Th eEdgeProperty.com

Transcription

FBM KLCI 1653.87
9.33
KLCI FUTURES 1656.00
13.00
STI 2876.14
29.10
RM/USD 3.9930
CPO RM2239.00
2.00
OIL US$46.27
0.49
GOLD US$1358.30
0.10
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)
TUESDAY JULY 12, 2016 ISSUE 2204/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
www.theedgemarkets.com
AirAsia eyes HK listing as it
expands in North Asia
5 HOME BUSINESS
3 HOME BUSINESS
GHL Systems
partners Philippine
bank to off
ffer
e-payment services
to merchants
5 HOME BUSINESS
DiGi’s 2Q earnings
down 9.4%, pays 5.4
sen dividend
6 HOME BUSINESS
Foreign selling on
Bursa halts after
10 weeks — MIDF
Research
PETRONAS ENDS
BERANTAI CONTRACT
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Mah Sing draws
7,500 registrants
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NEW
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Cessation positive
to SapuraKencana’s
balance sheet as it
roceeds
could use p
proceeds
tto
o pare
pare down
down debt.
Chong Jin Hun &
Gho Chee Yuan have
the story on Page 3.
12 H O M E
Tighten security
to curb information
leaks, says Salleh
13 H O M E
Say ‘no’ to political
funding, TI-M tells
Petronas
See you in court, 1MDB tells
IPIC, Aabar over US$6.5b claim
4 HOME BUSINESS
FBM KLCI 1653.87
9.33
13.00
STI 2876.14
29.10
RM/USD 3.9930
CPO RM2239.00
2.00
OIL US$46.27
0.49
GOLD US$1358.30
0.10
PP 9974/08/2013 (032820)
TUESDAY JULY 12, 2016 ISSUE 2204/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
5 HOME BUSINESS
3 HOME BUSINESS
GHL Systems
partners Philippine
bank to offer
e-payment services
to merchants
5 HOME BUSINESS
DiGi’s 2Q earnings
down 9.4%, pays 5.4
sen dividend
6 HOME BUSINESS
Foreign selling on
Bursa halts after
10 weeks — MIDF
Research
8 P R O P E RT Y
Mah Sing draws
7,500 registrants
PETRONAS ENDS
BERANTAI CONTRACT
with Petrofac,
SapuraKencana
Cessation positive
to SapuraKencana’s
balance sheet as it
could use proceeds
to pare down debt.
Chong Jin Hun &
Gho Chee Yuan have
the story on Page 3.
12 H O M E
Tighten security
to curb information
leaks, says Salleh
13 H O M E
Say ‘no’ to political
funding, TI-M tells
Petronas
See you in court, 1MDB tells
IPIC, Aabar over US$6.5b claim
4 HOME BUSINESS
T U ESDAY JU LY 1 2 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
2
For breaking news updates go to
ON EDGE T V
Court strikes out ex-MIC leaders’ conspiracy suit
MAHB sees
clearer skies
ahead
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KUALA LUMPUR: The High Court
here allowed an application by
MIC president Datuk Seri Dr S
Subramaniam and seven others
to strike out a suit related to an
alleged conspiracy to topple former president Datuk G Palanivel
last year.
Judge Datuk Yeoh Wee Siam
made the decision in chambers
yesterday after hearing submissions from all the eight plaintiffs
and eight defendants.
Senior federal counsel Datuk
Amarjeet Singh who represented
two of the defendants — Registrar
of Societies Malaysia (RoS) director-general Datuk Mohamad Razin
Abdullah and RoS officer Akmal
Yahya — when met said the court
had dismissed the suit on grounds
that all the plaintiffs had no locus
standi to file the suit.
He said the court also ordered
all the plaintiffs to pay cost of
RM15,000 to all the defendants.
On Feb 5, former MIC secretary-general AK Ramalingam and
seven others filed the suit against
Subramaniam and seven others
over an alleged conspiracy to topple Palanivel last year.
The other plaintiffs were V Ganesh, Datuk Henry Benedict Asirvatham, M Sathiyamurthu, George
Alexander Fernandez, R M Prabu,
R Sithambaran Pillay and V Rajoo.
They named Subramaniam, Datuk S Vigneswaran, Datuk Jaspal
Singh, T Mohan, A Sakthivel, lawyer
V Vasanthi, Mohamad Razin and
Akmal as defendants. — Bernama
May on brink of
becoming UK PM
Set to be confirmed as UK’s Conservative leader
LONDON: Theresa May (pic) is the
only remaining candidate to be the
new leader of Britain’s ruling Conservative Party and a formal process
will now take place to confirm her
in the role, the chairman of a party
committee running the leadership
contest said yesterday.
Graham Brady made the
statement minutes after Andrea
Leadsom, who had been running
against May, announced she was
pulling out.
Once confirmed as Conservative leader, May will automatically
become the new prime minister,
replacing outgoing leader David
Cameron.
Prime Minister David Cameron
said he would resign tomorrow,
paving the way for May to take over
the job the same day.
Cameron said he expected to
chair his last cabinet meeting today
and then take questions in parliament for around 30 minutes from
1100 GMT tomorrow.
“After that I expect to go to
(Buckingham Palace) and offer
my resignation,” he told reporters
outside his office in Downing Street.
“So we will have a new prime
minister in that building behind
me by Wednesday evening.”
May, pledged yesterday to put
government at the service of “ordinary working people”, laying claim
to the centre ground in an effort
to heal rifts exposed by a referendum vote to leave the European
Union (EU).
May, 59, who could be appointed
prime minister after her rival Andrea Leadsom quit the Conservative party leadership race, moved
quickly to ease concerns that she
would not deliver on Brexit after
she campaigned to stay in the EU.
After six years in charge of the
police and internal security services, May also sought to soften
her image by saying she would try
to tackle the fears revealed by the
referendum campaign and try to
give people “more opportunity”.
She delivered the speech promising to narrow the pay gap between
bosses and workers and produce
a fairer economy just hours before
Leadsom announced she was quitting the race because of what she
described as a lack of sufficient
support. — Reuters
Boeing sees US$5.9 trillion airplane market
BY JULIE JO HNS S O N
CHICAGO: Airlines will order new
planes valued at US$5.9 trillion
(RM23.54 trillion) over the next
two decades to keep pace with
rising air travel as more people
take to the skies in emerging nations such as China, according to
a Boeing Co forecast.
Looking past recent economic
turmoil from Brexit to a commodities crash that has spooked aerospace investors, Boeing boosted
its long-term forecast 4.1% from a
year earlier, predicting total sales
of 39,620 jetliners across the industry.
“The aviation sector will continue to see long-term growth with
the commercial fleet doubling in
size,” despite the recent events af-
fecting financial markets, Randy
Tinseth, vice president of marketing for Boeing’s commercial
airplanes division, said in a statement. The plane-maker expects
passenger traffic to grow 4.8% a
year, close to the sector’s historic
5% average.
About US$3 trillion of the projected orders will come from single-aisle aircraft such as Boeing’s
737-800 and Airbus Group SE’s
A320, according to Boeing’s commercial market outlook. About
28,140 new airplanes will be needed in that segment, with low-cost
carriers and emerging markets
continuing to drive growth.
The US plane-maker said it
also expects to see a wave of widebody orders in the next decade
as airlines replace the twin-aisle
jets that ferry travellers across
the Pacific and on other longrange routes. The company sees
demand shifting from the largest
long-haul jets, such as its 747 jetliner, to smaller aircraft.
Boeing expects sales to be concentrated in the 200- to 300-seat
segment of the market, where the
company sees demand for 5,100
wide-body jets. The plane-maker
is studying a new family of aircraft
targeting much of this segment,
which it has dubbed the middle
of the market.
The manufacturer lowered a
forecast of medium wide-body
orders by 1.4% to 3,470 from a year
earlier, and trimmed anticipated
sales of very large aircraft such as
the Airbus A380 super-jumbo by
1.9% to 530 sales. — Bloomberg
IN BRIEF
Google to train 2 million
Indian developers on
Android platform
MUMBAI: Google launched
a programme to train 2 million developers in India for
its Android platform as its
fires up a race with Apple Inc
for the country’s developers
to create innovative mobile
apps. The Android Skilling programme will be introduced
for free across hundreds of
public and private universities
and training schools through
a specially designed, in-person programme this year.
The programme would also
be available through the government’s National Skills Development Corp of India, the
company said in a statement.
— Bloomberg
Bill on law on contempt
tabled in Singapore
parliament
SINGAPORE: A new Bill that
seeks to put the current law on
contempt in statutory form has
been introduced in parliament
in Singapore. The Business
Times report said the existing
law on contempt is contained
in judgements in various cases, also known as case law. The
new Administration of Justice
(Protection) Bill will set out
the law on contempt of court
in statutory form, to provide
greater clarity and certainty, the
ministry of law said yesterday.
The move to codify the existing
law on contempt also comes as
it is the only criminal offence
not written in the statute today.
Engie opens first Asian
research lab in Singapore
SINGAPORE: French energy giant Engie yesterday opened its
first Asian research centre focusing on green energy in Singapore, as the group, formerly known as GDF Suez, shifts
towards renewable energy in
a three-year strategy. The Business Times report said Engie
Lab Singapore will focus on
three areas it identified as key
challenges for the Southeast
Asian region: decentralised
energy systems, including micro-grids, industrial energy efficiency and gas technologies.
This is especially as Southeast
Asia comprises many small
islands which use diesel for
power generation.
S&P 500 surges to
all-time high
NEW YORK: The S&P 500 shot
to an all-time intraday record
in early trade yesterday, as Wall
Street shrugged off worries over
slow global growth and volatile markets. About 20 minutes
into trade, the S&P 500 was at
2,138.79, about four points above
the record set more than one year
ago. The Dow Jones Industrial
Average rose 0.5% to 18,244.43,
while the tech-rich Nasdaq Composite Index climbed 0.7% to
4,991.57. The gains in the US extended last Friday’s momentum,
when a much better-than-expected June jobs report lifted
US stocks by about 1.5%. — AFP
TU E SDAY J U LY 1 2, 20 16 • T HEED G E FINA NCIA L DA ILY
HOME BUSINESS 3
Petronas ends Berantai
contract with Petrofac
Cessation also positive to SapuraKencana as it could use proceeds to pare down debt
BY C H ON G JI N HU N
& G HO C H EE Y UA N
KUALA LUMPUR: National oil company Petroliam Nasional Bhd (Petronas) is taking back control to develop
the Berantai gas field, which is located
off Terengganu, from UK oil services
provider Petrofac Energy Developments Sdn Bhd and SapuraKencana
Petroleum Bhd after five years.
In a statement yesterday, Petronas
said the cessation of the risk service
contract (RSC) contract will allow it
to minimise the project’s long-term
value erosion and optimise the development and production activities
in Malaysia, in line with its efforts to
reduce costs and increase the efficiency of its operations.
Petronas had earlier announced
that it aimed to cut up to RM50 billion
in operating and capital expenditure
over the next four years in the face
of sliding global oil prices. Oil has
slipped from about US$50 (RM199.5)
a barrel to below US$45 in the last
month. Brent crude, the international
oil benchmark, traded at US$46.26
yesterday.
In separate filings with the exchanges yesterday, London-listed
Petrofac Ltd and Bursa Malaysia-listed SapuraKencana said a mutual
agreement among the three parties
was reached to terminate the Berantai RSC.
“With the cessation of the RSC,
which will be effective on Sept 30, Petronas will reimburse all outstanding
capital and operational expenditures
to the contractors by June 2017. As part
of the arrangement, the ownership of
Berantai floating production, storage
and offloading (FPSO) vessel will be
transferred to Petronas,” they added.
“We continue to support Petronas
in its efforts to reduce costs and optimise its operations with a view to
SapuraKencana Petroleum Bhd
RM
2.5
Vol (mil)
120
100
2.0
80
60
40
Shahril: We continue to support Petronas
in its efforts to reduce costs and optimise
its operations with a view to preserving
the long-term value of the project.
The Edge file photo
preserving the long-term value of the
project. Together with our partner, we
have managed to operate the facilities over the past four years safely,”
said SapuraKencana president and
group chief executive officer Tan Sri
Shahril Shamsuddin in a separate
statement yesterday.
Meanwhile, Petrofac said it will use
the cash proceeds for general corporate purposes. The company added
that as a result of the cessation of the
RSC and the FPSO transaction, it will
incur a small impairment charge.
On Jan 31, 2011, Petronas had
awarded the RSC for its Berantai
field to Petrofac to lead the development and production of petroleum from the Berantai field. It was the
first RSC awarded by Petronas and
had marked the start of development
for the country’s marginal oil and gas
(O&G) fields. Petronas remains the
project owner, while Petrofac has
a 50% stake in the RSC, alongside
local partners — SapuraKencana’s
wholly-owned subsidiaries Kencana
Energy Sdn Bhd and Sapura Energy
Ventures Sdn Bhd — both of which
hold a 25% equity interest.
The Berantai partners were to de-
RM1.40
1.5
20
1.0
0
July 11, 2015
July 11, 2016
velop the field and subsequently operate the field for a period of seven
years after first gas production. When
fully operational, the field was expected to produce about 150 million
standard cu ft of gas per day (mmscfd)
and 10,000 barrels of oil.
In November 2012, Petronas announced that natural gas production from the Berantai field was successfully brought on stream on Oct
20, 2012. The gas is processed at the
Berantai FPSO and exported to the
existing onshore terminal at Kerteh.
The full field development, excluding
delivery of the FPSO, was anticipated
to require capital investment of approximately US$800 million, of which
Petrofac’s share was 50%.
SapuraKencana shares closed up
one sen or 0.72% at RM1.40 yesterday
as the market was largely neutral on
the news. Its market capitalisation
stood at RM8.33 billion. The stock
has slid steadily for more than a year
in response to the slump in oil prices, and reached an all-time low of
RM1.32 on June 27.
JF Apex Research oil and gas analyst Lee Cherng Wee said SapuraKencana will be able to recover its invest-
ment and reduce overall operating
costs following the disbursement
from Petronas.
“This could also boost cash flow
and gearing when the money comes
in June next year,” he told The Edge
Financial Daily in an email reply.
As at April 30, 2016, SapuraKencana’s total borrowings stood at
RM17.34 billion versus its cash and
cash equivalents of RM2.34 billion.
Its net-debt-to-equity ratio stood at
1.3 times for the financial year ended
Jan 31, 2016 (FY16).
An analyst who declined to be
named said the cessation is positive
to SapuraKencana’s balance sheet
as the company could use the cash
proceeds to pare down its debt.
“Under the current operating environment, cash conservation is very
important for any company so that
they can look out for new opportunities,” said the analyst, estimating that
SapuraKencana may need another
four years to recoup its investment
in the Berantai field should the contract continue.
Another analyst believed that the
termination could be due to the low
oil price environment. “Brownfield
projects come at a higher production
cost. At the current oil price of US$45
to US$50 per barrel, it is either the
company did not make money or
made razor thin profits from the oil
being produced.”
A third analyst said his FY17 earnings forecast for SapuraKencana has
factored in the termination of the Berantai field as the management had
indicated it during a recent results
briefing. SapuraKencana slipped to
a net loss of RM791.56 million for
FY16 from RM1.43 billion in FY15,
due to impairment provisions on
O&G assets totalling RM1.14 billion
and deposit on acquisition written
off worth RM172.5 million.
Press Metal plans share split, bonus issue
BY MEENA L A KSHA NA
KUALA LUMPUR: Press Metal Bhd
has proposed a share split and bonus issue as part of an internal reorganisation that will see a new entity
assume its listed status.
The country’s largest integrated
aluminium producer said the share
split involves the subdivision of its
50 sen shares into two shares of 25
sen each. This will be followed by a
bonus issue of up to 1.154 million
new subdivided shares to be offered
on the basis of two bonus shares
for every five subdivided shares.
The exercise will see the company’s enlarged issued share capital
increase to 3.6 billion shares worth
RM910.19 million under a minimum
scenario, or up to 4.04 billion shares
worth RM1.01 billion, it said in a filing with Bursa Malaysia yesterday.
Press Metal said the internal reorganisation proposes the assumption
of the listing status of Press Metal by
an entity tentatively called Newco.
The company will be incorporated on the basis of one Newco
share for every one subdivided
share held.
Press Metal has also proposed
a warrants exchange of all the outstanding 2011/2019 Warrants C in
Press Metal with new warrants in
Newco on a one-for-one basis.
Press Metal said the internal
reorganisation will allow the company to continue as an investment
holding company and operational
company carrying out its existing
businesses, therefore giving the
company leeway to expand into
new businesses and explore investment opportunities.
“The creation of a separate listed
entity allows Newco to acquire or expand to new businesses or explore
investment opportunities which
can be held separately from Press
Metal’s operational activities,” the
company said.
“In addition, the proposed internal reorganisation will be able to
separate Newco (as the listed entity)
from its operating entities and safeguard Newco from direct operating
risks, such as claims and litigation in
connection with the Newco Group’s
operations,” it added.
Under the minimum scenario,
the company’s net gearing would increase to 1.82 times from 1.76 times
after all proposals are conducted,
while under a maximum scenario,
its net gearing would decrease to
1.68 times from 1.76 times.
Press Metal’s 80%-owned subsidiary Press Metal Bintulu Sdn
Bhd suffered a fire incident at its
smelting plant in Sarawak’s Samalaju Industrial Park in May last year,
damaging a few of the company’s
smelting pots.
The company received an interim claim of RM70 million from its
insurer in April this year.
Press Metal also had to contend
with plummeting aluminium prices
last year, which dented its earnings.
Press Metal shares closed three
sen or 0.77% higher at RM3.94 yesterday, with a market capitalisation
of RM5.13 billion.
GHL Systems
partners Philippine
bank to offer
e-payment services
to merchants
BY G H O C H E E Y UA N
KUALA LUMPUR: Payment service
provider GHL Systems Bhd has
teamed up with Rizal Commercial
Banking Corp (RCBC), a leading
bank in the Philippines, to provide
e-payment services to merchants
in the Philippines for credit-card
transactions.
In a statement yesterday, GHL
Systems said its wholly-owned subsidiary GHL Systems Philippines
Inc (GHL Philippines) had signed
an agreement to provide transaction payment acquisition services
to RCBC through its servicing entity
RCBC Bankard Services Corp.
This new service will enable GHL
Philippines to directly contract with
merchants to provide credit-card
payment services with RCBC acting
as the underlying bank that will obtain authorisation for the credit-card
transactions.
GHL Systems group chief executive officer Kanagaraj Lorenz views
transaction payment acquisition
partnership as a game changer.
“There will be many, many more
small merchants who will be accepting card payments in this country,”
he said in the statement.
“The Philippines is an important
market for GHL Group and we are
thrilled to partner with RCBC as the
acquiring bank on this transaction
payment acquisition initiative. RCBC
Bankard is one of the pioneers of the
credit card industry in the Philippines
and is well-respected by the business
community here,” Kanagaraj added.
Since its soft launch in mid-May
2016 to date, GHL Philippines has
contracted with 1,000 merchants
for the transaction payment acquisition service. These merchants
come from a diverse range of business segments including consumer retail, food and beverage, and
services such as lodging, medical,
dental and beauty outlets.
Both GHL Philippines and RCBC
said they are poised to take a “significant market share” of the small- and
medium-sized merchants acquiring
business in the Philippines.
“The Philippines with its 102 million population holds great potential
for debit- and credit-card payments
growth. There are presently only an
estimated 180,000 EDC (electronic
draft capture) and PoS (point-of-sale)
terminals servicing an estimated 10
million credit cards, and 25 million
debit cards issued to consumers,”
they said.
Last month, Kanagaraj was reported as saying that GHL Systems
expects its earnings in the current
financial year ending Dec 31, 2016
(FY16) to be stronger than the previous year on the back of stronger
transaction payment acquisition and
web payment service growth.
In FY15, GHL Systems posted a
58% year-on-year jump in net profit to RM10.34 million, while revenue rose 28% to RM211.38 million,
driven by better performance across
all segments including transaction
payment acquisition. The Philippine
market accounted for 12% of its revenue in FY15.
4 HOME BUSINESS
See you in court,
1MDB tells IPIC,
Aabar over claim
Says it is confident of its legal position
BY MEENA L A KSHANA
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) said it
agreed yesterday to the request
for arbitration (RFA) filed by International Petroleum Investment Company (IPIC) and Aabar
Investments PJS (Aabar) in the
London Court of International
Arbitration.
In a statement, 1MDB said it is
confident of its legal position and
has submitted a formal and “robust” response to the RFA through
its legal counsel, Weil Gotshal &
Manges (Weil Gotshal), a specialist in international litigation.
“1MDB reiterates that, notwithstanding the dispute with IPIC, it
will continue to implement the
rationalisation plan and remain
able to honour its current debt
obligations,” it added.
1MDB said it paid the RM1.579
million interest coupon on the
RM2.4 billion Bandar Malaysia
sukuk due 2024 last month, and
also made a scheduled coupon
payment amounting to RM143.75
million on its RM5 billion 5.75%
Islamic Medium Term Notes due
2039 in May.
On June 15, Abu Dhabi sovereign wealth fund IPIC and Aabar
submitted an RFA to the London
Court of International Arbitration to claim for US$6.5 billion
(RM26.7 billion) from 1MDB.
The RFA is in regard to IPIC’s
claim that 1MDB and Minister of
Finance Inc (MoF Inc) have failed
to perform their contractual obligations under a binding term
sheet (BTS) dated May 28, 2015.
To recap, IPIC and Aabar
inked the BTS after 1MDB realised it needed help to settle the
debts it had taken on to buy its
power assets. Under the agreement, IPIC provided 1MDB US$1
billion cash.
It also agreed to pay all interest due under two 1MDB bonds
worth a collective US$3.5 billion
(due 2022), and to take over liabilities for payment obligations
under the bonds.
In exchange for IPIC’s guarantee on the bonds, 1MDB was
obliged to make collateral payments to IPIC’s subsidiary Aabar
by Dec 31, 2015.
1MDB contended it had made
the collateral payments — US$855
million, US$933 million and
US$295 million as security deposits and other guarantees — between 2012 and 2014, as well as a
US$1.4 billion security deposit to
an entity called Aabar Investments
PJS registered in the British Virgin
Islands (Aabar BVI).
But IPIC said in April this year
that Aabar BVI was not a unit of
IPIC, and that it had never received the sums from 1MDB. Following that, 1MDB said it might
have been a victim of fraud.
Subsequently, 1MDB defaulted on the interest payments of
the two 1MDB bonds; one was
due in April and another in early
May. The defaults resulted in IPIC
assuming the interest payments
totalling US$102.4 million as the
co-guarantor of the bonds.
‘IGP should focus on nabbing 1MDB
wrongdoers, not whistle-blowers’
BY MEENA L A KSHANA
KUALA LUMPUR: Inspector-General of Police (IGP) Tan Sri Khalid
Abu Bakar should be focusing on
putting those responsible for the
massive misappropriation of 1Malaysia Development Bhd (1MDB)
funds behind bars instead of penalising whistle-blowers, an opposition lawmaker said.
In a statement yesterday, Petaling Jaya Utara member of parliament Tony Pua said if the leaked
Auditor-General’s (AG) Report by whistle-blower
site Sarawak Report is
genuine, it is more important for the IGP to
“get to the bottom of
the scam and put the
crooks behind bars”.
He was commenting on reports quoting
Khalid on Saturday that
the police will probe Sarawak Report under the
Official Secrets Act
1972 (OSA) for
leaking the
classified
AG’s Report on 1MDB after they
verify that it is a genuine document.
Last Wednesday, Sarawak Report claimed to have obtained a
copy of the AG’s Report, which is
classified under the OSA. It also
published alleged details from the
report last Friday.
“Regardless, if the leaked AG’s
Report by Sarawak Report, which exposed the billions defrauded and covered up by 1MDB officers, is indeed
genuine, Malaysians are shocked that
the IGP isn’t at all interested in getting
to the bottom of the scam
and putting the crooks
behind bars,” said Pua.
“The IGP would
do well to remember
that police officers are
Pua: The IGP would do well
to remember that police
officers are sworn to protect
Malaysians against criminals
and not instead to cover up
for crooks. The Edge
file photo
sworn to protect Malaysians against
criminals and not instead to cover
up for crooks,” he added.
Pua said Khalid’s statement is
shocking as after months since the
Public Accounts Committee tabled
its report on 1MDB to Parliament demanding investigations into former
1MDB chief executive officer Datuk
Shahrol Azral Ibrahim Halmi and
others involved in the 1MDB issue,
the police have yet to gain access to
the detailed AG’s Report on 1MDB.
“Has the police been so lackadaisical in its investigations into 1MDB that
it hasn’t already obtained a copy of
the AG’s Report on 1MDB?” he asked.
Pua said although the AG’s Report has been classified under the
OSA, it is not a national security
document.
“It is a document which audited
1MDB for tens of billions of ringgit
lost and has been exposed as such
by Sarawak Report. It is hence a
crucial evidentiary report against
the masterminds behind the 1MDB
scam and any attempt by the IGP to
suppress the evidence will pervert
the course of justice in Malaysia,”
he added.
MOST VIEWED STORIES ON
theedgemarkets.com
Southern Steel terminates RM427m
agreement with Italian plant maker
KUALA LUMPUR: Southern Steel
Bhd has terminated the services
of Italian plant maker Danieli & C
Officine Meccaniche SpA for the
design, manufacture and supply
of a thin slab casting unit used
in the production of hot rolled
coils (HRCs), claiming the latter
has failed to fulfil its contractual
obligations.
In a filing with Bursa Malaysia
yesterday, the steelmaker said its
wholly-owned unit Southern HRC
Sdn Bhd (SHRC) had terminated
the agreement last Thursday. The
thin slab casting unit was to be fed
directly to a twin steckel mill for
the production of HRCs.
The original agreement was
inked on June 16, 2011. The
amount involved in the contract
is approximately RM427 million,
said Southern Steel.
“SHRC has terminated the contract in accordance with the terms
of the said contract. Danieli has
failed to remedy and resolve the
issues set out in the notice of termination, which constitutes a major
default and failure by Danieli to
fulfil its fundamental obligations
under the contract,” it said.
Southern Steel added all disputes arising from such termination
shall be settled by arbitration in accordance with the Rules of Arbitration of the International Chamber
of Commerce in Singapore.
Meanwhile, the termination
requires an assessment of the
carrying value of the project.
“Pending the assessment, the
company is unable to determine
the extent of the financial impact,
if any, at this juncture,” it said.
Southern Steel said the termination does not affect the other
core businesses of the group.
Shares in Southern Steel rose
three sen or 2.94% to settle at
RM1.05 yesterday, with a market
value of RM440.39 million.
Borneo Oil suggests better 1Q, goldprice rally as reasons behind UMA
BY B IL LY TO H
KUALA LUMPUR: Borneo Oil
Bhd, which saw a sharp rise in
the trading volume of its shares
in the past two days, pointed to
its improved first-quarter performance in the three months ended
April 30, 2016 (1QFY17), and the
recent rally in the prices of gold
globally following the Brexit vote,
as possible reasons behind the
unusual market activity (UMA).
In its 1QFY17, it reported a net
profit of RM10.7 million, more
than 20 times its 1QFY16 net profit
of RM525,000, thanks to improved
performances from both its fastfood and franchise, and mining,
energy and related divisions, as
well as its property, management
and operation division.
Other than the above, it is unaware of any corporate developments, rumour or report that
could have led to the sharp rise in
the trading volume of its shares,
it said in its reply yesterday to the
UMA query issued by Bursa Malaysia earlier on the same day.
Last Friday, Borneo Oil’s share
price rose 8.82% to 18.5 sen from
17 sen in its previous close, after 162.57 million shares were
traded.
Though its share price rose
as much as 5.4% to an intraday
high of 19.5 sen yesterday, it settled unchanged at the end of the
trading hours after 154.5 million
shares changed hands.
In comparison, Borneo Oil’s
200-day average volume is only
19.3 million.
Reliance co-founders no longer
substantial shareholders
BY S UPR IYA S UR E N D R A N
KUALA LUMPUR: Reliance Pacific Bhd’s chief executive officer
Datin Irene Tan and her husband,
Datuk Gan Eng Kwong — who
are co-founders of the company — are no longer substantial
shareholders in the loss-making
travel and tour company.
According to filings with Bursa
Malaysia yesterday, the couple had
disposed of 37.34 million shares
representing a 4.35% indirect stake
in the company held via Reliance
Holdings Sdn Bhd and through
nominees to Mazmur Capital Sdn
Bhd, a vehicle of Reliance executive director See Ah Sing.
The shares were disposed of to
See at 22.5 sen per share on July 8, a
39% discount to Reliance’s closing
market price of 37 sen yesterday.
After the disposal, Tan and Gan are
both left with 14.69 million shares,
or a 1.7% stake, in the company.
See, an associate of former finance minister Tun Daim Zainuddin, now holds some 248.18 million
Reliance shares, or a 28.91% stake.
Daim’s son Datuk Md Wira
Dani Abdul Daim emerged as
a substantial shareholder in the
company on April 12, and is now
Reliance Pacific’s largest shareholder with a 30.96% stake.
Reliance Pacific also operates
the Avillion Hotel Group, which
boasts a chain of luxurious hotels
and retreats in Port Dickson, Melaka, Kuang, Janda Baik and Kuala
Lumpur, as well as Bali in Indonesia. The company’s share price
ended the day up one sen or 2.78%
at 37 sen, with a market capitalisation of RM317.66 million.
HOME BUSINESS 5
AirAsia X to restart
London flights ‘soon’
Reopening of KL-London route on the cards, says Fernandes
BY CHESTER TAY
KUALA LUMPUR: AirAsia X Bhd
(AAX), the long-haul, low-cost
affiliate of AirAsia Bhd, is going to fly to London “soon”, said
AirAsia co-founder and group
chief executive officer Tan Sri
Tony Fernandes in a Facebook
post yesterday.
In November 2014, AAX said
it was looking to revive flights
to London as early as 2015. The
airline suspended all flights to
Europe, including London and
Paris, in March 2012, due to high
operating costs. It launched the
service between Kuala Lumpur
and London in March 2009.
Fernandes, who is prolific on
social media, had tweeted then
that “the reopening of KL-London
is definitely on the cards”.
“KL-London is the most wanted route for AAX, and we will deliver it. I am quite sure,” he added.
Meanwhile, Bloomberg quoted
people familiar with the matter
as saying that Airbus Group SE
is poised to win an order for as
many as 100 jetliners from AirAsia.
The deal may be announced as
early as today at the Farnborough
Airshow in the UK, said the people, who asked not to be named because the discussions are private.
The purchase would consist likely of
A321neo narrow-body aircraft, which
have a list price of US$125.7 million (RM501.54 million) apiece, the
Bloomberg report said yesterday.
The low-cost carrier will use
at least some of the narrow-body
planes to provide stepped-up
service to India, it reported one
of the people as saying.
AAX shares closed one sen or
2.63% higher at 39 sen yesterday,
bringing a market capitalisation
of RM1.62 billion.
FARNBOROUGH: AirAsia Bhd is
studying a dual listing in Hong Kong,
part of plans to become a pan-Asian
low-cost airline player as it moves
towards setting up a joint venture
(JV) in China, people familiar with
the matter said on Sunday.
It is simultaneously looking for
more aircraft to meet strong demand
in North Asia and elsewhere, the
people said on the eve of Britain’s
Farnborough Airshow.
Asia’s largest low-cost airline
group, which already has affiliates
across Southeast Asia, aims to form
the venture with the backing of a
China state-owned enterprise to
help capture traffic from fast-growing secondary and tertiary cities.
Its co-founder and group chief
executive officer Tan Sri Tony Fernandes referred to the potential dual
listing without naming a location
and hinted at a potential new aircraft order on Twitter on Sunday.
“Looking at more ancillary [revenues], more capacity and [a] dual
listing,” he said. The airline group is
talking to China banks and potential shareholders, including China
Everbright Bank, one source said.
This comes as AirAsia rebounds
from recent turbulence due to lower oil prices, and as Fernandes and
his partner put in additional investment in the business. Its share price
fell sharply in 2015, amid negative
reports about its finances, but has
rallied sharply since then.
A Hong Kong listing could help
raise the company’s profile, coming
on the heels of the flotation there of
aviation lessor BOC Aviation, and
allow it to raise new capital.
Reporting a near sixfold jump in
quarterly profit in May, Fernandes
said demand from China travellers
had recovered. The airline also sees
broad demand in markets like South
Korea and Japan, and has said it is
bullish on India.
Fernandes has signalled that he
aims to make AirAsia a low-cost
giant with one-stop connections
mainly from its Malaysian base.
“It is a huge business opportunity: [to] use low cost to build another Dubai,” a person involved in the
plans said, referring to the leading
Middle East transport hub.
In mid-June, former senior AirAsia executive Kathleen Tan, seen
as one of Fernandes’s most trusted
executives, rejoined the carrier to
head its North Asia operations. This
includes responsibility for building
the airline’s market and brand in
China, Hong Kong, Macau, Japan,
South Korea and Taiwan.
China contributes nearly 40% of
the group’s revenues, but Fernandes
said when appointing Tan that there
“is still a lot to do in North Asia ... an
important long-haul market”.
After a false start, the AirAsia Japan JV is expected to begin operations in the second half of this year.
The company’s longer-term goal
is to have a JV in either Hong Kong
or China, said a second source familiar with the company’s thinking.
AirAsia has been adding more pointto-point services from Malaysia and
Thailand to North Asia.
The goal, added this source, is to
use AirAsia’s short-haul and longhaul units to connect passengers
from North Asia to Southeast Asia
and Australia.
AirAsia has, however, been involved in a spat with Malaysia Airports Holdings Bhd, operator of
Kuala Lumpur International Airport,
over the design of a new budget terminal that began operations in 2014.
The AirAsia group said it accounts
for 97% of operations at the terminal.
The low-cost goliath was a launch
customer in 2014 for the revamped
A330neo and could buy more Airbus
planes as early as this week’s Farnborough Airshow, sources familiar
with the matter said.
People familiar with the situation said the two companies were in
discussions about aircraft orders on
the eve of the show. Both companies
declined to comment. — Reuters
DiGi’s 2Q earnings down 9.4%,
pays 5.4 sen dividend
KUALA LUMPUR: DiGi.Com
Bhd saw its net profit for the second quarter ended June 30, 2016
(2QFY16) fall 9.4% to RM420.61
million, or 5.41 sen per share, due
to unrealised foreign exchange
and derivatives losses of RM12.72
million. It posted a net profit of
RM464.36 million or 5.97 sen per
share a year ago.
Revenue also came in 3.9% lower at RM1.66 billion, from RM1.72
billion in 2QFY15.
Despite the lower quarterly
earnings, DiGi declared a second
interim dividend of 5.4 sen per
share amounting to RM420 million
for FY16, payable on Sept 30. This
brings its year-to-date dividend
to 10.5 sen per share, compared
with 12 sen per share for the same
period last year.
For the cumulative six-month
period (1HFY16), DiGi posted
a 13.1% decline in net profit to
RM819.65 million or 10.54 sen per
share, from RM943.58 million or
12.14 sen per share in 1HFY15, due
to aggressive high-speed data quota bundling and heavy discounts.
Revenue stood at RM3.31 billion,
down 5.7% from RM3.51 billion.
In a statement yesterday, DiGi
said its earnings before interest,
taxes, depreciation and amortisation (Ebitda) fell 6.7% year-onyear (y-o-y) to RM735 million in
2QFY16, while its Ebitda margin
slid 1.3 percentage points to 44%.
Its service revenue dropped
2% y-o-y to RM1.56 billion, even
though its active Internet subscribers rose to eight million along an
increase in smartphone penetration to 62%, while 4G LTE subscribers grew to 3.3 million, from
1.3 million a year ago.
Internet revenue made up a
total of 36.1% of service revenue
for 2QFY16, and continued to grow
as smartphone adoption rose to
62% and active Internet subscribers up to 64.5% of the total sub-
Murty: For FY16, we aim to sustain
(our) service revenue and Ebitda
margin at (the) 2015 (levels).
Photo by Mohd Izwan Mohd Nazam
scriber base. Average revenue per
user (Arpu) was steady at RM42,
backed by 12.3 million subscribers, it added.
Despite being challenged by
the industry’s aggressive Internet
quotas and heavy discounts, DiGi’s postpaid Arpu strengthened
to RM82 on a larger subscriber
base, while prepaid Arpu dipped
marginally to RM34, on the back
of relatively stable prepaid subscribers.
DiGi chief executive officer Albern Murty said during 2QFY16,
the group intensified its network
service quality and coverage,
where its 4G LTE and 4G LTE-A
network footprint now stands at
76% and 34% of the population
nationwide respectively.
While upfront spectrum fees
for the allocated 900MHz and
1800MHz band have yet to be announced, DiGi said it believes the
“fee structure would be rational”.
“For FY16, we aim to sustain
[our] service revenue and Ebitda margin at [the] 2015 [levels],
while managing capital expenditure within 13% to 14% of service
revenue with increased leverage
on global and collaboration synergies to drive efficient and scalable
investments,” it added.
LPI’s 2Q net profit surges 148%
on equity disposal gains
BY TA N S IE W MUN G
KUALA LUMPUR: LPI Capital Bhd
achieved sterling results in the second quarter ended June 30, 2016
(2QFY16), as its net profit surged
148% to RM212.62 million, from
RM85.74 million a year ago, with
its investment holding segment
chalking up gains of RM150.4
million on disposal of equity investments.
Its board declared a first interim dividend of 25 sen per share,
amounting to RM83 million,
which is payable on Aug 3, according to its Bursa filings.
Revenue for 2QFY16 increased
11.33% year-on-year (y-o-y) to
RM339.25 million, from RM304.73,
largely contributed by revenue
from the general insurance segment, which improved 10.9%
to RM337.3 million. Profit-wise,
it grew 29.1% to RM82.1 million, from RM63.6 million in
2QFY15.
Underwriting profit for the
quarter rose by 34.6% y-o-y to
RM67.7 million, on the back of
a 7.1% improvement in its combined ratio to 66.5%, due to improved performance in all its underwriting components.
For the first half ended June 30,
2016 (1HFY16), the group’s net
profit jumped 94.5% to RM278.01
million, from RM142.94 million
in 1HFY15, while revenue gained
10.62% to RM659.81 million, from
RM596.46 million.
In a statement, its group chairman and founder Tan Sri Teh
Hong Piow said LPI’s outstanding first-half performance was
partly due to realisation of gains of
RM150.4 million from the group’s
equity investment in the second
quarter.
He also said Lonpac Insurance Bhd, LPI’s wholly-owned
insurance subsidiary, had put up
a commendable performance.
Teh is confident that LPI will
continue to report favourable performance for 2HFY16.
6 HOME BUSINESS
Some Apac nations
vulnerable to postBrexit market volatility
Foreign selling
on Bursa halts
after 10 weeks
BY TA N S IE W MUN G
Foreigners bought RM93.5 million last week — MIDF Research
KUALA LUMPUR : Foreigners
turned net buyers on Bursa Malaysia last week, albeit marginally,
after 10 successive weeks of selling,
according to MIDF Research.
In his weekly fund flow report
yesterday, MIDF Research head
Zulkifli Hamzah said over the three
trading days, foreign investors
made RM93.5 million net purchase
on Bursa, after a negligible RM1.4
million selling the week prior. The
estimates are based on transactions
in the open market which excluded
off-market deals. Bursa was closed
last Wednesday and Thursday for
Hari Raya holidays.
“We note that the buying momentum from the second half of
the preceding week was carried
forward as trading commenced
on Monday (yesterday), in which
foreigners loaded up RM168.8 million. It was the third highest daily
buying since April 1 this year.
“However, the buying momentum halted on the eve of the
two-day holiday, in which foreign
investors reduced their holding
marginally by RM8.3 million during the morning session,” he said.
Zulkifli added that foreign selling
resumed when Bursa reopened last
Friday as foreigners sold another
RM67 million.
“Last week’s foreign net buying
has effectively lifted the cumulative
Weekly net flow of foreign funds into Malaysian equities
2000
(RM mil)
Foreigners turned
net buyers after 10
weeks of selling.
1500
1000
500
0
-500
-1000
-1500
Jan 8
Jan 15
Jan 22
Jan 29
Feb 5
Feb 12
Feb 19
Feb 26
March 4
March 11
March 18
March 25
April 1
April 8
April 15
April 22
April 29
May 6
May 13
May 20
May 27
June 3
June 10
June 17
June 24
July 1
July 8
BY SURIN MURUGIAH
Source: MIDF Research
net foreign fund flow thus far this
year into shares listed on Bursa
from the negative territory. As of
last Friday, the year-to-date cumulative flow into Bursa amounted
to an estimated RM58.4 million,
up from RM35.1 million the week
prior,” he noted.
In retrospect, foreigners had offloaded RM19.5 billion and RM6.9
billion in 2015 and 2014 respectively.
Zulkifli said despite the intermittent trading days last week, foreign
participation rate managed to edge
up to RM906.5 million from prior
week’s RM811.7 million.
He said it was the first time it
rose above the RM900 million level
after one month of moderate trading at less than RM900 million.
Zulkifli said local institutions sold
RM87 million on Bursa last week,
their first net selling in 11 weeks.
“Meanwhile, its participation
rate declined further to RM1.41 billion from prior week’s RM1.76 billion, amid the short trading week.
“Retail buyers continued to be
net sellers for the third week in a
row. They sold marginally at RM6.5
million. Meanwhile, their participation rate slowed down to RM384.8
million,” he said.
Commenting on the region, Zulkifli said fatigue hit global equity
markets after the robust rally in the
week prior. “The market in general
lacked new buying catalysts as global investors had fully digested the
post-Brexit dovish talks by central
bankers worldwide.”
KUALA LUMPUR: The UK’s withdrawal from the European Union
(EU) (Brexit) won’t have a significant credit impact on Asia-Pacific
(Apac) sovereigns, as the region’s
direct trade linkage with the UK is
generally limited, but dependence
on external finance may cause
some to be vulnerable to volatility that may arise, said Moody’s
Investors Service.
The rating agency said this in a
report entitled “Sovereigns — Brexit and Asia-Pacific: Limited Direct
Credit Impact; Some Sovereigns Exposed to Market Volatility”, in which
it forecast announcements relating to
Brexit could potentially trigger market volatility in the coming months.
“While not our baseline expectation, a shift in portfolio and/or
banking flows that resulted in tighter financing conditions in some
Asia-Pacific markets would hurt
growth, especially in countries
where fiscal and monetary policy
space is constrained,” it highlighted.
Among Apac countries with
large current account deficits, Mongolia relies in part on private sector financing flows. Further, both
Mongolia and Sri Lanka have significant debt repayments due in
2016, it said.
“Consequently, any severe and
prolonged market volatility could
heighten balance of payment pressures for these two sovereigns. In
addition, elevated government debt
in both countries would constrain
All 13
economists
in the poll
forecast that
BNM will
maintain its key
rate. The Edge
file photo
Genting rebrands German yards, invests €100m
BY GHO C H EE YUAN
KUALA LUMPUR: Cruise ship operator Genting Hong Kong Ltd,
17.8% owned by Genting Bhd, said
the three shipyards in Mecklenburg-Vorpommern, Germany that
it acquired in April this year will be
named MV Werften. It will spend
€100 million (RM439.85 million)
to turn MV Werften into one of
the most efficient and innovative
cruise shipbuilders in Europe.
This follows the completion of
the acquisition of the three shipyards in Wismar, Warnemunde
and Stralsund.
In a statement yesterday, Genting HK said MV Werften will be
managed in Wismar and will focus on building large new ships.
Lloyd Werft, another shipyard
located in Bremerhaven, Germany that Genting HK bought last
September, will focus on its prior
business of repairs, conversion and
building of mega yachts.
Genting Group chairman and
chief executive officer Tan Sri Lim
Kok Thay said the group will invest
€100 million to make MV Werften
into one of the world’s most modern and efficient cruise shipyards.
The capital investment, Lim
added, is for a thin plate laser
welding line, a cabin module factory, a new covered section block
building hall, the modernisation
of manufacturing control systems
and new executive and employee
offices and facilities.
Lim also announced the appointment of Jarmo Laakso as MV
Werften's managing director.
Laakso has more than 35 years’
experience in building passenger
ships, including the latest generation of mega cruise ships, including the Quantum of the Seas.
He has a unique yard and owner
perspective as he has worked for
Meyer Werft from 1998 to 2004 and
for the Royal Caribbean International from 2005 to 2015.
Genting HK also said MV Werften
will deliver the first of four luxury
Crystal River ships in 2017, the first
of a series of 20,000 gross tonne Crystal Endeavor Class polar expedition
yachts in 2018 and the first of a series
of 201,000 gross tonne Star Cruises
Global Class cruise ships by 2020.
The planned annual output of
MV Werften will be stepped up in
future years to eventually build two
Neo-Panamax cruise ships of over
200,000 gross tonnes each and one
Panamax cruise vessel. MV Werften has docks, fabrication halls
and painting shops which are all
covered and, as a result, is able to
produce cruise ships of the highest
quality and workmanship, valued
at more than €2.5 billion, it added.
Meanwhile, Lloyd Werft will
continue to be led by managing
director Ruediger Pallentin, Dirk
Petersjohann and Carsten Haake.
fiscal policy room to offset the impact of weaker external flows on
gross domestic product (GDP)
growth,” Moody’s said.
Most Apac sovereigns have minimal reliance on exports to the UK.
Cambodia is the most exposed, with
exports to the UK worth 5.8% of its
GDP in 2015, which is why Moody’s
does not foresee a large impact on
trade or GDP growth in the region.
“Only in severe downside scenarios involving a sharp and prolonged negative confidence shock
to the EU economy would GDP
growth in Asia-Pacific be materially lower,” it said.
As for impact on financial flows
into Asia from the UK and other
European banks, Moody’s is uncertain. As international financial
centres, Hong Kong, and to a lesser
extent Singapore, would be exposed
if financing flows from the UK and
European banks ebbed, but they
may benefit if UK and European
banks aimed to diversify their asset
bases, said Moody’s.
Meanwhile, pronounced flows
into safe havens would be creditnegative for Japan, and to a lesser
extent Hong Kong.
A sustained rise in the yen would
lower Japan’s GDP growth and inflation, making it harder to achieve
fiscal consolidation and inflation
objectives, while a stronger US
dollar and hence local currency
would hit Hong Kong’s economy.
But Hong Kong government’s “very
strong fiscal position” would provide some easing room.
Malaysia's policy rate seen steady
as economy stays resilient
KUALA LUMPUR: Malaysia’s central bank is expected to hold its
benchmark rate at 3.25% tomorrow, a Reuters poll showed, as the
economy appears resilient despite
volatility in global markets following the Brexit vote.
All 13 economists in the poll
forecast that Bank Negara Malaysia
(BNM) will maintain its key rate, as
exports and domestic consumption remain solid despite a slight
slip in growth.
“Unless export numbers deteriorate massively, or the much-touted domestic consumption uptick
gets derailed somehow, here is a
central bank that will most likely
hold at 3.25% for the rest of the
year,” OCBC said in a research note.
Some of the economists polled
said it was unlikely the British vote
to leave the European Union will
push BNM to change its monetary
policy tomorrow, as it remains to
be seen how far it will affect Southeast Asia’s third-largest economy.
BNM has kept its overnight rate
unchanged since July 2014.
In the first quarter, Malaysia’s
economy grew 4.2% from a year
earlier, down from 4.5% in October
until December.
The country’s ringgit currency
gained more than 1% in the morning trade yesterday as foreign investors bought local bonds ahead
of BNM’s policy meeting.
The consumer price index rose
by 2% in May, though the pace of
the annual increase slowed for a
third consecutive month. — Reuters
ST O C KS W I T H M O M E N T U M 7
Stocks with momentum were picked up using a proprietary algorithm by Asia Analytica Data Sdn Bhd and first appeared at www.theedgemarkets.com.
Please exercise your own judgement or seek professional advice for your specific investment needs. We are not responsible for your investment decisions.
Our shareholders, directors and employees may have positions in any of the stocks mentioned.
