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Transcription

FBM KLCI 1651.44
21.28
KLCI FUTURES 1642.00
20.50
STI 2811.20
27.32
RM/USD 3.9270
CPO RM2538.00
55.00
OIL US$45.52
0.31
GOLD US$1295.60
0.20
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)
WEDNESDAY MAY 4, 2016 ISSUE 2159/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
www.theedgemarkets.com
ANZ makes A$260m impairment
on AmBank stake 4 H O M E B U S I N E S S
5 HOME BUSINESS
PHOTO BY SHAHRIN YAHYA
Malaysia Airlines,
APS to establish
MRO centre for
propellers at KLIA
6 HOME BUSINESS
Nikkei Malaysian
PMI falls to lowest
in five months
51.1
points
47.1
points
April 30, 2016
May 31, 2013
7 HOME BUSINESS
Foreigners turn net
sellers of Malaysian
equities
s the
'
t
i
,
y
l
s
Seriou
Y
L
N
O
rtal
o
p
y
t
r
propeou need
y
13 H O M E
Early voting goes
smoothly in
Sarawak polls
14 H O M E
‘Car found in
Hutan Melintang
was torched’
16 F O C U S
Tesla model X P90D
— ready for an
electric lifestyle?
EPF: NO
!
t
r
a
NOTICE
sm
e
@
m
of crossodefault
Get
h rty.com
e
p
on 1MDB
sukuk
o
r
P
t
x
e
n
r
ou
y
d
n
i
F
e
g
d
E
e
Th
The provident
provid
dent fund
is awaiting
notice
awaitiingg noti
ice
from
fr
rom ttrustees.
rustees.
Ahmad
A
hmad Naqib
Naq
qib Idris &
q
Christina
Christina Ramani
have the story on
o Page 4.
Datuk
Da
atuuk Shahril
Shahhri
rilil Ri
Ridza Ridzuan
FGV expects withdrawal of RSPO certificates
to have minimal impact on revenue
4 HOME BUSINESS
FBM KLCI 1651.44
21.28
KLCI FUTURES 1642.00
20.50
STI 2811.20
27.32
RM/USD 3.9270
CPO RM2538.00
55.00
OIL US$45.52
0.31
GOLD US$1295.60
0.20
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)
WEDNESDAY MAY 4, 2016 ISSUE 2159/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
5 HOME BUSINESS
PHOTO BY SHAHRIN YAHYA
Malaysia Airlines,
APS to establish
MRO centre for
propellers at KLIA
EPF: NO
NOTICE
of cross default
6 HOME BUSINESS
Nikkei Malaysian
PMI falls to lowest
in five months
51.1
points
ANZ makes A$260m impairment
on AmBank stake 4 H O M E B U S I N E S S
47.1
points
April 30, 2016
May 31, 2013
on 1MDB sukuk
7 HOME BUSINESS
The provident fund
is awaiting notice
from trustees.
Ahmad Naqib Idris &
Christina Ramani
have the story on Page 4.
Foreigners turn net
sellers of Malaysian
equities
13 H O M E
Early voting goes
smoothly in
Sarawak polls
14 H O M E
‘Car found in
Hutan Melintang
was torched’
16 F O C U S
Tesla model X P90D
— ready for an
electric lifestyle?
Datuk Shahril Ridza Ridzuan
FGV expects withdrawal of RSPO certificates
4 HOME BUSINESS
2
WEDN ESDAY M AY 4, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
For breaking news updates go to
ON EDGE T V
Behind the
Story: Petronas
— staying the
course
Australia unveils
economic blueprint
Budget to create jobs and growth in ‘extraordinary times’
by the government’s pledge to live
within its means, offering little in
the way of vote-buying sweeteners
despite the looming July 2 election.
“This is not the time to be splashing money around or increasing
the tax burden on our economy,”
the treasurer added.
BY IAN CHUA
The Edge Communications Sdn Bhd
(266980-X)
Level 3, Menara KLK, No 1 Jalan PJU 7/6,
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Selangor, Malaysia
Publisher and Group CEO Ho Kay Tat
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BUSINESS DEVELOPMENT
Senior Manager Elizabeth Lay
CANBERRA: Australia’s conservative government unveiled an economic blueprint yesterday aimed
at creating jobs and growth in “extraordinary times”, just hours after
the country’s central bank slashed
interest rates to an all-time low.
Stealing the thunder from the
annual budget, the Reserve Bank
of Australia (RBA) cut the cash rate
by a quarter percentage point to
1.75%, citing surprisingly low inflation and uncertainty about the
global outlook.
This year’s spending plan effectively doubles as the launch of an
unofficial election campaign after
Prime Minister Malcolm Turnbull
said he planned to use a political
deadlock to dissolve parliament.
With the polls narrowing, the
government is keen to persuade
voters that it alone can be trusted to
manage an economy hampered by
a once-in-a-century mining downturn and balance public finances
after years of deficits.
See related story on Page 19
Morrison: At such a sensitive time, none
of us can become complacent or make
decisions that could put our successful
transition at risk.
“These are extraordinary times,”
Treasurer Scott Morrison told parliament in his budget speech. “At
such a sensitive time, none of us
can become complacent or make
decisions that could put our successful transition at risk. There is
too much at stake.”
As expected, the budget stuck
Morrison spoke just hours after
the RBA cut borrowing costs, after
being caught off guard by weaker-than-expected inflation data last
week that sparked fears of deflation.
The government did promise
to lower the corporate tax rate for
small firms to 27.5% from July, and
broaden the middle-income tax
bracket, so fewer people would be
hit by the second top marginal tax
rate of 37%.
“While these are modest changes to our personal income tax system ... they are affordable. They
are not funded by higher deficits
or higher borrowing,” Morrison
said. — Reuters
Estee Lauder to cut up to 1,200 jobs
NEW YORK: US cosmetics giant
Estee Lauder Cos Inc plans to cut
between 900 and 1,200 jobs in a restructuring plan announced yesterday, as it reported modestly lower
quarterly earnings.
The job cuts, which comprise
about 2.5% of Estee Lauder’s workforce, are part of a restructuring effort to save US$200 million (RM780
million) to US$300 million annually.
Estee Lauder also said it plans to
retrain and redeploy some employees, in part to invest in new products, social media and digital sales.
“Reallocating resources to new
capabilities and higher-growth areas, and lowering our cost base will
regrettably include selective workforce reductions in certain areas of
the company,” said chief executive
officer Fabrizio Freda in a statement.
“We will make difficult decisions
on affected employees with sensitivity, consistent with the values of our
company, and will make a concerted
effort to retrain and redeploy employees wherever possible.” The restructuring is expected to cost Estee
Lauder US$600 million to US$700
million in one-time charges.
Estee Lauder reported a 3% rise
in quarterly revenue, helped by demand for its MAC and Smashbox
make-up brands.
The company’s revenue rose to
US$2.66 billion in the third quarter ended March 31, from US$2.58
billion a year earlier.
Net income attributable to the
company fell to US$265.6 million
from US$272.1 million.
On a per share basis, profit was
unchanged at 71 US cents per share
as the company had a lower share
count in the latest quarter.
Its shares fell 2.7% to US$94.50
in pre-market trade. — AFP
IN BRIEF
Singapore detains
eight Islamic State
Bangladeshis
SINGAPORE: Singapore has detained eight Bangladeshi men
planning to stage terror attacks
in their home country as the Islamic State in Bangladesh (ISB),
the city state said yesterday, the
second group of Bangladeshis investigated in the past six
months. The men, aged 26 to
34, were working in Singapore’s
construction and marine industries, the government said in a
statement. “[The] ISB poses a
security concern to Singapore
because of its support for Isis (Islamic State) and its readiness to
resort to the use of violence overseas,” the home affairs ministry
said. The men were detained in
April under Singapore’s Internal
Security Act, the government
said. — Reuters
‘Oil to stabilise at US$50
to US$60 by end-2016’
DUBAI: The chief executive officer of Kuwait Petroleum International said yesterday he
expected oil prices to stabilise
at between US$50 (RM195)
and US$60 a barrel by the end
of 2016 or early 2017, Kuwait’s
official Kuna news agency reported. It also quoted Bakheet
al-Rashidi as saying prices could
reach US$80 a barrel in three to
four years’ time. Brent crude is
currently at around US$46 a
barrel. “We think this increase
in prices is following the fundamentals of the market,” he told
Kuna. “It is an issue of supply
and demand.” — Reuters
BreadTalk to open
bakery chain in Myanmar
SINGAPORE: BreadTalk and
Myanmar Bakery, a member of
the Myanmar-based real estate
Shwe Taung Group, yesterday
signed a franchise agreement to
establish the BreadTalk bakery
chain in Myanmar. The Business
Times report said Myanmar Bakery will hold the master franchise to develop and operate the
BreadTalk Group-owned lifestyle bakery chain in Myanmar.
It is Myanmar Bakery’s maiden
food and beverage venture in
Myanmar, and BreadTalk’s first
entry into the country.
Leicester City upends ‘size is everything’ mantra
BY GEORGE HAY
LONDON: Leicester City just upended the “size is everything” business mantra. With two games to
go this season and no other team
able to beat its tally, the previously
unfashionable midlands football
team has won the world’s richest
league, claimed by only five clubs
since 1992. The success of a 5000-1
outsider that spent most of the last
decade in lower leagues deserves
to embolden businesses — such
as those in the highly contested financial services sector — that think
they can’t graduate to the next tier.
Most clubs that have managed to
secure the English Premier League
did so largely due to extremely rich
benefactors, who financed the acquisition of the world’s best players.
Leicester has one too — the Srivaddhanaprabha family that runs duty-free enterprises at Thai airports.
But instead of splurging on players, it
steadied the club’s balance sheet first.
In March, Leicester reported the
best financial results in its history — £26 million (RM150 million)
of pre-tax profit on £104 million
of turnover — helped by lucrative
television rights. But a year before
that it had £117 million of net debt.
The owner stepped in by buying
Leicester’s stadium and turning over
£100 million of shareholder loans
into equity, according to the Swiss
Ramble, a football finance blog.
This has proved a smart move.
Next year, Leicester could earn over
£150 million from television rights
alone, helped by an even more lucrative league-wide domestic TV
deal due to kick in soon, and the
tens of millions of extra revenue
from securing a place in next year’s
Champions League, a Europe-wide
tournament for each country’s best
teams. Had it not been promoted to
the Premier League in 2014, it would
be looking at more like £5 million.
The twist is that financial success
has been achieved without ridiculous expenditure on a football team’s
raw materials — players. Leicester’s
wages were only 55% of its turnover
in 2015, one of the lowest in the Premier League, according to the Swiss
Ramble. True, the club has developed
a knack of signing underappreciated
players — such as Riyad Mahrez and
N’golo Kante. But relative financial
solidity helps outbid similarly sized
clubs at home and overseas.
Leicester is already the 24th biggest club in the world by revenue,
according to Deloitte. But its victory is still an unlikely success story.
Many sectors dependent on the high
remuneration of a small pool of top
talent — like investment banks —
only tend to change their pecking
orders when a new entrant uses financial brute force. Leicester’s triumph has been smarter. — Reuters
4 HOME BUSINESS
No notice of cross
default on 1MDB
sukuk — EPF
Provident fund is awaiting notice from trustees
BY A H MA D NAQ I B IDR IS
& C H RI STI NA RAM ANI
KUALA LUMPUR: The Employees
Provident Fund (EPF) has yet to
decide to call for an early redemption of its investment in 1Malaysia
Development Bhd’s (1MDB) RM5
billion sukuk as the trustees have
not deemed there is a cross default
on the debt papers.
EPF chief executive officer Datuk
Shahril Ridza Ridzuan said that the
trustees for 1MDB’s sukuk had not
given any notice to the provident
fund on whether there had been
a cross default on Islamic bonds.
“We’ll just have to wait and see
if the trustees deem that there’s a
cross default and whether they have
to bring the matter to bondholders.
At this point, there’s nothing so far,”
Shahril told the media yesterday after the release of the EPF’s annual
report for 2015.
According to him, the EPF does
not have significant exposure. It has
invested RM200 million in the sukuk.
“Our exposure to 1MDB is very
limited. We have RM200 million
out of the first RM5 billion issuance when it was still known as the
Terengganu Investment Authority.
“That exposure is fully government-guaranteed. We don’t have
a problem with it; we’ve never had
an issue in terms of the servicing of
payments by 1MDB,” he said.
Shahril acknowledged that the
EPF is monitoring the current developments surrounding 1MDB,
noting that there was “quite clearly
a cause for concern”.
“In any event that there are major
problems with 1MDB, the government will step in to cover the debt to
all bondholders,” said Shahril.
He also noted that the EPF was
previously exposed to 1MDB by
virtue of its investment in the latter’s power plants, before the assets
were sold to China General Nuclear
Power Corp.
Asked if the fund is eyeing to
invest in 1MDB’s Bandar Malaysia project, Shahril said not at this
point in time.
“We do look for interesting deals
which can create value for the EPF. At
this point in time, we have not seen
anything yet from that side,” he said.
Going forward, he said the EPF
aims to further expand its domestic investments, especially in infla-
EPF to raise equity-based assets
SOURCE: EPF’S 2015 ANNUAL REPORT
BY C H RI STI NA RAM ANI
KUALA LUMPUR: The Employees
Provident Fund (EPF) is looking at
increasing its equity-based assets
as the provident fund aims to deliver real growth for its members
and investors, said chief executive officer Datuk Shahril Ridza
Ridzuan said.
Shahril said the EPF’s goal is to
ensure its rate of return is above
Malaysia’s annual inflation rate.
“Apart from the 2008 financial
crisis, EPF has always gone above
and beyond our promise of delivery of real returns,” Shahril told the
media yesterday in conjunction
with the launch of the EPF’s 2015
annual report.
EPF deputy chief executive officer (investment) Datuk Mohamad Nasir Ab Latif said in 2015 that
equities made up 59% of EPF’s investment income, although only
44% of its investments were equity-based.
Mohamad Nasir noted that
equities generate higher returns
compared to other assets.
In geographical terms, Shahril
said he expects the EPF to focus
more on domestic investment due
to poorly performing foreign mar-
Strategic asset allocation
by broad asset class
10%
3%
tion-linked assets, including in the
utilities and infrastructure segments.
“We have done a number of
deals in the highway space, waste
management and energy. We were
a big subscriber for Tenaga Nasional Bhd’s new issue [of bonds] to
support the development of new
power plants. We believe there are
opportunities in Malaysia to invest
in, especially for long-term investments,” Shahril commented.
Shahril pointed out that the fund’s
investment in Kwasa Land Sdn Bhd,
which is collaborating with Malaysian
Resources Corp Bhd for the development of the Rubber Research Institute land, as well as its partnership
with Eco World Development Group
Bhd in the Bukit Bintang City Centre
project as strategic moves to expand
its domestic investments.
“We are aiming to do the same
in the future with other developers.
We want to increase our exposure to
real [estate] assets. There are some
advantages to investing in these
assets, as they are inflation-linked
in terms of value and that they are
not subject to such volatile market
price movements, which help for
future planning,” he said.
36%
51%
Fixed Income
Equity
Real estate and infrastructure
Cash
kets, as well as the 26% limit EPF
has on its investment globally.
The EPF’s annual report revealed
52% of its investment income had
come from foreign investment. This
was despite overseas assets constituting 25% of the EPF’s total assets.
BY ME E N A L A K S H A N A
KUALA LUMPUR: Felda Global
Ventures Holdings Bhd (FGV), the
world’s largest producer of crude
palm oil, expects its top line to be
impacted — though minimally — by
its withdrawal of the certificates of
environmentally sustainable operations from 58 of its processing mills.
The group announced yesterday
the immediate withdrawal of the certs
that were granted by the Roundtable on Sustainable Palm Oil (RSPO),
specifically the RSPO principles and
criteria certificates, confirming a report published by The Edge Financial
Daily on the same day.
In a statement, FGV group president and chief executive officer
Datuk Zakaria Arshad said the withdrawal will affect less than 1% of
FGV’s revenue. “Based on recent
developments in the sustainability
arena, we foresee some potential
risks in our supply chain.
“Therefore, we intend to make
some structural changes in our RSPO
certification approach and also review certain policies. This exercise
only affects the upstream mills and
does not affect FGV’s RSPO supply
chain certification system certificate
of our kernel crushing plants and
downstream refineries,” he said in
a statement.
He said FGV will recertify its mills
in three years, and smallholders will
benefit “immensely” from the best
sustainable practices the group will
put in place. “Being part of Felda
Group, FGV will be relentless in
paving the way for the smallholders to come together on this sustainability journey as FGV’s supply
base includes 102,100 smallholders’
plantations under the Felda (Federal Land Development Authority)
16
ay 3, 20
ack: M
Flashb
settlers scheme,” he added.
Public relations and media management general manager Ariff Ahmad Yeop said FGV serves some of
the same clients that IOI Corp Bhd
has. “The impact on IOI Corp was
not a lot (after its RSPO certification
suspension), and we are looking at
the same picture because the premium for certified palm oil is about
US$25 (RM98) per tonne, and the
volume we ship out to Europe is
little,” he told The Edge Financial
Daily when contacted.
The daily, citing a document it
sighted, reported FGV had put in
the withdrawal request for its RSPO
principles and criteria certificates
for 58 out of 71 of its palm oil mills
in Malaysia, and that the withdrawal
would take effect yesterday.
FGV, like IOI Corp, is one of the
founding members of RSPO. It has a
land bank of around 431,622ha, which
includes 353,260ha under land lease
agreement with Felda smallholders.
Ariff said FGV — which abides by
a “no peat, no deforestation agenda”
— has “certain issues” with some of
its mills that need to be addressed.
“[Certain mills] are a bit more
difficult to certify because there are
some ongoing issues. So rather than
having RSPO tell us … like what happened to IOI Corp, it’s better for us
to withdraw first, take care of things,
and then recertify,” he said.
ANZ makes A$260m
impairment on AmBank stake
BY C HO NG J I N HU N
Broad
asset
class
FGV expects RSPO cert withdrawal
KUALA LUMPUR: Australia and
New Zealand Banking Group Ltd
(ANZ), the single largest shareholder of AMMB Holdings Bhd (AmBank), has made an impairment
charge of A$260 million (RM780
million) for its 23.78% stake in the
Malaysian banking group.
“During 1HFY16 (first financial
half ended March 31, 2016), the
group recognised a A$260 million
impairment to its equity accounted investment in AMMB Holdings
Bhd, bringing the carrying value in
line with value-in-use calculations,”
ANZ explained in its financial result
announcement to the Australian
Securities Exchange yesterday.
The rather massive impairment
charges raised eyebrows. Some analysts attributed the write-off provision to the fall in AmBank’s share
price, which has shed by roughly
a quarter. The banking stock had
been hovering between RM4 and
AMMB Holdings Bhd
6.5
RM
6.0
5.5
5.0
RM4.48
4.5
4.0
Oct 1, 2014
May 3, 2016
RM4.50 in 1HFY16, compared with
the range of RM6 to RM6.50 in the
previous corresponding period.
The provision is also perceived as
a preparation for ANZ to hive off its
equity stake in AmBank. Speculation is rife that some private equity
funds are keen on the shareholding
held by ANZ.
Based on yesterday’s closing of
RM4.48, ANZ’s stake in AmBank
is valued at RM3.21 billion, which
is about A$1.07 billion. ANZ paid
RM2.58 billion, or an average of
RM3.63 a share, for the stake in
AmBank almost 10 years ago. The
purchase of 716.84 million shares
was transacted in two tranches.
The Employees Provident Fund
is the second-largest shareholder
with a 15.01% stake, followed by
Tan Sri Azman Hashim, holding
12.97%.
Others perceived this might be
an indication of ANZ expecting
some increment on non-performing loan (NPL) provision in AmBank that could result in a dent in
the latter’s earnings.
AmBank is among the few local
banking groups that have yet to
turn aggressive on making provision for NPLs.
The impairment charge of A$260
million is equivalent to about 8%
of ANZ’s statutory profit after tax of
A$2.74 billion in 1HFY16.
HOME BUSINESS 5
W E D N E SDAY MAY 4 , 2016 • T HEED G E FINA NCIA L DA ILY
Malaysia Airlines, APS set up MRO centre
Facility can overhaul and service up to 370 planes by second half of 2017
NewCo to take listing
status after Nationwide’s
internal restructuring
BY SANGEETHA AMARTHALINGAM
Malaysia Airlines’ turnaround
plan hit a bump after the surprise
resignation of its chief executive officer (CEO) Christoph Mueller on
April 20, one year before the end of
his three-year contract. The carrier is
now on the hunt for a new CEO, and
says it is considering both internal
and external candidates.
Bellew said Malaysia Airlines
needs to continue its effort to grow
sales, which are improving “rapidly”.
“We need to improve our sales.
That is part of what we are doing
right now and things are improving
quite rapidly. A lot of operational
things are coming together quite
well, on-time performance, and we
are getting much better at delivering
bags on time,” he explained.
“Our aircraft are going through [a]
massive process of refurbishment. We
are also doing a complete overhaul
of our Airbus A330 fleet,” he added.
Meanwhile, Bellew said Malaysia
Airlines will spend between RM4
million and RM8 million to upgrade
its hangars in Kota Kinabalu, Miri
and Kuching airports over the next
two years.
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KUALA LUMPUR: Nationwide
Express Courier Services Bhd
(NECSB) is planning an internal
reorganisation involving the exchange of all its shares with a new
investment holding company’s,
Nationwide Express Holdings
Sdn Bhd (NewCo).
The NewCo will then be listed
on the Main Market of Bursa Malaysia, replacing NECSB, whose
listing will be withdrawn, NECSB
said in a bourse filing yesterday.
To effect the proposed reorganisation, NECSB and NewCo
will enter into a share exchange
agreement involving 60.1 million of RM1 NECSB shares with
120.2 million new shares of 50
sen apiece in the NewCo, it said,
whereupon NECSB will become a
wholly-owned unit of the NewCo.
Under the deal, NECSB shareholders, at the entitlement date,
will exchange their shares with
new NewCo shares on the basis of
two new NewCo shares for every
one NECSB share held.
The issue price of the new
NewCo shares will be determined
based on the par value of the
NewCo shares of 50 sen.
As at April 27, NECSB has an
issued and fully paid-up share
capital of RM60.1 million comprising 60.1 million NECSB shares.
“The existing NewCo shares
will continue to be held by the
existing shareholders of NewCo, namely directors and shareholders Izman Ismi and Harani
Khalid,” it said.
The creation of a separate listed entity would enable the NewCo to achieve ease and flexibility
in its expansion to new business
segments.
NewCo would also be able to
acquire or expand to new businesses or explore investment opportunities that can be assumed
separately from NECSB and other
subsidiaries’ operational activities.
“The new corporate structure
will also enable the business operations of the NECSB Group to
be streamlined under NewCo.
“The segregation of the business divisions upon completion
of the proposed internal reorganisation, will provide greater
flexibility for the board of NewCo
to manage its operations more
effectively,” NECSB said.
The proposed exercise is expected to be completed in the
fourth quarter of calendar year
2016.
NECSB and its subsidiaries are
involved in express courier services, trucking services, freight
forwarding, customised logistics
services, mailroom management
services, retail and warehousing.
The group is owned by BHR
Enterprise Sdn Bhd (54.8%) and
45.2% by other shareholders. Its
shares were not traded yesterday.
of ATRs within Asia-Pacific, allowing operators faster response time
at lower logistics costs,” said Bellew.
He noted that the MRO centre
forms part of Malaysia Airlines’ effort to rejuvenate the loss-making
national carrier and grow it further.
“We can fix Malaysia Airlines. I
have been here [for] eight months,
and I have never a moment doubt
this,” said Bellew.
“Just apart from fixing it, we have
to grow [the airline] after that and this
(MRO centre for turboprops) is a great
opportunity to do that,” he added.
TS
KUALA LUMPUR: US-based
Aircraft Propeller Service LLC
(APS), which repairs and overhauls major propeller components for aircraft, is opening a
new maintenance, repair and
overhaul (MRO) centre at the
Kuala Lumpur International Airport in Sepang to serve the growing ATR fleet in Asia-Pacific.
The facility, the first in
Asia-Pacific, will have the potential to overhaul and service
up to 370 ATRs that are already
operating in the region once it
is open to third-party airlines by
the second half of 2017.
Malaysia Airlines Bhd chief
operations officer and executive
director Peter Bellew said APS
is teaming up with the national
carrier, which is one of the largest ATR turboprop customers
in Asia-Pacific, to operate the
facility here.
He said Malaysia Airlines will
allocate RM16 million on the proposed centre, which is expected to
be operational by August this year.
He added that the partnership
with APS will be a long-term one
that could last for the next decade.
“The facility will initially serve
the ATR fleet under Malaysia Airlines, via its subsidiaries Firefly
and MASwings. It will be open to
third-party airline customers by
the second half of 2017,” Bellew
told a media briefing yesterday.
Malaysia Airlines owned 29
ATRs as at end-2015, and has
another eight ATR 72-600s on
order. Another big ATR operator
in Malaysia is Malindo Air with
a fleet of 11 ATRs as of Dec 31,
2015, whose major Indonesian
shareholder Lion Group is the
world’s largest ATR customer.
According to French-Italian
turboprop manufacturer ATR’s
website, the Asia-Pacific region
accounts for nearly 40% of the
sales of its ATR -600 series aircraft. Today, more than 300 ATR
aircraft are operated by Asia-Pacific carriers, while there are another 100 on order.
“The centre is expected to
have the full capability of repairing propeller blades on majority
ELI
BY C H ESTER TAY
D PO
Lorong Universiti A, 59100 Kuala Lumpur, Malaysia.
6 HOME BUSINESS
Nikkei Malaysian PMI falls
to lowest in five months
As new orders decline at quickest rate since December
BY SA NGEETHA AM ARTHALINGAM
KUALA LUMPUR: The headline
Nikkei Malaysian manufacturing
purchasing managers’ index (PMI)
for April dipped to 47.1, down from
48.4 in March, as operating conditions worsened at the sharpest pace
in the manufacturing sector since
last November.
A joint statement by Nikkei Inc
and Markit Economics Ltd revealed
that new orders have “declined at the
fastest rate in 2016 so far”, leading to
a sharper decrease in production,
with April being the lowest in five
months.
“As a result, manufacturers cut
back on input buying as well as employment. International demand
also softened in April, with new export orders increasing only slightly,”
the statement read.
In fact, input buying decreased
at the most marked rate since the
survey began in July 2012, and falls
Nikkei PMI
Points
54
52
50
48
46
1,472.95
May 31, 2013
47.1
April 30, 2016
in buying activity were attributed by
panellists to both reduced demand
and lower production requirements.
Meanwhile, reports of higher raw
material costs stemming from the
weakness of the ringgit against the
US dollar led to greater cost burdens in April.
The headline Nikkei Manufacturing PMI is a composite single-figure
indicator of manufacturing performance and is derived from indicators for new orders, output, employment, suppliers’ delivery times
and stocks of purchases. Any figure
above 50 indicates overall improvement of sector operating conditions.
The overall deterioration last
month was reflected in all five components, which make up the headline PMI reading, as production by
Malaysian goods producers contracted at the sharpest rate since last
November, contributed by a drop
in demand and unstable economic
conditions.
New work intakes declined at the
quickest rate since December 2015,
the statement read. “Data suggested that a fall in domestic demand
led to a further contraction in total
new orders,” it noted.
“Consequently, manufacturers
shed some of their staff, reversing
the increase seen in the previous
month. Although modest, the rate
of job shedding was quicker than
the average seen over 2016 so far.
“A sharp decline in new orders led
to less pressure on manufacturing
capacity, as volumes of unfinished
work were depleted. In fact, the rate of
contraction was the quickest in nearly two-and-a-half years,” they said.
Markit economist Amy Brownbill
said the start of the second quarter
of 2016 showed worsening signs in
the manufacturing sector shedding.
“Operating conditions deteriorated to the greatest extent since last
November, led by sharper declines
in both new orders and production.
Meanwhile, growth in international
demand eased and was only marginal overall.
“Consequently, manufacturers
shed some of their workers for the
second time this year, suggesting
firms remain uncertain towards
the outlook.”
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theedgemarkets.com
Press Metal’s 1Q
earnings more
than double to
RM94.56m
BY GHO C H EE Y UAN
KUALA LUMPUR: Press Metal Bhd’s
net profit more than doubled to
RM94.56 million or 7.28 sen a share
for the first financial quarter ended March 31, 2016 (1QFY16), from
RM43.14 million or 3.58 sen a share
a year ago, on higher production
output, lower finance cost and insurance claims.
Revenue for 1QFY16 was up
21.7% to RM1.29 billion, from
RM1.06 billion in 1QFY15, underpinned by the additional output by
its Samalaju new phase, which has
been commissioned progressively.
Press Metal also declared a
first interim dividend of three sen
per share for FY16, amounting to
RM38.97 million, payable on May 31.
In a bourse filing, Press Metal said
the pre-tax profit also included the
second interim insurance claim of
RM50 million in relation to the fire
incident that occurred at its Samalaju Smelter in May 2015.
Going forward, Press Metal noted prices of all commodities have
recovered from their lows, including aluminium, in the last couple
of months.
Press Metal expects to achieve
satisfactory results for this financial year.
Kimlun wins RM166m Rumah Selangorku construction job
BY CHESTE R TAY
KUALA LUMPUR: Kimlun Corp
Bhd has won a construction contract worth RM165.82 million to build
affordable apartments in Selangor.
In a bourse filing yesterday, the
construction outfit said its wholly-owned subsidiary — Kimlun
Sdn Bhd — had accepted the letter of award from Hillcrest Gardens
Sdn Bhd for the construction of five
blocks of Rumah Selangorku affordable apartments in Mukim Petaling,
Selangor.
The job is expected to be completed by April 2019.
Kimlun said the project is expected to contribute positively to its earnings and net assets for the financial
years during the contracted period.
According to Hillcrest Gardens’
website, its core business activity is
property development, and its princi-
pal shareholders are the Armed Forces Fund Board and the Kuok Group.
The property developer has completed two township developments
before this, namely the 600-acre
(243ha) Taman Puchong Utama in
Puchong, Selangor; and the 523-acre
Seri Gombak in Batu Caves, Selangor.
Kimlun Corp fell three sen or
1.7% to RM1.73 yesterday, giving it
a market capitalisation of RM519.94
million.
Ho Hup bags RM58m West Coast Expressway subcontract
BY AHM AD NAQI B I DRI S
KUALA LUMPUR: Ho Hup Construction Co Bhd has won a RM58 million
subcontract to undertake structures
and bridge works in Perak, which are
part of the West Coast Expressway.
In a bourse filing, Ho Hup said
the job was awarded by Menuju Asas
Sdn Bhd, the main contractor of the
Malaysian Public Works Department. The subcontract is for a duration of approximately 24 months,
commencing May 9, 2016.
“Under the scope of work, Ho
Hup shall be responsible for all temporary works, piling works, substructure, superstructure and miscella-
neous works related to the bridges,”
said the company.
It expects the subcontract to contribute positively to its earnings for
the financial years ending Dec 31,
2016, 2017 and 2018.
Ho Hup fell three sen or 3.45% to
84 sen yesterday, giving it a market
capitalisation of RM292.59 million.
Azhar Abdul Hamid is Malakoff ’s new group MD
BY CHEN SHAUA FU I
KUALA LUMPUR: Malakoff Corp
Bhd, a subsidiary of MMC Corp Bhd,
announced that Datuk Wira Azhar
Abdul Hamid had been appointed
its new group managing director
(MD), effective yesterday.
The appointment follows the resignation of Datuk Seri Syed Faisal Albar
as chief executive in December 2015.
Azhar is now the chairman of
Tradewinds Corp Bhd, after he relinquished his position as the president/group MD, Malakoff said in a
statement. Prior to that, he was with
Mass Rapid Transit Corp Sdn Bhd
as its chief executive officer from
2011 until 2014.
Currently, he also holds director-
ships in ICON Offshore Bhd, Hume
Industries Bhd, Hong Leong Bank
Bhd and Tradewinds. Azhar is also
a fellow member of the Association
of Chartered Certified Accountants
and a member of the Malaysian Institute of Accountants.
Malakoff closed flat at RM1.64
yesterday, with a market capitalisation of RM8.2 billion.
Kuan: We have strategically mapped
out our capacity expansion to grow in
stages, in tandem with market demand.
Hartalega’s
4Q net profit
grows 12%,
pays two sen
dividend
BY G H O C H E E Y UA N
KUALA LUMPUR: Hartalega Holdings Bhd’s net profit for the fourth
financial quarter ended March 31,
2016 gained 12.3% to RM61.72 million from RM54.97 million a year
earlier, driven by its continued capacity expansion.
Quarterly revenue ballooned 31%
to RM400.43 million, from RM305.11
million a year ago, its bourse filing
showed.
The world’s largest synthetic
glove manufacturer also declared
a third interim dividend of two sen
per share, payable on June 23. This
brings the full-year dividend to eight
sen per share.
For the financial year 2016 (FY16)
ended March 31, 2016, its net profit
was up 22.8% to RM257.6 million,
from RM209.73 million in FY15.
Cumulative revenue jumped
36.4% to RM1.5 billion, from RM1.1
billion.
Hartalega managing director
Kuan Mun Leong said the group
had increased its production capacity significantly, having successfully
completed Plant 1 and 2 of the Next
Generation Glove Manufacturing
Complex (NGC).
Hence, despite heightened competition and pricing pressures, given the robust global demand, it is
confident of tapping into the strong
prospects for nitrile gloves, Kuan
said in a statement yesterday.
Hartalega is also well positioned
to capitalise on opportunities in
emerging markets such as China
and India, where consumption per
capita is relatively low, he noted.
“As the NGC progresses with construction of Plant 3 and 4, we will
continue to unlock potential for the
group. We have strategically mapped
out our capacity expansion to grow
in stages, in tandem with market
demand,” he said.
Aside from boosting capacity,
Kuan said the group is also increasing efficiencies and productivity via
innovation and technology.
“With these proactive efforts in
place, we are confident [that] we will
be able to maintain our leadership
position in the nitrile glove segment
and deliver growth in the coming
financial year,” he concluded.
HOME BUSINESS 7
LBS Bina
expects sales
cancellation
rate of 30%
this year
Foreigners turn net sellers
of Malaysian equities
BY Y I MI E YON G
KUALA LUMPUR: Property
developer LBS Bina Group
Bhd expects 30% of its overall
project sales to be cancelled
this year — the same ratio it
saw last year — due mostly to
buyers failing to obtain loans
following cooling measures for
the property market that were
introduced by the central bank.
“We used to have [a] 15% to
20% [cancellation rate]. Last
year, it was 30%; I think this year
will continue to be about 30%,”
LBS Bina managing director Tan
Sri Lim Hock San told reporters
after launching the first phase
of the largest integrated development in Brinchang, Cameron
Highlands — the Cameron Centrum Precinct 1 — yesterday.
“Last year, we were supposed
to sell RM1.5 billion [worth of
properties], [but we saw a] cancellation of about RM500 million, which was about 30%,” he
explained.
LBS Bina achieved total sales of
RM1.029 billion last year, up 60%
from 2014. This year, it is looking
to launch RM1.95 billion worth of
properties, a mix of high-rise and
landed residential and commercial developments, mainly in its
township, Bandar Saujana Putra,
and the Klang Valley.
The group’s unbilled sales
currently stand at RM1.16 billion, while its land bank stands
at 2,530 acres (1,024ha). Year
to date, the group’s total sales
stand at RM270 million.
“Unless Bank Negara [Malaysia] revises the lending guidelines, the situation should remain the same,” Lim noted.
He pointed out that the property market is not as bad, but
not so vibrant like it used to be.
Still, LBS Bina is confident of remaining on track to achieve its
next target of a 20% increment
in total sales this year of RM1.2
billion, he added.
This is because the company
intends to focus more on the
affordable range of between
RM400,000 and RM500,000,
and properties in the affordable
range are still selling, said Lim.
High-end properties, on the
other hand, have been “greatly
affected”, he said.
“It depends on [the] products
and location,” he added.
Meanwhile, its newly
launched Cameron Centrum
Precinct 1 is the first phase of
its RM2 billion development in
Brinchang. The project comprises 58 commercial units with an
estimated gross development
value of RM183 million.
Lim expects the commercial
units to be sold out within the
year, and start contributing to
the group next year.
Shares in LBS Bina closed
unchanged at RM1.59 yesterday, valuing the group at
RM892.22 million.
Net disposal of RM430.8m last week reduced cumulative YTD net inflow to RM6b
BY CHEN SHAUA FU I
KUALA LUMPUR: Foreign investors
became net sellers of Malaysian
shares last week, with a net disposal of about RM430.8 million worth
of equities, ending 10 consecutive
weeks of equity buying.
MIDF Amanah Investment Bank
Bhd research head Zulkifli Hamzah
wrote in his weekly fund flow report
yesterday that foreigners added
only RM433.9 million worth of Malaysian stocks into their portfolios,
after investing a whopping RM6.08
billion in March.
“The writings had been on the
wall and the buying inevitably came
to an end. After 10 consecutive
weeks [of] mopping up shares listed
on Bursa [Malaysia], foreign inves-
tors turned net sellers last week.
“The amount sold was RM430.8
million net, the second lowest out of
only five weeks that net sale had been
recorded this year,” he said, adding
that the amount was estimated based
on transactions in the open market
and excluded off-market deals.
He also noted that foreigners
bought RM2.09 billion worth of
shares last week, and sold RM2.52
billion in return.
“Last week did not begin on an
auspicious note. Foreigners were still
buying on Monday, albeit in moderate amount[s]. However, the trend
reversed abruptly on Tuesday, as
foreigners sold RM220 million, the
highest since Jan 21, and only the
fifth day that the attrition exceeded
RM200 million this year,” he said.
He also noted that last week’s
foreign withdrawal reduced the cumulative year-to-date net inflow to
RM6 billion.
“There is still a lot of ground to
make up after the RM19.5 billion
net outflow for the entire 2015, and
RM6.9 billion in 2014,” he added.
The sudden selling last week lifted the foreign participation rate by
8.8%, while the average daily value of
shares traded rose to RM924 million,
from RM850 million the week before.
Local funds, meanwhile, remained net sellers, offloading
RM104.6 million last week, though
participation “remained lively”, with
the average value traded rising to
RM2.2 billion, the eighth straight
week that it exceeded RM2 billion,
noted Zulkifli.
Regionally, Zulkifli said fatigue
hit global liquidity flows to Asia last
week, as the estimated foreign inflow
to the seven markets — South Korea,
Taiwan, India, Malaysia, Thailand, Indonesia and the Philippines — that
MIDF tracks plunged to only US$35
million (RM136.5 million) as investors
classifed as “foreign” hit the brake on
the purchase of Asian equities.
“The inflexion point can be
tracked to [last] Thursday, arguably due to Japan’s BoJ (Bank of Japan) inaction. Amid the negative
sentiment, foreigners continued
to favour [South] Korea over other
Asian markets,” he noted, adding
that the purchase magnitude, however, had tapered to US$259 million
as a persistent decline in exports
weighed on investor sentiment.
Kulim to be delisted by third quarter of 2016
BY AHM AD NAQI B I DRI S
KUALA LUMPUR: Kulim (M) Bhd
has received the greenlight from its
shareholders for the delisting of the
company from the Main Market of
Bursa Malaysia.
In a statement, Kulim said 99.59%
of its shareholders had, in an extraordinary general meeting yesterday, voted in favour of Johor Corp’s
proposed selective capital reduction
and repayment exercise to facilitate
the privatisation of the company.
The delisting exercise is expected to be completed by the third
quarter of 2016.
“RM4.10 is a reasonable offer, pro-
viding Kulim shareholders the opportunity to realise their investment with
a good return,” said Kulim chairman
Datuk Kamaruzzaman Abu Kassim.
Over the past year, the counter
has been trading between RM2.46
and RM3.49 prior to the offer.
“Moving forward, with a moderate economic growth rate as indicated by Bank Negara Malaysia,
we are cognisant of the external factors that will continue to adversely
impact our business performance,
posing a challenge to the group to
maintain its growth momentum.
“As a public-listed entity, substantial capital required to grow both
our existing and new businesses may
potentially strain the cash flow position and could impair the group.
This privatisation will give the group
flexibility to decide and act as it recalibrates its business transformation,” said Kamaruzzaman.
He said the divestment of New
Britain Palm Oil Ltd (NBPOL) had
significantly decreased its hectarage of plantation land bank,
adding that NBPOL contributed
to about 60% of the group’s revenue
over the past two years.
“While the group had expanded
into Indonesian plantations, it would
take a long time before this operation
is able to contribute to the group’s
revenue, as the initial phase will incur
additional capital expenditure and
operating expenses in developing
the land bank,” he said.
He also noted that the outlook for
Malaysian plantations remains challenging going forward, as margins
declined to 11% in 2015, compared
with 29% in 2011, in line with fluctuations in global crude palm oil prices.
Meanwhile, Kulim’s venture into
the oil exploration business may take
a while before turning into a major
revenue contributor amid a challenging oil and gas industry, he added.
Kulim rose one sen or 0.25% to
close at RM3.97 yesterday, giving it
a market capitalisation of RM5.09
billion.
Local banks told to embrace challenges posed by fintech firms
BY GHO CHEE YUAN
KUALA LUMPUR: Malaysia’s banking industry has been urged to
embrace challenges put forward
by financial technology (fintech)
companies to stay relevant in the
evolving world economy.
“With fintech, people don’t go to
banks anymore and banks have taken on intermediation roles ... [hence]
banks have to work together with
fintech [companies] to see what they
can contribute to the financial market,” said Global Islamic Finance
Forum 2016 (GIFF 5.0) organising
chairman Nazlee Khalifah yesterday.
Citing China as an example, Nazlee said fintech companies there
can raise funds via crowdfunding,
which does not require a banking
licence. This will take away some
potential banking customers.
“But instead of seeing fintech
companies as competitors, we might
(From left)
Rafe, Mustafha,
Nazlee, Yusry
and Muzaffar at
the launching
of the GIFF
5.0 in Kuala
Lumpur
yesterday.
as well see how we can work together [with them] and strengthen our
proposition to customers,” he added.
According to him, some banking
groups have been looking at how to
collaborate with fintech companies.
“The banking industry is a very
highly regulated industry. They have
to embrace technology to ensure
banking is easier for customers. Ultimately, what customers want is fast,
efficient and reliable [service],” he
told reporters after launching the
GIFF 5.0 here. Also present at the
press conference were Bank Rakyat
managing director Datuk Mustafha Abdul Razak, Maybank Islamic
Bhd chief executive officer (CEO)
Datuk Muzaffar Hisham, CIMB Islamic Bank Bhd CEO Rafe Haneef
and Association of Islamic Banking
Institutions Malaysia (AIBIM) exec-
utive director Yusry Yusoff.
The GIFF 5.0 is organised by the
AIBIM, supported by Bank Negara
Malaysia and the Securities Commission Malaysia. The three-day event
will be held at Sasana Kijang, Kuala
Lumpur, from May 10 to May 12.
