FBMKLCI
1666.98pts
-19.53pts (-1.16%) Volume 2.168b Value RM 2.281b
-19.53pts (-1.16%) Volume 2.168b Value RM 2.281b
1.
The KLCI closed at its day low ignoring stronger US market overnight that
rallied after Fed signals possible rate hike in December. Regions were mostly
lower as the ASX fell -1.28%, STI -1.14%, HSI -0.60% , HSCEI -1.13% while the
SHCOMP +0.36% and NIKKEI +0.17% bucked the trend ahead of the BOJ meeting this
Friday. FINANCE -1.49% index lost the most grounds today as heavyweights
MAYBANK -1.88%, CIMB -3.09%, HLBANK -0.14%, PBBANK -0.55% were sold down.
Market breath was negative with losers outpacing gainers by 5:4. Market futures
closed at 1663pts (3pts discount). MYR weaker at RM4.3053
2)
Heavyweights : MAYBANK -1.88% RM8.31, CIMB -3.099% RM4.69, GENM -4.07% RM4.24,
IHH -2.19% RM6.25, SIME -1.395 RM8.48, MAXIS -1.80% RM6.53, PBBANK -0.55% RM
18.08, GENTING -1.73% RM7.35.
3)
DBT : BIOHLDG 28.055mil @ RM0.25 (6.05% PUC), PERWAJA 10mil @ RM0.095 (1.78%
PUC), PICORP 4.950mil @ RM0.20.
4)
Situational:-
TM -0.59% RM6.70 - Telekom Malaysia Bhd
(TM) will further strengthen its regional footprint in Southeast Asia through
its alliance with MekongNet, a leading Internet Service Provider (ISP) and
Internet Exchange Provider (IXP) in Cambodia. TM said that through this
partnership, MekongNet will be hosting and providing network infrastructure for
TM's multi-services node or Point-of-Presence (POP) in Cambodia.
5) SUNREIT
1Q SEP 2015
Tover +6.5%
RM121.2m
Net RM64.5m DPU -7% 2.12sen
7% below cons(f) RM277m
Net property income rose by 4.0% y-o-y
underpinned by commendable growth from the retail and hotel segments, but
partially offset by lower income contribution from the office segment . Enjoyed
new income contribution arising from completion of asset enhancement
initiatives and acquisitions, namely Sunway Putra Mall, Sunway Hotel Georgetown
and Wisma Sunway . Proposed DPU of 2.12 sen for 1Q FY2016, translated
into annualised DPU yield of 5.4% . Target full completion of refurbishment of
Sunway Putra Hotel in 2QFY2016 (4QCY2015). Hold
6)
Market – Easy monetary policy amongst most major economies will ensure equity
markets are supported by the strong liquidity flow however hawkish Fed stance
has now shifted focus back onto the weakening currencies which may result in
another round of foreign outflows from countries such as Msia.