EONMETALL GROUP BHD (+ve)
SHARES in Eonmetall Group Bhd (fundamental: 1/3, valuation: 1.1/3) triggered our
momentum algorithm yesterday for the first
time this month as the stock price rose 5.5 sen
or 7.33% to close at 80.5 sen, with 8.84 million
shares traded, a big jump from its 200-day average volume of 730,007 shares.
Bursa Malaysia on June 9 issued an unusual
market activity query on the recent sharp rise
in its share price. But in its reply to Bursa, Eonmetall said it was unaware of any reason that
could have caused the recent share price rally.
EONMETALL GROUP BHD
Year to date, the counter has risen 3.22 times.
For its first quarter ended March 31, 2016
(1QFY16), Eonmetall returned to the black
with a net profit of RM11.85 million, from a
net loss of RM155,000 a year ago, on higher
revenue from its machinery and equipment
segment and lower production costs.
Revenue more than doubled to RM32.9
million from RM15.38 million.
At its current price, Eonmetall is trading
at a trailing price-earnings ratio of 7.23 times
and is 0.85 times its book value.
Valuation score*
1.10
1.00
Fundamental score**
7.23
TTM P/E (x)
TTM PEG (x)
0.79
P/NAV (x)
TTM Dividend yield (%)
126.49
Market capitalisation (mil)
Shares outstanding (ex-treasury) mil 168.65
0.97
Beta
0.19-0.86
12-month price range
*Valuation score - Composite measure of historical return & valuation
**Fundamental score - Composite measure of balance sheet strength
& profitability
Note: A score of 3.0 is the best to have and 0.0 is the worst to have
LB ALUMINIUM BHD (-ve)
SHARES in LB Aluminium Bhd (fundamental: 1/3, valuation: 2.6/3), which triggered our
momentum algorithm yesterday, closed 2.5
sen or 4.13% higher at 63 sen yesterday with
5.38 million shares traded. Its 200-day average
volume only stood at 344,942 shares.
LB Aluminium’s net profit jumped 123.66%
to RM5.86 million in the fourth quarter ended April 30, 2016, from RM2.62 million a year
ago, on better profit margins arising from the
decrease in raw material prices, and lower
provision for taxation.
LB ALUMINIUM BHD
Revenue, however, fell 6.52% to RM109.16
For the full financial year ended April 30,
2016 (FY16), LB Aluminium’s net profit grew
19.18% to RM15.72 million from RM13.19 million in FY15. Revenue fell 2.12% to RM444.82
LB Aluminium has proposed a first and final single-tier dividend of two sen per share
for FY16. The stock is currently trading at a
trailing 12-month price-earnings ratio of 9.56
times and is 0.58 times its book value.
Valuation score*
2.60
1.00
Fundamental score**
9.56
TTM P/E (x)
0.50
TTM PEG (x)
0.54
P/NAV (x)
3.31
150.33
Shares outstanding (ex-treasury) mil 248.49
1.24
Beta
0.39-0.61
& profitability
TIONG NAM LOGISTICS HOLDINGS BHD (-ve)
SHARES in Tiong Nam Logistics Holdings Bhd
(fundamental: 1.1/3, valuation: 1.8/3) triggered
our momentum algorithm yesterday, also for
the first time this month. The counter closed
eight sen or 5.19% higher at RM1.62, with 4.4
million shares traded. In comparison, it saw an
average of 636,502 shares traded in the last 200
days. The logistics and warehousing services
provider posted a net profit of RM36.55 million
for the fourth quarter ended March 31, 2016,
up 2.81% from RM35.55 million a year ago.
TIONG NAM LOGISTICS HOLDINGS BHD
Revenue, however, fell 33.91% to RM126.1
million, from RM190.81 million.
For the full financial year ended March 31,
2016 (FY16), Tiong Nam’s net profit rose 9.25%
to RM79.62 million, from RM72.88 million in
FY15, mainly due to lower income tax expenses.
Revenue, however, declined 7.31% to RM572.8
million, from RM618 million.
The stock is currently trading at a trailing
12-month price-earnings ratio of 8.06 times
and is at 1.13 times book value.
Valuation score*
1.80
1.10
Fundamental score**
8.06
TTM P/E (x)
0.87
TTM PEG (x)
1.07
P/NAV (x)
2.60
641.36
416.47
Shares outstanding (ex-treasury) mil
0.83
Beta
0.89-1.54
& profitability
EONMETALL GROUP BHD
(ALL FIGURES IN MYR MIL)
Financials
Turnover
Ebitda
Interest expense
Pre-tax profit
Net profit — owners of company
Fixed assets — PPE
Total assets
Shareholders' fund
Gross borrowings
Net debt/(cash)
EONMETALL GROUP BHD
RATIOS
DPS ($)
Net asset per share ($)
ROE (%)
Turnover growth (%)
Net profit growth (%)
Net margin (%)
ROA (%)
Current ratio (x)
Gearing (%)
Interest cover (x)
LB ALUMINIUM BHD
Financials
Turnover
Ebitda
Interest expense
Pre-tax profit
Total assets
Shareholders' fund
Gross borrowings
Net debt/(cash)
LB ALUMINIUM BHD
RATIOS
DPS ($)
ROE (%)
Turnover growth (%)
Net margin (%)
ROA (%)
Current ratio (x)
Gearing (%)
Interest cover (x)
Financials
Turnover
Ebitda
Interest expense
Pre-tax profit
Total assets
Shareholders' fund
Gross borrowings
Net debt/(cash)
FY13
FY14
FY15
FY2016Q1
31/12/2013
31/12/2014
31/12/2015
31/3/2016
76.3
16.1
3.8
7.0
6.2
111.2
177.4
146.5
54.3
52.2
64.4
5.3
3.3
(2.3)
(2.8)
103.2
163.5
143.5
53.5
52.0
79.7
12.9
3.3
5.6
6.2
102.2
162.2
148.7
57.0
54.9
32.9
13.1
0.8
11.5
11.4
101.8
172.8
160.6
53.6
49.0
FY13
FY14
31/12/2013
31/12/2014
31/12/2015
FY15 ROLLING 12-MTH
0.87
4.31
(47.36)
25.53
8.19
3.66
1.93
35.63
4.21
0.85
(1.91)
(15.53)
(4.31)
(1.63)
1.60
36.22
1.62
0.88
4.22
23.66
7.75
3.79
1.42
36.91
3.85
0.95
11.92
60.72
18.02
10.60
1.66
30.54
7.13
FY13
FY14
FY15
FY2016Q4
30/4/2013
30/4/2014
30/4/2015
30/4/2016
390.7
40.9
3.8
18.2
17.0
213.6
295.8
240.6
85.6
64.0
416.4
43.6
3.3
24.9
22.1
209.1
296.1
259.0
67.0
31.9
454.5
34.7
3.4
15.2
13.2
233.2
307.6
267.8
110.1
84.4
109.2
9.4
1.0
4.1
5.9
228.5
311.7
280.6
86.7
46.0
FY13
FY14
30/4/2013
30/4/2014
30/4/2015
FY15 ROLLING 12-MTH
0.02
0.97
7.24
7.03
95.81
4.34
5.80
1.94
26.62
10.89
0.02
1.04
8.84
6.56
30.13
5.30
7.46
1.85
12.32
13.30
0.02
1.08
5.01
9.15
(40.26)
2.90
4.37
1.49
31.52
10.25
0.02
1.13
5.82
(2.12)
19.21
3.53
5.17
1.58
16.39
8.59
FY13
FY14
FY15
FY2016Q4
31/3/2013
31/3/2014
31/3/2015
31/3/2016
340.0
45.0
11.9
29.4
17.3
324.1
524.0
290.8
321.0
288.9
533.1
118.8
15.2
117.7
74.6
455.0
721.2
399.3
385.7
322.5
618.0
133.2
19.3
110.7
72.9
581.3
769.6
458.2
460.1
397.7
126.1
25.2
5.2
42.3
36.6
828.4
1,084.5
601.9
544.6
514.4
FY13
FY14
RATIOS
31/3/2013
31/3/2014
31/3/2015
FY15 ROLLING 12-MTH
DPS ($)
ROE (%)
Turnover growth (%)
Net margin (%)
ROA (%)
Current ratio (x)
Gearing (%)
Interest cover (x)
0.09
3.46
6.10
12.34
1,519.51
5.10
3.58
1.17
99.35
3.79
0.03
0.95
21.63
56.80
330.22
14.00
11.98
1.44
80.76
7.83
0.04
1.10
17.00
15.92
(2.34)
11.79
9.78
1.18
86.78
6.90
0.04
1.45
16.95
(7.32)
9.25
13.90
9.44
1.37
85.46
5.57
8 P R O P E RT Y
The bigger threats
to UK banks
BY L IO N E L L AUR E N T
An artist’s impression of Cerrado Residential Suites.
Mah Sing draws
7,500 registrants
Cerrado Residential Suites in Bangi to be launched on July 23
BY SHAWN N G
o f TheEd g ePro per ty.com
KUALA LUMPUR: Mah Sing Group
Bhd’s upcoming launch of Cerrado Residential Suites has attracted 7,500 registrants, due to the
“compelling” prices of the units,
which largely fall below RM500,000,
said its chief sales officer James A
Bruyns.
The project, set to be launched
on July 23, was open for registration
a few months ago, and received
good response from the market,
he told reporters.
“Registrants are an indication
of interest. While there is no guarantee whether they will buy or not,
the interest is there. So far, we’ve
generated about 7,500 registrants,”
he said.
Cerrado Residential Suites is a
part of Savanna Executive Suites
— which is almost fully sold — and
caters for strong market demand,
Bruyns added.
“There are more people looking
for smaller and affordable units, so
we came up with Cerrado, which
comprises 656- and 825-sq ft units,”
he explained.
The selling prices of most of
the units are below RM500,000.
For bumiputera buyers, prices are RM360,000 onwards, and
RM380,000 onwards for non-bumiputera buyers.
The maintenance fee is 30 sen
per sq ft.
The freehold Cerrado Residential Suites will offer four towers of
residential suites, with a total of
1,616 units.
Each tower has 35 storeys, and
comprises 404 units and four lifts.
The project also offers 10 units of
poolside cabana.
With an estimated gross development value (GDV) of RM832
million, Cerrado Residential Suites
is located on a nine-acre (3.64ha)
parcel within Southville City.
Southville City is a township
in Bangi that spreads across 428
acres, with an estimated GDV of
RM11.1 billion.
LONDON: Want a frightening
Brexit-related statistic?
British banks have more than
£65 billion (RM335.21 billion) of
exposure to commercial real estate — precisely the sector markets fear is vulnerable to a big
correction as investors rush to
pull their money.
The good news is that the financial impact of a dive in commercial property looks manageable for UK banks, such as
Lloyds and RBS, not least because
they have spent the past decade retrenching from this area
and strengthening their balance
sheets.
A 2008-style price plunge
would lead to £965 million in
total impairments for Lloyds and
RBS, according to Bernstein analysts — about 5% of the amount
the two lenders had to set aside
for the payment protection insurance scandal.
But history suggests that a
sharp fall in commercial real estate is accompanied by as fall in
home prices and a wider recession. The latter two would be a
much bigger cause of pain to the
banks: While they’d been cutting
exposure to developers, they’d
been ramping up their exposure
to consumers and homeowners.
G oldman Sachs research
shows how commercial real estate would account for only a
fraction of banks’ impairments in
the event of an economic shock.
Five-year cumulative loan impairments in commercial property would run to £3.9 billion
across seven banks, according to
Goldman. That’s still only about
half Lloyds’ underlying profit
for 2015.
More concerning are the £6 billion in cumulative impairments
seen in mortgages, the £17 billion
seen in non-mortgage consumer
lending and the £11 billion seen
in loans to businesses.
Unlike commercial real estate,
these areas have been a key plank
of UK banks’ growth strategies in
recent years. Mortgage lending
to aspiring landlords has recently grown at double-digit rates,
boosted by a housing boom and
government subsidies; consumer
credit growth hit an 11-year high
in February; and lending to businesses turned positive in early
2015. These are all under threat
from a slowing economy — whatever happens to the commercial
property market.
The drop in British financial
stocks, which has seen about 10%
bitten off the FTSE 350 Banks
Index since the Brexit vote, may
have further to go.
And even if an economic shock
doesn’t come to pass, it wouldn’t
take much of a reversal in fortunes to start eating into lenders’ profits.
S&P 500 Index already expects
industry credit losses to rise from
a recent low of 0.14% of loans in
2015 (about £3.3 billion) to 0.45%
in 2017. That may not sound like
much, but it’s likely to be accompanied by a squeeze on margins
as banks are encouraged to keep
lending in the face of falling interest rates.
It’s not clear that both these
scenarios are fully reflected in
bank valuations. Lloyds, the
country’s biggest mortgage lender, faces the steepest bill of the
seven banks in Goldman’s stress
test model — yet trades at only a
20% discount to book value.
Broker recommendations are
skewed to “buy”, and analysts
still expect Lloyds shares to rise
22% over the coming 12 months.
True, the lender has a robust 13%
core Tier 1 capital ratio, pays a
dividend and a track record in
defending profit margins.
But its strengths will be tested
by the fortunes of the domestic
retail market to which it is inextricably tied. If Brexit bites, that becomes even harder. — Bloomberg
on web + mobile
One-on
n-on
ne interview with
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sful
u entrepreneurs,
senior executive
ves and analysts.
Uploaded on Tuesday and
Thurs
sday @ 12.30pm
Anytime, anywhere on www.theedgemarkets.com
10 B R O K E R S’ C A L L
Weak ringgit still a nearterm challenge for DiGi
DiGi.Com Bhd
July 11 (RM4.75)
Maintain hold with an unchanged
target price (TP) of RM4.80: We
expect DiGi.Com Bhd’s (DiGi) second quarter of financial year 2016
(2QFY16) net profit to meet our
and consensus expectations. We
estimate 2QFY16 earnings to fall
by mid to high single-digit yearon-year (y-o-y) to RM420 million
to RM440 million. We also expect
DiGi to declare a 2QFY16 dividend
per share of 5.4 sen to 5.6 sen, assuming a 100% payout ratio when
it announces its 2QFY16 results.
While we estimate DiGi’s
2QFY16 revenue to decline marginally to approximately RM1.7 billion (-1% y-o-y), its earnings should
see a sharper decline y-o-y mainly
due to a weak ringgit, which would
continue to put pressure on international direct dialling (IDD)
traffic costs.
The ringgit traded at an average
of RM4.01/US dollar in 2QFY16
(2QFY15: RM3.65/US dollar). The
weak ringgit, coupled with ongoing
intense price competition in data,
should lead to a lower earnings
DiGi.Com Bhd
FYE DEC (RM MIL)
Revenue
Ebitda
Pretax profit
Net profit
EPS (sen)
PER (x)
Core net profit
Core EPS (sen)
Core EPS growth (%)
Core PER (x)
Net DPS (sen)
Dividend yield (%)
EV/Ebitda (x)
Affin/Consensus (x)
2014
2015
2016E
2017E
2018E
7,018.5
3,163.5
2,645.2
2,031.1
26.1
18.2
2,035.1
26.2
19.3
18.1
26.0
5.5
12.0
–
6,913.9
2,982.3
2,308.7
1,722.5
22.2
21.4
1,748.3
22.5
(14.1)
21.1
22.0
4.6
12.7
–
6,960.5
2,958.8
2,349.8
1,762.5
22.7
21.0
1,762.5
22.7
0.8
21.0
22.7
4.8
12.8
1.0
7,004.0
2,996.8
2,356.2
1,766.8
22.7
20.9
1,766.8
22.7
0.2
20.9
22.7
4.8
12.7
1.0
7,080.0
3,007.6
2,379.5
1,795.9
23.1
20.6
1,795.9
23.1
1.6
20.6
23.1
4.9
12.6
1.0
Source: Company, Affin Hwang forecasts, Bloomberg
before interest, taxes, depreciation
and amortisation margin in 2QFY16
(2QFY15: 45.7%).
In mitigation, however, we note
that price competition in IDD, while
still intense, has eased a little in
2QFY16, following a recent uptick
in IDD rates for selected key migrant countries.
The recent relaunch of YTL Communications’ YES 4G LTE plan is expected to further intensify competition, in particular in the postpaid
segment, but DiGi has the smallest
postpaid exposure (26%) versus its
peers (Celcom: 45%; Maxis: 49%).
We note that U Mobile has raised
competitive intensity a notch by
CPO prices
to average
RM2,400 per
tonne in
second half
quickly responding with a new postpaid plan that offers a higher data
quota of 30GB at RM98, effectively
pricing data cheaper at RM3.26/
GB, compared with RM4.67/GB
previously in its RM70 (15GB) plan.
Key downside risks are a weaker-than-expected ringgit, poorer-than-expected margins and irrational price competition. Key upside
risks are a weaker-than-expected
US dollar and better-than-expected
prepaid revenue.
We make no changes to our
earnings forecasts at this juncture
and maintain our discounted cash
flow-derived (weighted average
cost of capital of 6.3% and longterm growth of 2%) 12-month TP
of RM4.80. While we see DiGi as a
beneficiary of the larger 900MHz
spectrum allocation, which would
improve its capital expenditure efficiency and network coverage in
the medium term, we believe DiGi
is still facing headwinds in growing
its prepaid revenue, due to the weak
ringgit amid IDD price competition,
as it has the largest market share in
the migrant market. — Affin Hwang
Research, July 11
O&G contracts for M’sian operators fall 61%
Oil and gas sector
July 11
Maintain neutral call: For the upstream, it is reported that Repsol has
reset the first oil date from the third
quarter of 2018 (3Q18) to 2019 for
its Ca Rong Do oil and gas project
in Vietnam, after receiving updated
contractor submissions from major
service providers. The project has
been in hibernation for the last six
months, given the plunge in crude
oil prices since early this year.
The project’s unchanged development concept involves a tension-leg wellhead platform (TLP)
tied back to a floating production,
storage and offloading (FPSO) vessel. The floater will have processing capacity of between 25,000 and
30,000 barrels per day of oil, and 60
million cubic feet per day of natural gas. It will be capable of storing
about 500,000 barrels of oil, and be
moored to the seabed by a fixed internal or external turret system. The
platform will float in water depths of
up to 350m and host up to 12 wells.
A fixed-term FPSO lease of eight
to nine years, together with operations and maintenance, will be
open for bidding by PetroVietnam
Technical Services Corp’s (PTSC)
production services division. Three
companies are expected to compete for the leased FPSO — Yinson
Holdings Bhd, Bumi Armada Bhd
and UK-listed Petrofac. We believe
Yinson, which owns a 49% stake
and operates FSO Bien Dong 01 and
FPSO Lam Son in Vietnam with a
strong and proven track record, has
the edge in securing this project.
The TLP for Ca Rong Do is
planned to be connected via a subsea flow line to the FPSO, which will
provide full oil and gas processing
capability. The TLP contractor will
partner with PTSC in the construction of the platform, which could be
up for tender between Modec and
possibly Floatec. The upstream indicated that Floatec, a joint venture
(JV) between Keppel Fels and McDermott, could continue to pursue
Ca Rong Do despite the end of most
of its Houston operations.
Repsol has indicated Ca Rong
Do as a “quite strong” project with
oil prices at US$55 (RM219.45) to
US$75 per barrel.
Repsol has said its net investment
devoted to the Ca Rong Do project
amounts to US$630 million between
2015 and 2019, with a total commitment of US$1.1 billion for the JV.
Ca Rong Do is operated by Repsol with a 55% stake, Pearl Energy
(Mubadala Petroleum) (25%), PetroVietnam E&P (15%) and Pan Pacific
Petroleum (5%).
According to JV partner Pan Pa-
cific, the gross best estimate of potential recovery from Ca Rong Do is
45.3 million barrels of oil, 172 billion
cubic feet of gas and 2.3 million barrels of condensate.
Total contracts awarded to Malaysian operators in 2Q16 fell 61%
quarter-on-quarter (q-o-q) and 78%
year-on-year (y-o-y) to RM852 million. For the first half of 2016, total
contracts fell 30% y-o-y to RM3 billion. Pending greater clarity on an
upward crude oil price trajectory
and resolution of recapitalisation
issues for a number of players, we
reiterate our “neutral” call on the
sector. We prefer companies with
stable and recurring earnings, such
as Dialog Group Bhd and Yinson.
Our “hold” calls are for Petronas
Gas Bhd, MISC Bhd, Bumi Armada,
SapuraKencana Petroleum Bhd and
UMW Oil & Gas Corp Bhd. — AmInvestment Bank Research, July 11
Oil and Gas sector
STOCKS
Bumi Armada
Dialog Group
MMHE
MISC
Petronas Gas
SapuraKencana
Petroleum
UMW Oil & Gas
Yinson Holdings
CALL
MARKET
CAPITALISATION
(RM MIL)
FAIR
VALUE
RM/SHARE
EV/
EBITDA
(X)
CY16F
HOLD
BUY
HOLD
HOLD
HOLD
4,224
7,844
1,744
32,586
43,928
0.69
2.05
1.25
8.10
24.40
8.9
21.1
5.8
7.5
14.1
24.7
25.3
16.2
12.3
23.9
9.8
23.2
13.4
11.8
23.1
2.0
1.4
–
1.9
2.9
2.3
1.4
–
1.9
3.0
HOLD
HOLD
BUY
8,329
1,005
2,943
1.40
0.80
3.60
7.9
(26.6)
19.5
40.6
(6.0)
18.3
57.0
(11.8)
20.0
0.1
–
0.9
–
–
0.9
Source: Company, AmInvestment Bank Bhd estimates
PER
CY17F
DIVIDEND YIELD
CY16F
CY17F
(%)
(%)
FY16F
ROE
FY17F
P/BV
(X)
2.3
13.7
3.9
7.2
15.3
5.6
13.7
4.5
7.1
15.0
0.6
3.6
0.6
0.9
3.8
1.1
(11.7)
13.6
1.2
(12.4)
7.7
0.7
0.7
1.3
Plantation sector
July 11
Maintain neutral: Malaysian
crude palm oil (CPO) futures
prices slumped by as much as
5.5% last Friday to their lowest
level in nine months, following
losses in rival soyoil and on sluggish export demand. Benchmark
palm oil futures for September
delivery on Bursa Malaysia Derivatives closed down 5% (or
RM117 per tonne) at RM2,241
per tonne, the lowest level since
Oct 9, 2015.
In its latest planting report on
July 6, the US Department of Agriculture revised up its estimates
of plantings to 94.1 million acres
(38.08 million hectares) of corn,
83.7 million acres of soybean,
and 50.8 million acres of wheat.
These compare with March intentions of 93.6 million acres
of corn, 82.2 million acres of
soybean, and 49.6 million acres
of wheat.
Improved rainfall in Midwestern US since early July has
led the market to remove the
weather risk premium attached
to soybean crops against crop
damage from the projected La
Nina event.
Brent crude oil prices fell 7%
during the week to US$46.76
(RM186.57) per barrel. The
sharp drop in crude oil prices may trigger concerns about
potentially weaker biodiesel demand. We estimate that
at the current crude oil price
level of US$47 per barrel and
exchange rate of RM4/US$1,
the CPO-biodiesel break-even
level is RM1,287 per tonne without government subsidy, and
RM1,887 per tonne with government subsidy.
CPO prices last Friday were
tracking the decline in soybean
oil prices to ensure that CPO
remains price-competitive, as
palm oil heads into the high
production season in August.
CPO prices currently trade at a
US$134/US$24 per tonne discount to US/Brazil soybean oils.
Palm oil stockpiles in Malaysia could rise by 4% to 13% as at
end-June, based on our estimate
as well as poll estimates by Reuters and Bloomberg.
This could lead to short-term
weakness in plantation counters as weaker palm oil prices,
coupled with lower output due
to lagged effects of El Nino, will
be negative for earnings. However, CPO prices are still broadly
within our expectations of an
average of RM2,400 per tonne
for the second half of 2016.
We keep our “neutral” rating and earnings forecasts for
regional planters. The concern
over earnings risk for planters
is partially offset by the undemanding equity value/hectare
for selected planters. Our key
picks in the region are AALI, FR
and GENP. — CIMB Research,
July 10
B R O K E R S’ C A L L 11
Unisem has healthy
balance sheet with
net cash of RM65.8m
Unisem (M) Bhd
June 11 (RM2.51)
Maintain trading buy with an
increased target price (TP) of
RM2.81: Unisem (M) Bhd’s share
price rallied 16.5% since our last
upgrade in late April, outperforming all its peers who were largely
impacted by the softer smartphone
market. It was and still is Hong Leong Investment Bank Research’s
top pick in the tech sector.
Thanks to its diversified exposure
to end-application markets, the automotive segment was instrumental in driving top-line growth in the
seasonally softer first quarter ended
2016 (1Q16), despite the prolonged
global inventory adjustments, especially in the smartphone market.
Automotive is becoming a significant catalyst for the sector as more
integrated circuits (IC) are embedded for lighting, communication,
safety, infotainment and others,
while hybrid and electric cars will
further spur demand. According to
IHS Automotive, automotive IC is
forecast to grow 6.7% year-on-year
in 2016 compounded by a 3.1% compound annual growth rate in global
car production.
Unisem has an edge in technology with its wafer-level chip-scale
packaging (WLCSP) which is gaining
popularity due to small form factor/
miniaturisation trend. Although its
contribution contracted in 1Q16
due to a stronger leaded demand
associated with the auto market, its
WLCSP is expected to gain traction
as new smartphones are launched in
the second half ended 2016 (2H16).
This advanced packaging usually
Unisem (M) Bhd
FYE DEC (RM MIL)
2014A
2015A
2016E
2017E
Revenue
Ebitda
Pre-tax profit
Reported Patami
Adjusted Patami
Rep. EPS (sen)
Adj. EPS (sen)
Net DPS (sen)
Net DY (%)
PER (x)
P/BV (x)
EV/Ebitda (x)
Net D/Eqty (%)
ROA (%)
ROE (%)
1,038
256
85
68
64
9.3
8.7
6.0
2.4
27.2
1.8
8.0
-0.2
0.0
0.1
1,260
356
173
156
159
21.2
21.7
10.0
3.9
12.0
1.4
5.2
0.0
0.1
0.1
1,308
340
160
144
144
19.7
19.7
13.8
5.4
12.9
1.3
5.1
0.1
0.1
0.1
1,332
346
176
159
159
21.6
21.6
15.1
6.0
11.7
1.3
4.7
0.2
0.1
0.1
Source: HLIB
commands higher margins.
As we expect the ringgit to remain
weak against the US dollar in 2H16
at RM4 to RM4.20 with a financial
year (FY) average of RM4.05, this
would be a boost to the majority of
Unisem’s revenue which is US dollar-dominated.
Unisem has a healthy balance
sheet with a net cash position of
RM65.8 million as of 1Q16. A prudent capital expenditure policy
allows room for dividends, with a
projected yield of 5.4% for its financial year ended 2016 (FY16).
The 2QFY16 revenue (in US dollars) was guided to gain by 5% to
10% quarter-on-quarter, leading to
a profit after tax expectation ranging
from RM40 million to RM45 million.
However, risks lie in the foreign exchange, weak consumer demand,
labour wage hikes and continuous
Right time for Tiong Nam to
go for warehouse REIT listing
Tiong Nam Logistics Holdings Bhd
July 11 (RM1.62)
Initiate with a buy and a target
price (TP) of RM2.07: In the past,
Tiong Nam Logistics Holdings Bhd’s
business model of owning most
of its warehousing assets through
debt financing led to a high gearing
level, a sore point among investors.
However, the warehousing assets
owned by the group have seen appreciation in value over time and
now the assets could be monetised to relieve its balance sheet. Its
previous acquisitions of land also
open up the avenue for the group to
venture into the property business.
We opine that it is now an opportune time for Tiong Nam to go
warehouse real estate investment
trust (REIT) listing given the renewed interest in high dividend
stocks. Based on our estimation, its
warehouse REIT could potentially
fetch a market cap of RM528.6 million, translating into a value of 50
sen a share. This potential corporate
exercise would rerate Tiong Nam’s
logistics business, unlocking value
for its shareholders.
Meanwhile, while the listing of
its warehouses would improve its
cash position significantly, we do
not foresee a large cash payout
post the potential corporate exercise. The group still has expansion
plans to increase its warehousing
capacity tapping on the long-term
logistics growth. However, we do
drag by Batam’s performance.
We fine-tune revenue and US
dollar/ringgit assumptions which
led to upward revisions of FY16 to
RY17 earnings per share (EPS) by
2.6% and 10.2% respectively. Positives include a strong greenback,
proliferations of smartphones, tab- Tiong Nam Logistics Holdings Bhd
lets, wearable techs and hybrid/
electric automobiles. Negatives are FYE MARCH (RM MIL)
2015A
intense competition from Taiwan- Revenue
618
ese peers, higher input costs, chalEbitda
154
lenging economic outlook which
43
will eventually hamper consumer Ebit
73
confidence and bring a stalemate Patmi
EPS
17.4
in electronics innovation.
Reiterate “trading buy” after rais- PER (x)
8.9
ing our TP by 12.9% from RM2.49 to P/BV (x)
1.3
RM2.81 reflecting the upward EPS ROA (%)
7.1
revision and rolled forward valu24.2
ROE (%)
ation. TP is pegged to 13 times of
2.6
FY17 EPS. — Hong Leong Investment Dividend yield (%)
Source: HLIB Research
Bank Research, 11 July 2016
not rule out partial payout of the
proceeds, which will also act as a
share price catalyst.
While admittedly the outlook for
the property market is still subdued,
the group still owns undeveloped
land bank of 152.7 acres (61.79ha)
[potential gross development value
(GDV) of about RM1.5 billion], an
upside catalyst as we have yet to
account for potential new launches.
Focus of Tiong Nam is on industrial property development which is
more resilient amid current property downturn.
Catalysts for the company include: i) listing of warehouses as
REIT; ii) recovery of property market; and iii) measures to promote
trade (that is the Trans-Pacific Partnership agreement).
However, risks lie in: a) fluctuations in the oil price which affects
transportation costs and b) further
tightening of property lending policies by banks.
Besides the stable logistics business, Tiong Nam possesses upside
catalysts from potential REIT listing
and unlocking of land bank value
via its niche in industrial property
development.
We value the group’s logistics
services and warehousing business
separately to reflect its potential to
unlock warehousing assets through
REIT listing. Our sum-of-parts-driven TP is RM2.07. — Hong Leong
Investment Bank Research, July 11
2016A
2017E
2018E
573
157
50
55
13.0
11.9
1.0
4.2
13.7
3.2
618
170
115
55
13.0
11.8
0.9
4.2
12.3
2.1
656
180
116
65
15.4
10.0
0.9
4.6
13.2
2.5
Fintech revolution set to shape local banking sector
Four local banks including RHB Bank
are leading the charge in embracing
technology to expand their customer
reach and increase their presence in the
digital world. The Edge file photo
Banking sector
Maintain overweight: The financial technology (fintech) revolution
has been unstoppable and is set
to shape the Malaysian banking
sector in the years to come. While
Bank Negara Malaysia will release
its concept paper for the regulation
for fintech in July 2016, we are presenting our views on its impact on
banks based on our preliminary
analysis. While fintech would help
banks to expand customer reach
and improve operating efficiencies,
the fintech revolution could also
create a new breed of non-financial
institution competitors for banks.
In our view, the digital revolution
would have a relatively smaller negative impact on banks compared to
other industries (like retailers and
taxi drivers). This is because: i) the
financial services sector is highly
regulated and capital-intensive; ii)
financial transactions involve higher
amounts of money, and hence customers prefer to deal with trusted
parties; lack of control could lead
to fraud and iv) fintech companies
may not have the expertise to assess
and control credit and other risks.
Based on the business models
of existing fintech companies, most
seem to focus on the consumer
loan segment. In Malaysia, consumer loans account for 57.4% of
the industry’s total loans. However,
not all the consumer banking business is at risk because the propositions of fintech companies are
normally more appealing to the
lower-income groups. Based on our
understanding, Malaysian banks’
exposures to these customers are
generally small.
Four local banks, namely,
Maybank, CIMB, RHB Bank, and
Hong Leong Bank are leading the
Breakdown of the banking
industry’s total loans in Apr 16
Business
& others
43%
Consumer
57%
Sources: Bank Negara Malaysia
charge in embracing technology to
expand their customer reach and
increase their presence in the digital world. The first three of the afore-
mentioned banks have even started bootcamp-type programmes to
identify fintech companies they
can work with. These first movers
should see a smaller impact from
the onslaught of fintech companies,
or even benefit from the fintech
revolution.
We continue to overweight Malaysian banks given the expected
earnings recovery in 2016 and attractive valuations. While we concede that the emergence of fintech
companies would exert some competitive pressure on the banks’ businesses, the impact would only be felt
gradually in the longer term (two to
three years from now). Also, several
banks have taken steps to reduce the
threat posed by fintech companies
by improving their digital banking
capabilities and being involved in
the incubation of fintech companies.
— CIMB Research, July 9
12 H O M E
‘Tighten security to curb
information leaks’
Salleh says 20-month onslaught against Najib is clearly costly
KUALA LUMPUR: Communications
and Multimedia Minister Datuk
Seri Dr Salleh Said Keruak called
for security to be beefed up to curb
information breaches that can potentially threaten national security.
He said it was alarming that confidential information had not only
been sold, but some of it had been
altered or doctored in efforts to
sensationalise issues.
“The main question would be
what else and even more damaging
information have also been sold
that we are not aware of.
“And this puts the security of the
nation at risk, and this is nothing
short of an act of treason,” he said
in a post yesterday entitled “It is
time to plug the breach of security”
on his blog sskeruak.blogspot.my.
Najib proposes
terms for out-ofcourt settlement
of suit
PUTRAJAYA: Prime Minister
Datuk Seri Najib Razak has submitted his proposal containing
the terms of an out-of-court
settlement of the defamation
suit he has filed against Harakahdaily over 1Malaysia Development Bhd (1MDB).
Najib’s lawyer Datuk Mohd
Hafarizam Harun said yesterday
the proposal for an out-of-court
settlement of the suit was submitted to Harakahdaily on July 4.
He said the court, however,
had fixed July 26 for another case
management on the matter because the counsel representing
Harakahdaily needed time to get
instructions from their client relating to the terms of settlement.
Mohd Hafarizam did not disclose the terms of the settlement.
The matter was fixed for case
management before Court of
Appeal President Tan Sri Md
Raus Sharif in his chambers yesterday for the parties to inform
the judge on the outcome of the
proposal to settle the case. Lawyers Datuk Takiyuddin Hassan
and Wan Rohimi Wan Daud appeared for Harakahdaily.
Najib sued Harakah managing director Dr Rosli Yaakob and
Harakahdaily chief editor Taufek
Yahya over an alleged defamatory article written by Rosli and
published on Feb 19, 2015.
In his statement of claim,
Najib claimed that the article
portrays him as having misused 1MDB funds and that the
publication of the article was
intended to tarnish his reputation. — Bernama
Salleh said the 20-month onslaught against Prime Minister Datuk Seri Najib Razak, using both
foreign and local blogs and news
organisations, to play up the 1Malaysia Development Bhd (1MDB)
issue as the catalyst to try to oust
Najib was clearly costly.
Salleh said it raised the question
of the rumours that were circulating
a year ago regarding the RM2 billion
in funding that the Anti-Najib Campaign (ANC) was armed with, and
about the RM600 million set aside
to finance the media and online war.
For the record, this allegation
was never denied, he said.
The minister said news portal Sarawak Report had more than once
boasted that it was in possession of
confidential documents, which it
claimed it had received from inside
sources and those close to the investigation, and that these documents
were genuine and original, and that
these inside forces were senior people and held authority.
He said some of this so-called
leaked information had now been
proven false, such as when The Wall
Street Journal admitted that the RM2.6
billion might, in fact, have come from
Arab donors after all.
“This was a huge embarrassment
for [former Prime Minister Tun Dr]
Mahathir [Mohamad] and [the] ANC.
Tun Dr Mahathir Mohamad should
accept that his campaign to discredit
Najib has failed and that all he has
achieved is the ruin of the political
career of all those around him.
“Mahathir has only himself to
blame for what happened to his son
[former Kedah menteri besar Datuk
Seri] Mukhriz [Mahathir],” said Salleh.
He said Dr Mahathir had underestimated Najib and thought that by
attacking him using the 1MDB issue
would bring about his ouster.
“What Mahathir overlooked, or
maybe he thought he can be exempted from, is that Umno has a
certain culture and tradition, and
there is no fast-track rise to power, not even for the son of a prime
minister or ex-prime minister.
“Mahathir thought he was bigger
than Umno, but now he probably
realises that the party is always
bigger than the individual.
“And that has resulted in Mahathir ruining Mukhriz’s political
career,” he said. — Bernama
VANISHING
HERITAGE ...
Fully costumed members
of the Gagung Sarawak
Club in Sibu playing their
part in keeping their
traditional culture alive.
Dressed in the gagung
costume of Iban warriors,
they cater to numerous
requests for appearances
at public events and
receptions. Photo by
Bernama
Stern action awaits bus
companies that fail to
comply with regulations
KUANTAN: Stern action will be
taken against any bus companies which fail to comply with
traffic rules and regulations,
including allowing drivers with
unsettled summonses to drive,
said Transport Minister Datuk
Seri Liow Tiong Lai. Thorough
investigations will be carried
out into all bus companies involved in road accidents during the “Ops Selamat” period,
including the latest incident
which saw an express bus ram
into 10 cars on the PLUS Expressway on Sunday, the minister said after visiting Sekolah
Menengah Chong Hwa Kuantan in Bunut Rendang here yesterday. Liow said this in response to a media report that
the bus driver involved in the
accident on Sunday had nine
unpaid summonses for traffic
offences. — Bernama
MyWatch chairman
remanded for 21 days
under POCA
KUALA LUMPUR: Malaysian
Crime Watch Task Force (MyWatch) chairman Datuk R Sri
Sanjeevan has been remanded
for 21 days, beginning yesterday, under the Prevention of
Crime Act 1959 (POCA). His
lawyer S Prakash told reporters
that Magistrate Ahmad Solihin
Abd Wahid had granted police
the application to remand his
client until July 31. He said he
had objected to the remand application, as he believed it did
not fall under POCA, adding
that the remand could be extended up to 38 days. On Sunday, Bukit Aman D7 principal
assistant director SAC Roslee
Chik told Bernama Sanjeevan
was detained under Section 3
(1) of POCA for alleged criminal intimidation and extortion.
— Bernama
Ninth suspect in Bill Kayong murder case arrested
‘Asem not right platform
for South China Sea issue’
BEIJING: China feels that the upcoming Asia-Europe Meeting (Asem) is
not an appropriate platform to discuss the South China Sea issue nor
should it be included in the meeting’s agenda.
Assistant Minister of Foreign Affairs Kong Xuanyou said although
Asem is an important platform for
leaders from Asia and Europe for dialogue and to deepen cooperation,
the South China Sea issue has no
direct link with Asem.
“As such, Asem is not an appropriate venue for us to discuss the
matter, and it should not be included in the agenda,” he told reporters
here yesterday, in conjunction with
IN BRIEF
China Premier Li Keqiang’s official
visit to Mongolia and attendance at
the 11th Asem Summit.
It was reported that the Permanent Court of Arbitration will rule
today the case of territorial disputes
in the South China Sea, which was
initiated by the Philippines.
Li will pay an official two-day visit
to Mongolia starting tomorrow, upon
the invitation of Mongolian Prime
Minister Jargatulga Erdenebat, and
will also attend the 11th Asem Summit in Ulan Bator from Thursday to
Friday.
Kong said this year’s Asem is a historical event, as it marks the grouping’s 20th anniversary, adding that
the theme, “Partnership for the future through connectivity”, is timely.
He said China hopes Asem will
continue to be a platform for leaders
from Asia and Europe to enhance cooperation and deepen collaboration,
so as to bring benefits to the people
and make plans for Asem’s future
development.
“Asem needs to serve as an effective framework and platform for
Asia and Europe to work together to
address global challenges, increase
cooperation, coordinate resources on
[a] larger scale and find new ways of
cooperation, especially in trade and
economy, as well as in connectivity,”
he said. — Bernama
MIRI: A 27-year-old male suspect has been arrested in connection with the murder of PKR
Miri Branch secretary Bill Kayong, who was shot dead at a
traffic intersection in Lutong on
June 21. Sarawak CID chief SAC
Dev Kumar M M Sree Shunmugam said the suspect was
arrested at 6pm on Sunday, at a
restaurant in Jalan Bendahara,
Miri, and was due to be produced in the Miri Magistrate’s
Court yesterday for remand.
“He is the ninth suspect arrested so far; the other suspects
are currently under custody.
— Bernama
Police tracking temple
vandalism suspects
BALIK PULAU: The Penang police are in the midst of tracking
down those linked to the desecration of statues of Hindu
deities in temples in the state.
State police chief Datuk Abdul
Ghafar Rajab said the police
are currently investigating the
motive behind the crime. —
Bernama
H O M E 13
Say ‘no’ to political funding,
TI-M tells Petronas
‘It is unjustifiable to provide contributions without any favour in return’
BY MEENA L A KSHA NA
KUALA LUMPUR: Transparency International Malaysia (TI-M) lauds
Petroliam Nasional Bhd (Petronas) for
taking the 9th spot among 100 large
state-owned enterprises in emerging
markets for its reporting practices,
saying the company should immediately prohibit political contributions.
TI-M president Datuk Akhbar
Satar also called on the national
oil and gas corporation to disclose
financial data in terms of revenues
and taxes for key subsidiaries, joint
ventures and key associates that
operate in foreign countries.
“Petronas’ policy allows political contributions with certain disclosure, yet it remains ambiguous
and opaque without specifically
naming the politicians or parties
and the amount involved,” he said
in a statement yesterday.
“TI-M opines that Petronas, as
the caretaker of national resources,
should be neutral and non-partisan
in managing the assets and revenues.
“It is unjustifiable to provide
contributions without any favour
in return,” he added.
Akhbar also said country basis
financial disclosure is useful to detect fraudulent activities, minimise
corruption risks and provide greater
public scrutiny.
“We believe this reporting regime
can contribute significantly [to] Petronas to penetrate markets like America and the European Union where
stringent legislation is imposed on
extractive companies,” he added.
Akhbar said Petronas had maintained its index score at 6.3 out of 10
in the latest study on transparency
in corporate reporting conducted by
Transparency International, a reassessment study conducted since 2013.
Akhbar said Petronas’ reporting practices paralleled to those
of Indian public listed companies.
“TI-M lauds the outstanding
voluntary disclosure of Petronas in
both organisational transparency
and reporting on anti-corruption
programmes, awarded 100% and
88% respectively,” he said.
“Petronas also showed a small
improvement in country-by-country
reporting by 0.8% as compared to [the]
previous study in 2013,” he added.
Akhbar said state-owned enterprises like Petronas are often confronted with specific governance
issues due to inherent relations between governments and the company, including political interference.
“Corruption risks arise from the
complexity of accountability chain,
favouritism and unfair procurement
practices,” he added.
It should be noted that Petronas
was caught in the middle of an alleged corruption exposé on Monaco-based firm Unaoil in April.
In a series of exposés on Unaoil —
a firm that allegedly helps multinational corporations win contracts in
areas of the world where corruption
is common — US online newspa-
per Huffington Post and Australia’s
Fairfax Media had reported that Unaoil had bribed Petronas executives
to rig a large contract in oilfields in
the south of Iraq that Petronas was
managing in 2010.
Unaoil’s client was British oil services firm Petrofac, The Age daily in
Melbourne reported.
The report stated that leaked emails
had revealed that Unaoil agreed to
pay millions of dollars to a Malaysian
middle man who claimed he could
influence a top Petronas executive
and other Malaysian officials in 2010
for Petrofac to qualify for the contract.
In response, Petronas said it
takes the allegations “very seriously” and it had zero-tolerance policy
against bribery and corruption.
Melaka monitored
for safety purposes
JASIN: The Melaka government has
always worked hand in hand with the
Royal Malaysian Police to constantly
monitor tourist spots in the state to
ensure they are free from any terror
threat, especially the Islamic State
militant group.
The deputy chairman of its tourism and river, beach and island development committee, Datuk Ghazale Muhamad, said such measures
are ongoing, and the surveillance
includes entry points into the state.
“I have checked with the state
police chief on the terrorism situation in Melaka and so far, everything
is safe,” he told reporters when met
at the Rim-level state constituency
Aidilfitri Open House here yesterday. — Bernama
on web + mobile
STRATEGIC ALLIANCE ...
Taylor’s University and Veritas Design
Group representatives mark the signing
of a memorandum of understanding
for enhancing the learning experience
of architecture, design and quantity
surveying students at the university
in Subang Jaya recently. (From left)
Taylor’s University dean of the School
of Architecture Tony Liew, acting
vice-chancellor and president Dr Jon
Whitmore, group president of Veritas
design group David Hashim and
principal of Veritas design group Azif
Md Nasaruddin. Photo by Taylor’s
University
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14 C O M M E N T
Lessons from developing world
Why advanced economies need to learn policy from such nations
BY
MOHAMED A EL-ERIAN
S
ince the onset of the global financial crisis, I have
pointed out that advanced
economies should learn
policy lessons from the experience of the developing
world. This argument has been reinforced by two developments last
week: the destabilisation of the pound
after the Brexit vote in the UK, and
indications that the US now has less
influence over the yield curve for its
government bonds.
For decades, three key beliefs have
structured our understanding of the
economic and financial underpinnings of most advanced countries:
that underlying structural forces had
matured into understandable, transparent and very gradual drivers of
change; that institutions were stable and well-functioning; and that
these two solid foundations could
withstand the vagaries of short-term
political cycles. This meant that advanced economies were believed to
inhabit an analytical “cyclical space”,
where secular and structural changes
occurred extremely slowly.
Even the dynamics of the business cycle were perceived to be conquerable, giving raise to the notion
of persistent “goldilocks” (neither
too hot, nor too cold) economies
and a “great moderation”.
This framework, however, has
proved both misleading and dangerous, particularly as it played
down or ignored four important
underlying developments.
1) The ever-increasing levels of debt
and leverage needed to maintain
the sense of economic and financial stability, however superficially.
2) Greater and more distorting malinvestment in artificial rather
than genuine drivers of growth
and prosperity.
3) A worsening trifecta of inequality
(income, wealth and opportunity).
4) Growing political polarisation
that fuels and is fuelled by a widening distrust of the political
establishment, business elites
and expert opinion.
It is clear that over the preceding
decade, structural foundations of
advanced countries started to revert
to features that are more prevalent
in emerging economies, particularly those with weak institutions,
insufficiently deep economic and
financial underpinnings, fluid social fabrics and messy politics.
Yet much of the decision-making
mindset continued to cling to a cyclical understanding of the economy.
Excessive reliance on a cyclical
approach is the main reason that
analysis and policymaking in advanced economies have disappointingly lagged reality, especially in the
aftermath of the global financial crisis.
This also explains why most
Western governments have been
let down repeatedly by economic outcomes, why they frequently
have been forced to revise their
expectations downward and why
outcomes have so often fallen short
of even these lowered expectations.
Consistently disappointing economic conditions also have fuelled
political polarisation, which, in
turn, has complicated economic
management.
It is no wonder that advanced
economies have experienced the
kind of events that are unfamiliar (and
in some cases, deemed improbable
or even unthinkable), but are quite
common in the emerging world. The
most striking of these include:
• The stubbornly persistent new
normal of unusually sluggish economic growth despite huge monetary policy stimulus.
• High levels of underemployment
and/or unemployment.
• The risk that an alarming number
of young people could go from
being unemployed to joining the
ranks of the unemployable.
• The eurozone’s debt crisis.
This is why officials from advanced economies would be
well-advised to be more open to the
lessons from the developing world.
Indeed, last week provided yet more
illustrations of the unusually fluid
structural conditions in the West
and, therefore, the need for greater
intellectual and analytical curiosity.