The organiser hopes to gather
thought leaders, experts from major
institutions and fintech innovators
to share insights, explore new business models and opportunities to
achieve the vision of having a major
presence in the mainstream market.
Nazlee said the forum aims to
spark discussions and ideas around
new business models, new strategies, fintech, enhancing competitiveness and expanding the reach
of Islamic finance.
As at the end of Dec 31, 2015,
Malaysia’s Islamic assets under
management (AUM) totalled
US$17.8 billion, accounting for a
31% share of total global AUM.
8 HOME BUSINESS
Nominations open
for EY Entrepreneur
of the Year award
Winner to represent Malaysia at World EOY in Monte Carlo
BY C H RI STI NA RAM ANI
G
oing into its 15th year,
the Ernst & Young
(EY) Entrepreneur of
the Year (EOY) Malaysia award is now
accepting nomina-
tions.
This year’s theme, “Reshaping our
world; building legacies”, focuses on
the role that entrepreneurs play in
reshaping our world and building
legacies that inspire.
Philip Rao, partner of EY Advisory
Services Sdn Bhd and programme
director of EOY Malaysia, says the
award is an opportunity to hear and
share stories of Malaysian entrepreneurs on a global platform.
“We are confident there are more
outstanding Malaysian entrepreneurs out there whose stories should
be heard, whose contributions
should be recognised and whose
person should be celebrated. Help
us do this by nominating them for
our EOY Malaysia award this year,”
he says in a statement.
Last year’s EOY Malaysia award
winner was Datuk Tan Say Jim of Iris
Corp Bhd. Previous winners include
Tan Sri Francis Yeoh of YTL Corp
Bhd, Tan Sri Tony Fernandes of AirAsia Bhd and Tan Sri Liew Kee Sin of
Eco World Development Group Bhd.
With national, regional and global award programmes in 145 cities
in 60 countries, the EY EOY award
celebrates those who are building
and leading successful, growing and
dynamic businesses.
This year, the programme is celebrating its 30th global anniversary
globally.
The award for entrepreneurs is divided into four categories — Emerging Entrepreneur, Technology Entrepreneur, Woman Entrepreneur and
Master Entrepreneur.
An overall country winner will
be chosen from among the category
winners to represent Malaysia at the
prestigious EY World EOY in Monte
Carlo next year.
Nominees will be assessed by a
panel of judges based on their entre-
>Y[lkYf\Ô_mj]k
The entrepreneurial excellence of
the
EOY Malaysia winners
Combined
revenues o^
YppropimYlely
RM45.5b
;geZaf]\hjgÕlY^l]jlYpg^
RM4.6b
35
Sime Darby Property
celebrates Subang
Jaya’s 40th anniversary
BY Y IMIE YO N G
KUALA LUMPUR: Sime Darby
Property Bhd is capitalising on
social media via digital platforms
like Facebook, Instagram and YouTube, to mark Subang Jaya’s 40th
anniversary celebration.
In a statement, Sime Darby
Property said the social media
campaign is aimed at amplifying
Sime Darby Property’s story of developing sustainable communities
and celebrating lives in Subang
Jaya, an enclave within Selangor’s
Petaling district.
The campaign began in March
this year and would run until June.
“The campaign call-out reached
over 1.6 million users on social media to date that drove comments in
the hundreds, where users shared
their personal stories of Subang
Jaya. These stories were shortlisted
and will be woven into an exclusive
song dedicated to Subang Jaya.
“Through this campaign, Sime
Darby Property will potentially be
the first developer in the world to
produce a crowdsourced music
video for a township that will be
utilising the latest 360-degree technology that gives viewers total immersion from their mobile devices,”
Sime Darby Property said.
Sime Darby Property said it appointed Malaysian artist Joe Flizzow to engage the population of
Subang Jaya to co-create a music video, in conjunction with the
township’s 40th anniversary celebration.
“Subang Jaya is a township often
referred to as the division’s benchmark for other township developments in the country and testimony to our expertise in developing
sustainable townships and beyond.
“The year 2016 marks Subang
Jaya’s 40th anniversary and we
are proud that it has grown into a
thriving and dynamic community,
with a special place in the hearts
of many people,” said Sime Darby
Property managing director Datuk
Jauhari Hamidi.
Sime Darby Property said
Subang Jaya’s story began in 1976,
when Sime UEP Properties Bhd
started developing 583ha of land
there. Upon Subang Jaya’s launch
then, 5,500 residential and retail
units were completed, with an initial population of about 27,000.
Today, it covers a larger area of
the original Subang Jaya township,
USJ and Putra Heights, with a vibrant population of over 700,000.
women]flj]hj]f]mjk
Bursa warns Maxwell, Multi
Sports of share-trade suspension
BY C H O N G J IN H UN
KUALA LUMPUR: Bursa Malaysia
said it would suspend Maxwell International Holdings Bhd and Multi
Sports Holdings Ltd’s share trades
if both companies failed to submit
their latest annual reports by the
regulator’s deadline.
employees
Maxwell manufactures sports
shoes
while Multi Sports produces
combined
sports-shoe soles.
Bursa said in separate statements
yesterday that if Maxwell and Multi
Sports were unable to submit their
annual reports for financial year ended Dec 31, 2015 (FY15) by May 9, both
Top Nominees who have been
companies’ share trades would be
recognized through this programme
suspended the following day until
further notice.
Bursa said: “if a listed issuer
fails to issue the outstanding finanpreneurial spirit, innovation, strateNominations will close on June 17. cial statements within six months
gic direction, financial performance,
For more information on the EY from the expiry of the relevant time
community/global impact and per- EOY award and to submit nomina- frames, in addition to any enforcesonal integrity/influence.
tions, visit www.ey.com/my/eoy.
ment action that Bursa Securities
over
75,000
171
may take; delisting procedures shall
be commenced against such listed
issuer.”
Maxwell said on April 26 that
there would be a delay of up to two
months in releasing its audited financial statements for FY15, as its
external auditor — Baker Tilly Monteiro Heng — would not be able to
complete the group’s audit for FY15
in time for submission to Bursa Securities by April 30.
Multi Sports, meanwhile, announced on April 25 that there would
be a delay of at least two months in
the release of its annual report and
audited statements for FY15, as auditors had to carry out more work
to verify the company’s expenditure
and bank balances.
Maxwell shares closed yesterday
unchanged at 3.5 sen with a market
value of RM13.96 million, while Multi
Sports shares fell one sen or 25% to
three sen with a market capitalisation of RM18.2 million.
Hibiscus cancels proposed acquisition of Hydra Energy
BY SA NGEETHA AM ARTHALINGAM
KUALA LUMPUR: Hibiscus Petroleum Bhd has terminated its proposed
acquisition of Australia-based Hydra
Energy Holdings Pty Ltd (HEH) due
to the non-fulfilment of certain condition precedents.
In a bourse filing yesterday, Hi-
biscus said it received an official reply from HEH on April 29 confirming
that despite both company’s best
efforts to proceed with the proposed
exercise, HEH could not meet the
Nov 9, 2015 term sheet conditions.
As such, the term sheet, dated
Nov 9, 2015 in relation to the proposed acquisition, “is deemed ter-
minated in view of non-fulfilment
of the condition precedents (which
included the parties agreeing and
entering into the sale and purchase
agreement and the approval of the
shareholders of HEH to proceed
with the proposed acquisition)
before April 30, 2016”, Hibiscus’
filing read.
Neither party will be bound by
any future obligations under the
term sheet.
“The breaking fee of US$3.5 million (RM13.65 million) is not payable by Hibiscus as the approval of
HEH’s shareholders was not obtained,” it added.
Nevertheless, Hibiscus reserves
all other rights accruing to it pursuant to the term sheet, and does
not foresee any material financial
impact from the termination of the
term sheet on its earnings or net
assets per share.
Hibiscus fell half a sen to close
at 18.5 sen yesterday, with a market
capitalisation of RM203.9 million.
1 0 P R O P E RT Y S NA P S H
T
FREE
transaction
data
latest
classified
listings
news
trend
analysis
and more
analytics
Source: TheEdgeProperty.com
What are developments
priced in Kelana Jaya?
Kelana Jaya top 5 most expensive condominiums/apartments
by average price per square foot
• Today, we continue our focus on Kelana Jaya by looking at average prices on a
per square foot (psf) basis. Based on transactions analysed by TheEdgeProperty.
com, the average price of non-landed homes in the area has remained steady at
RM431 psf in 1Q2015.
• Up until recently, residences here primarily fell within the mid-end segment. In
the 12 months to 1Q2015, more than half (58.4%) of the secondary non-landed
residential transactions were within the RM401 – RM600 psf range. Another
26.5% fell within the RM201 – RM400 psf range.
• The priciest residences in the neighbourhood were led by Zenith Residences
(RM598 psf), Kelana Mahkota (RM473 psf) and Sterling Condominium (RM472
psf), all of which were developed by South Malaysia Industries Bhd. Situated
behind Paradigm Mall, these three projects are located adjacent to each other,
though they present vastly different facades.
• Zenith Residences is one of the latest completed projects and is part of a mixed
development, located atop the Zenith Corporate Park. Typical units here are
from 710 sq ft to 1,173 sq ft. In June 2014, a 901 sq ft unit here had transacted for
RM707 psf making it the most expensive transaction in Kelana Jaya during the
review period. In comparison, Gamuda Land’s upcoming HighPark Suites are
reported to be priced from RM900 psf.
• Kelana Mahkota is the oldest of the trio, having been completed in 2005.
However, due to its strategic location, the numerous facilities offered and
good maintenance, this condominium remains in demand, and its value has
continued to appreciate with time.
Source: TheEdgeProperty.com
Kelana Jaya top 5 least expensive condominiums/apartments
by average price per square foot
The Analytics are based on the data available at the date of publication and may be subject to revision as and
when more data becomes available.
999-year leasehold
condo in Bukit Timah
going for S$900 psf
BY MET TA L EE
Two high-end Singapore
homes sold at over S$1m loss
PHOTO BY SAMUEL ISAAC CHUA/THE EDGE SINGAPORE
SINGAPORE: A 1,324-sq ft, three-bedroom unit at Hillview Green in Hume
Avenue has been listed on TheEdgeProperty.com at S$1.18 million
(RM3.45 million) or S$891 per sq ft
(psf). The Edge Fair Value, a valuation
tool on The EdgeProperty.com, puts
the indicative value of the property
at S$944 psf.
The project’s last transaction was
in November 2015, when a 1,281-sq
ft unit was sold for S$1.27 million,
or S$993 psf.
Hillview Green is a 400-unit,
999-year leasehold condominium
in Upper Bukit Timah, which was
completed in 1998. Amenities in
its vicinity include Hillview MRT
station, HillV2 shopping mall and
The Rail Mall. There are schools
within a 2km radius, and the project is close to Bukit Batok Nature
Park, Bukit Batok Town Park and
Bukit Timah Nature Reserve.
For more information, call marketing agent Rayson Lim at 8612
3587 — The Edge Singapore
BY ESTHER HO O N
SINGAPORE: The recent top three
unprofitable deals on existing housing chalked up losses close to S$5
million (RM14.6 million) and all were
from the high-end segment, according to new caveats released by the
Urban Redevelopment Authority
on April 15 and 19.
The top loss was for a 2,465 sq
ft, four-bedroom unit at The Orchard Residences, a 99-year leasehold condominium above Orchard
MRT station and ION Orchard. The
seller sustained a S$2.5 million loss,
or an annualised loss of 7%, from the
disposal of the unit at S$7.5 million
(S$3,043 psf) early this April, a few
months after the expiry of his fouryear seller’s stamp duty. He bought
the 40th-storey unit in January 2012
for S$10 million, or S$4,057 psf. This
marks the second unprofitable deal
in the development this year. In total, six of seven homes resold in The
Orchard Residences since the second half of 2014 were unprofitable.
Separately, a 1,625-sq ft,
As TheEdgeProperty.com is not par- three-bedroom apartment at The
ty to the contract between the client Sails @ Marina Bay was sold at a
and agent, it is unable to verify in- S$1.45 million loss on March 31,
formation provided by the agent
making it the most unprofitable
A four-bedroom unit at The Orchard Residences was recently sold at a S$2.5 million loss.
deal in the project to date. The 67thfloor unit was purchased for S$5
million, or S$3,076 psf, in December
2010 and resold for S$3.55 million,
or S$2,184 psf.
Nevertheless, sales at the project
have been brisk, averaging three per
month in the first quarter of 2016,
with only four of the 11 units sold
unprofitable.
As for the third-most unprofitable sale, the seller had incurred
a loss of more than S$900,000 despite holding the unit at Orange
Grove Residences for close to nine
years. He was the first owner, having
bought his 2,207-sq ft unit direct
from the developer in July 2007
at S$4.6 million, or S$2,088 psf. It
was resold in April 2016 for S$3.7
million, or S$1,677 psf.
Due to the relatively high launch
price of the Orange Grove, only one
of the 14 transactions, where previous
caveats can be traced, was profitable.
Meanwhile, the most profitable deal recently goes to a 7,503sq ft penthouse at The Arcadia, in
Bukit Timah. The seller pocketed
a S$1.9 million profit after holding the unit for close to 17 years,
having purchased the unit in July
1999 for S$3.2 million, or S$427
psf, and resold it in April 2016 for
S$5.1 million, or S$680 psf. — The
Edge Singapore
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placement to raise
up to RM768.4m
A mismatch between
demand and supply
Tips on choosing the
best air-conditioner
for your home
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Pavilion REIT likely
to continue its
acquisition trail
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JV to build KK BRT
ST O C KS W I T H M O M E N T U M 11
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.
ADVANCE SYNERGY BHD (-ve)
A 25% jump in Advance Synergy Bhd (fundamental: 1.65/3, valuation: 1.2/3) shares yesterday triggered our momentum algorithm for
the third time. The stock closed at 13.5 sen,
gaining 1.5 sen or 12.5% after 19.89 million
shares were done. It’s 200-day average volume is only about 361,534 shares.
Advance Synergy is a plastic bottle and
container manufacturer, as well as a property
developer. For financial year 2015 (FY15), its
net loss widened to RM11.21 million, compared with RM4.64 million a year ago, on lower
ADVANCE SYNERGY BHD
revenue — which slipped 2.2% to RM268.84
million on lower contributions from its hotel
and resort operations — and higher operating
expenses in 2015.
The company attributed the higher operating expenses in 2015, compared with 2014,
to a loss on the termination of a lease for an
overseas hotel, adding that it anticipated challenges to continue in 2016.
Notwithstanding that, Advance Synergy
paid a 2.5 sen dividend to reward its shareholders in FY15.
Valuation score*
1.20
1.65
Fundamental score**
TTM P/E (x)
TTM PEG (x)
0.18
P/NAV (x)
2.08
TTM Dividend yield (%)
79.69
Market capitalisation (mil)
Shares outstanding (ex-treasury) mil 664.05
1.26
Beta
0.11-0.16
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
KERJAYA PROSPEK GROUP BHD (-ve)
SHARES in Kerjaya Prospek Group Bhd (fundamental: 2.6/3, valuation: 0.5/3) closed six sen
or 3.28% higher at its all-time high of RM1.89
yesterday, after 1.11 million shares changed
hands. It’s 200-day average volume is only
about 90,992. The upward spiral began on
March 15, when it was trading at RM1.64, and
surging by 25 sen or 15.2% as at yesterday.
On Feb 25, Kerjaya Prospek released its
results for the fourth quarter ended Dec 31,
2015 (4QFY15), which saw its net profit grew by
23.4% to RM4.76 million, from RM3.85 million
KERJAYA PROSPEK GROUP BHD
a year ago. Quarterly revenue also increased
22.05% to RM18.6 million, from RM15.2 million in 4QFY14. The improved performance
was mainly attributed to the property development segment, which it ventured into in 2014.
In its annual report 2015, Kerjaya Prospek
said it is confident of maintaining its earnings
growth, driven by its combined outstanding order book of RM2.1 billion as at March 31, 2016.
At the current price, the stock is trading at a
trailing price-earnings ratio of 30.1 times and
is 4.49 times its book value.
Valuation score*
0.50
2.60
Fundamental score**
30.14
TTM P/E (x)
4.21
TTM PEG (x)
4.49
P/NAV (x)
0.56
486.44
0.58
Beta
1.17-1.86
& profitability
PASDEC HOLDINGS BHD (+ve)
PASDEC Holdings Bhd (fundamental: 0.55/3,
valuation: 0.9/3) has once again triggered our
momentum stock algorithm after a 8% rise in
its share price yesterday.
The share price was unchanged at 37.5 sen
at the closing bell after climbing to its intraday
high of 40.5 sen earlier. Trading volume was
one million shares, compared with its 200-day
average volume of about 87,637 shares.
Pasdec is 51.6% owned by Pahang State
Development Corp. The surge in its share
PASDEC HOLDINGS BHD
B R O K E R S’ C A L L / T E C H N I C A L S
price recently could be due to the news that
its external auditors had issued a qualified
opinion last Friday on the company’s audited financial statements for the financial year
ended Dec 31, 2015.
Meanwhile, the property developer announced that its group managing director
Datuk Mohd Khairuddin Abdul Manan had
been given a temporary leave of absence starting last Friday, amid a probe into possible
mining-related corruption.
Valuation score*
0.90
0.55
Fundamental score**
TTM P/E (x)
TTM PEG (x)
0.26
P/NAV (x)
77.24
1.53
Beta
0.28-0.51
& profitability
Daily FBM KLCI chart as at April 26, 2014.
Market trend turning bearish
BY BE NNY LE E
L
ast week, I mentioned that there
was a technical bearish divergence on the FBM KLCI and
expected the trend to turn bearish if the support level at 1,700
points was broken. Support for
the market faded last week as the benchmark
index broke below the support level of 1,700
points to its lowest in two months. Bearish
global markets weighed down the market
despite the ringgit being firm and crude oil
continued to rise. The FBM KLCI fell 2.6%
in a week to 1,672.72 points last Friday.
Trading volume increased last week
and indicated selling pressure. The average daily trading volume in the past one
week was 2.4 billion shares, compared
with 1.9 billion shares two weeks ago. The
average trading value has also increased
from RM1.9 billion to RM2.5 billion.
Foreign institutions, which have been
seen as net buyers on Bursa Malaysia in
the past few weeks, were starting to sell.
Net selling from foreign institutions last
week was RM431 million, while net buying from local institutions and local retailers were RM155 million and RM276
million respectively. The Ringgit was firm
at RM3.91 to a US Dollar compared to the
previous week.
Only three out of 30 counters closed
higher in a week on the FBM KLCI. The
top gainers in the week were IOI Properties Group Bhd (+0.8% in a week to
RM2.42), Petronas Dagangan Bhd (+0.2%
to RM23.84) and Petronas Chemicals
Group Bhd (+0.2% to RM6.71). The top
decliners were British American Tobacco
(M) Bhd (-15.8% to RM45.88), SapuraKencana Petroleum Bhd (-7.3% to RM1.65)
and Genting Bhd (-6.3% to RM8.84).
Markets in Asia were bearish. China’s
Shanghai Stock Exchange Composite Index declined 0.7% in a week to 2,938.45
points last Friday. Hong Kong’s Hang
Seng Index fell 1.9% in a week to 21,067.05
points, while Singapore’s Straits Times Index declined 3.5% to 2,838.52 points. The
Nikkei 225 index plunged 5.1% in a week
to 16,666.05 points last Thursday, after the
Bank of Japan decided not to further cut
rates to support economic growth. The
market was closed for a public holiday
last Friday.
The US and European markets pulled
back for a correction last week. The US
Dow Jones Industrial Average pulled back
from its nine-month high and declined
1.3% in a week to 17,773.64 points last
Friday. Germany’s DAX Index fell 3.2%
in a week to 10,038.97 points after pulling
back from its four-month high two weeks
ago. London’s FTSE 100 Index shed 1.1%
to 6,241.89 points.
The US dollar weakened against major
currencies and the US dollar index fell to
its lowest in eight months. The US dollar
index futures declined from 95.1 points a
week ago to 93.1 points last Friday. Crude
oil rose to its highest level in five months.
US crude oil (West Texas Intermediate)
rose 5.1% in a week to US$46 (RM179.40)
a barrel, the highest in six months. Commodity-exchange gold jumped 5% in a
week to US$1,294.90 an ounce on a weak
US dollar. Crude palm oil on Bursa fell
3.6% in a week to RM2,592 per tonne on
prospects of higher output.
The FBM KLCI has turned bearish.
The index fell below the short-term 30day moving average and the immediate support level of 1,700 points. The
index has also fallen into the Ichimoku
Cloud and further decline could cause
more selling pressure, especially below
the bottom line of the cloud, which is
currently at 1,663 points. However, the
index is now at the long-term 200-day
moving average and the uptrend line
from August last year. Hence, we may
see some support.
After showing signs of a weak bullish momentum two weeks ago, momentum indicators are now indicating
strong bearish momentum. The relative strength index and moving average
convergence divergence indicators are
falling, and are nearing oversold levels.
Furthermore, the index is trading below
the bottom band of the Bollinger Bands
indicator and this indicates strong selling pressure.
The FBM KLCI is now at a support
level, based on the 200-day moving average, the Ichimoku Cloud indicator and
the uptrend line from August last year.
However, looking at the strong bearish
momentum of the index and continuous
bearish market performance globally, we
may see the support level broken and the
index fall to the next support level of 1,600
points possibly by this month. It looks like
the market saying of “sell in May and go
away” is happening.
Benny Lee is chief market strategist for Jupiter Securities Sdn Bhd. Jupiter Securities is
a participating broker in Bursa Malaysia.
He can be contacted at bennylee.kl@gmail.
com. The views expressed in the article are
the opinions of the writer and should not
be construed as investment advice. Please
exercise your own judgement or seek professional advice for your investment decisions.
12 B R O K E R S’ C A L L
S P Setia replenishes
development sites
in Australia
S P Setia Bhd
(May 3, RM3.19)
Maintain neutral with a higher target price (TP) of RM3.18: S P Setia
Bhd has announced its acquisition
of a 1.02-acre (0.414ha) piece of freehold land for a purchase consideration of A$101 million (RM302
million). The land was secured via
a competitive bidding exercise from
Telstra Corp Ltd, Australia’s leading
telecommunications company. The
land cost makes up 16% of the project’s gross development value (GDV)
of A$640 million, which seems higher
compared with S P Setia’s previous
transactions of Parque Melbourne
in St Kilda Road and Fulton Lane in
2010 and 2011 at around 10% of GDV.
The land is located at 308 Exhibition St, which is in the upper eastend of Melbourne’s central business
district (CBD), on the corner of La
Trobe St and Exhibition St. Given
its proximity to a few education
institutions such as Melbourne
University and RMIT University,
we believe the project will tap into
the student population.
Although the housing market in
Australia is currently slowing down,
we agree with S P Setia’s move to
replenish its development sites in
Australia. The company handed
over the Fulton Lane project last
year, and Parque Melbourne is
now nearing completion. Given its
existing platform in the Australia
market and financial position, we
think S P Setia would be able to
ride through the slowing market
S P Setia Bhd
FYE DEC (RM MIL)
Total turnover
Reported net profit
Recurring net profit
Recurring net
profit growth (%)
Recurring EPS (RM)
DPS (RM)
Recurring P/E (x)
P/BV (x)
Dividend yield (%)
ROAE (%)
ROAA (%)
Net debt to equity (%)
Our vs consensus
EPS (adjusted) (%)
2014
2015
2016F
2017F
2018F
4,139
469
437
5,780
787
787
4,903
694
694
5,442
886
886
4,152
669
669
6.4
0.17
0.11
18.6
1.35
3.5
8.1
3.6
26.9
80.1
0.30
0.20
10.6
1.16
6.1
11.9
5.3
17.2
(11.8)
0.26
0.20
12.6
1.18
6.2
9.3
4.2
10.3
27.7
0.32
0.22
10.2
1.18
6.8
11.6
5.2
14.0
(24.5)
0.23
0.21
14.0
1.22
6.5
8.6
3.8
15.3
-
-
(6.6)
12.5
(17.9)
Source: Company data, RHB
over the next one to two years.
Media reports have recently
highlighted that domestic banks
are getting tighter in their lending
to foreign house buyers, and there
are also concerns of oversupply in
the apartment segment, particularly in the Brisbane and Melbourne
CBD areas. Therefore, given the
negative news flow, we think the
market would be “neutral” on this
acquisition announcement.
We keep our earnings forecasts
unchanged, as the project can only
be launched in late 2017. Given the
incremental value in our revised net
asset value (RNAV) estimate after the
inclusion of Exhibition St land, and
two other smaller parcels in Carnegie and Prahran, our TP is raised to
RM3.18 (from RM3.10).
Meanwhile, the recent confirmation of Datuk Khor Chap Jen
as president and chief executive
officer, Datuk Wong Tuck Wai as
deputy president and chief operating officer, and Choy Kah Yew as
chief financial officer effective April
1 should clear market concerns over
any leadership uncertainty. The key
risks affecting our call and forecasts
would be if the market climate/
environment takes a turn for the
worse, or if better-than-expected
market conditions develop. — RHB
Research Institute, May 3
Resilient showing in MRCB-Quill’s 1Q
MRCB-Quill REIT
(May 3, RM1.14)
Maintain buy with an unchanged
target price (TP) of RM1.24:
MRCB-Quill REIT’s first quarter
of financial year 2016 (1QFY16)
gross revenue of RM32.7 million,
up by 75.5% year-on-year (y-o-y),
was translated into a normalised
net profit of RM15.24 million (84.1%
higher y-o-y), accounting for 26.2%
and 26.8% of Hong Leong Investment Bank Research and consensus full-year forecasts respectively. There were no dividends in the
quarter as its dividends are usually
declared semi-annually.
MRCB-Quill’s resilient revenue growth (for y-o-y and quarter-on-quarter [q-o-q]) in 1QFY16
was due to additional income from
Platinum Sentral and a step up in
rent adjustments. Net income grew
higher by 84.1% y-o-y helped by lower repairs and maintenance this year,
while -6.9% q-o-q given the low base
of operational expenditure last quarter from cost-saving provision.
Its overall occupancy rate was
stable at 97.1%, (0.4% of net lettable area [NLA] not renewed was
from Plaza Mont Kiara). Major asset
enhancement initiatives planned
for this year include energy-saving
and carbon footprint reduction at
both Quill Building 1-DHL and Quill
Building 4-DHL as part of the negotiations during renewals.
As reported in our previous note,
we understand that the RM640 million acquisition of Menara Shell
will likely complete in 1QFY17.
Currently, the vendor is in the midst
of preparing the submission of an
application for a certificate of the
proposed strata plan to subdivide
Menara Shell and other buildings
attached under a master title.
In terms of funding, rights issues
or placements and minimal debt
would be in the mix in order to pare
down the gearing level. Despite the
challenging outlook for 2016, only 7%
of the NLA is due for renewal, hence,
the downside is minimal from a risk
perspective. In terms of inorganic
growth, other than the imminent
sizeable acquisition of Menara Shell,
CIMB Niaga’s provision
expenses remain elevated
CIMB Group Holdings Bhd
May 3 (RM4.54)
Maintain buy with an unchanged
target price (TP) of RM5.50: Core
net profit of PT Bank CIMB Niaga
rose by 224.1% year-on-year (y-o-y)
in the first quarter of financial year
2016 (1QFY16), underpinned by
higher non-interest income, and
lower operating expenditure and
provisions. It recorded a core net
profit of 269 billion rupiah (RM80.2
million) in 1QFY16, which was up
by 13% quarter-on-quarter (q-o-q)
and 224.1% y-o-y.
The improved earnings were
contributed by higher non-interest income (18.5% y-o-y) from an
improvement in the treasury business, lower operating expenditure
(1.4% y-o-y) and provisions (7.3%
y-o-y). Its provision expenses remained elevated, but improved
on a sequential and y-o-y basis. In
1QFY16, CIMB Niaga reported lower provisions of 1.34 trillion rupiah,
down 3.5% q-o-q and 7.3% y-o-y.
CIMB Niaga remains focused on
managing its asset quality, and management is cautiously optimistic
about the macroeconomic conditions in the second half of 2016. Provisions are likely to remain elevated
in 2QFY16, before improving in the
second half of FY16. For 1QFY16,
loan loss coverage at 116.09% was
higher than the preceding quarter’s 111.53% and that in 1QFY15
of 102.55%. The net interest margin (NIM) for 1QFY16 improved
to 5.35%, contributed by its higher
current account, savings account
(Casa) ratio of 52.05%. The NIM for
1QFY16 rose by 13 basis points (bps)
y-o-y to 5.35%, contributed by an improvement in its Casa ratio, which
continued to rise to 52.05%. Its Casa
growth outpaced the industry with
a growth of 13.9% y-o-y against the
latter’s 9.2%. Its Casa deposits grew
by 18.4% and 9.8% y-o-y respectively.
The NIM is expected to be under
pressure ahead due to its focus on
high-quality, low-yielding loans,
coupled with Bank Indonesia’s policy rate cut by 75bps to 6.75%. CIMB
Niaga’s loan growth decelerated
to 3.1% y-o-y due to the economic slowdown and its strategy to be
prudent on asset growth. Gross loan
growth decelerated to a 3.1% drop
y-o-y against a 0.6% growth y-o-y
in the preceding quarter.
Growth in corporate loans continued to decelerate to a fall of 4.1%
we understand that the management
is not looking at any other acquisition
or asset injection in FY16.
MRCB-Quill’s risks are its high
gearing compared with industry average and a slower rental reversion
rate for office market. We make no
changes to our forecasts and keep
a “buy” rating on MRCB-Quill with CIMB Group Holdings Bhd
an unchanged TP of RM1.24. It has
a consistently high distribution per
(RM
unit yield of above 7% and imminent FYE DEC MIL)
Net
interest
income
asset injections in the near future.
Positives for the REIT include a Islamic banking income
high possibility of asset injections Non-interest income
from sponsor, and resilient earn- Total income
ings’ growth with undemanding Pre-tax profit
valuations. Its negatives are its high Net profit
gearing, illiquid trading and softer
Core net profit
office market.
Our valuation was pegged to a Core EPS (sen)
targeted yield based on two stand- PER (x)
ard deviations below 7.2%, one- Net dividend (sen)
year historical average yield spread Net dividend yield (%)
of MRCB-Quill REIT and 10-year Book value per share (sen)
government bond in view of im- P/BV (x)
minent yield-accretive injection(s).
— Hong Leong Investment Bank ROE (%)
Source: Forecast by MIDFR
Research, May 3
y-o-y as the group remained focused
on rebalancing its corporate loans.
Its corporate banking’s working
capital loans grew by 12.2% y-o-y,
while investment loans decelerated
to a negative growth of 16.6% y-o-y.
Commercial banking loan growth
slowed down further to -6.3% y-o-y.
Micro, small and medium enterprises (MSME) banking loan growth
slipped further by 5.8% y-o-y due to
the recalibration of its micro business that impacted growth of micro
linkage and micro finance loans.
Gross non-performing loans
(NPL) in 1QFY16 were 3.9%, versus 4.07% in 1QFY15 and 3.74% in
4QFY15. The rise was contributed
by a q-o-q increase in gross NPL
ratios of corporate (up 10bps to
4.6%), commercial (up 60bps to
6.6%), MSME (up 30bps to 3.2%)
and consumer loans (up 10bps to
2%). We hold on to our view that
the gross impaired loan (GIL) ratio
is a more forward-looking indicator
of asset quality.
In 1QFY16, the GIL ratio improved to 4.97%, versus 5.03% in
the preceding quarter and 5.33%
in 1QFY15. The percentage of
CIMB Niaga loans classified under “special mention” was 10.37%
in 1QFY16, versus 8.16% in 4QFY15.
The macroeconomic conditions in
Indonesia remain challenging with
uncertainties. Nevertheless, the
group has already taken conservative provisions, and any recoveries
from coal and coal-related loans
will be positive for its earnings.
We maintain our earnings forecasts for CIMB Group Holdings
Bhd. Although provisions remain
elevated, we have not seen further
deterioration in provisions for loan
impairment. CIMB Niaga’s GIL ratio
has improved y-o-y and sequentially. Cost initiatives have taken effect
with more efforts to lower operating expenditure in the near future.
Apart from the mutual separation
scheme exercise, the merger of its
auto finance business and recalibration of the micro business are
expected to yield cost savings ahead.
The cost-to-income ratio for CIMB
Niaga has improved to 51.27%, versus 51.63% in 4QFY15 and 54.31%
in 1QFY15. We maintain our “buy”
recommendation on CIMB Group
with an unchanged TP of RM5.50,
pegging the stock to one times priceto-book multiple of FY17 book value
per share. — MIDF Research, May 3
2014
2015
2016F
2017F
8,656
1,461
4,029
14,146
4,276
3,107
3,159
38.1
8.2
21.0
4.5
4.44
1.1
9.3
9,337
1,569
4,490
15,396
3,914
2,850
3,411
40.2
11.6
14.0
3.0
4.81
1.0
8.6
9,988
1,679
4,352
16,020
5,150
3,955
3,955
46.0
10.2
19.0
4.1
5.14
0.9
9.3
10,844
1,601
4,464
16,910
6,062
4,536
4,536
53.0
8.8
21.0
4.5
5.49
0.9
10.0
H O M E 13
Early voting goes
smoothly in
Sarawak polls
Police and military personnel and their spouses cast their ballots
KUCHING: Early voting involving 24,604 voters in the 11th Sarawak state election, which began
at 8am yesterday, went smoothly,
according to Election Commission
chairman Datuk Seri Mohd Hashim
Abdullah.
He said at 10am, 21% of the early
voters consisting of police and military personnel and their spouses
had cast their ballots.
“The voting centres are packed
with uniformed personnel and their
spouses with some bringing along
their children,” he told reporters after
visiting the voting centre in Dewan
Bukavu, Kem Penrissen, Batu 8, here.
There were 3,782 early voters eligible to cast their ballots at Kem
Penrissen.
Besides Kem Penrissen, Kem
Muara Tuang and the Kota Samarahan district police headquarters
also served as early voting centres
for the Stakan constituency.
Mohd Hashim said good weather
in the morning also facilitated ease of
voting for early voters in the election,
Members of the army showing their fingers marked with permanent ink after voting in the
11th Sarawak state election in Penrissen Camp, Kuching yesterday. Photo by Bernama
numbering 15,113 military and 9,491
police personnel and their spouses.
The Army’s Eastern Region commander Lt Gen Datuk Mohd Zaki
Mokhtar said he had encouraged
his men to come out in full force
to vote.
“We are hoping they will come in
early so that we can know who have
not come and make efforts to bring
them [to the voting centres],” he said.
The electoral roll shows that the
Stakan constituency has the highest
number of early voters with 7,055,
followed by Bukit Sentosa (3,163),
Nangka (3,043), Batu Kawah (1,241)
and Sri Aman (1,075).
The total figure does not include
early voters for the Bukit Kota and
Bukit Sari seats, which were won
uncontested by Barisan Nasional
candidates. — Bernama
Najib: Candidates with calibre
to lead change needed
SRI AMAN: Sarawak needs candidates with the calibre and commitment to bring about changes and
development to the people and state,
said Prime Minister Datuk Seri Najib Razak.
The prime minister said the criteria was needed because the people need leaders who have the distinction, commitment, quality and
calibre to be a part of the state government, and contribute to the administration of the state.
“The election in Sarawak is serious and needs candidates who are
ready to serve the people, not ‘parachute candidates’ or fly-by-night
candidates,” he said in his speech
at the Faizal Anak Edmund Minit
longhouse in Engkeramut, about
40km from here.
“To form a strong government we
need candidates who are serious,
not happy go lucky or half-hearted
candidates,” said the prime minister
who was accompanied by Barisan
Nasional (BN) candidate for Bukit Begunan, Datuk Mong Dagang, who will
be challenged by PKR’s Jubri Atak.
Najib arrived at Engkeramut about
40 minutes after visiting the Jegai
Anak Jawa longhouse in Kampung
Purai by road, amid pouring rain and
greeted by an eager crowd.
The prime minister reiterated his
call to the people, especially voters in
Sri Aman, to vote for BN under the
leadership of Chief Minister Tan Sri
Adenan Satem so that development
agendas that have been planned can
be continued.
“When the people look up to BN
for development, they can be rest
assured that the proposed development agendas will be carried out
to ensure the people of Sarawak are
not left behind,” he said.
Najib, who is also BN chairman,
later announced an allocation of
RM200,000 to upgrade the longhouse
which has 253 residents. — Bernama
Don’t sell your rights for money, PM tells voters
SRI AMAN: Prime Minister Datuk
Seri Najib Razak urged voters in Simanggang to not “sell” their rights
for money, but retain their votes as
a priced possession that can be used
to decide their future.
Najib said votes are the rights of
the people to determine their future
by choosing the right candidate to
ensure development in their area
and not be duped by those who are
out to “buy” their way to fame.
“They (voters) must think of longterm development in their areas and
not look for short-term gains by selling their votes to those willing to offer
money,” he said in his speech yesterday at the Jegai Anak Jawa longhouse
in Kampung Purai, an Iban village
in Undop, about 40km from here.
Earlier, Barisan Nasional (BN)
candidate for Simanggang, Datuk
Francis Harden Hollis, who is also
the incumbent, claimed that he had
received information that voters were
being paid to not vote for BN in the
May 7 polls.
Hollis claimed that RM100 was
offered to voters before going to the
polls and promised another RM200
if the BN candidate lost the seat.
Najib, however, was confident that
the Iban community in Simanggang
would wisely turn down such offers
and not be fooled by attempts to buy
them out. — Bernama
Giving ‘Sar Kuan’ another
chance in do-or-die mission
KUCHING: If he can lead the Sarawak United People’s Party (SUPP)
to a good performance in the Sarawak polls on Saturday, Senator
Datuk Dr Sim Kui Hian could get
to walk in his father’s footsteps.
Tan Sri Sim Kheng Hong was
the state’s longest serving deputy chief minister for 16 years. The
senior Sim, who died in 1992 aged
70, was a state assemblyman from
1963 to 1990 and had held several
state ministerial posts, including
finance minister.
For his only son, the path to the
legislative house is fraught with
obstacles. The cardiologist turned
politican is not only battling to resuscitate SUPP, but also staging his
second attempt to enter the legislative house. Once a power broker in
Sarawak politics, Sarawak’s oldest
political party is a pale shadow of
its former self; its dominance of
Chinese politics usurped by the
DAP, and several party stalwarts
left to form a splinter, the United
People’s Party (UPP).
With a do-or-die mission in
this election, “Sar Kuan”, as the
Chinese call SUPP due to its triple circle logo, is asking the community to give the party another
chance under Dr Sim, who took
over as president in 2014, and work
alongside popular Chief Minister
Tan Sri Adenan Satem.
Members admit that the party
was partly to blame for its past failings, including infighting that cost
it heavily at the ballot box in 2006
and 2011. But that’s in the past
they say, the party has reformed
and Adenan is throwing his full
support behind the 13 SUPP can-
didates, including Dr Sim.
In Tok Nan, SUPP cannot find
a bigger supporter. Since taking
over as chief minister, Adenan
has held his arms wide open to
the Chinese and in the past few
days, he has asked the Chinese
to vote for all SUPP candidates
because he wants the community
to be represented in his Cabinet.
“We are working very hard. One
of the criticisms in 2011 was the
party’s geriatric leadership. In the
last two years, we’ve got a lot of
young candidates from 30 years
to 50 years old,” said Sim, himself
49 years old.
Temenggong Lu Kim Yong,
Kuching’s highest ranked Chinese community leader, hoped
the factions could resolve their
differences and send the message to Chinese voters that they
are working together.
“The Chinese community does
not want a political party that is
fighting. The sentiment on the
ground is when you guys are fighting, I will not support you because
you have no time to serve the people. So, stop bickering,” he added.
Political analyst Dr Jeniri Amir
agrees.
“To be fair, SUPP has turned
over a new leaf and put in a lot of
professionals. But with their fighting with UPP, I don’t think there
will be much impact on the Chinese electorate even if the carrot
of a Chinese deputy chief minister
is dangled before them.
“With Adenan, there will be a
swing but not a big one, at best
four Chinese seats could return
to BN.” — Bernama
Adenan: Biggest newsmaker
in Chinese media
KUCHING: It was only to be expected that the Chinese press, like
other media organisations, would
give Tan Sri Adenan Satem wide
coverage when he took over as Sarawak Chief Minister two years ago.
But what was not foreseen was
the unprecedented amount of attention that the four Chinese dailies allotted to him, making him
their biggest newsmaker.
When it became clear to them
that the new man at the helm was
lending a sympathetic ear to the
aspirations of the community, they
competed with one another in giving space to his words and actions.
When Adenan announced in
September last year that the state
government had decided to recognise the Chinese Unified Examination Certificate (UEC), they all
had banner headlines screaming
the news.
International Times news editor
Chin Sau Leong said Adenan was
making headline news in the local
media, including Chinese newspapers, on his war on corruption and
illegal logging, nepotism, cronyism
and religious extremism.
He said Adenan’s announcements of some RM3 million allocation to Chinese independent
schools and, certainly, the recognition of UEC were very widely
reported.
Chin said the magnitude of
coverage the Chinese press gave
Adenan was without precedence.
He said the chief minister’s approaches and policies had caught
the imagination of the Chinese
community.
“Adenan is walking the talk. He
is sincere in making significant
change in the state,” Chin said.
Chief reporter of the Sin Chew
Daily Sarawak edition Leslie Chin
Yik Soon said the newspaper had
been giving Tok Nan, as he is called,
“good and fair coverage with lots
of photos and commentary”.
Asked about the Chinese community’s movement back to BN,
Chin said: “Of course, there is a
shift. But how big a shift is too early
to determine.
“The people welcome and appreciate Adenan’s policies. Whether this will translate into votes, we
have to wait and see.”
A journalist with another Chinese daily said Adenan is always
good copy for the media because
of his policies.
After a week of campaigning,
the journalist is still reluctant to
predict whether the Chinese will
return to BN.
“Chinese voters are very difficult to predict; the opposition
is still strong in urban areas,” he
said. — Bernama
14 H O M E
‘Car found in Hutan
Melintang was torched’
Trail of petrol was found inside and outside the vehicle, says chemist
KUALA LUMPUR: The charred car
found in Hutan Melintang, Perak,
and believed to belong to deputy
public prosecutor Datuk Anthony
Kevin Morais, was torched and did
not catch fire by accident, the High
Court was told yesterday.
Chemist Khairul Anuar Abdul
Aziz from the Perak chemistry department said this was based on
the trail of petrol found inside and
outside the vehicle.
“Based on inspection and analysis, I think that the car was torched
using petrol as the fire accelerant.
“If the car had caught fire by
accident, the trail of petrol cannot
possibly be found in the cabin area
of the car,” he said during the examination-in-chief by deputy public
prosecutor Wan Shaharuddin Wan
Ladin on the eighth day of the Kevin
Morais murder trial.
He said the evidence on the trail of
petrol was obtained from the sample,
which he personally took from the left
and right side of the rear passenger
seat, as well as from both the driver
and the front passenger’s foot areas.
