FBMKLCI
1781.26pts
-0.92pts (-0.05%) Volume 1.913b Value 2.206b
1) The KLCI closed flat despite trading in the positive territory thruout the session after selected blues were hitdown at auction led by FGV, KLK, PPB. In the regional market, bourses were mix negative led by SHCOMP -1.59% as banking stocks fell on more margin trading probe on companies, HSI -0.36% and NIKKEI +0.39% closed flat before the weekend. In the local scene, TECHNOLOGY index +0.83% continue to outperform the rest of the market gaining the most grounds today boosted by INARI +4.36%, PENTA +16.47%, VITROX +1.44%. Market breadth was positive with gainers beating losers by 440 : 344. Futures closed at 1778 (3pts discount).
2) Heavyweights : SKPETRO -2.90% RM2.67, GENTING -1.23%
RM8.83, PPB -2.28% RM14.56, KLK -1.56% RM22.66, GENM +2.52% RM4.06, MAYBANK
+0.69% RM8.72, RHBCAP +3.94% RM8.16, MISC +1.70% RM7.75.
3) DBT: TGOFF 36mil @ RM0.35 (9.612% PUC @ 19% discount), EDUSPEC 20mil @ RM0.25 (2.61% PUC @ 16.6% discount), SNTORIA 5mil @ RM1.15 (1.10% PUC).
4) Situational:-
PASDEC +1.08% RM0.465 - Pasdec
Holdings Bhd’s wholly-owned unit Pasdec Putra Sdn Bhd has signed agreement with
Sejati Bumijaya Sdn Bhd, for the latter to develop Pasdec Putra’s freehold land
at Bandar Putra in Kuantan, Pahang, into residential and commercial properties.
The freehold land measures a total of 154.1 acres (62.4ha); and as audited at
Dec31, 2013, the net book value of the land acquired in 2003 is RM16.9m.
5)CARIMIN
Carimin received an umbrella contract for provision of spot
charter marine vessel services from Petronas Carigali Sdn Bhd.
The award, secured commences immediately and be effective for two
years until 2017. Carimin is required to
provide two types of vessel, namely the Anchor Handling Tug/Supply
vessel and workboat. The contract has an option for a further one-year
extension. The spot charter contract stipulates usage of the vessels by the
client on demand within the contract period.
Currently, the Group owns Carimin Airis, an AHTS, and co-owns SK
Deep Sea, a workboat, that are supporting the Group’s ongoing projects in HUC
and maintenance works.
The Group’s total work value as at end-November 2014 amounts to
RM911.8 million which will be recognized till 2018.
+ve amidst the negative sentiment over the industry.
6) Market – The KLSE will be closed for a long weekend and resume
trading on the 4th Feb. Concerns however will continue to focus on
the economy and the rapid depreciation of the RM/USD.