The shock Brexit vote brought
volatility to the pound, unanchored
by fluidity in both the current and
capital accounts of the UK’s balance
of payments. It suddenly introduced
structural complexity to the UK’s
commercial relationships with its
most important trading partners,
which, combined, also constitute
the largest economic area in the
world. Simultaneously, a central
attraction for companies to set up
shop in the UK — the ability to
serve the whole European Union —
also is in play. This raises questions
about the future of foreign interests
implanted in Britain and, more immediately, will slow inflows of direct
investment and portfolio capital.
This kind of uncertainty, which is
more common to developing than
advanced economies, can severely destabilise the currency. What is
more, these developments are taking
place as the Bank of England — unusually — lacks feasible and effective
interest-rate measures to stabilise its
foreign-exchange markets.
The US also finds itself in an
unusual situation, though it is a
lot less extreme.
As a large country, the US traditionally has had control over both
its economic and financial destinies. Although it still can determine its economic future, it has
less control when it comes to the
yield curve on its Treasuries, which
has been exceptionally subject to
influences from abroad.
The consequence is that neither
the level of US interest rates nor the
relative valuations of various Treasury bond maturities is now closely
linked to domestic economic fundamentals. That means the US Federal Reserve must spend an unusual
amount of time assessing external
developments and the way they affect domestic variables.
None of these developments
is likely to go away soon. In fact,
we are likely to see an even longer
list of improbables and unthinkables come to pass in the advanced
world. And Western policymakers
will have an even more urgent need
to supplement their conventional
economic understanding with insights from the experiences of the
developing world. — Bloomberg
This column does not necessarily
reflect the opinion of the editorial board or Bloomberg LP and its
owners.
Why IS persists and what needs to be done
BY JEFFREY SACHS
DEADLY terrorist attacks in Istanbul,
Dhaka, and Baghdad demonstrate
the murderous reach of the Islamic
State (IS) in Europe, North Africa, the
Middle East, and parts of Asia. The
longer IS maintains its strongholds in
Syria and Iraq, the longer its terrorist
network will create such carnage. Yet
IS is not especially difficult to defeat.
The problem is that none of the states
involved in Iraq and Syria, including
the US and its allies, has so far treated
IS as its primary foe. It is time they do.
IS has a small fighting force, which
the US puts at 20,000 to 25,000 in Iraq
and Syria, and another 5,000 or so
in Libya. Compared to the number
of active military personnel in Syria
(125,000), Iraq (271,500), Saudi Arabia
(233,500), Turkey (510,600), or Iran
(523,000), IS is minuscule.
Despite US President Barack Obama’s pledge in September 2014 to
“degrade and ultimately destroy” IS,
the US and its allies, including Saudi
Arabia, Turkey, and Israel (behind the
scenes), have been focusing instead
on toppling Syria’s Bashar al-Assad.
Israel opposes IS, but Israel’s
greater concern is Assad’s Iranian backing. Assad enables Iran to
support two paramilitary foes of
Israel, Hezbollah and Hamas. Israel
therefore prioritises the removal of
Assad over the defeat of IS.
For the US, steered by neoconservatives, the war in Syria is a continuation of the plan for global US
hegemony launched by Defence
Secretary Richard Cheney and Under Secretary Paul Wolfowitz at the
Cold War’s end. In 1991, Wolfowitz
told US General Wesley Clark: “But
one thing we did learn [from the
Persian Gulf War] is that we can use
our military in the region — in the
Middle East — and the Soviets will
not stop us. And we have got about
five or 10 years to clean up those old
Soviet regimes — Syria, Iran (sic),
Iraq — before the next great superpower comes on to challenge us.”
The multiple US wars in the Middle East — Afghanistan, Iraq, Syria,
Libya, and others — have sought to
remove the Soviet Union, and then
Russia, from the scene and to give
the US hegemonic sway. These efforts have failed miserably.
For Saudi Arabia, as for Israel, the
main goal is to oust Assad in order
to weaken Iran. Syria is part of the
extensive proxy war between Shi’ite
Iran and Sunni Saudi Arabia that
plays out in the battlefields of Syria
and Yemen, and in bitter Shi’ite-Sunni
confrontations in Bahrain and other
divided countries in the region (including Saudi Arabia itself).
For Turkey, the overthrow of Assad would bolster its regional stand-
ing. Yet Turkey now faces three foes
on its southern border: Assad, IS,
and nationalist Kurds. IS has so far
taken a back seat to Turkey’s concerns about Assad and the Kurds.
But IS-directed terrorist attacks in
Turkey may be changing that.
Russia and Iran, too, have pursued their own regional interests,
including through proxy wars and
support for paramilitary operations.
Yet both have signalled their readiness to cooperate with the US to
defeat IS, and perhaps to solve other
problems as well. The US has so far
spurned these offers, because of its
focus on toppling Assad.
The US foreign-policy establishment blames Russian President
Vladimir Putin for defending Assad,
while Russia blames the US for trying
to overthrow him. These complaints
might seem symmetrical, but they are
not. The attempt by the US and its allies to overthrow Assad violates the
UN Charter, while Russia’s support of
Assad is consistent with Syria’s right of
self-defence under that charter. Yes,
Assad is a despot, but the UN Charter
does not give licence to any country
to choose which despots to depose.
The persistence of IS underscores
three strategic flaws in US foreign
policy, along with a fatal tactical flaw.
First, the neoconservative quest
for US hegemony through regime
change is not only bloody-minded arrogance; it is classic imperial
overreach. It has failed everywhere
the US has tried it. Syria and Libya
are the latest examples.
Second, the CIA has long armed
and trained Sunni jihadists through
covert operations funded by Saudi
Arabia. In turn, these jihadists gave
birth to IS, which is a direct, if unanticipated, consequence of the
policies pursued by the CIA and
its Saudi partners.
Third, the US perception of Iran
and Russia as implacable foes of
America is in many ways outdated and a self-fulfilling prophecy. A
rapprochement with both countries
is possible.
Fourth, on the tactical side, the
US attempt to fight a two-front war
against both Assad and IS has failed.
Whenever Assad has been weakened, Sunni jihadists, including
IS and al-Nusra Front, have filled
the vacuum.
Assad and his Iraqi counterparts
can defeat IS if the US, Russia, Saudi
Arabia, and Iran provide air cover
and logistical support. Yes, Assad
would remain in power; yes, Russia would retain an ally in Syria;
and yes, Iran would have influence
there. Terrorist attacks would no
doubt continue, perhaps even in
the name of IS for a while, but the
group would be denied its base of
operations in Syria and Iraq.
Such an outcome would not only
end IS on the ground in the Middle
East; it could lay the groundwork
for reducing regional tensions more
generally. The US and Russia could
begin to reverse their recent new
cold war through shared efforts
to stamp out jihadist terrorism.
(A pledge that Nato will not offer
admission to Ukraine or escalate
missile defences in Eastern Europe
would also help.)
There is more. A cooperative approach to defeating IS would give
Saudi Arabia and Turkey reason and
opportunity to find a new modus
vivendi with Iran. Israel’s security
could be enhanced by bringing
Iran into a cooperative economic
and geopolitical relationship with
the West, in turn enhancing the
chances for a long-overdue twostate settlement with Palestine.
The rise of IS is a symptom of the
shortcomings of current Western
— particularly US — strategy. The
West can defeat IS. The question
is whether the US will undertake
the strategic reassessment needed
to accomplish that end. — Project
Syndicate
Jeffrey D Sachs is professor of sustainable development, professor of
health policy and management,
and director of the Earth Institute
at Columbia University. He is also
director of the UN Sustainable Development Solutions Network.
British retail
sleepwalks
into Amazonageddon
BY C A ROL RYA N
LONDON: Britain’s economic
problems could be a decisive
moment in the online land
grab. Real-world stores are burdened with poor demand, too
much property and thinning
profit. Amazon, meanwhile, is
hiring 1,000 UK staff and pushing into fashion and groceries.
The US tech giant has its
sights trained on the UK market. Of the €15 billion (RM66
billion) Amazon has invested
in Europe since 2010, a third
has been in Britain. The company’s Prime Now one-hour
delivery service is now available to nearly a third of the UK
population, and it has taken
on the British grocery sector
with its AmazonFresh online
food service. It also opened a
46,000 sq ft photography studio in East London last year as
part of an online fashion push.
Major food retailers like Tesco and
J Sainsbury have
been cutting prices,
effectively forgoing
profit in order to win
market share.
China’s pension readies
for market foray
NCSSF to deploy funds from retirement savings managers in 2H
BY JUSTINA LE E
HONG KONG: China’s pension
funds are about to become stock
investors.
The country’s local retirement
savings managers, which have
about two trillion yuan (RM1.2
trillion) for investment, are handing over some of their cash to the
National Council for Social Security
Fund (NCSSF), which will oversee
their investments in securities including equities. The organisation
will start deploying the cash in the
second half, according to China
International Capital Corp Ltd and
CIMB Securities.
Chinese policymakers announced the change last year in
a bid to boost yields for a pension
system that has long suffered low
returns by limiting its investments
to deposits and government bonds.
For the nation’s equity markets
— which are dominated by retail
investors and among the world’s
worst performers this year — the
state fund’s presence is even more
valuable than its cash, said Hao
Hong, chief China strategist at Bocom International Holdings Co Ltd.
The NCSSF has “such a good
reputation in being a value investor
that if it takes the lead, the signalling
effect is actually quite strong,” said
Hong, who had predicted the start
and peak of China’s equity boom
last year. “It’s almost like Warren
Buffett saying he is buying a stock.”
The NCSSF, which oversees 1.5
trillion yuan in reserves for China’s
social security system, has returned
an average 8.8% a year since 2000,
the Securities Daily reported earlier this year, citing official data.
The larger pension system, on the
other hand, has been locally managed and made just 2.3% annually
through 2014, the newspaper said.
The organisation’s entry will
come as Shanghai stocks begin a
gradual recovery that has pared
their losses for the year to 16% from
as much as 25%. While yuan depreciation concerns are pressuring
Chinese assets lower, the economy
is showing some signs of stabilising. The nation’s foreign exchange
reserves unexpectedly climbed in
June in a sign of slowing outflows,
while a measure of services rose.—
Bloomberg
Line prices IPO at top of range in
year’s biggest tech debut
BY YUJI NAKAM U RA, TAK AS HI AM ANO & PAV EL ALP E Y E V
The strategy is working. Amazon’s UK sales have grown at
an average rate of 11% annually
between 2013 and 2015. It may
have won a quarter of all the
growth in UK non-food retail
sales last year, according to UBS
estimates. Major food retailers
like Tesco and J Sainsbury have
been cutting prices, effectively
forgoing profit in order to win
market share. Amazon, which
lacks store rental costs, can afford to join in that game very
aggressively.
To say the UK high street
doesn’t need the hassle is an
understatement. The weakening pound will push up dollar-denominated Asian sourcing costs, as flagged by John
Lewis, Marks & Spencer, Primark and Sports Direct this
week. Tesco and Sainsbury’s
are wrestling with the problem of having large stores in
out-of-town locations, where
what they want is more small
stores in urban centres.
Is the online assault good for
Britain? Consumers may welcome the low prices. Shop prices of food and non-food goods
have fallen for 37 consecutive
months. But the British Retail
Consortium estimates 900,000
retail jobs will be gone by 2025
— around a third of the current
total. An extra 1,000 jobs in online retail don’t really change
the fact that the shift to e-commerce will create winners but
also many losers. — Reuters
W O R L D B U S I N E S S 15
TOKYO: Japan’s Line Corp set the
price of its initial public offering
(IPO) at the top of the targeted
range and will exercise an option
to sell more stock as investors shrug
off market volatility caused by the
Brexit decision.
The mobile messaging service,
owned by South Korean portal Naver Corp, will sell 35 million shares at
¥3,300 (RM129) apiece, the company said yesterday. It will also sell 5.25
million shares through a so-called
greenshoe allowing it to increase the
amount of stock sold, boosting the
total raised to ¥132.8 billion.
Line announced plans for the IPO
weeks before the UK held its vote to
leave the European Union, a decision that unleashed market volatility
across the world’s equities and currencies. At the IPO price, the company is valued at about US$6.9 billion
(RM27.5 billion) and will be the biggest technology debut of the year.
“There’s a lot of hope for Line’s
future as a media platform,” said
Hiroshi Naya, an analyst at Ichiyoshi Research Institute Inc in To-
kyo. “We’ve pretty much solidified
which smartphone services we use
and which ones we don’t, and Line
has really established itself as something a lot of people use everyday
for communication,”
Line is now gearing up for a battle with far larger rivals such as
Facebook Inc and Tencent Holdings Ltd as it looks to expand its
218 million user base beyond its
strongest markets of Japan, Taiwan
and Thailand. It plans to use the
proceeds to spearhead an expansion across Asia and eventually the
US. — Bloomberg
‘Airbus to close US$7.5b A320neo deal from GoAir’
BY ANDREA ROTHM AN
& ANURAG KOTO K Y
TOULOUSE/NEW DELHI: Airbus
Group SE is in discussions with
Go Airlines India Pvt regarding
the purchase of about 70 A320neo
planes worth around US$7.5 billion
(RM29.92 billion) at list prices, according to people familiar with the
situation.
An announcement could come
as early as this week at the Farnborough Air Show in England, though
talks may extend further into the
year, said the people, who asked
not to be identified because the
negotiations are ongoing.
GoAir is one of only three carriers that have begun operating the
revamped Neo version of Airbus’
single-aisle jet, so a follow-on order
would provide a vote of confidence
in a model that’s been dogged by
IN BRIEF
Rolls-Royce to buy
remainder of engine
components business
BERLIN/LONDON: RollsRoyce Holdings plc said it
has agreed to buy the stake it
doesn’t already own in Industria de Turbo Propulsores SA
(ITP) for €720 million (RM3.17
billion) to strengthen its position in the service market for
its largest engines that power
Airbus and Boeing jets. The UK
manufacturer is buying the
remaining 53.1% from Sener Grupo de Ingeniería SA,
which exercised a put option, it
said in a statement yesterday.
ITP is based in Bilbao, Spain,
and employs more than 3,000
people, who work with RollsRoyce on its Trent engines, in
particular low-pressure turbines, according to the companies. — Bloomberg
Takata rises as airbag
maker said to contact
potential bidders
SOUTHFIELD/TOKYO: Takata
Corp rose the most in a week
after people familiar with the
matter said the scandal-stricken airbag maker is reaching out
to as many as 20 possible buyers in an effort to narrow down
a list of suitors. Takata is working on restructuring the company and is open to a sale to a
private equity partner, a parts
supplier or a combination, the
people said, asking not to be
named because the matter is
private. Takata rose as much
as 4.3% and traded up 2% as
of 11.12am in Tokyo trading,
as the benchmark Topix index
gained 3.4%. — Bloomberg
Nintendo shares extend
surge on Pokemon
mobile game hopes
TOKYO: Shares in Japan’s
Nintendo Co soared more
than 20% after last Friday’s
surge, adding US$7.5 billion
(RM29.92 billion) to its market value in just two days, on
hopes that strong sales of its
new Pokemon GO videogame
for smartphones will boost
earnings. Nintendo shares
were up 23% at 0225 GMT
yesterday at ¥19,960 (RM781)
in heavy trading after earlier
rising as high as ¥20,190, their
highest since November. —
Reuters
LafargeHolcim to sell
India unit to Nirma for
US$1.4b
Filepic of an Airbus A320neo taking off in Colomiers near Toulouse, France.
Photo by Reuters
issues with its Pratt & Whitney turbines since last year. The Indian
carrier is expanding its fleet in the
world’s fastest-growing major aviation market where at least seven
other budget airlines operate.
Air travel in India grew more
than 20% in 2015, compared with
10% in China and less than 5% in
the US, the International Air Trans-
port Association said in a December
presentation.
GoAir already has a contract for
72 A320neos, two of which have
been delivered, after announcing a deal for the jets in 2011. The
new batch would again use Pratt
engines, rather than a competing
power, according to the people. —
Bloomberg
GENEVA: LafargeHolcim
Ltd agreed to sell an Indian
building-materials business
to Nirma Ltd for an enterprise
value of about US$1.4 billion
(RM5.89 billion) as the world’s
biggest cement company trims
assets to help pay down debt.
The unit operates three cement plants and two grinding
stations with capacity to produce about 11 million tonnes
per year, LafargeHolcim said
in a statement yesterday. —
Bloomberg
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Best-in-class funds
Uneasy calm has returned to financial markets since Brexit shock. Time to get back into stocks?
BY C H A N JI A N M ING & JULIANA ALM EIDA
A
s the outcome of the UK’s referendum on the European Union became apparent in the early hours of June 24 in Singapore,
global financial markets looked
like they were on the brink of
a meltdown. The prospect of reduced GDP
growth in the UK and EU, and the possibility
of “Eurosceptic” factions in other EU nations
making things worse by plotting exit strategies of their own, not to mention the continued possibility of a US rate hike, looked set
to heighten volatility for the rest of this year.
In barely a week, however, an uneasy calm
seems to have returned. The CBOE Volatility
Index (VIX), commonly known as the “fear
gauge”, which jumped 49% to 25.8 on June
24, has since fallen more than 40% to 14.8.
Investor appetite for risk assets also appears
to have improved. The Standard & Poor’s 500
index has charged back to pre-Brexit levels,
while European equities have recouped more
than half of their losses.
Curiously, traditional safe-haven assets
are also still very much in demand by investors. For instance, the price of gold has risen
6.7% since June 23, and hit a 27-month high.
This year, the precious metal is up nearly 30%.
The Japanese yen, which is widely viewed as
a safe haven in the currency space, is trading at about 102 to the US dollar, with some
traders calling for it to strengthen below the
100 mark, despite speculation that the Bank
of Japan may intervene. Meanwhile, investors are also piling into US Treasury bonds,
which are seen as the safest of financial assets. In fact, yields on benchmark 10-year
Treasuries hit record lows on July 1.
So, what is an investor to do? Singapore
offers a rich universe of actively managed
open-ended funds through which just about
any broad investment view can be expressed.
However, with over a thousand actively managed primary funds and nearly 6,000 share
classes, the choice can be overwhelming.
And, with individual funds, the disclaimer
that past performance is not a guarantee of
future performance is, unfortunately, often
true. The departure of a fund manager or loss
of efficacy of an investment style is among
many factors that can disrupt a fund’s returns.
That said, there are useful metrics that
can help improve the odds of picking longterm outperformers. Using Morningstar
Direct’s data, we filtered the available funds
in Singapore for those with stable and experienced management that have succeeded
in outperforming their benchmarks without
taking more than moderate risk and charging no more than average fees.
Specifically, the hurdles are:
• That a fund charges no higher than the
average expense ratio among peers in the
same category. Being competitive on costs
helps boost returns over time;
• That a fund’s risk is average or below
average compared with peers in the same
category. Risk is measured by Morningstar’s
Overall Risk Rating;
• That the fund’s managers have been in
charge for at least five years, thus providing
a track record that has been tested through
a full investment cycle;
• That a fund is a top-quartile performer
in its Morningstar category over three years.
This means it has outperformed 75% of its
global peers over this period; and
• That a fund has outperformed its benchmark over three years, which shows up in
a positive alpha. The higher the alpha, the
better a portfolio manager.
All in, we have come up with 21 “best-inclass” funds across various sectors, spanning
those that have been beaten down in recent
months and those that have suffered a long
period of underperformance to those that
have been advancing on a wave of optimism.
Institutional share classes were omitted so
that what is captured is accessible to individual investors. Investment categories
in which the funds available in Singapore
did not pass these hurdles were excluded.
Where more than one fund from an investment category made the cut, the fund with
the highest alpha was selected.
Funds with the highest alpha may not necessarily have delivered huge raw performance
over the last three years if their investment
category did not perform well. Conversely,
some of the raw performance of funds with
high alphas that were focused on hot sectors
probably was not a result of the manager’s skill.
As the saying goes, “A rising tide lifts all boats”.
Best on India:
PineBridge India Equity
One market in which the tide has been rising
fast over the past year is India. Amid tepid
global growth, India is forecast to be one of
the fastest-expanding and resilient large economies. Low oil prices, pro-business reforms
and the economy’s domestic orientation are
positive tailwinds for Indian companies.
Navigating India best has been the $1.4 billion PineBridge India Equity fund. The fund’s
A5CP share class is approved under the CPF
Investment Scheme (CPFIS). The fund’s cumulative returns of 78% over three years outstrip its
benchmark MSCI India’s 24% gain. This places
the fund in the top 5% of 314 peers. Indeed, the
fund has generated the highest alpha relative
to other best-in-class funds. Total assets have
grown 11% over the past year, helped by net
inflows of S$124 million.
The PineBridge India fund has been managed by Elizabeth Soon since 2011 and is also
advised by Mumbai-based Huzaifa Husain,
head of equity, India. Soon and Husain each
have more than 10 years of industry experience. Highlighted previously in Personal
Wealth (June 13), the fund’s portfolio is positioned to benefit from India’s push to improve
rural income and infrastructure under the
country’s 2016-17 budget. Top holdings are
Indian IT giant Infosys (8.8%), cement manufacturer Shree Cement (8.4%) and technology services company Wipro (8.1%). Unlike
other Indian equity funds, Pinebridge India
has maintained low exposure to India’s banks,
which face rising bad loans and a March 2017
deadline to clean up their balance sheets.
There are risks to India’s outlook, though.
“As the domestic services industry is now
being opened up to global competition,
one needs to be careful about the names
one chooses to invest there,” says Husain.
“A further consideration is the cost of capital for heavily leveraged companies, which
has risen significantly, and hence it is best to
avoid them,” he adds. Additionally, the pending departure in September of Raghuram
Rajan, the well-respected Reserve Bank of
India governor, has also resulted in some
uncertainty as to the pace of reforms.
Best on EM small caps:
Templeton Emerging Markets
Smaller Companies
While India has been drawing investors, most
of the emerging market (EM) space has been
rather lacklustre. But some luminaries in this
field figure things are turning around. “Emerging markets in general have been underperforming for the last three years, mainly because
money has been drawn to the US stock market because of its good performance and also
because of the stronger US dollar, which has
drawn money in the face of the possibility of
higher US interest rates,” says Mark Mobius,
executive chairman, Templeton Emerging
Markets Group at Franklin Templeton Investments. “Now, that situation is changing as the
US stock market tops out and as the US dollar
weakens against a number of EM currencies.”
The S$659 million Templeton Emerging
Markets Smaller Companies fund managed
by Mobius focuses on small-cap companies
across 23 EM countries. A top performer in
its category, cumulative returns of 19% in the
past three years far outstrip the 2.3% fall in the
MSCI Emerging Markets Small Cap benchmark. This performance ranks the fund in the
top 5% of 100 peers. Total assets have grown
8.3% over the past year, drawing in S$115 million. Also on the team since the fund’s launch
in October 2007 are Singapore-based Dennis
Lim and Tom Wu in Hong Kong.
Investments in India, Turkey and Pakistan
helped fuel the fund’s outperformance over
the past year. In fact, Indian stocks made up
six of the fund’s top 10 holdings as at May 31.
The fund’s 20% allocation to India is nearly
twice the MSCI benchmark’s weight. China,
Taiwan and South Korea are underweighted. Top stockholdings include India’s Bajaj
Holdings and Investment (4.3%), Federal
Bank (2.3%) and Tata Chemicals (2.3%). By
sector, healthcare, F&B as well as pharmaceuticals spurred the fund’s performance,
while autos and insurance weighed it down.
Within EMs, Mobius points out that small
caps are looking cheap not only against valuations in developed markets but also those
of their large-cap competitors. “As money
returns to EM stocks, the initial emphasis
will be on large-cap stocks, but we expect it
will quickly gravitate to small- and mid-cap
stocks,” he says.
Best on Europe small caps:
Parvest Equity Europe Small Cap
What about Europe? Is the Brexit panic an
opportunity to jump in? Or, is there more
pain to come? Neither the timing of the UK’s
departure nor the trading terms between the
EU and the UK, the bloc’s second-largest
economy, have been clarified, nor are they
likely to be for some time. Paradoxically,
confidence that the status quo will not immediately change appears to have aided a
rebound. After an initial sell-off, European
markets have recouped most of their losses.
For brave investors mulling over buying opportunities in Europe, the S$2.9 billion Parvest
Equity Europe Small Cap fund is a possible
candidate. Over three years, its total returns
of 54% are ahead of the 44% rise in the MSCI
Europe Small Cap index. The typical universe
the fund invests in is the smallest 10% to 15%
of companies by market capitalisation in 15
developed markets in Europe. At 35.5%, the
UK occupies the largest weight in the fund.
Data provider Morningstar actually
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FO CU S 17
European markets have recouped most of their losses
classifies the Parvest Equity Europe fund
in its Europe mid-cap category, instead of
Signals crossed?
the small-cap category. This is based on
Low volatility returns, yet safe havens are in demand
the fund’s holdings being closer in size to
Morningstar’s mid-cap definition. Against
the 124 peers in this mid-cap category, the
Expectations of future volatility have fallen post-Brexit
Yen continues to strengthen against the US$
Parvest Equity Europe fund ranks third.
The fund is overweight materials and consumer stocks. Its top stockholdings include
paper-based packaging company Smurfit
Kappa (2.8%), IT-company Micro Focus
INTL LS-10 (2.7%) and Finnish disposable
packaging manufacturer Huhtamaki (2.7%).
The fund has also maintained relatively low
exposure to European financials, which have
mostly underperformed this past year owing to the impact of negative interest rates.
Gold has risen nearly 30% this year
US 10-year Treasury yields are at record lows
The fund has been managed by Damien
Kohler since 2008. Kohler has 17 years’ experience covering European equities and is
currently the chief investment officer of the
European small- and mid-cap equities team
at Paris-based BNP Paribas Asset Management. On Brexit’s impact on UK stocks, Kohler
says, “We will assess their risks [and notably
the impact Brexit may have on corporates’
business model] and will act [if needed] on
tangible ground and not on ‘panic’ mode. It
is likely that UK importing companies and UK
domestic cyclical companies will suffer. We Hong Kong-based portfolio manager Martin a foothold in more than 20 countries, two ad- the company’s lack of innovation.
shall remain cautious about these sectors.” Lau. Rated gold by Morningstar, the fund is ditional manufacturing plants and more than
The fund is currently overweight India
in the top 10% of 635 peers in Morningstar’s 1,000 additional employees.”
and underweight China, South Korea and
Best on Asia-Pacific ex-Japan:
Asia-Pacific ex-Japan equity category. The fund’s
Apart from CSL, other top holdings in the commodity-dependent Australia. Going
First State Dividend Advantage
returns of 21.5% compares to its benchmark’s fund include semiconductor giant Taiwan forward, the emphasis will be on capital
Investors looking for less volatility could 5.8% gain. Total assets have grown 3.7% this Semiconductor (5%) and Hong Kong con- preservation as valuations in Asia-Pacific,
turn to the S$1.9 billion First State Dividend past year, helped by inflows of S$228 million. glomerate CK Hutchison Holdings (3.6%). especially of quality companies, are looking
Advantage fund. The fund, which is CP“One of the top contributors to performance Lau says China has “unsurprisingly” de- relatively expensive, says Lau. But the longFIS-approved, focuses on stocks that offer over the past 12 months was CSL,” says Lau. tracted from performance. “In particular, term outlook for the region is still positive,
high dividend yields and long-term capi- CSL is an Australian healthcare company. “The consumer staple companies China Meng- he adds. “We believe Asia has much to gain;
tal appreciation in Asia-Pacific ex-Japan. company last year completed its acquisition niu and Want Want struggled as weak de- as a team, we continue to invest on a botThe region covers four developed markets of Novartis’ influenza vaccine business to be- mand and greater competition from foreign tom-up basis, seeking quality businesses that
(Australia being the largest) and eight EMs. come one of the largest flu vaccine suppliers brands impacted business performance.” we can buy and hold over the long term.”
Since 2004, the fund has been helmed by in the world. The purchase provides CSL with Lau has since divested Want Want, citing
CON T I N U ES ON PAGE 18
Best-in-class funds
FUND NAME
MORNINGSTAR CATEGORY
PineBridge India Equity A5CP
Templeton EM Mkts Smlr
Coms W Acc£
Parvest Equity Europe
Small Cap P C
Neuberger Berman China
Equity USD A Acc
Fidelity China Consumer
Y Acc USD
Parvest Equity Japan Small Cap P
BGF European Special
Situations A2 EUR
Fidelity Emerging Markets
A-Acc-USD
Franklin MENA A Acc EUR
Henderson Horizon Pan Eurp
Eq A2 USD
Fidelity Emerging Asia Y-Acc-USD
Fidelity EMEA Y-Acc-USD
BGF New Energy A2 USD
BGF European Equity Income A2
Schroder ISF US Sm & MdCp
Eq A USD
First State Global Infrastructure
Schroder Singapore Trust A
Pimco GIS Global Hi Yld Bd
M Retl $ Inc
Franklin Gold & PM A Acc USD
Wells Fargo (Lux) WF-US Hi
Yld Bd Z$ Acc
India equity
Global emerging markets small/
mid-cap equity
Europe mid-cap equity
China equity
Asia-Pacific ex-Japan equity
Greater China equity
FUND SIZE
($ MIL)
ALPHA
RETURNS AS AT END-MAY (%)
PERCENTILE
RANK
NUMBER
OF PEERS^
1-YEAR NET
FLOWS ($ MIL)
MORNINGSTAR
RISK RATING
OVERALL
MORNINGSTAR
FEE LEVEL —
DISTRIBUTION
3-YEAR
YTD
1-YEAR
3-YEAR
3-YEAR
1,377
12.6
-1.1
2.2
21.2
3
314
END-MAY 2016
124
Average
Average
659
2,892
6.7
6.6
-2.3
-2.3
-10.4
2.7
6.0
15.5
4
2
100
124
115
415
Average
Average
Below average
Below average
847
5.6
-11.1
-21.8
9.1
4
368
-45
Below average
Average
1,857
1,930
4.6
4.0
-1.5
-5.7
-5.8
-19.0
6.7
8.3
6
10
635
217
228
-556
Low
Average
Average
Low
986
3.9
6.0
14.5
16.0
16
118
286
Average
Below average
Japan small/mid-cap equity
Europe large-cap
growth equity
Global emerging
markets equity
Africa & Middle East equity
Europe large-cap blend equity
2,494
3.8
-4.6
-0.7
9.8
12
221
791
Average
Average
5,453
136
5,768
3.7
3.4
3.2
-2.5
-11.1
-4.6
-9.6
-23.1
-6.1
2.4
4.6
7.3
4
14
15
1,505
91
1,320
1,065
-101
272
Below average
Average
Below average
Average
Average
Average
Asia ex-Japan equity
EMEA equity
Sector equity alternative energy
Europe equity income
US mid-cap equity
1,221
772
1,214
5,403
1,728
3.1
2.9
2.4
2.1
2.0
-1.0
1.3
-0.5
-4.1
4.0
-9.2
-12.2
-4.2
-2.4
3.7
5.2
-1.2
6.0
8.4
14.3
10
22
14
9
18
593
34
92
235
109
-2
-92
-129
1,484
158
Below average
Low
Below average
Average
Low
Low
Low
Average
Average
Average
Sector equity infrastructure
Singapore equity
Global high yield bond
17
665
6,259
1.5
0.9
0.9
7.0
-1.9
1.8
2.9
-13.0
2.0
11.0
-0.8
5.6
16
11
18
152
38
408
-3
33
1,132
Low
Below average
Below average
Average
Below average
Average
248
303
0.7
0.5
54.7
2.6
22.1
1.5
0.0
6.0
19
11
185
366
87
179
Below average
Average
Below average
Below average
Sector equity precious metals
USD high yield bond
Notes: Data sourced from Morningstar Direct. Returns are in Singapore dollars. Three-year returns are annualised. ^ refers to the number of share classes in the category.
18 FO CU S
Neuberger
Berman China
Equity takes
contrarian stance
F RO M PAG E 17
Best on China:
Neuberger Berman China Equity
China may be known for being volatile, opaque and
inefficient. It is exactly these factors that provide the
S$847 million Neuberger Berman China Equity fund
opportunities to outperform, according to its managers. For instance, during the market rout in July 2015,
the fund’s managers “took advantage and added to
positions where we felt strong fundamentals persisted”. The contrarian approach, highlighted in the
fund’s review of its 2015 performance, paid off towards
end-2015 when domestic China A-shares recovered.
China A-shares make up a third of the fund’s portfolio.
Earlier this year, however, index provider MSCI
disappointed the market when it delayed the inclusion of China A-shares in its EM indices, citing
capital control concerns. Still, over three years, the
fund’s total returns of nearly 30% beat the MSCI China index’s 1.5% gain. This places the fund in the top
5% of 368 peers in Morningstar’s China Equity category. “Short-termism and myopic decision-making
among the domestic market’s investor base are in
part responsible for the heightened volatility characteristic of the China A-share market. However,
we believe that it is also this behaviour that enables
disciplined investors operating with a longer-term
horizon, like ourselves, to navigate such choppy
markets and identify opportunities,” say managers Frank Yao and Lihui Tang, who are supported
by local teams based in Shanghai and Hong Kong.
Among the fund’s top holdings are Tencent Holdings (9.8%), China Mobile (5.7%) and IT-services
provider Wangsu Science & Technology - A (5.1%).
Looking ahead, the fund’s managers point out that
even the most bearish of growth forecasts of 5.8%
for 2016 would generate incremental economic output of over US$500 billion (RM2 trillion), given the
size of China’s US$10 trillion economy, the second
largest in the world. “In dollar terms, this degree of
growth should certainly benefit many industries
and companies,” they say, adding that the services
sector is a growing contributor to China’s economy
in recent years.
Honorable mentions
in gold, Japan, Singapore
Elsewhere, while Japan’s benchmark Nikkei index
has fallen double digits this year, the S$986 million
Parvest Equity Japan Small Cap fund, managed by
Shunsuke Matsushima since 2004, has eked out
positive gains. We noted in Personal Wealth (May 9)
how small-cap Japanese stocks have a more domestic
focus, making them less susceptible to global macros and the strengthening yen. The Parvest Equity
Japan fund also maintains a single-digit exposure
to Japanese financials, the worst-performing sector
to date. Morningstar gives the fund a Bronze rating.
Meanwhile, uncertainty over US interest rate hikes
and, most recently, the fallout from Brexit have driven up the price of gold this year. The S$248 million
Franklin Gold & Precious Metals fund, which was
featured in Personal Wealth (April 25), has benefited, with gains of more than 50% this year alone. The
precious metal is also seen as a better safe-haven
asset compared with currencies such as the Swiss
franc and Japanese yen. This is because their gains
can be capped by central bank intervention.
Finally, the S$665 million Schroder Singapore
Trust A could appeal to local investors more familiar
with Singaporean stocks. The fund is rated Bronze by
Morningstar and managed by Teoh Seok Hooi, who
has more than 27 years of investment experience and
has been managing the fund since 2004. Although
the Singapore stock market has been impacted by
falling oil prices, a cooling property market and a
slowing economy, the Schroder Singapore fund has
managed to weather the storm thus far with returns
of -2.4%. In contrast, the MSCI Singapore Free index
benchmark has fallen 16.1%. — The Edge Singapore
Fund name
Investment category
Price
Fund size ($ mil)
3-year quartile rank
Morningstar rating
Investment objectives
PineBridge India Equity
Templeton Emerging Markets Smlr Coms Fd
India Equity
$23.16
1,377
1

The fund aims to provide long-term capital appreciation by investing in
equity and equity-related securities of companies listed on stock exchanges
in India or closely related to the economic development and growth of
India.
Global Emerging Markets Small/Mid-Cap Equity
£16.13
659
1

The fund aims to achieve long-term capital appreciation by investing primarily
in equity securities and depository receipts of small-cap companies registered
or performing a substantial part of their business in emerging markets or
holding a substantial part of their participations in small-cap companies
registered in emerging markets.
Performance
against
benchmark
(in fund’s base
currency)
Per
aga
ben
(in
cur
MSCI India NR USD
Ann
com
(in
dol
Net flows
(estimated)
Net
(est
RISK
3-year volatility (%)
Monthly mean return (%)
Beta
Alpha
Portfolio
COST
19.6
2.0
1.0
13.9
Total expense ratio (%)
Initial charge % (max)
Deferred charge % (max)
Initial investment ($)
SUMMARY
HOLDINGS
Date
April 30, 2016
Turnover ratio (%)
27.37
Equity style (long)
Large growth
Fixed income style (long)
NA
Number of stockholdings
34
Infosys
Shree Cement
Wipro
Cummins India
Hero Motocorp
RISK
1.93
5.00
NA
1,000
COST
Beta
Alpha
9.4
0.8
0.7
7.5
Initial investment
SUMMARY
8.8
8.4
8.1
5.5
5.2
Date
NA
0.00
NA
NA
May 31, 2016
Turnover ratio (%)
Equity style (long)
-22.18
Mid value
NA
116
Bajaj Holdings and
Investment
4.3
Federal Bank
Tata Chemicals
Hemas Holdings PLC
Apollo Tyres
2.3
2.3
2.2
2.2
Por
Ass
allo
SECTOR
Industrials
Technology
Basic materials
Operations
Fund house
Fund manager(s)
Income treatment
CPF approved
ISIN
Risk
HOLDINGS
Asset
allocation (%)
Breakdown (%)
Fun
Inve
Price
Fund
3-ye
Mor
Inve
PineBridge India Equity A5CP
Annual returns
compared
(in Singapore
dollars)
Risk and cost
TUE
SECTOR
REGION
22.7
20.3
14.9
PineBridge Investments Ireland
Elizabeth Soon
Accumulation
Ordinary account
IE00B7N09G41
Asia emrg
91.8
Consumer cyclical
Technology
Consumer defensive
REGION
23.7
15.6
13.4
Asia emrg
Asia dev
Europe emrg
41.0
22.9
9.6
Franklin Templeton Investment Funds
Dennis Lim, Mark J Mobius,Tom Wu
Accumulation
Not registered
LU0768361320
Notes: Funds data from Morningstar Direct and funds’ fact sheets and annual reports. Graphics by The Edge Singapore. Our coverage extends to open-ended funds available for sale in Singapore
and excludes insurance-linked funds and ETFs. Please refer to our website’s Find Funds glossary for more details on our methodology and definitions used. Our content is aimed at helping you make
informed decisions, not provide personalised advice.
Bre
Ope
Fund
Fund
Inco
CPF
ISIN
Note
Pleas
ily
ed
Fund name
Investment category
Price
Fund size ($ mil)
3-year quartile rank
Morningstar rating
Investment objectives
FO CU S 19
Neuberger Berman China Equity Fd
Parvest Equity Europe Small Cap
Asia-Pacific ex-Japan Equity
$1.52
1,857
1

The fund is a feeder fund that invests all or substantially all of its assets
in the First State Asian Equity Plus Fund, a Dublin-domiciled fund.
China Equity
US$16.61
875
1

The fund aims to achieve a combination of growth and income by
investing in the shares of companies that carry out a majority of their
activities in the Greater China region: China, Hong Kong, Macau or
Taiwan. The fund will identify opportunities by carrying out intensive
research on companies as well as the general economic outlook
for the region.
Europe Mid-Cap Equity
€149.19
2,650
1

The fund seeks to increase the value of its assets over the medium
term by investing in shares of small European companies. It is actively
managed and, as such, may invest in securities that are not included
in the index, which is the MSCI Europe Small Caps (NR).
RISK
RISK
COST
RISK
2.11
5.00
NA
Initial investment (US$) 10,000
Beta
Alpha
Performance
against
benchmark
(in fund’s base
currency)
Annual returns
compared
(in Singapore
dollars)
Net flows
(estimated)
A
0
A
A
Risk and cost
Beta
Alpha
Portfolio
3
3
3
2
2
COST
11.1
0.6
0.8
4.6
Initial investment ($)
SUMMARY
HOLDINGS
Date
May 31, 2016
Turnover ratio (%)
17.5
Equity style (long)
Large growth
NA
NA
Taiwan Semiconductor
CSL
CK Hutchison Holdings
HDFC Bank
Delta Electronics
1.70
5.00
NA
1,000
Beta
Alpha
19.2
0.9
0.9
5.6
SUMMARY
5.0
4.9
3.6
2.9
2.9
Date
Turnover ratio (%)
Equity style (long)
HOLDINGS
May 31, 2016
33
Large growth
NA
34
Tencent Holdings
China Mobile
Wangsu Science &
Technology - A
PICC Property &
Casualty - H
Ping An Insurance
Group Co - H
9.8
5.7
5.1
5.0
COST
12.6
1.3
0.9
6.6
Initial investment
NA
3.00
NA
NA
SUMMARY
HOLDINGS
Date
May 31, 2016
Turnover ratio (%)
17.56
Equity style (long)
Mid blend
NA
61
BNP Paribas Cash Invest P 3.9
Smurfit Kappa 0.60
2.8
Micro Focus INTL LS-10 2.7
Huhtamaki
2.7
SEB
2.6
5.0
Asset
allocation (%)
0
9
6
Breakdown (%)
Technology
Financial services
Consumer defensive
Operations
Fund house
Fund manager(s)
Income treatment
CPF approved
ISIN
ke
SECTOR
REGION
20.7
19.1
16.5
First State Investments (Singapore)
Martin Lau, Richard Jones
Income
Ordinary account
SG9999002083
Asia dev
Asia emrg
Australasia
SECTOR
45.1
36.5
5.2
Technology
Consumer cyclical
Financial services
Neuberger Berman Europe
Lihui Tang,Yulin (Frank) Yao
Accumulation
Not registered
IE00B543WZ88
REGION
24.6
14.0
13.3
Asia emrg
Asia dev
SECTOR
90.5
3.0
Consumer cyclical
Industrials
Consumer defensive
REGION
23.2
17.1
10.1
BNP Paribas Investment Partners Lux
Damien Kohler
Accumulation
Not registered
LU0212180813
Notes: Funds data from Morningstar Direct and funds’ fact sheets and annual reports. Graphics by The Edge Singapore. Our coverage extends to open-ended funds available for sale in Singapore and excludes insurance-linked funds and ETFs.
Please refer to our website’s Find Funds glossary for more details on our methodology and definitions used. Our content is aimed at helping you make informed decisions, not provide personalised advice.
United Kingdom
North America
37.7
2.4
20 WORLD
StanChart bank robber
nabbed in Bangkok
IN BRIEF
Leadsom apologies to
childless rival over
motherhood row
After more than 72 hours on the run from Singapore — police
SINGAPORE: The man who
robbed a Standard Chartered Bank
(StanChart) branch in Holland Village has been nabbed in Thailand
after more than 72 hours on the
run, police confirmed yesterday.
The Straits Times reported that
the man was arrested by the Royal
Thai Police in Bangkok on Sunday.
According to Major General Apichart Suriboonya, who heads Thailand’s Interpol unit, the suspect is
Canadian. He flew from Singapore
N Korea
threatens action
over US antimissile system
to Thailand last Thursday, arriving
at 5.08pm. On Sunday, he was arrested at noon at Boxpackers Hostel
in Bangkok.
Major General Apichart, who declined to name the suspect, says the
Thai police cancelled his right to stay
in Thailand after receiving an arrest
warrant from Singapore authorities.
He is now being detained in an immigration detention centre in Bangkok.
When Thai police questioned
him, “he said nothing” and de-
manded to meet an officer from the
Canadian embassy, Major General
Apichart told The Straits Times. But
it was not possible as it was a Sunday and the embassy was closed.
It is unclear whether an embassy
officer has got in touch with him but
Thai police are seeking to question
him more, said the major general.
The Straits Times report said that
the major general was unable to say
how long it would take to extradite the
suspect, but added “I think it won’t
be long”. Singapore sent the request
to extradite him to the Thai embassy
in Singapore last Friday night. This
request needs to pass through Thailand’s foreign affairs ministry, then
to the Thai Attorney-General’s office
first before being approved, he said.
Last Thursday, the suspect
had walked into the bank around
11.25am, handed the female teller
a piece of paper with his demands
and later fled on foot with about
S$30,000 (RM88,689).
More protesters arrested, police say
Dallas sniper plotted bigger assault
BY HWA N G SU NG-HEE
BY BR IAN THE V E NOT
& ER W IN SE BA
SEOUL: North Korea threatened
yesterday to take “physical action” after Washington and Seoul
announced they would deploy a
sophisticated US anti-missile defence system to counter the growing menace from Pyongyang.
Seoul and Washington last
Friday revealed their decision
to deploy the Terminal High Altitude Area Defense (THAAD)
system in the South following
recent North Korean missile
and nuclear tests.
The two allies have not yet revealed exactly when and where
the system, which fires projectiles to smash into enemy missiles, would be deployed, but
said they were in the final stage
of selecting a potential venue.
“The DPRK (North Korea)
will take a physical counteraction to thoroughly control
THAAD ... from the moment
its location and place have
been confirmed in South Korea,” the artillery bureau of
the North’s military said in a
statement, according to the
official Korean Central News
Agency. — AFP
DALLAS: The US military veteran
who fatally shot five Dallas police
officers last week was plotting a
larger assault, authorities said, disclosing how he had taunted negotiators and written on a wall in
his own blood before being killed.
Protests against US police tactics
continued for a third straight day on
Sunday, with scores arrested in Baton Rouge, Louisiana, after authorities warned that violence during
street demonstrations over the fatal
police shootings of two black men
last week would not be tolerated.
Dallas police chief David Brown
told CNN on Sunday that Micah
X Johnson had improvised as he
used “shoot-and-move” tactics to
gun down officers during a demonstration last Thursday, the deadliest
day for US law enforcement since
Sept 11, 2001.
Brown said a search of Johnson’s home showed the gunman
had practised using explosives,
and that other evidence suggested
he wanted to use them against law
enforcement officers.
“We’re convinced that this suspect had other plans,” he said. The
fatal police shootings of two black
Deadliest attacks on US law enforcement
Data from the National Law Enforcement Officers Memorial Fund
Officers killed in same incident
72
9/11 attacks
5
4
1970 72
71 73
7
5*
4
8
4 4
93 95
01
09
Dallas
shooting,
July 7
2016
*Sniper attack from Dec 31, 1972-Jan 7, 1973
Photo: Dallas police near the scene of July 7 shooting
By: Ron Jenkins/Getty Images/AFP
men in Minnesota and Louisiana
last week led the 25-year-old Texas
shooter to “fast-track” his attack,
Brown said.
Johnson, a black veteran who
served in Afghanistan, took advantage of a spontaneous march that
began toward the end of the protest
over those killings. Moving ahead
of the rally in a black Tahoe SUV, he
stopped when he saw a chance to
use “high ground” to target police,
Brown said.
Johnson was killed by a bombequipped robot, but Brown said
before then he sang, laughed at
and taunted officers, and said he
wanted to “kill white people” in
retribution for police killings of
black people. — Reuters
Turkey jails seven more suspects in Istanbul airport attack
BY DA REN B U TL ER
ISTANBUL: A Turkish court has
jailed seven suspects pending trial on terrorism charges over last
month’s triple suicide bombing at
Istanbul’s main airport, bringing
the number in custody to 37, the
state-run Anadolu Agency reported.
The attack at Ataturk Airport
killed 45 people and wounded hundreds, the deadliest in a series of
bombings this year in Turkey.
The seven suspects were detained on charges of “membership of an armed terrorist group”
and being accomplices to murder,
Anadolu Agency said. The private
Dogan news agency said all seven
were foreign nationals.
One government official has said
the attackers were Russian, Uzbek
and Kyrgyz nationals, and President
Tayyip Erdogan has said Islamic
State militants from the former Soviet Union were behind the attack.
Media reports have said at least
11 of those detained were Russian.
The Istanbul bombing was followed by major attacks in Bangladesh, Iraq and Saudi Arabia, all apparently timed for the run-up to Eid
al-Fitr, the holiday marking the end
of the Ramadan holy fasting month.
In the June 28 airport attack,
three bombers opened fire to create panic outside the airport before
two of them got inside and blew
themselves up. The third militant
detonated his explosives outside
at the entrance to the international
arrival terminal.