Khairul Anuar, who has 22 years
of experience as a chemist, said the
car was 100% burnt when he saw it
the first time at the Hutan Melintang police station on Sept 7, 2015.
“On first observation, the type
of the car could not be ascertained,
but following further inspection, I
found out that it was a Proton Perdana car,” he said.
While admitting that the chassis
and engine numbers were unique
for each vehicle, Khairul, the 13th
prosecution witness, said there was
a hole on the back panel of the engine area where the chassis number
was usually stamped.
“I found that the hole was
formed by cutting and removing
the panel. The size of the cut area
was about 15cm x 5cm,” he said.
There were also deep scratch marks
on the engine number.
Investigating officer Insp Mohd
Nizam Ahmad told the court that
he went to the scene, which was in
an oil palm plantation in Kampung
Sungai Samak, Hutan Melintang,
at 12.50pm on Sept 5, 2015, after
being informed about a car on fire.
During cross-examination by
counsel V Rajehgopal, the witness
said the report on the burning car
was made through a phone call by
a civilian living nearby.
Six men — G Gunasekaran, 48,
R Dinishwaran, 24, A K Thinesh
Kumar, 23, M Vishwanath, 26, S Nimalan, 23, and S Ravi Chandaran,
45, claimed trial to the charge of
murdering Morais between 7am
and 8pm on Sept 4, 2015, between
Jalan Dutamas Raya Sentul and
No 1, Jalan USJ1/6D, Subang Jaya.
The first accused, Col Dr R Kunaseegaran, 53, pleaded not guilty
to abetting the six men in Morais’
murder.
The trial before Justice Datuk
Azman Abdullah continues today.
— Bernama
Khairy: Set up financial
oversight panel
KUALA LUMPUR: Youth and Sports
Minister Khairy Jamaluddin has suggested that a high-level financial
management committee chaired by
the minister be set up to monitor the
financial transactions of the ministry
and its agencies.
He said this was to improve current financial procedures so that
tighter monitoring could be done by
the minister himself with the assistance of the ministry’s senior officials
to prevent leakage, abuse of power
and misappropriation.
“I suggest that a high-level financial management committee be established at my ministry first and to
be chaired by the minister himself.
This has never happened before because all this while when it came to
financial matters, the minister would
ask the secretary-general and he
would answer. That’s all.
“But there is no permanent committee chaired by the minister himself to do continuous monitoring of
the expenditure and all financial
transactions of the ministry.”
Khairy said this in reply to a question from Senator Shahanim Mohamad Yusoff with regard to ongoing
procedural and financial process
weaknesses at the ministerial level to
the extent of causing leakage, power
abuse and embezzlement like the
case involving a senior official of the
youth and sports ministry.
Khairy said the high-level committee should meet at least twice a
year and report in detail all financial
transactions.
He said the existing financial procedure gave limited power to the
ministry’s financial controller in making decisions, while the minister had
no absolute power over the decisions.
The Malaysian Anti-Corruption
Commission had in March detained a
senior official of the youth and sports
ministry for suspected misappropriation of government funds amounting to RM107 million. — Bernama
time to get water supply for their
mango trees. Yields have dropped
by almost 50%.
Seberang Alor Village Security and Development Committee
chairman, Azman Ahmad, said the
livelihood of 2,000-odd fishermen
in Kuala Perlis has been badly affected, as their average daily catch
was down to 5kg from almost 100kg
since two months ago.
“Normally, we would earn
RM1,000 to RM2,000 per week
but since February, only RM300
to RM700 per week,” he said.
Teacher pleads not
guilty to concealing
stolen money
KUANTAN: A teacher pleaded
not guilty in the Magistrate’s
Court here yesterday to concealing cash amounting to
RM211,844 believed to be stolen. Azizin Hamzah, 50, of Sekolah Kebangsaan Gambang,
was charged with committing the offence at the Taman
Tas Maybank branch here at
10.16am on April 13. The accused was charged under Section 414 of the Penal Code,
which provides for a maximum
seven-year jail term or a fine, or
both. Azizin’s counsel, Mohd
Norazihan Adnan, appealed for
the bail of RM5,000 proposed by
the prosecution to be reduced to
RM3,000, saying his client had
to support seven children age
eight to 21. — Bernama
Singapore meeting to
discuss transboundary
haze issues
SINGAPORE: The implementation of the Asean sub-regional
haze monitoring system is one
of the key issues that will be discussed at the 18th meeting of the
sub-regional ministerial steering
committee on transboundary
haze pollution here today. Singapore Ministry of the Environment and Water Resources said
that other related key issues to
be discussed included mobilisation of international assistance
to support fire-fighting efforts
and exchange of information
among countries. Environment
and Water Resources Minister,
Masagos Zulkifli, will chair the
meeting, the ministry said in a
statement yesterday. — Bernama
May 11 hearing of PM’s bid
in suit against Harakah
KUALA LUMPUR: The High
Court is to hear on May 11 an
application by Prime Minister Datuk Seri Najib Razak to
dispose of his suit against Harakah and Harakahdaily over
1Malaysia Development Bhd
by way of point of law without
a full trial, said Najib’s lawyer.
Nor Emelia Mohd Iszeham told
reporters yesterday that the
date was set by Judge Datuk
Hue Siew Kheng in chambers.
Lawyer Wan Rohimi Wan Daud
represented the two defendants, Harakah managing director Dr Rosli Yaakop and Harakahdaily chief editor Taufek
Yahya. — Bernama
Blazing El Nino hurts farmers, fishermen
KANGAR: The El Nino phenomenon hitting the country since last
December is adversely affecting the
agriculture and fishing sectors in Perlis, besides testing the country’s preparedness in facing a long drought.
Farmers who have been dependent on rain have no choice but to
postpone their padi planting. Most
affected is the northern part of Perlis, while small coastal fishermen
are also feeling the effects of the El
Nino phenomenon.
Harum manis mango orchard
owners are forced to work over-
IN BRIEF
State Agriculture and Agrobased Industry Committee chairman, Ahmad Bakri Ali, said due to
the drought, harum manis yields
had declined by almost 50%, forcing the cancellation of many export
orders for the state’s iconic fruit.
Increasing demand but falling
yields has also pushed the price of
harum manis to as high as RM40 per
kg compared with RM32 last year.
State Agriculture Department
director, Zulkefli Amin Mat Jusoh, said harum manis yields at
its 60ha plantation in Batu Pahat
60% of city to use public
transport by 2020
had dropped by about 40% to below RM40 million now from RM60
million last year.
In northern Perlis, 6,403 padi
farmers who are dependent on water supply from Timah Tasoh dam
are unable to work their 10,043ha
of land as the water in the dam has
reached below critical level.
Perlis Farmers Organisation Authority director, Shaidan Nordin, said
1,440ha of padi land in Padang Siding, however, were receiving water
supply from the Muda Agriculture
Development Authority. — Bernama
KUALA LUMPUR: To reduce
traffic congestion in the city
by 2020, the federal territories
ministry is targeting 60% of city
folks and 40% of those in rural
areas to use public transportation. Deputy minister Datuk Dr
Loga Bala Mohan said currently,
only 20% of city folks use public
transportation in Kuala Lumpur
and described it as “very low”.
“In fact, the rate in other major
cities in the world such as in Tokyo and Singapore is more than
75%,” he told the Dewan Negara here yesterday. — Bernama
COMMENT 15
Buffett in confidence trap?
I think Buffett’s taken the wrong lesson from the last hundred years — Runciman
BY FRA NC I S WI L KI NSON
W
ARREN Buffett,
chairman and
chief executive
of Berkshire
Hathaway, is
a confident
man. Having built one of the greatest businesses in history, and having
become one of the world’s richest
men in the process, he sees great
prosperity in the rear-view mirror,
and more of the same ahead.
Speaking last Saturday at his company’s annual shareholders meeting in Omaha, Buffett said: “Twenty
years from now, there’ll be far more
output per capita in the United States
in real terms than there is now. In 50
years, it’ll be far more.”
Buffett provides an almost perfect illustration of what Cambridge
University politics professor David
Runciman calls “The Confidence
Trap.” Runciman published a book
with that title in 2013, in which he
explored a neurotic tic of successful
democracies: the tendency to muddle through on the assumption that
muddling through has historically
worked out well for democracies,
and probably always will.
“Things look bad,” Runciman
wrote, surveying political and economic dysfunction in Europe and
the US after the 2008 crash, “but
the historical record of democracy
suggests that nothing is as bad as it
seems. This is why we find it so hard
to know how seriously to take the
current crisis of democracy.”
In his talk, Buffett did not just project a delightfully rosy half-century
of US economic gains. He made a
point of reassuring shareholders that
today’s discordant politics would not
jeopardise tomorrow’s prosperity.
“If either Donald Trump or Hillary
Clinton becomes president, and one
of them is very likely to be, I think
Berkshire will continue to do fine,”
Buffett said.
The 85-year-old added: “No presidential candidate or president is
going to end that. They can shape
it in ways that are good or bad, but
they can’t end it.”
Buffett has history on his side. The
Great War. The Great Depression.
World War II. Vietnam. Stagflation.
Globalisation. The 2008 Crash. Each
threatened democracy in its way.
None succeeded in puncturing its
steady rise and expansion. So the
lesson is clear: Neither snow, nor
rain, nor heat, nor gloom of Trump
can disrupt the US economy on its
appointed rounds.
Yet that is just the sort of analysis
of democracy’s capacity that Runciman regards with a hint of dread.
“I think Buffett’s taken the wrong
lesson from the last hundred years,”
said Runciman, via email. “He seems
to think the real story is that economic fundamentals trump (if we
are still allowed to say that) political
incompetence. He treats politics as
secondary. But politics is primary
and it still has the ability to screw
everything up. America did not prosper over the past century because it
was bound to prosper. Things could
have gone badly wrong. The success
of American democracy was down
to a mixture of skill and luck. Luck
can run out. So can skill.”
It is doubtful that Buffett would
contend that Berkshire Hathaway
would continue to prosper with an
incompetent executive at the helm.
But for some reason, he thinks dodgy
leadership would not threaten the
larger and more complex (if less
lauded) enterprise of the United
States Government.
“This is one of my bugbears — the
twenty-first century view that politics doesn’t really matter, because
innovation and enterprise are what
count” Runciman continued. “That
view is just dead wrong. Bad political choices can precipitate wars,
financial disasters and ecological
catastrophes that no amount of innovation will ever make right. And
believing that politics doesn’t matter makes it more likely that we will
screw things up: That’s what makes
us complacent.”
The temptation to fall into the
confidence trap is almost irresistible.
Consider American intervention in
Vietnam. The war was a series of catastrophic mistakes. Now, Vietnam is
eagerly making concessions to join
an American-led Pacific trade deal.
What does not kill us seems only to
make us more powerful.
Trouble is, the past is an imperfect guarantor of the future. Trump
would be by far the most untested
and unreliable president in modern
history. Maybe everything would
turn out fine. But maybe, this time, it
would not. Maybe our faith in democratic resiliency would be misplaced,
and our current ill temper, instead
of fading, would be dangerously exploited by a mercurial opportunist.
“At some point, that combination
of anger and complacency is going to
put American democracy at risk, no
matter what Buffett says,” Runciman
said. “And when American democracy is at risk, then everything else
is at risk too.”
Maybe even Berkshire Hathaway.
— Bloomberg View
The false promise of helicopter money
BY JAMES MCCORMACK
ONE of the most prominent questions
concerning the global economy today is
whether monetary policy is approaching the limit of its effectiveness. Inflation remains well below target in the
eurozone and Japan, despite aggressive
quantitative easing (QE) and negative
policy interest rates, and both the euro
and yen have appreciated against the
US dollar since the start of the year.
The problem with the debate is that
it has focused solely on the effectiveness of policies, without considering
the need for prudence. The credibility
and independence of monetary authorities are essential to the effectiveness of their policies. And yet some
of the proposals being fielded call
for central banks to stray further into
uncharted territory, expanding and
extending their deviation from careful balance-sheet management. This
could inflict reputational damage that
may be difficult to rectify, with real financial and economic consequences.
The direct impact of unconventional monetary policy is apparent
and largely as expected (with the exception of the recent appreciation of
the euro and yen). Liquidity in banking systems is ample, and borrowing
costs have declined, even turning
negative for some governments.
But the expected second-order effects — increased economic activity
and inflation — have not materialised. As a result, despite the fact that
headline inflation is being dragged
down by low commodity prices, a
near-consensus has emerged that
additional easing is required.
Monetary policy is not the only
option for further easing, but it is
the most likely. Structural reforms
to support growth typically have
long gestation periods, and the economic dislocations that accompany
them reduce their political appeal.
Further fiscal easing is at least partly
constrained by record-high levels of
government debt, which will take
many years to bring down.
When it comes to monetary policy, however, the options are similarly
limited. Even monetary policymakers acknowledge that QE is subject to
diminishing returns, while adverse
effects on the banking system limit
the scope for setting policy rates too
deeply negative.
As a result, an old idea, first proposed by Milton Friedman in 1969,
is making a comeback: “helicopter
money.” Advocates envisage central
banks creating money and distributing it directly to those who would
spend it, resulting in immediate increases in demand and inflation.
Because households might choose
to save some of the money, contemporary suggestions centre on helicop-
ter money being transferred to governments, to invest in infrastructure
projects or other demand-enhancing
initiatives. Variations call for central banks to buy perpetual government bonds that pay no interest or to
convert existing bond holdings into
something similar.
Such proposals are troubling for
many reasons. The direct funding by
central banks of fiscal deficits or purchases of government debt would result in the monetisation of fiscal policy.
Monetisation unambiguously weakens
central banks’ balance sheets by adding
assets that carry no real value (claims
on government that will never be repaid), offset by liabilities (newly created
money) generated to acquire them.
Advocates of helicopter money
rely on two claims. Some believe that
policy can be calibrated to stop short
of inflicting meaningful harm, usually
because the resulting improvement
in economic conditions will obviate
the need for continued stimulus. For
others, central banks’ balance sheets
are not a constraint, because the exclusive ability to create additional
unlimited and cost-free liabilities
guarantees long-term profitability.
There are problems with both
claims. Relying on a calibrated approach counts on stimulus being
withdrawn before any evidence of
concern over the central bank’s finances appears. But there is no certainty that monetised fiscal spending
will spark an economic recovery.
Nor can it be known beforehand
that expansionary fiscal policy would
be curtailed if economic prospects do
not improve. In fact, in the absence of
negative public or market commentary on central-bank finances, the
fiscal authorities may be tempted to
expand their use of cost-free funding in
what looks from their perspective very
much like the proverbial “free lunch.”
There are also serious reasons to
doubt the claim that seigniorage —
the profit to central banks from having
zero-cost liabilities (and at least some
income-generating assets) — would
guarantee profitability in the long term.
Never in the post-gold standard era
has there been greater focus on the
limits of monetary policy. This focus
could easily turn to the health of central
banks’ balance sheets if they continue
to expand. The concept of seigniorage
is poorly understood outside a relatively small community; it should not be
used as the first line of defence.
None of this comes as news to
central banks, which attach the utmost importance to their reputation
for having robust finances, carefully managing risk, and ensuring the
soundness of money. Indeed, the
financial prudence that underpins
policy credibility and confidence
in central banks is ultimately what
makes seigniorage possible. Only
institutions that are perceived as financially viable can expect their liabilities to be held by others as assets;
central banks are no exception.
At stake is the value of money.
Helicopter money would transfer risk
from governments’ balance sheets to
those of central banks, blurring the
lines between policies, institutions,
and their relative autonomy. Its appeal lies in being able to exploit the
unique financial structures of central
banks. But there are limits beyond
which confidence in the financial
integrity of central banks — and consequently the soundness of money
— will be undermined.
Those limits are of course impossible to identify in advance. But at a
time of heightened sensitivity to the
implementation and effectiveness of
monetary policy, it would be a mistake to embark on a path that jeopardises central banks’ very viability.
— Project Syndicate
James McCormack is managing director and global head of the Sovereign and Supranational Group
at Fitch Ratings.
16 FO CU S
WE
PHOTOS BY BLOOMBERG
B
Tesla model X P90D —
Ready for an electric lifestyle?
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The new variant, being capable and fast, invites you to join the tribe
BY HA NN A H EL L IOTT
L
ast week I spent most of my waking hours inside an ocean blue
Tesla Model X P90D.
I was in California to film several cars for Bloomberg, but the
practical Model X was the main
conveyance between the shoots and the
subject of the biggest shoot. I used it to tool
from Los Angeles to Santa Barbara, through
the mountains and along the coast, winding
my way up to Big Sur and back again.
Last fall I had driven it a little around
downtown Los Angeles, in what was probably the most hyped car revelation of 2015,
but this was the first time I could really put
it to the test. The US$151,150 (RM589,485)
crossover I drove proved practical, reliable,
and capable on the road. It’s a great car. It
looks elegant and is the most technologically
advanced vehicle on the road today, by far.
Should you buy it? The answer depends on
just how committed you are to the all-electric lifestyle.
More on that in a second, but first, the
good stuff.
The power
Tesla’s seven-seat P90D is the most powerful
and most expensive version of the Model X
you can buy; a 90kWh battery gets 255 miles
(410km) on a full charge, with a dual motor
(D) arrangement that enables its all-wheel
drive. (The leftover “P” stands for performance.) It can go to 60mph (96kph) in 3.2
seconds, which beats the US$160,000 Porsche
Cayenne Turbo S by 0.6 seconds. On paper
it is the fastest production SUV available.
Total output is 762-equivalent horsepower.
That’s more than Bentley’s new Bentayga.
Push on the gas pedal, and the car surges
forward like a rocket in a silent movie — pure
thrust, no rattle. Tesla has used much of the
suspension, acceleration, and power technology from the excellent Model S, plus variable
ratio technology that adjusts steering to your
driving style and terrain. If you have driven
the sedan, the crossover, while taller, feels very
similar in its finesse. And yes, the US$10,000
Ludicrous Mode power-up is totally worth it.
The engineless ride is quiet, so quiet, in
fact, that at 40mph with the windows up, I
could hear crickets and frogs one night driving near Big Sur. The panoramic windshield
that extends from chest level over and behind my head held a panoply of stars. When
you operate the Model X, you’re piloting a
piece of technology rather than driving a
car. Everything else feels analog.
Except for its brakes — they could use
some finesse. Their regenerative capacities can be adjusted based on how smooth
you prefer them, with more efficiency (i e
more regeneration), meaning they feel more
abrupt. Although in any mode, they can feel
too light and late if hard-pressed.
The design, tech
Much has already been said of the Model
X’s pleasing design — and it’s all true. To my
eye, the subtle grill and smooth, soft roofline
seem understated, even generic, in a good
way. This is a better tactic than making an
The doors on the P90D the writer drove worked flawlessly and attracted lots of curious onlookers.
already progressive car even more difficult
for consumers to swallow by making it look
funky. (A Prius this is not.)
It remains low-key until you walk up to it:
The front doors swing open automatically as
you approach (with your key fob), sensors
stopping their swing shy of any neighbouring
cars. And once you open the falcon-wing side
doors, everyone wants to come have a chat.
No trouble here; I only wish they were as quick
and easy to use as a regular door that you can
slam shut — these require some patience as
you push a button and have to wait for them
to unfold along their twin hinges every time.
It’s only a couple of seconds, but like automatic trunks, it can feel sluggish.
The third row, of two seats, is indeed easier
to access than any car in the market. Storage
capacity is generous with two trunks, back
and front, plus a hidden subcompartment
that even professional valets failed to find
until directed to it.
The dominating feature inside, other than
that windshield, is the 17-inch touch screen in
the middle of the dash. The entire car might
as well be a shell for that command centre —
it’s your direct link to the car’s nervous sys-
tem. Despite past reports of glitchy freezing,
I experienced only flawless execution here.
Charging and navigation mix closely here
— when you use the excellent voice-recognition system, it routes you according to where
superchargers are located on your route. It
may not be the fastest way home (this, to
me, is a flaw), but it ensures you won’t run
out of juice. I almost never use cars’ internal
mapping and navigation systems after I run
them through their review paces — they are
often annoying and imprecise, if not plain
wrong — but I kept the one in the Model X
on the entire week. I loved it.
The electric lifestyle
What I didn’t love is that you are forced to
think about charging the Model X. Constantly. Especially if you, like me, are slightly obsessive about how much fuel your car has
at any given time.
And this is where you really have to think
hard about whether you want to jump into
owning an electric car.
If you charge a Model X at home over
night, every night, battery life probably won’t
ever be an issue for you — you get 255 miles
on a single charge, with a full-charge taking
around two hours. Tesla says the efficiency is
equivalent to 90mpg. But if you plan to use
the car for hours on hours every day, you’re
going to need to readjust your expectations
for defining personal mobility.
For instance: It was not fun to start a 340mile road trip to LA early one morning to
make a 10am business meeting. I estimated
that I’d have to charge the car once. I had to
charge it twice. I was more than a little late
by the time I arrived.
Likewise, the amount of charge you
have left in the battery can be deceiving, as
it doesn’t decrease at a stable rate. (Those
with iPhones will understand.) I once filled
my battery to 212 miles for a 205-mile trip,
but had to charge it again partway through.
Tesla says that driving style and conditions affect battery range. (Are you hard on
the accelerator? Do you blast the AC? Do you
swerve across lanes frequently and surge
past cars a lot? Is the weather freezing? Is the
wind blowing against you?) They certainly
do. The range listed on the Model X battery
should be taken as a general estimate rather
than an exact-to-the-mile reading.
The company has done a great job of
maintaining its clean, efficient, and freeto-use superchargers, and the mandatory
charging stops can be nice opportunities
to get coffee, make phone calls, or pay bills.
And you can make your charging sessions
only 10 or 15 minutes long, if you’re OK with
having more of them. But it’s an aspect of
owning a Model X that is something to think
about. There is no way getting around that
they take longer than a fill-up and are not
as convenient as your corner gas station.
That’s what I mean when I talk about “the
electric lifestyle.” When you own a Tesla, you
join the crew of people who think about their
mobility differently. If a “normal” luxury car
purchase is a statement of personal philosophy, progressiveness, status, and values,
the purchase of a Model X makes twice as
strong a statement.
Tesla has been smart to build a luxury
crossover SUV that falls into the most exciting
and profitable segment in the auto industry.
The Model X is capable and fast. But do you
want to join the tribe? — Bloomberg
The 17-inch computer screen inside the
Model X controls everything in the car,
from climate and navigation to ride
control and battery diagnostics.
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FO CU S 17
WE D N E SDAY MAY 4 , 2016 • T HEED G E FINA NCIA L DA ILY
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BMW’s hybrid SUV has all the power you want, plus a conscience
PHOTOS BY BLOOMBERG
BY H A NN A H EL L I OT T
THERE are many roads to automotive sustainability: electrics, hybrids, hydrogen,
turbo-boosting, and extremely lightweight
materials in body shells and components.
We can all end up at the same place, even
if we don’t take the same route.
Which is why you can feel good about
buying the 2016 BMW X5 xDrive40e. Sure,
hybrid technology is more a Band-Aid
than a solution to our reliance on fossil
fuels. But, baby steps, right? It’s the principle I respect.
Some advances in human civilisation
happen overnight. Some happen over years
after incremental growth. The BMW X5 hybrid falls into the latter category.
Plug-in priorities
The new BMW X5 hybrid is the dual-power
version of the brand’s popular large-sport
utility vehicle (SUV) series. It’s one of the
many new cars the German automaker has
implemented over the past year as part of
its plan to make a plug-in hybrid version of
each of its models.
I drove a silver one for a week in New
York as part of my daily life — to and from
the Bloomberg offices in Midtown, on Fort
Greene flea-market excursions in Brooklyn,
to deliver flowers and retrieve shoes from
friends in the West Village.
It’s a big rig — and at 5,220 pounds
(2,368kg), a heavy rig — but it’s still manageable as an urban conveyance. For instance,
its “Driving Dynamics Control” (chassis
control system that minimises body roll),
“Dynamic Damper Control” (intelligent
suspension), and “Servotronic” (power-assisted) steering worked exceptionally well
in tight traffic during morning rush hour. It
also fit well into West Village parking spots,
unlike what is often the case when I drive
large SUVs. If you want to assuage your guilt
at buying a luxury SUV and you prefer BMW
styling, technology systems, and generally
more rigid handling over Mercedes, Porsche,
or Audi, this is the one for you.
I should add: Navigating this particular
sector of the automotive market has more
to do with determining personal preference than with ascertaining any supreme
The BMW X5 xDrive 40e starts at US$62,100; roughly US$5,000 in federal tax credits,
are available.
superiority of one product over another. I
won’t say this BMW is abundantly better
than, say, the Audi Q5 Hybrid (US$52,500 or
RM204,750) or Mercedes GLE550e Plug-In
Hybrid (US$65,550), but at US$62,100, minus
roughly US$5,000 in federal tax credits, it is
priced fairly and more than equal to them
as a choice for modern SUV drivers with a
conscience.
If you need those signature kidney grills,
a very tightly dialed xDrive all-wheel-drive
system, the fat steering wheel feel, plenty
of non-metallic paint options, and Xenon
headlights with corona-like rings around
them and light-emitting diode fog lights,
buy the X5 hybrid. They help make this car
distinctive — and distinctively BMW.
The same strong tank
Not too much on the outside distinguishes
it from BMW’s regular X5, other than a few
small badges and the small charging socket
toward the front. As with every other BMW,
you’re in good hands here: The company
excels at making all its vehicles on the same
level when it comes to design and offerings.
The hybrid is no different.
Inside, I was pleased to find ample
standard luxury accoutrements: ambient
lighting, well-bolstered and three-stage
heated front seats, smooth poplar trim,
and a fully finished (if diminished, so as
The three modes of the SUV’s platform allow you to determine how
efficiently it runs.
to make room for the batteries) cargo area.
Standard, too, is BMW Group’s excellent iDrive system (it’s so good they use it in
Rolls-Royces), with park distance control,
rain-sensing wipers, ambient lighting, and
the BMW Navigation system, among other
things, on a 10.2-inch high-resolution screen.
It all works with the efficiency, expediency, and engineering elegance that we admire
in many German brands. If you’ve been in
a BMW SUV in the past few years, you can
imagine the interior of this one. Nothing
new to see here, move along.
Plenty of pep
The X5 hybrid uses a 2.0-litre, four-cylinder
engine and a lithium-ion-powered motor —
the same that is in the electric motor and
power electronics in the excellent BMW i8.
It’s very fast: The engine gets 308 horsepower
and 332 pound-feet of torque, which push it
to 60mph (96kph) in 6.5 seconds. The conventional X5 xDrive35i does it in as fast as
6.1 seconds. Not too shabby.
All-wheel drive comes standard, and
the eight-speed transmission is as flawless
as the one on the 3-Series. Driving it feels
much tighter in the steering and brakes and
it feels more responsive to the accelerator,
than, say, Tesla’s new US$132,000 Model X
SUV, which I just spent a week driving in
California. Even though it’s a hybrid, this
X5 is still blessedly analogue to drive.
Under the hood, a full charge on the battery
buys you nearly 20 miles; you will not notice
when it switches to running on gas. In fact, if
you drive the X5 Hybrid, you could very much
be driving the X5 xDrive35i. There’s no discernible difference. Most people who jump
in don’t ever realise it’s a hybrid.
The power train has three modes: Auto, for
efficiency; Max, for electric only; and Save, for
raising the battery charge. Fuel economy depends on how aggressively you drive and how
high you crank the air conditioning, among
other things. (Nearly 56mpg in electric and
gasoline driving combined and 24mpg on
just gas are general estimates.) It’s also determined by how often you charge it. (More
charging equals better economy.)
Today’s relatively low gas prices don’t do
quite as good a job justifying the inconvenience that a ton of electric-only driving would
entail, and they don’t help justify the slight
price premium of hybrids over conventional cars. That could change, and to my mind
the BMW X5 xDrive40e is a fair proposition.
In fact, the best thing that I can say about
the X5 xDrive40e is that it is virtually unremarkable when compared to other SUVs of
its calibre. It well follows the “ultimate driving machine” mantra we hear so often from
BMW. For the eco-conscious among us, it is
a step in the right direction. — Bloomberg
“Through long experience, Toyota engineers have found that driving conditions in
Malaysia can be quite demanding. The weather conditions are usually hot and vehicles
travel long distances at high speeds. These
can have an effect on operating temperatures
of the engine so programming of the ECU
(engine control unit) is usually adjusted to
keep the engine cool,” he explained, adding
that such specific programming is only done
for units that are specifically destined for Malaysia and imported by UMW Toyota Motor,
which is the sole and authorised importer
and distributor for Toyota vehicles.
All-new Toyota Alphard and
Vellfire available soon
UMW Toyota Motor Sdn Bhd announced
during a media event earlier this year that
the Toyota line-up in Malaysia will be joined
by the all-new Toyota Alphard and Toyota
Vellfire. The company will be importing the
two models direct from Toyota Motor Corp
(TMC) in Japan and there will be two variants of the Alphard (Alphard 3.5 Executive
Lounge and Alphard 3.5) and one variant
of the Vellfire.
Customers who wish to be among the
first to own these two luxury multipurpose
vehicles (MPVs) can now register at all UMW
Toyota Motor branches and authorised Toyota dealers nationwide.
Both models will come with a full factory
warranty for a period of five years and unlimited mileage. Owners are also assured of
complete and qualified aftersales support,
including parts, from any authorised Toyota
service centre in Malaysia.
Powering the Alphard is a 3.5-litre V6 engine, while the Vellfire has a 2.5-litre 4-cylinder engine, both equipped with Toyota’s
Dual VVT-i system for optimum performance
and fuel efficiency with low emissions.
Active and passive safety systems that
are provided as standard include the 7 SRS
airbags, an anti-lock braking system with
electronic brakeforce distribution and brake
assist, plus vehicle stability control and traction control.
Both models have a generous range of
luxury equipment and the Alphard 3.5 Executive Lounge includes VIP power seats
with internal cooling for extra comfort. This
variant also comes with a premium sound
system equipped with 17 speakers by JBL.
On the addition of the large MPVs to the
local Toyota line-up, Datuk Ismet Suki, president of UMW Toyota Motor, said “We realise
that many Malaysians like these models as
they are ideal for corporate companies to ferry
their important guests and those with large
families who like going around together. As
such, we have decided that we should also
include these models in our range.”
On the differences between the vehicles
imported and sold by UMW Toyota Motor
and those which are imported by other parties from dealers in Japan, Akio Takeyama,
deputy chairman of UMW Toyota Motor,
said that there are some technical differences
which are important to owners.
18 W O R L D B U S I N E S S
HalliburtonBaker
blow-up
reverberates
beyond oil
BY KEVI N A L L ISON
CHICAGO: The blow-up of Halliburton Co-Baker Hughes Inc
will reverberate beyond the
energy patch. The promised
merger of two of the world’s
top oil services companies is
the latest mega deal foiled by
regulatory pressure this year,
after Pfizer Inc’s US$160 billion
(RM627 billion) bid for Allergan plc. Baker Hughes pockets a US$3.5 billion payment
for its efforts, at Halliburton
owners’ expense. Punishing
Halliburton’s boss and board
would yield a more enduring
lesson in mergers and acquisitions hubris.
Investors were already pricing in failure for the deal, valued at US$35 billion when it
was agreed in November 2014.
Baker Hughes shares finished
last week trading 26% below
Halliburton’s cash-and-shares
offer. Even the thwarted acquirer’s shares held up despite the
colossal break fee, reflecting
the market’s anticipation of
failure all along.
That doesn’t mean there
shouldn’t be a reckoning. Baker
Hughes boss Martin Craighead
ought to emerge unscathed.
The saga wasted management
time, but playing hard to get
when Halliburton came courting has proven wise. Baker
Hughes plans to buy back stock
and pay down debt, thanks to
negotiating the largest cash
break fee ever. That will go
some way towards numbing
the pain of the US$980 million
net loss the company suffered
in the first quarter as the slump
in oil drilling activity worsened.
Halliburton chairman and
chief executive officer (CEO)
David Lesar, on the other hand,
emerges a loser for his poor
reading of the antitrust zeitgeist. The promise of US$2
billion of annual cost savings
might have made the huge
break fee seem worth the risk
at the time. Yet having agreed
to pay away most of the present
value of those savings to Baker
Hughes shareholders to clinch
the deal, he is now handing
over cash worth more than the
next three years of Halliburton’s expected net profit to a
leading competitor.
Lesar already forwent his
2015 bonus because of Halliburton’s poor financial performance. Another zero this
year might start to restore some
lost credibility — and might
make other empire-building
CEOs think twice before getting
caught up in merger mania.
Stricter sanctions, including
a rethink of Lesar’s job, would
more effectively reinforce the
point. — Reuters
HSBC’s net profit
falls 18% in 1Q
Hit by ‘extreme levels’ of volatility in world markets
BY DENNIS C HO NG
A filepic of a HSBC branch
in Hong Kong. The first
two months of the year
saw ‘reduced client activity’
in foreign exchange and
stocks, the bank said in its
report. Photo by Reuters
HONG KONG: HSBC’s net profit fell
by a fifth in the first quarter (1Q)
as it was hit by “extreme levels” of
volatility in world markets over January and February, with bad loan
costs almost doubling.
Equity and currency markets
from Asia to the Americas were sent
into meltdown at the start of the
year as a growth slowdown in China and plunging oil prices fanned
HSBC
Net profit/loss
$ billions
5.3
4.4
5.2
4.3
-1.3
Q1
2015
Q2
Q3
Q4
Q1
2016
Source : HSBC
concerns about the world economy.
But group chief executive officer
Stuart Gulliver said: “Our first-quarter performance was resilient in
tough market conditions that affected the entire banking sector.”
The first two months of the year
saw “reduced client activity” in
foreign exchange and stocks, with
a partial recovery in March, the
bank said in its report.
In a statement to the Hong Kong
Stock Exchange the banking giant
said net profit fell 18% to US$4.3 billion (RM16.86 billion), while revenues
were down 4% at US$13.91 billion.
Charges for bad loans surged
US$692 million to US$1.16 billion
year-on-year, related to the oil and
gas, and metals and mining sectors, Gulliver added, although he
described the rise as “anticipated”.
However, pre-tax profits beat its
own estimates, and bank chiefs said
it was on track to reach cost targets
after a radical overhaul announced
last year.
The news sent shares in the
firm rallying 1.54% to HK$52.60
(RM26.58) yesterday afternoon,
having been 1.7% down going into
the break. — AFP
BP drops US$1b oil spill fight
BY LAUREL BRUBAKER CALKINS
& M ARGARE T C RO NI N FI S K
DETROIT: After fighting for more
than two years to avoid paying almost US$1 billion (RM3.9 billion)
in oil spill damages to Gulf Coast
shrimpers, oystermen and seafood
processors it claimed didn’t exist,
BP plc has thrown in the towel.
A federal judge in New Orleans
on Monday allowed BP to drop
its bid to avoid paying the second
half of US$2.3 billion in compensation promised to seafood interests
harmed by the blown-out well. The
subsea gusher pumped more than
four million barrels of crude into
the Gulf of Mexico in 2010, closing
fisheries and blackening the shores
of five states.
BP claimed lawyers negotiating
on behalf of the seafood industry
fraudulently inflated the number
of Southeast Asian immigrant fishermen and boathands claiming
damages from the spill. The overstatement jacked up BP’s settlement
by hundreds of millions of dollars,
the company claimed.
BP had paid out about US$1
billion of the seafood fund when
it balked at paying the remainder
after discovering irregularities in
one law firm’s client list. The seafood payout is a separate earmark
within BP’s larger settlement of all
spill-related economic and property
damage claims, which the company
said in an April 26 earnings statement will now cost “significantly
higher” than US$12.9 billion.
Mikal Watts, a Texas attorney,
was indicted last year for allegedly
lying about representing more than
40,000 mostly Vietnamese American
boat captains and crew members in
spill claims against BP. — Bloomberg
France says EU-US trade pact talks likely to stop
PARIS: Negotiations for a vast United
States (US)-European Union (EU)
trade pact, which aims to create a
free trade zone covering 850 million
people, are likely to grind to a halt
because of Washington’s reluctance
to make concessions, a top French
trade official warned yesterday.
“In view of the United States’
state of mind today, that seems to
be the most likely option,” minister
of state for trade Matthias Fekl told
French radio when asked if the
talks on a Transatlantic Trade and
Investment Partnership, which
began in 2013, could stop.
Fekl’s comments reflect deep suspicion in Europe that the deal will
erode ecological and health regulations to the advantage of big business.
Washington and Brussels want the
mega deal completed this year before
US President Barack Obama leaves
office, but it has faced mounting opposition on both sides of the Atlantic.
On Monday, environmental
pressure group Greenpeace released a trove of leaked documents
about the closed-door negotiations,
charging that a deal would inflict a
dangerous lack of standards on US
and European consumers.
However, the European Commission, which negotiates trade deals on
behalf of the 28 EU member states,
said Greenpeace was “flatly wrong”
in its interpretation of the documents.The Greenpeace leak was a
“storm in a teacup,” Brussels said.
US officials also hit back at Greenpeace with the US Trade Representative saying: “The interpretations
being given to these texts appear
to be misleading at best and flat out
wrong at worst.” — AFP
IN BRIEF
Yingli slumps after
solar company warns
of bankruptcy risk
NEW YORK: Yingli Green Energy Holding Co Ltd, once the
world’s biggest solar manufacturer, plunged the most in
more than seven months after
signalling it may be teetering
towards bankruptcy. Yingli declined 21% to US$3.60 (RM14)
at the close in New York, the
most since Sept 29. That followed an 8.1% drop last Friday
after the Chinese solar company acknowledged “substantial
doubt as to its ability to continue as a going concern.” Yingli
said last Friday that it was still
in talks with creditors about repaying loans due in two weeks,
and its losses for 2015 probably
would widen because of a series
of write-offs, the sliding price of
solar panels and declining shipments caused by a shortage of
working capital. — Bloomberg
India thwarts Apple’s
plan to sell cheaper
refurbished iPhones
BANGALORE: India has rejected Apple Inc’s request to import
and sell refurbished iPhones to
the world’s second largest mobile population, dealing a blow
to its plans to court price-conscious consumers there. The
United States company’s application has been turned down, a
telecommunications ministry
official told reporters in New
Delhi yesterday, declining to
be identified because of official
policy. The decision — the second time the company has been
refused by the government in as
many years — involved several
ministries as well as the Prime
Minister’s Office. — Bloomberg
Deutsche Bank Americas
chief Brand said to jump
to PJT Partners
SEATTLE: Jacques Brand, the
veteran Deutsche Bank AG
dealmaker who oversees its
business in the Americas, is
leaving to join merger-advisory
firm PJT Partners Inc, according
to a person briefed on the move.
Brand informed Deutsche Bank
he’s stepping down as the region’s chief executive officer
(CEO) to pursue another opportunity, co-CEOs John Cryan
and Juergen Fitschen said on
Monday in a statement, without indicating where he’s going. The Frankfurt-based bank
will name a successor “in due
course”, they said. — Bloomberg
Philips to list lighting
division after
finding no buyer
AMSTERDAM: Royal Philips NV
said it will list its lighting division after searching for a buyer
for the business for the past half
year. Philips plans to sell at least
25% of shares of the unit in Amsterdam, the company said in a
statement yesteday. The company aims to sell the remaining
shares in the coming years. Eric
Rondolat will remain as chief
executive officer of the unit with
Rene van Schooten as chief financial officer. — Bloomberg
W O R L D B U S I N E S S 19
WE D N E SDAY MAY 4 , 2 016 • T HEED G E FINA NCIA L DA ILY
Manulife US REIT seeks up to US$470m in IPO
BY JOYCE KOH & REGINA TAN
SINGAPORE/HONG KONG: Manulife Financial Corp, Canada’s largest life insurer, will seek as much as
US$470 million (RM1.83 billion) in
its second attempt at a Singapore
initial public offering (IPO) of its
US properties as it tries to entice
investors with dividend yields higher than some of its peers.
Manulife US REIT (real estate investment trust), backed
China
manufacturing
weakens in
April — private
survey
by three office buildings in Los
Angeles and Atlanta, will offer
566 million units at 82 to 83 US
cents apiece, according to a prospectus filed yesterday with the
city-state regulator. The trust will
offer a dividend yield of as much
as 6.7% for this year and 7.2% for
2017, the filing said.
The offering will be Singapore’s
first initial share sale above US$100
million since BHG Retail REIT
raised US$194 million in Novem-
ber. A successful listing will give a
boost to the city state’s exchange,
which had the smallest haul of IPOs
among the region’s four largest
stock markets in 2015.
“It’s good to launch this IPO now
since market sentiment has improved,” Margaret Yang, a strategist
at CMC Markets in Singapore, said
by phone. “It has been a long time
since we’ve seen a big IPO. This
will help improve confidence in
the Singapore market.”
Manulife US REIT delayed its
IPO in July last year, citing volatile
market conditions. It has previously
offered an estimated 6.3% dividend
yield for 2016.
The trust, which planned to start
taking orders as early as yesterday,
will sell about 35% of the institutional offering to cornerstone investors, people with knowledge
of the matter said, asking not to
be identified as the information is
private. — Bloomberg
Australia cuts interest
rates to 1.75%
China PMI
Purchasing managers’ index
Measures the rate of change
compared to previous month
50 = no change
55
50
49.4
Historic low triggered by lower-than-expected inflation
Apr
49.4
48.3 48.2
48.9
48.0
47.1
45
A
J
2015
A
O
D
F
A
2016
Source : Caixin
BEIJING: China’s factory activity weakened further in April,
a private survey indicated yesterday, as muted demand and
market weakness hit the struggling export-oriented sector.
The Purchasing Managers’
Index by Caixin, which tracks
activity in the country’s factories and workshops, fell to 49.4
for April, a 0.3-point drop from
the month before and the 14th
consecutive month of decline.
A reading above 50 signals
expanding activity, while anything below indicates shrinkage.
He Fan, chief economist at
Caixin Insight Group, said all of
the index’s categories worsened
month-on-month, indicating
that the world’s second-largest
economy “lacks a solid foundation for recovery and is still in
the process of bottoming out”.
“The government needs to
keep a close watch on the risk
of a further economic downturn,” he added.
The key manufacturing sector
has been struggling for months
in the face of sagging global demand for China products.
The Caixin figures showed
that new export work fell for the
fifth straight month and factories continued to shed workers, it said.
The figures were darker
than official data released on
Sunday, which showed expansion for the second successive
month at 50.1. — AFP
SYDNEY: Australia’s central bank
cut interest rates by 25 basis points
to a historic low of 1.75% yesterday,
with the move triggered by lower-than-expected inflation, sending
the currency lower.
The Reserve Bank of Australia
(RBA) had remained on hold for
the past year, having already lowered borrowing costs in an effort to
spur growth as the economy exits
an unprecedented mining boom.
Governor Glenn Stevens said the
board now considers another cut
appropriate following “information
showing inflationary pressures are
lower than expected”.
“The board judged that prospects for sustainable growth in the
economy, with inflation returning
to target over time, would be improved by easing monetary policy
at this meeting,” he added.
