Monday, December 8, 2014

Market Roundup | 4 December 2014

FBMKLCI   1746.69   12.46pts   (-0.71%)     Volume  1.867b   Value 2.224b
 
1) The KLCI saw a volatile session swinging from a 10pt high to a 14pt low before closing 12 pts below parity. The CI was weaker despite the stronger performance by the U.S overnight amid encouraging economic data. In the regional market, the HSI +1.72% rose in tandem with its peer, the SHCOMP +4.31%, boosted by the financial sector once again; the NIKKEI +0.94% also gained after the Yen fell to 120 against the greenback. In the local scene, selective O&G stocks outperformed today namely , DIALOG +3.05%,PERISAI +5.94%, PERDANA +0.96%, SKPETRO +2.04%. Market breadth was negative today as losers led gainers by 286: 519. Futures closed at  1742 (4.5pts discount)
 
2) Heavyweights : TENAGA -4.93% RM13.10, AXIATA -2.16% RM6.79, DIGI -2.60% RM5.99, PBBANK -0.98% RM18.02, CIMB -1.07% RM5.51, MAYBANK -0.67% RM8.89, SIME +1.36% RM9.64, PETDAG +7.09% RM16.00.
 
3) DBT : TOPGLOV 10.23mil @ RM4.76 (1.64% PUC), INSTACO 10mil @ RM0.16 (1.42% PUC), AIRPORT 8.153mil @ RM6.83
 
4) Situational:-
CENSOF -2.35% RM0.415  - Censof Holdings Bhd says its unit Knowledgecom Corp Sdn Bhd has secured the Upskilling ICT Sector contract worth RM2.8m from Talent Corp Malaysia Bhd. The contract will start from the date of the definitive agreement and will continue to be in force until six-month training of the final batch participants is completed. The definitive agreement is to be signed by both parties within 30 days from November 24.
 
5) Market: despite heavy selling of core blues from foreign selling leading to the breakdown of the KLCI index from its October low of 1766, Bursa showed surprised resilience from local main funds support and stability/rebound in the oil & gas stocks.