Moscow says thousands of Russian citizens and citizens of other
former Soviet states have joined Islamic State, travelling through Turkey to reach Syria. Russia fought
two wars against Chechen separatists in the North Caucasus in
the 1990s, and more recently has
fought Islamist insurgents in Dagestan. — Reuters
LONDON: Andrea Leadsom, the
junior minister seeking to become Britain’s next prime minister, apologised to her childless
rival over remarks which suggested she had a greater stake
in the country’s future because
she was a mother. Leadsom’s
comments, published in a newspaper interview on Saturday,
caused an uproar and led to
harsh criticism from supporters of Theresa May, the interior
minister who is the favourite to
replace David Cameron. “I’ve already said to Theresa how very
sorry I am for any hurt caused
and how that article said completely the opposite of what I
said and believe,” Leadsom told
the Daily Telegraph newspaper.
— Reuters
Aussie who bit off rat’s
head banned from
owning pets
SYDNEY: An Australian man
who filmed himself biting the
head off a live rat and posting
the video on Facebook was
banned yesterday from owning
pets for three years and ordered
to do community service. Matthew Maloney, known as “Mad
Matt”, was charged following
a raid by Royal Society for the
Prevention of Cruelty to Animals
investigators after the bizarre
stunt in January, which attracted hundreds of thousands of
online views. The 25-year-old
admitted one count of animal
cruelty in Brisbane Magistrates
Court and was ordered to complete 100 hours of community
service, while being slapped
with the pet ban. — AFP
World’s biggest orchestra
performs in German
stadium
BERLIN: More than 7,500 classical musicians performed in a
German football arena at the
weekend to set the world record
for the biggest-ever orchestra.
Amateur groups and full orchestras from Germany as well
as Austria and the Netherlands
took part in the mega-show on
Saturday evening in Frankfurt’s
Commerzbank Arena, national news agency DPA reported.
With 7,548 musicians involved,
the event trumped the previous
biggest such performance in the
Guinness Book of Records, set
in Brisbane, Australia in 2013,
with 7,224 musicians. — AFP
Magnitude 6.4 earthquake
strikes Ecuador
SYDNEY/LOS ANGELES: A
shallow earthquake with a
magnitude of 6.4 struck Ecuador’s northwest coast on
Sunday, in the region of April’s
deadly quake, the US Geological Survey (USGS) said. The
quake was centred near the
town of Esmeraldas, northwest
of the capital, Quito, at a depth
of about 35km, the USGS said.
The Pacific Tsunami Warning
Center did not issue a tsunami
warning immediately after the
quake. — Reuters
F E AT U R E 2 1
StanChart’s smart Japan move
Its foray into broking there comes as cash-rich insurers and domestic banks are struggling to boost returns
BY N I SH A GOPA L A N
S
o Standard Chartered
(StanChart) has started its
first brokerage business in
Japan. Who knew that market held so much promise, considering everything
that’s gone down in India and Indonesia for the UK lender?
At first glance, it seems bizarre.
StanChart is hardly a top-ranked
player and has fallen further down
the spectrum since exiting equities
last year. It doesn’t do much in bond
underwriting overall in Asia either,
Bloomberg-compiled league tables
show, even as onshore issuance in
China is booming.
Then there’s the issue of competition. Nomura may have scaled back
a lot of its overseas operations but
it’s still Japan’s biggest brokerage by
a mile. Morgan Stanley, too, is one to
contend with, thanks in large part to
its relationship with Mitsubishi UFJ.
True, StanChart opened an office in
Yokohama as far back as 1880 but it’s
been retrenching in recent times,
closing its wealth-management business in 2012, for instance.
Nostalgia
On the positive side, London-headquartered StanChart is one of the
world’s biggest emerging-market
lenders, with a significant presence
in Africa, Southeast Asia and India.
(Rival HSBC’s main focus is China,
although Hong Kong is a significant
market for both banks.)
And its foray into broking in Japan
comes as the nation’s cash-rich insurers and domestic banks are struggling
to boost returns amid a slide in stocks
and negative bond yields. Nomura’s
retrenchment from many activities
outside of Japan has also led to a hole
that even a slimmed-down StanChart
can play into, while garnering the
higher fees Japanese clients pay.
StanChart also remains one of
the region’s top corporate banks, according to Greenwich Associates’
research. It notes that even as Japanese lenders have moved to undercut
others in areas such as trade finance,
StanChart is still high on the go-to list
for Asian multinationals seeking an
overseas beachhead, and vice versa.
It stands to reason then that, along
with HSBC and Citigroup, StanChart
is positioned nicely to win when flows
eventually pick up.
Assisting companies in Asia outside Japan to sell bonds denominated
in either dollars, euro or yen is another forte, with the lender ranking third
this year, behind HSBC and Citigroup,
data compiled by Bloomberg show.
StanChart will also be able to underwrite fixed-income issuance in Japan,
and that could help draw business
from overseas investors looking for
haven assets.
Furthermore, StanChart is strong
in the Middle East, which has witnessed record note sales this year and
has become a focus of investment
bankers as Saudi Arabia prepares to
take Aramco public.
That chief executive officer Bill
Winters needs to find new sources of
growth isn’t in any doubt. The bank
used to generate close to US$19 billion (RM75.81 billion) in annual revenue in its heyday of 2012 and 2013,
Bernstein analyst Chirantan Barua
said in a note in May. Now, it seems
even US$15 billion is a tough target,
according to Bloomberg consensus
forecasts.
Scaling back to its safer roots as a
primarily corporate and trade bank,
while at the same time looking for
some expansion opportunities, is
a sensible idea. Tokyo may seem a
strange choice but considering all
those return-hungry customers, perhaps it’s not as odd as it first seems.
— Bloomberg
On the podium
Standard Chartered ranks third for G3 This column does not necessarily recurrency bond arranging this year in flect the opinion of Bloomberg LP
Asia ex Japan(Source: Bloomberg). and its owners.
Danone investors get creamed by WhiteWave deal
BY JOHN FOL EY
DANONE’S US$12.5 billion
(RM49.88 billion) purchase of
WhiteWave, a soy and almond milk
maker based in the United States, is
an expensive way of buying growth.
The French dairy group can get
away with it because expanding
outside of Europe looks attractive,
and debt comes cheap.
The maker of Activia yoghurt,
which a decade ago was deemed
by France too precious to be taken
over by foreigners, will pay almost
20 times WhiteWave’s forecast Ebitda. That in itself is not outlandish,
since the US group is growing rapidly, its sales increasing at twice the
rate of Danone’s.
The trouble is that WhiteWave,
whose shareholders include activist Hudson Executive Capital
according to Eikon data, is already
trading at a full-fat valuation of 31
times the next 12 months’ estimated earnings.
Assume the company can sus-
tain a growth rate in its operating
profit of 12% each year from now
until 2020, which is when Danone
expects the synergies will come
through. Add the resulting US$666
million of operating profit to the
US$300 million of value Danone
hopes to create from the deal, tax it
at WhiteWave’s rate of 35%, and the
return for investors is just 5%, below
the target’s likely cost of capital.
That may seem at odds with
Danone investors’ initially positive response, pushing up the shares
more than 5% after the deal was announced. But that may rest on other factors, like the fact Europe may
be about to take a big hit from the
UK’s decision to leave the European Union, and WhiteWave doubles
the percentage of Danone’s sales
that comes from the United States.
Funding the deal entirely with
debt also has appeal, since expectations of future interest rates are
falling, judging by the narrowing
gap between short- and long-term
US government bond yields.
5.98
128.98
But Danone could simply gear
itself up, without paying full whack
for a rival.
WhiteWave shareholders, meanwhile, get the cream. An agreed deal
with Danone may even smoke out
a rival bid from a US food producer covetous of the rapid growth of
supposedly healthier alternatives
to milk. In that sense, the activists
at Hudson have done a good job.
Maybe as their next project, they
should buy a stake in Danone. —
Reuters
2 2 S P O RT S
Éder fires Portugal to glory
Twelve years after losing 1-0 to Greece as hosts of the tournament
196
20
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1996
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72
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Poland
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5-3 penalties
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2-0
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92
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(extra time)
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1-1
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200
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ernand
PARIS: Around 40 people were
arrested in Paris on Sunday after police used tear gas and water cannon against football fans
hurling glass bottles at officers at
the Eiffel Tower during the Euro
2016 final.
Crowds of supporters, some
donning French or Portuguese
flags, gathered at the base of the
Paris landmark before and after
Portugal’s stunning 1-0 victory over France after they were
refused entry to the fan zone,
which was packed to its 90,000
capacity, Paris police said.
The base of the Eiffel Tower
was engulfed in clouds of tear
gas as riot police repelled the
youths, who started fires on the
pavement and threw bottles and
other objects at the police lines,
AFP photographers said. — AFP
Portugal, champions of Europe
F
ch
Around 40
arrested in Paris
over violence
p
u
‘Ugly ducking’
The result ended Portugal’s run of
10 straight defeats against France,
who had eliminated them in the
semi-finals at Euro 1984, Euro 2000
Gro
PARIS: Cristiano Ronaldo wept with
sadness and joy as substitute Eder’s
extra-time goal saw Portugal beat
hosts France 1-0 in Sunday’s Euro
2016 final to win their first major
tournament.
Ronaldo was stretchered off in the
first half after being injured by Dimitri
Payet, but returned to the touchline
to see Eder’s long-range strike settle
the game at Stade de France.
“It was not the final I wanted, but
I am very happy,” Ronaldo said.
“It is a trophy for all the Portuguese, for all immigrants, all the
people who believed in us, so I am
very happy and very proud.”
Portugal centre back Pepe, voted the man of the match, said: “We
said we would win it for him and
we managed to do that.”
Twelve years after losing 1-0 to
Greece as hosts of Euro 2004, Portugal inflicted the same fate on France.
France coach Didier Deschamps
had hoped to lead his country to a
fourth major tournament win, and
third on home soil after Euro 1984
and the 1998 World Cup, when he
was captain.
But it was Portugal skipper Ronaldo who hobbled up the steps to
lift the trophy beneath a shower of
silver ticker tape.
“The disappointment is there
and it’s immense,” Deschamps told
French television.
“We’ve let a big chance to be
champions pass us by. There are
no words to describe this feeling.”
Co
a
Se
BY TOM WI L L I A MS
m
i-fi
Portugal 1
0 France
Possession
(average)
1980: introduction
of group stage
Nani
5
9
52%
All-time
top scorers
Shots off target
49
On target
39
Rui
Patricio
Completed passes
Fouls
Yellow cards
When they scored
15
19
Euro 2016 statistics
Goals scored
Goals conceded
Total shots
121
Renato
Sanches
1984
Cristiano
Ronaldo
In extra time
n al
88
1980
30
Goals scored
45
and the 2006 World Cup.
They took the spoils in France
despite having won only one match
inside 90 minutes — the 2-0 semi-final victory against Wales — in the
whole tournament.
Coach Fernando Santos, who
dubbed his team “the ugly duckling”, said: “We have a bright future,
but right now we need to celebrate.”
Victory was especially sweet for
Real Madrid superstar Ronaldo,
despite his early exit.
He had shed tears as a 19-yearold after Greece’s Euro 2004 win in
Lisbon, wept as he was carried off
on Sunday and cried again as he
raced on in celebration at full-time.
In winning a major tournament,
he surpasses Portugal greats Eusébio and Luís Figo.
Having also won last season’s
Champions League, he has stolen
Michel Platini
1984
Cristiano Ronaldo
2004, 2008, 2012,
2016
86%
93
12
Alan Shearer
1996, 2000
Goals conceded
60
75
90
110
120
Antoine Griezmann
2016
9
9
7
6
a march on his great rival Lionel
Messi, who announced his Argentina retirement two weeks ago, in the
race for the next Fifa Ballon d’Or.
Taken off in the 25th minute, he
returned at the start of extra time to
deliver on-pitch pep talks that appeared to inspire his team to victory.
Éder saw a header pushed out
by France goalkeeper Hugo Lloris,
while Raphaël Guerreiro hit the bar
from a free kick.
With 11 minutes of the extra period to play, the killer goal arrived as
Éder held off Laurent Koscielny and
drove a crisp shot into the bottom-left
corner from 25 yards (23m).
“Cristiano told me I would be scoring the winning goal,” Éder said. “He
gave me strength and positive energy.”
Ronaldo applauded
There was an early exchange of chanc-
es — Nani shooting over for Portugal,
Griezmann’s header drawing a fine
fingertip save from Rui Patrício —
before Ronaldo took centre stage.
A juddering knee-on-knee challenge by Payet in the eighth minute
left Ronaldo writhing on the turf
and after attempting to play on,
he dropped to the ground, tears
filling his eyes.
After having his left knee heavily
strapped, Ronaldo re-entered the
fray, only to go down again, flinging
his armband to the floor.
A stretcher was brought on and as
the Portugal captain was carried off,
to be replaced by Ricardo Quaresma,
the whole stadium rose to applaud.
France’s Moussa Sissoko stepped
into the spotlight vacated by Ronaldo, driving a left-foot shot over the
bar and then stinging Rui Patrício’s
palms after nutmegging Adrien Silva with a slick Cruyff turn
But it took the 58th-minute introduction of Kingsley Coman to enliven
France. The Bayern Munich winger
crossed for Griezmann to head over
and released Olivier Giroud for a shot
that Rui Patrício parried.
Rui Patrício also repelled a 25-yard
effort from Sissoko and when France
substitute André-Pierre Gignac neatly sidestepped the fit-again Pepe in
stoppage time, he could only scuff his
shot against the post. — AFP
‘Healing’ France suffers blow
BY GINA DOGGETT & GUY JACKSON
PARIS: The open-top bus for the
victory parade was ready and
President François Hollande said
France’s success at Euro 2016 was
helping the country to heal from the
Paris attacks, but the party fell flat.
Authorities had braced for mass
celebrations if France — a country
still on high terrorist alert — won
Sunday’s final against Cristiano Ronaldo’s Portugal, but the 1-0 defeat
crushed the host nation’s hopes.
Portuguese fans were the only
ones celebrating at the Stade de
France and the 90,000 crowd at the
fan zone under the Eiffel Tower fell
silent when Éder scored Portugal’s
long-range winner.
“With everything that has happened, the attacks, the demonstrations, the economic crisis, we deserved something to make us feel
better,” said Lazaro de Santana, 31,
as he joined thousands who filed
away dejected.
The night was also scarred by disgruntled supporters’ clashing with
riot police after they were denied entry to the filled-to-capacity fan zone.
Police fired tear gas after fans pelted them with bottles. Other youths lit
a bonfire near the Eiffel Tower.
The build-up to Euro 2016 had
been overshadowed by fears of
more jihadist attacks. In the days
before it kicked off, unions disrupted trains and grounded planes and
uncollected rubbish built-up in
the streets in strikes and protests
against labour reforms.
But once the football began,
the crowds at the fan zones grew
with every match featuring France,
while restaurants and cafés showing
Les Bleus’ matches were reservation-only by the time of the final.
“The French people needed to
find their way again,” Hollande said
in a commentary on the wave of
support for the national team.
“We saw it at the time of the attacks. We came together in the dra-
mas, we had to find ourselves in the
happiness, to come together,” he
wrote in the Journal du Dimanche.
The Nov 13 attacks across Paris left
130 dead. The Stade de France, where
France were playing Germany at the
time, was one of the sites targeted by
suicide bombers along with the Bataclan concert hall and cafés.
Hollande said Didier Deschamps’ French team had been
“very marked” by the attacks.
“The attacks were the same for
them,” he wrote.
“They have decided they want
to bring joy to the French people
who experienced those events. They
want to give happiness. Deschamps
has given them this desire to make
people happy. They know that this
isn’t just any ordinary moment in
time,” Hollande said.
Hollande has recorded some
of the lowest popularity scores for
a post-war French president, but
the Socialist might still stand for
re-election next year. — AFP
IN BRIEF
Nike beats Adidas
for bragging rights
in Euro 2016
LONDON: After Germany’s 2-0
loss to France in last Thursday’s
European championship semi-final, the feeling of defeat may have
been just that little more acute
in the Bavarian town of Herzogenaurach. It’s there that Adidas
is based. And for the first time in
three decades of modern sports
sponsorship, the company wasn’t
going to have a team playing in
the European Championship
final. Even worse: when host
France and Portugal meet on
Sunday in Paris, everyone was
wearing jerseys emblazoned with
Nike and its ubiquitous swoosh.
The two have battled in the US$5
billion (RM19.95 billion) global
football market since the 1990s.
And nothing is more attractive
to them as top national and club
team jerseys. — Bloomberg
Moths invade Stade de
France before final
PARIS: The Stade de France was
invaded by swarms of moths
ahead of Sunday’s Euro 2016 final between Portugal and France.
Hundreds of large black moths
flew around the stands of the
80,000-capacity stadium north
of Paris as well as by the pitch
in temperatures which even at
1830 GMT hovered around 28°C.
Portugal’s Cristiano Ronaldo was
seen swatting away several of
the creatures as he warmed up
while others swarmed around microphones, the corner flags and
goalposts. The decision to leave
the stadium lights on overnight
ahead of the game may help explain the bizarre invasion. — AFP
European Championship
was a security ‘success’
PARIS: French Interior Minister Bernard Cazeneuve said yesterday that despite a high terror
threat, the country’s hosting of the
Euro 2016 football tournament
had been a success. Cazeneuve
praised the work of over 100,000
police, gendarmes, private security agents and soldiers who secured the event, adding that 1,550
people had been arrested during
the tournament.“Despite the very
high threat, Euro 2016 was a success,” said Cazeneuve. France had
been on high alert throughout
the tournament, after two major
terror attacks in 2015 which left
147 people dead. — AFP
Griezmann suffers double
agony within weeks
PARIS: Euro 2016 Golden Boot
award winner Antoine Griezmann suffered a second heartbreaking defeat in weeks when
France lost to Portugal in Sunday’s final. “It’s frustrating, it
sucks, but that’s football,” said
the 25-year-old marksman, who
also missed a penalty when his
Atlético Madrid club side lost to
arch-rivals Real Madrid in the
Champions League final. “We
weren’t as clinical as we were
against Germany — we hit the
post and I also had some chances
— it is frustrating but we’re going
to need to come back stronger,”
Griezmann said. — AFP
Radio penalty
costs Rosberg at
Silverstone
SILVERSTONE: British Grand
Prix runner-up Nico Rosberg
was demoted to third place after receiving a 10-second time
penalty from the Silverstone
stewards for a breach of radio communications rules on
Sunday.
Dutch teenager Max Verstappen, who finished third in
a Red Bull, has been elevated
to second following the ruling.
The altered result cut Rosberg’s lead over his teammate
Lewis Hamilton, the winner
of Sunday’s race, from four
points to one point in the drivers’ championship.
Rosberg had been under
investigation when he held a
radio dialogue with the team
to try and fix a gearbox problem during the closing stages
of the race.
In that chat, Rosberg asked
for instructions and the team’s
response was deemed to be in
breach of the strict rules introduced to stop drivers being
coached from the pit wall.
In a statement issued three
hours after Hamilton took the
chequered flag, the sport’s
ruling body, the International
Motoring Federation, said that
while some of the instructions
from Mercedes were allowable,
others were not.
“The stewards determined
that the team then went further and gave instructions to the
driver that were not permitted
— and were in breach of Article
27.1 of the Sporting Regulations,
that the driver must drive the
car alone and unaided.” — AFP
S P O RT S 2 3
Best is still to come,
says Wimbledon
champ Murray
Aims to follows his second crown with a sustained run of success
BY STEV EN GRI FFI THS
LONDON: Andy Murray has
warned world No 1 Novak Djokovic his best is yet to come as the
Scot aims to follow his second Wimbledon crown with a sustained run
of success.
Murray clinched his third Grand
Slam title as he brushed aside Canada’s Milos Raonic with an imperious 6-4, 7-6 (7/3), 7-6 (7/2) victory
in Sunday’s final.
The 29-year-old is the first Briton to secure multiple All England
Club titles since Fred Perry in the
1930s and only the 12th man to
win Wimbledon more than once.
Having suffered painful defeats
in eight of his previous 10 Grand
Slam finals, the world No 2 has set
his sights on using Wimbledon as a
springboard for even more success
in the coming years.
“I still feel like my best tennis is
ahead of me, that I have an opportunity to win more,” Murray said.
“The last three months have
been some of the best I’ve played in
my career in terms of consistency.
“Everyone’s time comes at different stages. Some come in their
early 20s, some mid 20s. Hopefully
Open after his victory in Hoylake,
near Liverpool, in 2014.
Twelve months ago, McIlroy was
missing from the field in St Andrews after suffering an ankle injury while playing a game of football
with friends.
He missed the cut at last month’s
US Open, but showed promise
when he finished third at the recent French Open before making
his way to Scotland to prepare for
the unique challenges of links golf.
Murray with the trophy after winning the Wimbledon mens’ singles final against Raonic
on Sunday in London. Photo by Reuters
mine is still to come.”
Murray has reached all three
Grand Slam finals in 2016, losing
the previous two in Australia and
France to Djokovic.
But Djokovic showed rare signs
of vulnerability in his shock Wimbledon third-round loss against
Sam Querrey, and Murray believes
he has an opportunity to establish
himself as the sport’s pre-eminent
force at a time when Roger Federer
and Rafael Nadal have struggled
with injuries and inconsistent form.
“I obviously would have loved
to have won more. Like I said earlier, the guys that I’ve been playing
against are the best three players of
all time potentially,” Murray said.
— AFP
“It was really disappointing, especially at St Andrews last year, not
to be able to defend,” McIlroy said
last week.
“The last time I played The Open
I won it, so good memories, and
hopefully I can play similar to the
way I did in Liverpool and give myself a chance.”
While Tiger Woods seems to
have become yesterday’s man and
will not feature, McIlroy comes to
Troon as part of what could now
be termed golf’s “big four”.
Alongside him at the summit of
the sport are Australia’s Jason Day
and American duo Jordan Spieth
and Dustin Johnson, the latter the
winner of his first major at the US
Open at Oakmont last month.
Among them, that quartet has
won six of the last eight majors,
but the challenges posed by Royal Troon, where cool and damp
conditions are forecast, could well
leave the field wide open. — AFP
Troubled Rio puts final touches on Olympics
BY SEB A STI A N SMI TH
RIO DE JANEIRO: Rio de Janeiro
hosts the Olympic Games in less
than four weeks, but crime and economic crisis mean the party-loving
Brazilian city is glum and struggling
to find its vibe.
Stadiums are just about ready
and local businesses, hammered
by Brazil’s deep recession, look forward to the arrival of an estimated
500,000 tourists.
For an already sports-mad city,
the Games — the first ever held in
South America — will be a delight.
Some 10,500 athletes will compete
over 19 days in 42 disciplines, with
Brazil targeting a top 10 place in
the medal count.
The setting for the globe’s most
watched event will be breathtaking: sailors duelling below Sugarloaf Mountain, sprinters battling
under the gaze of the Christ the
Redeemer statue, and beach vol-
Hulk scores, injured in
incredible China debut
SHANGHAI: Record Asian signing Hulk scored on his Chinese
Super League debut but was
carried off injured minutes later as Shanghai SIPG smashed
Henan Jianye 5-0 during the
weekend. The muscle-bound
Brazilian forward, who moved
to Shanghai from Zenit St Petersburg for an eye-watering
€55 million (RM241.91 million) last month, bundled home
a low cross from Chinese international Wu Lei after nine
minutes. However, his joy was
short-lived as he was stretchered off in considerable pain
10 minutes later following a
meaty challenge from Henan
midfielder Feng Zhuoyi on the
edge of the box. — AFP
Injured S Korean golfer
Park to compete in Rio
McIlroy back in hunt for Claret Jug
TROON (United Kingdom): The
British Open returns to Royal
Troon on Scotland’s West Coast
this week with Rory McIlroy back
in the field having been unable to
defend the Claret Jug a year ago
due to injury.
The Northern Irishman, who
leads a host of the sport’s biggest
names to have withdrawn in controversial circumstances from next
month’s Rio Olympics, is bidding
to win his fifth major and second
IN BRIEF
leyball players scrambling on the
sands of Copacabana.
Given Rio’s brilliance at annual
carnival week, the opening ceremony in the famed Maracana Stadium
on Aug 5 is likely to be spectacular.
But violent crime, 11% unemployment, fears about the mosquito-borne Zika virus, and embarrassing stumbles during infrastructure
preparations have many Brazilians
grumbling that the Olympics are
little more than a costly distraction.
“The Olympics soak up the money that could be used on improving
the life of people in Rio, rather than
making cosmetic changes,” said
Felipe, a 32-year-old lifeguard on
Copacabana beach, who did not
want to give his last name.
“They’ve sanitised everything,
without the poor, and made it nice
for foreigners.”
Rio has defied doomsayers to
open all the sporting facilities on
time. — AFP
SEOUL: South Korean women’s
world No 3 golfer Park In-Bee
said yesterday she will compete in the Rio Olympics after
hinting last month that she may
miss the Games due to a thumb
injury. The injury had kept Park
from the US Women’s Open in
San Martin, California and the
Meijer LPGA Classic in Michigan as she focused on nursing her sprained thumb. The
27-year-old, who also suffered
a back injury that forced her to
take a month-long break at the
beginning of the season, said in
June she would pass her spot
at the Olympics to someone
else if she did not make a full
recovery in time. — AFP
Sharapova out of Rio as
doping decision delayed
LAUSANNE (Switzerland): The
Court of Arbitration for Sport
said yesterday it has put back
its ruling on the two-year doping ban for Maria Sharapova for
two months to September, ruling the tennis superstar out of
the Rio Olympics. The 29-yearold Russian, one of the biggest
names in tennis, tested positive
for the banned medication meldonium during January’s Australian Open, in a severe blow
to her reputation. If the ban
— which Sharapova has called
“unfairly harsh” — is upheld it
would almost certainly end one
of sport’s most celebrated and
high-profile careers. — AFP
Vettel says Ferrari ‘just
not quick enough’
SILVERSTONE: A disappointed
Sebastian Vettel lamented his
Ferrari’s lack of pace after finishing a distant ninth on Sunday’s British Grand Prix. After
starting 11th on the grid in wet
conditions, the four-time former
champion was the first man
to switch to “slick” tyres, but
spun and struggled to make an
impression as Lewis Hamilton
scorched to his third successive
home win. “Overall it was not
our day,” said the German. “Just
not quick enough — simple as
that.” Vettel’s lacklustre showing saw him fall from third to
fifth in the drivers’ championship. — AFP
24
live it!
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
Henry Golding
Faiz Abdul Hak
Personal
ASSISTANT
CO MPIL E D BY H A N N A H ME R IC A N
WORK. LIFE. BALANCE
Henley Hii
Remy Ishak
Catch PJ Live Art’s weekly comedy night One
Mic Stand. Fresh from the Raya holidays, this
week’s host Prakash Daniel will set the stage
for Aaron Aw, Hannan Azlan and Johnathan
Chow. The comedy night promises to provide
Malaysians with raw unadulterated comedy
and gives emerging comedians a platform to
test out their new material with audiences.
Tickets are priced at RM15. One Mic Stand
starts at 9pm at PJ Live Arts, Jaya One, Jalan
Universiti, Petaling Jaya. For more information, visit www.pjlivearts.my.
DOCKERS’
THREE DECADES OF STYLE
The brand celebrates its
historical milestone with a
new collection of wardrobe
staples that emphasise
comfort and style
BY SU A N N QUA H
S
ince Levi’s introduced Dockers in
1986, the brand has grown by leaps
and bounds, becoming a leading
brand of business casual clothing
around the world. This year, Dockers celebrates three decades of
khakis, belts, leather wallets and shoes that
have become staples with the Yes, They’re
Dockers campaign to showcase an entirely
new concept in menswear. As part of this innovative new concept, Dockers in Malaysia
is featuring four influential local personalities in the campaign — actor Remy Ishak,
singer-songwriter Henley Hii, television
personality Henry Golding and style icon
Faiz Abdul Hak.
In its latest collection, the Dockers brand
provides the essential goods for the modern
man — vital items every guy needs to complete his look no matter where his journey
takes him. Dockers is all about providing
key wardrobe staples to offer a complete
head-to-toe look, whether casual or refined
— crisp, clean and well-tailored clothing. As
men continue to adopt the slim fit trend, the
brand has been focusing on fit fabric and
finished pants, and is taking a lead when it
comes to new fit style trends.
This collection sees Dockers widening
its pants offering with styles that offer a
slimmer, sleeker and sexier silhouette. For
example, more tapered legs and lower front
rise hug your frame to create a sleek, smart
and crisp aesthetic.
One of the changes that is happening at
Dockers is the introduction of comfortable
stretch fabrics across 70% of its entire pant
portfolio. As fabric technology progresses towards more comfortable materials,
consumers are starting to demand a good
combination of presentability and comfort
— fabrics that offer great elasticity enable a
slimmer fit which is practical and functional, yet stylish.
As we are travelling more than ever before
but prefer to travel light, Dockers provides
wardrobe essentials which add flair and polish to any look — smart or casual — giving
men the confidence to go about their day
confidently and comfortably. Dockers’ new
Stretch for Performance fabric is made for
movement as the material stretches at key
areas and holds its shape for ultimate style