The Australian dollar fell more
than 1% on the news, dropping to
75.84 US cents.
“The RBA’s decision to cut rates
will keep a lid on further appreciation in the Australian dollar, and
increases the likelihood that we
Filepic of the RBA in Sydney. The central bank says it is likely to follow up with another
rate cut in the near term. Photo by Bloomberg
have seen a peak for the currency,”
ANZ Research said in a note.
ANZ added that “the bank is
likely to follow up with another
rate cut in the near term”.
Inflationary data released late
last month showed that Australian
consumer prices fell in January to
March for the first time since 2008
during the global financial crisis.
For the year to March, inflation
came in at just 1.3%, well down
from the 1.7% hike over the year
to December.
The RBA, which targets an underlying rate of 2% to 3%, said yesterday the economy appeared to be
rebalancing following the mining
investment boom.
“GDP (gross domestic product)
growth picked up over 2015, particularly in the second half of the
year, and the labour market improved,” Stevens said. — AFP
Who cares who invented bitcoin?
BY R ICHARD BE ALE S
NEW YORK: It really shouldn’t
matter who conceived of bitcoin.
There’s historical curiosity, of
course, and a legacy of sorts for the
way in which one or more people
showed vision, and coding smarts
to create the cryptocurrency and
related technology, particularly
the blockchain ledger. It’s all now
supposed to have a life of its own,
however. If it didn’t, it would defeat
the purpose.
Australian technology entrepreneur Craig Wright’s claim to be bitcoin’s creator should therefore be
immaterial to its future. Some are
sceptical about this latest Satoshi
Nakamoto, the mastermind’s nom
de code. The last person to be unmasked as the inventor — Dorian
Nakamoto of California — denied
the connection.
Bitcoin as a currency gets its appeal because of a predefined and limited supply, which gives it immunity
from the whims of virtual monetary
policymakers, unlike government-issued fiat money. And blockchain
technology allows the majority of
bitcoin users to decide upon the
accuracy of a ledger of past transactions, a method of near-instant
trade confirmation that’s viewed as
foolproof and tamper-proof. That is
of great interest to banks and others
in the financial industry.
If it came out that bitcoin’s creator was a crook or a government
agent, for example, it might set back
the credibility of the protocols and
software involved, even though
they’re available for all to examine.
That aside, though, the technology
is now — as far as anyone can tell
— controlled by the global bitcoin
community, not by any individuals. Perfect anonymity, although
associated with dealings in bitcoin,
isn’t actually something claimed by
most of its proponents.
For anyone interested in bitcoin’s
value, however, there is a caveat. The
creator probably has a big personal stash — maybe up to one million bitcoins, worth about US$440
million (RM1.72 billion). That may
explain why police raided Wright’s
home and office after he was named
by Wired magazine in December.
Whoever Nakamoto may be, any
quick sale of a big sum could torpedo
the price of bitcoin. That, however,
would be a market problem, not a
technological one. — Reuters
IN BRIEF
BMW’s first-quarter profit
falls 2.5% on
development spending
MUNICH: BMW AG’s profit declined 2.5% in the first quarter
on investment in new technologies like self-driving cars to
defend its status as the world’s
biggest maker of luxury vehicles. Earnings before interest
and taxes slipped to €2.46 billion (RM11.21 billion) from
€2.52 billion a year earlier, the
Munich-based manufacturer
said yesterday in a statement.
The figure fell short of the €2.52
billion average of eight analyst
estimates compiled by Bloomberg. Profit from automaking
narrowed to 9.4% of revenue,
from 9.5% in the first quarter
last year. “The decisive factor
for us is not short-term profit, but sustainable, profitable
growth,” chief executive officer Harald Krueger said in
the statement. — Bloomberg
China’s statistics bureau
halts some commodity
data amid probe
BEIJING: China has suspended
the release of output data for
several key commodities amid
a crackdown on the illegal sale
of state statistics by government officials, raising further
concerns about transparency
in the world’s second-largest
economy. With China’s economic growth at a 25-year low,
the lack of such data makes it
increasingly difficult for economists to gauge the strength of
local demand as Beijing tries to
avert a faster slowdown. Key
monthly output numbers for
several oil and metal products
over the first quarter have still
not been published, and the
National Bureau of Statistics
has also failed to release regional data for products like
coal, steel and electricity since
the turn of the year. — Reuters
Lufthansa flies into the
red in 1Q
FRANKFURT: German airline
Lufthansa said yesterday oneoff effects and price pressures
pushed it into a loss in the first
three months of the year, but it
was nevertheless sticking to its
full-year targets. Lufthansa said
in a statement that it booked a
net loss of €8 million (RM36.47
million) in the period from January to March, compared with
a profit of €425 million a year
earlier. But the airline pointed
out that the year-earlier figure
had been boosted by one-off
financial gains. — AFP
ANZ posts biggest
earnings drop since 2008
SYDNEY: Australia’s No 4 lender, ANZ Banking Group, yesterday posted its biggest half-yearly decline in cash profit since
2008, and slashed dividends for
the first time in seven years on
rising corporate defaults triggered by a mining downturn.
The result marks the end of six
years of record profits for ANZ
and comes a day after Westpac
Banking Corp missed earnings
forecasts. — Reuters
20 WORLD
‘EU to propose visa-free
travel for Turks today’
After Ankara threatens to walk away from a migration agreement
BRUSSELS: The European Union
(EU) executive will propose today
relaxing visa requirements for Turks,
two sources said, after Ankara threatened to walk away from a migration
agreement unless the EU eased travel
rules for Turkish citizens.
The 28-nation EU depends on
Ankara’s cooperation to maintain
a March agreement that has helped
stem the flow of refugees and migrants arriving from Turkey, which
saw more than a million people
reach Greece and Italy last year.
Liberalising visa rules for Turkey,
a Muslim country of 79 million people, is a contentious issue among
EU states. But Brussels is pressing
ahead so it can keep the migration
accord in place, as Europe struggles
with its worst migration crisis since
World War Two.
An EU official and a source close
to the negotiations between Brussels
and Ankara said a meeting of the
EU’s executive European Commission today will propose easing the
visa requirements.
The second source said a preparatory meeting on Monday backed the
move before the EU Commission
discusses the matter today.
Turkey is supposed to fulfil 72 requirements to win visa liberalisation,
and an EU official said on April 21
that Ankara has satisfied fewer than
half of them.
However, the second source said
on Monday that Turkey has since met
many more, though it was clear it
would not tick all 72 by today.
An EU diplomat said separately
on Monday that Turkey was now
meeting 65 of the benchmarks. The
diplomat said it was wrong to only
adopt a “quantitative approach” to
progress on them.
It was not clear whether the 65
had been met completely or only
partly, but the swift change shows
Brussels is striving to provide more
lenient travel rules, which would
still not allow Turks to work or stay
in the EU longer than three months.
European Commission spokesman Mina Andreeva earlier on Monday highlighted progress on the Turkish side: “Turkey has made a lot of
efforts over the past weeks and days
to meet the criteria, including for
example ... on access to the labour
market for non-Syrian refugees.”
Among the biggest obstacles
are Ankara’s refusal to recognise
EU member Cyprus and its patchy
record on civil and minority rights,
freedom of expression and the rule
of law.
Refugee sets
herself alight
at Australia’s
Nauru camp
CANBERRA: A refugee who set
herself on fire on the Pacific island of Nauru after being sent
there by Australia was in a critical condition yesterday, just
days after an Iranian man died
in a similar act of self-harm.
Australian Immigration Minister Peter Dutton said the incident happened on Monday
and the behaviour of those detained on the small island —
where Australia sends asylum
seekers arriving by boat — was
intensifying.
But he stressed that “no action ... will cause the government to deviate from its course”.
Under a much-criticised
policy, Canberra sends all asylum seekers arriving by sea to
camps on Nauru and Papua
New Guinea and denies them
resettlement in Australia even
if they are found to be genuine
refugees.
Dutton said after the “distressing” incident, reportedly
involving a 21-year-old Somali, the woman had been transferred to a hospital in Australia.
Last week, a 23-year-old Iranian man known as Omid set
fire to himself on Nauru during
a visit by United Nations representatives, an act the Nauru
government said was a “political protest”.
He was airlifted to Australia with severe burns, but died
last Friday.
Under Australia’s policy,
those found to be refugees can
be settled in Papua New Guinea
or Cambodia, with Nauru already home to some 700 refugees, Dutton said. Asylum seekers can also choose to return
to their home country. — AFP
IN BRIEF
Air strikes hit Islamic
State stronghold in
Syria — monitor
BEIRUT: More than 35 air strikes
hit Islamic State’s (IS) de facto capital in Syria overnight,
killing at least 13 people and
wounding many in the city of
Raqqa, the Syrian Observatory for Human Rights said. The
monitoring group said it did not
know if the planes were Russian
or belonged to the international coalition led by the United
States which is attacking IS in
Syria and neighbouring Iraq.
At least five members of the ultra-hardline militant group died
in the attacks, the Observatory
added. Russia’s ambassador to
the United Nations in Geneva
was quoted as saying last Friday
that Syria’s army was planning
to attack Raqqa, backed by the
Russian Air Force. — Reuters
80 countries to attend
world aid summit to
confront global crises
NEW YORK: Some 80 countries
so far are planning to attend the
first-ever World Humanitarian
Summit in Istanbul this month
to rethink how to confront global
crises, the United Nations (UN)
aid chief said on Monday. Among
those, 45 will be represented by
their heads of state or heads of
government who will be asked
to pledge funds and make commitments for action during the
May 23 to 24 summit. Stephen
O’Brien, the UN under-secretary
general for humanitarian affairs,
said he found the turnout “so
far encouraging”, even though it
amounts to fewer than half of the
UN’s 193 member-states. — AFP
Russian creator of
malware ordered to
pay US$6.9m
MOMENTOUS VOYAGE ... US Carnival cruise ship Adonia arriving at the Havana Bay, Cuba on Monday. It’s the first
cruise liner to sail between the United States and Cuba since Cuba’s 1959 revolution. It’s another first for the two countries since US
President Barack Obama and Cuban President Raul Castro announced a historic rapprochement in December 2014, and comes weeks
after Obama’s visit to the Caribbean island. Photo by Reuters
Toddler rescued 4 days after
Kenya building collapse
NAIROBI: Kenyan rescuers pulled an
18-month-old toddler alive from the
rubble of a six-storey building yesterday, four days after the block collapsed killing 23 people, police said.
“Good news!” Kenya Red Cross
said. “A child aged about one and
half years rescued alive at 0400
hours (0100 GMT) and referred to
Kenyatta National Hospital.”
The Red Cross said the little girl
was found “in a bucket wrapped in
a blanket” and was dehydrated but
without visible physical injuries.
She had been there for 80 hours
since the building, which was home
to 150 families crammed into single
rooms, collapsed last Friday night.
Nairobi police chief Japheth
Koome called it a “miracle” and
said the emergency services were
continuing their rescue efforts.
Police said the death toll from
the tragedy rose to 23 yesterday
after two more bodies were found.
Located in the poor, tightly-packed Huruma neighbourhood,
the building had been slated for
demolition after being declared
structurally unsound.
But an evacuation order for the
structure, which was built near a
river just two years ago, was ignored.
Five people were to appear in
court yesterday to face manslaughter charges over the incident.
Several buildings have collapsed
in recent years in Nairobi and other Kenyan cities, where a property
boom has seen buildings shoot up
at speed, often with scant regard
for building regulations.
The deaths in Huruma bring to at
least 30 the number of people who
have died in Nairobi since the weekend in accidents linked to floods
caused by torrential rains. — AFP
NEW YORK: A Russian man
who spent about three years behind bars in the United States
for creating the computer malware known as Gozi was ordered
on Monday to pay US$6.9 million (RM26.91 million) to cover
losses to bank customers, but
spared further US prison time.
Nikita Kuzmin, 28, could have
received more prison time but
was sentenced to time served at
a hearing in Manhattan federal
court, prosecutors said in a statement. He was jailed in August
2011 and held for 37 months
before authorities released him,
for reasons that remain unclear.
— Reuters
US woman sues Starbucks
for US$5m over ice in
cold drinks
WASHINGTON: A Chicago
woman is suing Starbucks for
more than US$5 million (RM19.5
million), claiming the coffee giant is underfilling its popular
hand-blended iced coffee, tea
and other drinks, making customers overpay for beverages. In
a lawsuit seeking a jury trial and
class action status, alleging false
advertising and consumer fraud,
Stacy Pincus accuses Starbucks of
serving its customers “much less
than advertised — often nearly
half as many fluid ounces.” — AFP
W O R L D 21
REUTERS
Baidu CEO summoned
over student’s death
In a joint investigation among China authorities
Corruption
probe
requested
against
Rousseff ’s rival
BRASÍLIA: Brazil’s chief prosecutor asked the Supreme
Court on Monday to authorise
a corruption investigation of
opposition leader Aecio Neves
(pic), one of embattled President Dilma Rousseff ’s top
rivals.
Chief prosecutor Rodrigo Janot wants to investigate
Neves over allegations he
took bribes from a corruption
scheme at a state electric company, a case linked to a wider
scandal centred on state oil giant Petrobras that is also hurting Rousseff ’s political future,
an adviser to the prosecutor
told AFP.
The case stems from accusations by Senator Delcidio do
Amaral, who agreed to cooperate with investigators after
being arrested in the Petrobras probe.
He said Neves received
bribes from a corruption
scheme at electric company
Furnas that allegedly worked
in much the same way as the
Petrobras operation.
In that case, investigators
say construction firms bribed
corrupt Petrobras executives
and politicians to let them divvy up contracts with the company and overbill it by billions
of dollars.
Neves’s office said the senator had done nothing wrong.
“References to Senator Aecio’s name are all based on
hearsay, there is no proof or
evidence of any irregularity,”
an adviser told journalists.
“These are old questions
that have already been the
subject of previous investigations, which were thrown out,
or questions that have no relation to the senator.” — AFP
BEIJING: The head of Chinese
search giant Baidu has been summoned by the country’s authorities, reports said yesterday, as
the firm faces a barrage of criticism over the death of a student
who used it to search for a cancer
treatment.
Wei Zexi, a 21-year-old college
student, had already been diagnosed as having a terminal soft tissue disease when his family found
an experimental immunotherapy
treatment via a Baidu search.
He spent more than 200,000
yuan (RM121,650) on the therapy,
which failed, he said in a posting
on zhihu.com, a Chinese question-and-answer forum, in February before he died. He had borrowed money to cover his costs.
Wei accused the hospital of exaggerating the treatment’s efficacy and accused Baidu of ranking
medical information search results
by the amount paid by advertisers,
denouncing it as “evil” and warning other cancer patients “not to
be cheated”.
Baidu says it differentiates paid
entries in its search results.
But amid mounting public anger,
the Cyberspace Administration of
China said in a statement that it had
launched a joint investigation with
the country’s health authorities
and business regulator into Baidu.
The company’s chief executive
officer (CEO) Robin Li has also been
asked by the Internet regulator to
answer queries, the Economic Information Daily, which is owned
by the official Xinhua news agency,
yesterday quoted unnamed sources as saying.
“Baidu has been operating in
a grey area where the rule of law,
business profits and public interests are intertwined,” a columnist
wrote yesterday in the Global Times
newspaper, which is close to the
ruling Communist Party.
“Baidu must face discipline by
authorities for its unscrupulous
activities driven by desire for profits,” it added.
Baidu “welcomed” the probe
and said it will “fully cooperate”
with the investigators to “leave no
chance for false Internet information or violation of the law”, the
state-run China News Service said
in a report on Monday. — AFP
Solar-powered plane lands in Arizona
BY STEV E GOR M AN
LOS ANGELES: A solar-powered
airplane midway through a historic bid to circle the globe completed the 10th leg of its journey on
Monday, landing in Arizona after
a 16-hour flight from California,
the project team said.
The Swiss team flying the aircraft
in a campaign to build support for
clean energy technologies hopes
eventually to complete its circumnavigation in Abu Dhabi, where
the journey began in March 2015.
The spindly, single-seat experimental aircraft, dubbed “Solar Impulse 2”, arrived in Phoenix shortly
before 9pm, following a flight from
San Francisco that took it over the
Mojave Desert.
The flight would have taken a
conventional airplane just two hours,
but the solar craft’s cruising speed,
akin to that of a car, required pilots to
take up meditation and hypnosis in
training to stay alert for long periods.
Occupying the tiny cockpit for
the trip was project co-founder Andre Borschberg, who alternates with
fellow pilot Bertrand Piccard at the
controls for each segment of what
they hope will be the first roundthe-world solar-powered flight.
Borschberg was the pilot for the
Detectives, who arrived in the
remote spot, soon punctured the
theory of divine intervention.
“When our officers arrived they
saw that the ‘fallen angel’ was just
a doll, it was a sex toy,” local police
chief Heru Pramukarno told AFP.
Villager Pardin, who like many Indonesians goes by one name, found
US warns Russia it will
defend allies as Nato
command passes
STUTTGART: US Defense Secretary Ash Carter warned yesterday that the North Atlantic Treaty Organization (Nato)
would defend its allies against
Russian “aggression” as he presided over the passing of the alliance’s European command to
a new general. Carter said Nato
would “keep the door open for
Russia” for cooperation on global security challenges if Moscow
abandoned its “sabre-rattling”.
“But it’s up to the Kremlin to
decide. We don’t seek a cold,
let alone hot, war with Russia.
We don’t seek to make Russia
an enemy,” he said. “But make
no mistake, we will defend our
allies, the rule-based international order and the positive
future it affords us.” — AFP
‘Enemy fire’ kills
coalition service member
in northern Iraq
BAGHDAD: A service member
with the US-led coalition fighting the Islamic State group was
killed by enemy fire in northern
Iraq yesterday, the coalition
said in a statement. “On May 3,
2016, a coalition service member was killed in northern Iraq
as a result of enemy fire,” the
statement said, without specifying the service member’s nationality. US Defense Secretary
Ash Carter said he believed the
service member was American.
“There are reports now that
an American service member
has been killed in Iraq [in] the
neighbourhood of Arbil,” Carter said, citing “preliminary reports”. — AFP
Obama still undecided
about Hiroshima visit
Solar Impulse 2 flying over the Golden Gate Bridge in San Francisco on April 23.
The Swiss team flying the aircraft hopes eventually to complete its circumnavigation
in Abu Dhabi, United Arab Emirates. Photo by Reuters
Japan-to-Hawaii trip over the Pacific last July, staying airborne for
nearly 118 hours.
That shattered the 76-hour world
duration record for a non-stop, solo
flight set in 2006 by the late American adventurer Steve Fossett in
his Virgin Atlantic Global Flyer. It
also set new duration and distance
records for solar-powered flight.
The feat, however, dealt a setback
to the Solar Impulse, which suffered
severe battery damage, requiring
repairs and testing that grounded
it in Hawaii for nine months.
Piccard completed the trans-Pacific crossing last month, reaching
San Francisco after a flight of nearly
three days, more than three times
the 18 hours Amelia Earhart took
to fly solo from Hawaii to California
in the 1930s.
The biggest difference is that the
propeller-driven Solar Impulse flies
without a drop of fuel, its four engines powered solely by energy collected from more than 17,000 solar
cells built into its wings. — Reuters
Indonesian villagers ‘mistook sex toy for angel’
JAKARTA: Indonesian villagers thought
they had been blessed by an angel
fallen from heaven when a beautiful
doll washed up on a beach — only to
discover it was an inflatable sex toy.
Rapidly spreading reports of a
heavenly offering and fears of possible social unrest prompted a police investigation.
IN BRIEF
the doll when he was fishing off the
remote Banggai islands off Sulawesi in central Indonesia, police said.
The discovery in March came
a day after a solar eclipse swept
across the area, a deeply spiritual
experience in the world’s most populous Muslim-majority country.
This led superstitious locals to be-
lieve the two events were linked.
Pardin took the partially inflated doll to his home in Kalupapi
village, where it was treated with
great reverence.
Police decided to investigate
after becoming concerned the increasing excitement about the “angel” could lead to unrest. — AFP
WASHINGTON: The White
House on Monday said it is still
weighing a possible first presidential visit to Hiroshima, one
of two Japanese cities bombed
by a US nuclear weapon. “We’re
obviously hard at work planning
that trip,” White House press
secretary Josh Earnest said of a
potential visit that could prove
controversial. “The president
has been to Japan three or four
times as president, and each
time the president has travelled
there, this question has come
up and we’ve considered it each
time.” Obama will visit central
Japan in late May for a Group
of Seven summit. — AFP
Court order shuts down
WhatsApp in Brazil, again
SAO PAULO: Irate Brazilians
found themselves without the
popular WhatsApp smartphone
messaging application for the
second time in six months on
Monday, after a court blocked
the service for 72 hours. A flurry
of angry commentary immediately broke out online after
a small-town judge blocked
WhatsApp nationwide. The
court order from judge Marcel
Montalvao in the north-eastern
town of Lagarto, in Sergipe state,
shut down WhatsApp from 2pm
(1700 GMT) on Monday. — AFP
22
live it!
WE
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
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Events that have taken place at Dataran Medan Pasar include Tempatan Fest, Buy Nothing Day and a wayang kulit showcase.
URBAN REJUVENATION
Think City injects new life into
Kuala Lumpur with curated
events and performances
BY ELAINE LAU
H
munications head. “If you come on any other given
day, Medan Pasar is quite empty. We basically did a
proof of concept to say that with the right programming, you can actually draw the younger crowd back
into the city, which has been largely forgotten and
replaced by the likes of 1 Utama Shopping Centre,
Bangsar, Publika and so on… We wanted to make
the city relevant again, especially for young people,
and to say what else can we do to the city?”
Lee said, “Tempatan Fest and Buy Nothing Day
collectively had over 30,000 people who attended.
We were taken by surprise. I think the new generation is ready to restart the conversation. But as
with everything, you can’t just do something and
leave it, you have to keep the momentum going,
keep it somewhat sustainable. We would like to
expand the programming of the city and invite
corporates to be involved as part of their corporate social responsibility efforts.”
For instance, organisers of this year’s creative
arts festival Urbanscapes were invited to use Medan Pasar as part of its line-up, and this Sunday, the
closing party will be held there starting at 4pm. There
will be live music by OAG, Fazz, Jaggfuzzbeats, The
ow do you get Malaysians to re-engage with parts of Kuala Lumpur
that have largely been forgotten?
That is the question that urban renewal body Think City Sdn Bhd is
tackling with its three-year rejuvenation programme. Launched last year, the programme is aimed at the heart of the city, defined
as a 1km radius from Masjid Jamek.
Drawing on its experience with urban regeneration
efforts in the Unesco Heritage city of George Town,
Penang, Think City, a wholly-owned subsidiary of
Khazanah Nasional Bhd, is injecting life back into
specific parts of downtown Kuala Lumpur with community-driven projects, events and performances.
A focal location has been the refurbished Dataran Medan Pasar, situated just behind Pasar
Seni, where four events have been held, jointly
organised with Kuala Lumpur City Council and
LabDNA’s Nani Kahar with funding support from
Citi Foundation. There was the well-attended
Tempatan Fest, a retail fair featuring local brands,
and Buy Nothing Day, a free market to promote a
break from buying while educating the public on
consumerism and creating a sustainable economy.
A night of wayang kulit had a double bill of a
traditional showcase by Kumpulan Wayang Kulit
Sri Warisan Pusaka from Kelantan and a Mandarin
shadow puppet performance by ACX Productions.
The Sama-Sama Food Fair celebrated the diverse
cuisine, culture, and communities of Southeast
Asia, including Melanau, Peranakan, Kelantanese,
Vietnamese and Nepalese, to name a few.
“It’s about starting new conversations in spaces
that have lost their joie de vivre,” said Lee Jia-Ping, Lee: It’s about starting new conversations in spaces that have
Think City programme director and corporate com- lost their joie de vivre. Photo by Kenny Yap
Otherside Orchestra and The Fridays, comedy by
comedic acts such as Prakash Daniel, Mat Sabah,
Brian Tan and Sulaiman Azmil, as well as an array
of street performers and art installations.
Lee also said, “This shows how we can work together with people. If you have a rakyat’s agenda
to create new conversations, new events, and new
exciting spaces, we’re happy to work with you.”
This month, Think City rolls out another pilot
project called Arts on the Move, this time at the
Masjid Jamek LRT station. The 220ft-long tunnel
that connects the Kelana Jaya Line to the Ampang
Line has been turned into an avenue to display
art — at present, it is highlighting the ongoing
Love Me in my Batik exhibition at Ilham Gallery.
In June, there will be a photography exhibition by
Studio DL. “We want to make art accessible … it
is our way of bringing art to the masses,” said Lee.
That is not all — the turnstile area of the station
on the Jalan Melaka side will be turned into a mini
performance space. Shanthini Venugopal and Eddie
Zachariah will serenade commuters with ballads
and golden oldies on Monday, while on May 12, the
Hady Afro Trio will play classical and Latin music.
Expect to hear traditional dikir barat on May 18, then
on May 26, look out for Prakash Kandasamy and
Selvendrrah Krishnan who will perform classical
Indian music. Watch a butoh showcase by Nyoba
Kan with Lee Swee Keong on May 30.
“We are trying it out,” said Lee. “We are working with Susie Kukathas on the programme. If it
is successful, we will launch it in other stations —
the next test site will be Pasar Seni.”
Think City hopes that efforts like these will create a domino effect and rouse others into action.
“We really want to see the young getting creative
in the space. We want to invite owners of buildings in the core zone — better still if it’s a listed
or old building — to come to us and see how we
can together do an adaptive reuse or reinvigorate
it in a way that is really creative, and that will start
drawing a new kind of audience back into the city.”
For more information, visit thinkcity.com.my.
P
A
C
W
live it! 23
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
FILM
South Korean tales take top prizes at
Far East Film Festival awards
A TALE of an abandoned children’s choir, South Korea’s
A Melody to Remember won top prize at the 18th Far
East Film Festival, with manga adaptation Bakuman.
emerging as critics’ choice, while Sori and The Mohican
Comes Home were also praised as audience favourites.
Nestled between the Carnic Alps on one side and
the Adriatic Sea on the other, tucked away in the
north-eastern corner of Italy, lies the cosy city of
Udine. Home to a cornucopia of attractive 14th- and
15th-century buildings — the main square, the Piazza
della Libertà, accomodates a Venetian-style town hall
and two period clock towers — there’s a Museum of
Modern and Contemporary Art, a 16th-century castle
with mountain views, and a glut of gastronomic delights served up within the historic regional capital.
It’s also home to one of Europe’s most significant
events in Asian film, the annual Far East Film Festival. This year’s edition welcomed legend of Hong
Kong cinema Sammo Hung, who accompanied action thriller The Bodyguard, for a first public screening outside of Asia. As the film’s main character and
director, screen icon Hung, a contemporary of the
festival’s 2015 guest Jackie Chan, was presented with
the FEFF’s Lifetime Achievement award. Four other
top awards were delivered during a closing ceremony which ran into the early hours of Sunday May 1.
One of 10 international premieres, South Korean
war drama A Melody to Remember won first place
in the FEFF’s Audience Awards ballot. Second prize
went to another Korean film for another international premiere, Sori: Voice from the Heart while Japan’s
two-time Tokyo Film Festival winner, Shuichi Okita,
was in third place for redemption tale The Mohican
Comes Home. Hitoshi Ohne’s live-action manga adaptation Bakuman., already a favourite at the Japanese
Academy Awards in March, won the critics’ prize.
Held between April 22 to 30, the FEFF showed 73
films across its nine-day span, with 27 features, shorts
and classics from China and Hong Kong — including
romantic drama Mountain Cry, road movie Lost in
Hong Kong, and crime thriller The Dead End — plus
21 from Japan, 15 from South Korea, and additional
representation from Malaysia, the Philippines, Taiwan, Thailand and Vietnam. — AFP Relaxnews
PICK OF THE DAY
GET your hands on the limited edition shade of Urban
Decay’s eyesahdow primer, Enigma, while supporting The
Ultraviolet Edge, the brand’s global initiative to empower
women. The entire purchase price of the special eyeshadow primer will be donated to women’s empowerment
non-profit organisations selected by the initiative. The
Ultraviolet Edge hopes to raise US$750,000, which goes
to microloans and training for small businesses as well
as literacy programmes for women.
The primer adopts space-age polymer technology that
fills in any imperfections on the skin’s surface, prepping
your lids for all-day shadow. Its anti-aging formula also
contains optical blurring pigments that diffuses light to
blur flaws, along with advanced ingredients to help prevent
and repair the signs of age-related damage. Its packaging
features ombré artwork and a faceted, jewel-like cap and
you can choose to squeeze the potion directly from the
tube or use the flocked wand applicator.
The eyeshadow primer potion in Enigma retails for
RM85 and is available at Urban Decay’s store in Suria KLCC.
A Melody to Remember
Personal
ASSISTANT
COME laugh out loud with Patrick Teoh, Afdlin Shauki, Ida Nerina, Douglas Lim, Rashid
Salleh, Razif Hashim, Kuah Jenhan and Gavin
Yap at the Actorlympics: Show Me Yours!
This hilarious improv-comedy show will
take place at 8.30pm today at PJ Live Arts,
Jaya One, 72A Jalan Universiti, Petaling Jaya.
Tickets are priced at RM33 and RM48 and
can be purchased via www.tix.my. Call (03)
7960 0439 for more information.
CO MPI L ED BY SHALINI YEAP
WORK. LIFE. BALANCE
VIEW the solo photography exhibition of
Finnish artist Päivi Maria Wells who sees
photography as a means of documenting her
inner experience. The artist’s first exhibition
in Kuala Lumpur titled In Motion停格will
showcase the constant flow and rhythm of
nature and people seen through Wells’s quiet
and patient observations. Visit the exhibition
at Aku Café and Gallery, 1st Floor, 8 Jalan
Panggong, Kuala Lumpur between 11am and
8pm. Visit www.facebook.com/akucafegallery
or call (03) 2857 6887 for more information.
MAKE plans for dinner at Vineria.It tonight and
enjoy rustic and authentic Italian fare coupled
with an extensive wine list as you are serenaded
by live music, between 8pm and 11pm, for the
outlet’s Wacky Wednesday deal. The menu includes a selection of hearty appetisers, pasta,
pizza and decadent desserts to end your meal
on a sweet note. Swing by the restaurant at
G133 Bangsar Shopping Centre, 289 Jalan
Maarof, Bukit Bandaraya, Kuala Lumpur. Visit
www.vineriait.com or call (03) 2287 7889 for
reservations and more information.
24 F E AT U R E
Britain can’t afford
to quit the EU
Possibility of a substantial and lasting economic cost if it does
BY ED I TORI A L B OAR D
I
f it votes to leave the European Union(EU) in next month’s
referendum, Britain will bear
a substantial and lasting economic cost: That’s the conclusion of several authoritative
new studies. Campaigners for exit
must either refute these findings or
say why they don’t matter. Their efforts up to now have fallen far short.
The Vote Leave campaign has cast
the referendum mainly as a decision
about sovereignty, democracy and
immigration — legitimate concerns.
But the economic consequences
can’t be waved aside. The latest official study, from the Organization for
Economic Cooperation and Development(OECD) follows assessments
by the International Monetary Fund,
the UK Treasury and others.
They all say much the same: leaving the EU would hit trade, weaken
Britain’s vital finance industry and
reduce inward foreign investment.
There’d likely be knock-on effects
as well: less innovation and slower
growth in productivity.
The OECD report puts the longterm annual cost at between 3% and
8% of gross domestic product(GDP)
— similar to the conclusions in the
Treasury study. The OECD’s central
estimate of 5% is equivalent to a tax
of roughly £3,200 (RM18,510) per
household.
Against this battery of official economic assessments, the exit campaign has fielded a pamphlet arguing
that Britain’s economy will prosper
more outside the EU than inside.
The authors make a few good points
— saying, for instance, that Britain
could adopt a policy of unilateral free
trade, rather than trying to negotiate
new agreements with all its trading
partners, as the other studies mostly
assume. They’re probably right that
this would give better results.
Yet it’s a stretch to think this improvement, even combined with other optimistic assumptions, would
be enough to turn a substantial net
economic cost into a substantial net
benefit. And by the way, the radical
policies needed to yield this better
outcome — not only unilateral free
trade but also root-and-branch deregulation — are no-hopers in political terms. The EU isn’t the only
thing standing between Britain and
the free-market utopia envisaged by
some (though by no means all) Brexit
campaigners.
Indeed, some of worst-case scenarios mentioned in the official studies seem quite plausible by comparison.
The prospect of much lower inward investment is especially disturbing. Britain is running a big current
account deficit at 7% of GDP. If Brexit
leads foreign investors to pull their
capital out, or even to reduce their
rate of new investment, Britain might
have to reduce its external deficit by
depreciating sterling and severely
squeezing imports.
London’s role in international finance is another vulnerability. Some
7% of UK economic output comes
from financial services — 11% if you
include related legal, accounting and
management-consulting services.
Bank of England governor Mark
Carney has rightly stressed the risk
that Brexit poses to this part of the
economy.
The problem for the exit campaign is not just that it is refusing to
take these dangers seriously, but that
its leading figures have no agreed
plan for the kind of trade agreements, if any, they would seek after leaving. Rather than describing
a politically viable alternative to
EU membership, they offer heroic speculation, and, when pressed
for details, start quarrelling among
themselves.
If this doesn’t change, they will
surely lose the vote — or anyway deserve to. — Bloomberg View
Bank of Japan finds
it can’t win
BY
MOHAMED A EL-ERIAN
In such an environment, it is understandable that officials decided last
Thursday to hold off further policy
activism. But in doing so, they find
themselves in a Catch-22 of contributing to anti-growth asset-price
movements seemingly regardless of
what they do or don’t do.
Such a policy outcome is rare in
advanced economies, where policy
credibility and institutional robustness are taken as givens. After all,
central banks in these economies can
even affect outcomes through verbal
intervention, including the deployment of the all-powerful “whatever
it takes” mantra.
The Bank of Japan’s policy predicament should be monitored very
closely by other central banks, starting
with the European Central Bank and
the People’s Bank of China — which,
along with the Federal Reserve, have
been forced to rely on the prolonged
use of unconventional policy actions
and forward guidance to keep their
economies humming in the absence
of a comprehensive policy response.
The market response last Thursday
highlights the urgent need for a policy handoff toward measures that involve pro-growth structural reforms,
a rebalancing of aggregate demand,
addressing pockets of over-indebtedness, and improving regional and
global policy coordination.
The advanced world already has
experienced one unpleasant set of
circumstances that is more common
to emerging economies: structural
rather than cyclical headwinds to
economic recovery.
Now some of these developed
economies may be about to experience another unfamiliar form of
disruption. The Bank of Japan’s evolving experience should serve as an
important warning sign that central
banks should take seriously the risk
of growing policy ineffectiveness. —
Bloomberg View
PITY the Bank of Japan. Disappointed by the central bank’s decision at
last Thursday’s policy meeting to
delay further stimulus measures,
markets pushed the yen higher,
making exports less competitive,
and drove share prices lower, which
damped animal spirits. This makes
the prospects for a recovery of Japanese growth even dimmer.
Yet these reactions are similar to
those of a few weeks ago, when the
central bank surprised markets with
its activism, taking policy rates into
nominal negative territory.
Although it is unfamiliar in advanced economies, this seemingly
inconsistent market behaviour is
quite common in emerging economies where policy ineffectiveness
is a concern. And it speaks to an important reality: Among the systemically important central banks, the
Bank of Japan has come closest to
the line that separates effective policy measures from ineffective, if not
counterproductive ones.
Central bank stimulus is one of
the three “arrows” that the Japanese
government said it would use in a
renewed effort to decisively pull the
economy out of two decades of economic stagnation.
In practice, however, considerable central bank activism — in the
form of negative interest rates and
large-scale asset purchases (both
in magnitude and coverage) — has
been accompanied by inconsistent
implementation of fiscal actions and
insufficient structural reforms.
As the other two arrows failed to
fully materialise, the Bank of Japan
decided earlier this year to experiment further with unconventional
monetary policy. But its attempts
produced counter-intuitive results,
including an appreciation of the yen
even as interest-rate differentials Mohamed El-Erian is a Bloomberg
and asset purchases were widening View columnist and also the chief
compared with the rest of the world. economic adviser at Allianz SE.
