FBMKLCI
1713.25pts +2.11pts
(+0.12%) Volume 2.401b Value RM 2.535b
1) The KLCI traded in positive territory thruout most of
the sessions despite the weaker US market overnight ahead of more jobs data
tonight. Region was firmer today led by SHCOMP +2.32% on more stimulus hopes
before the communist party meet later this month, HSI rose +2.00%, HSCEI
+2.11%, NIKKEI +1.15%, STI +1.05%, ASX +0.63%. Broad market saw traces of
profit taking as CONSTRUCTION -1.14% index lost the most grounds weighed by GAMUDA
-2.92%, IJM -1.49%, KEURO -3.93% while the TECHNOLOGY +0.52% index gained the
most grounds boosted by INARI +2.09%, JCY +0.71%, GHLSYS +0.86%, DSONIC +6.99%.
Market breadth was positive as gainers beat losers by 476 : 376. Market futures
closed at 1709 (4pts discount).
2) Heavyweights : AXIATA+ 1.09% RM6.45, CIMB +1.01%
RM5.00, IHH +1.26% RM6.42, PBBANK +0.21% RM18.58, GENM +0.90% RM4.44, SIME
-1.26% RM8.57, IOICORP -0.91% RM4.32, GENTING -0.66% RM7.46.
3) DBT : MCT 317.593mil @ RM1.1927 (23.794% @ 3.7%
premium), CAMRES 9.472mil @ RM0.20 (4.88% PUC @ 35.9% discount), AWC 6.772mil @
RM0.38 (2.61% PUC), UZMA 3.5mil @ RM2.27
4) Situational:-
BHIC +1.24% RM2.45 - Boustead Heavy Industries Corp Bhd
announced that its subsidiary Boustead DCNS Naval Corp Sdn Bhd (BDNC) has
received an additional letter of acceptance (LOA) for the extension of its
submarine in-service support (ISS) contract, with a revised and final
negotiation price. The company said the LOA is in relation to BDNC providing
ISS for two units of Prime Minister's class submarines for the Royal Malaysian
Navy for 193 million euros (RM532mil) as announced in September 2014.
5) UZMA
Uzma announced that it has acquired a 30.04% stake in
Rockwash Prep and Store Limited, a company based in the United Kingdom. RockWashTM was established in 2010 and its
core business is providing advance cuttings-sample preparation and
documentation services to the oil & gas industry. This partnership with
RockWash(tm) will further enhance and complement UZMA's service offerings in
the Oil & Gas. RockWash(tm) has developed an innovative method and
apparatus (patent pending) for washing and documenting cuttings rock samples
from oil & gas wells. This automated and rapid process gives RockWash(tm)
clients the opportunity to capture key lithological, stratigraphic and
holecondition data during the necessary sample cleaning process. This tie-up
with RockWash(tm) will add another facet to uzmALABTM's laboratory testing and
analysis of reservoir rocks service offerings. UZMA presently operates the
largest independent laboratory in Malaysia for various subsurface studies such
as Routine Core Analysis, Stratigraphy, Geochemistry, and Special Core Analysis
amongst others.
6) Market - Consolidation phase to continue with the CI trading
btw 1700-1730pts levels