and comfort, so that a man can look put-together while handling whatever life throws
his way with ease. The line is perfect for
life on-the-go, and comes in every Alpha
fit, as well as 5 Pocket, Pacific On-the-Go,
Marina On-the-Go, Insignia, and Signature Collections.
In terms of visual characteristics, Dockers’
newest collection draws inspiration from
the rich textiles and colours found in and
around Catalina Island and Palm Springs in
California, reflecting the laidback tradition
of the West Coast life. The Dockers design
team, under the leadership of Doug Conklyn, found inspiration in the storied history
of Catalina Island, and the colour palette
takes its cue from the Art Deco tile world
of Hollywood’s golden age, as well as boats
and docks by the beach, faded by sun and
salt. Palm Springs — a desert oasis under
cobalt blue skies — offers colour and textile
to inspire both casual and refined styles.
The Dockers brand has always been about
style over throwaway fashion, offering a full
collection of head-to-toe looks which run
the gamut from sportswear, active-inspired
apparel as well as after-hours sophistication. The latest collection has the ability to
give comfort to guys going about their daily
business with confidence — from the coffee
shop to the conference room and then maybe out on a date, all while looking their best.
For a full list of Dockers stores nationwide,
visit ww.dockers.com/MY.
Watch The Legend of Tarzan, which is out in
cinemas now. This adaptation follows Tarzan
living a civilised life as Lord Greystoke with
his wife Jane Porter. He is asked to travel to
the Congo to serve as a trade emissary of
Parliament but does not realise he is part
of Belgian Captain Rom’s plan of greed and
revenge which involves capturing him. The
film stars Alexander Skarsgård, Margot Robbie, Christoph Waltz, Samuel L Jackson and
Djimon Hounsou. Check www.gsc.com.my
or www.tgv.com.my for screening schedules
and online ticket bookings.
Treat yourself to a pair of stylish flats from
French Sole with its latest promotion at the
Suria KLCC store — the Raya Special sale
provides you with discounts up to 50% storewide. Known for producing quality and finely
crafted ballet shoes, French Sole also includes
gorgeous sandals and boots for women of
all ages. The promotion runs until July 18.
The store is open from 10am to 10pm daily at
Lot C-103, Level 1, Suria KLCC, Kuala Lumpur.
For more information, call (03) 2382 0808.
Markets 2 5
BURSA MAL AYSIA MAIN MARKET
Bursa Malaysia
YEAR
HIGH
Sectorial Movement
INDICES
CLOSE
+/-
%CHG
INDICES
CLOSE
+/-
%CHG
-0.33
KLSE COMPOSITE
1,653.87
9.33
0.57
TECHNOLOGY
21.21
-0.07
KLSE INDUSTRIAL
3,121.18
26.98
0.87
FTSE BURSA 100
11,238.58
62.70
12,973.72
69.90
0.54
0.56
CONSUMER PRODUCT
603.59
4.66
0.78
FTSE BURSA MID 70
INDUSTRIAL PRODUCT
141.32
1.03
0.73
FTSE BURSA SMALL CAP
15,050.75
15.81
0.11
CONSTRUCTION
283.73
0.17
0.06
FTSE BURSA FLEDGLING
15,502.48
51.55
0.33
TRADE & SERVICES
222.67
1.72
0.78
FTSE BURSA EMAS
11,528.95
61.30
0.53
14,282.60
8.29
0.06
FTSE BUR M’SIA ACE
5,200.48
43.11
0.84
KLSE FINANCIAL
KLSE PROPERTY
1,132.19
3.93
0.35
FTSE BUR EMAS SHARIAH
12,090.13
70.92
0.59
KLSE PLANTATION
7,575.14
57.77
0.77
FTSE BUR HIJRAH SHARIAH
13,550.01
69.62
0.52
494.45
Unch
Unch
9,311.09
128.35
1.40
KLSE MINING
FTSE/ASEAN 40
Bursa Malaysia Main Market
YEAR
HIGH
YEAR
LOW
DAY
HIGH
CONSUMER PRODUCTS
0.824 0.533 0.785
4.270 3.350
—
13.500 5.327 12.500
0.480 0.220
—
6.320 4.052 5.790
1.850 1.040
—
5.299 2.977
—
64.156 40.235 55.380
0.080 0.040 0.045
0.954 0.550 0.585
1.870 0.880 1.580
0.660 0.427 0.485
0.400 0.230
—
14.700 10.731 14.700
0.639 0.351 0.545
2.847 1.970 2.100
1.970 0.464 1.180
3.290 1.670 2.560
0.085 0.025
—
2.417 1.336 2.050
1.400 1.010 1.390
0.175 0.065 0.085
0.075 0.040 0.045
0.965 0.765
—
61.300 43.275 61.000
0.165 0.065 0.090
0.265 0.075 0.080
0.280 0.165
—
0.460 0.190 0.255
2.620 1.693 2.030
0.325 0.210 0.220
0.940 0.640
—
27.000 16.547 26.600
0.940 0.475 0.655
1.157 0.990 1.000
1.207 0.376 0.840
0.966 0.553
—
1.640 0.720 0.900
2.760 2.070
—
1.200 0.930
—
0.160 0.035
—
17.100 11.735 17.100
8.500 4.178 8.100
1.196 0.860 0.890
0.515 0.370 0.380
5.280 2.850 4.350
1.416 1.049 1.340
0.590 0.340 0.545
2.616 1.760 1.870
1.420 0.647 1.030
1.170 0.515 0.540
3.160 2.130 2.400
3.965 2.280 3.440
0.205 0.025 0.075
0.935 0.560 0.765
2.540 1.742
—
1.180 0.920 1.040
0.110 0.035
—
8.100 4.950 5.200
9.700 2.950 8.760
0.405 0.130 0.295
0.405 0.215 0.285
3.325 1.960 3.030
0.895 0.700 0.745
1.987 1.340 1.390
4.585 2.329 3.980
0.120 0.020
—
1.397 1.141 1.300
1.060 0.810
—
1.262 1.033 1.080
5.030 4.382
—
0.110 0.025
—
1.626 1.084 1.300
77.000 68.879 77.000
2.850 2.125
—
0.200 0.080 0.100
0.370 0.220 0.265
1.079 0.614 0.875
0.753 0.425 0.460
2.550 1.834 2.370
7.139 6.294 6.550
2.480 1.193 2.430
30.200 19.941 29.680
0.768 0.587
—
0.390 0.200 0.320
0.885 0.275
—
1.120 0.725 0.740
0.229 0.123 0.160
0.580 0.402 0.510
2.071 1.391 1.480
16.784 14.079 16.540
0.614 0.458
—
2.077 1.348 1.450
0.749 0.440 0.730
2.896 1.897 2.610
4.650 3.662 4.430
1.650 1.340
—
1.438 1.150 1.210
0.523 0.270 0.285
1.190 0.550 1.160
1.430 0.550 0.605
0.120 0.055 0.065
2.450 0.890 2.160
1.411 0.704 0.985
0.060 0.035 0.050
2.750 1.671 2.440
1.505 0.723
—
0.745 0.365 0.565
0.450 0.280 0.305
2.990 1.860 1.950
1.406 0.346 1.250
1.702 1.031 1.210
1.610 1.184 1.300
0.560 0.435
—
0.510 0.170 0.420
10.432 4.880 5.620
2.430 1.530 2.280
1.008 0.417 0.940
0.098 0.035 0.035
0.670 0.390
—
0.607 0.180 0.200
2.367 1.404 2.230
0.660 0.190 0.660
1.290 0.787 1.270
3.369 2.105 2.230
2.055 1.335 1.390
INDUSTRIAL PRODUCTS
1.460 0.888 1.370
0.160 0.095
—
0.640 0.470 0.500
0.330 0.260
—
1.040 0.685 0.685
2.267 1.795
—
* Volume Weighted Average Price
DAY
LOW
0.770
—
12.400
—
5.780
—
—
54.600
0.040
0.575
1.560
0.480
—
14.200
0.520
2.090
1.160
2.540
—
2.040
1.370
0.080
0.040
—
59.500
0.085
0.075
—
0.250
2.030
0.215
—
25.980
0.625
1.000
0.835
—
0.880
—
—
—
16.760
8.020
0.880
0.380
4.250
1.320
0.540
1.870
1.020
0.535
2.360
3.410
0.070
0.740
—
1.030
—
5.150
8.620
0.280
0.285
2.920
0.740
1.340
3.940
—
1.280
—
1.080
—
—
1.260
76.800
—
0.095
0.260
0.870
0.440
2.350
6.520
2.370
29.660
—
0.305
—
0.725
0.155
0.505
1.460
16.280
—
1.420
0.695
2.470
4.350
—
1.150
0.275
1.150
0.585
0.065
2.060
0.975
0.045
2.420
—
0.560
0.305
1.910
1.220
1.190
1.300
—
0.405
5.390
2.280
0.920
0.035
—
0.180
2.200
0.630
1.230
2.220
1.390
1.340
—
0.495
—
0.685
—
CODE
7120
7090
2658
7051
6432
7722
7129
4162
7243
9288
7174
7154
7128
2836
7035
7148
9423
2828
5188
7205
7202
5214
7179
7119
3026
7198
7182
5091
9091
7149
7208
7094
3689
9776
2755
8605
9172
5102
5606
5606PA
5187
3255
3301
5160
7213
7141
5024
8478
5107
7152
8931
5247
7216
8303
6203
7062
0002
5172
7006
9385
7943
8079
7089
7126
7085
7087
5189
3662
7935
5886
5202
5150
3921
4707
7060
7139
7215
5066
7071
7107
4006
7052
3719
5022
9407
6068
5231
4081
5080
7088
4065
7190
8966
7134
7237
7084
9946
5252
5157
7180
7165
7165PA
7412
7246
8532
7103
7186
7082
7211
4405
7200
7252
9369
7230
7176
4588
7757
7203
5156
7121
5155
5584
7184
5159
7178
5131
0012
7086
7061
7131
7191
9148
COUNTER
ACOSTEC
AHEALTH
AJI
AMTEK
APOLLO
ASIABRN
ASIAFLE
BAT
BIOOSMO
BONIA
CAB
CAELY
CAMRES
CARLSBG
CCK
CCMDBIO
CHEEWAH
CIHLDG
CNOUHUA
COCOLND
CSCENIC
CSL
DBE
DEGEM
DLADY
DPS
EKA
EKOWOOD
EMICO
ENGKAH
EURO
EUROSP
F&N
FARMBES
FCW
FFHB
FPI
GCB
GOLDIS
GOLDIS-PA
HBGLOB
HEIM
HLIND
HOMERIZ
HOVID
HUATLAI
HUPSENG
HWATAI
IQGROUP
JAYCORP
JERASIA
KAREX
KAWAN
KFM
KHEESAN
KHIND
KOTRA
KSTAR
LATITUD
LAYHONG
LCHEONG
LEESK
LIIHEN
LONBISC
LTKM
MAGNI
MAXWELL
MFLOUR
MILUX
MINTYE
MSM
MSPORTS
MWE
NESTLE
NHFATT
NICE
NIHSIN
NTPM
OCR
OFI
ORIENT
PADINI
PANAMY
PAOS
PARAGON
PCCS
PELIKAN
PMCORP
POHKONG
POHUAT
PPB
PPG
PRLEXUS
PWF
PWROOT
QL
REX
SASBADI
SAUDEE
SERNKOU
SGB
SGB-PA
SHH
SIGN
SINOTOP
SPRITZER
SWSCAP
SYF
TAFI
TCHONG
TEKSENG
TEOSENG
TGL
TOMEI
TPC
UMW
UPA
WANGZNG
XDL
XIANLNG
XINQUAN
YEELEE
YEN
YOCB
YSPSAH
ZHULIAN
3A
ABLEGRP
ABRIC
ACME
ADVENTA
ADVPKG
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
0.770
3.960
12.500
0.250
5.780
1.040
4.300
55.000
0.040
0.580
1.580
0.485
0.300
14.700
0.540
2.090
1.180
2.550
0.030
2.050
1.370
0.080
0.045
0.960
59.500
0.090
0.075
0.190
0.250
2.030
0.220
0.785
26.200
0.655
1.000
0.835
0.770
0.900
2.620
1.100
0.040
17.040
8.100
0.880
0.380
4.350
1.330
0.545
1.870
1.030
0.540
2.380
3.420
0.075
0.755
1.920
1.040
0.060
5.150
8.760
0.280
0.285
2.990
0.740
1.340
3.970
0.020
1.290
1.000
1.080
4.820
0.035
1.300
76.960
2.760
0.100
0.260
0.875
0.445
2.370
6.530
2.400
29.680
0.700
0.320
0.480
0.730
0.155
0.510
1.480
16.440
0.540
1.430
0.715
2.540
4.390
1.520
1.210
0.285
1.160
0.600
0.065
2.080
0.980
0.050
2.440
1.050
0.560
0.305
1.950
1.240
1.200
1.300
0.460
0.420
5.620
2.280
0.940
0.035
0.460
0.185
2.210
0.645
1.270
2.230
1.390
-0.015
—
0.100
—
-0.020
—
—
0.580
UNCH
UNCH
0.010
-0.005
—
0.500
0.020
-0.010
0.010
0.010
—
UNCH
UNCH
-0.005
0.005
—
-1.800
0.005
UNCH
—
-0.005
UNCH
0.005
—
0.200
-0.015
0.010
-0.010
—
UNCH
—
—
—
0.240
0.050
UNCH
UNCH
-0.040
UNCH
0.005
0.020
0.020
0.005
0.020
-0.060
UNCH
0.005
—
0.010
—
-0.020
UNCH
-0.005
UNCH
-0.020
0.005
-0.050
0.040
—
0.010
—
-0.080
—
—
-0.010
0.260
—
0.005
UNCH
0.015
UNCH
-0.030
0.010
0.040
-0.140
—
-0.005
—
-0.010
UNCH
UNCH
0.020
0.220
—
0.010
-0.020
-0.060
-0.010
—
0.020
0.005
UNCH
0.010
UNCH
-0.050
UNCH
0.010
UNCH
—
0.005
-0.005
-0.010
0.020
0.010
UNCH
—
UNCH
0.240
UNCH
0.010
UNCH
—
-0.010
-0.010
0.025
UNCH
0.020
UNCH
406.5
—
26.5
—
9
—
—
450.9
2229.9
842.3
77.8
5.1
—
395.4
620.9
1.5
31.9
37
—
107.5
45
394.7
225
—
10.8
13
1195
—
180
0.1
565.4
—
184.9
35.5
2
6.4
—
32.9
—
—
—
172
172.3
190.3
177
6
109.6
120.1
1
29
2.7
470.4
35.2
146
72
—
15.9
—
15.4
6.4
62.1
624.5
825.8
19
36
87
—
198.1
—
8
—
—
5.2
1.2
—
662.1
801.9
32.4
5140.5
52.2
21.7
377.6
34
—
40.1
—
33
134.9
206.5
336.6
838.9
—
104.2
197
144.7
758.8
—
603.1
962.5
168.6
58.2
240.1
196.7
110.8
507.7
263.4
—
205.1
5
17.1
1644.5
194.9
13.6
—
150.1
447.3
11
150
346
—
674.8
75.2
2107.7
366.1
10.5
5.1
0.780
—
12.448
—
5.787
—
—
55.072
0.040
0.584
1.572
0.480
—
14.521
0.540
2.093
1.179
2.550
—
2.048
1.376
0.085
0.044
—
60.100
0.087
0.077
—
0.251
2.030
0.220
—
26.128
0.633
1.000
0.836
—
0.893
—
—
—
16.988
8.035
0.883
0.380
4.308
1.330
0.542
1.870
1.021
0.535
2.381
3.427
0.070
0.744
—
1.033
—
5.159
8.672
0.283
0.285
2.978
0.743
1.383
3.970
—
1.287
—
1.080
—
—
1.273
76.937
—
0.095
0.260
0.874
0.452
2.360
6.521
2.396
29.669
—
0.309
—
0.729
0.159
0.507
1.475
16.425
—
1.431
0.709
2.522
4.391
—
1.173
0.278
1.154
0.587
0.065
2.112
0.979
0.045
2.434
—
0.563
0.305
1.929
1.240
1.200
1.300
—
0.409
5.511
2.280
0.926
0.035
—
0.187
2.216
0.646
1.252
2.223
1.390
13.82
13.03
18.63
—
15.53
—
10.72
18.64
—
18.59
12.42
7.65
8.85
19.40
12.11
12.74
6.31
13.93
—
14.40
12.74
1.41
—
18.32
24.12
150.00
—
—
6.01
43.94
30.99
140.18
25.12
—
36.63
10.32
10.31
11.19
14.92
—
—
20.69
11.30
8.90
18.36
10.99
19.30
22.43
7.85
8.10
7.37
34.90
22.29
—
15.01
9.51
24.24
—
6.49
200.00
—
10.40
7.93
7.68
14.96
7.87
—
21.43
322.58
14.92
12.85
—
—
28.94
10.19
55.56
28.26
16.83
—
22.34
14.24
13.36
12.26
25.93
8.23
—
—
20.67
53.13
7.00
18.31
16.31
7.94
8.06
17.52
28.53
—
22.37
—
32.86
—
—
7.06
13.88
55.56
12.36
68.18
9.51
—
112.72
9.63
13.06
19.70
—
22.22
—
10.26
11.38
38.89
44.66
1.39
11.24
—
11.32
12.22
13.44
3.25
2.78
1.60
—
5.19
0.48
3.72
5.25
—
3.24
—
2.06
—
4.90
2.78
4.55
1.69
—
—
3.60
7.30
—
—
2.60
1.68
—
—
—
—
3.20
—
—
2.39
—
1.50
1.20
9.09
—
0.76
3.64
—
4.17
3.95
4.55
2.63
—
3.01
—
5.35
3.88
—
0.70
0.73
—
—
3.65
—
—
2.33
—
—
—
4.46
—
3.73
2.02
—
3.10
—
4.63
5.39
—
1.02
3.12
3.99
—
1.92
0.91
—
1.79
2.76
4.17
4.68
3.57
—
—
—
—
1.96
2.70
1.52
2.31
1.66
5.24
4.33
0.97
—
1.65
—
—
—
—
4.81
5.10
—
2.05
0.95
—
—
2.56
2.42
2.92
5.77
2.17
—
3.56
3.95
3.19
—
—
9.89
1.58
—
3.15
2.91
4.32
136.9
463.9
760.0
12.5
462.4
82.3
825.5
15,704.2
19.9
467.6
271.7
38.8
59.0
4,528.7
170.3
583.0
49.7
413.1
20.0
469.0
165.1
99.4
37.9
128.6
3,808.0
52.9
23.4
31.9
24.0
143.6
53.5
34.9
9,609.6
40.0
250.0
71.2
190.5
432.1
1,599.9
500.9
18.7
5,147.7
2,656.0
264.0
309.6
376.9
1,064.0
40.8
164.6
141.4
44.3
2,385.7
817.5
5.1
75.5
76.9
137.8
16.0
500.6
530.6
18.5
47.8
538.2
138.0
174.3
646.0
8.0
709.8
54.4
65.7
3,388.4
21.2
301.0
18,047.1
207.4
30.3
62.0
982.8
101.2
568.8
4,051.2
1,579.0
1,802.9
84.5
22.4
28.8
403.9
119.9
209.3
335.7
19,489.6
54.0
252.8
116.1
772.4
5,478.8
93.7
338.1
34.2
139.2
77.2
31.8
104.0
235.5
98.7
393.2
153.2
342.7
24.4
1,310.4
404.2
360.0
53.0
63.8
98.2
6,565.8
181.4
150.4
94.3
33.4
89.8
415.1
88.7
203.2
300.3
639.4
1.360
0.100
0.500
0.260
0.685
2.080
0.040
—
0.005
—
-0.015
—
557.1
—
278
—
4.3
—
1.356
—
0.500
—
0.685
—
23.01
—
—
17.93
41.02
14.14
1.03
—
—
—
—
5.77
535.3
26.4
73.6
56.8
104.7
42.6
# PE is calculated based on latest 12 months reported Earnings Per Share
YEAR
LOW
DAY
HIGH
DAY
LOW
0.170 0.100 0.135
0.130
0.470 0.325
—
—
0.400 0.260 0.360
0.360
4.717 2.167 3.800
3.780
0.465 0.110
—
—
0.940 0.610
—
—
0.460 0.325 0.355
0.345
1.260 0.620 1.200
1.170
0.360 0.120 0.210
0.205
1.465 0.963 1.030
1.030
4.311 3.565
—
—
0.875 0.382 0.855
0.835
0.746 0.543 0.680
0.670
0.700 0.500
—
—
1.660 0.510 0.990
0.980
2.480 1.410
—
—
0.795 0.285 0.435
0.425
0.140 0.090 0.105
0.105
1.375 0.975 1.020
1.010
3.100 2.210
—
—
1.960 0.784 1.710
1.580
0.520 0.285 0.300
0.290
0.310 0.175
—
—
0.455 0.180 0.215
0.215
5.110 1.977 3.360
3.320
0.174 0.025 0.035
0.030
2.315 1.553 2.010
1.990
1.071 0.823 0.885
0.870
1.690 1.201 1.540
1.520
2.560 1.380
—
—
1.500 1.140
—
—
2.284 1.234 1.420
1.380
1.680 1.340 1.420
1.380
1.160 0.640
—
—
0.090 0.040 0.055
0.050
5.932 3.170 3.440
3.400
0.380 0.130 0.320
0.260
2.640 1.423 1.540
1.510
0.990 0.200 0.805
0.780
1.000 0.605 0.625
0.610
1.365 0.829 1.260
1.240
0.974 0.609 0.855
0.850
0.440 0.275 0.385
0.385
2.374 1.605 2.120
2.100
0.475 0.250 0.360
0.355
0.308 0.170 0.220
0.220
0.635 0.250 0.290
0.285
0.510 0.395
—
—
0.855 0.580
—
—
1.536 1.090 1.120
1.110
1.450 0.775 0.885
0.865
0.665 0.243 0.665
0.645
1.260 0.406 0.855
0.840
1.600 0.970 1.040
1.030
0.920 0.190 0.815
0.750
0.788 0.540 0.580
0.580
1.683 0.995 1.040
1.000
1.560 0.600 0.860
0.850
1.176 0.918 1.020
1.020
3.210 2.274 2.560
2.530
0.835 0.347 0.520
0.495
2.348 1.977 2.240
2.230
3.090 1.225 1.790
1.730
1.570 1.370
—
—
2.970 0.695 1.870
1.820
0.075 0.040 0.050
0.040
0.390 0.180 0.310
0.270
0.130 0.075
—
—
0.565 0.285
—
—
0.312 0.173 0.225
0.225
0.135 0.070 0.105
0.100
1.080 0.805 0.825
0.820
0.750 0.320 0.420
0.405
6.095 3.792 4.490
4.400
3.500 2.640 2.940
2.930
1.775 1.101 1.200
1.180
0.985 0.706 0.865
0.850
0.525 0.180 0.215
0.205
0.905 0.130 0.180
0.175
1.768 0.918
—
—
0.990 0.530
—
—
0.430 0.280
—
—
0.080 0.020 0.025
0.025
3.991 2.852
—
—
0.130 0.050 0.070
0.055
0.960 0.760
—
—
2.190 1.371 2.070
2.040
0.370 0.220
—
—
0.120 0.045 0.080
0.070
0.175 0.135 0.150
0.150
0.280 0.060 0.080
0.080
1.320 0.920 1.100
1.050
2.775 1.186 2.080
2.050
1.810 1.050 1.160
1.110
0.230 0.145 0.170
0.160
1.290 0.353 0.850
0.845
0.985 0.430
—
—
3.418 2.911 3.010
2.990
2.516 1.529 1.720
1.690
0.200 0.070 0.075
0.070
1.873 1.249 1.410
1.390
0.625 0.390 0.410
0.400
2.703 0.937 1.230
1.200
0.775 0.335 0.400
0.385
9.402 5.839 6.860
6.780
0.600 0.405 0.420
0.420
5.671 4.235 4.800
4.720
0.506 0.321
—
—
0.580 0.320
—
—
9.598 7.322 8.000
7.730
0.635 0.384 0.635
0.610
0.784 0.443 0.605
0.575
0.586 0.407 0.430
0.420
0.205 0.110 0.115
0.115
0.075 0.025
—
—
0.115 0.040 0.050
0.040
0.475 0.220 0.315
0.305
0.360 0.110 0.315
0.315
0.095 0.060 0.070
0.070
4.084 3.056 3.440
3.410
0.740 0.330 0.535
0.495
0.776 0.495
—
—
0.590 0.360
—
—
0.945 0.652 0.870
0.870
1.130 0.805 0.880
0.825
0.430 0.175 0.345
0.330
0.755 0.490
—
—
1.571 1.038
—
—
2.030 1.585
—
—
1.340 0.655 0.880
0.870
0.110 0.060 0.090
0.085
1.894 1.006 1.550
1.510
0.665 0.325 0.610
0.590
2.930 2.090 2.700
2.700
2.564 1.025 2.110
2.100
0.600 0.210 0.455
0.425
0.200 0.050
—
—
0.645 0.100 0.330
0.310
0.705 0.454 0.545
0.515
1.200 0.647 1.180
1.140
1.260 0.890
—
—
0.095 0.050 0.085
0.080
7.511 5.096 6.630
6.530
1.719 1.540 1.630
1.610
0.735 0.391 0.650
0.650
6.180 3.923 6.000
5.980
0.330 0.090 0.105
0.100
23.160 19.769 22.460 22.160
6.982 2.655 3.840
3.780
13.700 5.344 12.320 12.240
1.400 0.759 1.300
1.290
3.990 1.362 3.990
3.920
0.650 0.430 0.505
0.505
0.460 0.320 0.320
0.320
1.170 0.650 0.900
0.870
0.380 0.300 0.320
0.315
0.625 0.400 0.575
0.570
1.169 0.446 1.130
1.110
0.190 0.090 0.095
0.095
1.700 1.300
—
—
0.950 0.690
—
—
6.330 5.620 5.970
5.750
0.520 0.224 0.455
0.420
0.941 0.620
—
—
CODE
7146
5198
2682
7609
9954
2674
4758
6556
9342
5568
5015
7214
7162
7099
7181
8133
7005
7187
0168
6297
5100
9938
7221
7188
5105
5229
7076
2879
7171
8435
8044
5007
5797
8052
7018
2852
7986
5071
7195
2127
5094
7157
5082
8125
8176
7114
5835
5835PA
5265
7169
1619
7233
8907
9016
7217
7773
5101
7249
2984
7229
0149
3107
5197
3611
7197
5220
7192
7096
5649
0136
7077
3247
5151
5168
7105
5095
3298
5072
5199
7033
8443
5165
2739
5000
9601
9687
7222
7183
7223
8648
2747
7043
7167
4383
0054
7199
6211
3522
5371
5060
9466
7164
6971
7017
7153
7130
3476
5192
8362
3794
9326
5092
5232
8745
3581
2887
4235
9881
5068
9199
5098
7029
8095
5152
7004
3778
5223
8192
6149
5001
7219
5576
7595
5916
3883
5087
7002
5025
4944
7140
5065
7225
5183
5271
9997
5436
5146
6033
3042
7095
7172
8869
6637
8117
8273
9458
9873
7168
7123
7544
7498
7765
7232
7803
COUNTER
AEM
AFUJIYA
AISB
AJIYA
AKNIGHT
ALCOM
ANCOM
ANNJOO
ANZO
APB
APM
ARANK
ASTINO
ATTA
ATURMJU
BHIC
BIG
BKOON
BOILERM
BOXPAK
BPPLAS
BRIGHT
BSLCORP
BTM
CANONE
CAP
CBIP
CCM
CENBOND
CEPCO
CFM
CHINWEL
CHOOBEE
CICB
CME
CMSB
CNASIA
COASTAL
COMCORP
COMFORT
CSCSTEL
CYL
CYMAO
DAIBOCI
DENKO
DNONCE
DOLMITE
DOLMITE-PA
DOLPHIN
DOMINAN
DRBHCOM
DUFU
EG
EKSONS
EMETALL
EPMB
EVERGRN
EWEIN
FACBIND
FAVCO
FIBON
FIMACOR
FLBHD
GBH
GESHEN
GLOTEC
GOODWAY
GPA
GPHAROS
GREENYB
GSB
GUH
HALEX
HARTA
HCK
HEVEA
HEXZA
HIAPTEK
HIBISCS
HIGHTEC
HIL
HOKHENG
HUAAN
HUMEIND
HWGB
IDEALUBB
IMASPRO
IRETEX
JADI
JASKITA
JAVA
JMR
JOHOTIN
JTIASA
KARYON
KEINHIN
KIALIM
KIANJOO
KIMHIN
KINSTEL
KKB
KNM
KOBAY
KOMARK
KOSSAN
KPOWER
KSENG
KSSC
KYM
LAFMSIA
LBALUM
LCTH
LEONFB
LEWEKO
LIONCOR
LIONDIV
LIONIND
LSTEEL
LUSTER
LYSAGHT
MASTEEL
MASTER
MAYPAK
MBL
MCEHLDG
MELEWAR
MENTIGA
MERCURY
METROD
MIECO
MINETEC
MINHO
MLGLOBAL
MSC
MUDA
MYCRON
NAKA
NWP
NYLEX
OKA
ORNA
PA
PCHEM
PECCA
PENSONI
PERSTIM
PERWAJA
PETGAS
PETRONM
PIE
PMBTECH
PMETAL
PNEPCB
POLY
PPHB
PREMIER
PRESTAR
PRG
PWORTH
QUALITY
RALCO
RAPID
RESINTC
RUBEREX
CLOSING
(RM)
0.135
0.430
0.360
3.790
0.155
0.790
0.345
1.180
0.205
1.030
3.580
0.845
0.675
0.515
0.980
1.560
0.430
0.105
1.010
2.450
1.680
0.300
0.310
0.215
3.320
0.030
2.000
0.880
1.520
1.600
1.140
1.400
1.380
0.740
0.050
3.410
0.320
1.520
0.790
0.625
1.250
0.855
0.385
2.120
0.360
0.220
0.285
0.510
0.580
1.120
0.870
0.660
0.850
1.030
0.805
0.580
1.010
0.860
1.020
2.560
0.520
2.230
1.750
1.400
1.830
0.050
0.310
0.095
0.315
0.225
0.105
0.820
0.420
4.460
2.940
1.190
0.860
0.210
0.175
1.040
0.780
0.325
0.025
3.180
0.060
0.790
2.040
0.260
0.075
0.150
0.080
1.090
2.080
1.110
0.170
0.845
0.500
3.010
1.700
0.070
1.400
0.400
1.200
0.390
6.830
0.420
4.760
0.380
0.405
8.000
0.630
0.605
0.430
0.115
0.030
0.045
0.310
0.315
0.070
3.420
0.520
0.630
0.510
0.870
0.880
0.340
0.525
1.170
1.800
0.875
0.085
1.530
0.610
2.700
2.110
0.450
0.070
0.315
0.540
1.180
0.925
0.085
6.630
1.610
0.650
6.000
0.100
22.340
3.840
12.240
1.300
3.940
0.505
0.320
0.900
0.320
0.575
1.110
0.095
1.480
0.840
5.970
0.450
0.745
+/–
(RM)
VOL
(‘000)
0.005 2457.1
—
—
-0.010
61.4
-0.010
141.5
—
—
—
—
UNCH
47.4
-0.010
339
UNCH
194.5
UNCH
20.3
—
—
0.010 1254.8
0.010
376.4
—
—
-0.015
405
—
—
-0.010
14.9
UNCH
187
UNCH
174
—
—
0.100 1217.7
0.005
130
—
—
-0.005
30
-0.080
48.4
UNCH 4576.4
-0.010
80.5
-0.010
192.5
-0.010
24.1
—
—
—
—
-0.010
484.6
-0.020
14.4
—
—
UNCH
220.1
0.030
376
0.040
13.3
-0.020
180.4
0.015 4868.9
0.015
503.6
-0.020
424.8
UNCH
30
UNCH
8
0.010
23.7
0.005
490.3
UNCH
350
UNCH
85.9
—
—
—
—
UNCH
119.5
0.010 1297.1
0.020 7769.3
0.010 1137.4
-0.030
45
0.055 8840.9
UNCH
5
-0.010 1450.6
UNCH
32
UNCH
15.5
UNCH
208.6
0.025
189.1
0.020
18
UNCH 1143.7
—
—
-0.030
119.1
0.005 2326.4
0.040
869.2
—
—
—
—
UNCH
85
0.010
420
UNCH
162
0.010
68.1
0.060
303.3
0.020
39.5
UNCH
803.9
0.010
105.1
0.005 21814.2
UNCH 3543.4
—
—
—
—
—
—
UNCH
122.2
—
—
UNCH 20701.1
—
—
-0.040
169.5
—
—
UNCH 2246.9
UNCH
305.5
UNCH
5
0.030
288.2
0.030
50.8
-0.050 1039.1
UNCH
53
-0.005
47.2
—
—
0.010
244.4
0.020
24.4
-0.005
386
0.010
135.9
UNCH 12439.7
-0.010
42.5
UNCH
549.6
0.040
175.8
-0.010
1
-0.060
49.3
—
—
—
—
0.200
427.6
0.025 5384.5
0.030
876.8
0.010
74.1
-0.005
75
—
—
UNCH
549.1
UNCH
766.3
UNCH
16
UNCH 1530.1
UNCH
10
0.020
986.4
—
—
—
—
UNCH
19
0.030
48
0.010
713.3
—
—
—
—
—
—
UNCH
591
-0.005
696.6
0.030
539.7
UNCH
13
0.020
2.5
UNCH
9
0.025 3611.5
—
—
-0.015 1348.8
-0.005
10.5
0.040
706.6
—
—
UNCH
98.7
0.070
6770
-0.010
51.1
0.010
5
0.020
14
UNCH
450.5
0.140
808.5
0.070
22.1
-0.040
87.8
-0.030
18.5
0.030 2346.6
0.005
10
-0.020
1
0.045
290.9
0.010
88.7
0.010
59.9
-0.010
75
UNCH 2007.5
—
—
—
—
0.020
61
0.030 2188.9
—
—
VWAP*
(RM)
PE#
(X)
DY
(%)
0.135
—
— 18.30
0.360
—
3.790 13.04
—
—
— 66.39
0.346 28.28
1.183
—
0.208
—
1.030 137.33
— 13.46
0.846
8.01
0.676
8.25
—
—
0.988
—
—
—
0.430
7.73
0.105
—
1.012 16.95
— 18.13
1.643 13.03
0.294
—
—
—
0.215
—
3.336
8.19
0.030
1.07
2.000 12.48
0.880 12.87
1.531 12.32
—
4.79
—
—
1.400
6.97
1.405 30.87
—
—
0.050
—
3.412 19.09
0.273
—
1.524
9.15
0.794
8.20
0.620 28.41
1.251
8.31
0.852 14.39
0.385
—
2.110 24.91
0.359 11.36
0.220
—
0.290
—
—
—
—
—
1.115 13.91
0.877
—
0.655
7.74
0.847
4.11
1.035
—
0.791
7.76
0.580
—
1.017
8.56
0.852 12.30
1.020 18.02
2.539
6.70
0.506 10.68
2.230 10.50
1.766
5.69
— 933.33
1.841 11.86
0.045
—
0.282
—
—
—
—
—
0.225 11.84
0.100
—
0.822 27.89
0.408
—
4.458 28.37
2.938 19.97
1.187
6.40
0.855 11.39
0.208
—
0.178
—
— 12.71
— 13.76
— 29.55
0.025
—
— 24.41
0.062
—
—
—
2.044 19.84
—
—
0.075 12.71
0.150
—
0.080
—
1.065 29.95
2.067 10.90
1.126 19.34
0.165 26.56
0.846
8.34
— 19.61
3.003 11.64
1.698 10.52
0.074
—
1.398
—
0.403 31.25
1.206 11.74
0.393
—
6.821 20.96
0.420
—
4.775 22.45
— 33.33
—
—
7.822 34.33
0.624 12.50
0.593
9.47
0.424 10.70
0.115
—
—
—
0.042
—
0.308
—
0.315
—
0.070
—
3.428 10.71
0.521
—
— 11.33
—
—
0.870 10.38
0.843
—
0.340 10.43
—
—
—
9.46
—
8.93
0.875
3.94
0.090
—
1.522 12.82
0.602
5.02
2.700 11.75
2.107 20.06
0.446
3.67
—
—
0.319
—
0.530 15.04
1.161
8.93
— 11.31
0.080
—
6.586 19.62
1.620
—
0.650
4.32
5.983 11.70
0.104
—
22.315 22.27
3.823
5.74
12.272 22.92
1.297 12.04
3.950 27.84
0.505
—
0.320 11.72
0.888
6.97
0.320 71.11
0.572
8.97
1.114 20.11
0.095 24.36
— 15.37
— 20.44
5.963
—
0.444 14.15
— 10.84
—
—
—
1.58
—
6.33
—
2.54
—
6.31
5.45
2.66
2.89
—
—
—
—
—
1.73
—
2.98
—
—
—
1.20
—
3.00
4.26
3.95
—
—
5.60
2.90
2.36
—
1.32
—
2.63
—
—
6.40
7.02
—
2.77
—
—
—
—
—
3.38
6.90
4.70
—
—
—
1.72
0.99
0.58
2.45
5.86
2.02
5.61
8.57
10.71
—
—
—
—
—
3.33
—
6.10
—
1.79
—
2.31
5.23
1.43
—
3.37
1.92
—
—
0.94
—
—
1.72
—
—
2.00
—
2.75
1.92
0.90
2.35
1.18
—
0.66
3.53
—
2.86
—
2.50
—
1.76
—
2.10
2.11
—
3.25
3.17
6.61
3.49
—
—
—
—
—
—
4.39
1.25
1.59
—
3.45
—
—
1.90
5.13
3.33
—
—
—
—
—
1.42
—
—
—
3.70
2.54
2.70
—
2.71
—
5.38
6.33
—
2.69
5.21
0.98
3.08
1.90
—
—
—
—
3.48
0.90
—
—
—
—
5.56
4.03
MKT CAP
(MIL)
34.2
77.4
47.5
288.6
9.0
106.1
75.5
616.8
61.2
116.3
721.7
101.4
185.0
36.5
59.9
387.6
20.7
29.1
521.2
147.1
315.3
49.3
30.4
26.9
637.9
40.9
1,076.5
402.7
182.4
71.6
46.7
419.3
151.7
33.9
22.1
3,663.6
14.5
808.0
110.6
349.2
475.0
85.5
28.9
579.3
37.6
39.7
76.6
6.3
128.8
184.8
1,681.9
115.8
179.8
169.1
137.8
96.3
854.9
190.8
86.9
565.1
51.0
546.9
180.6
261.2
146.4
269.1
34.3
93.1
42.4
75.1
55.4
227.9
44.5
7,319.2
163.0
549.4
172.3
270.6
229.7
42.2
217.4
26.0
28.1
1,523.5
54.4
87.3
163.2
34.6
70.6
67.4
13.9
138.2
194.1
1,080.8
80.9
83.7
31.0
1,336.9
264.5
73.5
360.9
862.5
81.7
48.6
4,367.6
23.7
1,720.6
36.5
60.7
6,797.6
156.5
217.8
133.3
37.0
39.5
62.6
222.6
40.3
121.2
142.2
127.1
34.4
21.4
80.0
39.1
77.1
36.8
47.0
216.0
183.8
56.5
168.1
54.7
270.0
643.7
127.6
3.9
100.8
104.9
187.5
69.6
80.5
53,040.0
302.7
84.3
595.8
56.0
44,204.9
1,036.8
940.1
104.0
5,129.2
66.4
51.2
98.9
107.8
104.8
164.3
62.2
85.8
35.3
522.1
61.7
170.8
T UESDAY JU LY 1 2 , 2 0 16 • TH EEDGE FI N AN C I AL DAI LY
26 Markets
T UE
BURSA MAL AYSIA MAIN MARKET
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
4.200 3.154
—
—
8.280 4.360 7.930
7.890
1.243 0.777
—
—
1.800 1.088 1.300
1.280
3.629 3.072 3.480
3.420
0.990 0.660 0.720
0.690
13.600 6.650 13.000 12.700
0.550 0.280
—
—
0.320 0.225 0.235
0.230
1.350 0.526 0.895
0.870
0.350 0.200 0.240
0.220
0.770 0.290 0.300
0.300
6.350 2.600 3.080
3.060
0.673 0.353 0.455
0.430
0.710 0.480
—
—
1.556 1.120 1.220
1.180
3.050 1.163 3.050
2.950
0.818 0.587
—
—
1.170 0.690 1.090
1.030
0.425 0.200 0.350
0.340
2.240 1.440 1.440
1.440
2.504 1.276 2.250
2.250
2.340 1.189 2.340
2.280
3.501 1.879 2.120
2.060
4.730 2.571 3.340
3.300
0.500 0.217 0.500
0.470
0.830 0.345 0.350
0.345
15.260 13.376 14.740 14.700
15.240 14.372
—
—
0.190 0.080 0.150
0.105
0.455 0.215
—
—
2.210 0.700 1.160
1.100
1.720 0.685 1.380
1.300
0.495 0.220 0.300
0.300
4.290 1.650 4.280
4.200
2.553 1.224 1.600
1.570
0.800 0.610
—
—
2.322 1.193 1.800
1.750
2.190 1.581 1.910
1.910
6.940 4.443 4.550
4.500
0.695 0.520
—
—
0.270 0.140 0.185
0.175
1.608 1.191 1.520
1.510
6.860 3.225 6.600
6.540
1.332 0.681 1.170
1.160
1.700 0.610 1.400
1.340
1.633 1.130 1.190
1.170
1.340 0.635 0.725
0.695
0.400 0.275 0.390
0.365
2.150 1.377 1.500
1.490
2.823 1.735 2.050
2.000
0.650 0.490 0.555
0.550
0.580 0.405
—
—
2.345 2.007
—
—
1.506 0.869 1.060
1.030
1.391 0.830 1.020
0.995
1.080 0.790 0.850
0.840
0.300 0.160 0.195
0.190
0.800 0.485 0.495
0.495
CONSTRUCTION
0.560 0.260
—
—
0.165 0.100 0.135
0.125
0.775 0.505 0.655
0.635
0.809 0.511 0.680
0.650
0.680 0.465 0.485
0.480
0.530 0.330 0.375
0.370
1.044 0.825
—
—
1.054 0.805 0.920
0.895
1.859 1.540
—
—
1.470 0.737 1.400
1.370
1.740 0.835 1.500
1.480
0.625 0.330 0.550
0.535
2.580 1.100 2.310
2.190
5.000 3.665 4.910
4.890
1.100 0.780 1.100
1.040
1.170 0.750 0.780
0.770
1.240 1.240
—
—
1.290 1.290
—
—
2.115 1.582 1.710
1.680
3.566 2.786 3.480
3.410
0.835 0.540 0.740
0.725
0.720 0.480
—
—
1.280 0.685 0.955
0.945
0.385 0.195 0.235
0.210
2.160 1.170 2.150
2.090
1.050 0.740 0.930
0.925
1.960 1.050 1.850
1.810
1.540 1.090
—
—
1.092 0.660 0.700
0.700
0.450 0.245 0.255
0.250
1.390 1.020 1.340
1.330
0.350 0.190 0.280
0.275
1.520 0.840 1.130
1.110
2.520 1.497 2.220
2.210
0.638 0.330 0.355
0.355
1.489 1.160 1.180
1.160
1.815 1.324 1.620
1.590
0.190 0.110 0.120
0.115
3.665 2.839 3.450
3.450
1.041 0.450 0.465
0.460
1.720 0.954 1.640
1.620
0.510 0.300 0.370
0.365
0.513 0.259 0.400
0.390
2.310 0.845 2.310
2.230
0.748 0.438 0.500
0.500
1.737 1.069 1.500
1.480
0.865 0.550 0.595
0.550
0.350 0.150 0.150
0.150
TRADING SERVICES
0.415 0.150 0.390
0.380
0.543 0.240
—
—
3.055 2.434 2.580
2.560
0.245 0.135 0.220
0.210
2.730 0.751 2.670
2.600
6.915 4.187 6.090
6.030
0.545 0.320 0.340
0.330
0.145 0.075 0.095
0.095
10.550 8.700 8.880
8.820
2.780 1.518 2.200
2.200
0.345 0.040 0.045
0.045
1.160 0.650 0.735
0.720
0.150 0.105 0.120
0.115
2.977 2.351 2.900
2.830
5.300 4.160
—
—
0.845 0.280 0.830
0.815
6.614 5.071 5.540
5.490
0.350 0.203 0.240
0.240
1.060 0.640 0.680
0.665
0.599 0.335 0.410
0.400
0.405 0.190 0.190
0.190
7.128 6.292
—
—
1.530 1.080 1.490
1.460
2.490 1.664 2.220
2.180
0.440 0.336 0.355
0.350
2.614 1.570 1.760
1.760
0.855 0.610 0.700
0.680
0.480 0.360
—
—
3.427 2.823 3.150
3.110
0.215 0.119 0.195
0.180
1.170 0.555 0.915
0.905
3.904 2.560 3.190
2.780
0.970 0.360 0.385
0.370
2.140 1.039
—
—
3.872 2.355 3.070
3.000
1.066 0.697 0.850
0.840
0.508 0.332
—
—
0.600 0.385
—
—
0.105 0.060
—
—
0.910 0.650 0.760
0.745
0.055 0.035 0.045
0.040
2.040 1.356 1.960
1.930
0.120 0.065 0.070
0.070
2.200 0.990 1.060
1.040
1.353 0.870 1.080
1.050
0.645 0.480 0.585
0.570
1.668 1.276 1.530
1.520
4.899 3.438 3.950
3.930
1.684 0.989 1.310
1.280
0.385 0.230
—
—
1.463 0.732 0.980
0.970
0.370 0.210
—
—
0.310 0.195 0.225
0.225
3.980 2.718 3.450
3.400
0.366 0.178 0.270
0.265
CODE
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
YEAR
HIGH
—
7.906
—
1.288
3.447
0.699
12.840
—
0.234
0.882
0.222
0.300
3.073
0.448
—
1.196
2.999
—
1.057
0.343
1.440
2.250
2.309
2.086
3.318
0.487
0.349
14.715
—
0.132
—
1.102
1.357
0.300
4.251
1.582
—
1.777
1.910
4.514
—
0.180
1.520
6.558
1.167
1.367
1.183
0.706
0.371
1.493
2.024
0.550
—
—
1.044
1.009
0.842
0.191
0.495
21.75
10.75
9.30
10.53
21.49
—
12.36
—
—
52.34
—
—
2.52
9.33
—
16.00
26.77
—
—
—
—
9.65
11.47
11.63
8.52
3.65
—
19.79
—
—
—
5.55
—
—
9.57
4.90
27.82
11.35
38.98
14.10
46.48
20.83
12.19
30.94
10.27
—
22.35
—
—
7.33
18.26
—
18.62
14.32
8.38
14.01
16.28
—
—
1.26
1.89
6.06
4.62
2.97
—
1.94
—
—
3.35
—
6.67
—
2.79
—
1.63
0.99
3.68
—
—
—
3.56
2.35
1.92
3.75
—
—
7.47
7.22
—
—
—
—
—
2.11
9.45
—
4.75
5.24
2.67
1.52
—
6.94
1.83
2.59
—
4.66
4.29
—
2.00
4.53
—
—
4.65
2.35
1.64
2.35
—
—
542.3
994.5
72.0
412.2
459.4
50.8
2,963.9
25.4
78.7
210.6
120.0
24.0
924.0
80.6
24.8
1,404.2
746.9
30.5
440.4
31.5
301.0
270.0
187.2
1,414.7
1,481.3
242.4
63.0
1,819.7
5.1
18.6
21.2
46.1
54.5
45.9
449.5
230.1
61.4
290.6
243.4
5,646.2
70.6
40.0
672.0
949.6
92.8
158.4
1,387.5
542.4
32.1
200.0
673.3
50.4
18.4
516.0
510.2
340.6
136.0
66.2
50.2
1.097
1.567
1.380
0.802
0.625
1.493
0.280
0.260
2.504
1.800
4.587
9.850
2.100
0.480
2.940
0.070
0.410
7.790
1.412
3.263
0.015
0.455
6.759
0.882
1.380
1.969
0.335
0.445
0.395
1.943
0.368
1.808
4.358
1.479
0.650
0.305
0.410
0.350
0.735
1.881
2.620
1.756
0.165
6.970
1.050
3.372
1.450
1.485
0.730
0.950
2.243
1.340
9.171
2.394
0.524
0.090
0.205
0.347
2.380
0.930
0.110
0.937
0.860
1.960
0.145
2.750
0.491
0.715
1.430
1.384
0.105
1.381
1.570
0.435
0.240
7.047
25.957
0.250
6.824
0.250
0.415
4.308
3.259
3.310
1.150
0.200
0.450
0.828
0.899
0.660
0.145
2.429
0.220
0.360
1.310
1.385
1.612
8.808
0.888
2.460
1.530
2.700
3.035
0.190
2.608
0.420
1.639
2.123
14.496
1.850
0.450
0.260
6.961
0.865
1.630
0.550
2.858
1.091
2.989
1.620
1.382
0.700
2.550
0.815
2.938
0.545
4.410
1.438
0.070
3.177
1.040
1.710
FINANCE
13.663
2.588
4.296
11.519
11.427
5.718
1.911
4.180
8.950
5.412
0.500
1.298
13.760
10.100
15.522
2.650
0.868
0.915
0.185
2.700
0.695
16.240
1.280
2.980
8.886
1.461
3.890
1.800
1.455
19.480
0.960
5134
9822
7811
5170
7247
9237
4731
7239
7366
7073
5145
5163
4324
5181
7115
7155
7248
7132
5665
7143
6904
7207
7235
7106
5012
4022
5149
4448
4448P
5178
7097
7439
9741
6378
7034
7374
7854
7285
5010
7113
7173
4359
7100
7133
7227
4995
6963
5142
7226
7111
7231
7050
7025
5009
4243
7245
5048
7020
7014
SAB
SAM
SAPIND
SCABLE
SCGM
SCIB
SCIENTX
SCNWOLF
SCOMIEN
SEACERA
SEALINK
SEB
SHELL
SIGGAS
SKBSHUT
SKPRES
SLP
SMISCOR
SSTEEL
STONE
SUBUR
SUCCESS
SUPERLN
SUPERMX
TAANN
TADMAX
TAS
TASEK
TASEK-PA
TATGIAP
TAWIN
TECGUAN
TECNIC
TEKALA
TGUAN
TIENWAH
TIMWELL
TOMYPAK
TONGHER
TOPGLOV
TOYOINK
TURIYA
UCHITEC
ULICORP
UMSNGB
VERSATL
VS
WASEONG
WATTA
WEIDA
WELLCAL
WONG
WOODLAN
WTHORSE
WTK
WZSATU
YILAI
YKGI
YLI
3.960
7.900
0.990
1.300
3.480
0.690
12.860
0.290
0.230
0.895
0.240
0.300
3.080
0.430
0.620
1.200
3.020
0.680
1.050
0.350
1.440
2.250
2.340
2.080
3.330
0.495
0.350
14.720
15.240
0.120
0.330
1.150
1.350
0.300
4.270
1.590
0.690
1.770
1.910
4.500
0.660
0.175
1.520
6.540
1.160
1.350
1.180
0.700
0.380
1.500
2.030
0.550
0.460
2.150
1.060
1.020
0.850
0.190
0.495
—
UNCH
—
UNCH
UNCH
-0.040
0.220
—
UNCH
0.010
0.010
-0.005
UNCH
-0.015
—
0.030
0.120
—
0.030
0.005
-0.010
-0.020
0.020
-0.030
UNCH
0.035
-0.010
0.020
—
0.015
—
0.040
0.020
UNCH
0.090
UNCH
—
UNCH
-0.010
-0.030
—
-0.020
UNCH
-0.060
-0.020
-0.020
UNCH
0.025
0.015
0.010
0.030
0.005
—
—
0.020
UNCH
0.010
-0.005
UNCH
—
175.5
—
177.9
45
26
135.1
—
112.3
106.7
12
5
85.7
105
—
849.9
136
—
2789.6
92
3
10
221.9
2779.5
127.5
6957.8
40
10.6
—
4719.5
—
17.2
365
19.8
410.7
455.6
—
418.6
17
4394
—
68.9
472.9
21.2
15
134.7
3875.2
1076.5
67.3
112.2
148.7
194.5
—
—
258.6
51.8
48.3
242.3
50
7007
7070
7078
6173
5190
5932
8761
8591
7528
5253
8877
7047
9261
5398
5226
5169
5169PA
5169PB
6238
3336
5268
8834
4723
9083
7161
3565
5171
9628
5129
5006
9571
5924
5085
5703
8311
7055
5070
7145
9598
5205
5263
9717
5054
5622
5042
9679
7028
2283
ARK
ASUPREM
AZRB
BDB
BENALEC
BPURI
BREM
CRESBLD
DKLS
ECONBHD
EKOVEST
FAJAR
GADANG
GAMUDA
GBGAQRS
HOHUP
HOHUP-PA