4.98
128.98
Markets 2 5
BURSA MAL AYSIA MAIN MARKET
Bursa Malaysia
YEAR
HIGH
Sectorial Movement
INDICES
CLOSE
+/-
%CHG
INDICES
CLOSE
+/-
%CHG
KLSE COMPOSITE
1,651.44
-21.28
-1.27
TECHNOLOGY
KLSE INDUSTRIAL
3,134.04
-40.06
-1.26
FTSE BURSA 100
20.36
-0.30
-1.45
11,204.48
12,874.05
-129.71
-1.14
-96.61
-0.74
CONSUMER PRODUCT
576.23
-7.67
-1.31
FTSE BURSA MID 70
INDUSTRIAL PRODUCT
141.64
-1.28
-0.90
FTSE BURSA SMALL CAP
15,253.64
-173.27
-1.12
CONSTRUCTION
280.98
-3.01
-1.06
FTSE BURSA FLEDGLING
15,751.12
-128.20
-0.81
TRADE & SERVICES
223.56
-2.65
-1.17
FTSE BURSA EMAS
11,504.99
-133.03
-1.14
KLSE FINANCIAL
14,409.32
-177.98
-1.22
FTSE BUR M’SIA ACE
5,618.64
1.55
0.03
KLSE PROPERTY
1,167.54
-5.11
-0.44
FTSE BUR EMAS SHARIAH
12,088.76
-120.23
-0.98
KLSE PLANTATION
7,621.09
-89.76
-1.16
FTSE BUR HIJRAH SHARIAH
13,534.47
-149.42
-1.09
494.45
Unch
Unch
FTSE/ASEAN 40
8,967.57
-109.07
-1.20
KLSE MINING
Bursa Malaysia Main Market
YEAR
HIGH
YEAR
LOW
DAY
HIGH
CONSUMER PRODUCTS
0.745 0.550 0.710
4.334 3.400 3.990
12.060 5.327 12.060
0.480 0.220
—
6.320 4.052 5.950
2.400 1.150
—
5.299 2.977 4.200
64.898 40.700 46.040
0.090 0.040 0.040
1.086 0.590 0.600
1.870 0.880 1.600
0.660 0.427 0.520
0.420 0.230 0.280
13.390 10.731 13.180
1.310 0.720 1.170
2.925 2.370 2.410
1.970 0.454 1.240
3.290 1.670
—
0.085 0.035 0.045
2.417 1.222 2.040
1.369 1.010 1.350
0.175 0.065 0.100
0.075 0.040 0.050
0.963 0.785 0.880
54.000 40.020 53.100
0.165 0.065 0.105
0.265 0.105 0.120
0.280 0.165
—
0.460 0.190 0.290
2.620 1.693 2.100
0.325 0.225 0.230
0.940 0.640 0.800
23.500 16.745 22.600
0.940 0.475
—
1.359 0.990
—
1.220 0.360 1.060
0.966 0.553 0.780
1.640 0.720 1.020
2.760 2.070
—
1.200 0.930
—
0.175 0.040
—
15.180 11.735 15.000
7.500 4.307 7.440
1.196 0.860 0.885
0.533 0.391 0.425
5.280 2.850 3.920
1.416 0.819 1.320
0.480 0.340
—
3.102 1.816 1.950
1.420 0.623 0.970
1.170 0.450
—
3.160 2.427 2.590
3.965 1.804 3.200
0.265 0.025
—
0.935 0.560
—
2.632 1.742
—
1.200 0.920 1.030
0.115 0.045
—
8.100 5.160 5.620
9.700 2.950 9.380
0.405 0.130 0.405
0.405 0.215 0.280
2.917 2.010 2.410
0.925 0.700 0.780
2.343 1.422 1.520
4.585 2.017 4.230
0.150 0.035 0.035
1.490 1.141 1.240
1.120 0.810
—
1.368 1.080
—
5.226 4.507 4.960
0.140 0.030 0.040
1.650 1.100 1.390
76.900 68.737 75.000
2.800 2.186
—
0.200 0.080 0.125
0.370 0.220 0.280
1.079 0.614 0.960
0.580 0.460 0.500
2.518 1.841 2.310
7.728 6.368 6.950
2.240 1.214 2.200
30.200 19.941 28.580
0.785 0.600
—
0.370 0.200
—
0.885 0.275
—
1.200 0.725 0.780
0.325 0.175 0.285
0.580 0.402 0.520
2.099 1.410 1.520
16.980 14.244 16.300
0.614 0.458
—
2.698 1.633 1.900
1.470 0.945 1.420
2.931 1.615 2.150
4.650 3.662 4.390
1.690 1.340
—
1.450 1.190 1.290
0.546 0.270 0.300
1.000 0.480 0.985
1.430 0.495 0.860
0.120 0.055 0.065
2.450 0.890 1.740
1.546 0.771 1.040
0.065 0.040 0.050
2.750 1.671 2.590
1.520 0.730 1.190
0.745 0.365 0.575
0.470 0.280
—
3.086 2.200 2.230
1.300 0.355 1.250
1.952 1.040 1.320
1.610 1.184
—
0.575 0.445 0.560
0.475 0.170 0.460
10.626 6.250 6.650
2.430 1.530 2.150
0.860 0.430 0.805
0.098 0.040 0.050
0.670 0.345
—
0.630 0.260 0.295
2.410 1.430 2.300
0.555 0.190 0.540
1.147 0.797
—
3.490 1.517 2.320
2.084 1.354 1.490
INDUSTRIAL PRODUCTS
1.236 0.883 1.050
0.175 0.095
—
0.640 0.470 0.510
0.450 0.270
—
1.070 0.840
—
2.454 1.850 1.990
* Volume Weighted Average Price
DAY
LOW
0.705
3.940
11.600
—
5.900
—
4.200
40.700
0.040
0.590
1.580
0.500
0.280
12.560
1.160
2.370
1.220
—
0.035
2.040
1.310
0.095
0.045
0.880
52.800
0.100
0.115
—
0.275
2.100
0.230
0.800
22.200
—
—
0.990
0.775
1.020
—
—
—
14.840
7.350
0.875
0.415
3.920
1.310
—
1.940
0.950
—
2.510
3.050
—
—
—
1.030
—
5.430
9.110
0.370
0.275
2.330
0.780
1.520
4.180
0.035
1.230
—
—
4.750
0.030
1.390
74.600
—
0.115
0.270
0.940
0.490
2.250
6.860
2.160
28.440
—
—
—
0.725
0.275
0.505
1.450
16.080
—
1.880
1.400
2.120
4.330
—
1.250
0.285
0.950
0.625
0.055
1.690
0.995
0.050
2.550
1.180
0.560
—
2.200
1.210
1.290
—
0.520
0.440
6.430
2.140
0.775
0.040
—
0.290
2.240
0.535
—
2.300
1.450
1.020
—
0.505
—
—
1.920
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)
0.705
3.980
11.700
0.220
5.900
1.200
4.200
43.000
0.040
0.590
1.580
0.520
0.280
12.720
1.160
2.370
1.230
2.700
0.040
2.040
1.340
0.095
0.045
0.880
52.900
0.100
0.120
0.195
0.280
2.100
0.230
0.800
22.400
0.680
0.990
1.060
0.775
1.020
2.620
1.110
0.050
14.840
7.400
0.875
0.415
3.920
1.310
0.440
1.940
0.970
0.670
2.570
3.150
0.060
0.770
2.150
1.030
0.050
5.530
9.200
0.395
0.280
2.350
0.780
1.520
4.230
0.035
1.230
0.945
1.200
4.960
0.030
1.390
74.900
2.700
0.120
0.280
0.950
0.490
2.300
6.860
2.180
28.500
0.715
0.280
0.685
0.765
0.280
0.520
1.460
16.160
0.505
1.890
1.400
2.120
4.360
1.500
1.250
0.300
0.955
0.655
0.060
1.740
1.010
0.050
2.590
1.180
0.565
0.330
2.210
1.210
1.290
1.460
0.520
0.440
6.470
2.140
0.780
0.045
0.455
0.295
2.260
0.540
0.910
2.300
1.450
-0.005
0.140
-0.200
—
-0.050
—
-0.180
-2.880
-0.005
-0.010
-0.010
UNCH
-0.005
-0.100
-0.010
-0.040
-0.060
—
UNCH
UNCH
UNCH
-0.005
-0.005
0.080
-0.100
-0.005
0.005
—
-0.015
-0.050
0.005
0.040
-0.200
—
—
0.020
-0.005
-0.020
—
—
—
-0.200
0.040
UNCH
-0.015
-0.130
UNCH
—
-0.010
0.005
—
-0.020
-0.040
—
—
—
0.010
—
-0.090
0.140
0.020
0.005
-0.060
-0.005
UNCH
UNCH
UNCH
UNCH
—
—
0.060
-0.010
-0.010
-0.080
—
UNCH
0.005
-0.010
-0.005
-0.010
-0.090
-0.010
-0.080
—
—
—
-0.020
UNCH
0.015
-0.050
-0.020
—
0.020
-0.030
UNCH
-0.010
—
-0.040
0.005
-0.030
-0.245
UNCH
UNCH
-0.010
-0.005
-0.010
UNCH
UNCH
—
-0.020
-0.030
-0.030
—
-0.010
-0.005
-0.090
-0.010
-0.005
-0.005
—
UNCH
-0.010
UNCH
—
-0.020
-0.020
376.4
128.6
243.6
—
15
—
7.4
878.2
82.2
1222.4
51.5
16.6
30
108.5
47.4
97
19.8
—
332.7
18
290.4
4707.7
10312.6
0.2
34.8
3379.5
8912.1
—
499.9
32.5
27
21.1
139
—
—
257.6
147.3
70.8
—
—
—
166.4
60.6
140.2
926.5
2
52.6
—
39.7
86.3
—
597.3
2.4
—
—
—
10
—
29.5
60.4
4830.9
472
161.4
22
13.4
2.2
1246
55
—
—
5.1
9714.3
5
12.9
—
1825.5
947.4
873.6
40
21.7
44.5
825.3
10.9
—
—
—
213
3966.8
94
258
490.4
—
45.6
56.5
38.4
950.4
—
45.8
1631.6
170
37843.8
51383.8
23.2
728.6
10
223.4
20
865
—
76
1120.9
261.1
—
4.5
389.9
458.8
4
133.2
19122.8
—
526.8
127.8
579.3
—
9.6
46.5
1.030
0.095
0.510
0.270
0.840
1.980
-0.010
—
0.005
—
—
UNCH
800.8
—
248.1
—
—
168.3
# PE is calculated based on latest 12 months reported Earnings Per Share
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
0.710 12.98
3.979 13.62
11.885 17.84
—
—
5.913 13.65
—
—
4.200 11.05
42.671 14.57
0.040
—
0.593 13.66
1.585 14.96
0.500
5.78
0.280
7.45
12.683 18.01
1.164 13.00
2.389 10.73
1.226
6.79
— 17.08
0.037
—
2.040 14.26
1.326 14.06
0.095
2.09
0.045
—
0.880 10.21
52.979 21.45
0.101
—
0.119
—
—
—
0.283
3.99
2.100 41.18
0.230 26.74
0.800
—
22.385 22.65
—
—
— 34.02
1.038 14.10
0.776 11.98
1.020 21.47
— 14.60
—
—
—
—
14.920 18.02
7.380 10.32
0.880
9.32
0.419 15.49
3.920
8.20
1.312 19.15
— 293.33
1.945
9.28
0.968
7.63
—
4.82
2.536 32.91
3.117 19.00
—
—
— 14.45
— 13.93
1.030 23.73
—
—
5.482
6.08
9.349 23.88
0.389
—
0.280
9.43
2.370
7.34
0.780
8.38
1.520 10.26
4.219
8.62
0.035
—
1.230 32.28
— 160.17
— 16.60
4.831 12.67
0.034
—
1.390 21.75
74.792 28.17
— 10.54
0.120
—
0.274 28.87
0.950 17.37
0.495
—
2.268 18.96
6.920 16.25
2.179 13.08
28.495 12.88
— 26.58
— 20.74
—
—
0.748
—
0.280 24.14
0.512 36.88
1.481
6.90
16.164 18.22
— 18.23
1.894
8.72
1.418 15.82
2.131 11.14
4.360 27.17
— 22.26
1.285 20.19
0.293
—
0.964 27.29
0.696
—
0.060
—
1.703
6.44
1.003
9.56
0.050 45.45
2.573 13.12
1.183 245.83
0.566 10.35
—
—
2.207 19.27
1.219 14.37
1.306
8.88
— 22.29
0.522
—
0.447 16.06
6.467
—
2.145
8.85
0.786
9.09
0.045 23.68
— 43.75
0.292
0.90
2.259 12.87
0.540
—
—
7.65
2.320 10.63
1.463 14.02
3.55
2.76
1.71
—
4.24
0.42
3.81
6.72
—
3.19
—
1.92
—
5.66
2.59
4.01
1.63
—
—
3.62
7.46
—
—
1.70
1.89
—
—
—
—
3.10
—
—
2.57
—
1.52
0.94
9.03
—
0.76
3.60
—
4.78
4.32
4.57
2.41
—
3.05
—
4.12
4.12
—
0.65
0.79
—
—
3.26
—
—
2.17
—
—
—
4.82
—
3.29
1.89
—
3.25
—
2.50
5.24
—
0.96
3.20
4.07
—
1.79
0.84
—
2.17
2.62
4.59
1.75
3.50
—
—
—
—
1.92
2.74
1.55
2.48
1.51
4.29
3.77
0.97
—
1.60
—
—
—
—
5.75
4.95
—
1.93
—
—
—
2.26
0.83
2.71
5.14
1.92
—
3.09
4.21
3.85
—
—
6.20
1.55
—
4.40
2.83
4.14
125.4
466.2
711.3
11.0
472.0
94.9
803.5
12,277.8
19.9
475.7
271.2
41.6
54.3
3,918.8
182.9
661.1
51.8
437.4
26.7
466.8
161.5
118.1
35.4
117.9
3,385.6
58.8
37.4
32.8
26.9
148.6
55.9
35.5
8,215.8
41.5
247.5
88.7
191.7
489.8
1,599.9
505.5
23.4
4,483.1
2,426.5
262.5
337.3
339.7
1,048.0
32.9
170.8
133.1
55.0
2,576.1
741.4
4.1
77.0
86.1
136.4
13.3
537.6
551.8
26.1
47.0
423.0
145.5
197.8
688.4
14.0
676.8
51.4
73.0
3,486.8
18.2
321.9
17,564.1
202.9
36.3
66.7
1,067.0
103.9
552.0
4,255.9
1,434.2
1,731.3
86.4
19.6
41.1
423.3
216.5
213.4
331.1
19,157.7
50.5
225.7
108.9
644.6
5,441.4
92.5
349.3
36.0
114.6
68.4
31.4
87.0
242.4
98.7
400.1
172.1
345.7
26.4
1,485.1
384.3
387.0
59.5
72.1
102.9
7,558.9
170.3
124.8
121.3
33.1
143.1
422.6
67.5
145.6
309.6
667.0
1.36
—
—
—
—
6.06
405.4
25.1
75.1
59.0
128.3
40.6
1.034
—
0.508
—
—
1.945
20.20
—
—
9.03
39.44
13.56
YEAR
LOW
DAY
HIGH
DAY
LOW
0.170 0.100 0.105
0.100
0.465 0.325
—
—
0.400 0.260
—
—
4.790 2.200 3.320
3.270
0.505 0.110
—
—
0.850 0.610 0.840
0.820
0.475 0.335 0.365
0.360
1.260 0.620 1.180
1.110
0.360 0.120 0.235
0.230
1.520 1.033
—
—
5.025 3.730 3.900
3.850
0.730 0.382 0.685
0.650
0.819 0.543 0.630
0.630
0.745 0.500
—
—
1.660 0.510 1.600
1.570
2.480 1.560 1.680
1.610
0.795 0.285 0.615
0.555
0.140 0.090 0.110
0.105
1.552 0.980 1.010
0.990
3.100 2.150 2.500
2.480
1.985 0.777 1.490
1.440
0.520 0.285 0.315
0.305
0.295 0.175 0.230
0.220
0.455 0.150 0.220
0.215
5.170 2.000 4.190
4.070
0.286 0.055 0.065
0.055
2.350 1.576 2.250
2.200
1.100 0.846 0.950
0.950
1.690 1.150 1.600
1.560
2.560 1.380
—
—
1.500 1.140
—
—
2.284 1.234 1.740
1.680
1.688 1.340 1.540
1.500
1.230 0.640 0.705
0.705
0.090 0.040
—
—
5.977 3.750 3.860
3.750
0.510 0.160
—
—
3.051 1.423 1.630
1.600
0.910 0.200 0.700
0.650
1.000 0.670 0.745
0.735
1.450 0.880 1.440
1.420
1.008 0.630 0.900
0.890
0.440 0.275
—
—
2.398 1.621 2.070
2.060
0.475 0.225 0.370
0.355
0.308 0.170 0.215
0.210
0.635 0.250 0.350
0.335
0.510 0.331
—
—
0.920 0.660 0.680
0.670
1.536 1.091
—
—
1.856 0.940 0.970
0.950
0.675 0.250 0.500
0.480
1.260 0.406 0.840
0.825
1.600 1.000 1.170
1.130
0.410 0.190 0.400
0.360
0.793 0.591 0.600
0.595
1.683 0.995 1.090
1.060
1.560 0.600 0.945
0.920
1.176 0.918 1.030
1.020
3.210 2.274 2.740
2.680
0.835 0.347 0.510
0.490
2.686 1.977 2.300
2.230
3.090 1.174 2.230
2.120
1.645 1.370 1.470
1.450
2.970 0.650 1.560
1.470
0.075 0.040 0.050
0.045
0.390 0.200
—
—
0.135 0.080
—
—
0.565 0.285
—
—
0.312 0.173 0.255
0.250
0.135 0.070 0.095
0.095
1.080 0.870 0.870
0.870
0.750 0.320 0.515
0.505
6.124 4.060 4.290
4.060
3.500 2.890
—
—
1.790 1.110 1.220
1.190
0.985 0.706 0.885
0.880
0.535 0.200 0.505
0.435
0.905 0.130 0.195
0.180
1.800 0.934
—
—
0.990 0.530 0.765
0.750
0.430 0.310
—
—
0.100 0.025 0.035
0.030
4.030 2.880 3.100
3.080
0.148 0.055 0.060
0.055
0.960 0.760 0.800
0.760
2.180 1.371 2.120
2.000
0.400 0.220 0.225
0.225
0.120 0.045 0.095
0.090
0.175 0.135 0.140
0.140
0.300 0.075
—
—
1.320 0.920 1.090
1.090
2.830 1.210 1.780
1.750
1.810 1.051 1.380
1.300
0.230 0.145 0.175
0.170
1.290 0.353 0.945
0.910
0.985 0.430 0.580
0.550
3.440 2.730 3.250
3.200
2.561 1.373 1.970
1.890
0.205 0.070 0.080
0.075
2.110 1.280 1.640
1.610
0.685 0.390 0.480
0.460
2.703 0.937 1.450
1.450
0.775 0.335 0.540
0.485
9.500 5.697 6.100
5.900
0.600 0.400
—
—
5.740 4.286 5.040
5.010
0.524 0.330 0.380
0.380
0.600 0.390
—
—
9.636 8.167 8.900
8.360
0.605 0.384 0.535
0.520
0.784 0.405 0.655
0.635
0.605 0.420 0.485
0.475
0.205 0.110
—
—
0.075 0.030 0.040
0.040
0.117 0.045 0.055
0.055
0.475 0.220 0.440
0.405
0.295 0.110 0.285
0.260
0.120 0.060 0.065
0.065
4.250 3.180 3.670
3.620
0.740 0.330 0.665
0.630
0.808 0.502 0.635
0.635
0.555 0.350
—
—
0.889 0.652 0.780
0.780
0.380 0.175 0.345
0.320
0.805 0.500 0.550
0.530
1.650 1.090 1.250
1.240
2.100 1.640
—
—
1.340 0.605 0.825
0.810
0.095 0.060 0.095
0.090
1.920 0.790 1.480
1.440
0.660 0.325 0.565
0.565
2.760 2.090 2.620
2.620
2.600 1.040
—
—
1.200 0.810 0.830
0.820
0.450 0.210 0.450
0.410
0.200 0.070
—
—
0.645 0.100 0.420
0.355
0.705 0.454 0.575
0.560
1.120 0.647 1.040
0.995
1.300 0.890
—
—
0.080 0.050
—
—
7.511 5.096 6.720
6.550
1.740 1.590 1.640
1.610
0.735 0.381 0.650
0.645
6.180 3.887 5.790
5.790
0.330 0.090 0.110
0.105
23.312 19.898 22.160 21.620
7.310 2.550 5.510
5.380
14.100 5.460 13.100 13.000
1.089 0.766 0.980
0.970
3.140 1.375 2.960
2.920
0.650 0.430
—
—
0.480 0.345
—
—
1.170 0.650 0.870
0.860
0.380 0.305 0.330
0.330
0.570 0.400 0.515
0.510
1.180 0.450 1.120
1.100
0.190 0.105 0.110
0.105
1.700 1.360 1.510
1.500
0.950 0.690
—
—
6.330 5.480 6.000
6.000
0.505 0.224 0.340
0.335
0.960 0.633 0.790
0.775
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
3778
5223
8192
6149
5001
7219
5576
7595
5916
3883
7004
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
MELEWAR
MENTIGA
MERCURY
METROD
MIECO
MINETEC
MINHO
MLGLOBAL
MSC
MUDA
MULTICO
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)
0.105
0.400
0.330
3.300
0.200
0.840
0.360
1.150
0.235
1.060
3.900
0.660
0.630
0.565
1.600
1.680
0.590
0.110
1.000
2.500
1.490
0.305
0.220
0.220
4.190
0.065
2.220
0.950
1.560
1.700
1.150
1.680
1.540
0.705
0.050
3.750
0.190
1.600
0.655
0.740
1.440
0.890
0.390
2.070
0.355
0.215
0.340
0.510
0.675
1.150
0.950
0.485
0.825
1.170
0.370
0.600
1.070
0.920
1.030
2.710
0.505
2.300
2.130
1.450
1.500
0.050
0.230
0.080
0.365
0.250
0.095
0.870
0.510
4.140
3.320
1.190
0.880
0.455
0.185
1.140
0.750
0.315
0.030
3.080
0.055
0.800
2.120
0.225
0.090
0.140
0.085
1.090
1.780
1.310
0.175
0.910
0.550
3.240
1.890
0.080
1.640
0.465
1.450
0.490
5.990
0.480
5.020
0.380
0.410
8.360
0.520
0.635
0.480
0.125
0.040
0.055
0.410
0.260
0.065
3.670
0.640
0.635
0.380
0.780
0.335
0.550
1.240
1.750
0.815
0.095
1.460
0.565
2.620
1.860
0.820
0.445
0.095
0.410
0.560
1.010
0.970
0.055
6.670
1.640
0.645
5.790
0.105
21.880
5.400
13.040
0.970
2.940
0.495
0.345
0.870
0.330
0.515
1.100
0.105
1.500
0.855
6.000
0.335
0.780
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
UNCH
1570
—
—
—
—
-0.020
54
—
—
-0.010
5.5
-0.005
85
-0.020
881.3
UNCH
992.7
—
—
UNCH
15.5
-0.010
476.7
UNCH
22
—
—
0.010 2590.3
UNCH
48.8
-0.030
287.9
-0.005
130
-0.010
212
UNCH
10.6
UNCH
13.8
-0.010
145.1
UNCH
16.5
-0.005
155
0.080
276.3
0.005 5555.3
-0.030
233.4
0.050
0.1
UNCH
273.3
—
—
—
—
-0.030
612.6
UNCH
12.3
0.005
5
—
—
-0.090 3757.6
—
—
-0.030
182.1
-0.050 2908.5
-0.005
429.9
0.020
360.5
-0.010
25.4
—
—
UNCH 1018.1
-0.010
668.2
0.005 1483.5
UNCH
124.8
—
—
UNCH
139
—
—
-0.020 1591.1
0.005 2018.3
-0.025 1822.3
0.030
14.1
0.010 1452.6
UNCH
10.3
-0.010 1294.2
-0.010
196.1
UNCH
54.5
-0.020
180.6
UNCH
141.8
0.070
8
-0.090
789.2
0.020
3
-0.070
162.5
0.005 7842.9
—
—
—
—
—
—
-0.005
760.6
UNCH
120
UNCH
5
-0.010
112.5
-0.150 3747.9
—
—
-0.020
815.4
UNCH
66.1
-0.050 11610.8
-0.005 2914.2
—
—
UNCH
292.9
—
—
UNCH
0.6
-0.020
50.3
-0.005
959
0.005
18
-0.030
275
0.005
65
-0.005 4604.1
UNCH
142.5
—
—
UNCH
5
0.010
241.1
-0.040
914
-0.005
370.2
-0.020
11.9
-0.010
24.8
-0.010
18.9
-0.010
37.7
UNCH 5631.6
0.010
28.6
-0.010 20042.7
-0.040
11
-0.055 1676.2
-0.010 3032.4
—
—
-0.010
39.5
UNCH
16
—
—
-0.400
214.5
-0.010
284.8
-0.015
540.3
UNCH
371
—
—
-0.005
10
UNCH
431.6
-0.020 4172.1
-0.020
60.1
UNCH 5218.4
0.070
29
-0.035
540
-0.005
20
—
—
-0.010
100
0.005 1193.9
0.020
40.6
-0.030
6
—
—
-0.015
271
0.005
5817
0.020
628.3
-0.020
73
UNCH
1
—
—
-0.010
29
0.045 5930.4
—
—
0.015 2146.7
-0.015
228
-0.020
506.2
—
—
—
—
-0.040 4616.5
UNCH
648.5
-0.005
277.4
0.020
1
-0.005
370
-0.100
506.5
UNCH
199.5
UNCH
14
-0.010
36.5
0.010 1275.6
—
—
—
—
UNCH
44.9
UNCH
10
-0.005
26
-0.010
398.6
-0.005
515.1
UNCH
6.2
—
—
UNCH
241
-0.005
30
UNCH
53.8
0.102
—
—
3.289
—
0.830
0.361
1.139
0.231
—
3.898
0.665
0.630
—
1.588
1.628
0.591
0.109
0.997
2.481
1.445
0.307
0.222
0.217
4.106
0.060
2.222
0.950
1.586
—
—
1.721
1.523
0.705
—
3.808
—
1.612
0.666
0.738
1.430
0.894
—
2.061
0.360
0.215
0.337
—
0.675
—
0.954
0.490
0.834
1.136
0.379
0.600
1.073
0.923
1.024
2.702
0.498
2.239
2.141
1.457
1.511
0.045
—
—
—
0.251
0.095
0.870
0.511
4.132
—
1.207
0.881
0.462
0.185
—
0.752
—
0.034
3.095
0.058
0.784
2.099
0.225
0.091
0.140
—
1.090
1.758
1.331
0.174
0.917
0.563
3.229
1.915
0.078
1.615
0.468
1.450
0.499
5.971
—
5.026
0.380
—
8.493
0.531
0.644
0.479
—
0.040
0.055
0.424
0.277
0.065
3.639
0.643
0.635
—
0.780
0.336
0.535
1.242
—
0.817
0.092
1.463
0.565
2.620
—
0.822
0.435
—
0.386
0.566
1.010
—
—
6.652
1.621
0.645
5.790
0.109
21.903
5.462
13.021
0.976
2.941
—
—
0.868
0.330
0.512
1.112
0.106
1.508
—
6.000
0.336
0.779
—
24.84
—
10.41
—
24.14
133.33
—
—
9.65
12.61
6.26
9.24
1.87
—
—
11.73
—
17.18
16.20
12.65
—
—
—
9.37
1.64
12.51
14.57
12.59
4.93
—
8.23
28.31
—
—
16.11
—
6.17
6.60
14.92
9.92
15.01
—
21.12
8.47
179.17
212.50
—
2.61
8.35
—
7.78
4.25
—
10.14
24.10
8.91
15.59
14.53
6.25
11.03
11.01
6.93
3.54
9.07
—
—
—
—
13.16
—
23.14
—
26.76
15.68
6.48
10.80
—
—
7.45
12.06
27.16
—
23.64
—
—
16.99
—
12.00
27.45
—
59.24
9.60
19.82
14.71
8.98
12.70
10.96
7.66
—
16.22
15.66
7.78
—
18.84
—
13.34
19.49
—
28.24
10.32
9.15
8.05
—
—
—
—
—
—
9.36
—
11.78
—
11.00
139.58
17.30
8.85
7.85
9.18
—
9.52
4.98
—
21.63
—
4.98
—
—
19.65
9.37
10.22
—
19.17
—
4.29
10.40
—
21.78
6.61
20.39
9.73
28.13
—
8.33
6.72
80.49
8.44
26.25
19.44
15.58
14.57
—
6.92
12.02
—
—
—
1.82
—
5.95
—
2.61
—
6.13
5.00
3.41
3.10
—
—
—
—
—
1.75
—
4.03
—
—
—
0.95
—
2.70
2.63
3.85
—
—
4.67
3.90
2.48
—
1.20
—
2.50
—
—
5.56
6.74
—
2.84
—
—
—
—
—
3.16
6.32
6.39
—
—
—
1.67
0.93
0.54
2.43
5.54
2.08
5.43
7.04
10.34
—
—
—
—
—
3.00
—
5.75
—
1.81
—
2.31
5.11
0.66
—
3.07
2.00
—
—
0.97
—
—
1.65
—
—
2.14
—
2.75
2.25
0.76
2.29
1.10
—
0.62
3.17
—
2.44
—
2.07
—
2.00
—
1.99
2.11
—
3.71
3.85
6.30
3.13
—
—
—
—
—
—
4.09
1.02
1.57
—
3.85
—
1.82
4.84
3.43
—
—
—
—
—
1.61
—
—
—
—
3.57
2.97
2.58
—
2.70
—
5.43
6.56
—
2.74
3.70
0.92
4.12
2.55
—
—
—
—
3.88
0.91
—
—
—
—
7.46
3.85
MKT CAP
(MIL)
24.9
72.0
43.5
251.3
11.6
112.8
78.8
601.1
69.6
119.6
786.2
79.2
172.7
40.0
97.8
417.4
28.4
30.4
516.0
150.1
279.7
50.1
21.6
27.6
805.1
86.8
1,194.9
434.7
187.2
76.1
47.2
503.2
169.3
32.3
22.1
4,028.9
8.6
850.6
91.7
413.5
547.2
89.0
29.3
565.6
37.1
38.8
91.4
6.3
149.9
189.8
1,836.6
85.1
174.5
192.1
63.3
99.6
905.7
204.1
87.7
596.0
49.5
564.1
219.8
270.6
120.0
269.1
25.4
78.4
49.1
83.4
50.2
241.8
54.1
6,793.9
184.1
541.0
176.3
326.9
209.6
46.3
209.0
25.2
33.7
1,475.6
49.9
88.4
169.6
30.0
84.8
62.9
14.7
138.2
166.1
1,275.6
83.2
90.1
34.1
1,439.1
294.1
83.9
422.8
1,002.6
98.7
61.1
3,830.4
27.1
1,814.6
36.5
61.5
7,103.5
129.2
228.6
148.8
40.2
52.6
76.6
294.3
33.3
112.6
152.6
156.5
34.7
16.0
71.8
76.0
38.5
49.8
210.0
171.2
63.2
160.4
50.6
262.0
567.4
36.4
126.2
5.3
131.2
108.8
159.8
73.0
52.1
53,360.0
308.3
83.6
575.0
58.8
43,294.7
1,458.0
1,001.6
77.6
3,818.6
65.1
55.2
95.6
111.2
93.7
162.9
68.7
86.9
35.9
524.7
46.0
178.8
26 Markets
WE
BURSA MAL AYSIA MAIN MARKET
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
4.200 3.154 3.740
3.720
8.280 2.764 6.390
6.220
1.243 0.777 1.010
1.010
1.870 1.130 1.500
1.430
3.248 1.644 2.950
2.890
1.070 0.700 0.800
0.780
13.600 6.448 12.480 12.180
0.925 0.280 0.325
0.320
0.380 0.230 0.250
0.230
1.350 0.526 0.880
0.845
0.410 0.230
—
—
0.770 0.305
—
—
6.350 2.600 3.070
3.030
0.695 0.365 0.475
0.470
0.720 0.480
—
—
1.556 0.822 1.340
1.310
2.388 0.940
—
—
0.850 0.610
—
—
1.170 0.690 1.010
0.990
0.470 0.200 0.360
0.350
2.240 1.500
—
—
2.550 1.300 2.300
2.290
2.320 1.126 1.960
1.950
3.534 1.870 2.650
2.580
5.750 3.126 4.950
4.540
0.440 0.240 0.375
0.350
0.830 0.370 0.390
0.385
15.760 13.828 15.600 15.540
15.800 14.900
—
—
0.190 0.080 0.150
0.135
0.450 0.215 0.380
0.310
2.210 0.700 1.260
1.260
1.720 0.685 1.330
1.330
0.495 0.220 0.350
0.350
3.530 1.650 3.170
3.080
3.260 1.562 2.360
2.350
0.800 0.630 0.690
0.690
2.929 1.402 2.460
2.400
2.300 1.660
—
—
7.030 4.870 5.000
4.950
0.745 0.520
—
—
0.215 0.140 0.150
0.150
1.770 1.360 1.740
1.700
5.569 2.749
—
—
1.332 0.681 1.050
1.030
0.820 0.610 0.800
0.730
1.633 1.130 1.220
1.180
1.408 0.715 0.765
0.745
0.400 0.275 0.320
0.320
2.150 1.377 1.700
1.700
2.865 1.609 2.430
2.380
0.670 0.490
—
—
0.580 0.405 0.425
0.425
2.407 2.054 2.280
2.250
1.550 0.895 1.200
1.170
1.537 0.830 0.945
0.925
1.080 0.790 0.950
0.925
0.300 0.160 0.280
0.250
0.800 0.510 0.590
0.575
CONSTRUCTION
0.560 0.260
—
—
0.205 0.100 0.105
0.100
0.775 0.505 0.730
0.705
0.936 0.511 0.660
0.650
0.790 0.495 0.500
0.495
0.553 0.330 0.450
0.400
1.064 0.847 0.885
0.875
1.158 0.840 0.910
0.890
1.859 1.540 1.650
1.600
1.410 0.753 1.330
1.250
1.480 0.835 1.420
1.400
0.620 0.330 0.595
0.590
2.580 1.100 2.130
2.060
5.070 3.665 4.760
4.590
1.353 0.780 0.845
0.835
1.450 0.780 0.870
0.830
1.359 1.301
—
—
1.340 1.290
—
—
2.140 1.601 1.840
1.790
3.640 2.844 3.470
3.410
0.835 0.540 0.750
0.725
0.806 0.480
—
—
1.280 0.640 1.050
1.020
0.410 0.195 0.210
0.205
1.960 1.170 1.960
1.840
1.060 0.740 0.900
0.895
1.960 1.050 1.780
1.730
1.540 1.090
—
—
1.287 0.663 0.830
0.775
0.450 0.325
—
—
1.336 1.020 1.230
1.200
0.370 0.190 0.255
0.250
1.520 0.840 1.190
1.160
2.642 1.497 2.350
2.280
0.730 0.355 0.365
0.360
1.537 1.170 1.170
1.170
1.994 1.366 1.700
1.640
0.210 0.110 0.115
0.115
4.063 2.905 3.550
3.400
1.050 0.660 0.670
0.665
1.720 0.954 1.630
1.580
0.515 0.330 0.360
0.355
0.525 0.265 0.460
0.445
1.740 0.845 1.420
1.420
0.792 0.438 0.520
0.520
1.760 1.083 1.660
1.620
0.865 0.555 0.735
0.735
0.395 0.200 0.215
0.210
TRADING SERVICES
0.395 0.150 0.345
0.330
0.566 0.270 0.305
0.275
3.300 2.470 2.810
2.780
0.235 0.135 0.200
0.190
2.308 0.765 1.960
1.880
6.970 4.220 6.840
6.650
0.715 0.340 0.370
0.365
0.095 0.080 0.085
0.080
10.626 8.984
—
—
2.780 1.518 2.160
2.150
0.345 0.045 0.055
0.050
1.308 0.700 0.790
0.765
0.170 0.105 0.150
0.130
3.084 2.385 2.790
2.630
5.300 4.160 5.260
5.230
0.625 0.285 0.625
0.590
6.757 5.270 5.680
5.590
0.320 0.203
—
—
1.060 0.690 0.710
0.695
0.599 0.335 0.435
0.425
0.450 0.195 0.255
0.235
7.190 6.347 6.900
6.900
1.370 1.080 1.160
1.120
2.802 1.740 2.210
2.170
0.440 0.336 0.385
0.365
2.834 1.850 1.880
1.870
0.855 0.610 0.695
0.690
0.480 0.330 0.400
0.400
3.427 2.823 3.080
3.030
0.215 0.119 0.150
0.145
1.170 0.555 0.925
0.910
4.396 3.630 3.820
3.760
1.070 0.450 0.460
0.460
2.140 0.990
—
—
3.872 2.168 3.400
3.400
1.092 0.713 0.875
0.865
0.508 0.332 0.500
0.500
0.608 0.400 0.440
0.420
0.105 0.060
—
—
1.030 0.650 0.785
0.775
0.060 0.040 0.045
0.045
2.070 1.390 2.040
1.980
0.140 0.075 0.080
0.075
2.770 0.990 1.300
1.280
1.586 0.870 1.200
1.150
0.685 0.480 0.630
0.585
1.679 1.284 1.600
1.560
5.242 3.530 3.910
3.780
1.697 0.972 1.330
1.290
0.430 0.240 0.380
0.295
1.120
1.476 0.738 1.130
0.450 0.210
—
—
0.320 0.195 0.240
0.225
3.960 2.718 3.720
3.650
0.366 0.178 0.295
0.285
CODE
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
YEAR
HIGH
1.097
1.567
1.450
1.380
0.802
0.665
1.519
0.340
0.380
2.794
1.800
4.640
9.900
1.880
0.503
2.580
0.070
0.410
7.930
1.412
3.458
0.017
0.610
6.750
0.882
1.630
0.335
1.980
0.490
0.450
1.971
0.408
1.944
4.379
1.499
0.650
0.325
0.420
0.350
0.740
1.940
2.666
1.855
0.175
7.034
1.199
3.410
1.587
0.750
0.950
2.306
1.380
9.171
2.705
0.540
0.125
0.220
0.390
2.380
0.980
0.125
0.973
0.840
1.706
0.145
2.750
0.496
0.715
2.045
1.410
0.135
1.427
1.570
0.570
0.240
7.047
26.089
0.250
7.155
0.270
0.415
5.039
3.259
3.310
1.150
0.200
0.450
0.883
0.917
0.660
0.205
2.450
0.250
0.460
1.310
1.404
1.747
8.934
0.900
2.796
1.530
2.470
3.427
0.220
2.658
0.480
1.662
2.191
14.600
1.850
0.510
0.325
7.337
0.815
1.500
0.550
3.006
1.321
2.989
2.220
1.430
0.700
2.600
0.815
3.000
0.545
4.541
1.438
0.095
3.236
0.890
1.710
FINANCE
14.355
2.912
4.717
13.200
13.400
6.224
1.970
4.148
8.950
5.907
0.500
1.321
13.760
10.100
16.155
2.640
0.961
0.920
0.195
2.690
0.764
15.804
1.090
3.127
9.200
2.090
4.180
1.950
1.455
19.380
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
3.740
6.300
1.010
1.450
2.900
0.780
12.220
0.320
0.235
0.860
0.230
0.310
3.060
0.470
0.660
1.310
2.030
0.750
1.000
0.355
1.610
2.300
1.960
2.590
4.540
0.355
0.390
15.540
15.800
0.135
0.350
1.260
1.330
0.350
3.120
2.360
0.690
2.430
1.980
4.960
0.620
0.150
1.730
5.380
1.030
0.740
1.210
0.745
0.320
1.700
2.390
0.520
0.425
2.250
1.180
0.925
0.930
0.260
0.575
UNCH
UNCH
UNCH
-0.040
-0.060
-0.040
-0.280
UNCH
-0.015
-0.020
—
—
-0.020
-0.005
—
-0.030
—
—
-0.010
-0.010
—
UNCH
-0.010
-0.010
-0.250
-0.020
-0.005
-0.060
—
-0.020
0.030
UNCH
-0.090
-0.005
-0.020
UNCH
UNCH
-0.020
—
UNCH
—
UNCH
UNCH
—
-0.010
0.010
UNCH
-0.010
-0.015
UNCH
-0.020
—
UNCH
0.050
-0.020
-0.010
-0.015
0.010
-0.025
12
173.5
15
1041.4
55.3
15
220.9
136.9
40.9
172.6
—
—
43.6
4
—
771.5
—
—
47.5
106.1
—
5.6
5.1
683.6
885.3
777.6
173.6
6.4
—
747
64.6
1
0.2
5
117
185.8
1
223.5
—
3247.5
—
10
199.2
—
41
109.8
6230.5
874.4
3.6
91.1
183.2
—
3
11.1
859.5
107.4
167.4
2735.9
60
3.737 19.00
6.268
8.80
1.010
9.50
1.454 11.55
2.904 16.33
0.793 236.36
12.308 12.70
0.323
—
0.245 15.88
0.856 56.21
—
—
—
—
3.054
2.61
0.471 13.74
—
—
1.324 19.10
— 18.42
— 83.33
0.997
—
0.354
—
—
—
2.291
9.86
1.956
9.61
2.604 13.87
4.736
8.94
0.363
2.32
0.388
—
15.569 20.69
—
—
0.140
—
0.326 19.44
1.260
6.57
1.330
0.57
0.350
—
3.121
8.59
2.352
6.70
0.690 56.10
2.430 11.49
—
—
4.975 15.13
— 140.91
0.150 19.74
1.718 13.30
— 28.94
1.034
8.53
0.757
—
1.201 19.52
0.751 61.07
0.320
—
1.700
8.20
2.399 19.98
—
—
0.425 29.72
2.268 13.88
1.184
9.46
0.934 12.47
0.935 15.63
0.267
—
0.578
—
1.34
1.90
5.94
4.14
3.79
—
1.80
—
—
3.49
—
6.45
—
2.55
—
1.50
1.48
3.33
—
—
—
3.48
2.55
1.54
4.41
—
—
7.08
6.96
—
—
—
—
—
2.88
7.63
—
4.12
5.05
2.02
1.61
—
6.36
2.23
2.91
—
4.88
4.03
—
1.76
3.85
—
—
4.44
1.55
1.81
2.15
—
—
512.1
543.8
73.5
459.7
382.8
57.4
2,810.6
28.0
80.4
163.1
115.0
24.8
918.0
88.1
26.4
1,476.9
502.1
33.6
419.4
31.9
336.5
276.0
156.8
1,761.6
1,683.1
158.1
70.2
1,921.1
5.3
20.9
22.5
50.5
53.7
53.5
328.4
227.7
61.4
266.0
252.3
6,223.2
66.3
34.3
685.8
781.2
82.4
86.8
1,414.3
577.3
27.0
226.7
792.7
47.7
17.0
540.0
568.0
308.8
148.8
90.6
58.3
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
0.300
0.105
0.715
0.650
0.495
0.410
0.885
0.900
1.650
1.290
1.410
0.595
2.080
4.650
0.840
0.840
1.340
1.290
1.800
3.430
0.725
0.555
1.030
0.210
1.890
0.895
1.730
1.540
0.820
0.345
1.210
0.250
1.180
2.350
0.365
1.170
1.660
0.115
3.500
0.665
1.600
0.360
0.445
1.420
0.520
1.660
0.735
0.210
—
UNCH
-0.015
-0.010
-0.005
0.005
UNCH
UNCH
-0.010
-0.040
-0.010
UNCH
UNCH
-0.100
-0.010
-0.030
—
—
-0.020
-0.020
-0.025
—
-0.030
UNCH
0.060
UNCH
-0.030
—
-0.010
—
-0.010
-0.005
UNCH
UNCH
UNCH
-0.020
-0.040
UNCH
UNCH
-0.015
-0.020
UNCH
UNCH
-0.030
-0.010
0.020
UNCH
UNCH
—
358
952.4
11.2
594.9
5259.5
149.5
46.1
5.9
3163.9
373.1
281.7
1305.5
3296.6
491.4
892.7
—
—
1052.3
5421.9
1365.1
—
715.9
45
1114.2
20
364.7
—
74.5
—
686.1
55.2
269.7
38.1
491.4
6.4
2959.8
212.2
29.8
85.9
1124.2
201.8
438
2
13.1
750.2
2
917.6
— 17.34
0.103
—
0.714 15.08
0.651
7.57
0.496 330.00
0.425 23.98
0.880 17.12
0.899 13.85
1.608
6.14
1.267 11.68
1.411 52.42
0.592 31.32
2.090
5.10
4.638 17.53
0.841
—
0.839
4.11
—
—
—
—
1.811 12.99
3.429 14.10
0.731 12.48
—
—
1.032 10.86
0.208 21.21
1.905 10.65
0.898 895.00
1.746
7.21
—
—
0.804 17.48
—
8.06
1.212
8.58
0.253
—
1.185
—
2.295 13.08
0.364 18.43
1.170 24.84
1.657
8.40
0.115 19.17
3.486 16.36
0.669
9.21
1.599 16.28
0.360
7.03
0.449
6.96
1.420 12.40
0.520 18.98
1.641
9.24
0.735
—
0.210
5.82
—
—
2.80
6.15
0.61
4.88
3.39
4.44
1.82
1.94
1.42
2.10
2.40
2.58
—
—
1.87
1.16
1.33
2.48
1.38
—
—
—
1.59
—
3.35
—
2.13
—
4.13
—
—
2.13
2.74
4.27
5.42
—
5.14
0.75
2.50
—
1.46
—
1.71
1.81
—
—
13.8
30.6
345.7
197.5
401.8
95.8
305.7
159.2
153.0
690.2
1,206.2
215.8
537.9
11,220.6
328.4
292.6
10.6
23.9
1,048.8
12,307.5
377.0
94.8
451.5
39.5
502.4
897.4
520.0
210.2
98.4
23.1
778.0
57.9
651.9
1,108.9
238.7
106.8
562.5
36.5
572.3
514.7
2,068.6
115.3
213.8
94.2
90.7
2,087.2
87.5
177.4
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
0.330
0.290
2.800
0.195
1.910
6.670
0.365
0.085
9.520
2.160
