed for all retail units and F&B outlets in KLIA and
klia2. Cuscapi's integrated POS solution is currently supporting all the
retailers at the existing KLIA terminal for the past four years.
With the klia2 project under its wing, the company also
intends to extend similar services to potential or new airports in the Asian
region particularly those countries that have plans underway to expand or
upgrade their airports to cater for the huge increase in air traffic and
travellers.
+ve as this help expand Cuscapi client base from
traditionally fast food operators for their POS system.
6) Market - The current pattern to be maintain with KLCI
consolidating as investors seek out value in mid/small cap names.
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