HOHUP-PB
HSL
IJM
IKHMAS
IREKA
JAKS
JETSON
KERJAYA
KEURO
KIMLUN
LEBTECH
MELATI
MERGE
MITRA
MTDACPI
MUDAJYA
MUHIBAH
PESONA
PLB
PRTASCO
PSIPTEK
PTARAS
SENDAI
SUNCON
SYCAL
TRC
TRIPLC
TSRCAP
WCT
ZECON
ZELAN
0.305
0.125
0.650
0.680
0.480
0.375
0.845
0.920
1.740
1.400
1.500
0.550
2.310
4.910
1.060
0.780
1.240
1.290
1.700
3.440
0.735
0.500
0.950
0.235
2.150
0.925
1.840
1.540
0.700
0.250
1.340
0.275
1.120
2.210
0.355
1.160
1.590
0.120
3.450
0.460
1.630
0.370
0.390
2.250
0.500
1.490
0.580
0.150
—
UNCH
0.015
0.040
-0.005
0.005
—
0.020
—
0.010
0.010
UNCH
0.130
UNCH
-0.010
0.005
—
—
0.020
-0.020
0.010
—
-0.010
0.010
0.020
-0.005
0.020
—
UNCH
-0.005
0.010
UNCH
UNCH
UNCH
UNCH
-0.070
-0.040
UNCH
0.030
-0.005
0.010
0.005
-0.005
UNCH
-0.010
0.020
-0.015
-0.005
—
462.2
744.8
6.1
371
155
—
11.7
—
349.3
64
15.8
4711.6
1947
2663.9
40.5
—
—
41.6
1908.8
1776.8
—
277
31
397.5
422
661.6
—
10
18
948.2
49.4
146.9
270.9
35
14
19.5
524.3
19
261.4
2154.2
10501
37
399.6
15
102.4
314.6
200.4
— 57.55
0.125
—
0.644 13.24
0.651
7.92
0.481 25.95
0.371 25.17
— 16.90
0.896 18.36
—
7.82
1.384 11.63
1.492 44.38
0.535 21.74
2.257
5.67
4.903 18.85
1.068
—
0.777
3.91
—
—
—
—
1.692 12.82
3.448 15.43
0.734 12.65
—
—
0.948 11.15
0.211 783.33
2.126
6.48
0.930 34.39
1.840
9.59
—
—
0.700
6.70
0.252 14.71
1.334
9.20
0.280
—
1.122 25.23
2.215 12.18
0.355 15.64
1.173 18.65
1.609
7.95
0.115 11.32
3.450 23.15
0.465
—
1.631 17.30
0.369 10.14
0.398
1.24
2.275 17.62
0.500 17.67
1.491
9.39
0.565
—
0.150
—
—
—
3.08
5.88
0.63
5.33
3.55
4.35
1.72
2.50
1.33
2.27
2.16
2.44
—
—
2.02
1.16
1.41
2.03
1.36
—
—
—
1.40
—
3.15
—
2.50
—
3.73
—
—
2.26
2.82
4.31
5.66
—
5.51
1.09
2.45
—
1.67
—
1.78
2.01
—
—
14.8
36.5
314.3
206.6
389.7
89.7
291.9
162.8
161.3
749.0
1,283.2
199.5
597.4
11,865.6
414.4
272.2
9.7
23.3
990.5
12,381.2
382.2
85.4
416.4
44.2
1,089.7
927.5
553.0
210.2
84.0
16.8
893.6
63.7
618.7
1,049.3
232.2
105.9
539.6
38.0
564.2
356.0
2,107.4
118.5
187.4
150.5
87.2
1,874.2
69.1
126.7
5238
5166
6599
7315
5099
5014
5115
0159
6351
7083
5194
5210
1481
6399
7048
7579
6888
5021
7251
7241
6998
5032
5275
5248
3395
5196
4219
6025
1562
7036
9474
2771
5257
5245
2925
7117
7209
7016
5104
5136
5037
5184
0091
5141
5132
7212
7277
5908
5216
2097
5259
5036
7471
1368
0064
AAX
AEGB
AEON
AHB
AIRASIA
AIRPORT
ALAM
AMEDIA
AMWAY
ANALABS
APFT
ARMADA
ASB
ASTRO
ATLAN
AWC
AXIATA
AYS
BARAKAH
BHS
BINTAI
BIPORT
BISON
BJAUTO
BJCORP
BJFOOD
BJLAND
BJMEDIA
BJTOTO
BORNOIL
BRAHIMS
BSTEAD
CARIMIN
CARING
CCB
CENTURY
CHEETAH
CHUAN
CNI
COMPLET
COMPUGT
CYPARK
DAYA
DAYANG
DELEUM
DESTINI
DIALOG
DKSH
DSONIC
EASTLND
EATECH
EDARAN
EDEN
EDGENTA
EFFICEN
0.390
0.255
2.580
0.220
2.630
6.060
0.335
0.095
8.820
2.200
0.045
0.730
0.120
2.890
5.200
0.820
5.500
0.240
0.680
0.410
0.190
6.990
1.460
2.220
0.350
1.760
0.700
0.400
3.150
0.185
0.905
3.190
0.385
1.700
3.070
0.845
0.450
0.410
0.070
0.745
0.045
1.960
0.070
1.040
1.060
0.580
1.530
3.950
1.290
0.245
0.975
0.300
0.225
3.430
0.265
0.010 20892.7
—
—
0.060
11.9
0.005
98
0.040 29533.5
0.060
2270
-0.015 1471.7
UNCH
747.6
0.010
1.3
-0.040
18
UNCH 1846.8
0.010 9432.6
0.005
1100
0.040 1914.8
—
—
0.010 4816.2
UNCH
5602
UNCH
20
0.005
162.9
UNCH
309.7
UNCH
275
—
—
-0.010
37
0.020 1146.8
UNCH 5783.6
-0.040
3
UNCH
3
—
—
0.030
574.1
UNCH 154513.8
UNCH
408.6
0.390
2594
-0.010
10.7
—
—
0.070
145.9
UNCH
656
—
—
—
—
—
—
-0.005
293
UNCH
776
UNCH
38
UNCH
657.2
0.010
203.4
-0.010
43.6
UNCH 1389.7
UNCH 2916.7
0.020
8.3
0.020
761.4
—
—
UNCH
550.1
—
—
-0.010
378.8
0.020
50.4
UNCH
37
0.384
—
—
—
2.568 32.13
0.216 19.30
2.640
5.78
6.060
—
0.334 13.73
0.095
—
8.866 32.12
2.200 10.45
0.045
—
0.729
—
0.116
—
2.880 23.29
— 30.62
0.822 15.24
5.503 20.43
0.240 11.06
0.673 111.48
0.404
—
0.190
—
— 24.31
1.472
—
2.196 12.80
0.350
—
1.760 27.94
0.687
—
—
—
3.138 13.86
0.188 24.03
0.909
—
2.983
—
0.385
—
— 51.52
3.014
5.62
0.841 10.85
— 32.14
—
—
—
—
0.750
5.60
0.040 34.62
1.951
9.35
0.070
—
1.047
8.19
1.063
9.83
0.579 17.74
1.524 27.92
3.944 17.36
1.294 27.56
—
—
0.976 12.53
—
—
0.225
—
3.428 16.00
0.265
4.10
—
39.22
1.55
—
1.52
1.40
—
—
3.97
1.36
—
1.12
2.08
4.56
3.37
—
3.64
4.17
2.94
—
—
3.15
—
4.23
2.86
3.13
—
—
5.24
—
—
5.96
—
1.18
1.63
4.73
1.67
1.39
4.29
4.03
—
2.55
—
6.73
5.19
—
1.44
2.41
2.33
—
2.31
—
—
4.37
—
1,617.8
104.5
3,622.3
35.2
7,319.2
10,054.7
309.7
22.7
1,449.9
132.1
19.5
4,282.4
79.7
15,042.5
1,319.0
214.4
49,090.4
91.3
560.9
171.8
40.8
3,215.4
452.7
2,546.8
1,669.9
665.8
3,500.2
94.0
4,255.7
554.2
213.8
4,618.6
90.0
370.1
309.3
323.1
57.4
69.2
50.4
91.2
96.0
495.8
129.7
912.2
424.0
567.7
8,062.4
622.7
1,741.5
60.2
491.4
18.0
70.1
2,852.5
187.9
YEAR
LOW
DAY
HIGH
DAY
LOW
0.810
—
—
1.047
—
—
0.970 1.190
1.170
0.481 0.565
0.560
0.410 0.420
0.415
1.140 1.200
1.170
0.125 0.135
0.130
0.110
—
—
1.852 2.380
2.360
0.815 1.560
1.540
3.679 4.350
4.250
6.477 8.220
8.000
1.013 2.100
2.030
0.380 0.425
0.405
1.773 2.940
2.880
0.060
—
—
0.255 0.270
0.255
4.433 7.730
7.690
0.880 0.950
0.925
2.665 2.940
2.940
0.005 0.010
0.005
0.250 0.345
0.335
5.295 6.690
6.620
0.683 0.780
0.740
0.920
—
—
1.442 1.690
1.680
0.205 0.245
0.235
0.315
—
—
0.290
—
—
1.638 1.890
1.880
0.226 0.260
0.260
1.250
—
—
3.885 4.290
4.260
0.940 1.050
1.030
0.350 0.530
0.520
0.135 0.145
0.135
0.232 0.370
0.360
0.190 0.280
0.275
0.500 0.570
0.570
0.944 1.500
1.480
2.190 2.350
2.320
1.151 1.620
1.600
0.127 0.155
0.155
5.312 6.100
5.970
0.510 0.835
0.820
1.914 2.010
1.990
0.710
—
—
0.962 1.410
1.380
0.468 0.720
0.705
0.600
—
—
1.608 1.820
1.770
0.875 1.100
1.090
6.880 7.420
7.330
1.462 2.060
2.030
0.320 0.335
0.330
0.060 0.075
0.070
0.155 0.165
0.155
0.220 0.230
0.220
1.241 1.890
1.720
0.560
—
—
0.065 0.080
0.075
0.651
—
—
0.583 0.820
0.810
1.207 1.910
1.890
0.085 0.090
0.090
1.646 2.080
2.010
0.378 0.435
0.435
0.445 0.575
0.570
0.795 0.835
0.830
0.879 1.100
1.080
0.055 0.065
0.060
0.816 1.230
1.170
1.400
—
—
0.225 0.235
0.225
0.135
—
—
4.977 6.610
6.480
18.503 23.740 23.400
0.030
—
—
5.139 5.610
5.580
0.140 0.145
0.140
0.205 0.220
0.220
2.040 2.810
2.660
1.559 1.810
1.740
2.150 2.160
2.150
0.790 0.900
0.885
0.100 0.165
0.160
0.340 0.370
0.360
0.528 0.590
0.575
0.580 0.795
0.750
0.400 0.400
0.400
0.090 0.110
0.110
1.529 2.220
2.200
0.135 0.160
0.150
0.190 0.200
0.195
0.968
—
—
1.160 1.210
1.200
1.293 1.340
1.330
6.485 7.510
7.410
0.700
—
—
1.290 1.420
1.380
1.280 1.310
1.290
2.206 2.660
2.630
2.380
—
—
0.095 0.100
0.095
1.820 2.040
1.980
0.300 0.355
0.300
1.175 1.440
1.400
1.471 1.550
1.550
10.030 14.260 14.100
1.229 1.630
1.610
0.275 0.285
0.280
0.065 0.075
0.065
5.792 6.800
6.750
0.460 0.865
0.850
0.882 1.630
1.540
0.330
—
—
2.540
—
—
0.854
—
—
2.218
—
—
0.860 0.925
0.915
1.092 1.170
1.120
0.455
—
—
1.560 1.840
1.820
0.375 0.700
0.700
2.086
—
—
0.410
—
—
3.566 4.320
4.240
0.872 1.000
0.990
0.025
—
—
2.310 2.880
2.840
0.435 1.040
1.020
1.349 1.660
1.610
10.535
2.028
3.018
9.702
9.572
4.126
1.339
3.170
7.329
3.841
0.310
1.192
11.509
7.327
11.940
1.778
0.572
0.832
0.105
1.780
0.460
13.847
0.624
2.564
7.901
0.700
2.420
1.290
1.209
16.745
0.690
13.380
2.150
4.070
10.060
—
4.410
1.680
4.040
8.790
4.420
0.395
1.230
13.360
—
15.300
2.640
0.650
0.910
0.115
2.680
0.500
16.180
1.240
—
8.200
0.785
2.480
1.370
1.310
19.420
0.725
13.220
2.120
4.000
9.900
—
4.320
1.610
4.000
8.650
4.380
0.390
1.210
13.220
—
14.900
2.640
0.635
0.910
0.115
2.680
0.490
16.100
1.220
—
8.170
0.760
2.420
1.350
1.290
19.260
0.720
CODE
5081
5208
5056
6939
9318
7210
0128
9377
5209
0078
4715
3182
3204
7676
7668
7110
7253
3034
2062
5008
7013
5255
5225
5614
5673
0058
8923
8672
5079
6491
0151
5035
5878
5843
9121
4847
6874
7170
8486
5143
3859
5264
3514
6012
5077
5983
7189
4502
5090
7234
3069
5186
3816
2194
0059
0043
3891
3905
0138
9806
4464
5533
0172
5201
3018
5260
8419
5125
5657
5041
6254
5133
7108
0047
7080
5219
5681
7027
7081
7201
7163
4634
5204
8346
5272
0037
8885
8567
5147
7185
9113
0099
7158
7045
7053
9792
5250
4197
9431
5218
5242
6084
9865
1201
6521
5173
8524
5140
5347
8702
7228
7206
4863
0101
8397
7218
5711
5167
7137
5243
7091
5754
7250
7240
5016
7692
5246
5267
7122
7293
7066
4677
5139
5185
2488
1163
1163PA
1015
5088
5258
1818
1023
2143
5228
5819
5274
1082
6688
3379
3379PA
3441
5096
6483
8621
1198
1058
1155
1171
6459
5237
6009
1295
9296
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
EIG
EITA
ENGTEX
FIAMMA
FITTERS
FREIGHT
FRONTKN
FSBM
GASMSIA
GDEX
GENM
GENTING
GKENT
GUNUNG
HAIO
HAISAN
HANDAL
HAPSENG
HARBOUR
HARISON
HUBLINE
ICON
IHH
ILB
IPMUDA
JCBNEXT
JIANKUN
KAMDAR
KBES
KFIMA
KGB
KNUSFOR
KPJ
KPS
KPSCB
KTB
KUB
LFECORP
LIONFIB
LUXCHEM
MAGNUM
MALAKOF
MARCO
MAXIS
MAYBULK
MBMR
MBWORLD
MEDIA
MEDIAC
MESB
MFCB
MHB
MISC
MMCCORP
MMODE
MTRONIC
MUIIND
MULPHA
MYEG
NATWIDE
NICORP
OCB
OCK
OLDTOWN
OLYMPIA
OWG
PANSAR
PANTECH
PARKSON
PBA
PDZ
PENERGY
PERDANA
PERISAI
PERMAJU
PESTECH
PETDAG
PETONE
PHARMA
PICORP
PJBUMI
POS
PRESBHD
PRKCORP
RANHILL
RGB
RPB
SALCON
SAMCHEM
SAMUDRA
SANBUMI
SCICOM
SCOMI
SCOMIES
SEEHUP
SEG
SEM
SIME
SJC
SKPETRO
SOLID
STAR
SUIWAH
SUMATEC
SURIA
SYSCORP
TALIWRK
TASCO
TENAGA
TEXCHEM
TGOFFS
THHEAVY
TM
TMCLIFE
TNLOGIS
TOCEAN
TSTORE
TURBO
UMS
UMWOG
UNIMECH
UTUSAN
UZMA
VOIR
WARISAN
WIDETEC
WPRTS
XINHWA
YFG
YINSON
YONGTAI
YTL
0.850
1.140
1.170
0.565
0.420
1.200
0.135
0.210
2.380
1.560
4.280
8.220
2.050
0.415
2.930
0.065
0.255
7.710
0.940
2.940
0.010
0.345
6.640
0.740
0.960
1.680
0.245
0.350
0.355
1.880
0.260
1.300
4.280
1.040
0.530
0.135
0.365
0.275
0.570
1.480
2.350
1.620
0.155
6.090
0.820
2.010
1.130
1.380
0.710
0.620
1.810
1.100
7.400
2.050
0.335
0.075
0.165
0.225
1.790
0.750
0.080
0.705
0.820
1.900
0.090
2.040
0.435
0.570
0.830
1.100
0.065
1.230
1.540
0.225
0.170
6.500
23.600
0.055
5.610
0.145
0.220
2.800
1.760
2.160
0.900
0.160
0.370
0.580
0.785
0.400
0.110
2.200
0.155
0.200
1.120
1.210
1.340
7.450
0.720
1.400
1.300
2.660
2.400
0.095
2.020
0.355
1.430
1.550
14.180
1.630
0.285
0.070
6.760
0.860
1.620
0.440
2.600
0.900
2.560
0.920
1.170
0.480
1.840
0.700
2.100
0.410
4.250
1.000
0.030
2.860
1.030
1.630
—
—
-0.020
-0.005
UNCH
0.030
UNCH
—
UNCH
0.020
-0.010
0.250
0.020
UNCH
0.070
—
UNCH
0.010
0.020
0.040
UNCH
0.010
0.010
-0.020
—
-0.010
UNCH
—
—
-0.020
-0.010
—
-0.010
0.010
0.010
-0.010
0.005
-0.005
UNCH
UNCH
0.050
UNCH
-0.005
0.160
-0.005
UNCH
—
-0.010
-0.010
—
0.040
0.010
0.100
0.020
0.005
0.005
0.005
UNCH
-0.080
—
0.005
—
0.010
-0.010
UNCH
UNCH
0.005
UNCH
UNCH
0.020
0.005
UNCH
—
-0.005
—
-0.100
0.160
—
0.020
UNCH
UNCH
0.160
-0.050
0.010
0.015
UNCH
0.010
0.005
-0.010
UNCH
UNCH
-0.010
UNCH
UNCH
—
0.010
0.010
0.040
—
0.010
UNCH
0.010
—
-0.005
-0.020
0.025
UNCH
UNCH
0.080
0.060
0.005
UNCH
-0.020
0.015
0.080
—
—
—
—
-0.010
-0.010
—
-0.020
0.005
—
—
0.010
UNCH
—
0.010
0.035
UNCH
—
—
1637.8
27
116.3
38.8
975
—
55.6
78.1
7984.7
5349
2829
27.5
292.4
—
61
3073
9.1
2
17207.5
458.8
8201.3
23.6
—
52
23
—
—
26.5
100
—
414.1
650.5
111.2
144
636.8
40
10
33
687.1
336.9
2176.6
4515
573
54.6
—
81.4
70.7
—
140.4
245
3854.3
1635.4
138
2368.2
507.3
7313.4
33990.1
—
409.5
—
521.1
466.3
101.8
86.6
20
124.6
4120.1
51
783
33.9
—
1287.8
—
275.3
234.2
—
17.1
123.5
30
977.9
404
5.3
158.4
1280
107.2
1064.8
7.4
90
20
52.9
862.1
527.9
—
69
1155.6
3746.7
—
7566.8
37.4
22.1
—
14927
26.6
83.1
1168.5
20
8954.1
15
50
14965.1
5505.8
638.5
4397.8
—
—
—
—
300.1
4
—
224.5
10
—
—
1682.3
19
—
93.2
6375
11976.1
—
—
1.184
0.563
0.417
1.170
0.132
—
2.376
1.542
4.281
8.149
2.071
0.412
2.918
—
0.258
7.710
0.938
2.940
0.006
0.344
6.649
0.771
—
1.689
0.236
—
—
1.887
0.260
—
4.280
1.036
0.526
0.137
0.365
0.279
0.570
1.491
2.338
1.610
0.155
6.064
0.826
2.009
—
1.398
0.713
—
1.785
1.092
7.402
2.050
0.332
0.070
0.161
0.224
1.792
—
0.078
—
0.817
1.904
0.090
2.029
0.435
0.573
0.831
1.091
0.060
1.182
—
0.230
—
6.508
23.631
—
5.591
0.144
0.220
2.742
1.780
2.151
0.894
0.164
0.360
0.582
0.753
0.400
0.110
2.201
0.155
0.196
—
1.202
1.340
7.460
—
1.402
1.295
2.649
—
0.095
1.995
0.329
1.413
1.550
14.164
1.621
0.282
0.067
6.766
0.858
1.600
—
—
—
—
0.920
1.145
—
1.830
0.700
—
—
4.280
0.996
—
2.859
1.029
1.631
9.76
9.12
8.40
5.19
22.34
9.98
—
—
28.07
62.90
22.91
34.00
12.32
—
15.70
—
7.14
17.71
6.79
13.48
—
—
54.70
—
—
8.90
—
—
—
10.03
—
—
32.60
3.83
4.39
337.50
54.48
28.06
—
8.63
16.29
3.31
8.86
24.73
—
11.67
—
11.17
11.53
17.08
5.58
—
12.95
24.64
6.04
10.27
—
3.85
37.21
—
42.11
13.69
14.56
16.34
4.50
25.73
15.43
9.13
—
8.69
—
10.41
—
—
—
15.46
29.18
1.20
20.57
—
—
23.85
52.38
3.45
19.78
9.14
—
—
25.82
105.26
—
18.87
10.69
—
5.07
44.49
29.39
20.61
25.99
—
27.90
16.13
30.00
16.38
4.45
295.83
20.52
10.12
16.31
71.81
—
—
28.38
84.31
8.48
84.62
28.29
17.24
6.18
—
15.42
—
29.21
—
—
16.94
26.07
11.47
—
13.23
214.58
18.54
4.12
3.51
0.64
4.42
1.43
4.17
—
—
3.47
0.64
1.66
0.43
2.44
1.45
5.12
—
—
3.24
2.66
5.10
—
—
0.45
3.38
3.13
2.08
—
—
—
4.52
1.92
1.54
1.65
3.85
—
—
1.37
—
—
4.39
6.38
4.32
4.52
3.28
1.22
3.48
—
7.25
6.35
—
4.22
—
4.05
1.85
1.79
—
—
—
0.67
—
—
1.42
0.73
3.16
—
—
4.60
3.68
—
3.41
—
1.63
1.30
—
—
1.08
2.54
—
4.81
4.21
—
4.68
2.13
—
—
3.13
—
3.45
3.82
—
—
3.64
—
—
4.02
10.74
1.72
3.36
1.39
0.96
2.00
6.77
2.50
—
3.47
—
5.59
2.90
2.05
9.20
—
—
3.17
0.16
2.47
—
1.44
5.56
2.34
1.09
2.99
—
2.05
—
3.33
—
2.61
1.50
—
0.70
—
5.83
197.5
148.2
355.7
299.4
201.8
213.2
142.2
26.8
3,055.9
2,157.9
25,414.8
30,825.2
615.8
98.0
592.4
5.2
40.8
18,890.4
376.4
201.4
118.0
406.1
54,656.9
131.7
69.6
235.2
37.2
69.3
44.7
521.5
57.8
129.5
4,534.0
519.0
78.3
54.4
203.1
49.9
132.0
405.8
3,378.7
8,100.0
163.4
45,737.5
820.0
785.3
103.8
1,530.7
1,197.9
26.0
727.4
1,760.0
33,032.1
6,242.4
54.5
56.9
483.9
770.1
4,303.5
45.1
69.1
72.5
649.6
880.2
92.1
477.4
121.8
351.4
907.9
364.4
56.5
395.8
1,198.8
275.1
33.3
1,212.9
23,445.5
2.8
1,453.9
95.4
11.0
1,503.7
851.8
216.0
799.5
211.1
317.7
393.1
106.8
74.3
20.8
782.0
297.2
468.4
58.5
905.2
1,652.7
47,136.7
29.2
8,389.0
215.4
1,964.6
146.4
367.3
582.1
426.0
1,729.6
310.0
80,026.4
202.3
108.7
78.5
25,403.6
1,490.3
681.6
18.0
178.1
97.2
104.2
1,989.0
150.4
53.2
535.3
92.4
141.1
18.3
14,492.5
180.0
18.3
3,125.4
165.2
17,594.2
AEONCR
AFFIN
AFG
ALLIANZ
ALLIANZ-PA
AMBANK
APEX
BIMB
BURSA
CIMB
ECM
ELKDESA
HLBANK
HLCAP
HLFG
HWANG
INSAS
INSAS-PA
JOHAN
KAF
KENANGA
LPI
MAA
MANULFE
MAYBANK
MBSB
MNRB
MPHBCAP
P&O
PBBANK
RCECAP
13.340
2.120
4.050
9.940
9.900
4.410
1.610
4.040
8.760
4.400
0.390
1.220
13.260
10.100
14.960
2.640
0.640
0.910
0.115
2.680
0.495
16.140
1.230
2.890
8.190
0.780
2.430
1.370
1.310
19.340
0.725
0.120
36.4
-0.010
206.5
UNCH
416.9
-0.080
3.6
—
—
0.050
1730
0.010
9.3
0.050
14.7
0.100
832.3
0.010 10837.7
UNCH
130.6
-0.010
159.9
0.080
604.2
—
—
-0.340
289.8
UNCH
410
0.005
269.2
UNCH
0.3
-0.005
1.9
UNCH
4
0.005
71.9
-0.040
92.9
UNCH
655.9
—
—
-0.010 6443.6
0.020 8830.5
-0.060
46.8
UNCH
17.8
UNCH
43
UNCH 3456.5
0.005
41.7
13.313
2.132
4.035
10.000
—
4.378
1.629
4.001
8.745
4.400
0.390
1.219
13.280
—
15.053
2.640
0.645
0.910
0.115
2.680
0.490
16.163
1.232
—
8.187
0.777
2.448
1.360
1.298
19.337
0.723
8.95
9.06
11.84
5.43
—
10.17
19.52
11.46
23.25
12.12
9.05
9.46
12.36
30.31
11.57
18.42
5.77
—
—
72.43
27.65
16.28
15.30
18.68
11.97
12.75
—
17.47
11.06
14.59
5.88
4.46
3.77
3.58
0.65
0.79
4.60
3.11
3.02
3.94
3.18
—
5.53
3.03
0.84
2.54
3.79
1.56
8.79
—
3.73
2.02
4.34
4.88
3.11
6.59
3.72
—
—
7.40
2.90
8.28
1,921.0
4,119.1
6,269.8
1,715.5
878.8
13,292.6
343.8
6,418.3
4,689.1
38,407.0
111.8
273.9
28,743.9
2,493.7
17,166.9
673.6
443.7
120.7
71.6
321.6
362.2
5,358.3
360.0
584.8
81,971.8
4,523.0
517.8
979.6
322.2
75,080.6
247.2
7
0
4
1
PROP
0
1
0
0
0
0
0
1
2
2
2
1
1
0
1
1
2
0
0
0
0
0
1
0
1
0
1
2
2
0
1
0
0
1
1
0
1
1
0
1
1
0
2
1
0
0
0
2
0
0
1
1
0
2
2
1
1
0
1
2
0
1
0
1
0
3
0
1
5
3
1
3
0
0
8
0
1
0
0
0
1
1
1
2
1
1
2
0
MINI
1
PLAN
0
18
9
1
0
8
0
8
1
11
0
1
1
2
3
0
0
5
24
3
3
0
4
1
1
0
2
4
0
1
0
4
3
0
4
2
0
1
1
2
6
27
HOTE
0
1
0
6
TECH
0
0
0
0
0
0
0
1
1
2
1
0
0
6
0
3
0
0
5
0
10
* Volu
Markets 2 7
BURSA MAL AYSIA MAIN MARKET . ACE MARKET
AP
IL)
7.5
8.2
5.7
9.4
1.8
3.2
2.2
6.8
5.9
7.9
4.8
5.2
5.8
8.0
2.4
5.2
0.8
0.4
6.4
1.4
8.0
6.1
6.9
1.7
9.6
5.2
7.2
9.3
4.7
1.5
7.8
9.5
4.0
9.0
8.3
4.4
3.1
9.9
2.0
5.8
8.7
0.0
3.4
7.5
0.0
5.3
3.8
0.7
7.9
6.0
7.4
0.0
2.1
2.4
4.5
6.9
3.9
0.1
3.5
5.1
9.1
2.5
9.6
0.2
2.1
7.4
1.8
1.4
7.9
4.4
6.5
5.8
8.8
5.1
3.3
2.9
5.5
2.8
3.9
5.4
1.0
3.7
1.8
6.0
9.5
1.1
7.7
3.1
6.8
4.3
0.8
2.0
7.2
8.4
8.5
5.2
2.7
6.7
9.2
9.0
5.4
4.6
6.4
7.3
2.1
6.0
9.6
0.0
6.4
2.3
8.7
8.5
3.6
0.3
1.6
8.0
8.1
7.2
4.2
9.0
0.4
3.2
5.3
2.4
1.1
8.3
2.5
0.0
8.3
5.4
5.2
4.2
1.0
9.1
9.8
5.5
8.8
2.6
3.8
8.3
9.1
7.0
1.8
3.9
3.9
3.7
6.9
3.6
3.7
0.7
1.6
1.6
2.2
8.3
0.0
4.8
1.8
3.0
7.8
9.6
2.2
0.6
7.2
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
7.211 4.560 5.160
5.100
0.700 0.495 0.505
0.495
4.440 3.654 4.050
3.920
1.624 1.063 1.500
1.450
PROPERTIES
0.990 0.693 0.860
0.840
1.200 0.760 0.985
0.985
0.495 0.354 0.425
0.425
0.250 0.155 0.180
0.170
0.680 0.425 0.455
0.450
0.680 0.450 0.490
0.485
0.909 0.735
—
—
1.180 0.900 1.050
1.020
2.275 1.440 1.490
1.480
2.239 1.280
—
—
2.487 1.939 2.200
2.170
1.080 0.430 0.650
0.650
1.832 1.380 1.730
1.660
0.335 0.210 0.260
0.255
1.670 1.170 1.260
1.230
1.080 0.590 0.630
0.605
2.780 1.750 2.050
1.900
0.920 0.655 0.770
0.715
0.563 0.428 0.515
0.510
0.898 0.693
—
—
0.498 0.332 0.405
0.395
0.665 0.400 0.415
0.410
1.459 1.005 1.240
1.220
0.600 0.430
—
—
1.888 1.547 1.760
1.720
0.668 0.455 0.500
0.500
1.313 0.950
—
—
2.738 2.213 2.450
2.440
2.450 1.735 2.360
2.310
0.500 0.315 0.425
0.410
1.140 0.745 0.950
0.935
0.305 0.180 0.200
0.190
0.070 0.040 0.055
0.055
1.114 0.824 0.950
0.940
1.730 1.080 1.100
1.090
0.460 0.324 0.390
0.380
1.548 1.209 1.380
1.360
1.630 1.179 1.610
1.590
0.355 0.220 0.240
0.235
1.116 0.805 0.935
0.930
1.560 1.240 1.490
1.470
0.828 0.607 0.665
0.645
2.580 1.958 2.430
2.410
1.380 1.032
—
—
0.615 0.495 0.510
0.510
0.980 0.555 0.910
0.895
0.392 0.263
—
—
2.810 1.842 2.510
2.490
0.457 0.286 0.315
0.310
0.255 0.140 0.180
0.170
1.482 0.775 1.080
1.060
1.400 0.755 0.780
0.780
0.390 0.265 0.290
0.285
2.740 1.760 1.810
1.790
2.980 2.510 2.900
2.810
1.975 1.473 1.600
1.570
1.904 1.300 1.330
1.300
0.500 0.280 0.400
0.400
1.477 1.253 1.400
1.360
2.200 1.630 1.660
1.660
0.285 0.195 0.245
0.240
1.682 0.695 1.050
1.020
0.910 0.625
—
—
1.080 0.855
—
—
0.635 0.400
—
—
3.199 2.677 3.020
2.980
0.190 0.130 0.140
0.135
1.074 0.726 0.850
0.850
5.482 4.111 4.640
4.640
3.188 2.626 2.880
2.820
1.150 0.810 0.830
0.820
3.240 2.836 2.990
2.970
0.845 0.670 0.690
0.675
0.315 0.225 0.240
0.230
8.648 6.000
—
—
0.075 0.045 0.050
0.045
1.605 1.133 1.450
1.420
0.180 0.065 0.075
0.070
0.747 0.195
—
—
0.095 0.045 0.050
0.045
1.800 1.350
—
—
1.149 0.774 1.020
1.000
1.344 0.740 1.030
1.010
2.200 1.569 2.180
2.150
1.400 1.030 1.150
1.150
1.530 1.000 1.000
1.000
2.060 1.474 1.920
1.870
0.750 0.590 0.600
0.595
MINING
1.360 1.140
—
—
PLANTATIONS
0.367 0.182
—
—
18.360 16.560 18.020 17.940
9.478 7.782 8.690
8.680
1.536 1.032 1.480
1.470
0.813 0.620 0.630
0.625
8.827 7.420
—
—
0.550 0.380 0.440
0.430
8.026 6.777
—
—
1.989 1.151 1.500
1.470
11.516 8.462 10.640 10.480
0.738 0.514 0.555
0.530
1.450 0.973 1.450
1.430
1.020 0.790
—
—
2.490 1.881 2.400
2.340
3.746 2.947 3.330
3.300
0.735 0.593 0.700
0.700
0.785 0.545 0.610
0.610
5.040 3.622 4.400
4.280
24.780 19.357 23.580 23.080
3.569 2.891
—
—
3.600 2.146 3.280
3.240
0.645 0.345 0.580
0.570
4.080 2.410
—
—
1.800 1.300 1.300
1.300
1.780 1.500
—
—
0.979 0.780 0.800
0.785
2.850 1.930
—
—
4.652 3.720
—
—
0.350 0.200 0.220
0.200
1.220 0.800
—
—
0.675 0.465 0.495
0.485
4.080 3.442
—
—
3.300 2.653 2.950
2.950
0.825 0.450 0.600
0.580
4.967 3.565 3.860
3.780
2.062 1.654
—
—
0.810 0.510 0.695
0.690
1.590 1.060 1.090
1.080
1.730 1.150 1.680
1.680
2.236 1.712 1.840
1.810
6.210 5.280 5.850
5.790
27.900 23.977
—
—
HOTELS
0.695 0.497 0.540
0.540
1.280 0.745 0.785
0.750
0.345 0.205 0.265
0.255
6.184 4.800 5.210
5.130
TECHNOLOGY
0.900 0.600
—
—
0.345 0.185 0.190
0.185
0.190 0.090 0.095
0.095
0.430 0.240 0.290
0.285
0.255 0.130 0.150
0.150
0.235 0.150 0.170
0.165
0.267 0.166 0.225
0.205
1.747 1.138 1.610
1.540
1.949 0.514 1.720
1.640
2.056 1.149 1.560
1.550
1.220 0.710 0.915
0.900
0.305 0.185 0.240
0.235
0.304 0.225 0.245
0.225
6.696 2.996 3.230
3.180
0.700 0.510 0.510
0.510
3.912 2.174 2.930
2.880
0.170 0.100 0.130
0.130
0.851 0.542 0.605
0.590
5.950 3.382 5.860
5.550
0.250 0.060 0.145
0.140
10.480 5.449 7.500
7.360
CODE
1066
4898
6139
5230
1007
5959
1007PA
4057
6602
9814
3239
5738
6718
5049
5355
3484
3417
3557
8206
6076
8613
6815
6041
5020
9962
1147
1503
7010
5062
4251
5084
1597
5249
5175
1589
6769
3115
7323
5038
3174
8494
5789
3573
7617
8583
6181
5236
5182
5040
1694
8141
6114
8893
6548
1651
9539
3913
5073
5827
5053
1724
6912
1945
5075
2208
4596
5207
2224
4286
6017
4375
5213
1783
8664
3743
5211
1538
5158
2305
2259
5191
2429
7889
7079
5239
5401
5148
5200
2976
7003
3158
2577
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
RHBBANK
TA
TAKAFUL
TUNEPRO
5.120
0.495
3.990
1.470
0.010
-0.005
UNCH
0.030
3018.4
719.1
226.1
2284.2
5.122
0.497
3.986
1.478
8.81
—
20.80
14.71
2.34
1.11
3.60
3.40
20,531.4
847.4
3,272.5
1,105.1
AMPROP
A&M
AMPROP-PA
ASIAPAC
BCB
BERTAM
BJASSET
CHHB
CRESNDO
CVIEW
DAIMAN
DBHD
E&O
ECOFIRS
ECOWLD
ENCORP
ENRA
EUPE
FARLIM
GLOMAC
GMUTUAL
GOB
GUOCO
HOOVER
HUAYANG
IBHD
IBRACO
IGB
IOIPG
IVORY
IWCITY
JKGLAND
KBUNAI
KEN
KSL
L&G
LBICAP
LBS
LIENHOE
MAGNA
MAHSING
MALTON
MATRIX
MCT
MEDAINC
MENANG
MJPERAK
MKH
MKLAND
MPCORP
MRCB
MUH
MUIPROP
NAIM
OIB
OSK
PARAMON
PASDEC
PJDEV
PLENITU
PTGTIN
SAPRES
SBCCORP
SDRED
SEAL
SHL
SMI
SNTORIA
SPB
SPSETIA
SUNSURIA
SUNWAY
SYMLIFE
TAGB
TAHPS
TALAMT
TAMBUN
TANCO
THRIVEN
TIGER
TITIJYA
TROP
UEMS
UOADEV
WINGTM
Y&G
YNHPROP
YTLLAND
0.845
0.985
0.425
0.180
0.455
0.485
0.775
1.050
1.480
1.400
2.200
0.650
1.690
0.260
1.240
0.630
1.950
0.770
0.510
0.780
0.395
0.410
1.240
0.440
1.750
0.500
0.990
2.450
2.350
0.410
0.940
0.195
0.055
0.940
1.100
0.380
1.380
1.600
0.240
0.930
1.480
0.665
2.430
1.200
0.510
0.910
0.315
2.500
0.310
0.175
1.060
0.780
0.285
1.800
2.890
1.590
1.320
0.400
1.360
1.660
0.245
1.030
0.700
0.930
0.455
2.980
0.140
0.850
4.640
2.870
0.820
2.980
0.685
0.240
6.250
0.045
1.450
0.075
0.195
0.045
1.470
1.010
1.030
2.160
1.150
1.000
1.920
0.600
-0.025
-0.005
UNCH
0.005
0.005
-0.010
—
0.010
UNCH
—
0.030
-0.020
0.030
UNCH
0.010
UNCH
-0.100
0.035
UNCH
—
-0.010
-0.005
-0.010
—
0.010
-0.005
—
UNCH
0.020
-0.010
UNCH
-0.005
UNCH
UNCH
0.010
-0.010
-0.010
-0.010
0.005
-0.010
0.020
0.020
UNCH
—
-0.005
UNCH
—
0.020
-0.005
UNCH
UNCH
UNCH
-0.005
UNCH
0.080
-0.010
UNCH
UNCH
0.010
0.010
0.005
0.030
—
—
—
UNCH
0.005
-0.005
UNCH
UNCH
UNCH
0.010
-0.005
0.010
—
UNCH
0.020
0.005
—
-0.005
—
-0.010
0.010
-0.020
UNCH
UNCH
0.020
0.005
157.4
5
4.5
385.2
130
8.6
—
41.9
16
—
16
35.3
681.5
362
425.3
55.5
2.1
10.1
27.3
—
27.1
917.2
169.9
—
70.5
38.3
—
162.5
1480.1
348.8
382.1
273
172.5
16
624.4
935.6
3
376.4
9.4
20
180.4
72
29.9
—
20
162.3
—
44.8
882.4
64
632.8
1
581
66.1
47.8
134
251
45
8.2
24.8
333.3
24
—
—
—
9.7
380.7
1.7
9
767.2
74.5
1529.6
95.4
1763.5
—
1715
319.5
101
—
8585
—
183.7
893.1
45.1
7.2
3
30.3
24.1
0.851
6.28
0.985 16.23
0.425
—
0.175
2.42
0.451
6.15
0.486 15.02
— 50.32
1.033
—
1.482 25.47
—
8.93
2.179 17.47
0.650
—
1.697 57.48
0.257
9.35
1.239 34.64
0.605
—
1.974 25.39
0.716 29.50
0.514
4.06
—
6.98
0.395
8.64
0.410
4.49
1.233
4.18
—
—
1.740
4.20
0.500 11.01
— 11.24
2.450 15.95
2.346
8.33
0.419 16.02
0.939 361.54
0.196
7.77
0.055
—
0.946
7.24
1.100
4.71
0.383
4.35
1.373
8.37
1.601 10.65
0.238
—
0.933
2.07
1.482 10.30
0.665
8.63
2.423
9.37
— 12.22
0.510
—
0.907 17.95
—
7.16
2.499
6.44
0.312 12.60
0.175
—
1.066 18.86
0.780 10.16
0.285 356.25
1.794 24.19
2.860 13.35
1.580
3.33
1.313 10.29
0.400
—
1.361 10.91
1.660
4.15
0.245
8.63
1.041 52.82
— 12.01
—
9.20
—
—
2.986
8.54
0.140
—
0.850 13.34
4.640
3.22
2.855
9.43
0.823 15.05
2.980
7.64
0.684 15.57
0.237
—
— 22.71
0.045 150.00
1.433
6.48
0.070
—
— 15.12
0.048
—
—
7.25
1.010
7.73
1.023 22.54
2.156
7.46
1.150 11.13
1.000 11.01
1.912 49.48
0.600 24.90
3.55
1.52
4.71
1.67
—
—
1.29
—
3.38
14.29
2.27
—
—
—
—
—
—
—
3.92
5.45
5.06
—
1.61
—
7.43
3.02
3.54
4.08
2.55
—
—
1.54
—
3.19
6.36
5.26
3.62
2.19
—
8.60
4.39
4.51
6.23
1.67
—
—
6.79
2.80
9.68
—
2.36
—
—
1.94
2.60
3.14
6.25
—
5.51
2.71
—
2.91
2.29
3.23
—
6.71
—
2.35
2.59
7.55
—
3.69
7.30
1.38
1.60
—
6.21
—
—
—
3.06
6.93
1.55
6.94
2.61
8.75
—
—
509.0
359.6
125.0
178.7
187.7
100.3
862.6
289.5
415.1
140.0
466.8
201.1
2,129.0
199.2
2,931.7
175.5
265.6
98.6
71.6
567.7
148.4
186.4
868.6
17.6
462.0
496.0
491.4
3,343.8
10,395.5
182.7
692.5
147.9
317.7
180.2
1,116.5
416.7
104.3
927.0
86.8
309.6
3,565.9
298.2
1,373.7
1,601.7
251.2
243.1
81.0
1,048.6
374.3
50.3
1,999.8
44.0
217.8
450.0
418.7
2,230.6
558.3
82.4
719.2
633.3
84.8
143.8
164.4
396.3
100.7
721.5
29.4
411.5
1,594.4
7,570.0
655.0
6,062.9
212.4
1,277.2
467.8
189.9
616.8
25.1
73.5
62.6
529.2
1,461.9
4,673.6
3,284.9
560.0
199.4
847.6
506.6
2186
KUCHAI
1.220
—
—
7054
1899
5069
5254
8982
1929
3948
5029
5222
2291
7382
2135
7501
5138
2216
2607
6262
1961
2445
2453
5027
1996
2003
6572
4936
5026
5047
2038
1902
9695
5113
2542
2569
4316
5126
5135
2054
5112
5251
9059
2593
2089
AASIA
BKAWAN
BLDPLNT
BPLANT
CEPAT
CHINTEK
DUTALND
FAREAST
FGV
GENP
GLBHD
GOPENG
HARNLEN
HSPLANT
IJMPLNT
INCKEN
INNO
IOICORP
KLK
KLUANG
KMLOONG
KRETAM
KULIM
KWANTAS
MALPAC
MHC
NPC
NSOP
PINEPAC
PLS
RSAWIT
RVIEW
SBAGAN
SHCHAN
SOP
SWKPLNT
TDM
THPLANT
TMAKMUR
TSH
UMCCA
UTDPLT
0.290
18.020
8.690
1.480
0.625
7.500
0.440
7.740
1.490
10.580
0.535
1.430
0.850
2.400
3.330
0.700
0.610
4.380
23.300
3.100
3.280
0.580
4.060
1.300
1.600
0.785
2.300
3.910
0.220
0.980
0.490
3.610
2.950
0.600
3.810
1.830
0.690
1.090
1.680
1.840
5.850
27.000
—
0.080
0.010
UNCH
-0.005
—
0.010
—
0.010
0.060
-0.010
0.010
—
0.060
-0.060
UNCH
-0.030
0.100
0.100
—
-0.010
UNCH
—
UNCH
—
-0.010
—
—
0.015
—
UNCH
—
UNCH
0.040
-0.050
—
UNCH
UNCH
-0.010
UNCH
0.070
—
—
3.5
35.9
88.7
89.5
—
35
—
1892.2
353.3
112.6
33
—
93.2
5.5
43
1
3854.9
1089.9
—
64.6
727.2
—
23
—
31.5
—
—
49.9
—
235.6
—
10
84
137.7
—
70.3
563.9
17
63.6
25.5
—
5592
1643
1287
5517
GCE
LANDMRK
PMHLDG
SHANG
0.540
0.785
0.265
5.150
-0.010
0.005
UNCH
-0.100
8
55.3
327
621.6
0.540
0.762
0.261
5.146
7031
5195
0051
7204
8338
0029
4456
5162
0065
0090
0021
0082
0056
7022
5028
0166
9393
5161
9334
0143
3867
AMTEL
CENSOF
CUSCAPI
D&O
DATAPRP
DIGISTA
DNEX
ECS
EFORCE
ELSOFT
GHLSYS
GPACKET
GRANFLO
GTRONIC
HTPADU
INARI
ITRONIC
JCY
KESM
KEYASIC
MPI
0.780
0.190
0.095
0.290
0.150
0.165
0.215
1.540
1.690
1.560
0.900
0.235
0.245
3.190
0.510
2.900
0.130
0.590
5.690
0.140
7.400
—
—
0.005
764.1
UNCH
79.7
-0.005
117.3
0.010
20
UNCH
455
0.005 22790.6
UNCH
60.1
0.020
255.4
UNCH
6.5
-0.020
363.2
-0.005
248
UNCH
15
-0.050
192.4
UNCH
35
UNCH 2620.5
0.005
88
-0.005 2095.2
-0.030
405.5
UNCH 1144.2
0.040
13.3
—
0.188
0.095
0.287
0.150
0.165
0.216
1.555
1.683
1.552
0.905
0.236
0.238
3.201
0.510
2.900
0.130
0.595
5.694
0.142
7.445
—
0.70
151.0
—
—
17.963 10.05
8.684 232.98
1.480 20.79
0.630 31.57
— 26.01
0.436 89.80
— 15.51
1.481
—
10.552 50.09
0.539
1.83
1.448 195.89
—
—
2.379 20.96
3.330 121.09
0.700
—
0.610 14.19
4.378 30.14
23.319 17.76
— 38.90
3.247 14.29
0.575
—
— 96.90
1.300
—
—
—
0.790 68.26
—
6.73
— 52.20
0.211
—
—
—
0.490
—
— 41.12
2.950 34.34
0.593
—
3.818 15.53
— 38.94
0.691 13.66
1.088 19.96
1.680 14.19
1.825
—
5.801 20.52
— 18.44
—
1.24
2.77
0.23
9.46
2.40
2.13
—
3.23
2.68
0.52
1.87
2.80
9.41
3.33
1.50
1.67
—
1.83
1.93
0.32
3.96
—
2.34
—
—
1.91
0.43
1.53
—
—
—
1.66
0.68
—
1.31
4.10
1.74
1.83
8.93
1.09
2.74
1.48
191.4
7,855.8
812.5
2,368.0
199.0
685.2
372.3
1,094.4
5,435.7
8,374.6
119.3
256.4
157.7
1,920.0
2,932.3
294.5
291.6
28,302.8
24,872.9
195.8
1,022.7
1,087.5
5,715.8
405.2
120.0
154.3
276.0
274.5
33.0
320.2
695.1
234.1
195.7
69.0
1,683.2
512.4
1,022.3
963.4
668.9
2,475.6
1,223.9
5,619.6
—
—
—
18.43
3.70
—
—
2.72
106.4
377.4
246.1
2,266.0
80.41
—
—
25.00
—
—
10.80
9.90
49.13
12.34
51.43
—
14.58
15.52
55.43
18.15
—
8.42
7.39
—
9.18
—
—
—
—
—
—
4.47
3.90
1.78
5.13
—
—
2.04
3.45
3.92
2.44
—
11.44
0.53
—
3.11
38.4
95.3
41.4
286.5
63.2
84.0
266.7
277.2
349.4
282.6
586.4
162.3
118.4
899.2
51.6
2,773.9
13.4
1,224.9
244.8
116.8
1,553.1
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
1.200 0.890 0.915
0.910
0.495 0.360 0.395
0.390
0.701 0.410 0.495
0.495
0.360 0.210
—
—
0.915 0.560 0.860
0.835
0.475 0.235
—
—
0.110 0.035 0.085
0.075
2.600 1.498 2.560
2.500
3.797 2.654 3.720
3.700
0.893 0.615 0.640
0.640
INFRASTRUCTURE PROJECT COMPANIES
5.648 4.252 4.790
4.700
5.880 3.957 5.700
5.660
1.950 0.985 1.020
1.000
0.575 0.335 0.355
0.350
7.924 5.408 7.250
7.190
1.600 1.380 1.420
1.400
CLOSED-END FUNDS
2.380 2.100
—
—
EXCHANGE TRADED FUNDS
1.100 1.035 1.100
1.100
1.770 1.550
—
—
1.425 1.015
—
—
1.785 1.580
—
—
1.010 0.900
—
—
1.015 0.850
—
—
1.175 0.990
—
—
1.075 0.940 0.999
0.995
REITS
1.050 0.875 1.040
1.040
1.580 1.243 1.560
1.550
1.112 0.881 1.060
1.040
0.813 0.672 0.750
0.740
0.915 0.730 0.915
0.910
1.089 0.956 1.070
1.070
1.750 1.463 1.720
1.700
1.590 1.206 1.580
1.530
1.520 1.321 1.520
1.500
1.630 1.199 1.620
1.580
7.880 6.718 7.880
7.640
1.190 0.954 1.190
1.180
1.830 1.346 1.800
1.780
1.690 1.376 1.690
1.650
1.230 1.045 1.230
1.230
1.700 1.397 1.670
1.660
1.090 0.936 1.090
1.080
SPAC
0.705 0.655 0.685
0.685
0.695 0.595 0.680
0.675
0.475 0.420 0.460
0.455
CODE
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
5011
0083
9008
0041
7160
9075
0118
5005
0097
0008
MSNIAGA
NOTION
OMESTI
PANPAGE
PENTA
THETA
TRIVE
UNISEM
VITROX
WILLOW
0.915
0.390
0.495
0.285
0.855
0.310
0.085
2.510
3.700
0.640
-0.005
8
-0.005
157
UNCH
80
—
—
0.030
6091
—
—
0.005 24289.1
-0.030 1452.7
-0.050
261.8
0.005
2
0.914
0.394
0.495
—
0.848
—
0.083
2.536
3.701
0.640
—
34.82
—
43.85
8.58
6.03
—
10.89
17.06
9.30
—
—
—
—
—
—
—
3.98
0.54
3.13
55.3
105.5
192.9
68.8
125.3
33.2
102.7
1,841.9
865.4
158.7
6947
6645
6807
5078
5031
6742
DIGI
LITRAK
PUNCAK
SILKHLD
TIMECOM
YTLPOWR
4.750
5.700
1.010
0.355
7.200
1.400
UNCH
0.040
-0.010
-0.005
-0.050
-0.010
4.751
5.661
1.011
0.353
7.201
1.403
22.49
17.04
—
—
9.23
11.86
4.42
4.39
—
—
0.93
7.14
36,931.3
2,985.2
453.8
249.0
4,144.3
11,342.2
5108
7060
309.7
570.1
65.2
144.6
2521.1
ICAP
2.280
—
—
—
14.28
—
319.2
0800EA
0822EA
0823EA
0820EA
0826EA
0825EA
0821EA
0824EA
ABFMY1
CIMBA40
CIMBC50
FBMKLCI-EA
METFAPA
METFSID
MYETFDJ
MYETFID
1.100
1.605
1.160
1.690
0.925
0.890
1.065
0.995
0.001
—
—
—
—
—
—
0.003
0.1
—
—
—
—
—
—
19.5
1.100
—
—
—
—
—
—
0.997
—
—
—
—
—
—
—
—
5.16
4.09
—
1.48
—
2.42
2.23
3.17
1,876.0
2.2
14.3
2.8
17.6
17.8
297.2
51.3
4952
5116
5269
5120
5127
5130
5106
5180
5121
5227
5235SS
5123
5212
5176
5111
5110
5109
AHP
ALAQAR
ALSREIT
AMFIRST
ARREIT
ATRIUM
AXREIT
CMMT
HEKTAR
IGBREIT
KLCC
MQREIT
PAVREIT
SUNREIT
TWRREIT
UOAREIT
YTLREIT
1.040
1.550
1.050
0.750
0.910
1.070
1.720
1.560
1.510
1.610
7.760
1.190
1.800
1.690
1.230
1.670
1.090
UNCH
-0.010
-0.010
0.010
UNCH
UNCH
0.010
UNCH
UNCH
0.020
0.120
0.010
0.010
0.040
0.010
0.010
0.010
10
29.7
216
210.4
130.3
26.4
684.7
1974.1
121.4
1608.2
283.1
95
61
342.3
25
274.2
322.2
1.040
8.85
1.551 16.06
1.050 41.18
0.743
7.52
0.911
8.54
1.070
8.71
1.719 19.24
1.564 13.05
1.509 138.53
1.602 21.73
7.760 12.34
1.185 11.10
1.794 19.17
1.668
8.87
1.230 12.29
1.670
6.40
1.087 25.83
6.73
4.97
1.14
6.80
7.22
7.34
4.88
5.51
6.95
5.01
4.50
3.50
4.57
5.39
5.63
6.60
6.90
104.0
1,128.8
609.0
514.8
521.6
130.3
1,900.9
3,164.2
605.0
5,608.2
14,009.4
787.0
5,435.6
4,975.2
345.0
706.2
1,443.6
CLIQ
REACH
SONA
0.685
0.675
0.455
UNCH
UNCH
-0.005
60.7
323
1061
0.685
0.675
0.455
—
—
—
—
—
—
432.2
862.5
641.9
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
5234
5256
5241
Ace Market
YEAR
HIGH
YEAR
LOW
DAY
HIGH
CONSUMER PRODUCTS
0.450 0.225 0.395
0.320 0.095 0.300
0.417 0.225
—
0.075 0.040 0.045
INDUSTRIAL PRODUCTS
0.338 0.172 0.275
0.100 0.045 0.045
0.610 0.315 0.330
0.251 0.080 0.090
0.640 0.260 0.610
0.055 0.040 0.045
0.880 0.355 0.380
0.125 0.070 0.085
0.260 0.110 0.160
0.145 0.085 0.095
0.190 0.120 0.145
0.150 0.050 0.060
0.500 0.293 0.325
0.195 0.105 0.145
0.185 0.102 0.175
0.155 0.085 0.120
0.210 0.120 0.140
0.300 0.110 0.115
0.263 0.166
—
TECHNOLOGY
0.260 0.100 0.170
0.615 0.270 0.355
0.225 0.100 0.120
1.590 0.225 0.300
0.015 0.005
—
1.310 0.710 0.740
0.080 0.045 0.045
0.090 0.045 0.050
0.150 0.060 0.080
0.355 0.190 0.270
0.095 0.045 0.060
3.150 1.010 1.030
0.060 0.035 0.040
0.125 0.080 0.095
0.155 0.060 0.065
1.198 0.452 0.485
0.150 0.035 0.035
0.300 0.130 0.140
0.854 0.523
—
1.290 0.340 1.290
0.340 0.180 0.195
0.080 0.040 0.045
0.255 0.100 0.190
0.325 0.080 0.090