0.055
0.770
0.135
2.670
5.260
0.615
5.600
0.320
0.700
0.430
0.245
6.900
1.150
2.170
0.365
1.870
0.695
0.400
3.080
0.150
0.925
3.780
0.460
1.790
3.400
0.865
0.500
0.440
0.075
0.785
0.045
2.000
0.080
1.280
1.160
0.600
1.570
3.780
1.290
0.295
1.130
0.275
0.230
3.670
0.285
-0.010
0.005
-0.020
-0.005
0.010
-0.030
-0.010
UNCH
—
0.010
UNCH
-0.020
0.015
-0.100
-0.010
0.025
-0.050
—
-0.020
UNCH
-0.010
0.100
-0.020
-0.030
-0.020
-0.010
-0.005
UNCH
0.040
UNCH
0.015
-0.110
UNCH
—
UNCH
-0.015
0.010
-0.010
—
UNCH
UNCH
UNCH
UNCH
-0.030
-0.040
0.020
-0.020
-0.120
-0.030
-0.030
-0.020
—
0.005
-0.110
-0.005
29607.6
1841.4
567.2
1015.7
22577.9
1070.3
873
693.1
—
9
1633.7
13773.4
19886.6
2043.8
50.1
12605.9
3554.6
—
380.1
334.2
727.6
51
2034.9
814.5
15102.5
3
23
34.1
516.4
4178
74.5
220
53
—
25.6
76.4
1
2.1
—
40
1182.2
285.4
2160.3
716.7
155.4
7626.4
9630.3
30.8
1810.4
793.5
217.5
—
3305.6
140.7
384.1
0.338
—
0.294
—
2.799 29.44
0.193 20.97
1.916
9.86
6.709
—
0.366
6.52
0.083
—
— 24.48
2.156 10.26
0.054
—
0.772
—
0.139
—
2.676 22.82
5.249 29.08
0.607 18.14
5.602 18.97
—
8.44
0.701 29.17
0.428
—
0.241
—
6.900 24.88
1.135
—
2.189 12.45
0.371
—
1.877 36.88
0.693
—
0.400
—
3.049 14.85
0.146 19.74
0.917
—
3.794 295.31
0.460
—
— 29.59
3.400
6.23
0.870 10.01
0.500 34.48
0.421
—
—
—
0.779 25.32
0.045 75.00
1.996
9.54
0.077
—
1.289
6.54
1.163 10.46
0.605 23.08
1.578 27.99
3.869 16.19
1.301 34.13
0.312
8.06
1.120 14.52
—
—
0.231
—
3.665 15.62
0.288
4.07
—
34.48
1.43
—
2.09
1.27
—
—
4.20
1.39
—
1.06
1.85
4.49
5.23
—
3.93
3.91
2.86
—
—
3.19
—
4.45
2.74
1.74
—
—
5.34
—
—
5.29
—
1.12
1.47
4.62
1.50
1.30
4.00
3.82
—
2.50
—
5.47
4.74
—
1.40
2.51
1.55
—
1.99
—
—
4.09
—
1,368.9
118.9
3,931.2
31.2
5,315.5
11,066.8
337.4
20.4
1,565.0
129.7
23.9
4,517.0
89.6
13,897.4
1,334.2
159.6
49,408.1
121.7
577.3
180.2
52.6
3,174.0
356.6
2,488.3
1,705.7
707.4
3,475.2
94.0
4,161.2
445.9
218.6
3,909.2
107.6
389.7
342.5
330.5
63.8
74.2
54.0
96.1
96.0
497.3
138.9
1,122.7
464.0
557.5
8,233.4
595.9
1,741.5
72.5
569.5
16.5
71.6
3,052.1
202.1
YEAR
LOW
DAY
HIGH
DAY
LOW
0.810 0.820
0.820
1.047
—
—
0.710 1.390
1.390
0.966 1.170
1.150
0.481 0.650
0.610
0.425 0.460
0.445
1.217 1.270
1.270
0.145 0.165
0.160
0.110
—
—
1.892 2.350
2.300
0.815 1.520
1.460
3.722 4.480
4.390
6.510 8.880
8.590
1.034 1.710
1.680
0.380
—
—
1.773 2.550
2.520
0.060
—
—
0.265 0.280
0.280
3.958 7.710
7.610
1.140 1.190
1.140
2.800
—
—
0.005 0.010
0.005
0.250 0.375
0.370
5.320 6.550
6.400
0.683 0.795
0.785
0.920 1.000
0.985
0.205 0.270
0.250
1.450 1.670
1.670
0.315 0.370
0.370
0.290 0.320
0.315
1.638 1.880
1.850
0.230
—
—
1.250
—
—
3.904 4.260
4.190
0.955 1.050
1.040
0.350 0.595
0.580
0.175 0.185
0.175
0.235 0.285
0.280
0.165 0.300
0.270
0.500 0.670
0.670
0.969 1.700
1.670
2.392 2.450
2.410
1.165 1.660
1.610
0.135 0.155
0.155
5.500 5.670
5.500
0.510 0.835
0.770
1.914 2.220
2.130
0.997 1.440
1.400
0.484 0.725
0.715
0.650
—
—
1.654 1.760
1.680
0.875 1.130
1.070
7.227 8.500
8.300
1.490 2.100
2.050
0.330 0.360
0.345
0.060 0.070
0.065
0.155 0.185
0.175
0.245 0.300
0.290
1.241 2.030
1.930
0.560
—
—
0.065 0.070
0.065
0.660
—
—
0.583 0.780
0.770
1.207 1.460
1.430
0.085 0.100
0.095
1.646 2.260
2.230
0.378 0.415
0.410
0.445 0.570
0.565
0.865 0.915
0.870
0.896 1.110
1.110
0.055 0.070
0.065
0.816 1.290
1.260
1.350
—
—
0.230 0.260
0.250
0.135 0.145
0.140
4.718 6.400
6.350
18.351 23.860 23.800
0.030
—
—
5.176 5.610
5.560
0.155 0.175
0.160
0.205
—
—
2.040 2.920
2.790
1.559 2.510
2.460
2.410 2.550
2.530
1.000 1.090
1.060
0.100 0.160
0.155
0.340 0.395
0.375
0.545 0.645
0.630
0.591 0.780
0.780
0.430 0.450
0.430
0.090
—
—
1.543
—
—
0.135 0.180
0.170
0.195 0.235
0.220
0.968
—
—
1.200 1.300
1.210
1.293 1.390
1.380
6.485 7.810
7.600
0.720
—
—
1.360 1.680
1.630
1.310 1.330
1.320
2.206 2.450
2.400
2.448
—
—
0.100 0.120
0.110
1.877 2.270
2.200
0.330 0.360
0.350
1.192 1.320
1.290
1.471 1.570
1.570
10.103 14.300 14.000
1.229 1.660
1.620
0.300 0.310
0.310
0.130 0.135
0.130
5.792 6.750
6.610
0.460 0.780
0.750
0.882 1.290
1.260
0.330 0.455
0.455
2.760
—
—
0.900 1.000
1.000
2.218
—
—
0.860 0.930
0.915
1.130 1.200
1.170
0.500
—
—
1.560 1.950
1.930
0.360 0.750
0.750
2.130
—
—
0.420
—
—
3.566 4.250
4.110
0.744 1.040
1.020
0.025 0.035
0.035
2.310 2.770
2.740
0.435 0.890
0.870
1.349 1.580
1.550
10.780
2.073
3.070
9.770
9.650
4.126
1.370
3.170
7.329
3.841
0.310
1.192
11.509
7.327
12.153
1.778
0.572
0.842
0.105
1.702
0.460
13.847
0.624
2.650
8.180
1.260
2.820
1.290
1.209
16.745
0.727
13.300
2.330
4.100
10.200
—
4.560
1.690
3.950
8.600
4.760
0.350
1.240
13.560
—
15.100
2.180
0.690
0.905
0.120
2.680
0.510
15.500
1.090
2.780
9.010
1.310
3.020
1.470
1.320
19.100
0.760
13.140
2.300
3.950
10.200
—
4.460
1.680
3.810
8.330
4.540
0.350
1.230
13.140
—
14.760
2.180
0.680
0.905
0.120
2.680
0.490
15.220
1.030
2.780
8.760
1.280
3.000
1.450
1.310
18.520
0.750
CODE
5081
5208
7189
5056
6939
9318
7210
0128
9377
5209
0078
4715
3182
3204
7676
7668
7110
7253
3034
2062
5008
7013
5255
5225
5614
5673
8923
0058
8672
5079
6491
0151
5035
5878
5843
9121
4847
6874
7170
8486
5143
3859
5264
3514
6012
5077
5983
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)
4.27
2.94
—
0.64
3.97
1.33
3.94
—
—
3.52
0.68
1.60
0.41
2.07
1.40
5.93
—
—
2.61
2.14
0.50
—
—
0.47
3.14
3.00
—
2.10
—
—
4.52
2.08
1.43
1.66
3.85
—
—
1.79
—
—
3.89
6.58
4.27
4.52
3.61
1.28
3.15
6.99
5.85
—
4.51
—
3.59
1.84
1.67
—
—
—
0.62
—
—
1.14
0.78
4.14
—
—
5.42
3.72
—
3.38
—
1.55
1.30
—
—
1.10
2.52
—
5.40
3.59
—
4.68
1.52
—
—
3.23
—
3.13
4.49
—
—
3.40
—
—
3.95
10.74
1.67
3.29
1.35
1.23
1.95
7.50
2.40
—
3.10
—
6.15
2.87
2.06
9.09
—
—
3.20
0.18
3.17
—
1.36
5.00
2.14
1.08
2.94
—
1.94
—
3.04
—
2.62
1.47
—
0.55
—
6.09
190.6
176.8
127.7
355.7
333.8
216.1
221.5
168.5
29.4
3,017.4
2,019.5
26,364.9
32,154.1
507.7
101.5
511.5
5.2
44.8
17,898.3
468.5
205.5
106.0
435.6
52,635.0
141.5
72.5
37.9
233.8
73.3
40.3
520.8
52.8
139.5
4,461.4
519.0
86.5
72.5
155.8
54.5
155.2
453.6
3,493.7
8,200.0
163.4
41,606.8
780.0
867.4
1,586.2
1,214.8
31.5
679.2
1,744.0
37,272.7
6,272.8
58.6
53.1
513.2
695.0
4,688.2
48.1
56.1
90.5
610.0
671.7
102.3
521.8
116.2
348.3
962.6
367.7
60.9
415.1
1,198.8
311.8
27.4
1,184.9
23,683.9
2.8
1,439.4
111.9
11.8
1,503.7
1,190.6
255.0
941.6
204.3
322.0
433.7
106.1
83.6
20.8
835.3
326.0
538.6
59.6
905.2
1,702.1
48,149.0
30.0
9,827.1
220.3
1,772.6
152.5
444.6
651.3
432.0
1,572.3
314.0
79,462.0
204.8
118.3
151.3
25,140.6
1,351.6
530.1
18.7
189.1
108.0
113.9
1,999.9
153.0
57.6
567.3
99.0
154.6
19.7
14,424.3
183.6
21.3
3,005.2
139.5
16,838.6
4.52
3.47
3.62
0.64
0.75
4.53
2.98
3.11
4.03
3.08
—
5.53
3.04
0.84
2.49
4.59
1.47
4.42
—
3.73
1.96
4.56
5.66
3.24
6.15
7.75
—
—
7.40
3.02
7.95
1,895.0
4,468.8
6,161.5
1,727.0
955.4
13,503.5
358.8
6,227.6
4,582.0
39,629.0
100.3
229.5
28,613.9
2,493.7
17,327.5
556.2
471.5
120.0
74.8
321.6
373.2
5,099.3
310.3
562.6
85,810.2
3,663.1
643.5
1,036.8
322.2
72,052.5
257.4
EIG
EITA
EKIB
ENGTEX
FIAMMA
FITTERS
FREIGHT
FRONTKN
FSBM
GASMSIA
GDEX
GENM
GENTING
GKENT
GUNUNG
HAIO
HAISAN
HANDAL
HAPSENG
HARBOUR
HARISON
HUBLINE
ICON
IHH
ILB
IPMUDA
JIANKUN
JOBST
KAMDAR
KBES
KFIMA
KGB
KNUSFOR
KPJ
KPS
KPSCB
KTB
KUB
LFECORP
LIONFIB
LUXCHEM
MAGNUM
MALAKOF
MARCO
MAXIS
MAYBULK
MBMR
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
0.820
1.360
1.390
1.170
0.630
0.450
1.270
0.160
0.230
2.350
1.460
4.440
8.590
1.690
0.430
2.530
0.065
0.280
7.660
1.170
3.000
0.010
0.370
6.400
0.795
1.000
0.250
1.670
0.370
0.320
1.880
0.240
1.400
4.220
1.040
0.585
0.180
0.280
0.300
0.670
1.670
2.430
1.640
0.155
5.540
0.780
2.220
1.430
0.720
0.750
1.690
1.090
8.350
2.060
0.360
0.070
0.175
0.295
1.950
0.800
0.065
0.880
0.770
1.450
0.100
2.230
0.415
0.565
0.880
1.110
0.070
1.290
1.540
0.255
0.140
6.350
23.840
0.055
5.560
0.170
0.235
2.800
2.460
2.550
1.060
0.155
0.375
0.640
0.780
0.450
0.110
2.350
0.170
0.230
1.140
1.210
1.380
7.610
0.740
1.640
1.330
2.400
2.500
0.115
2.260
0.360
1.300
1.570
14.080
1.650
0.310
0.135
6.690
0.780
1.260
0.455
2.760
1.000
2.800
0.925
1.190
0.520
1.950
0.750
2.300
0.440
4.230
1.020
0.035
2.750
0.870
1.560
-0.010
20
—
—
0.010
38
UNCH
764.6
-0.020 1268.4
-0.005
1007
UNCH
13.2
-0.005 4460.8
—
—
0.040
20.2
-0.050
411.6
-0.030
2812
-0.250 5033.9
-0.020
425
—
—
-0.010
33.2
—
—
UNCH
25.8
UNCH 2168.5
-0.030
76.2
—
—
UNCH
545.6
UNCH 2086.3
-0.150 6826.1
0.005
5
-0.020
28
-0.020 1035.4
UNCH
4.1
UNCH
75
0.005
20.1
UNCH
32
—
—
—
—
-0.010
23
-0.020
42
-0.010
275.7
0.005
415.1
UNCH
588.2
0.025
25.7
-0.020
1
-0.030
178.5
UNCH
155.7
UNCH 4349.6
-0.005
347
-0.060 3612.2
-0.050 5031.9
0.050
184.7
0.020
513
-0.005
96.5
—
—
-0.060
937.5
-0.030
532.9
-0.100 2814.3
-0.040
590.1
0.010
109.8
0.005
545.1
-0.010
678.8
-0.005 3255.4
-0.060 5476.2
—
—
UNCH
529
—
—
-0.010 1305.5
-0.020
4.1
0.005
197
-0.040
98
-0.005
54.6
UNCH
86
-0.030 4792.9
UNCH
48
UNCH 1215.1
-0.010
91.4
—
—
-0.005 4420.9
UNCH
40
-0.070
145
UNCH
245.8
—
—
-0.050
13.3
0.010 1048.5
—
—
-0.100
698.5
-0.040
618.3
UNCH
30
-0.040
666.8
-0.005 2155.2
-0.010
30.1
-0.005 1410.9
0.015
0.1
UNCH
53.3
—
—
—
—
-0.005 4494.1
-0.005
737.4
—
—
-0.070
588.8
-0.010
193.8
-0.090 2867.4
—
—
-0.010 39916.3
UNCH
16
-0.030
172.9
—
—
-0.005 13795.7
-0.010
54.1
-0.010
251.3
-0.020
88.3
UNCH
1.8
-0.280
14988
-0.030
104
UNCH
5.3
0.005 1071.4
0.040 2646.3
0.010
331.6
-0.020
229.4
0.045
5.5
—
—
UNCH
3
—
—
-0.010
957.6
-0.070
45.8
—
—
-0.030
58
0.030
10
—
—
—
—
0.080 2117.7
-0.010
99.1
UNCH
110
-0.010
319
-0.005 1690.6
UNCH 11568.1
0.820
9.14
—
8.36
1.390 25.55
1.158
8.60
0.629
5.04
0.451 21.43
1.270 10.70
0.161 40.00
—
—
2.309 28.45
1.495 58.87
4.428 19.99
8.660 23.00
1.689 10.12
—
—
2.531 14.41
—
—
0.280
7.43
7.660 18.13
1.161
8.93
— 13.12
0.010
—
0.370
—
6.446 56.24
0.790
—
0.991 41.32
0.257
—
1.670
9.20
0.370
—
0.315
—
1.861 11.40
—
—
— 80.46
4.223 32.31
1.041 13.11
0.587
2.73
0.181 58.06
0.280 19.44
0.274 30.61
0.670
—
1.682 11.06
2.426 15.09
1.634
3.35
0.155
8.29
5.596 22.49
0.794
—
2.142 10.33
1.411 11.44
0.722 10.70
— 153.06
1.707
5.78
1.085 39.49
8.368 15.11
2.083 25.69
0.349
6.28
0.065 11.67
0.179
—
0.292
3.72
1.969 46.32
—
—
0.065 36.11
— 15.52
0.773 19.25
1.439 14.72
0.095 11.49
2.234 26.36
0.413 13.39
0.567
9.07
0.883
—
1.110
9.68
0.070
—
1.272
8.10
—
—
0.255
—
0.141
—
6.371 15.61
23.837 30.00
—
0.48
5.592 17.13
0.169
—
—
—
2.838 21.91
2.495 69.10
2.548
3.04
1.073 25.30
0.158
9.28
0.375
—
0.638 19.39
0.780 26.26
0.430
8.75
—
—
— 20.96
0.171
6.30
0.224 10.80
—
4.98
1.255 32.44
1.381 30.26
7.621 23.91
— 22.16
1.648
—
1.321 28.54
2.415 13.34
— 18.78
0.116 10.36
2.224
4.96
0.356 97.30
1.305 17.20
1.570 11.33
14.078 16.19
1.634 20.37
0.310
—
0.131
—
6.649 35.74
0.761 76.47
1.270
6.71
0.455 75.83
— 18.54
1.000 12.77
—
6.75
0.919
—
1.186 13.49
—
—
1.944 90.70
0.750
—
— 130.68
— 20.66
4.213 25.95
1.030 11.27
0.035
—
2.755 12.98
0.881 110.13
1.559 17.69
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
13.160
2.300
3.980
10.200
10.380
4.480
1.680
3.920
8.560
4.540
0.350
1.240
13.200
10.100
15.100
2.180
0.680
0.905
0.120
2.680
0.510
15.360
1.060
2.780
8.780
1.290
3.020
1.450
1.310
18.560
0.755
-0.020
41.1
-0.020
106.5
-0.020 1307.1
UNCH
5.3
—
—
-0.050 1198.1
UNCH
3
0.070
355.7
0.150
114.8
-0.130 14602.9
-0.030
37.1
UNCH
92.9
-0.260
1365
—
—
0.160
141.7
-0.010
4
UNCH
220.2
UNCH
22
UNCH
119
UNCH
36.1
0.015
16.2
0.040
13.2
UNCH
805.7
-0.120
1
-0.150 7717.4
-0.010
573.4
UNCH
37.8
0.010
245.5
0.010
57
-0.140 4028.6
UNCH
103
13.173
2.313
3.993
10.200
—
4.486
1.680
3.913
8.401
4.580
0.350
1.239
13.205
—
14.904
2.180
0.683
0.905
0.120
2.680
0.492
15.319
1.066
2.780
8.809
1.290
3.000
1.455
1.312
18.589
0.751
8.83
12.11
12.52
5.55
—
8.73
18.50
11.03
22.72
13.48
8.12
8.88
12.11
30.40
9.99
15.01
5.44
—
—
54.81
32.69
15.49
12.79
15.83
12.19
13.31
9.23
16.37
13.10
14.00
5.51
7
0
4
1
PROP
0
1
0
0
0
0
0
1
2
2
2
1
1
0
1
1
2
1
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
2
0
1
2
0
1
1
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
2
18
9
1
0
9
0
8
2
11
1
1
1
2
3
0
0
5
24
3
3
0
4
1
1
0
2
4
0
1
0
4
3
0
5
2
0
1
1
2
6
26
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)
0.6
6.8
7.7
5.7
3.8
6.1
1.5
8.5
9.4
7.4
9.5
4.9
4.1
7.7
1.5
1.5
5.2
4.8
8.3
8.5
5.5
6.0
5.6
5.0
1.5
2.5
7.9
3.8
3.3
0.3
0.8
2.8
9.5
1.4
9.0
6.5
2.5
5.8
4.5
5.2
3.6
3.7
0.0
3.4
6.8
0.0
7.4
6.2
4.8
1.5
9.2
4.0
2.7
2.8
8.6
3.1
3.2
5.0
8.2
8.1
6.1
0.5
0.0
1.7
2.3
1.8
6.2
8.3
2.6
7.7
0.9
5.1
8.8
1.8
7.4
4.9
3.9
2.8
9.4
1.9
1.8
3.7
0.6
5.0
1.6
4.3
2.0
3.7
6.1
3.6
0.8
5.3
6.0
8.6
9.6
5.2
2.1
9.0
0.0
7.1
0.3
2.6
2.5
4.6
1.3
2.0
2.3
4.0
2.0
4.8
8.3
1.3
0.6
1.6
0.1
8.7
9.1
8.0
3.9
9.9
3.0
7.6
7.3
9.0
4.6
9.7
4.3
3.6
1.3
5.2
9.5
8.6
5.0
8.8
1.5
7.0
5.4
3.5
8.8
7.6
2.0
9.0
0.3
9.5
3.9
3.7
7.5
6.2
1.5
0.0
4.8
1.6
3.2
9.3
0.3
2.6
0.2
3.1
3.5
6.8
2.2
2.5
7.4
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
7.532 4.911
0.700 0.505
4.440 3.654
1.860 1.100
PROPERTIES
0.992 0.693
1.138 0.760
0.495 0.354
0.295 0.155
0.680 0.460
0.710 0.475
0.909 0.721
1.420 0.900
2.342 1.590
2.621 1.434
2.595 1.939
1.080 0.430
1.920 1.380
0.350 0.210
1.830 1.170
1.310 0.680
2.950 1.750
1.000 0.655
0.626 0.445
0.931 0.710
0.498 0.332
0.665 0.425
1.459 1.005
0.750 0.430
1.976 1.547
0.668 0.455
1.313 0.950
2.824 2.213
2.450 1.735
0.480 0.315
1.320 0.745
0.325 0.185
0.075 0.040
1.217 0.850
1.909 1.200
0.510 0.324
1.548 1.209
1.630 1.179
0.355 0.230
1.129 0.805
1.692 1.240
0.891 0.607
2.649 1.999
1.380 1.032
0.635 0.495
0.980 0.555
0.440 0.275
2.810 1.842
0.457 0.286
0.255 0.145
1.482 0.775
1.500 0.850
0.390 0.265
2.880 1.950
2.980 1.385
1.993 1.473
2.051 1.374
0.510 0.280
1.477 1.253
2.274 1.679
0.290 0.195
1.730 0.715
1.103 0.625
1.080 0.855
0.665 0.450
3.308 2.740
0.200 0.130
1.097 0.735
5.482 4.111
3.455 2.800
1.150 0.810
3.344 2.836
0.845 0.690
0.325 0.225
8.648 6.000
0.085 0.045
1.762 1.133
0.195 0.095
0.760 0.250
0.095 0.045
1.944 1.350
1.149 0.774
1.370 0.755
2.280 1.680
1.601 1.113
1.764 0.756
2.060 1.474
0.800 0.595
MINING
1.400 1.140
PLANTATIONS
2.020 1.000
18.360 16.560
9.500 7.612
1.568 1.053
0.830 0.685
9.141 7.500
0.580 0.380
8.194 6.910
2.075 1.166
11.560 8.494
1.780 1.046
1.450 0.905
1.120 0.790
2.518 1.881
3.800 2.990
0.750 0.605
0.785 0.545
5.040 3.622
24.780 19.357
3.569 2.891
3.600 2.146
0.645 0.345
4.000 2.410
1.900 1.410
1.860 1.500
0.995 0.800
2.850 1.930
4.965 3.900
0.350 0.200
1.220 0.800
0.675 0.465
4.080 3.442
3.300 2.653
0.825 0.450
5.030 3.610
2.189 1.654
0.810 0.510
1.610 1.090
1.730 1.150
2.350 1.730
6.312 5.280
26.957 23.977
HOTELS
0.753 0.497
1.420 0.840
0.345 0.205
6.966 5.300
TECHNOLOGY
0.900 0.620
0.400 0.195
0.220 0.100
0.430 0.240
0.255 0.130
0.235 0.150
0.300 0.180
1.780 1.160
1.280 0.517
2.056 1.149
1.280 0.710
0.305 0.185
0.319 0.240
6.795 3.190
0.743 0.550
3.924 2.181
0.200 0.100
0.872 0.555
5.950 2.805
0.250 0.060
10.700 5.564
6.150
0.550
3.990
1.330
5.900
0.540
3.970
1.310
1066
4898
6139
5230
0.895
0.920
0.435
0.185
0.500
—
0.795
—
1.680
1.500
2.360
0.770
1.560
0.255
1.320
0.720
2.110
—
0.520
0.815
—
0.490
1.250
—
1.820
0.515
—
2.500
2.420
0.360
0.940
0.220
0.050
0.990
1.240
0.345
1.380
1.600
0.250
1.010
1.480
0.695
2.500
1.200
0.520
0.945
0.285
2.530
0.335
0.185
1.220
—
0.315
2.260
—
1.660
1.580
0.405
1.430
1.750
0.260
1.110
0.710
1.000
0.480
2.970
0.140
0.790
5.010
3.190
0.840
3.140
0.710
0.245
—
0.055
1.400
0.100
0.260
0.050
1.450
1.000
1.030
2.230
1.180
1.020
2.060
0.625
0.890
0.920
0.435
0.185
0.460
—
0.795
—
1.680
1.500
2.280
0.730
1.520
0.250
1.280
0.680
2.100
—
0.510
0.810
—
0.475
1.160
—
1.810
0.500
—
2.470
2.370
0.360
0.905
0.205
0.045
0.990
1.200
0.340
1.380
1.580
0.250
1.010
1.460
0.690
2.480
1.200
0.520
0.910
0.285
2.480
0.335
0.185
1.180
—
0.305
2.200
—
1.620
1.570
0.370
1.400
1.720
0.245
1.110
0.695
0.925
0.475
2.960
0.140
0.765
4.990
3.080
0.835
3.110
0.710
0.240
—
0.050
1.390
0.100
0.250
0.045
1.450
0.990
1.000
2.190
1.180
1.010
1.900
0.620
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
1.240
1.210
2186
KUCHAI
1.220
UNCH
18
1.830
17.600
—
1.490
0.735
—
0.465
7.860
1.470
10.740
1.410
1.410
0.900
2.390
3.500
0.745
0.670
4.480
24.040
3.300
3.350
0.550
3.980
1.470
1.650
0.950
—
—
0.300
1.020
0.540
—
3.050
—
4.420
2.020
0.715
1.210
1.670
2.030
5.910
26.600
1.770
17.600
—
1.480
0.725
—
0.455
7.840
1.450
10.420
1.400
1.350
0.900
2.380
3.470
0.745
0.645
4.370
23.200
3.300
3.320
0.545
3.960
1.470
1.650
0.905
—
—
0.290
1.020
0.530
—
3.050
—
4.390
1.980
0.690
1.190
1.650
2.000
5.890
26.000
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
1.800
17.600
8.690
1.490
0.725
8.000
0.455
7.860
1.460
10.500
1.410
1.350
0.900
2.380
3.500
0.745
0.670
4.400
23.380
3.300
3.330
0.545
3.970
1.470
1.650
0.950
2.330
4.120
0.300
1.020
0.535
3.820
3.050
0.565
4.390
2.020
0.700
1.190
1.650
2.000
5.900
26.000
-0.020
-0.400
—
UNCH
-0.005
—
-0.005
0.060
0.010
-0.200
-0.010
-0.050
UNCH
-0.010
UNCH
UNCH
UNCH
-0.020
-0.540
0.110
-0.060
-0.005
0.010
-0.030
-0.100
0.050
—
—
0.030
UNCH
-0.010
—
-0.040
—
-0.020
UNCH
-0.015
-0.020
-0.020
-0.030
-0.060
-0.800
78.3
9
—
95.2
92.7
—
149.6
4.6
4060.2
848.2
11
3.2
3
5.2
250
0.6
5.2
4409.7
1464.9
0.1
44.9
284
4170.5
7
1
19.1
—
—
6
10.6
209.9
—
1
—
87.9
3
835
58.8
695.7
49.6
49.4
51
—
0.950
0.330
5.640
—
0.940
0.315
5.400
5592
1643
1287
5517
GCE
LANDMRK
PMHLDG
SHANG
0.565
0.940
0.330
5.460
—
0.025
0.005
-0.230
—
547.6
1104
453.5
—
0.950
0.320
5.419
—
0.265
0.105
0.300
0.150
0.155
0.230
1.690
1.280
1.600
0.875
0.265
0.255
3.560
0.570
2.740
—
0.665
4.130
0.170
7.250
—
0.250
0.100
0.300
0.150
0.150
0.225
1.650
1.230
1.570
0.860
0.250
0.250
3.190
0.560
2.690
—
0.650
4.120
0.165
7.120
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
0.705
0.255
0.105
0.300
0.150
0.155
0.225
1.650
1.270
1.570
0.860
0.250
0.255
3.240
0.570
2.740
0.160
0.650
4.120
0.165
7.200
—
-0.005
UNCH
UNCH
UNCH
-0.005
-0.005
-0.040
0.090
-0.030
-0.015
UNCH
0.005
-0.180
-0.015
0.010
—
-0.010
-0.110
-0.010
-0.200
—
953.1
77
49.6
518.8
145
268.3
247.5
3521.4
120.4
141.5
2818.3
76.7
9100.5
6
1746.6
—
1956.1
9
1598
85.6
—
0.254
0.100
0.300
0.150
0.152
0.228
1.674
1.255
1.578
0.871
0.256
0.250
3.361
0.562
2.712
—
0.658
4.122
0.167
7.192
CODE
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
RHBCAP
TA
TAKAFUL
TUNEPRO
6.000
0.545
3.970
1.310
-0.120
-0.005
UNCH
-0.020
681.8
776.9
834
321.9
5.965
0.542
3.972
1.323
10.33
—
20.70
14.29
2.00
1.01
3.61
3.08
18,448.0
933.0
3,256.1
984.8
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
0.890
0.920
0.435
0.185
0.500
0.505
0.795
1.020
1.680
1.500
2.300
0.730
1.550
0.255
1.280
0.720
2.110
0.780
0.520
0.810
0.405
0.480
1.230
0.510
1.820
0.505
1.030
2.470
2.400
0.360
0.920
0.210
0.050
0.990
1.210
0.345
1.380
1.590
0.250
1.010
1.470
0.690
2.490
1.200
0.520
0.920
0.285
2.490
0.335
0.185
1.190
0.850
0.315
2.210
2.600
1.640
1.570
0.375
1.400
1.740
0.255
1.110
0.695
0.970
0.480
2.960
0.140
0.785
5.000
3.190
0.840
3.130
0.710
0.240
6.400
0.050
1.390
0.100
0.260
0.050
1.450
1.000
1.030
2.220
1.180
1.020
1.980
0.620
-0.005
UNCH
UNCH
-0.005
0.020
—
-0.005
—
0.030
0.020
-0.030
-0.040
0.020
0.005
-0.010
UNCH
-0.010
—
UNCH
-0.005
—
-0.015
-0.010
—
0.020
-0.010
—
-0.020
-0.020
UNCH
UNCH
0.005
UNCH
-0.040
-0.040
0.005
-0.010
UNCH
UNCH
0.010
0.010
-0.005
-0.020
-0.030
UNCH
UNCH
UNCH
-0.040
UNCH
UNCH
-0.020
—
0.015
-0.080
—
-0.010
-0.010
UNCH
0.020
-0.010
0.010
-0.020
-0.005
-0.050
-0.005
0.010
0.005
UNCH
UNCH
-0.030
UNCH
UNCH
UNCH
UNCH
—
UNCH
UNCH
UNCH
UNCH
UNCH
UNCH
UNCH
0.010
0.020
-0.010
-0.120
0.010
-0.010
68
171.5
0.5
575.9
50
—
90
—
34
1
7.6
59.9
1185.5
876.5
2184.5
55.6
58.5
—
26
56.7
—
1935.5
39.5
—
109.1
281
—
423.6
1466.4
70.5
2811.9
2169.4
9030.2
200
501.1
1021.7
8
240.2
109
10
300.6
53.5
23.2
5.5
97
1966.5
61.1
162.7
357.2
10
861
—
145
123.2
—
149.7
33.3
3342.2
1.5
8.3
3681.3
15
154.8
902
108.2
24.8
25
22.2
187.4
1001.5
23
1055
3.6
538
—
356.5
25
175
65.2
9383
20
293.3
3241
131.4
9
0.7
2832.8
73
0.893
0.920
0.435
0.185
0.484
—
0.795
—
1.680
1.500
2.298
0.750
1.533
0.252
1.295
0.710
2.110
—
0.513
0.813
—
0.482
1.203
—
1.819
0.509
—
2.485
2.396
0.360
0.928
0.210
0.050
0.990
1.215
0.344
1.380
1.590
0.250
1.010
1.469
0.691
2.484
1.200
0.520
0.927
0.285
2.513
0.335
0.185
1.196
—
0.312
2.225
—
1.636
1.579
0.388
1.428
1.733
0.252
1.110
0.703
0.979
0.478
2.965
0.140
0.771
4.993
3.167
0.840
3.129
0.710
0.240
—
0.051
1.393
0.100
0.257
0.050
1.450
0.996
1.019
2.203
1.180
1.013
1.955
0.622
6.28
14.94
—
0.48
5.94
8.21
22.91
—
21.43
7.09
16.17
—
12.73
9.62
44.14
54.55
28.25
13.07
5.75
6.62
9.51
3.99
4.15
—
4.06
12.47
14.15
15.20
9.64
8.45
85.19
8.37
—
7.62
4.35
7.88
6.45
11.24
—
1.68
9.21
9.30
6.40
20.87
—
7.47
5.85
8.82
9.97
—
6.43
5.38
—
15.25
12.18
3.45
9.82
—
11.23
3.99
—
52.36
11.00
5.68
—
6.85
—
12.54
3.31
10.44
14.95
7.50
21.58
29.27
20.30
125.0
5.81
—
89.66
—
6.58
6.69
18.17
7.89
9.05
7.03
44.20
17.82
3.37
1.63
4.60
1.62
—
—
1.26
—
2.98
13.33
2.17
—
1.94
—
—
—
—
1.92
3.85
5.25
4.94
—
1.63
—
7.14
2.99
3.40
4.05
2.50
—
—
0.95
—
3.03
5.79
5.80
3.62
2.20
—
7.92
4.42
4.35
5.78
1.67
—
—
—
2.81
8.96
—
2.10
—
—
1.58
2.88
3.05
5.25
—
5.36
2.59
—
2.25
2.30
3.09
—
8.45
—
2.55
2.40
3.04
—
3.51
7.04
1.38
5.00
—
6.98
—
—
—
3.10
7.00
1.55
5.86
2.54
8.58
—
—
534.9
335.9
128.7
183.6
206.3
104.4
884.9
281.2
471.2
150.0
488.0
225.8
1,952.7
186.2
3,026.3
200.6
287.4
99.8
73.0
589.5
152.1
218.2
861.6
20.4
480.5
501.0
511.3
3,371.1
10,616.7
160.4
616.1
159.2
288.8
189.8
1,226.1
377.1
104.0
892.2
90.4
336.2
3,541.8
309.4
1,404.8
1,601.7
256.1
245.7
73.3
1,044.4
404.4
53.2
2,245.0
48.0
240.7
552.5
376.7
2,300.7
664.0
77.2
740.4
663.9
88.3
155.0
163.2
413.3
106.3
716.7
29.4
380.0
1,718.1
8,384.8
671.0
6,223.7
220.1
1,277.2
479.1
211.0
590.5
33.5
97.9
69.5
522.0
1,447.5
4,673.6
3,376.2
574.6
203.4
874.1
523.5
1.220
—
0.70
151.0
1.799
—
17.600
9.48
—
—
1.488 30.28
0.731 22.80
— 28.28
0.461
6.44
7.851 15.59
1.460 164.04
10.490 42.84
1.406
—
1.357 32.85
0.900
—
2.380 19.73
3.500 60.66
0.745
—
0.646 13.54
4.401
—
23.385 17.15
3.300
—
3.334 14.04
0.546
—
3.976 38.92
1.470
—
1.650
—
0.905 47.03
—
—
— 48.02
0.292
—
1.020
—
0.536
—
— 39.54
3.050
—
—
—
4.404 22.82
2.007 26.51
0.700 13.97
1.196 16.98
1.659
—
2.013
—
5.901 24.97
26.026 17.76
1.11
2.84
0.23
—
2.07
2.00
—
3.18
2.74
0.52
0.71
2.22
8.89
3.36
1.71
1.57
—
1.82
1.92
0.30
3.90
—
2.39
—
—
1.58
0.43
1.46
—
—
—
1.57
0.66
—
1.14
3.71
2.14
1.68
—
1.00
2.71
1.54
216.0
7,672.7
812.5
2,384.0
230.9
730.9
385.0
1,111.3
5,326.3
8,280.3
314.3
242.1
166.9
1,904.0
3,082.0
313.5
320.3
28,432.0
24,958.3
208.5
1,038.3
1,021.9
5,577.5
458.2
123.8
186.7
279.6
289.2
44.9
333.2
758.9
247.7
202.3
65.0
1,938.6
565.6
1,037.2
1,051.8
657.0
2,690.8
1,234.4
5,411.5
—
—
3300
18.53
3.54
—
—
2.56
111.3
452.0
306.5
2,402.4
42.47
10.76
—
28.85
—
—
15.63
9.22
34.79
10.87
53.75
—
10.08
12.78
62.64
14.96
—
6.61
6.50
—
8.93
—
—
—
—
—
—
—
3.64
2.36
5.10
—
—
1.96
3.40
3.51
2.83
—
10.38
0.73
—
3.19
34.7
127.9
45.7
296.3
57.5
78.9
174.4
297.0
262.6
284.4
559.7
172.6
123.2
913.2
57.7
2,619.7
16.4
1,349.5
177.2
137.7
1,511.2
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
1.400 0.890 0.950
0.950
0.495 0.360 0.385
0.380
0.765 0.410 0.460
0.455
0.360 0.245 0.250
0.245
0.915 0.560 0.655
0.640
0.475 0.235 0.415
0.390
0.105 0.035 0.035
0.035
2.520 1.498 2.200
2.120
3.840 2.684 3.550
3.530
0.960 0.640 0.680
0.655
INFRASTRUCTURE PROJECT COMPANIES
5.846 4.310 4.430
4.390
5.330 3.662 5.200
5.120
1.950 1.010 1.200
1.150
0.575 0.335 0.390
0.380
7.924 5.245 7.450
7.200
1.600 1.400 1.500
1.470
CLOSED-END FUNDS
2.380 2.100 2.350
2.330
EXCHANGE TRADED FUNDS
1.088 1.035
—
—
1.860 1.550
—
—
1.540 1.015 1.125
1.100
1.840 1.580
—
—
1.010 0.900
—
—
1.015 0.850
—
—
1.175 0.990
—
—
1.075 0.940
—
—
REITS
1.067 0.875
—
—
1.570 1.243 1.550
1.520
1.112 0.881 0.990
0.975
0.899 0.705 0.765
0.755
0.905 0.746 0.905
0.900
1.116 0.974 1.070
1.060
1.742 1.490 1.650
1.640
1.500 1.206 1.460
1.440
1.520 1.348 1.520
1.500
1.570 1.199 1.530
1.510
7.500 6.800 7.300
7.170
1.170 0.954 1.160
1.140
1.820 1.346 1.720
1.680
1.650 1.401 1.620
1.590
1.230 1.045 1.230
1.220
1.640 1.397
—
—
1.080 0.946 1.060
1.050
SPAC
0.705 0.650 0.680
0.675
0.695 0.595 0.680
0.675
0.475 0.415 0.445
0.440
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
0.950
0.385
0.460
0.245
0.645
0.390
0.035
2.150
3.550
0.660
-0.005
UNCH
UNCH
-0.040
UNCH
-0.025
UNCH
-0.020
-0.010
UNCH
0.4
138
69.3
26
268.1
71.3
504
616.7
82.5
1679.3
0.950
0.380
0.456
0.249
0.647
0.400
0.035
2.143
3.541
0.664
—
—
—
13.61
7.20
17.33
—
9.33
18.65
8.88
—
—
—
—
—
—
—
4.65
0.56
3.03
57.4
104.1
179.2
59.1
94.5
41.8
42.3
1,577.7
830.4
163.7
6947
6645
6807
5078
5031
6742
DIGI
LITRAK
PUNCAK
SILKHLD
TIMECOM
YTLPOWR
4.400
5.200
1.160
0.385
7.450
1.470
UNCH
-0.100
-0.040
0.005
0.070
-0.030
4855.9
1102
455.4
303.6
364.8
2360.7
4.399
5.120
1.164
0.387
7.298
1.477
20.83
17.72
—
—
9.16
11.59
4.77
4.81
—
—
0.90
6.80
34,210.0
2,718.4
521.2
270.1
4,288.2
11,909.3
5108
ICAP
2.350
UNCH
32.3
2.337
14.72
—
329.0
0800EA
0822EA
0823EA
0820EA
0826EA
0825EA
0821EA
0824EA
ABFMY1
CIMBA40
CIMBC50
FBMKLCI-EA
METFAPA
METFSID
MYETFDJ
MYETFID
1.086
1.635
1.100
1.735
0.942
0.879
1.080
1.000
—
—
-0.030
—
—
—
—
—
—
—
15.6
—
—
—
—
—
—
—
1.109
—
—
—
—
—
—
—
—
—
—
—
—
—
5.23
3.83
—
1.44
—
2.45
2.19
3.15
1,374.2
2.2
13.6
2.9
17.9
17.6
271.6
21.6
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
1.020
1.550
0.975
0.755
0.900
1.070
1.640
1.460
1.500
1.520
7.300
1.140
1.700
1.600
1.220
1.640
1.050
—
0.020
-0.010
-0.005
UNCH
UNCH
-0.020
0.020
-0.010
0.010
0.090
-0.020
0.030
-0.020
UNCH
—
-0.010
—
11
67.7
440.6
130.9
152
10.6
239.1
112.2
798.3
151.2
278.1
756.3
3143.1
79.6
—
169
—
8.29
1.547 16.13
0.978 38.24
0.760
7.58
0.901
8.65
1.070
8.45
1.649 18.34
1.445 12.22
1.506 137.61
1.517 20.51
7.205 11.65
1.150 10.85
1.700 18.10
1.603
8.39
1.229 13.26
—
6.29
1.055 82.68
6.86
4.97
1.23
6.75
6.97
7.34
5.12
5.89
7.00
5.31
4.75
3.65
4.84
5.69
5.68
6.72
7.29
102.0
1,128.8
565.5
518.2
515.9
130.3
1,803.7
2,961.3
601.0
5,286.1
13,178.9
754.0
5,133.7
4,708.3
342.2
693.5
1,390.6
CLIQ
REACH
SONA
0.680
0.680
0.440
0.005
UNCH
UNCH
940.9
2619.6
5433.4
0.679
0.679
0.441
—
—
—
—
—
—
429.0
868.9
620.7
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 0.360
0.320 0.095 0.220
0.429 0.240 0.265
0.075 0.050 0.055
INDUSTRIAL PRODUCTS
0.345 0.175 0.250
0.130 0.060 0.060
0.610 0.405 0.415
0.320 0.110 0.145
0.605 0.260 0.550
0.065 0.040 0.040
0.880 0.355 0.420
0.130 0.070 0.125
0.340 0.110
—
0.165 0.085 0.100
0.210 0.120 0.140
0.150 0.065 0.090
0.500 0.293 0.390
0.195 0.105 0.180
0.100 0.045 0.050
0.145 0.085 0.130
0.200 0.120
—
0.415 0.115 0.145
0.270 0.165 0.205
TECHNOLOGY
0.250 0.100 0.205
0.615 0.275 0.295
0.270 0.100 0.140
1.600 0.260 0.265
0.015 0.005
—
1.310 0.805 0.850
0.095 0.005
—
0.105 0.050 0.055
0.115 0.050 0.055
0.150 0.060 0.105
0.415 0.190 0.280
0.095 0.045 0.070
0.315 0.125 0.135
0.060 0.035 0.040
0.150 0.080 0.085
0.155 0.060 0.065
1.854 0.460 0.645
0.150 0.045 0.045
0.305 0.150 0.160
0.854 0.523
—
0.565 0.150 0.540
0.670 0.180 0.250
0.080 0.040 0.060
0.385 0.100 0.200
0.195 0.105 0.190
0.105 0.050 0.070
0.970 0.460
—
1.950 0.610 1.010
0.588 0.281 0.515
0.110 0.060
—
0.080 0.055 0.060
0.859 0.451 0.500
0.310 0.175 0.215
0.365 0.180 0.230
0.200 0.075 0.160
1.058 0.599
—
0.075 0.025 0.045
0.135 0.050 0.060
0.215 0.085 0.090
1.034 0.536 0.625
0.333 0.270 0.285
0.730 0.165 0.555
0.100 0.030 0.080
0.390 0.150 0.190
0.160 0.060 0.070
0.728 0.313 0.535
0.135 0.030 0.045
0.644 0.307 0.365
0.160 0.065 0.070
0.470 0.170 0.195
0.175 0.065 0.075
0.450 0.272 0.405
0.180 0.080
—
0.368 0.150 0.155
0.160 0.100 0.120
0.355 0.140 0.210
0.340 0.075 0.340
0.270 0.065 0.090
0.390 0.025 0.030
0.305 0.110 0.160
0.560 0.451 0.530
TRADING SERVICES
0.270 0.150
—
0.170 0.095 0.095
0.095 0.040 0.045
0.316 0.196
—
0.300 0.180
—
0.600 0.350 0.450
0.760 0.300 0.700
0.475 0.260 0.365
0.250 0.155
—
0.240 0.140 0.175
0.245 0.120 0.185
0.400 0.280
—
0.303 0.168 0.245
0.040 0.005 0.005
0.290 0.130 0.260
0.815 0.500
—
0.970 0.480 0.510
2.670 1.700 2.240
0.283 0.195 0.205
0.480 0.325 0.480
0.055 0.030
—
1.490 0.450
—
0.225 0.100
—
0.705 0.110 0.130
FINANCE
0.570 0.390 0.435
DAY
LOW
CODE
COUNTER
0.345
0.210
0.250
0.055
0179
0170
0148
0095
BIOHLDG
KANGER
SUNZEN
XINGHE
0.360
0.215
0.250
0.055
0.010
Unch
-0.005
0.005
5101.1
5822.2
52.5
1170.5
0.353
0.216
0.255
0.055
23.08
12.87
—
1.62
—
—
1.84
1.82
180.0
159.8
119.8
129.2
0.245
0.060
0.405
0.130
0.540
0.040
0.400
0.115
—
0.095
0.135
0.085
0.380
0.170
0.045
0.120
—
0.130
0.190
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
0.250
0.060
0.410
0.130
0.545
0.040
0.400
0.120
0.145
0.095
0.140
0.090
0.380
0.170
0.045
0.125
0.150
0.130
0.190
0.010 3426.6
Unch
950
Unch
377.9
-0.015 2683.2
-0.005
209.1
Unch
50
-0.010 1543.4
-0.005 5301.6
—
—
-0.005
4850
-0.005
86.1
0.005 1585.4
-0.005
149
-0.005
749.2
-0.005 14116.9
Unch
373.5
—
—
-0.010 2335.9
Unch
15.6
0.248
0.060
0.409
0.139
0.543
0.040
0.408
0.120
—
0.100
0.135
0.085
0.383
0.174
0.045
0.125
—
0.135
0.191
10.46
—
24.70
10.40
16.37
—
14.04
—
—
—
—
—
9.50
16.50
16.07
10.25
—
—
12.67
2.40
—
0.73
—
—
—
0.83
—
—
5.26
—
—
1.84
—
—
3.20
—
—
2.63
65.9
26.0
158.6
28.2
112.0
32.0
123.5
40.0
19.7
108.7
33.9
25.1
84.7
25.6
51.5
30.4
83.3
28.0
32.5
0.205
0.275
0.120
0.265
—
0.830
—
0.050
0.050
0.100
0.275
0.065
0.125
0.040
0.085
0.060
0.585
0.045
0.150
—
0.525
0.240
0.060
0.185
0.170
0.065
—
0.980
0.505
—
0.060
0.470
0.215
0.225
0.150
—
0.040
0.055
0.090
0.620
0.275
0.460
0.070
0.185
0.060
0.505
0.040
0.365
0.065
0.185
0.070
0.400
—
0.150
0.120
0.185
0.325
0.085
0.025
0.115
0.525
0018
0181
0119
0068
0039
0098
0022
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
CYBERT
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
0.205
0.275
0.130
0.265
0.010
0.830
0.005
0.050
0.050
0.105
0.280
0.070
0.125
0.040
0.085
0.060
0.590
0.045
0.155
0.650
0.540
0.240
0.060
0.190
0.190
0.070
0.610
1.010
0.510
0.075
0.060
0.470
0.215
0.225
0.155
0.770
0.040
0.060
0.090
0.620
0.275
0.480
0.075
0.185
0.065
0.515
0.045
0.365
0.065
0.190
0.075
0.400
0.115
0.150
0.120
0.190
0.340
0.090
0.025
0.125
0.525
-0.005
30
-0.015
1158
-0.005
161.1
-0.020
21.1
—
—
-0.020
25.4
—
—
Unch
550.2
-0.005
579.2
0.005 1702.2
Unch
167.5
0.005
120
Unch 4009.4
Unch
100
Unch
89.8
-0.010
165
-0.045 17979.5
Unch
375
Unch 8034.9
—
—
0.005
709
-0.010 1156.3
Unch
200
-0.010 3229.4
0.025 8526.4
-0.005
39.8
—
—
Unch
79.2
-0.005
840
—
—
Unch 1378.4
-0.030
737.6
Unch
50
-0.005
1061
0.005 20527.3
—
—
Unch 5688.2
0.005 1200.1
Unch
1335
0.010
55.1
-0.005
667.7
-0.060 3201.5
-0.005
5889
-0.005
508.8
-0.005 5958.2
-0.010
78.1
Unch
400
Unch
98.7
Unch
1797
Unch
78.1
Unch 2602.5
-0.005
293
—
—
-0.005
289.5
Unch
10
0.005 2699.8
0.015
72045
Unch
586.1
-0.005
1222
Unch
3861
-0.005
206
0.205
—
0.281 10.74
0.133
—
0.265
—
—
—
0.830 230.56
—
—
0.051
—
0.050 71.43
0.100
—
0.279 24.78
0.065
—
0.127
5.84
0.040 14.81
0.085
—
0.065
—
0.600 14.86
0.045
—
0.155
—
— 29.82
0.535 10.29
0.243
9.60
0.060
—
0.190 14.73
0.184
—
0.067
—
— 18.10
0.993 14.35
0.511 16.04
—
—
0.060
—
0.490
9.48
0.215
—
0.225
—
0.157
—
— 36.32
0.040
—
0.055
3.90
0.090 128.57
0.621 11.38
0.280 10.54
0.507
—
0.075 10.14
0.189 34.91
0.065 12.26
0.522 13.14
0.040
—
0.365 29.67
0.065
—
0.188
—
0.071
—
0.402 14.55
—
—
0.150 36.59
0.120
—
0.201
—
0.334 80.95
0.085
—
0.030
—
0.142
—
0.525 20.35
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.69
—
—
1.54
—
2.08
—
—
—
—
—
—
2.16
—
—
4.26
—
—
—
2.60
—
—
—
3.23
3.20
—
—
1.08
—
3.88
—
—
—
—
—
2.50
—
4.00
—
—
—
—
—
—
7.62
131.3
120.7
36.5
30.8
8.1
358.7
0.5
24.5
67.8
156.5
237.1
50.2
44.0
11.6
22.4
29.7
358.9
18.8
338.3
81.9
66.4
113.4
38.3
45.0
37.5
13.8
57.4
153.7
156.0
14.0
57.2
76.6
20.3
159.9
35.9
366.7
25.0
113.0
53.7
100.0
81.9
58.1
24.0
103.3
70.4
97.5
9.0
73.0
36.0
54.2
24.0
80.0
13.9
47.6
45.0
21.0
879.7
27.3
12.8
24.2
708.8
—
0.095
0.040
—
—
0.450
0.620
0.355
—
0.175
0.185
—
0.240
0.005
0.240
—
0.510
2.240
0.205
0.480
—
—
—
0.125
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
0.200
0.095
0.045
0.240
0.210
0.450
0.625
0.355
0.175
0.175
0.185
0.300
0.240
0.005
0.245
0.535
0.510
2.240
0.205
0.480
0.035
1.000
0.130
0.125
—
Unch
Unch
—
—
0.005
-0.005
Unch
—
Unch
Unch
—
-0.005
Unch
-0.005
—
Unch
0.150
Unch
0.005
—
—
—
Unch
—
7
250.1
—
—
106
16.5
981.8
—
85
75
—
407.6
1000
1986.6
—
11
0.1
376
19
—
—
—
5251
—
0.095
0.041
—
—
0.450
0.646
0.358
—
0.175
0.185
—
0.243
0.005
0.250
—
0.510
2.240
0.205
0.480
—
—
—
0.125
80.00
—
—
12.90
26.25
18.22
29.48
21.52
6.97
—
71.15
—
12.90
—
—
—
31.29
15.02
26.28
—
—
22.37
50.00
10.87
—
—
—
2.63
4.76
—
—
—
—
1.71
—
—
2.92
—
—
0.37
—
2.23
7.32
6.25
—
0.50
—
—
53.2
45.0
39.0
60.5
34.7
85.2
86.5
181.5
31.3
42.9
60.0
14.6
49.6
4.8
35.1
405.1
68.7
95.8
84.5
118.8
34.6
170.8
26.7
69.6
0.430
0053
OSKVI
0.435
-0.005
59.9
0.432
—
4.60
86.0
28 Markets
WE
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
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
0.240
0.130
0.095
0.285
0.150
0.130
0.745
0.840
0.310
0.260
0.110
0.370
0.215
0.330
0.185
0.040
0.105
0.120
0.095
0.180
0.100
0.050
0.130
0.045
0.170
0.125
0.055
0.180
0.070
0.150
0.380
0.150
0.210
0.485
0.135
0.105
0.180
0.105
0.330
1.330
0.285
0.505
0.205
0.220
0.140
0.190
0.635
0.200
0.045
0.265
0.040
0.460
0.225
0.105
0.110
0.255
0.420
0.105
0.050
0.215
0.115
0.210
0.145
0.105
0.155
0.095
0.420
0.090
0.200
0.120
0.200
0.645
0.180
0.650
0.815
0.065
0.575
0.625
0.860
0.230
0.205
0.205
0.660
0.790
0.120
0.125
0.290
0.195
0.045
0.370
0.405
0.190
0.245
0.200
0.090
0.075
0.155
0.900
0.265
0.190
0.395
0.545
0.130
0.155
0.200
0.110
0.180
0.640
0.625
0.675
0.080
0.210
0.340
0.225
0.140
0.145
0.150
0.255
0.185
1.160
0.425
0.195
0.155
0.035
0.050
0.005
0.195
0.070
0.060
0.090
0.320
0.085
0.060
0.035
0.185
0.060
0.125
0.110
0.010
0.005
0.040
0.015
0.050
0.010
0.030
0.010
0.015
0.095
0.070
0.025
0.100
0.025
0.085
0.150
0.005
0.080
0.225
0.060
0.050
0.095
0.065
0.060
0.410
0.075
0.255
0.060
0.085
0.070
0.005
0.005
0.050
0.010
0.125
0.010
0.255
0.015
0.030
0.065
0.165
0.215
0.030
0.005
0.070
0.040
0.085
0.085
0.080
0.065
0.005
0.110
0.025
0.080
0.005
0.070
0.340
0.095
0.175
0.390
0.020
0.180
0.300
0.235
0.060
0.110
0.005
0.100
0.150
0.010
0.040
0.060
0.035
0.010
0.085
0.205
0.100
0.165
0.105
0.040
0.045
0.115
0.325
0.040
0.020
0.170
0.280
0.020
0.075
0.150
0.065
0.130
0.030
0.075
0.060
0.050
0.025
0.055
0.095
0.040
0.010
0.100
0.145
0.120
0.805
0.085
0.010
0.065
0.210
0.100
0.005
0.215
0.085
0.095
0.590
0.740
0.240
0.185
0.045
0.285
0.155
0.235
0.125
0.015
0.055
0.060
0.025
0.095
0.020
0.040
0.020
0.020
0.155
0.075
0.025
0.105
0.025
0.095
0.350
0.010
0.140
0.330
0.085
0.060
0.135
0.085
0.110
1.010
0.085
0.450
0.065
0.095
0.090
0.005
0.005
0.085
0.015
0.175
0.010
0.385
0.020
0.035
0.090
0.180
0.250
0.055
0.005
0.095
0.055
0.090
0.085
0.080
0.080
0.010
0.190
0.055
0.135
0.010
0.070
0.395
0.160
0.650
0.520
0.030
0.500
0.355
0.340
0.200
0.190
0.005
0.110
0.150
0.030
0.045
0.060
0.045
0.015
0.085
0.240
0.110
0.170
0.125
0.040
0.045
0.120
0.425
0.085
0.035
0.205
0.375
0.040
0.110
0.200
0.110
0.180
0.070
0.125
0.490
0.055
0.035
0.055
0.115
0.065
0.065
0.100
0.170
0.125
0.995
0.140
0.040
0.095
0.195
0.100
0.005
0.215
0.070
0.090
0.560
0.675
0.230
0.185
0.035
0.265
0.135
0.225
0.110
0.010
0.055
0.060
0.020
0.085
0.015
0.040
0.015
0.015
0.145
0.070
0.025
0.105
0.025
0.085
0.340
0.005
0.140
0.310
0.085
0.055
0.135
0.085
0.110
1.000
0.080
0.445
0.060
0.090
0.080
0.005
0.005
0.075
0.010
0.160
0.010
0.375
0.015
0.030
0.085
0.165
0.250
0.050
0.005
0.085
0.045
0.085
0.085
0.080
0.070
0.010
0.180
0.055
0.110
0.005
0.070
0.385
0.150
0.615
0.490
0.030
0.480
0.340
0.320
0.190
0.190
0.005
0.100
0.150
0.030
0.040
0.060
0.035
0.010
0.085
0.205
0.100
0.165
0.105
0.040
0.045
0.120
0.385
0.060
0.030
0.205
0.350
0.035
0.090
0.175
0.095
0.180
0.055
0.110
0.465
0.050
0.035
0.055
0.115
0.060
0.065
0.100
0.150
0.120
0.945
0.130
0.040
0.085
CODE
5238WA
0018WA
6599CE
6599CF
5185CT
7315WB
509924
509926
509927
509928
509929
509930
509931
509932
509933
0159WA
9342WA
9342WB
5194WA
0119WA
521011
521014
5210C6
0150WA
0105WA
6399CV
7070WB
7099WB
0072WA
6888C8
7078WA
4162CE
7241WA
5258WA
5248CK
3395CZ
3395WB
7036WC
7188WB
7174WA
0163WA
7076WA
5195WA
5195WB
102310
2852CM
5071WA
0102WA
5214WA
7212WA
0152WA
7277WA
6947C9
0029WA
7114WA
5265WA
7169WA
7198WB
161918
161919
161920
161921
5216CN
5216CO
3417C4
3417CZ
3417WB
0154WC
3557WC
8206CB
8206CC
8206WA
1368CG
0065WA
8907WC
7182WA
8877WB
5056WA
7249WA
7047WB
56011
65024
65026
65028
0650C3
65034
65038
0650C4
65040
65044
65046
65048
65052
65054
65056
65058
65060
65031
65037
65043
65049
65051
65053
65059
65061
65063
65065
0650HV
0650HW
8605WB
522210
5222C6
5222C8
9318WB
9377WA
539823
539825
539826
539827
5398WE
5226WA
0078CB
471512
WARRANTS
AAX-WA
ACCSOFT-WA
AEON-CE
AEON-CF
AFFIN-CT
AHB-WB
AIRASIAC24
AIRASIAC26
AIRASIAC27
AIRASIAC28
AIRASIAC29
AIRASIAC30
AIRASIAC31
AIRASIAC32
AIRASIAC33
AMEDIA-WA
ANZO-WA
ANZO-WB
APFT-WA
APPASIA-WA
ARMADA-C11
ARMADA-C14
ARMADA-C6
ASIABIO-WA
ASIAPLY-WA
ASTRO-CV
ASUPREM-WB
ATTA-WB
AT-WA
AXIATA-C8
AZRB-WA
BAT-CE
BHS-WA
BIMB-WA
BJAUTO-CK
BJCORP-CZ
BJCORP-WB
BORNOIL-WC
BTM-WB
CAB-WA
CAREPLS-WA
CBIP-WA
CENSOF-WA
CENSOF-WB
CIMB-C10
CMSB-CM
COASTAL-WA
CONNECT-WA
CSL-WA
DESTINI-WA
DGB-WA
DIALOG-WA
DIGI-C9
DIGISTA-WA
DNONCE-WA
DOLPHIN-WA
DOMINAN-WA
DPS-WB
DRBHCOMC18
DRBHCOMC19
DRBHCOMC20
DRBHCOMC21
DSONIC-CN
DSONIC-CO
E&O-C4
E&O-CZ
E&O-WB
EAH-WC
ECOFIRS-WC
ECOWLD-CB
ECOWLD-CC
ECOWLD-WA
EDGENTA-CG
EFORCE-WA
EG-WC
EKA-WA
EKOVEST-WB
ENGTEX-WA
EWEIN-WA
FAJAR-WB
FB-C11
FBMKLCI-C24
FBMKLCI-C26
FBMKLCI-C28
FBMKLCI-C3
FBMKLCI-C34
FBMKLCI-C38
FBMKLCI-C4
FBMKLCI-C40
FBMKLCI-C44
FBMKLCI-C46
FBMKLCI-C48
FBMKLCI-C52
FBMKLCI-C54
FBMKLCI-C56
FBMKLCI-C58
FBMKLCI-C60
FBMKLCI-H31
FBMKLCI-H37
FBMKLCI-H43
FBMKLCI-H49
FBMKLCI-H51
FBMKLCI-H53
FBMKLCI-H59
FBMKLCI-H61
FBMKLCI-H63
FBMKLCI-H65
FBMKLCI-HV
FBMKLCI-HW
FFHB-WB
FGV-C10
FGV-C6
FGV-C8
FITTERS-WB
FSBM-WA
GAMUDA-C23
GAMUDA-C25
GAMUDA-C26
GAMUDA-C27
GAMUDA-WE
GBGAQRS-WA
GDEX-CB
GENM-C12
CLOSE
(RM)
+/(RM)
0.200
0.100
0.005
0.215
0.070
0.095
0.570
0.740
0.235
0.185
0.040
0.265
0.140
0.225
0.115
0.015
0.055
0.060
0.025
0.085
0.015
0.040
0.015
0.020
0.150
0.070
0.025
0.105
0.025
0.085
0.340
0.010
0.140
0.330
0.085
0.055
0.135
0.085
0.110
1.000
0.080
0.450
0.060
0.095
0.080
0.005
0.005
0.075
0.010
0.165
0.010
0.385
0.015
0.035
0.090
0.180
0.250
0.055
0.005
0.090
0.055
0.090
0.085
0.080
0.080
0.010
0.180
0.055
0.125
0.005
0.070
0.385
0.150
0.625
0.495
0.030
0.500
0.345
0.335
0.195
0.190
0.005
0.100
0.150
0.030
0.045
0.060
0.035
0.010
0.085
0.205
0.110
0.170
0.115
0.040
0.045
0.120
0.415
0.080
0.030
0.205
0.370
0.040
0.105
0.195
0.105
0.180
0.070
0.125
0.485
0.050
0.035
0.055
0.115
0.065
0.065
0.100
0.160
0.125
0.965
0.135
0.040
0.085
Unch
Unch
Unch
-0.010
-0.015
-0.005
-0.015
Unch
0.005
0.005
-0.005
-0.010
-0.005
-0.005
0.005
Unch
Unch
Unch
Unch
-0.005
-0.005
Unch
-0.005
-0.005
0.005
-0.025
Unch
0.005
Unch
-0.005
-0.005
0.005
Unch
Unch
-0.010
-0.005
-0.005
Unch
-0.015
-0.020
-0.010
Unch
-0.010
-0.005
-0.020
-0.005
Unch
-0.010
-0.005
0.015
-0.005
Unch
-0.005
0.005
0.005
0.010
-0.020
Unch
-0.005
-0.010
0.005
-0.005
-0.015
-0.010
0.010
Unch
-0.010
Unch
-0.020
-0.005
Unch
-0.010
-0.025
0.020
-0.020
-0.005
-0.010
-0.010
-0.010
-0.005
Unch
Unch
-0.025
Unch
0.020
-0.005
-0.015
-0.010
-0.005
-0.010
-0.095
-0.005
-0.005
-0.010
-0.015
-0.005
Unch
0.015
0.015
Unch
-0.010
0.015
0.005
0.005
0.020
0.005
Unch
0.010
0.010
0.015
-0.005
-0.005
Unch
-0.005
Unch
-0.005
-0.040
-0.020
-0.020
-0.030
0.005
-0.035
-0.010
VOL PARENT
EXE
(‘000)
PRICE PRICE
30333.4
100
120
4.3
233.8
285.1
262
118
110
50
2146.2
193
10236.3
244
985.3
60.1
120
80
70.2
242.7
1245
2002.6
800
235
3146.4
250
100
30
100
166.7
140.7
1540.1
256.1
829.6
60
860
10
900
160
59.1
310
41.9
100
278.3
36.5
2390
120
336.1
600
3175.2
225
277.8
363.5
433.2
878.2
267
50
426
100
970.1
500.2
145
200
60
620
100
528.6
200.1
543.6
150
50
400.6
282.7
3928.6
453.6
798
10.5
336.9
356.4
450
36.8
470
260
50
1
2796.5
189
426
376.7
1.5
170
3618.6
157.6
2133.5
45
170
20
215
5434.5
788.7
250
4970.7
250.2
1125.5
369
1300
30
3289.3
7189.8
107.5
780
776.3
330
24
70
7.9
100
165
70
9378.9
1576.7
500
245
0.330
0.205
2.800
2.800
2.300
0.195
1.910
1.910
1.910
1.910
1.910
1.910
1.910
1.910
1.910
0.085
0.235
0.235
0.055
0.130
0.770
0.770
0.770
0.045
0.250
2.670
0.105
0.565
0.060
5.600
0.715
43.00
0.430
3.920
2.170
0.365
0.365
0.150
0.220
1.580
0.410
2.220
0.255
0.255
4.540
3.750
1.600
0.130
0.095
0.600
0.050
1.570
4.400
0.155
0.215
0.675
1.150
0.100
0.950
0.950
0.950
0.950
1.290
1.290
1.550
1.550
1.550
0.105
0.255
1.280
1.280
1.280
3.670
1.270
0.825
0.120
1.410
1.170
0.920
0.595
463.1
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1,651
1.060
1.460
1.460
1.460
0.450
0.230
4.650
4.650
4.650
4.650
4.650
0.840
1.460
4.440
0.460
0.100
3.150
2.650
2.400
0.200
1.050
0.900
1.280
1.480
2.000
2.000
1.500
1.500
2.100
1.100
0.250
0.250
0.400
0.130
1.000
0.950
1.000
0.100
0.100
3.000
0.200
1.000
0.120
5.850
0.700
57.00
0.600
4.720
2.000
0.370
1.000
0.100
0.200
0.550
0.320
2.400
0.460
0.460
4.800
5.200
3.180
0.100
1.150
0.400
0.110
1.190
5.100
0.130
0.250
0.800
1.300
0.100
1.300
1.000
1.100
0.950
1.450
1.550
1.500
1.814
2.600
0.100
0.300
1.680
1.300
2.080
3.230
0.680
0.500
0.200
1.350
0.830
0.610
0.700
391.0
1,720
1,750
1,670
1,708
1,660
1,690
1,700
1,800
1,720
1,640
1,600
1,570
1,595
1,710
1,730
1,650
1,710
1,680
1,600
1,600
1,680
1,570
1,650
1,710
1,610
1,690
1,658
1,700
0.500
1.550
1.500
1.500
1.000
0.300
4.500
4.700
4.500
5.000
4.050
1.300
1.500
4.250
PR’M
(%)
100.00
-2.44
13.04
6.16
7.39
51.28
-0.26
5.24
3.93
6.54
9.95
32.46
2.72
7.98
25.00
1,212
29.79
31.91
672.73
65.38
33.77
33.77
33.77
166.67
0.00
17.60
114.29
95.58
141.67
9.02
45.45
33.72
72.09
28.83
1.96
16.44
210.96
23.33
40.91
-1.90
-2.44
28.38
103.92
117.65
14.54
39.60
99.06
34.62
1,122
-5.83
140.00
0.32
16.76
6.45
58.14
45.19
34.78
55.00
38.16
14.74
30.26
14.21
28.88
35.66
12.26
18.91
79.35
47.62
66.67
32.23
12.50
92.58
4.36
2.76
20.61
91.67
31.21
0.43
2.72
50.42
4.93
4.36
7.48
3.40
6.02
2.43
4.15
4.35
9.42
5.70
3.03
1.55
2.28
1.46
5.24
6.67
5.00
9.83
5.12
-1.84
0.61
8.46
-3.24
4.37
11.82
1.94
9.97
3.84
7.99
-7.08
19.18
9.93
10.27
147.78
58.70
7.96
13.98
7.10
18.28
7.85
70.83
8.22
1.46
EXPIRY
DATE
08/06/2020
18/01/2019
30/06/2016
31/01/2017
30/09/2016
28/08/2019
31/05/2016
18/07/2016
28/10/2016
28/10/2016
31/05/2016
31/01/2017
15/08/2016
30/09/2016
28/10/2016
02/01/2018
19/11/2019
25/08/2023
13/07/2018
23/12/2024
07/10/2016
30/09/2016
30/08/2016
19/04/2024
13/12/2020
31/01/2017
20/06/2018
09/05/2022
29/01/2019
31/01/2017
13/05/2024
29/07/2016
18/10/2020
04/12/2023
31/05/2016
31/10/2016
22/04/2022
08/11/2025
23/10/2024
08/02/2020
09/08/2016
06/11/2019
18/07/2017
07/10/2019
10/08/2016
08/06/2016
18/07/2016
17/09/2021
18/09/2017
03/10/2016
22/04/2018
10/02/2017
30/09/2016
07/02/2017
25/11/2020
29/03/2021
10/09/2020
15/01/2025
29/07/2016
30/11/2016
30/11/2016
15/12/2016
23/11/2016
28/10/2016
23/11/2016
08/06/2016
21/07/2019
18/06/2019
10/09/2019
30/06/2016
28/07/2016
26/03/2022
31/10/2016
17/07/2019
03/11/2020
22/01/2019
25/06/2019
25/10/2017
09/06/2017
24/09/2019
29/09/2016
31/05/2016
31/05/2016
31/05/2016
30/06/2016
30/06/2016
30/06/2016
29/07/2016
29/07/2016
29/07/2016
29/07/2016
30/08/2016
30/08/2016
30/09/2016
31/10/2016
31/10/2016
31/10/2016
31/05/2016
30/06/2016
29/07/2016
29/07/2016
29/07/2016
30/08/2016
30/09/2016
31/10/2016
31/10/2016
31/10/2016
30/06/2016
29/07/2016
30/03/2017
30/09/2016
29/07/2016
18/07/2016
12/10/2019
16/05/2022
28/07/2016
28/10/2016
30/11/2016
30/11/2016
06/03/2021
20/07/2018
08/06/2016
31/05/2016
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
3.200
0.250
0.580
0.505
0.220
0.220
2.380
0.165
0.265
0.090
0.180
0.710
0.115
6.200
0.460
0.240
0.120
1.510
0.200
0.880
0.345
0.550
0.840
1.210
0.630
1.000
1.490
1.180
0.550
0.920
1.350
0.540
0.835
1.050
1.310
1.650
0.735
1.070
1.500
1.250
0.640
0.230
0.010
0.030
0.235
0.460
0.105
0.170
0.110
2.320
0.365
0.225
0.090
0.155
0.090
0.120
0.935
0.370
0.130
0.265
0.080
0.125
0.025
1.130
0.030
0.865
0.175
0.220
0.585
0.235
1.160
0.700
0.450
0.372
0.220
0.175
0.100
0.185
0.170
0.025
0.105
0.235
0.320
0.555
1.110
0.405
0.040
0.455
0.430
0.485
0.225
0.140
0.210
0.150
0.780
0.575
1.260
0.360
0.240
0.240
0.030
0.035
0.090
0.465
0.470
0.360
0.180
0.100
0.145
0.655
0.065
0.035
0.065
0.080
0.240
0.195
0.470
0.085
0.375
0.060
0.165
0.100
0.190
0.260
0.310
0.085
0.415
0.310
1.500
0.045
0.185
0.065
0.090
0.130
0.530
0.065
0.125
0.010
0.060
0.145
0.105
2.520
0.305
0.055
0.020
0.625
0.025
0.370
0.220
0.045
0.130
0.280
0.305
0.490
0.780
0.650
0.295
0.550
0.880
0.365
0.585
0.910
0.310
0.580
0.190
0.370
0.585
0.775
0.630
0.075
0.005
0.020
0.160
0.245
0.070
0.130
0.050
0.813
0.150
0.085
0.020
0.030
0.035
0.050
0.120
0.105
0.080
0.105
0.060
0.100
0.010
0.350
0.010
0.260
0.065
0.090
0.130
0.010
0.430
0.300
0.215
0.130
0.100
0.005
0.060
0.110
0.050
0.005
0.040
0.140
0.155
0.040
0.245
0.130
0.010
0.305
0.110
0.210
0.115
0.030
0.090
0.085
0.280
0.235
0.500
0.115
0.025
0.075
0.005
0.010
0.020
0.120
0.215
0.120
0.050
0.035
0.085
0.230
0.020
0.015
0.025
0.020
0.150
0.100
0.255
0.010
0.160
0.005
0.005
0.010
0.075
0.090
0.130
0.015
0.120
0.075
2.750
0.125
0.400
0.260
0.140
0.140
1.680
0.155
0.170
0.020
0.125
0.660
0.105
5.960
0.335
0.055
0.020
0.960
0.185
0.425
0.245
0.055
0.185
0.415
0.435
0.760
1.150
0.905
0.450
0.680
1.180
0.375
0.675
0.950
0.445
0.770
0.250
0.475
0.780
1.000
0.640
0.080
0.005
0.025
0.200
0.370
0.070
0.130
0.055
1.130
0.185
0.090
0.025
0.035
0.040
0.085
0.320
0.160
0.080
0.120
0.060
0.120
0.020
1.130
0.015
0.710
0.080
0.120
0.330
0.010
0.435
0.580
0.420
0.215
0.145
0.010
0.070
0.130
0.055
0.010
0.075
0.155
0.200
0.075
0.265
0.340
0.015
0.385
0.125
0.305
0.130
0.050
0.090
0.085
0.590
0.490
0.980
0.285
0.075
0.140
0.010
0.020
0.060
0.320
0.270
0.180
0.065
0.040
0.105
0.430
0.025
0.015
0.025
0.050
0.185
0.135
0.300
0.060
0.185
0.005
0.005
0.015
0.130
0.110
0.250
0.020
0.140
0.085
2.730
0.100
0.350
0.255
0.125
0.130
1.560
0.150
0.165
0.010
0.125
0.660
0.105
5.910
0.310
0.055
0.020
0.945
0.150
0.400
0.235
0.045
0.160
0.305
0.355
0.665
1.090
0.855
0.400
0.630
1.120
0.365
0.585
0.910
0.415
0.710
0.230
0.455
0.685
0.915
0.630
0.075
0.005
0.025
0.175
0.350
0.070
0.130
0.055
1.090
0.175
0.085
0.020
0.035
0.035
0.080
0.310
0.140
0.080
0.120
0.060
0.100
0.015
0.975
0.015
0.675
0.080
0.120
0.295
0.010
0.435
0.560
0.400
0.200
0.140
0.005
0.070
0.110
0.055
0.005
0.060
0.140
0.200
0.060
0.245
0.310
0.015
0.365
0.120
0.260
0.115
0.050
0.090
0.085
0.590
0.470
0.950
0.240
0.070
0.130
0.005
0.020
0.060
0.320
0.265
0.155
0.060
0.035
0.095
0.400
0.025
0.015
0.025
0.040
0.175
0.135
0.295
0.055
0.175
0.005
0.005
0.010
0.105
0.090
0.230
0.020
0.140
0.085
CODE
2291WA
318224
318225
318227
318228
318229
3182WA
70010
1147WA
7022CG
7676WB
3034CN
3034CT
3034WA
2062WC
5168CQ
5168CS
5095WB
5072WA
5169WA
7213WB
65118
65119
65120
65121
65122
65123
65124
65130
65132
65134
65136
65138
65140
65125
65127
65129
65131
65133
65139
65141
6238CD
7013WB
9601WD
9687WB
0081WA
5225CY
3336CZ
0166CQ
0166WB
3379WB
1961C9
7183WA
5175WA
0024WA
8923WA
7167WA
4383CE
4383CJ
5247CK
5247CN
5247CP
3115WC
7161WA
0036WA
5171WA
7164WA
7164WB
7017WB
7153CK
5038WA
5789WA
5789WB
8583WB
8583WC
5264CG
5264CM
5264CN
6012CT
5189WA
115517
115519
5152WA
5983WA
1171WA
1694WB
0075WA
3069WA
3662WB
5186CY
5186CZ
5026WA
3816C2
3816C5
9571WC
9571WD
6114WB
7595WA
2194C1
1651WA
5150WA
0092WA
0092WB
0138CN
0138CP
0138CT
0138CU
0138CW
0138CX
0108WA
0096WA
0096WB
0096WC
7139WA
0172WA
7071WB
5053WC
0005WA
5125WA
5657CO
5657CP
1295C4
1295C6
5183C4
9997WB
5146WA
8311WC
5681CP
WARRANTS
GENP-WA
GENTINGC24
GENTINGC25
GENTINGC27
GENTINGC28
GENTINGC29
GENTING-WA
GLD-C10
GOB-WA
GTRONIC-CG
GUNUNG-WB
HAPSENG-CN
HAPSENG-CT
HAPSENG-WA
HARBOUR-WC
HARTA-CQ
HARTA-CS
HEVEA-WB
HIAPTEK-WA
HOHUP-WA
HOVID-WB
HSI-C18
HSI-C19
HSI-C20
HSI-C21
HSI-C22
HSI-C23
HSI-C24
HSI-C30
HSI-C32
HSI-C34
HSI-C36
HSI-C38
HSI-C40
HSI-H25
HSI-H27
HSI-H29
HSI-H31
HSI-H33
HSI-H39
HSI-H41
HSL-CD
HUBLINE-WB
HWGB-WD
IDEALUBB-WB
IDEAL-WA
IHH-CY
IJM-CZ
INARI-CQ
INARI-WB
INSAS-WB
IOICORP-C9
IRETEX-WA
IVORY-WA
JAG-WA
JIANKUN-WA
JOHOTIN-WA
JTIASA-CE
JTIASA-CJ
KAREX-CK
KAREX-CN
KAREX-CP
KBUNAI-WC
KERJAYA-WA
KGROUP-WA
KIMLUN-WA
KNM-WA
KNM-WB
KOMARK-WB
KOSSAN-CK
KSL-WA
LBS-WA
LBS-WB
MAHSING-WB
MAHSING-WC
MALAKOF-CG
MALAKOF-CM
MALAKOF-CN
MAXIS-CT
MAXWELL-WA
MAYBANKC17
MAYBANKC19
MBL-WA
MBMR-WA
MBSB-WA
MENANG-WB
MEXTER-WA
MFCB-WA
MFLOUR-WB
MHB-CY
MHB-CZ
MHC-WA
MISC-C2
MISC-C5
MITRA-WC
MITRA-WD
MKH-WB
MLGLOBAL-WA
MMCCORP-C1
MRCB-WA
MSPORTS-WA
MTOUCHE-WA
MTOUCHE-WB
MYEG-CN
MYEG-CP
MYEG-CT
MYEG-CU
MYEG-CW
MYEG-CX
N2N-WA
NEXGRAM-WA
NEXGRAM-WB
NEXGRAM-WC
NICE-WA
OCK-WA
OCR-WB
OSK-WC
PALETTE-WA
PANTECH-WA
PARKSON-CO
PARKSON-CP
PBBANK-C4
PBBANK-C6
PCHEM-C4
PENSONI-WB
PERWAJA-WA
PESONA-WC
PETDAG-CP
CLOSE
(RM)
+/(RM)
2.730
0.105
0.365
0.260
0.125
0.130
1.580
0.155
0.165
0.010
0.125
0.660
0.105
5.930
0.330
0.055
0.020
0.945
0.165
0.400
0.235
0.045
0.165
0.310
0.360
0.665
1.090
0.855
0.400
0.630
1.120
0.365
0.585
0.910
0.445
0.770
0.250
0.475
0.780
1.000
0.640
0.075
0.005
0.025
0.175
0.350
0.070
0.130
0.055
1.120
0.175
0.085
0.025
0.035
0.035
0.080
0.310
0.140
0.080
0.120
0.060
0.100
0.020
1.080
0.015
0.695
0.080
0.120
0.325
0.010
0.435
0.580
0.410
0.210
0.140
0.010
0.070
0.110
0.055
0.005
0.060
0.140
0.200
0.060
0.245
0.325
0.015
0.370
0.125
0.270
0.130
0.050
0.090
0.085
0.590
0.475
0.950
0.285
0.070
0.130
0.005
0.020
0.060
0.320
0.270
0.165
0.060
0.040
0.095
0.430
0.025
0.015
0.025
0.050
0.175
0.135
0.295
0.060
0.175
0.005
0.005
0.010
0.110
0.110
0.240
0.020
0.140
0.085
-0.010
-0.020
-0.025
-0.040
-0.015
-0.010
-0.070
0.015
-0.010
-0.010
Unch
0.020
-0.005
-0.020
-0.020
-0.035
-0.005
-0.015
-0.020
-0.015
-0.010
-0.020
-0.005
-0.095
-0.075
-0.110
-0.120
-0.095
-0.035
-0.130
-0.170
-0.050
-0.100
-0.090
0.045
0.075
0.015
0.030
0.065
0.060
0.150
-0.005
Unch
Unch
Unch
0.010
-0.020
-0.020
-0.010
Unch
Unch
-0.010
Unch
-0.005
-0.005
-0.010
-0.005
-0.020
Unch
-0.005
-0.005
-0.020
0.005
0.115
Unch
-0.010
-0.005
Unch
Unch
-0.015
Unch
Unch
0.010
Unch
-0.005
0.005
Unch
-0.020
0.005
Unch
-0.010
-0.030
-0.025
0.005
-0.015
-0.005
Unch
-0.035
0.015
-0.030
-0.010
-0.010
Unch
-0.010
Unch
-0.015
-0.040
-0.005
-0.010
-0.005
-0.005
-0.005
Unch
0.025
0.015
Unch
-0.005
Unch
-0.010
0.010
-0.005
Unch
Unch
0.005
-0.010
Unch
-0.005
Unch
Unch
Unch
Unch
-0.005
-0.005
-0.035
-0.010
-0.005
Unch
Unch
VOL PARENT
EXE
(‘000)
PRICE PRICE
5.6
841
690
25
501.4
100
2731.4
300
164.5
5758
15
22
10
44.4
45.8
5.3
20
103.4
2294.2
36.6
46
153.5
2176.1
28721.1
1452.1
476
10
30
19.4
40
33
10
60
20
176
11.2
107.8
15
21.9
9.6
50
358.2
21609.6
100
7
10.7
20
520
10
312.7
614.2
476.7
196.1
510
310
319.8
207.1
873
8.5
50
40
30
7107.9
598
290
128.2
3374.6
229.3
84.9
20
137.6
83
461.4
1881.4
253
400
10
222
107.4
114
280
330
15
109.9
496.2
1311.2
8
1257.1
103.9
109.4
123.6
2
90
11
19.5
575.1
33
81
205.4
2322.1
5001.1
170
190
20
35
1824
1230
2538.8
328
45
61.3
409.7
420
204.1
2904.7
399.2
618.1
5820.7
25
314.3
3133.9
1589.5
320
40
792.7
3.9
50
16.2
10.500
8.590
8.590
8.590
8.590
8.590
8.590
481.43
0.480
3.240
0.430
7.660
7.660
7.660
1.170
4.140
4.140
1.190
0.455
0.840
0.415
10,410
10,411
10,411
10,411
10,410
10,410
10,410
10,411
10,411
10,410
10,411
10,411
10,411
10,410
10,410
10,411
10,410
10,410
10,411
10,411
1.800
0.010
0.055
0.800
0.450
6.400
3.430
2.740
2.740
0.680
4.400
0.225
0.360
0.095
0.250
1.780
1.310
1.310
2.570
2.570
2.570
0.050
1.890
0.060
1.730
0.465
0.465
0.490
5.990
1.210
1.590
1.590
1.470
1.470
1.640
1.640
1.640
5.540
0.035
8.780
8.780
0.780
2.220
1.290
0.920
0.070
1.690
1.230
1.090
1.090
0.950
8.350
8.350
1.210
1.210
2.490
0.565
2.060
1.190
0.030
0.155
0.155
1.950
1.950
1.950
1.950
1.950
1.950
0.770
0.060
0.060
0.060
0.120
0.770
0.490
1.640
0.075
0.565
0.880
0.880
18.560
18.560
6.670
0.645
0.105
0.365
23.840
7.750
8.000
7.000
7.400
7.800
9.300
7.960
449.65
0.800
6.300
0.400
5.000
7.500
1.650
1.560
4.780
6.000
0.250
0.690
0.600
0.180
24,200
22,800
21,400
22,000
20,600
19,200
20,200
22,400
21,000
19,600
23,200
21,800
20,400
19,000
20,400
17,000
18,400
19,800
20,600
18,600
2.000
0.010
0.180
1.000
0.100
6.700
3.700
3.500
1.600
1.000
4.700
0.800
0.750
0.100
0.320
2.280
1.100
1.500
2.300
3.053
2.533
0.131
0.880
0.100
1.680
0.980
1.000
0.300
7.500
0.800
1.000
1.250
1.440
2.100
2.000
1.600
1.600
6.300
0.400
8.200
8.600
0.800
3.200
1.000
1.000
0.130
2.220
2.060
0.900
1.000
1.560
8.000
8.600
0.600
1.090
1.890
0.500
2.100
2.300
0.180
0.890
0.270
1.225
1.500
1.775
2.300
2.350
1.900
0.320
0.100
0.260
0.100
0.160
0.710
0.350
1.800
0.040
0.600
2.170
1.000
19.300
18.000
6.250
0.600
1.000
0.250
23.000
PR’M
(%)
-0.19
2.91
2.74
1.28
8.27
21.13
11.06
4.99
101.04
96.30
22.09
-0.26
11.62
-1.04
61.54
27.42
48.79
0.42
87.91
19.05
0.00
132.84
120.42
108.23
114.43
103.62
93.85
101.43
118.61
107.15
97.95
125.99
114.45
103.81
86.35
102.60
65.45
80.84
96.93
106.51
84.19
17.36
50.00
272.73
46.88
0.00
11.25
15.45
35.77
-0.73
72.79
13.58
266.67
118.06
42.11
60.00
45.51
5.34
32.82
8.17
28.14
14.14
202.00
3.70
91.67
37.28
127.96
140.86
27.55
26.88
2.07
-0.63
4.40
12.24
52.38
22.56
10.37
7.62
16.70
1,058
0.23
1.94
28.21
46.85
-3.49
44.02
107.14
53.25
77.64
7.34
15.60
69.47
4.43
9.10
-1.65
29.34
14.06
38.94
8.74
104.20
516.67
487.10
112.90
3.85
4.62
7.95
27.18
29.74
15.95
-2.60
108.33
358.33
108.33
75.00
14.94
-1.02
27.74
33.33
37.17
147.64
14.49
4.53
1.72
0.30
30.23
871.43
6.85
0.76
EXPIRY
DATE
17/06/2019
08/06/2016
18/07/2016
31/05/2016
23/11/2016
30/11/2016
18/12/2018
29/09/2016
24/12/2019
30/09/2016
02/10/2020
30/08/2016
11/10/2016
09/08/2016
03/04/2021
28/10/2016
31/01/2017
28/02/2020
09/01/2017
21/12/2018
05/06/2018
29/06/2016
29/06/2016
29/06/2016
28/07/2016
28/07/2016
28/07/2016
30/08/2016
29/09/2016
29/09/2016
29/09/2016
28/10/2016
28/10/2016
28/10/2016
28/07/2016
28/07/2016
30/08/2016
30/08/2016
30/08/2016
29/09/2016
28/10/2016
11/11/2016
20/12/2020
15/03/2021
30/03/2021
29/04/2019
30/09/2016
28/10/2016
28/10/2016
17/02/2020
25/02/2020
30/12/2016
10/06/2019
26/04/2017
14/08/2019
23/12/2021
21/11/2017
18/07/2016
30/09/2016
28/10/2016
31/01/2017
23/11/2016
20/10/2023
20/12/2017
02/07/2018
12/03/2024
15/11/2017
21/04/2020
21/01/2020
18/07/2016
19/08/2016
11/06/2018
04/10/2020
16/03/2018
21/02/2020
30/06/2016
28/11/2016
30/12/2016
30/12/2016
24/03/2020
18/07/2016
30/12/2016
28/11/2022
14/06/2017
31/05/2016
09/07/2019
17/09/2018
08/04/2020
09/05/2017
30/11/2016
15/12/2016
28/07/2017
08/06/2016
30/12/2016
04/07/2016
23/08/2020
29/12/2017
27/10/2019
30/09/2016
14/09/2018
09/11/2017
17/01/2018
16/03/2020
30/08/2016
10/08/2016
30/09/2016
29/07/2016
23/11/2016
31/10/2016
06/04/2018
16/05/2022
21/07/2023
15/01/2024
09/08/2017
15/12/2020
02/09/2016
22/07/2020
20/03/2018
21/12/2020
31/05/2016
31/05/2016
30/06/2016
30/09/2016
31/05/2016
20/01/2024
28/02/2022
27/01/2020
30/06/2016
Ch
mo
sha
SH
bes
inv
in c
tra
con
3,2
pos
firs
com
ma
as
2Q
firm
fro
inc
fore
or t
Ch
tur
ab
me
sec
aly
but
S
M
Bu
Ma
Y
H
0
0
0
0
0
2
1
0
0
0
0
0
0
0
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
1
0
0
0
0
0
1
0
0
0
0
0
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
019
016
016
016
016
016
018
016
019
016
020
016
016
016
021
016
017
020
017
018
018
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
020
021
021
019
016
016
016
020
020
016
019
017
019
021
017
016
016
016
017
016
023
017
018
024
017
020
020
016
016
018
020
018
020
016
016
016
016
020
016
016
022
017
016
019
018
020
017
016
016
017
016
016
016
020
017
019
016
018
017
018
020
016
016
016
016
016
016
018
022
023
024
017
020
016
020
018
020
016
016
016
016
016
024
022
020
016
China stocks — China stocks rise the
most in five weeks as consumer, IT
shares surge
SHANGHAI: China stocks posted their
best day in nearly five weeks yesterday, as
investors bet on short-term improvements
in corporate fundamentals, although thin
trading after the holiday weekend suggests
confidence remains fragile.