0.250 0.050 0.250
0.970 0.470
—
1.900 0.805 1.650
0.588 0.281 0.445
0.135 0.060 0.110
0.075 0.055 0.060
0.787 0.450 0.585
0.295 0.175 0.210
0.315 0.180 0.195
0.195 0.075 0.095
1.058 0.599 0.925
0.060 0.025 0.030
0.110 0.050 0.055
0.155 0.085 0.105
0.900 0.536 0.580
0.319 0.270 0.310
0.730 0.165 0.270
0.110 0.035 0.080
0.315 0.150 0.165
0.140 0.060 0.070
0.728 0.313 0.510
0.105 0.010
—
0.644 0.270 0.280
0.160 0.055 0.055
0.390 0.160 0.170
0.150 0.065 0.075
0.298 0.173 0.255
0.180 0.080
—
0.283 0.140 0.150
0.140 0.100 0.135
0.260 0.140 0.210
0.370 0.075 0.260
0.145 0.065 0.090
0.355 0.025
—
0.220 0.105 0.110
0.570 0.451 0.570
TRADING SERVICES
0.300 0.150
—
0.140 0.095 0.110
0.075 0.035 0.045
0.390 0.191 0.365
0.280 0.180
—
0.600 0.350 0.425
0.760 0.300
—
0.475 0.260 0.325
0.250 0.155
—
0.240 0.140
—
0.245 0.120 0.180
0.340 0.250
—
0.303 0.168 0.245
0.020 0.005 0.010
0.370 0.130 0.185
0.745 0.350 0.375
0.745 0.480
—
2.605 1.659 1.950
0.273 0.165 0.205
0.495 0.325 0.485
0.055 0.030 0.030
1.490 0.446 1.490
0.215 0.100 0.120
0.705 0.110 0.135
FINANCE
0.530 0.390 0.400
DAY
LOW
CODE
COUNTER
0.385
0.295
—
0.040
0179
0170
0148
0095
BIOHLDG
KANGER
SUNZEN
XINGHE
0.385
0.295
0.225
0.040
-0.005
-0.005
—
-0.005
4394.9
880.9
—
6244.9
0.390
0.298
—
0.040
26.19
16.95
—
1.62
—
—
2.04
2.50
192.5
235.5
107.8
93.9
0.260
0.045
0.325
0.085
0.590
0.045
0.370
0.085
0.160
0.090
0.135
0.055
0.315
0.140
0.160
0.120
0.140
0.110
—
0105
0072
0163
0102
0100
0109
0175
0160
0162
0024
0025
0070
0049
0038
0133
0001
0028
0055
0084
ASIAPLY
AT
CAREPLS
CONNECT
ESCERAM
FLONIC
HHGROUP
HHHCORP
IJACOBS
JAG
LNGRES
MQTECH
OCNCASH
PTB
SANICHI
SCOMNET
SCOPE
SERSOL
TECFAST
0.260
0.045
0.325
0.085
0.605
0.045
0.375
0.085
0.160
0.095
0.145
0.060
0.315
0.140
0.170
0.120
0.140
0.115
0.185
-0.010 5926.7
Unch
150
-0.010
416.8
-0.005
872.8
Unch
1814
Unch
1425
0.005
110
Unch
845
Unch
30
Unch 4933.9
Unch
50.1
Unch
91.4
-0.005
597
-0.005
336.4
0.005 23433.1
-0.005
70
Unch
30
Unch
113
—
—
0.268
0.045
0.325
0.090
0.604
0.045
0.377
0.085
0.160
0.095
0.135
0.055
0.317
0.142
0.170
0.120
0.140
0.113
—
11.21
—
27.31
7.14
17.64
—
56.82
—
—
—
—
—
9.18
12.96
16.50
10.00
—
—
12.33
2.31
—
0.92
—
—
—
0.88
—
—
5.26
—
—
2.22
—
—
3.33
—
—
2.70
68.8
19.5
131.0
20.6
124.3
39.6
115.8
28.3
21.7
108.7
35.1
16.7
70.2
21.1
145.9
29.2
77.8
24.8
31.7
0.170
0.335
0.115
0.240
—
0.730
0.045
0.045
0.075
0.270
0.050
1.020
0.040
0.095
0.060
0.470
0.035
0.130
—
1.210
0.190
0.045
0.185
0.080
0.225
—
1.640
0.430
0.105
0.055
0.550
0.190
0.195
0.090
0.875
0.025
0.055
0.100
0.580
0.300
0.255
0.075
0.160
0.065
0.510
—
0.275
0.055
0.160
0.070
0.240
—
0.145
0.135
0.205
0.240
0.085
—
0.105
0.545
0018
0181
0119
0068
0039
0098
0152
0131
0154
0107
0116
0104
0045
0074
0174
0023
0094
0010
0146
0127
0111
0036
0176
0017
0075
0155
0126
0112
0085
0034
0113
0103
0156
0092
0108
0020
0096
0026
0035
0040
0079
0005
0123
0007
0106
0135
0178
0060
0117
0169
0093
0129
0050
0132
0120
0069
0066
0141
0086
0009
ACCSOFT
AEMULUS
APPASIA
ASDION
ASIAEP
BAHVEST
DGB
DGSB
EAH
EDUSPEC
FOCUS
GENETEC
GNB
GOCEAN
IDMENSN
IFCAMSC
INIX
IRIS
JFTECH
JHM
K1
KGROUP
KRONO
M3TECH
MEXTER
MGRC
MICROLN
MIKROMB
MLAB
MMAG
MMSV
MNC
MPAY
MTOUCHE
N2N
NETX
NEXGRAM
NOVAMSC
OPCOM
OPENSYS
ORION
PALETTE
PRIVA
PUC
REXIT
SCN
SEDANIA
SKH
SMRT
SMTRACK
SOLUTN
SRIDGE
SYSTECH
TDEX
VIS
VIVOCOM
VSOLAR
WINTONI
YGL
YTLE
0.170
0.355
0.120
0.270
0.010
0.730
0.045
0.050
0.080
0.270
0.060
1.030
0.040
0.095
0.065
0.475
0.035
0.130
0.640
1.210
0.195
0.045
0.190
0.090
0.240
0.520
1.640
0.430
0.110
0.060
0.580
0.205
0.195
0.095
0.875
0.030
0.055
0.105
0.580
0.305
0.265
0.075
0.160
0.070
0.510
0.010
0.275
0.055
0.160
0.070
0.250
0.090
0.145
0.135
0.205
0.255
0.085
0.025
0.110
0.550
Unch
2
0.025 1494.5
Unch
30
0.020
11.1
—
—
Unch
108.3
Unch
667.3
0.005
586
Unch
200
Unch
16
Unch
599.8
0.010
66.6
Unch
320
Unch
55
0.005
166
0.005 6193.4
-0.005 1860.1
-0.005 5228.2
—
—
-0.020 1781.4
0.005
509.7
Unch
150
0.010
703
Unch 3981.8
0.005
7789
—
—
-0.050
346.3
-0.015
729.8
0.005
666
0.005
240
0.035 2196.5
0.010
281
-0.005 1176.7
-0.005
225.1
-0.030
223.2
-0.005 3992.3
0.005
1441
0.010 1102.9
Unch
37
0.005 3695.4
0.005
300
Unch
545.5
Unch
402.5
Unch
340.2
Unch
12.1
—
—
-0.005
183.9
Unch
300
-0.005
449.5
Unch
292
-0.005 4890.7
—
—
-0.005
205
Unch 1779.5
Unch
349
0.015 30184.1
Unch 1100.8
—
—
Unch
265.5
0.010
161.3
0.170 25.37
0.348 27.52
0.118
—
0.277
—
—
—
0.733
—
0.045
—
0.047 45.45
0.078
—
0.270 22.31
0.053
—
1.029
—
0.040 26.67
0.095 79.17
0.060
—
0.479 33.45
0.035
—
0.134 18.31
— 46.38
1.244 20.03
0.191
9.11
0.045
—
0.185
8.09
0.087
—
0.238
—
— 23.32
1.645 184.27
0.434 13.96
0.108
—
0.060
—
0.573 15.22
0.204
—
0.195
—
0.091 95.00
0.887 39.06
0.030
—
0.055
3.57
0.100 105.00
0.580 13.36
0.304 17.33
0.264
—
0.075
6.70
0.162 35.56
0.067 53.85
0.510 12.98
—
—
0.276
—
0.055
—
0.162
—
0.071
—
0.249 12.25
—
—
0.145 36.25
0.135
—
0.205
—
0.250 17.59
0.086
—
—
—
0.110
—
0.555 21.32
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
2.11
—
—
1.56
—
2.56
—
—
—
—
—
—
2.56
—
—
3.45
—
—
—
2.29
—
—
—
3.45
2.89
—
—
1.25
—
3.92
—
—
—
—
—
2.68
—
4.14
—
—
—
—
—
—
7.27
108.9
155.8
33.7
31.4
8.1
317.6
22.0
67.8
119.3
245.3
46.6
36.2
11.6
25.0
32.2
288.9
14.6
292.1
80.6
148.8
92.2
33.3
45.0
53.3
47.2
48.9
274.5
131.5
20.6
57.2
94.5
19.4
138.5
22.0
416.8
37.5
103.6
71.7
93.5
90.9
32.1
24.0
89.3
75.8
96.6
2.0
55.0
30.5
45.7
22.4
76.0
10.9
46.0
55.7
22.7
659.8
28.3
12.8
21.3
742.5
—
0.100
0.035
0.360
—
0.420
—
0.315
—
—
0.175
—
0.245
0.010
0.180
0.355
—
1.820
0.205
0.485
0.030
1.420
0.120
0.130
0122
0048
0150
0011
0157
0081
0147
0180
0167
0153
0177
0006
0171
0110
0080
0032
0173
0158
0161
0137
0140
0089
0145
0165
AIM
ANCOMLB
ASIABIO
BTECH
FOCUSP
IDEAL
INNITY
KTC
MCLEAN
OVERSEA
PASUKGB
PINEAPP
PLABS
RA
RAYA
REDTONE
REV
SCC
SCH
STEMLFE
STERPRO
TEXCYCL
TFP
XOX
0.250
0.110
0.040
0.360
0.260
0.420
0.550
0.320
0.160
0.180
0.175
0.300
0.245
0.010
0.180
0.375
0.540
1.950
0.205
0.485
0.030
1.490
0.120
0.130
—
0.010
-0.005
Unch
—
Unch
—
0.005
—
—
Unch
—
0.005
Unch
Unch
0.015
—
Unch
-0.005
Unch
Unch
0.070
-0.010
-0.005
—
7.5
710
280
—
15
—
1725
—
—
350.8
—
220.8
938.3
607
180.1
—
5.1
122.5
5
250
1056.6
20
2893
— 92.59
0.104
—
0.040
—
0.361 16.44
—
—
0.422 18.10
— 27.09
0.319 38.10
— 12.70
—
—
0.179 64.81
—
—
0.245 14.08
0.010
—
0.184
—
0.360
—
— 21.18
1.928 12.94
0.205 30.60
0.485
—
0.030
—
1.460 32.11
0.120 109.09
0.135 11.11
—
—
—
3.50
3.85
—
—
—
—
1.67
—
—
2.86
—
—
0.53
—
2.56
7.32
—
—
0.50
—
—
66.5
52.1
38.1
90.7
42.9
79.7
76.1
163.3
28.6
44.1
56.8
14.6
50.7
9.7
25.8
284.0
72.7
83.4
84.5
120.0
29.7
254.5
24.6
72.3
0.400
0053
OSKVI
0.400
Unch
38.3
0.400
5.00
79.0
—
28 Markets
TUE
B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S
Bursa Malaysia Equity Derivatives
Main Market & Ace Market Warrants
CODE
WARRANTS
CLOSE
(RM)
+/(RM)
VOL PARENT
EXE
(‘000)
PRICE PRICE
PR’M
(%)
EXPIRY
DATE
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE
0.200
0.065
0.200
0.185
70010
0.050
0.025
0.030
0.030
7096WA
0.710
0.145
0.680
0.680
6.200
3.100
5.990
5.950
WARRANTS
CLOSE
(RM)
+/(RM)
VOL PARENT
EXE
(‘000)
PRICE PRICE
PR’M
(%)
EXPIRY
DATE
GLD-C10
0.200
0.015
210
526.3
464.0
1.84
29/09/2016
GPA-WA
0.030
Unch
137.5
0.095
0.100
36.84
03/06/2025
3034CN
HAPSENG-CN
0.680
Unch
50
7.710
5.000
0.13
30/08/2016
3034WA
HAPSENG-WA
5.970
Unch
72.9
7.710
1.650
-1.17
09/08/2016
03/04/2021
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
0.100
0.075
0.095
0.090
5238CV
AAX-CV
0.090
Unch
2776
0.390
0.390
23.08
30/12/2016
0.460
0.170
0.320
0.250
2062WC
HARBOUR-WC
0.320
0.005
2.1
0.940
1.560 100.00
0.340
0.035
0.265
0.250
5238WA
AAX-WA
0.265
0.010
17493
0.390
0.460
85.90
08/06/2020
0.120
0.010
0.030
0.030
5168CS
HARTA-CS
0.030
0.005
26
4.460
6.000
39.91
31/01/2017
0.150
0.060
0.120
0.120
7315WB
AHB-WB
0.120
0.005
38
0.220
0.200
45.45
28/08/2019
1.510
0.625
0.950
0.930
5095WB
HEVEA-WB
0.945
0.010
173.4
1.190
0.250
0.42
28/02/2020
1.210
0.320
1.180
1.150
509926
AIRASIAC26
1.150
0.020
140
2.630
0.900
-0.19
18/07/2016
0.190
0.017
0.055
0.050
5072WA
HIAPTEK-WA
0.050
-0.005
2334.3
0.210
0.690 252.38
09/01/2017
0.435
0.060
0.400
0.400
509928
AIRASIAC28
0.400
0.010
50
2.630
1.480
1.90
28/10/2016
0.095
0.065
0.080
0.070
5072WB
HIAPTEK-WB
0.080
0.010
6914.2
0.210
0.500 176.19
23/06/2021
0.380
0.060
0.355
0.340
509931
AIRASIAC31
0.345
0.005
1175
2.630
1.500
0.32
15/08/2016
0.320
0.190
0.200
0.195
7213WB
HOVID-WB
0.195
Unch
661.4
0.380
0.180
0.315
0.110
0.280
0.265
509933
AIRASIAC33
0.280
0.015
3173.5
2.630
2.100
6.46
28/10/2016
0.630
0.065
0.110
0.085
65121
HSI-C21
0.095
0.025
38594.1
0.305
0.125
0.290
0.275
509934
AIRASIAC34
0.285
0.020
1877.1
2.630
2.000
8.56
28/02/2017
1.000
0.250
0.465
0.400
65122
HSI-C22
0.415
0.075
0.320
0.190
0.290
0.280
509935
AIRASIAC35
0.285
0.015
4188.1
2.630
2.000
8.56
17/02/2017
1.490
0.690
1.100
1.070
65123
HSI-C23
1.080
0.155
0.200
0.130
0.165
0.160
509936
AIRASIAC36
0.160
0.010
419.5
2.630
2.850
26.62
30/12/2016
1.180
0.520
0.825
0.760
65124
HSI-C24
0.770
0.090
0.295
0.230
0.260
0.245
509937
AIRASIAC37
0.255
0.015
4847.5
2.630
2.450
17.40
30/12/2016
1.500
0.960
1.410
1.380
65126
HSI-C26
1.380
0.155
0.130
0.155
0.145
509938
AIRASIAC38
0.155
0.025
3105
2.630
2.650
21.39
28/04/2017
2.150
1.500
2.080
2.080
65128
HSI-C28
2.080
0.090
0.090
0.090
0.090
5014CP
AIRPORT-CP
0.090
-0.060
30
6.060
6.450
16.83
28/04/2017
0.550
0.175
0.285
0.255
65130
HSI-C30
0.265
0.040
24824.4
0.040
0.010
0.015
0.015
0159WA
AMEDIA-WA
0.015
Unch
233.9
0.095
1.100
1,073
02/01/2018
0.920
0.305
0.615
0.305
65132
HSI-C32
0.585
0.070
0.105
0.005
0.055
0.055
9342WA
ANZO-WA
0.055
Unch
268.1
0.205
0.250
48.78
19/11/2019
1.350
0.735
1.100
1.090
65134
HSI-C34
1.090
0.090
0.095
0.015
0.015
0.015
5194WA
APFT-WA
0.015
-0.005
500
0.045
0.400 822.22
13/07/2018
0.540
0.190
0.325
0.285
65136
HSI-C36
0.285
0.100
0.005
0.005
0.005
521011
ARMADA-C11
0.005
Unch
130
0.730
1.000
07/10/2016
0.835
0.310
0.505
0.460
65138
HSI-C38
0.135
0.055
0.085
0.080
521015
ARMADA-C15
0.080
Unch
321.6
0.730
0.800
20.55
28/02/2017
1.050
0.615
0.925
0.925
65140
0.155
0.020
0.030
0.030
5210C8
ARMADA-C8
0.030
Unch
500
0.730
0.880
30.82
28/11/2016
0.805
0.450
0.780
0.730
65142
0.135
0.010
0.025
0.025
5210C9
ARMADA-C9
0.025
0.005
20
0.730
0.980
42.81
28/11/2016
1.290
0.785
1.250
1.240
0.035
0.015
0.025
0.020
0150WA
ASIABIO-WA
0.020
Unch
401
0.040
0.100 200.00
19/04/2024
0.515
0.260
0.475
0.440
0.175
0.095
0.170
0.160
0105WA
ASIAPLY-WA
0.165
Unch
5681.5
0.260
0.100
1.92
13/12/2020
1.310
0.035
0.050
0.180
0.100
0.100
0.100
7099WB
ATTA-WB
0.100
-0.005
50
0.515
1.000 113.59
09/05/2022
1.650
0.190
0.050
0.020
0.020
0.020
0072WA
AT-WA
0.020
-0.005
200
0.045
0.120 211.11
29/01/2019
0.735
0.150
0.040
0.085
0.080
6888C8
AXIATA-C8
0.080
Unch
325
5.500
5.850
10.73
31/01/2017
1.500
0.380
0.150
0.305
0.285
7078WA
AZRB-WA
0.300
0.015
559.1
0.650
0.700
53.85
13/05/2024
0.485
0.225
0.305
0.290
5258WA
BIMB-WA
0.295
Unch
891.8
4.040
4.720
24.13
0.310
0.090
0.100
0.095
6998WA
BINTAI-WA
0.095
-0.010
269.8
0.190
0.200
0.105
0.020
0.030
0.025
3395CZ
BJCORP-CZ
0.025
Unch
205.2
0.350
0.370
0.160
0.095
0.130
0.130
3395WB
BJCORP-WB
0.130
Unch
160
0.350
0.065
0.035
0.050
0.050
7187WA
BKOON-WA
0.050
Unch
30.5
0.145
0.060
0.145
0.125
7036WB
BORNOIL-WB
0.140
0.015
0.115
0.065
0.115
0.105
7036WC
BORNOIL-WC
0.110
-1.32
05/06/2018
10,852 22,000 103.51
28/07/2016
5378.3
10,853 20,600
93.25
28/07/2016
3
10,852 19,200
85.88
28/07/2016
689
10,853 20,200
92.51
30/08/2016
0.160
49
10,853 18,800
84.66
30/08/2016
-0.070
0.5
10,853 17,400
77.57
30/08/2016
10,853 22,400 108.59
29/09/2016
120.6
10,853 21,000
98.34
29/09/2016
30
10,852 19,600
89.64
29/09/2016
-0.065
48
10,853 23,200 116.12
28/10/2016
0.470
0.060
629.6
10,852 21,800 104.77
28/10/2016
HSI-C40
0.925
0.095
5
HSI-C42
0.730
0.070
691
65144
HSI-C44
1.240
0.130
65148
HSI-C48
0.450
0.050
0.035
65125
HSI-H25
0.045
-0.040
0.255
0.190
65127
HSI-H27
0.210
-0.110
0.060
0.070
0.060
65129
HSI-H29
0.065
0.310
0.380
0.310
65133
HSI-H33
0.335
0.600
0.175
0.180
0.175
65135
HSI-H35
04/12/2023
0.915
0.345
0.365
0.345
65137
55.26
15/06/2020
1.270
0.575
0.620
0.585
12.86
31/10/2016
0.880
0.350
0.370
0.350
1.000 222.86
22/04/2022
1.250
0.585
0.625
0.105
0.200 138.10
07/07/2023
1.740
0.945
1603.8
0.185
0.100
29.73
28/02/2018
0.995
Unch
85766.2
0.185
0.100
13.51
08/11/2025
38.36
95.63
28/10/2016
10,852 21,200 101.39
10,853 20,400
29/11/2016
11.2
10,853 19,800
29/11/2016
79.8
10,853 23,000 115.65
29/12/2016
21930.7
10,853 19,000
75.44
28/07/2016
11885.5
10,853 20,400
89.71
28/07/2016
-0.005
1173
10,852 17,000
57.18
30/08/2016
-0.100
7056.4
10,853 19,800
85.21
30/08/2016
0.175
-0.045
50
10,853 17,800
65.46
29/09/2016
HSI-H37
0.360
-0.080
163.5
10,853 19,200
79.89
29/09/2016
65139
HSI-H39
0.620
-0.110
3672.2
10,853 20,600
94.95
29/09/2016
65141
HSI-H41
0.365
-0.070
120
10,853 18,600
74.40
28/10/2016
0.600
65143
HSI-H43
0.620
-0.100
65
10,853 20,000
89.42
28/10/2016
0.995
0.995
65145
HSI-H45
0.995
-0.105
3
10,852 21,400 105.44
28/10/2016
0.550
0.590
0.585
65149
HSI-H49
0.590
-0.095
45.1
10,853 19,400
83.64
29/11/2016
1.420
0.825
0.835
0.825
65151
HSI-H51
0.825
-0.135
70
10,853 20,800
98.49
29/11/2016
10,853 19,000
80.58
29/12/2016
10,853 21,800 111.23
29/12/2016
92.72
0.185
0.060
0.075
0.075
9938WB
BRIGHT-WB
0.075
0.005
70
0.300
0.820 198.33
12/01/2019
0.915
0.635
0.665
0.640
65153
HSI-H53
0.665
-0.065
19.1
0.285
0.040
0.045
0.045
7188WA
BTM-WA
0.045
Unch
30
0.215
0.940 358.14
20/12/2019
1.600
1.220
1.250
1.220
65157
HSI-H57
1.250
-0.160
158
0.330
0.080
0.090
0.090
7188WB
BTM-WB
0.090
Unch
30
0.215
0.200
34.88
23/10/2024
0.230
0.025
0.045
0.040
6238CD
HSL-CD
0.045
0.005
80.1
1.700
2.000
21.62
1.330
0.410
0.990
0.985
7174WA
CAB-WA
0.985
0.005
53
1.580
0.550
-2.85
08/02/2020
0.010
0.005
0.005
0.005
7013WB
HUBLINE-WB
0.005
Unch
5544.6
0.010
0.010
50.00
20/12/2020
0.285
0.005
0.005
0.005
0163WA
CAREPLS-WA
0.005
Unch
100
0.325
0.320
0.00
09/08/2016
0.030
0.020
0.030
0.025
9601WD
HWGB-WD
0.025
Unch
7109.4
0.060
0.180 241.67
15/03/2021
0.505
0.255
0.400
0.400
7076WA
CBIP-WA
0.400
Unch
2
2.000
2.400
40.00
06/11/2019
0.360
0.155
0.160
0.155
4251WA
IBHD-WA
0.155
-0.015
20.2
0.500
1.410 213.00
08/10/2019
0.165
0.025
0.040
0.035
5195WA
CENSOF-WA
0.040
Unch
30
0.190
0.460 163.16
18/07/2017
0.275
0.160
0.210
0.210
9687WB
IDEALUBB-WB
0.210
Unch
10
0.790
1.000
53.16
30/03/2021
0.180
0.065
0.080
0.075
5195WB
CENSOF-WB
0.080
Unch
45.1
0.190
0.460 184.21
07/10/2019
0.460
0.245
0.295
0.295
0081WA
IDEAL-WA
0.295
-0.080
20
0.420
0.100
-5.95
29/04/2019
0.140
0.020
0.020
0.020
102310
CIMB-C10
0.020
-0.005
50
4.400
4.800
11.36
10/08/2016
0.140
0.115
0.140
0.135
3336C1
IJM-C1
0.140
0.015
132.8
3.440
3.450
8.43
31/03/2017
0.290
0.090
0.105
0.105
102311
CIMB-C11
0.105
0.005
500
4.400
4.500
9.91
30/08/2016
0.435
0.070
0.085
0.085
0166CJ
INARI-CJ
0.085
Unch
5808.7
2.900
2.640
0.41
18/07/2016
0.160
0.040
0.055
0.045
0102WA
CONNECT-WA
0.055
0.015
246.7
0.085
0.100
82.35
17/09/2021
0.195
0.140
0.155
0.155
0166CR
INARI-CR
0.155
-0.040
4.5
2.900
2.800
13.66
30/11/2016
0.055
0.035
0.045
0.040
0102WB
CONNECT-WB
0.040
-0.005
136
0.085
0.100
64.71
07/06/2021
2.320
0.813
1.370
1.330
0166WB
INARI-WB
1.330
-0.010
124.4
2.900
1.600
1.03
17/02/2020
0.055
0.005
0.010
0.005
5141CV
DAYANG-CV
0.010
Unch
80.2
1.040
1.780
74.52
28/11/2016
0.040
0.010
0.015
0.010
0094WA
INIX-WA
0.015
0.005
1010
0.035
0.100 228.57
16/11/2020
0.235
0.125
0.165
0.155
7212WA
DESTINI-WA
0.165
0.005
1188.9
0.580
0.400
-2.59
03/10/2016
0.280
0.150
0.170
0.155
3379WB
INSAS-WB
0.165
0.005
213.3
0.640
1.000
82.03
25/02/2020
0.115
0.010
0.015
0.015
7277C5
DIALOG-C5
0.015
0.005
94
1.530
1.500
0.49
29/07/2016
0.225
0.040
0.060
0.050
1961C9
IOICORP-C9
0.060
Unch
81.6
4.380
4.700
12.10
30/12/2016
0.450
0.255
0.320
0.315
7277WA
DIALOG-WA
0.315
-0.005
622.6
1.530
1.190
-1.63
10/02/2017
0.295
0.115
0.120
0.120
8834WB
IREKA-WB
0.120
0.005
20
0.500
1.000 124.00
25/06/2019
0.225
0.005
0.005
0.005
6947C9
DIGI-C9
0.005
Unch
190
4.750
5.100
7.63
30/09/2016
0.090
0.020
0.040
0.040
7183WA
IRETEX-WA
0.040
Unch
57.6
0.260
0.800 223.08
10/06/2019
0.105
0.030
0.040
0.040
0029WA
DIGISTA-WA
0.040
Unch
400
0.165
0.130
3.03
07/02/2017
0.150
0.030
0.090
0.085
5175WA
IVORY-WA
0.090
0.005
340.1
0.410
0.750 104.88
26/04/2017
0.255
0.120
0.120
0.120
5265WA
DOLPHIN-WA
0.120
-0.005
68.8
0.580
0.800
58.62
29/03/2021
0.935
0.120
0.475
0.455
7167WA
JOHOTIN-WA
0.465
0.015
474
2.080
2.280
31.97
21/11/2017
0.420
0.210
0.245
0.210
7169WA
DOMINAN-WA
0.245
Unch
33.2
1.120
1.300
37.95
10/09/2020
0.075
0.005
0.005
0.005
4383CI
JTIASA-CI
0.005
-0.005
360
1.110
1.700
55.18
28/11/2016
0.065
0.015
0.035
0.035
7198WA
DPS-WA
0.035
Unch
50
0.090
0.540 538.89
03/01/2018
0.130
0.020
0.020
0.020
4383CJ
JTIASA-CJ
0.020
-0.025
50
1.110
1.500
40.54
30/09/2016
0.105
0.030
0.050
0.050
7198WB
DPS-WB
0.050
Unch
349.2
0.090
0.100
66.67
15/01/2025
3.000
1.300
2.450
2.360
7216WA
KAWAN-WA
2.360
-0.100
12.1
3.420
0.930
-3.80
28/07/2016
0.215
0.020
0.055
0.050
161919
DRBHCOMC19
0.050
-0.005
5145.8
0.870
1.000
20.69
30/11/2016
0.025
0.010
0.020
0.020
3115WC
KBUNAI-WC
0.020
0.005
450
0.055
0.131 174.55
20/10/2023
0.115
0.020
0.020
0.020
161920
DRBHCOMC20
0.020
Unch
5440.3
0.870
1.100
32.18
30/11/2016
1.470
0.350
1.320
1.290
7161WA
KERJAYA-WA
1.300
Unch
227
2.150
0.880
1.40
20/12/2017
0.210
0.030
0.050
0.045
161921
DRBHCOMC21
0.050
0.005
2589.2
0.870
0.950
17.82
15/12/2016
0.300
0.005
0.010
0.005
3565WE
KEURO-WE
0.010
Unch
4089.3
0.925
1.180
28.65
26/08/2016
0.140
0.065
0.080
0.075
161922
DRBHCOMC22
0.075
0.005
365
0.870
1.000
27.87
17/02/2017
0.865
0.260
0.700
0.690
5171WA
KIMLUN-WA
0.700
0.010
50
1.840
1.680
29.35
12/03/2024
0.155
0.025
0.030
0.025
5216CI
DSONIC-CI
0.025
-0.010
1640.6
1.290
1.380
13.76
30/08/2016
0.140
0.065
0.065
0.065
7164WA
KNM-WA
0.065
Unch
594.7
0.400
0.980 161.25
15/11/2017
0.145
0.060
0.065
0.065
5216CN
DSONIC-CN
0.065
-0.005
30
1.290
1.450
25.00
23/11/2016
0.160
0.090
0.115
0.115
7164WB
KNM-WB
0.115
Unch
122
0.400
1.000 178.75
21/04/2020
0.330
0.110
0.200
0.190
3417WB
E&O-WB
0.195
-0.005
58.9
1.690
2.600
65.38
21/07/2019
0.585
0.130
0.155
0.145
7017WB
KOMARK-WB
0.150
0.010
492.4
0.390
0.300
15.38
21/01/2020
0.090
0.025
0.040
0.040
0154WC
EAH-WC
0.040
Unch
100
0.080
0.100
75.00
18/06/2019
0.730
0.470
0.730
0.670
5878WB
KPJ-WB
0.710
0.025
4395.2
4.280
4.010
10.28
23/01/2019
0.200
0.015
0.015
0.015
8206CC
ECOWLD-CC
0.015
-0.020
76
1.240
1.300
7.26
28/07/2016
0.910
0.270
0.290
0.285
5038WA
KSL-WA
0.285
-0.010
635.9
1.100
0.800
-1.36
19/08/2016
0.595
0.340
0.375
0.370
8206WA
ECOWLD-WA
0.375
0.015
61.1
1.240
2.080
97.98
26/03/2022
0.620
0.300
0.575
0.575
5789WA
LBS-WA
0.575
-0.005
60
1.600
1.000
-1.56
11/06/2018
0.190
0.090
0.115
0.100
1368CG
EDGENTA-CG
0.100
-0.005
38.5
3.430
3.230
5.83
31/10/2016
0.450
0.215
0.370
0.360
5789WB
LBS-WB
0.365
-0.010
203
1.600
1.250
0.94
04/10/2020
1.480
0.220
1.150
1.080
0065WA
EFORCE-WA
1.130
0.040
355.1
1.690
0.680
7.10
17/07/2019
0.265
0.150
0.160
0.160
7126WA
LONBISC-WA
0.160
-0.020
43
0.740
1.000
56.76
26/01/2020
0.815
0.390
0.520
0.510
8907WC
EG-WC
0.520
0.005
525.2
0.850
0.500
20.00
03/11/2020
0.045
0.025
0.035
0.030
5068WA
LUSTER-WA
0.035
Unch
159
0.070
0.100
92.86
03/06/2022
0.065
0.020
0.020
0.020
7182WA
EKA-WA
0.020
-0.005
100
0.075
0.200 193.33
22/01/2019
0.470
0.210
0.230
0.220
7617WB
MAGNA-WB
0.230
0.020
19.3
0.930
0.900
21.51
04/09/2020
0.625
0.300
0.335
0.330
5056WA
ENGTEX-WA
0.335
0.005
430.2
1.170
0.830
-0.43
25/10/2017
0.130
0.045
0.060
0.055
8583C2
MAHSING-C2
0.060
0.005
100.6
1.480
1.450
2.03
30/09/2016
0.860
0.220
0.245
0.235
7249WA
EWEIN-WA
0.245
0.010
70.1
0.860
0.610
-0.58
09/06/2017
0.260
0.130
0.185
0.180
8583WB
MAHSING-WB
0.185
0.005
256.3
1.480
1.440
9.80
16/03/2018
0.230
0.060
0.180
0.165
7047WB
FAJAR-WB
0.180
Unch
20.1
0.550
0.700
60.00
24/09/2019
0.200
0.100
0.130
0.130
8583WC
MAHSING-WC
0.130
Unch
100
1.480
2.100
50.68
21/02/2020
0.205
0.110
0.170
0.165
56011
FB-C11
0.170
0.020
12.4
472.7
403.5
3.33
29/09/2016
0.105
0.020
0.020
0.020
5264CL
MALAKOF-CL
0.020
-0.005
20
1.620
1.650
5.56
29/07/2016
0.405
0.080
0.115
0.115
65046
FBMKLCI-C46
0.115
Unch
60
1,653
1,640
1.25
29/07/2016
0.170
0.035
0.070
0.070
6012CT
MAXIS-CT
0.070
0.010
20
6.090
6.300
6.90
30/12/2016
0.190
0.055
0.085
0.080
65048
FBMKLCI-C48
0.085
0.010
1772.5
1,653
1,600
0.34
30/08/2016
0.105
0.005
0.010
0.005
115517
MAYBANKC17
0.010
0.005
11480.5
8.190
8.200
1.34
18/07/2016
0.135
0.035
0.060
0.055
65050
FBMKLCI-C50
0.060
0.005
300
1,653
1,650
2.31
30/08/2016
0.330
0.065
0.065
0.065
115518
MAYBANKC18
0.065
Unch
120
8.190
8.350
4.73
15/08/2016
0.200
0.070
0.100
0.100
65054
FBMKLCI-C54
0.100
Unch
175.4
1,653
1,595
0.68
30/09/2016
0.235
0.070
0.080
0.075
115519
MAYBANKC19
0.080
0.005
202.6
8.190
8.600
7.45
30/12/2016
0.045
0.030
0.035
0.035
65062
FBMKLCI-C62
0.035
0.005
210
1,653
1,700
4.27
30/11/2016
0.350
0.155
0.285
0.285
5152WA
MBL-WA
0.285
0.005
15
0.870
0.800
24.71
28/11/2022
0.165
0.110
0.150
0.150
65068
FBMKLCI-C68
0.150
0.005
20
1,653
1,670
4.61
30/11/2016
0.405
0.130
0.270
0.255
1694WB
MENANG-WB
0.270
0.005
348.2
0.910
1.000
39.56
09/07/2019
0.240
0.180
0.230
0.230
65074
FBMKLCI-C74
0.230
-0.010
12
1,653
1,620
3.52
30/12/2016
0.185
0.010
0.170
0.155
0075WA
MEXTER-WA
0.165
0.005
15205.4
0.240
0.130
22.92
17/09/2018
0.075
0.065
0.070
0.070
65076
FBMKLCI-C76
0.070
0.005
10
1,653
1,670
3.94
31/01/2017
0.465
0.305
0.410
0.390
3069WA
MFCB-WA
0.410
0.020
97.6
1.810
2.220
45.30
08/04/2020
0.190
0.005
0.005
0.005
65043
FBMKLCI-H43
0.005
-0.005
3004.1
1,653
1,600
-3.04
29/07/2016
0.270
0.100
0.125
0.120
3662WB
MFLOUR-WB
0.125
0.005
24.7
1.290
2.060
69.38
09/05/2017
0.545
0.150
0.150
0.150
65051
FBMKLCI-H51
0.150
-0.020
164
1,653
1,680
4.30
29/07/2016
0.150
0.025
0.030
0.025
3816C5
MISC-C5
0.025
-0.005
270
7.400
8.600
18.24
30/12/2016
0.130
0.010
0.015
0.010
65053
FBMKLCI-H53
0.015
Unch
2533.4
1,653
1,570
-4.44
30/08/2016
0.045
0.015
0.015
0.015
3816C6
MISC-C6
0.015
-0.005
50
7.400
9.000
23.65
11/10/2016
0.155
0.050
0.060
0.050
65059
FBMKLCI-H59
0.055
-0.015
2177.5
1,653
1,650
2.10
30/09/2016
0.605
0.235
0.520
0.505
9571WD
MITRA-WD
0.510
Unch
481
1.340
1.090
19.40
23/08/2020
0.210
0.115
0.125
0.120
65067
FBMKLCI-H67
0.125
-0.010
60
1,653
1,700
8.08
30/11/2016
1.260
0.500
0.890
0.840
6114WB
MKH-WB
0.840
0.020
10.3
2.500
1.890
9.20
29/12/2017
0.185
0.130
0.135
0.130
65071
FBMKLCI-H71
0.130
Unch
102
1,653
1,580
-1.32
30/11/2016
0.100
0.020
0.050
0.045
0085WA
MLAB-WA
0.045
-0.005
1435.2
0.110
0.100
31.82
24/04/2020
0.305
0.230
0.230
0.230
65073
FBMKLCI-H73
0.230
-0.015
20
1,653
1,660
5.94
30/11/2016
0.360
0.115
0.230
0.230
7595WA
MLGLOBAL-WA
0.230
-0.005
114
0.610
0.500
19.67
27/10/2019
0.140
0.075
0.080
0.080
65075
FBMKLCI-H75
0.080
-0.005
160
1,653
1,630
1.94
30/12/2016
0.240
0.025
0.055
0.045
2194C1
MMCCORP-C1
0.055
0.010
878.9
2.050
2.100
7.80
30/09/2016
0.625
0.065
0.075
0.065
0650HW
FBMKLCI-HW
0.070
-0.015
6652.3
1,653
1,700
5.61
29/07/2016
0.080
0.035
0.050
0.045
1651C7
MRCB-C7
0.045
0.005
138.2
1.060
1.220
23.58
31/03/2017
0.080
0.030
0.045
0.040
522210
FGV-C10
0.040
-0.005
535
1.490
1.550
14.23
30/09/2016
0.240
0.075
0.120
0.115
1651WA
MRCB-WA
0.115
-0.005
450.8
1.060
2.300 127.83
14/09/2018
0.100
0.060
0.070
0.060
522211
FGV-C11
0.065
0.005
955.1
1.490
1.700
22.82
30/11/2016
0.035
0.010
0.010
0.010
0092WA
MTOUCHE-WA
0.010
Unch
50
0.095
0.890 847.37
17/01/2018
0.160
0.145
0.145
0.145
522213
FGV-C13
0.145
-0.010
30
1.490
1.500
15.27
28/04/2017
0.090
0.020
0.035
0.035
0092WB
MTOUCHE-WB
0.035
-0.005
16.1
0.095
0.270 221.05
16/03/2020
0.210
0.010
0.015
0.010
5222C6
FGV-C6
0.010
-0.010
488
1.490
1.500
2.68
29/07/2016
0.465
0.120
0.245
0.220
0138CN
MYEG-CN
0.225
-0.065
363
1.790
1.225
-0.14
30/08/2016
0.030
0.010
0.020
0.015
0109WB
FLONIC-WB
0.020
Unch
125
0.045
0.050
55.56
06/11/2019
0.385
0.150
0.190
0.150
0138CQ
MYEG-CQ
0.150
-0.040
410
1.790
1.400
-0.84
30/08/2016
0.095
0.040
0.050
0.050
9377WA
FSBM-WA
0.050
Unch
10
0.210
0.300
66.67
16/05/2022
0.300
0.065
0.085
0.065
0138CS
MYEG-CS
0.070
-0.060
240
1.790
1.590
0.56
30/08/2016
0.255
0.130
0.180
0.180
539826
GAMUDA-C26
0.180
Unch
50
4.910
4.500
2.65
30/11/2016
0.360
0.090
0.125
0.090
0138CT
MYEG-CT
0.095
-0.030
6099.8
1.790
1.775
9.78
30/09/2016
0.185
0.110
0.125
0.125
539827
GAMUDA-C27
0.125
0.005
50
4.910
5.000
12.02
30/11/2016
0.180
0.005
0.010
0.005
0138CU
MYEG-CU
0.005
-0.005
34
1.790
2.300
29.33
29/07/2016
1.160
0.805
1.030
1.000
5398WE
GAMUDA-WE
1.010
0.015
5441.3
4.910
4.050
3.05
06/03/2021
0.100
0.025
0.025
0.025
0138CW
MYEG-CW
0.025
-0.005
1296
1.790
2.350
37.57
23/11/2016
0.120
0.010
0.020
0.020
5209CT
GASMSIA-CT
0.020
0.010
150
2.380
2.500
6.72
30/08/2016
0.145
0.045
0.060
0.045
0138CX
MYEG-CX
0.045
-0.015
7773
1.790
1.900
15.70
31/10/2016
0.300
0.085
0.265
0.245
5226WA
GBGAQRS-WA
0.245
-0.005
8471
1.060
1.300
45.75
20/07/2018
0.115
0.060
0.065
0.060
0138CY
MYEG-CY
0.060
-0.020
205
1.790
2.150
29.16
30/12/2016
0.525
0.340
0.420
0.420
3611WA
GBH-WA
0.420
Unch
30
1.400
1.000
1.43
07/04/2020
0.105
0.060
0.065
0.060
0138CZ
MYEG-CZ
0.065
-0.015
450
1.790
2.000
24.44
14/03/2017
0.180
0.085
0.090
0.085
471513
GENM-C13
0.085
-0.005
50
4.280
4.300
8.41
30/09/2016
0.050
0.020
0.025
0.020
0096WA
NEXGRAM-WA
0.025
Unch
210
0.055
0.100 127.27
16/05/2022
0.140
0.125
0.130
0.125
471515
GENM-C15
0.130
-0.010
180
4.280
4.400
11.92
31/03/2017
0.030
0.010
0.015
0.015
0096WB
NEXGRAM-WB
0.015
Unch
500
0.055
0.260 400.00
21/07/2023
3.200
1.500
2.730
2.670
2291WA
GENP-WA
2.700
Unch
98.6
10.580
7.750
-1.23
17/06/2019
0.255
0.150
0.240
0.230
0172WA
OCK-WA
0.230
-0.005
1731.3
0.820
0.710
15/12/2020
0.580
0.180
0.245
0.210
318225
GENTINGC25
0.245
0.045
2207.9
8.220
7.000
0.06
18/07/2016
0.205
0.060
0.080
0.080
7071WB
OCR-WB
0.080
Unch
307.3
0.445
0.350
-3.37
02/09/2016
0.220
0.075
0.095
0.095
318228
GENTINGC28
0.095
0.010
30
8.220
7.800
8.76
23/11/2016
0.470
0.255
0.270
0.260
5053WC
OSK-WC
0.270
0.005
55.5
1.590
1.800
30.19
22/07/2020
0.220
0.070
0.075
0.075
318229
GENTINGC29
0.075
-0.005
530
8.220
9.300
20.89
30/11/2016
0.340
0.160
0.170
0.160
5125WA
PANTECH-WA
0.170
Unch
20.2
0.570
0.600
35.09
21/12/2020
0.145
0.100
0.110
0.110
318231
GENTINGC31
0.110
0.010
10
4.280
8.300 114.49
31/03/2017
0.190
0.075
0.160
0.160
1295C6
PBBANK-C6
0.160
-0.010
10
19.340 18.000
-0.31
30/09/2016
0.395
0.295
0.330
0.320
318232
GENTINGC32
0.330
0.020
90
8.220
8.300
15.02
30/12/2016
0.310
0.130
0.235
0.230
9997WB
PENSONI-WB
0.230
0.010
155.7
0.650
0.600
27.69
20/01/2024
2.380
0.530
1.650
1.590
3182WA
GENTING-WA
1.620
0.080
1497
8.220
7.960
16.55
18/12/2018
0.050
0.015
0.025
0.025
5146WA
PERWAJA-WA
0.025
Unch
225
0.100
1.000 925.00
28/02/2022
14.63
11/11/2016
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Markets 2 9
B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S
RY
ATE
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Singapore stocks — Straits Times Index
closes 1% higher at 2,876.14 points
China stocks — Shanghai stocks close
up after muted inflation data
SINGAPORE: Singapore stocks ended
yesterday stronger, thanks to an upswing in
Asian markets driven by a much strongerthan-expected jobs report in the US.
As at 5.04pm, the benchmark Straits
Times Index was up 1.02% or 29.1 points
at 2,876.14.
Advancer Global closed at 39 Singapore
cents with 41.1 million shares traded.
This was 77% higher than its initial public
offering price of 22 Singapore cents. The
stock had opened at 32.5 Singapore cents.
The manpower solutions and facilities
management provider intends to use
S$6.4 million to expand its business into
complementary services and overseas
markets.
Cogent Holdings closed 0.8% higher at
64.5 Singapore cents after being queried
by the Singapore Exchange for the unusual
increase in its share price in the last few
sessions. The provider of warehousing
and container depot and transportation
management services says it isn’t aware
of a reason.
AsiaPhos closed 2.3% higher at nine
Singapore cents. The company says it has
received approval for the renewal of its Feng
Tai exploration rights for the exploration of
barite rocks in an area of 12.43 sq km in
China’s Sichuan province. The new licence
is valid from Dec 12, 2015 to Dec 12, 2017.
SHANGHAI: China stocks closed up
yesterday, shedding some early gains
but still finishing in the black.
The blue-chip CSI 300 Index rose 0.3%
to 3,203.33 points, while the Shanghai
Composite Index gained 0.23%, to 2,994.92.
“Recently the market has been doing
relatively well. One factor is the pullback
in the inflation data released over the
weekend. Another is that recent corporate
earnings forecasts have given a good
impression,” said Zhang Qi, analyst at
Haitong Securities in Shanghai.
Consumer prices in June grew at their
slowest pace since January, while producer
prices extended their decline, reinforcing
economists’ views more support was
needed to help the economy.
June prices rose 1.9% from a year
earlier, slightly faster than estimates but
down from the pace in May, and producer
prices fell 2.6%, more than the 2.5% fall
forecast in a Reuters poll.
“On a monthly basis, consumer price
index and producer price index dropped
by 0.1% and 0.2%, respectively, illustrating
a softening trend and in line with the
weakening growth profile,” wrote Zhou
Hao, senior emerging market economist
at Commerzbank in Singapore in a note
following the inflation data Sunday.
“Further policy easing is still on the cards,
021
019
017
016
016
Index points
3600
020
020
Shanghai Composite
FT Straits Times
3300
2,774.06
jumped 4% yesterday after US stocks rose
and the country’s ruling coalition won a
landslide victory in upper house elections,
boosting confidence in the market.
The Nikkei ended at 15,708.82 points, a
one-week closing high, after earlier touching
its highest intraday levels since June 24.
Prime Minister Shinzo Abe’s coalition
victory is expected to bolster his grip over
the conservative party, which he led back
to power in 2012 promising to revive the
economy with hyper-easy monetary policy,
fiscal spending and reforms.
“Abe continues a winning streak, giving
him a mandate from the Japanese voters
to continue LDP (Liberal Democratic
Party) policies,” said Hiroki Allen, chief
representative of Superfund Japan in Tokyo.
While there were no measurable effects on
the market of the Bernanke news, there was
an “overall positive impression that the Bank
of Japan (BoJ) is open to ideas,” Allen said.
Yesterday, former US Federal Reserve
chairman Ben Bernanke visited the BoJ,
according to a Reuters witness.
Government sources told Reuters last
Friday that Bernanke, who steered the US
through its worst financial crisis in modern
times, would meet with BoJ Governor
Haruhiko Kuroda and Prime Minister Shinzo
Japanese stocks — Nikkei soars on
Abe this week.
US stocks rise, Abe’s victory boosts
Nintendo Co soared 24.52%, extending
confidence
previous week’s gains, on hopes that the
popularity of its new Pokemon Go smartphone
TOKYO: Japan’s Nikkei Share Average game will boost its results. — Agencies
Hang Seng
Index points
2,994.92
5800
and we hold our view that the People’s
Bank of China will cut both interest rates
and reserve requirement ratio this month.”
Recent commentaries in state media
have indicated that China’s economy still
needs more fiscal support, but money supply
would likely grow slower in the second half
following record lending earlier in 2016.
China’s annual inflation rate in June was
1.9%, the lowest level since January, according
to figures released over the weekend.
But finance shares lagged in the afternoon,
with the CSI 300 financial services down
0.2% on news that the banking regulator
was investigating risks in the bill-financing
business of some commercial banks.
Meanwhile, Hong Kong shares finished
higher yesterday after a strong US labour
report buoyed global stocks and muted
China inflation data boosted expectations for
further economic stimulus in the mainland.
In the US, employers added a seasonally
adjusted 287,000 jobs in June a Friday
report showed, much stronger-thanexpected and easing fears about a major
slowdown in the US economy.
The Hang Seng Index rose 1.54% to
20,880.5 points, while the China Enterprises
Index gained 2% to 8,703.
+6.82
(+0.23%)
4825
Nikkei 225
Index points
28900
25625 21,056.93
17625
22350
14450
020
016
019
3000
3850
3,087.842
019
017
2700
016
016
016
2875
2,876.14
017
+29.10
(+1.02%)
2400
Mar 1, 2010
Jul 11, 2016
023
19075
1900
Mar 1, 2010
Jul 11, 2016
15800
Mar 1, 2010
Jul 11, 2016
10,172.06
15,708.82
11275
20,880.50
+316.33
(+1.54%)
Index points
20800
+601.84
(+3.98%)
8100
Mar 1, 2010
Jul 11, 2016
017
016
024
017
020
020
019
016
018
020
020
022
020
016
018
020
016
016
016
016
016
022
019
018
020
017
016
016
020
017
020
019
016
017
018
018
020
016
016
016
016
016
016
016
016
017
022
023
020
016
020
020
016
024
022
Bursa Malaysia Equity Derivatives
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
Main Market & Ace Market Warrants
0.345
0.280
0.560
1.110
0.075
0.595
0.155
0.200
0.175
2.990
0.180
0.100
0.165
0.260
0.695
0.415
0.080
0.160
0.225
0.470
0.465
0.400
0.170
0.060
0.390
0.150
0.250
0.160
0.195
0.115
0.135
0.240
0.285
0.175
0.075
0.080
0.515
0.290
0.280
0.045
0.025
0.075
0.085
0.800
0.110
0.180
0.120
0.450
0.235
0.140
0.155
0.170
0.480
0.045
0.360
0.005
0.110
0.165
0.600
0.055
0.095
0.040
0.105
0.300
0.305
0.015
0.050
0.115
0.100
0.035
0.025
0.025
0.005
0.195
0.005
0.090
0.040
0.090
0.080
0.005
0.011
0.022
0.020
0.030
0.015
0.195
0.100
0.130
0.010
0.005
0.015
0.040
0.280
0.025
0.110
0.010
0.300
0.035
0.190
0.185
0.190
0.820
0.075
0.540
0.100
0.120
0.165
2.980
0.055
0.095
0.120
0.240
0.695
0.395
0.015
0.060
0.185
0.100
0.045
0.025
0.050
0.035
0.260
0.005
0.115
0.120
0.155
0.090
0.015
0.155
0.180
0.025
0.035
0.045
0.205
0.165
0.170
0.010
0.010
0.020
0.050
0.280
0.065
0.175
0.015
0.320
0.050
0.185
0.170
0.190
0.800
0.075
0.540
0.095
0.115
0.165
2.870
0.055
0.095
0.120
0.230
0.645
0.380
0.015
0.050
0.115
0.100
0.035
0.025
0.050
0.030
0.260
0.005
0.105
0.110
0.145
0.090
0.015
0.140
0.165
0.020
0.035
0.045
0.195
0.160
0.170
0.010
0.005
0.015
0.050
0.280
0.065
0.160
0.010
0.320
0.035
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
0.315
0.185
0.205
1.150
0.345
0.340
2.900
1.110
0.280
0.170
0.205
0.435
0.490
0.120
0.090
0.035
5.140
0.010
0.070
0.150
0.115
0.138
0.150
0.530
0.180
0.465
0.200
0.275
0.140
0.085
0.110
0.125
1.050
0.255
0.135
1.550
0.230
0.110
0.115
0.235
1.140
0.270
0.060
0.115
0.765
0.120
0.020
0.145
0.235
0.105
0.185
0.705
0.630
0.020
0.110
0.145
0.160
0.405
0.055
0.030
0.015
4.500
0.005
0.025
0.015
0.070
0.019
0.065
0.090
0.070
0.270
0.045
0.025
0.005
0.025
0.030
0.120
0.545
0.050
0.100
0.620
0.065
0.055
0.040
0.105
0.630
0.005
0.010
0.115
0.005
0.135
0.030
0.205
1.150
0.345
0.340
2.900
0.645
0.100
0.110
0.165
0.410
0.445
0.070
0.030
0.025
4.950
0.005
0.025
0.055
0.075
0.040
0.070
0.265
0.070
0.290
0.050
0.030
0.005
0.025
0.040
0.120
0.600
0.060
0.135
1.220
0.120
0.060
0.040
0.160
0.700
0.010
0.015
0.115
0.020
0.125
0.020
0.185
1.150
0.330
0.340
2.810
0.630
0.085
0.110
0.150
0.400
0.430
0.060
0.030
0.025
4.950
0.005
0.025
0.040
0.075
0.035
0.070
0.265
0.070
0.285
0.045
0.030
0.005
0.025
0.035
0.120
0.600
0.055
0.100
1.210
0.115
0.060
0.040
0.155
0.695
0.010
0.015
0.115
0.005
CODE
8311WC
5681CQ
6033CN
8869CN
8869CO
8869CP
8869WC
7088WB
4634CV
4634CX
4634CY
7168WA
8966WA
7145WA
0007WA
0007WB
7765WA
0110WA
5256WA
7232WA
5270WA
0133WC
5157WA
7073WA
0055WA
7246WA
4197C3
521817
521824
521825
521826
521827
7155WA
0117WA
0093WA
7103WA
7143WA
1201WA
1201WB
5263CC
5211WA
710610
710613
710618
7106C5
WARRANTS
PESONA-WC
PETDAG-CQ
PETGAS-CN
PMETAL-CN
PMETAL-CO
PMETAL-CP
PMETAL-WC
POHUAT-WB
POS-CV
POS-CX
POS-CY
PRG-WA
PRLEXUS-WA
PSIPTEK-WA
PUC-WA
PUC-WB
RAPID-WA
RA-WA
REACH-WA
RESINTC-WA
RSENA-WA
SANICHI-WC
SAUDEE-WA
SEACERA-WA
SERSOL-WA
SIGN-WA
SIME-C3
SKPETROC17
SKPETROC24
SKPETROC25
SKPETROC26
SKPETROC27
SKPRES-WA
SMRT-WA
SOLUTN-WA
SPRITZER-WA
STONE-WA
SUMATEC-WA
SUMATEC-WB
SUNCON-CC
SUNWAY-WA
SUPERMX-C10
SUPERMX-C13
SUPERMX-C18
SUPERMX-C5
CLOSE
(RM)
+/(RM)
0.135
0.025
0.185
1.150
0.330
0.340
2.850
0.630
0.095
0.110
0.165
0.405
0.445
0.070
0.030
0.025
4.950
0.005
0.025
0.050
0.075
0.035
0.070
0.265
0.070
0.290
0.050
0.030
0.005
0.025
0.035
0.120
0.600
0.060
0.130
1.220
0.120
0.060
0.040
0.160
0.695
0.010
0.015
0.115
0.005
-0.005
0.005
-0.005
0.020
Unch
0.015
0.010
-0.015
0.010
Unch
0.020
0.005
0.020
0.010
Unch
Unch
Unch
Unch
Unch
0.010
Unch
Unch
0.005
-0.005
-0.005
0.005
-0.005
-0.005
-0.005
-0.010
0.005
Unch
0.025
Unch
0.075
0.070
Unch
Unch
-0.005
Unch
-0.015
Unch
Unch
-0.035
-0.015
VOL PARENT
EXE
(‘000)
PRICE PRICE
38.6
26.4
34.4
3
747.1
10
414.3
449.4
8687.5
16.8
116.3
85
106.6
36
7.1
250
110
400
13705.7
128.5
25.3
315
0.1
31.7
20
47.1
281.5
353
200
380
2660
100
56
165.1
18822
24.3
80
51.7
123
498
103.1
895.5
230
180
3867.6
PR’M
(%)
0.355 0.250
8.45
23.600 24.860
7.03
22.340 21.200
4.83
3.940 1.600
-1.02
3.940 2.700
2.03
3.940 3.100
8.88
3.940 1.100
0.25
1.480 1.000
10.14
2.800 2.770
5.71
2.800 3.100
22.50
2.800 2.800
17.68
1.110 0.750
4.05
1.430 1.200
15.03
0.120 0.100
41.67
0.070 0.100
85.71
0.070 0.100
78.57
5.970 1.000
-0.34
0.010 0.170
1,650
0.675 0.750
14.81
0.450 0.500
22.22
0.405 0.500
41.98
0.170 0.400 155.88
0.285 0.500 100.00
0.895 1.000
41.34
0.115 0.180 117.39
0.980 0.970
28.57
7.450 7.900
8.72
1.400 1.700
26.79
1.400 2.100
51.25
1.400 2.000
49.11
1.400 1.850
38.39
1.400 1.400
21.43
1.200 0.650
4.17
0.160 0.180
50.00
0.250 0.200
32.00
2.440 1.180
-1.64
0.350 0.300
20.00
0.095 0.320 300.00
0.095 0.175 126.32
1.630 1.450
3.68
2.980 2.250
-1.17
2.080 3.170
54.33
2.080 4.000
95.91
2.080 2.200
19.59
2.080 2.100
1.44
EXPIRY
DATE
27/01/2020
31/10/2016
31/03/2017
18/07/2016
15/12/2016
17/02/2017
22/08/2019
21/10/2020
31/10/2016
13/01/2017
13/01/2017
06/07/2019
14/06/2021
16/11/2019
25/12/2024
15/02/2019
07/04/2017
22/03/2017
12/08/2022
29/09/2016
01/12/2023
24/09/2019
31/03/2021
16/05/2017
18/04/2023
21/04/2021
30/09/2016
30/09/2016
30/08/2016
26/01/2017
30/11/2016
31/01/2017
27/06/2017
01/08/2017
04/07/2021
13/12/2016
21/06/2020
03/03/2021
13/11/2018
28/10/2016
17/08/2016
31/10/2016
31/01/2017
28/04/2017
18/07/2016
CODE
7082WB
1538WB
8524WB
5191WA
0132WA
534722
534726
534727
534730
7034WA
7889WB
486311
486312
0101WB
8397WC
7285WA
7113C1
7113C6
7113C7
7113CW
7113CX
7113CZ
5054WA
0118WA
5401WA
514820
7091WA
5005CJ
5005CK
5005CP
0120WA
0069WB
0069WC
6963CA
6963CF
0066WA
6963WA
9679WD
9679WE
5156WC
0095WA
5155WA
0165WA
7003WA
7020WB
4677C4
6742CS
6742WB
7028WA
WARRANTS
SYF-WB
SYMLIFE-WB
TALIWRK-WB
TAMBUN-WA
TDEX-WA
TENAGA-C22
TENAGA-C26
TENAGA-C27
TENAGA-C30
TGUAN-WA
THRIVEN-WB
TM-C11
TM-C12
TMCLIFE-WB
TNLOGIS-WC
TOMYPAK-WA
TOPGLOV-C1
TOPGLOV-C6
TOPGLOV-C7
TOPGLOV-CW
TOPGLOV-CX
TOPGLOV-CZ
TRC-WA
TRIVE-WA
TROP-WA
UEMS-C20
UNIMECH-WA
UNISEM-CJ
UNISEM-CK
UNISEM-CP
VIS-WA
VIVOCOM-WB
VIVOCOM-WC
VS-CA
VS-CF
VSOLAR-WA
VS-WA
WCT-WD
WCT-WE
XDL-WC
XINGHE-WA
XINQUAN-WA
XOX-WA
Y&G-WA
YKGI-WB
YTL-C4
YTLPOWR-CS
YTLPOWR-WB
ZECON-WA
CLOSE
(RM)
+/(RM)
0.185
0.170
0.190
0.820
0.075
0.540
0.095
0.115
0.165
2.930
0.055
0.095
0.120
0.240
0.695
0.385
0.015
0.050
0.115
0.100
0.040
0.025
0.050
0.035
0.260
0.005
0.115
0.110
0.145
0.090
0.015
0.155
0.180
0.025
0.035
0.045
0.200
0.165
0.170
0.010
0.010
0.020
0.050
0.280
0.065
0.175
0.010
0.320
0.050
-0.005
Unch
0.010
0.020
Unch
0.010
Unch
Unch
Unch
0.060
Unch
-0.005
-0.010
0.010
0.050
-0.005
-0.005
-0.020
-0.090
-0.005
-0.005
-0.005
Unch
Unch
Unch
Unch
Unch
-0.010
-0.010
Unch
Unch
0.015
0.015
Unch
0.005
-0.005
0.005
0.005
Unch
Unch
Unch
0.005
Unch
-0.020
Unch
-0.005
Unch
Unch
0.010
VOL PARENT
EXE
(‘000)
PRICE PRICE
332.6
100.4
10
32
195
100
16
9.1
125
167.7
9.3
30
1.7
2043
5848
767.3
365
523.7
70
150
438.1
105
50
11652.5
1.9
576.6
200
178.9
400
10
120
31838.2
3688.8
380.2
50
280
896.7
345.5
405
26.6
700
115.1
810
5
393.2
110.1
600.9
66.1
3.6
0.560
0.685
1.430
1.450
0.135
14.180
14.180
14.180
14.180
4.270
0.195
6.760
6.760
0.860
1.620
1.770
4.500
4.500
4.500
4.500
4.500
4.500
0.390
0.085
1.010
1.030
1.170
2.510
2.510
2.510
0.205
0.255
0.255
1.180
1.180
0.085
1.180
1.490
1.490
0.035
0.040
0.185
0.130
1.000
0.190
1.630
1.400
1.400
0.580
Please refer to the bursa malaysia website for the prices of Loan stocks, bonds and overseas structure warrants
0.700
1.100
1.700
0.600
0.110
10.500
12.880
13.700
14.500
1.500
0.640
6.800
6.500
0.750
1.000
2.290
7.000
5.150
4.950
4.040
4.625
6.900
0.500
0.100
1.000
1.000
1.500
2.050
2.000
2.350
0.250
0.240
0.100
1.380
1.300
0.120
1.650
1.710
2.080
0.040
0.100
1.000
0.200
1.000
0.500
1.500
1.480
1.140
1.060
PR’M
(%)
58.04
85.40
32.17
-2.07
37.04
0.71
0.88
4.32
13.31
3.75
256.41
7.62
1.48
15.12
4.63
51.13
59.56
20.00
20.22
6.44
8.11
56.67
41.03
58.82
24.75
-1.46
38.03
-0.80
2.79
8.69
29.27
54.90
9.80
23.31
20.55
94.12
56.78
25.84
51.01
42.86
175.00
451.35
92.31
28.00
197.37
2.76
6.79
4.29
91.38
EXPIRY
DATE
11/11/2019
11/11/2020
11/11/2018
30/05/2017
21/09/2018
30/09/2016
30/08/2016
30/08/2016
17/02/2017
09/10/2019
05/10/2020
30/09/2016
30/11/2016
21/06/2019
26/12/2018
21/06/2021
31/01/2017
28/02/2017
30/11/2016
28/10/2016
10/08/2016
28/10/2016
20/01/2017
06/01/2017
06/12/2019
18/07/2016
18/09/2018
29/07/2016
28/10/2016
30/08/2016
01/09/2016
07/09/2018
22/01/2020
28/10/2016
30/09/2016
01/12/2017
06/01/2019
11/12/2017
27/08/2020
02/07/2018
22/03/2019
24/06/2019
10/02/2019
16/11/2019
28/05/2020
31/03/2017
30/08/2016
11/06/2018
03/03/2017
30 Markets
INSIDER MOVES . TRADING THEMES . EVENTS . FOREX
Trading themes
Insider moves (Filings on Jul 8, 2016)
Insider Moves show what substantial shareholders are doing with their stakes, which could be a signal of their views on the company’s outlook.
COMPANY
SHARES ACQUIRED
(DISPOSED)
7-ELEVEN MALAYSIA
DIRECTOR/SUBSTANTIAL
SHAREHOLDER
(216,800) GENESIS INVESTMENT MANAGEMENT,
LLP, UK
(15,654) AMANAHRAYA TRUSTEES
- SKIM AMANAH SAHAM BUMIPUTERA
50,000 EMPLOYEES PROVIDENT FUND BOARD
(94,800) NORGES BANK, NORWAY
(9,452,000) AMANAHRAYA TRUSTEES
430,000 CHIANG SANG SEM
(2,623,200) EMPLOYEES PROVIDENT FUND BOARD
86,400 HIJAUWASA S/B
AXIS REAL ESTATE
INVESTMENT TRUST
BERJAYA AUTO
BERJAYA FOOD
BIMB
BONIA CORPORATION
DIALOG GROUP
DIGI.COM
EWEIN
GENTING PLANTATIONS
IGB REAL ESTATE
INVESTMENT TRUST
IHH HEALTHCARE
IJM CORPORATION
IJM CORPORATION
IOI PROPERTIES GROUP
KOSSAN RUBBER INDUSTRIES
KUALA LUMPUR KEPONG
MAXIS
PPB GROUP
PUBLIC BANK
RELIANCE PACIFIC
RHB BANK
SUNWAY REAL ESTATE
INVESTMENT TRUST
SUNWAY REAL ESTATE
INVESTMENT TRUST
TAN CHONG MOTOR
TIONG NAM LOGISTICS
TOP GLOVE CORPORATION
WELLCALL
YTL CORPORATION
YTL POWER INTERNATIONAL
2,379,000 EMPLOYEES PROVIDENT FUND BOARD
2,367,400 VERTICAL CAPACITY S/B
(639,400) EMPLOYEES PROVIDENT FUND BOARD
113,577,218 MAZMUR CAPITAL S/B
2,267,800 EMPLOYEES PROVIDENT FUND BOARD
(10,600)
300,000
1,201,500
336,300
EMPLOYEES PROVIDENT FUND BOARD
ONG YOONG NYOCK
EMPLOYEES PROVIDENT FUND BOARD
MONDRIAN INVESTMENT PARTNERS
LTD, UK
(3,000,000) EMPLOYEES PROVIDENT FUND BOARD
SHARES HELD
AFTER CHANGE
TRANSACTION
DATE
73,499,800
129,251,712
28,29,30/6,
1 & 4/7
4/7
128,971,220
19,567,800
89,929,800
1/7
29 & 30/6
30/6 & 1/7
360,728,404
649,794,304
907,767,976
94,406,389
101,990,200
248,344,113
4/7
1/7
1/7
4,5 & 8/7
1/7
1/7
631,904,800
302,002,900
1/7
4/7
482,709,278
2,238,042,847
66,598,300
118,862,188
619,502,834
75,214,079
486,319,310
210,840,718
1,670,619,204
284,027,200
30/6 & 1/7
1,4 & 5/7
30/6 & 1/7
1/7
1/7
1/7
28/6 & 1/7
5/7
1/7
4/7
356,633,100
55,095,900
208,326,500
103,157,446
22,634,800
28,29/6
& 1/7
1/7
5/7
1/7
4/7
719,274,747
402,135,691
1/7
1/7
Japan economy
While every effort is made to ensure accuracy, the information presented is not an exhaustive list and is not an official record of shareholder
filings. Direct and indirect share are combined due to space constraints. Readers who are interested should check the official filings filed with
Bursa Malaysia.
Note: * denotes Ace Market
Local event to watch out for today
• Minho (M) Bhd extraordinary general meeting at Kelab Shah Alam Selangor, Petaling
Room, Jalan Aerobik 13/43, Shah Alam, Selangor at 10am.
Stocks closest to year low
Stocks closest to year high
STOCK
TMCLIFE
YONGTAI
SUPERLN
HAIO
LBALUM
BORNOIL-WC
PMETAL
YONGTAI-WA
JHM
AIRASIAC38
TNLOGIS
PETGAS-CN
GKENT
PMETAL-WC
ABFMY1
BORNOIL-WB
PMETAL-CO
HIGH
(RM)
LOW
(RM)
CLOSE
(RM)
VOLUME
('000)
0.865
1.040
2.340
2.940
0.635
0.115
3.990
0.865
1.290
0.155
1.630
0.205
2.100
2.900
1.100
0.145
0.345
0.850
1.020
2.280
2.880
0.610
0.105
3.920
0.840
1.210
0.145
1.540
0.185
2.030
2.810
1.100
0.125
0.330
0.860
1.030
2.340
2.930
0.630
0.110
3.940
0.860
1.210
0.155
1.620
0.185
2.050
2.850
1.100
0.140
0.330
638.5
6375
221.9
292.4
5384.5
85766.2
2346.6
1354.5
1781.4
3105
4397.8
34.4
2829
414.3
0.1
1603.8
747.1
This table shows stocks that are trading near their year high. This
could suggest a build-up in buying momentum, or the possibility that
profit-taking activities could set in later.
STOCK
M3TECH
TOPGLOV-C7
DOLPHIN-WA
HSI-H25
TOPGLOV-CX
DSONIC-CI
MYEG-CT
SUPERMX-C5
HSI-C32
HSI-H29
HSI-H37
SP500-H1
HSI-H27
HSI-H33
SERSOL-WA
HSI-H57
SASBADI
HIGH
(RM)
LOW
(RM)
CLOSE
(RM)
VOLUME
('000)
0.090
0.185
0.120
0.050
0.045
0.030
0.125
0.020
0.615
0.070
0.365
0.465
0.255
0.380
0.070
1.250
1.210
0.080
0.115
0.120
0.035
0.035
0.025
0.090
0.005
0.305
0.060
0.345
0.455
0.190
0.310
0.070
1.220
1.150
0.090
0.115
0.120
0.045
0.040
0.025
0.095
0.005
0.585
0.065
0.360
0.465
0.210
0.335
0.070
1.250
1.210
3981.8
70
68.8
21930.7
438.1
1640.6
6099.8
3867.6
120.6
1173
163.5
126.8
11885.5
7056.4
20
158
603.1
This table shows stocks that are trading near their year low. This
could suggest a build-up in selling momentum, or the possibility that
bargain hunting could set in later.
Foreign exchange rates
NZ
NZ $
EURO
EURO
0.656
1.524
US
SWISS
BRIT CANADA BRUNEI S’PORE
AUST
M’SIA
CHINA
BANGL’H
DENM’K
UAE
0.978
0.978
0.959
2.9039
4.852
56.895
4.882
2.665
9,490
48.705
74.288
6.173
34.332
2.642
2.721
6.222
25.469
5.629
1.444
1.490
1.490
1.462
4.4242
7.393
86.682
7.438
4.060
14,458
74.204
113.180
9.405
52.307
4.025
4.146
9.480
38.803
8.577
7.758
STERLING £
1.790
1.175
1.299
1.277
CANADA $
1.055
0.693
0.766
0.752
0.589
BRUNEI $
1.022
0.671
0.742
0.729
0.571
0.969
SINGAPORE $
1.022
0.671
0.742
0.729
0.571
0.969
1.000
AUSTRALIA $
1.042
0.684
0.756
0.743
0.582
0.988
1.020
1.020
MALAYSIA RM
0.344
0.226
0.250
0.246
0.192
0.326
0.337
0.337
0.330
20.608
13.527
14.954
14.695
11.510
19.529
20.158
20.160
19.769
59.8440
1.758
1.154
1.275
1.253
0.982
1.666
1.719
1.719
1.686
5.1039
8.529
100 DANISH KRONER
20.482
13.444
14.862
14.605
11.439
19.410
20.034
20.037
19.649
59.4780
99.39
100 UAE DIRHAM
37.527
24.632
27.230
26.759
20.959
35.563
36.707
36.712
36.000 108.9751
182.10
2,135
183.22
1000 INA RUPIAH
0.105
0.069
0.076
0.075
0.059
0.100
0.103
0.103
0.101
0.3060
0.511
5.995
0.514
0.281
100 INDIA RUPEE
2.053
1.348
1.490
1.464
1.147
1.946
2.008
2.009
1.970
5.9622
9.963
116.816
10.024
5.471
0.983
0.770
1.306
1.348
1.348
1.322
4.0020
6.687
78.410
6.729
3.672
13,078
67.123
102.379
8.508
47.315
3.641
3.750
8.575
35.100
0.783
1.329
1.372
1.372
1.345
4.0725
6.805
79.791
6.847
3.737
13,309
68.305
104.183
8.658
48.149
3.705
3.816
8.726
35.718
7.895
1.697
1.751
1.752
1.718
5.1994
8.688
101.870
8.742
4.771
16,992
87.206
133.011
11.053
61.472
4.731
4.872
11.141
45.602
10.079
1.032
1.032
1.012
3.0643
5.120
60.038
5.152
2.812
10,014
51.395
78.391
6.514
36.229
2.788
2.871
6.566
26.876
5.940
1.000
0.981
2.9688
4.961
58.167
4.991
2.724
9,702
49.794
75.948
6.311
35.100
2.701
2.782
6.361
26.038
5.755
0.981
2.9684
4.960
58.159
4.991
2.724
9,701
49.787
75.938
6.310
35.095
2.701
2.782
6.360
26.035
5.754
3.0271
5.058
59.309
5.089
2.778
9,892
50.772
77.439
6.435
35.789
2.754
2.837
6.486
26.550
5.868
1.0000
1.671
19.593
1.681
0.918
3,268
16.772
25.582
2.126
11.823
0.910
0.937
2.143
8.771
1.939
1,173
100.615
54.915
1,531
127.219
707.526
54.447
56.077
128.228
524.869
116.013
8.581
4.684
16,680
85.605
130.569
10.850
60.343
4.644
4.783
10.936
44.765
9.894
54.579
194,373
997.58
1,522
126.44
703.20
54.11
55.73
127.44
521.66
115.30
1,828
2,788
231.66
1,288
99.15
102.12
233.50
955.78
211.26
5.132
7.828
0.651
3.618
0.278
0.287
0.656
2.684
0.593
152.525
12.675
70.490
5.425
5.587
12.775
52.292
11.558
1,165
195,569 1,003.723
356,128
19,484
1.346
0.884
0.977
0.960
0.752
1.276
1.317
1.317
1.291
3.9090
6.532
76.588
6.572
3.587
12,775
65.563
16.199
10.632
11.754
11.551
9.047
15.351
15.845
15.847
15.540
47.0400
78.604
922
79.088
43.166
153,725
788.971
1,203
2.794
2.913
1.912
2.113
2.077
1.627
2.760
2.849
2.849
37.850
24.843
27.464
26.989
21.139
35.868
37.022
37.027
8.310
8.4582
14.134
165.719
14.221
7.762
27,641
141.864
216.378
17.981
36.309 109.9118
183.664
2,153
184.794
100.860
359,189
1,843
2,812
233.656
46.216
3.556
3.663
8.376
34.284
7.578
556.147
42.798
44.079
100.793
412.570
91.191
7.695
1,299
7.926
18.123
74.184
16.397
102.994
235.508
963.995
213.073
935.976
206.880
409.325
90.474
100 SAUDI RIYAL
36.750
24.121
26.666
26.204
20.525
34.826
35.946
35.951
35.254 106.7172
178.326
2,091
179.423
97.928
348,749
1,790
2,730
226.865
1,262
97.093
100 SWEDISH KRONOR
16.071
10.549
11.662
11.460
8.976
15.230
15.720
15.722
15.417
46.6700
77.986
914.391
78.466
42.826
152,516
782.765
1,194
99.213
551.772
42.461
43.732
3.926
2.577
2.849
2.800
2.193
3.721
3.841
3.841
3.767
11.4017
19.052
223.390
19.170
10.463
37,260
191.233
291.678
24.238
134.801
10.373
10.684
24.430
17.764
11.660
12.890
12.666
9.921
16.834
17.375
17.378
17.041
51.5840
86.197 1,010.670
86.728
47.336
168,575
865.184
1,320
109.660
609.870
46.932
48.337
110.529
100 HK$
HK
0.948
1.018
100 THAI BAHT
THAI
0.851
0.905
100 PHILIPPINE PESO
SAUDI SWEDEN
0.559
0.921
100 QATAR RIYAL
QATAR
1.086
1.378
100 NORWEGIAN KRONER
PHIL
0.713
1.402
100 JAPAN YEN
JAPAN NORWAY
1.105
US $
100 CHINESE RMB
INDIA
0.726
SWISS FR
100 BANGLAD’H TAKA
INA
228.663
22.103
452.424
Note: Run your finger down the left-hand side until you reach the country of origin you plan to exchange. Then move your finger until that line intersects with the vertical column of the currency you wish to buy. The figure is how much you will get. The above rates are subject to change and provided by Thompson Reuters.
Markets 3 1
FUTURES . MONEY MARKET . COMMODITIES
Money market
Index futures
Index points
1980
US Dollar
Long Rolls - KLCI futures
FKLI
Open Interest
1,656.00 90000
Klibor
USD Index
Index points
-4.50
18.00
(+13.00)
102.00
(-1.00)
Implied interest rate (%)
96.496
4.5
(+0.194)
94.25
1790
68000
4.75
1600
46000
-8.50
86.50
1410
24000
-21.75
78.75
1220
2000
-35.00
3.60
(Unch)
3.5
2.5
Jan 4, 2010
71.00
Jan 4, 2010
Jul 11, 2016
FBM KLCI futures higher
with firmer cash market
Jul 11, 2016
FBM KLCI futures
INDEX AND FUTURES
CONTRACT
LAST
CHANGE
VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
The FBM KLCI futures contract on Bursa FBMKLCI 1,653.87 9.33 122.9M
1,656.00
13.00
5,942 40,385
250
Malaysia Derivatives closed higher yesterday JUL 16
AUG 16
1,651.00
11.00
151
335
-32
in tandem with the firmer cash market.
SEP 16
1,645.50
11.00
98
606
-8
The benchmark FBM KLCI closed 9.33 DEC 16
1,632.00
10.00
15
211
-6
points better at 1,653.87.
TOTAL
6,206 41,537
204
Spot contract month July 2016 rose 13
BID
OFFER
CLOSE
points to 1,656; August 2016 and September FUTURES ROLL OVER
-4.0
-4.5
-4.5
2016 gained 11.5 points each to 1,651 and JUL/AUG
1,645.5 respectively; while December 2016 FUTURES FAIR VALUE
CONTRACT
DAYS TO EXPIRY
KLIBOR DIVIDEND FAIR VALUE
increased 10 points to 1,632.
16
19
2.73
0.97
1.76
Turnover rose to 6,206 lots from 6,180 lots JUN
JULY 16
51
7.59
1.84
5.75
last Friday, while open interest gained to 41,537 ROLL’S FAIR
3.99
contracts from 41,307 contracts previously.
Asian shares rose, with MSCI’s broadest
Index of Asia-Pacific Shares Outside Japan
jumping 1.8%.
The Jakarta Composite Index gained Bank Central Asia Tbk and PT Bank Rakyat
2%, led by financials and consumer staples, Indonesia (Persero) Tbk gained 2.1% and
closing at its highest since June 2015. PT 5.6% respectively. — Agencies
Commodities
Jul 11, 2016
1.5
Oct 1, 2000
US dollar gains ahead of yen
on hopes of more stimulus
Klibor
The US dollar climbed almost 2% against the
yen yesterday following a surge in Japan’s
stock market, after the country’s ruling
coalition won a clear victory in upper house
elections, fuelling expectations of more
monetary stimulus.
The US dollar hit a four-month high against a
basket of major currencies, having already been
given a lift by a bumper US jobs report last Friday
which saw investors price back in the chance of
an increase in interest rates by the US Federal
Reserve before the end of the year.
The US dollar rose as much as 1.9% on
the day to ¥102.48, its biggest one-day rise
in almost three months. It fell as low as ¥99
on June 24 in the aftermath of Britain’s shock
vote to leave the European Union, which
drove investors to the Japanese currency
and other safe havens. — Reuters
JUL6
AUG6
SEP6
DEC6
MAR7
JUN7
SEP7
DEC7
MAR8
JUN8
SEP8
DEC8
MAR9
JUN9
SEP9
DEC9
MAR0
JUN0
SEP0
DEC0
MAR1
JUN1
TOTAL
CPO vs Soyoil
Open Interest
4200
200000
CPO RM/tonne
Soyoil US$/Ibs
MONTH
6400
Crude Oil
Gold
US$/bbl
US$/troy oz
0.7300
155.00
2,699
44.90
152500
5075
(RM0.3066/tonne) 0.5475
121.25
2700
105000
3750
0.3650
87.50
1340
57500
2425
0.1825
53.75
1020
1950
2,239
Jan 6, 2008
SETTLEMENT
PRICE
CHANGE
96.35
96.35
96.40
96.40
96.40
96.35
96.31
96.26
96.26
96.26
96.26
96.26
96.26
96.26
96.26
96.26
96.26
96.26
96.26
96.26
96.26
96.26
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
VOLUME
OPEN
INTEREST
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0
1980
3450
1200
Jul 11, 2016
CPO prices react to various factors including soyoil prices, weather conditions and stockpiles. Open interest shows either increasing or decreasing market participation.
CPO & Open Interest
CPO RM/tonne
Oct 2, 2006
(-0.51)
10000
Jul 11, 2016
Palm oil drops on expectations
of lower June export numbers
(-2)
1100
Jan 6, 2008
0.0000
Jul 11, 2016
CPO futures
CONTRACT
JUL-16
AUG-16
SEP-16
OCT-16
NOV-16
LAST
2,320
2,274
2,239
2,222
2,219
CHANGE
—
-3
-2
-4
-3
VOLUME
71
3,323
20,601
5,255
3,615
OPEN CHANGE IN
INTEREST OPEN INTEREST
1,549
20,989
90,129
49,182
44,678
1,358.30
(-0.10)
2,239
(-2)
1660
-287
-1,979
4,352
1,868
-159
Malaysian palm oil futures eased yesterday,
touching their lowest in nine months during
the session as sentiment remained subdued
CPO/SOYOIL
ahead of data expected to show a drop in CPO FUTURES
INDICATIVE ROLL-OVER FUTURES BASIS (USD)
exports last month.
CURRENT
-94.09
JUL/AUG
46
Benchmark palm oil futures for September JUL/SEP
3 MONTHS AVERAGE
-74.72
81
delivery on Bursa Malaysia Derivatives closed JUL/OCT
6 MONTHS AVERAGE
-78.60
98
0.04% or RM2 lower at RM2,239 a tonne, AUG/SEP
35
having dropped by about 1% earlier in the SGS & ITS EXPORT ESTIMATES (TONNES)
SHIPMENT DAYS
APR’16
MAY’16
JUN’16
day, the lowest level since Oct 9, 2015.
305/321
404/391
362/368
Traders said the Malaysian Palm Oil 1 - 10TH DAYS
500/484
575/563
555/566
Board’s data for June, due today, is expected 1- 15TH DAYS
1 - 20TH DAYS
724/738
792/786
711/717
to show higher stocks and lower exports.
1 - 25TH DAYS
883/890
982/965
881/873
“The industry expects the end stock to be FULL MONTH
1,088/1,109
1,252/1,233 1,111/1,130
in the range of 1.75 million to 1.85 million MALAYSIAN PALM OIL BOARD
FEB’16
MAR’16
APR’16
MAY’16
tonnes and if that’s the case the market will
1,043
1,220
1,301
1,364
consolidate above RM2,200,” said Lingam PRODUCTION
1,085
1,334
1,165
1,282
Supramaniam, director with Pelindung EXPORT
STOCKS
2,169
1,885
1,800
1,645
Bestari at Port Klang Malaysia.
MPOB Palm oil physical
The September contract for soybean
JUL’2016
AUG’2016
SEP’2016
oil, a substitute for palm oil, on the Dalian (IN RM/TON)
DELD
2,298
2,290
2,280
Commodity Exchange rose 1.2%, while the CPO
PK EX-MILL
2,330
2,310
2,300
most actively traded September contract for CPKO DELD
4,828
4,811
4,795
palm olein surged by 1.7%, tracking gains in RBD P.OIL FOB
2,360
2,348
2,330
US soyoil.
RBD P.OLEIN FOB
2,400
2,390
2,380
2,300
2,250
2,200
The survey showed inventories are RBD P.STEARIN FOB
expected to have risen by 7.4% to 1.77 million MPOB FFB REF PRICE (MILL GATE PRICE)
GRADE A
GRADE B
GRADE C
tonnes in June, with exports down 6.4% from REGION
OER (RM/TON)
OER(RM/TON)
OER (RM/TON)
May.
NORTH
20.00% 518
19.00% 496
18.00% 473
Higher stockpiles in Malaysia should SOUTH
20.00% 527
19.00% 505
18.00% 482
20.00% 528
19.00% 505
18.00% 483
pressure palm oil prices lower, forecast a CENTRAL
Reuters poll of eight traders, analysts and EAST COAST 20.00% 522 19.00% 499 18.00% 477
SABAH
22.00% 503
21.00% 483
20.00% 462
planters. — Reuters
SARAWAK
22.00% 511
21.00% 490
20.00% 469
20.00
Apr 10, 2007
700
Jul 11, 2016
Oil falls further under US$50
on Asia demand concern
Oil fell yesterday over signs that US shale
drillers have adapted to lower prices and on
renewed indications of economic weakness
in Asia where refiners are already trimming
crude runs.
Brent crude was trading at US$46.27
per barrel, down 49 US cents from its last
settlement. Meanwhile, US crude was down
51 US cents at US$44.90 a barrel.
Physical markets were also under
pressure. Rising Canadian oil flows are having
difficulty finding space in pipelines, weighing
on Canadian prices.
Iran set the official selling price of its light
grade for Asia at US$0.45 above the Oman/
Dubai average for August, down 40 US cents
on the month. Traders said the lower prices
were a result of Asian refiners beginning to
cut crude orders, and also due to the region’s
economic slowdown. — Reuters
Centrifuged Latex
Aug 31, 2008
Commodities
AGRICULTURE
UNIT
EXCHANGE
RM/TON
SEN/KG
USC/BSH
USC/BSH
USC/BSH
USC/IBS
US$/TON
USC/IBS
USC/IBS
USC/IBS
MDEX
MRB
CBOT
CBOT
CBOT
CME
NYBOT
NYBOT
NYBOT
NYC
2,239
494.00
353.50
1,101.75
423.50
112.33
3,116
146.25
19.99
66.50
US$/TON
USC/IBS
US$/TROY OZ
US$/TROY OZ
US$/TROY OZ
USC/TROY OZ
RMB/TON
RMB/TON
KLTM
CMX
CMX
NYMEX
NYMEX
CMX
SHF
SHF
17,901
351
2.1600 0.0410
1,358.30
-0.10
1,096.90
-1.80
618.20
0.00
20.31
0.24
12,650
150
16,805
415
LIGHT CRUDE OIL
US$/BBL
HEATING OIL
USC/GAL
NATURAL GAS
US$/MMBTU
BRENT CRUDE
US$/BBL
GAS OIL
US$/TON
NYMEX
NYMEX
NYMEX
ICE
ICE
44.90
-0.51
1.4347 -0.0025
2.839
0.051
46.27
-0.49
407.00
-0.25
CRUDE PALM OIL
RUBBER
CORN
SOYBEANS
WHEAT
LIVE CATTLE
COCOA
COFFEE
SUGAR
COTTON
-2
-22.00
3.75
12.00
2.75
0.00
19
2.15
0.18
0.57
METAL & PRECIOUS METALS
TIN
COPPER
GOLD
PLATINUM
PALLADIUM
SILVER
ALUMINIUM
ZINC
ENERGY
Sen/Kg
1100
1700
900
1325
429.00
950
(-7.50)
500
494.00
(-22.00)
575
300
Jan 7, 2007
LAST PRICE CHANGE
Rubber - M’sia SMR 20
Sen/Kg
700
Jul 11, 2016
200
Jul 11, 2016
Jan 7, 2007
Jul 11, 2016
Markets
32
F U T U R E S . M O N E Y M A R K E T . C O M M O D I T I E S PA G E 3 1
YOUR DAILY FINANCIAL MARKET S ROUNDUP
I N S I D E R M OV E S . T R A D I N G T H E M E S . E V E N T S . FO R E X PA G E 3 0
G L O BA L M A R K E T S PA G E 2 9
M A I N M A R K E T . A C E M A R K E T L I ST I N G PA G E 2 5
RESEARCH: TAI TS [tai@bizedge.com; SUGUMARAN [sagu@bizedge.com]
KLCI 1,653.87
FBM ACE 5,200.48
9.33
FTSTI 2,876.14
43.11
29.10
NIKKEI 15,708.82
601.84 HANG SENG 20,880.50
The best way to predict the future is to invent it.
— Alan Kay
STOCK
1660.0
1658.5
1657.0
1655.5
1654.0
1652.5
1651.0
1649.5
1648.0
1646.5
1645.0
Index point
KLCI futures
1,656.00
(+13.00)
KL Composite Index
1,653.87
(+9.33)
8:45 9:30
10:30
11:30
12:45
14:30
15:30
16:30 17:15
Daily FBM KLCI
Moving average - 20-day
KL Composite Index
1950.0
MYEG
VIVOCOM-WB
DNEX
HWGB
HUBLINE
REACH-WA
MAYBANKC17
EMETALL
MYEG-CX
MULPHA
HWGB-WD
XINGHE
IFCAMSC
MYEG-CT
PENTA
INARI-CJ
Daily top 20 active stocks
VOLUME
('000)
CHANGE
(%)
CHANGE
(RM)
CLOSE
(RM)
HIGH
(RM)
LOW
(RM)
33,990
31,838
22,791
20,701
17,208
13,706
11,481
8,841
7,773
7,313
7,109
6,245
6,193
6,100
6,091
5,809
-4.28
10.71
2.38
0.00
0.00
0.00
100.00
7.33
-25.00
0.00
0.00
-11.11
1.06
-24.00
3.64
0.00
-0.080
0.015
0.005
0.000
0.000
0.000
0.005
0.055
-0.015
0.000
0.000
-0.005
0.005
-0.030
0.030
0.000
1.790
0.155
0.215
0.060
0.010
0.025
0.010
0.805
0.045
0.225
0.025
0.040
0.475
0.095
0.855
0.085
1.890
0.155
0.225
0.070
0.010
0.025
0.010
0.815
0.060
0.230
0.030
0.045
0.485
0.125
0.860
0.085
1.720
0.140
0.205
0.055
0.005
0.025
0.005
0.750
0.045
0.220
0.025
0.040
0.470
0.090
0.835
0.085
Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares
traded for a particular counter on the previous trading day is more than triple the average volume for the
last 5 trading days. The table captures the build-up of interest in these companies and is thus a gauge of
market expectations for these counters.
1,653.87
(+9.33)
1667.5
1385.0
Jan 2, 2008
Jul 11, 2016
900
600
300
0
Volume (’mil)
FBM KLCI futures
CONTRACT
SETTLEMENT
CHANGE
HIGH
LOW
JUN 16
JULY 16
SEP 16
1,656.00
1,651.00
1,645.50
13.00
11.00
11.00
1,659.00
1,655.00
1,649.50
1,651.00
1,648.50
1,643.00
KLCI
POINTS
CHANGE
(RM)
CLOSE
(RM)
VOLUME
('000)
2.00
1.56
1.07
0.93
0.75
0.74
0.46
0.43
0.42
0.36
0.29
0.28
0.26
0.25
0.18
-0.65
9.33
0.00
9.33
0.160
0.250
0.100
0.070
0.080
0.100
0.140
0.220
0.040
0.120
0.080
0.580
0.160
0.050
0.100
-0.340
6.090
8.220
4.380
6.630
14.180
7.400
22.340
16.440
7.450
7.760
13.260
55.000
23.600
4.410
23.300
14.960
4515.0
5349.0
3854.9
6770.0
8954.1
3854.3
808.5
838.9
3746.7
283.1
604.2
450.9
234.2
1730.0
1089.9
289.8
FBM KLCI sensitivity*
MAXIS
GENTING
IOI CORPORATION
PETRONAS CHEMICAL
TENAGA NASIONAL BERHAD
MISC
PETRONAS GAS
PPB GROUP
SIME DARBY
KLCC PROPERTY REIT
HONG LEONG BANK
BRITISH AMERICAN TOBACCO
PETRONAS DAGANG
AMMB HOLDINGS
K.LUMPUR KEPONG
HONG LEONG FINANCE
SUB-TOTAL
OTHERS
GRAND TOTAL
* How stock price changes affected the index on the previous trading day
11.87
4.50
STI 2840.93
48.20
RM/USD 4.0250
CPO RM2358.00
35.00
OIL US$50.18
0.43
GOLD US$1320.60
6.30
PP 9974/08/2013 (032820)
FRIDAY JULY 1, 2016 ISSUE 2200/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
EVERY
FRIDAY!
Peter Bellew
Khazanah picks COO to replace
Mueller as airline chief
4 HOME BUSINESS
Get your free copy of
The Edge Property
pull-out inside.
CHANGE
(%)
PRICE
(RM)
PE
RATIO
DIVIDEND
YIELD (%)
154,513.8
85,766.2
38,594.1
33,990.1
31,838.2
30,184.1
29,533.5
24,935.6
24,824.4
24,289.1
23,433.1
22,790.6
21,930.7
21,814.2
20,892.7
20,701.1
18,822.0
17,493.0
17,207.5
16,770.4
UNCH
UNCH
0.025
-0.080
0.015
0.015
0.040
UNCH
0.040
0.005
0.005
0.005
-0.040
0.005
0.010
UNCH
0.075
0.010
UNCH
-0.005
UNCH
UNCH
35.71
-4.28
10.71
6.25
1.54
UNCH
17.78
6.25
3.03
2.38
-47.06
2.44
2.63
UNCH
136.36
3.92
UNCH
-20.00
0.185
0.110
0.095
1.790
0.155
0.255
2.630
0.020
0.265
0.085
0.170
0.215
0.045
0.210
0.390
0.060
0.130
0.265
0.010
0.020
24.03
—
—
38.88
—
16.55
5.69
—
—
—
16.02
10.55
—
—
—
—
—
—
—
—
0.00
0.00
0.00
0.64
0.00
0.00
1.54
0.00
0.00
0.00
0.00
4.57
0.00
1.46
0.00
0.00
0.00
0.00
0.00
0.00
CLOSE
CHANGE
(RM)
55.000
14.700
3.190
76.960
8.220
17.040
5.620
16.440
12.860
26.200
8.000
1.380
0.580
0.500
0.390
0.260
0.250
0.240
0.240
0.220
0.220
0.200
0.200
0.160
0.020
0.015
0.015
0.015
0.055
0.095
0.020
0.020
0.025
0.025
100.00
50.00
50.00
50.00
37.50
35.71
33.33
33.33
25.00
25.00
DOWN
DLADY
HLFG
HSI-H57
PANAMY
HSI-H51
HSI-H27
HSI-H39
HSI-H45
HSI-H33
HSI-H43
PESTECH
SHANG
CLOSE
CHANGE
(RM)
59.500
14.960
1.250
29.680
0.825
0.210
0.620
0.995
0.335
0.620
6.500
5.150
-1.800
-0.340
-0.160
-0.140
-0.135
-0.110
-0.110
-0.105
-0.100
-0.100
-0.100
-0.100
0.015
0.020
0.005
0.005
0.005
0.005
0.010
0.045
0.070
0.115
-57.14
-55.56
-50.00
-50.00
-50.00
-50.00
-50.00
-47.06
-46.15
-43.90
KUALA LUMPUR: The FBM KLCI climbed 9.33 points or 0.6%
to 1,653.87 yesterday, tracking Japan’s Nikkei 225’s 3.98%
jump after Japan’s ruling coalition won the parliament’s
Upper House election.
The win led to expectation of fiscal stimulus for Japan’s
economy. World share markets also reacted to better-thanexpected US jobs report.
Across Asian share markets, Hong Kong’s Hang Seng
Index rose 1.54%, while South Korea’s Kospi gained 1.3%. Top gainers and losers (ranked by percentage)
Reuters reported that Asian shares enjoyed a relief
UP
CHANGE
DOWN
CHANGE
rally yesterday as upbeat US jobs data soothed immediate
CLOSE
(%)
CLOSE
(%)
concerns about the health of the world’s largest economy,
SOLUTN-WA
0.130
136.36
HSI-HZ
0.005
-75.00
while the prospect of more policy stimulus helped keep
0.010 100.00
SUPERMX-C5
0.005 -75.00
sovereign yields near record lows. US job creation in June MAYBANKC17
GASMSIA-CT
0.020 100.00
ECOWLD-CC
0.015 -57.14
was much stronger than expected, increasing by 287,000 and INIX-WA
0.015
50.00
JTIASA-CJ
0.020 -55.56
easing fears that the US labour market may be faltering.
TESLA-C2
0.015
50.00
MYEG-CU
0.005 -50.00
Areca Capital Sdn Bhd chief executive officer Danny DIALOG-C5
0.015
50.00
FBMKLCI-H43
0.005 -50.00
0.055
37.50
JTIASA-CI
0.005 -50.00
Wong Teck Meng told theedgemarkets.com that the share CONNECT-WA
HSI-C21
0.095
35.71
SKPETROC24
0.005 -50.00
market was recovering from an oversold backdrop.
0.020
33.33
FGV-C6
0.010 -50.00
“There is an absence of selling pressure today. European KBUNAI-WC
XINQUAN-WA
0.020
33.33
HSI-H25
0.045 -47.06
market is uncertain, US is data driven,” Wong said.
IDMENSN-WA
0.025
25.00
MYEG-CS
0.070 -46.15
Across Bursa Malaysia, there were 439 gainers versus ARMADA-C9
0.025
25.00
TOPGLOV-C7
0.115 -43.90
327 decliners. Share trading volume was 1.61 billion worth
Top gainers and losers - warrants (ranked by percentage)
RM1.6 billion.
Top gainer was British American Tobacco (M) Bhd, while
UP
CHANGE
DOWN
CHANGE
Dutch Lady Milk Industries Bhd was the biggest decliner. —
CLOSE
(%)
CLOSE
(%)
by Chester Tay
SOLUTN-WA
0.130 136.36
HSI-HZ
0.005 -75.00
MAYBANKC17
0.010 100.00
SUPERMX-C5
0.005 -75.00
World equity indices
DOW JONES
S&P 500
NASDAQ 100
FTSE 100
AUSTRALIA
CHINA
HONG KONG
INDIA
I want an edge!
FBM KLCI 1654.08
CHANGE
(RM)
Top gainers and losers (ranked by RM)
BAT
CARLSBG
BSTEAD
NESTLE
GENTING
HEIM
UMW
PPB
SCIENTX
F&N
LAFMSIA
HSI-C26
1102.5
820.0
BORNOIL
BORNOIL-WC
HSI-C21
MYEG
VIVOCOM-WB
VIVOCOM
AIRASIA
DNEX-OR
HSI-C30
TRIVE
SANICHI
DNEX
HSI-H25
HIAPTEK
AAX
HWGB
SOLUTN-WA
AAX-WA
HUBLINE
NETX-WB
TURNOVER
(‘000)
UP
FBM KLCI up on Japan
election, US job data
1,638.53
250.86
Market movers
UNUSUAL MARKET ACTIVITIES
FBM KLCI & KLCI futures intraday
DOW JONES 18,146.74
316.33
CLOSE
CHANGE
18,146.74
2,129.90
4,528.36
6,590.64
5,337.11
2,994.92
20,880.50
27,626.69
250.86
32.00
68.78
56.85
106.57
6.82
316.33
499.79
INDONESIA
JAPAN
KOREA
PHILIPPINES
SINGAPORE
TAIWAN
THAILAND
VIETNAM
CLOSE
CHANGE
5,069.02
15,708.82
1,988.54
7,865.27
2,876.14
8,786.47
1,468.39
652.26
97.44
601.84
25.44
93.75
29.10
145.56
12.74
-6.42
Email: hotline@bizedge.com
Fax: (03) 7721 8282
GASMSIA-CT
INIX-WA
TESLA-C2
DIALOG-C5
CONNECT-WA
HSI-C21
KBUNAI-WC
XINQUAN-WA
IDMENSN-WA
ARMADA-C9
ECOWLD-CC
JTIASA-CJ
MYEG-CU
FBMKLCI-H43
JTIASA-CI
SKPETROC24
FGV-C6
HSI-H25
MYEG-CS
TOPGLOV-C7
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2
Salcon ventures
into Australia with
planned A$230m
residential project
Civil servants’
wages exceeded
budget in
2015
— World Bank
5 HOME BUSINESS
Johan Abdullah
assumes role as
Tabung Haji’s
new chief
6 HOME BUSINESS
Bursa ends 1H16
flat after short-lived
optimism
13 HOME
It has been the trend for three consecuti
consecutive
ive years
in Malaysia and the excess gap is widening.
Ahmad Naqib Idris has the story on Page 5.
Guan Eng pleads not
guilty in graft case
Delivery address
Tel no.
Mobile no.
Fax no.
Email address
16 COMMENT
Indonesian banks’
double amnesty
‘Steel King’ to hand over
reins to China partner?
17 WORLD BUSINESS
Soros says Brexit
has ‘unleashed’
financial crisis
Tan Sri William Cheng
Contact no.
4 HOME BUSINESS
)'
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Transcription

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