The blue-chip CSI300 Index rose 1.8% to
3,213.54 points; while the Shanghai Composite Index also gained 1.85% to 2,992.64.
Chinese investors drew solace from
first-quarter (1Q) earnings of China-listed
companies where profits did not tumble as
many had feared. Analysts said hopes that
a stabilising economy may also support
2Q earnings underpinned sentiment.
Combined profits of 2,837 mainland-listed
firms dipped only 0.45% in the first quarter
from a year earlier, while 666 companies,
including some struggling steelmakers, had
forecast they would post earnings increases
or turn to profit during the first half, the official
China Securities Journal reported yesterday.
However, private and official manufacturing surveys cast doubt on the sustainability of the economic recovery.
“Investors are now betting that government stimulus can feed into companies’
second-quarter profit,” said Zeng Yan, analyst at Zhongtai Securities.
The improvements may last until the 2Q,
but profits could drop after that with no fur-
ther stimulus, he said, adding that overriding
worries about sustainability of the economic
recovery was keeping trading volumes thin.
A private survey showed yesterday that
activity at China’s factories shrank for the 14th
straight month in April as demand stagnated,
forcing companies to shed jobs at a faster pace.
Activity in China’s manufacturing sector expanded for the second month in a
row in April but only marginally, an official
survey showed on Sunday. China stocks
rose across the board yesterday, with consumer and IT stocks leading the charge.
Chinese alcohol makers led the consumer staples index up about 4% to its
highest level since early January, with
prices of Wuliangye Yibin Co Ltd, Shanxi
Fenjiu and Kouzi Distillery surging.
Meanwhile, Hong Kong’s benchmark
index fell the most in nearly 12 weeks
yesterday, as some Asian markets gave
up earlier gains amid worries about the
ability of global central banks to boost
growth through aggressive policy easing.
The Hang Seng Index fell 1.85% to
20,676.94 points, the biggest one-daypercentage loss since Feb 11. The China
Enterprises Index lost 2.1% to 8,748.7, its
worst day since Feb 25.
The China and Hong Kong market was
closed for a public holiday on Monday, when
the Japanese stock market tumbled over 3%.
All main sectors in Hong Kong lost
ground, with energy and IT shares leading
the declines.
Shanghai Composite
5800
+54.32
(+1.85%)
4825
3850
Index points
28900
May 3, 2016
2445
11770
-390.11
(-1.85%)
Mar 1, 2010
DAY
HIGH
DAY
LOW
0.185
0.120
0.600
0.140
0.775
2.080
1.110
0.195
0.280
0.125
0.435
0.035
0.180
0.110
2.020
0.130
0.085
0.150
0.115
0.055
0.150
0.160
0.530
0.320
0.465
0.200
0.160
0.325
0.275
0.285
0.150
0.140
0.085
0.210
1.050
0.280
0.265
1.550
0.230
0.140
0.140
0.235
0.085
1.150
0.377
0.140
0.270
0.245
0.100
0.055
0.080
0.330
0.005
0.235
0.705
0.645
0.005
0.020
0.085
0.160
0.015
0.005
0.005
0.315
0.080
0.030
0.015
0.070
0.015
0.080
0.105
0.090
0.080
0.320
0.070
0.020
0.010
0.070
0.110
0.050
0.020
0.085
0.030
0.300
0.055
0.145
0.620
0.065
0.055
0.040
0.110
0.070
0.630
0.140
0.060
0.035
0.075
0.040
0.060
0.085
0.385
0.105
0.675
1.860
0.670
0.005
0.175
0.120
0.420
0.025
0.005
0.005
0.785
0.090
0.035
0.025
0.085
0.015
0.095
0.105
0.250
0.110
0.365
0.120
0.020
0.015
0.090
0.110
0.150
0.025
0.085
0.050
0.765
0.070
0.160
1.320
0.145
0.095
0.050
0.180
0.070
0.855
0.170
0.090
0.040
0.075
0.045
0.060
0.085
0.380
0.100
0.675
1.830
0.650
0.005
0.135
0.115
0.400
0.015
0.005
0.005
0.785
0.090
0.030
0.025
0.075
0.015
0.080
0.105
0.245
0.100
0.320
0.105
0.020
0.010
0.085
0.110
0.150
0.025
0.085
0.050
0.755
0.055
0.145
1.320
0.145
0.065
0.045
0.175
0.070
0.845
0.170
0.090
0.035
0.075
0.040
CODE
5681CQ
3042CA
1945WC
8869CL
8869CN
8869WC
7088WB
4634CU
4634CV
4634CW
7168WA
0007WB
6807CH
6807CI
6807WB
7084CH
5256WA
7232WA
5270WA
0133WC
5157WA
4731CD
7073WA
0055WA
7246WA
4197C3
521815
521816
521817
521820
521821
521824
521825
5218HC
7155WA
0117WA
5126CD
7103WA
7143WA
1201WA
1201WB
5263CC
5263CD
5211WA
0148WA
0148WB
710610
710611
710612
WARRANTS
PETDAG-CQ
PETRONM-CA
PJDEV-WC
PMETAL-CL
PMETAL-CN
PMETAL-WC
POHUAT-WB
POS-CU
POS-CV
POS-CW
PRG-WA
PUC-WB
PUNCAK-CH
PUNCAK-CI
PUNCAK-WB
QL-CH
REACH-WA
RESINTC-WA
RSENA-WA
SANICHI-WC
SAUDEE-WA
SCIENTX-CD
SEACERA-WA
SERSOL-WA
SIGN-WA
SIME-C3
SKPETROC15
SKPETROC16
SKPETROC17
SKPETROC20
SKPETROC21
SKPETROC24
SKPETROC25
SKPETRO-HC
SKPRES-WA
SMRT-WA
SOP-CD
SPRITZER-WA
STONE-WA
SUMATEC-WA
SUMATEC-WB
SUNCON-CC
SUNCON-CD
SUNWAY-WA
SUNZEN-WA
SUNZEN-WB
SUPERMX-C10
SUPERMX-C11
SUPERMX-C12
CLOSE
(RM)
+/(RM)
0.060
0.085
0.380
0.105
0.675
1.860
0.665
0.005
0.140
0.115
0.405
0.025
0.005
0.005
0.785
0.090
0.030
0.025
0.085
0.015
0.090
0.105
0.245
0.100
0.320
0.105
0.020
0.015
0.085
0.110
0.150
0.025
0.085
0.050
0.755
0.055
0.160
1.320
0.145
0.070
0.050
0.175
0.070
0.855
0.170
0.090
0.035
0.075
0.040
Unch
0.005
-0.035
0.005
Unch
-0.020
-0.010
-0.005
-0.025
-0.005
-0.010
Unch
Unch
Unch
-0.010
-0.015
Unch
-0.005
Unch
Unch
Unch
-0.015
-0.010
-0.010
-0.045
-0.015
-0.005
Unch
-0.005
Unch
0.100
-0.005
Unch
-0.005
-0.005
-0.025
Unch
-0.080
Unch
0.005
Unch
-0.025
-0.010
0.015
0.010
Unch
-0.005
-0.035
-0.010
VOL PARENT
EXE
(‘000)
PRICE PRICE
13
30
15
609.1
39
87.5
348.2
2730
6369.8
80
551.9
535.1
3985.3
149.9
9
10
6829.9
44.9
23267.1
1789
213.5
10
292
313.2
781
165
89.1
2494.2
175
62.5
10
220
40
210
119.9
566.7
1400.8
0.6
150
1572.3
2370.3
100.8
100
59.4
10
685
589.2
15
55
PR’M
(%)
23.840 24.860
8.31
5.400 6.000
30.00
1.400 1.000
-1.43
2.940 2.500
2.89
2.940 1.600
0.34
2.940 1.100
0.68
1.460 1.000
14.04
2.800 5.500
96.96
2.800 2.770
8.93
2.800 3.000
21.52
1.100 0.750
5.00
0.065 0.100
92.31
1.160 1.767
53.13
1.160 2.019
75.08
1.160 1.000
53.88
4.360 4.400
13.30
0.680 0.750
14.71
0.335 0.500
56.72
0.405 0.500
44.44
0.045 0.100 155.56
0.300 0.500
96.67
12.22 13.00
23.57
0.860 1.000
44.77
0.130 0.180 115.38
1.010 0.970
27.72
7.610 7.900
9.33
1.640 2.200
38.41
1.640 1.800
11.59
1.640 1.700
16.62
1.640 1.600
14.33
1.640 1.980
57.32
1.640 2.100
33.38
1.640 2.000
40.09
1.640 1.700
9.76
1.310 0.550
-0.38
0.190 0.180
23.68
4.390 4.000
5.69
2.590 1.180
-3.47
0.355 0.300
25.35
0.115 0.320 239.13
0.115 0.175
95.65
1.600 1.450
7.03
1.600 1.800
23.44
3.130 2.250
-0.80
0.250 0.100
8.00
0.250 0.250
36.00
2.590 3.170
27.80
2.590 3.300
39.00
2.590 4.000
63.71
16310
2,772.70
1960
May 3, 2016
Main Market & Ace Market Warrants
YEAR
LOW
+4.39
(+0.14%)
14040
20,676.94
EXPIRY
DATE
31/10/2016
15/12/2016
04/12/2020
08/06/2016
18/07/2016
22/08/2019
21/10/2020
31/05/2016
31/10/2016
11/10/2016
06/07/2019
15/02/2019
18/07/2016
31/05/2016
20/07/2018
23/11/2016
12/08/2022
29/09/2016
01/12/2023
24/09/2019
31/03/2021
13/01/2017
16/05/2017
18/04/2023
21/04/2021
30/09/2016
30/08/2016
31/05/2016
30/09/2016
18/07/2016
28/11/2016
30/08/2016
26/01/2017
31/05/2016
27/06/2017
01/08/2017
18/07/2016
13/12/2016
21/06/2020
03/03/2021
13/11/2018
28/10/2016
28/10/2016
17/08/2016
14/04/2019
25/02/2021
31/10/2016
28/10/2016
31/01/2017
Index points
18580
2930
Bursa Malaysia Equity Derivatives
YEAR
HIGH
3,032.60
22350
15800
Mar 1, 2010
3900
3415
19075
1900
Dow Jones
Index points
25625 21,056.93
3,087.842
2875
LONDON: European shares edged up on
Monday after sharp declines in the previous session, with German shares outperforming the broader market after a positive
manufacturing survey.
However, Italian banks fell after the latest
government measures aimed at tackling
the sector’s pile of bad loans fell short of
expectations.
Trading volumes were thin as the UK
market and other bourses in Europe were
closed for a public holiday.
The eurozone’s blue-chip Euro STOXX
50 Index ended up 0.14%. Germany’s
DAX rose 0.8% after data showed factory
activity in Europe’s biggest economy rose
to a three-month high in April, buoyed by
rising demand at home and abroad.
“It’s a pleasant surprise, but I still think
that we are not out of the woods yet,” said
Koen De Leus, senior economist at KBC
in Brussels. “We don’t see a big acceleration in German growth trends because
an appreciation in the euro against the
dollar and a recent recovery in oil prices
will continue to be major headwinds.”
Insurers were the biggest sectoral gainer, led higher by Germany’s Allianz, which
rose 2.9% after its net profit rose due to
one-off effects, outperforming expectations.
Milan’s blue chip FTSE MIB Index fell
0.9%, however, with banks UniCredit, Monte dei Paschi and Banco Popolare all down
between 3.7 and 7.3%.
The Italian government passed a decree late last Friday to speed up the recovery of loans in a bid to help banks tackle
a bad loan pile and restore confidence
in the battered sector. But investors on
Monday expressed some caution about
the measures and said it would take time
before their impact was seen.
“The new measure seems interesting
but the market will need more clarity on
how quickly the new initiatives will feed into
the economy and how many of the existing lending contracts will be amended to
include them,” Citi said in a note to clients.
Luxury carmaker Ferrari fell 0.8% after
a strong earnings release which traders
said had already been priced in. BASF
fell 2.9% after its shares traded without
the attraction of latest dividend payouts.
Last Friday, the pan-European FTSEurofirst 300 had fallen 2.2%, with the index still
down more than 6% this year.Investors will
keep an eye on earnings for hints about the
market’s near-term direction.
The reporting season is gathering pace,
with 65 firms in the STOXX 600 index, including Lloyds, Royal Bank of Scotland, Shell and
Continental, reporting their results this week.
According to Thomson Reuters
StarMine, 43% companies in Europe have
reported results, of which 62% have met
or beaten earnings forecasts. — Reuters
Euro STOXX 50 Index
Hang Seng
Index points
2,992.64
European stocks — German shares help
European equities edge ahead; Italy
banks drop
10,403.79
17,891.16
+117.52
(+0.66%)
9500
Mar 1, 2010
May 2, 2016
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
0.120
0.765
0.710
0.310
0.235
0.345
0.285
0.560
0.090
0.125
0.470
0.595
0.155
0.200
0.975
2.550
0.025
0.135
0.215
0.260
0.680
1.050
0.465
0.885
0.400
0.170
0.080
0.390
0.070
0.380
0.150
0.120
0.075
0.125
0.250
0.160
0.165
0.160
0.245
0.320
0.175
0.120
0.120
0.515
0.290
0.280
0.095
0.025
0.065
0.110
0.130
0.500
0.260
0.270
0.045
0.170
0.160
0.055
0.030
0.135
0.155
0.250
0.045
0.030
0.385
0.360
0.005
0.150
0.360
0.600
0.015
0.100
0.125
0.105
0.300
0.035
0.125
0.100
0.070
0.025
0.005
0.195
0.005
0.020
0.025
0.035
0.005
0.010
0.090
0.040
0.005
0.011
0.022
0.080
0.045
0.015
0.015
0.235
0.100
0.130
0.060
0.015
0.040
0.025
0.075
0.330
0.070
0.110
0.045
0.315
0.225
0.055
0.035
0.190
0.190
0.285
0.065
0.080
0.445
0.530
0.125
0.165
0.435
1.800
0.020
0.100
0.215
0.215
0.455
0.035
0.140
0.105
0.070
0.110
0.020
0.280
0.005
0.105
0.030
0.045
0.010
0.015
0.135
0.055
0.035
0.160
0.240
0.245
0.050
0.020
0.035
0.265
0.240
0.195
0.075
0.015
0.045
0.100
0.075
0.375
0.120
0.115
0.045
0.290
0.200
0.055
0.030
0.185
0.185
0.255
0.060
0.070
0.445
0.525
0.120
0.155
0.435
1.760
0.020
0.100
0.125
0.210
0.445
0.035
0.130
0.100
0.070
0.105
0.010
0.280
0.005
0.095
0.025
0.035
0.005
0.010
0.135
0.055
0.020
0.145
0.225
0.240
0.050
0.020
0.030
0.235
0.230
0.190
0.070
0.015
0.040
0.075
0.075
0.370
0.070
0.110
CODE
710615
7106C5
7106C7
7106C8
7106C9
7082WB
1538WB
8524WB
0132WA
534719
534721
534722
534726
534727
7252WA
7034WA
7079WC
486310
486313
0101WB
8397WC
7113C3
7113CX
7113CY
7113CZ
5054WA
5054WB
5401WA
5230CF
514818
514820
5243C3
5243CY
5243CZ
7091WA
5005CJ
0120WA
0069WB
0069WC
7240WA
6963CA
6963CD
0066WA
6963WA
9679WD
9679WE
5246CN
0095WA
0165WA
7020WB
4677C3
6742WB
7028WA
2283WA
WARRANTS
SUPERMX-C15
SUPERMX-C5
SUPERMX-C7
SUPERMX-C8
SUPERMX-C9
SYF-WB
SYMLIFE-WB
TALIWRK-WB
TDEX-WA
TENAGA-C19
TENAGA-C21
TENAGA-C22
TENAGA-C26
TENAGA-C27
TEOSENG-WA
TGUAN-WA
TIGER-WC
TM-C10
TM-C13
TMCLIFE-WB
TNLOGIS-WC
TOPGLOV-C3
TOPGLOV-CX
TOPGLOV-CY
TOPGLOV-CZ
TRC-WA
TRC-WB
TROP-WA
TUNEPRO-CF
UEMS-C18
UEMS-C20
UMWOG-C3
UMWOG-CY
UMWOG-CZ
UNIMECH-WA
UNISEM-CJ
VIS-WA
VIVOCOM-WB
VIVOCOM-WC
VOIR-WA
VS-CA
VS-CD
VSOLAR-WA
VS-WA
WCT-WD
WCT-WE
WPRTS-CN
XINGHE-WA
XOX-WA
YKGI-WB
YTL-C3
YTLPOWR-WB
ZECON-WA
ZELAN-WA
Mar 1, 2010
CLOSE
(RM)
+/(RM)
0.045
0.295
0.200
0.055
0.035
0.185
0.190
0.255
0.065
0.075
0.445
0.530
0.125
0.160
0.435
1.760
0.020
0.100
0.130
0.210
0.450
0.035
0.130
0.100
0.070
0.110
0.020
0.280
0.005
0.105
0.030
0.040
0.010
0.015
0.135
0.055
0.025
0.155
0.235
0.240
0.050
0.020
0.030
0.245
0.240
0.195
0.075
0.015
0.040
0.085
0.075
0.370
0.100
0.115
Unch
-0.005
-0.010
-0.005
0.005
-0.005
Unch
-0.030
0.005
0.005
-0.020
0.035
0.005
0.005
Unch
-0.080
Unch
-0.010
Unch
-0.005
-0.040
Unch
0.005
-0.015
-0.005
0.005
0.010
-0.010
Unch
Unch
-0.005
-0.010
0.005
Unch
0.005
Unch
0.010
0.010
0.010
0.050
0.005
Unch
Unch
-0.015
Unch
0.005
-0.005
Unch
-0.005
0.010
-0.015
-0.020
0.020
-0.005
May 2, 2016
VOL PARENT
EXE
(‘000)
PRICE PRICE
196.6
2660
130
190
164.4
412.6
40.2
81.5
297
166.1
50
20
87.6
29.8
10
44
572
400
4430
273.5
88.5
50
276.3
50
5
110
479.7
1.4
154
513
859
198.9
550.1
150.1
91.1
50
4790.8
41838.7
15455.3
66.5
1069.8
53.8
1716
4182.9
123.5
916.3
130
1883
669.7
10481.6
549.9
35.1
135
365
2.590
2.590
2.590
2.590
2.590
0.565
0.710
1.300
0.120
14.080
14.080
14.080
14.080
14.080
0.435
3.120
0.050
6.690
6.690
0.780
1.260
4.960
4.960
4.960
4.960
0.445
0.445
1.000
1.310
1.030
1.030
0.925
0.925
0.925
1.190
2.150
0.190
0.340
0.340
0.750
1.210
1.210
0.090
1.210
1.660
1.660
4.230
0.055
0.125
0.260
1.560
1.470
0.735
0.210
Please refer to the bursa malaysia website for the prices of Loan stocks, bonds and overseas structure warrants
3.100
2.100
2.200
3.000
3.300
0.700
1.100
1.700
0.110
13.500
10.500
10.500
12.880
13.700
1.350
1.500
0.080
6.800
7.000
0.750
1.000
7.660
4.625
5.250
6.900
0.500
0.610
1.000
1.750
0.930
1.000
1.070
1.600
1.200
1.500
2.050
0.250
0.240
0.100
0.500
1.380
1.600
0.120
1.650
1.710
2.080
4.250
0.100
0.200
0.500
1.550
1.140
1.060
0.250
PR’M
(%)
29.25
3.86
0.39
24.32
33.49
56.64
81.69
50.38
45.83
2.27
-0.14
0.92
4.79
8.10
310.34
4.49
100.00
10.61
11.43
23.08
15.08
57.61
8.97
10.89
47.58
37.08
41.57
28.00
34.73
5.58
5.83
22.16
76.22
33.78
37.39
5.58
44.74
16.18
-1.47
-1.33
26.45
37.85
66.67
56.61
17.47
37.05
5.79
109.09
92.00
125.00
8.97
2.72
57.82
73.81
EXPIRY
DATE
23/11/2016
18/07/2016
31/05/2016
25/08/2016
29/07/2016
11/11/2019
11/11/2020
11/11/2018
21/09/2018
08/06/2016
31/05/2016
30/09/2016
30/08/2016
30/08/2016
29/01/2020
09/10/2019
11/02/2021
07/10/2016
28/10/2016
21/06/2019
26/12/2018
15/08/2016
10/08/2016
31/05/2016
28/10/2016
20/01/2017
14/07/2016
06/12/2019
08/06/2016
30/08/2016
18/07/2016
31/10/2016
29/07/2016
18/07/2016
18/09/2018
29/07/2016
01/09/2016
07/09/2018
22/01/2020
31/03/2024
28/10/2016
29/07/2016
01/12/2017
06/01/2019
11/12/2017
27/08/2020
30/09/2016
22/03/2019
10/02/2019
28/05/2020
28/11/2016
11/06/2018
03/03/2017
25/01/2019
30 Markets
INSIDER MOVES . TRADING THEMES . EVENTS . FOREX
Trading themes
Insider moves (Filings on Apr 29, 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)
AIRASIA
BERJAYA AUTO
BIMB
BUMI ARMADA
CIMB GROUP
CIMB GROUP
1,571,900
328,100
(2,000,000)
(1,000,000)
1,194,100
10,268,443
DIALOG GROUP
1,434,200
DIGI.COM
ECOFIRST CONSOLIDATED
EKOVEST
FRONTKEN CORPORATION
GAMUDA
GAMUDA
3,199,000
500,000
(6,000,000)
(2,300,000)
1,161,000
(304,100)
GLOBETRONICS TECHNOLOGY
HARTALEGA
HOCK SENG LEE
HONG LEONG BANK
IGB REAL ESTATE INVEST TRUST
IHH HEALTHCARE
IJM CORPORATION
IJM CORPORATION
(757,500)
(315,200)
(281,700)
620,400
307,200
(915,100)
(855,500)
(2,047,500)
INARI AMERTRON
INARI AMERTRON
IOI CORPORATION
KINSTEEL
KNM GROUP
KOSSAN RUBBER INDUSTRIES
KPJ HEALTHCARE
KUALA LUMPUR KEPONG
410,400
2,044,800
807,000
(5,968,700)
(10,000,000)
439,300
237,500
935,200
KUALA LUMPUR KEPONG
LBS BINA GROUP
481,600
3,867,300
LINGKARAN TRANS KOTA
500,000
MALAKOFF CORPORATION
MALAYAN BANKING
MAXIS
MENANG CORPORATION
MSM MALAYSIA
(692,500)
2,253,900
853,300
472,900
388,700
MTOUCHE TECHNOLOGY
20,000,000
POS MALAYSIA
1,700,000
PUBLIC BANK
(1,995,600)
REACH ENERGY
926,700
SASBADI
400,000
SIME DARBY
304,300
SPRING GALLERY
(1,300,900)
STERLING PROGRESS
1,380,000
SUNWAY R. ESTATE INVEST TRUST 2,150,600
TELEKOM MALAYSIA
TENAGA NASIONAL
TENAGA NASIONAL
217,500
1,516,100
(12,616,200)
WCT
WCT
403,000
788,100
WZ SATU
144,800
YNH PROPERTY
YTL CORPORATION
2,294,000
2,816,500
DIRECTOR/SUBSTANTIAL
SHAREHOLDER
EMPLOYEES PROVIDENT FUND BOARD
MITSUBISHI UFJ FINANCIAL GROUP INC.
(JAPAN)
KUMPULAN WANG PERSARAAN
(DIPERBADANKAN)
DATO’ TIONG KWING HEE
KOTA JAYASAMA
OOI KENG THYE
(DIPERBADANKAN)
LEMBAGA TABUNG HAJI
AMANAHRAYA TRUSTEES
- SKIM AMANAH SAHAM BUMIPUTERA
(DIPERBADANKAN)
VERTICAL CAPACITY
KIN KEE S/B
AMANAHRAYA TRUSTEES
(DIPERBADANKAN)
AMANAHRAYA TRUSTEES
TOH MAY FOOK
AMANAHRAYA TRUSTEES
KUA KHAI SHYUAN
LEMBAGA TABUNG HAJI
INNOFARM
FNS AVENUE
AMANAHRAYA TRUSTEES
AMANAHRAYA TRUSTEES
LEMBAGA TABUNG HAJI
(DIPERBADANKAN)
DATO’ SRI TENGKU UZIR TENGKU
DATO’ UBAIDILLAH
DATO’ DR YU KUAN CHON
SHARES HELD
AFTER CHANGE
TRANSACTION
DATE
147,227,949
110,631,220
199,344,301
422,431,200
1,239,044,490
825,291,647
26/4
26/4
26/4
26/4
22 & 25/4
22 & 25/4
323,090,916
13/4
952,569,176
128,810,900
133,432,061
137,275,300
278,433,005
147,996,750
26/4
27/4
27/4
26/4
26/4
26,308,500
122,641,000
34,988,914
288,641,571
240,940,313
726,757,200
193,852,240
288,822,400
26/4
26/4
26/4
26/4
26/4
26/4
25 - 27/4
25 - 27/4
75,903,527
73,663,333
26/4
13 - 15
& 19/4
26/4
27 & 28/4
26/4
20 - 22/4
26/4
25 - 27/4
2,959,628,380
124,670,155
59,617,400
127,081,695
66,035,500
124,823,288
37,872,800
38,082,700
26/4
11 - 15
& 18/4
26 & 27/4
805,816,033
1,416,855,883
617,074,634
24,226,400
42,325,900
26/4
25 & 26/4
26/4
28/4
26/4
20,000,000
66,857,200
518,329,368
67,979,700
16,327,800
759,941,109
20,396,500
59,986,200
292,862,100
26/4
26/4
26/4
25 & 26/4
26/4
26/4
22 & 25/4
28/4
25 - 27/4
490,286,836
847,449,682
400,326,900
26/4
26/4
25 - 27/4
121,893,021
80,257,588
81,557,136
26 & 27/4
11 - 13
& 19/4
29/4
131,932,477
719,265,147
29/4
25/4
United Kingdom trade ties with the European Union
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 events to watch out for today
• ‘Keeping it Easy with DiGi’ at DiGi Head- • Asean Business Advisory Council media
luncheon to provide updates on Asean
quarters, Lot 10, Jalan Delima 1/1, Subang
Economic Community at Grand Hyatt
Hi-Tech Industrial Park, Subang Jaya,
Hotel, Kuala Lumpur at 11.30am.
Selangor at 10.30am.
Stocks closest to year low
Stocks closest to year high
STOCK
KERJAYA-WA
EFORCE
SKPETROC21
TM-C13
AJI
ARREIT
MYCRON
KERJAYA
TWRREIT
LCHEONG
YNHPROP
EFORCE-WA
HSI-H41
FBMKLCI-H61
AWC
HIGH
(RM)
LOW
(RM)
CLOSE
(RM)
VOLUME
('000)
1.130
1.280
0.150
0.215
12.060
0.905
0.450
1.960
1.230
0.405
2.060
0.650
0.640
0.200
0.625
0.975
1.230
0.150
0.125
11.600
0.900
0.410
1.840
1.220
0.370
1.900
0.615
0.630
0.175
0.590
1.080
1.270
0.150
0.130
11.700
0.900
0.445
1.890
1.220
0.395
1.980
0.625
0.640
0.195
0.615
598
3521.4
10
4430
243.6
130.9
5930.4
1114.2
79.6
4830.9
2832.8
3928.6
50
369
12605.9
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
UMWOG-CZ
TM-C10
SGB-WA
SAUDEE-WA
MBSB-WA
FBMKLCI-C46
SOP-CD
TCHONG
HSI-C38
IJM-CZ
HSI-C40
BONIA
TOPGLOV-CY
FBMKLCI-C54
SIGN-WA
HIGH
(RM)
LOW
(RM)
CLOSE
(RM)
VOLUME
('000)
0.015
0.100
0.175
0.095
0.265
0.240
0.160
2.230
0.675
0.130
0.950
0.600
0.105
0.125
0.365
0.010
0.100
0.125
0.080
0.245
0.205
0.145
2.200
0.585
0.130
0.910
0.590
0.100
0.105
0.320
0.015
0.100
0.130
0.090
0.245
0.205
0.160
2.210
0.585
0.130
0.910
0.590
0.100
0.115
0.320
150.1
400
16475.7
213.5
496.2
170
1400.8
76
60
520
20
1222.4
50
2133.5
781
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
0.604
1.656
US
SWISS
BRIT CANADA BRUNEI S’PORE
AUST
M’SIA
CHINA
BANGL’H
DENM’K
UAE
0.940
0.940
0.923
2.7525
4.533
54.749
4.495
2.569
9,227
46.475
74.048
5.615
32.893
2.546
2.623
5.563
24.426
5.427
1.455
1.557
1.557
1.529
4.5583
7.507
90.668
7.444
4.254
15,281
76.965
122.627
9.299
54.472
4.217
4.344
9.212
40.451
8.988
7.759
STERLING £
2.098
1.267
1.467
1.390
CANADA $
1.138
0.687
0.796
0.754
0.543
BRUNEI $
1.063
0.642
0.744
0.705
0.507
0.934
SINGAPORE $
1.064
0.642
0.744
0.705
0.507
0.934
1.000
AUSTRALIA $
1.083
0.654
0.758
0.718
0.516
0.951
1.018
1.018
MALAYSIA RM
0.363
0.219
0.254
0.241
0.173
0.319
0.342
0.342
0.335
22.061
13.322
15.432
14.619
10.516
19.378
20.745
20.743
20.372
60.7240
1.827
1.103
1.278
1.210
0.871
1.604
1.718
1.717
1.687
5.0275
8.279
100 DANISH KRONER
22.248
13.434
15.562
14.742
10.605
19.542
20.920
20.919
20.544
61.2380
100.85
100 UAE DIRHAM
38.928
23.507
27.230
25.795
18.556
34.193
36.605
36.603
35.947 107.1506
176.46
2,131
174.97
1000 INA RUPIAH
0.108
0.065
0.076
0.072
0.052
0.095
0.102
0.102
0.100
0.2983
0.491
5.933
0.487
0.278
100 INDIA RUPEE
2.152
1.299
1.505
1.426
1.026
1.890
2.023
2.023
1.987
5.9226
9.753
117.805
9.671
5.527
0.947
0.681
1.256
1.344
1.344
1.320
3.9350
6.480
78.270
6.426
3.672
13,191
66.440
105.859
8.027
47.024
3.640
3.750
7.953
34.920
0.719
1.326
1.419
1.419
1.394
4.1539
6.841
82.624
6.783
3.877
13,925
70.136
111.748
8.474
49.640
3.843
3.959
8.395
36.863
8.191
1.843
1.973
1.973
1.937
5.7746
9.510
114.861
9.430
5.389
19,358
97.501
155.348
11.780
69.007
5.342
5.503
11.671
51.245
11.386
1.071
1.070
1.051
3.1337
5.161
62.331
5.117
2.925
10,505
52.911
84.303
6.393
37.448
2.899
2.987
6.333
27.809
6.179
1.000
0.982
2.9272
4.820
58.224
4.780
2.732
9,813
49.424
78.747
5.971
34.980
2.708
2.790
5.916
25.977
5.772
0.982
2.9274
4.821
58.228
4.780
2.732
9,814
49.428
78.753
5.972
34.983
2.708
2.790
5.916
25.978
5.772
2.9808
4.909
59.290
4.868
2.782
9,993
50.329
80.189
6.081
35.621
2.757
2.841
6.024
26.452
5.878
1.0000
1.647
19.891
1.633
0.933
3,352
16.884
26.902
2.040
11.950
0.925
0.953
2.021
8.874
1.972
1,208
99.161
56.672
1,634
123.876
725.661
56.175
57.872
122.724
538.878
119.736
8.210
4.692
16,854
84.886
135.249
10.256
60.079
4.651
4.791
10.161
44.615
9.913
57.151
205,290
1,033.97
1,647
124.92
731.80
56.65
58.36
123.76
543.44
120.75
1,809
2,883
218.59
1,280
99.12
102.12
216.55
950.88
211.28
5.037
8.025
0.609
3.565
0.276
0.284
0.603
2.647
0.588
159.330
12.082
70.776
5.479
5.644
11.970
52.558
11.678
1,218
203,567 1,025.293
359,204
19,855
1.350
0.815
0.945
0.895
0.644
1.186
1.270
1.270
1.247
3.7172
6.121
73.938
6.070
3.469
12,461
62.763
17.809
10.754
12.457
11.801
8.489
15.643
16.746
16.745
16.445
49.0200
80.726
975
80.048
45.749
164,331
827.677
1,319
2.807
3.040
1.836
2.127
2.015
1.449
2.670
2.859
2.859
39.273
23.715
27.471
26.023
18.720
34.495
36.929
36.926
7.583
8.3681
13.781
166.447
13.665
7.810
28,053
141.291
225.118
17.071
36.265 108.0985
178.016
2,150
176.522
100.885
362,382
1,825
2,908
220.519
44.421
3.439
3.543
7.513
32.987
7.330
585.796
45.348
46.718
99.070
435.014
96.658
7.741
1,292
7.975
16.912
74.260
16.500
103.022
218.469
959.290
213.149
931.151
206.897
439.096
97.565
100 SAUDI RIYAL
38.121
23.019
26.665
25.260
18.171
33.484
35.846
35.843
35.201 104.9277
172.794
2,087
171.344
97.925
351,752
1,772
2,823
214.051
1,254
97.067
100 SWEDISH KRONOR
17.976
10.855
12.574
11.912
8.569
15.790
16.904
16.902
16.600
49.4800
81.483
984.192
80.800
46.178
165,873
835.444
1,331
100.938
591.293
45.773
47.156
4.094
2.472
2.864
2.713
1.951
3.596
3.850
3.849
3.780
11.2686
18.557
224.140
18.401
10.517
37,776
190.264
303.148
22.988
134.661
10.424
10.739
22.774
18.425
11.126
12.888
12.209
8.782
16.184
17.325
17.324
17.014
50.7150
83.517 1,008.757
82.816
47.331
170,013
856.296
1,364
103.458
606.052
46.916
48.333
102.496
100 HK$
HK
0.878
1.056
100 THAI BAHT
THAI
0.789
0.863
100 PHILIPPINE PESO
SAUDI SWEDEN
0.477
0.911
100 QATAR RIYAL
QATAR
1.097
1.430
100 NORWEGIAN KRONER
PHIL
0.663
1.509
100 JAPAN YEN
JAPAN NORWAY
1.158
US $
100 BANGLAD’H TAKA
INDIA
0.699
SWISS FR
100 CHINESE RMB
INA
212.061
22.219
450.056
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
Long Rolls - KLCI futures
FKLI
Index points
1980
Open Interest
1,642.00 90000
(-20.50)
Index points
-5.50
18.00
US Dollar
Klibor
USD Index
Implied interest rate (%)
102.00
(-5.00)
4.5
92.294
3.65
(-0.332)
1790
68000
4.75
94.25
1600
46000
-8.50
86.50
1410
24000
-21.75
78.75
2000
-35.00
(Unch)
3.5
1220
Jan 4, 2010
May 3, 2016
2.5
71.00
Jan 4, 2010
FBM KLCI futures end lower
in line with cash market
May 3, 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 1,651.44 -21.28 206.7M
1,642.00 -20.50
8,257 38,922
1,479
Malaysia Derivatives ended lower yesterday MAY 16
1,636.00 -21.50
603
1,124
28
in line with the performance of the under- JUN 16
SEP 16
1,627.00 -19.50
54
146
4
lying cash market.
DEC 16
1,618.50 -28.00
12
12
UNCH
Spot contract May 2016 eased 20.5 points TOTAL
8,926 40,204
1,511
to 1,642; June 2016 fell 21.5 points to 1,636;
BID
OFFER
CLOSE
September 2016 shed 19.5 points to 1,627; FUTURES ROLL OVER
-5.0
-5.5
-5.5
and December 2016 shrank 28 points to MAY/JUN
FUTURES FAIR VALUE
1,618.5.
DAYS TO EXPIRY
KLIBOR DIVIDEND FAIR VALUE
Turnover fell sharply to 8,926 lots from CONTRACT
16
29
4.32
5.83
-1.51
14,580 lots last Friday, while open interest MAY
JUN 16
59
8.96
12.55
-3.59
decreased to 40,204 contracts from 68,589 ROLL’S FAIR
-2.09
contracts, previously.
The benchmark FBM KLCI closed 21.28
points lower at 1,651.44.
Most Southeast Asian stock markets ended lower yesterday with the Malaysian index
The Malaysian stock index fell 1.27% to its
leading the decline amid falls in banking lowest closing since Feb 15, weighed down
shares.
by the financial sector. — Agencies
Commodities
CPO vs Soyoil
Open Interest
4200
200000
3450
2700
1950
2,538
1200
Jan 6, 2008
May 3, 2016
The yen soars to 18-month
high against weak US dollar
The yen jumped to a 18-month high against
a weak US dollar yesterday, extending gains
that have undermined Japanese officials’
attempts to reflate the developed world’s
most stagnant economy.
The US dollar has been on the defensive
with the US Federal Reserve seen in no hurry
to raise rates. Yesterday, the US dollar index fell
as far as 91.919, its lowest since January 2015.
The euro, another low-yielding currency,
rose 0.6% against the US dollar to US$1.1616,
its highest since August 2015.
The yen also rose sharply against the Australian dollar, up 1.7% after the Reserve Bank
of Australia cut interest rates to record lows.
The yen has now risen over 12% against
the US dollar this year, extending gains after
the Bank of Japan kept monetary stimulus
unchanged last week. — Reuters
1.5
Oct 1, 2000
May 3, 2016
Klibor
MONTH
SETTLEMENT
PRICE
MAY6
JUN6
JUL6
SEP6
DEC6
MAR7
JUN7
SEP7
DEC7
MAR8
JUN8
SEP8
DEC8
MAR9
JUN9
SEP9
DEC9
MAR0
JUN0
SEP0
DEC0
MAR1
TOTAL
CHANGE
96.32
96.35
96.35
96.35
96.35
96.35
96.30
96.26
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
VOLUME
OPEN
INTEREST
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0
CPO prices react to various factors including soyoil prices, weather conditions and stockpiles. Open interest shows either increasing or decreasing market participation.
CPO & Open Interest
CPO RM/tonne
Oct 2, 2006
(-55)
Crude Oil
Gold
CPO RM/tonne
Soyoil US$/Ibs
US$/bbl
US$/troy oz
6400
2,832 0.7300
155.00
1980
(RM0.3271/tonne)
44.32
1660
152500
5100
0.5475
121.25
105000
3800
0.3650
87.50
1340
57500
2500
0.1825
53.75
1020
10000
May 3, 2016
Palm falls to near 2-month low
on declining export demand
(-55)
Jan 6, 2008
0.0000
May 3, 2016
CPO futures
CONTRACT
MAY-16
JUN-16
JUL-16
AUG-16
SEP-16
LAST
2,519
2,537
2,538
2,530
2,516
CHANGE
-53
-56
-55
-52
-46
VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
159
3,702
2,110 27,949
26,213 104,937
8,070 46,012
6,701 49,910
1,295.60
(-0.20)
2,538
1200
(-0.46)
-98
-864
1,020
1,053
-915
Malaysian palm oil futures fell to a near twomonth low yesterday, as poor demand for
palm oil shipments weighed down the market.
CPO/SOYOIL
The palm oil contract for July delivery on CPO FUTURES
FUTURES BASIS (USD)
Bursa Malaysia Derivatives fell 2.1% or RM55 INDICATIVE ROLL-OVER CURRENT
-61.18
MAY/JUN
-18
to RM2,538 per tonne at the close of trade, MAY/JUL
3 MONTHS AVERAGE
-70.91
-19
marking the fourth consecutive session of MAY/AUG
6 MONTHS AVERAGE
-83.36
-11
declines. It hit an intraday low of RM2,537 JUN/JUL
-1
per tonne, the lowest since March 9.
SGS & ITS EXPORT ESTIMATES (TONNES)
FEB’16
MAR’16
APR’16
Cargo surveyors Intertek Testing Ser- SHIPMENT DAYS
197/250
308/328
305/321
vices and Societe Generale de Surveillance 1 - 10TH DAYS
420/408
416/451
500/484
showed yesterday that palm oil shipments 1- 15TH DAYS
DAYS
582/595
718/713
724/738
for the full month of April declined between 11 -- 20TH
25TH DAYS
781/788
883/887
883/890
5% and 7% from March, as exports to major FULL MONTH
956/943
1,168/1,175 1,088/1,109
buyers Europe, China and India all fell.
MALAYSIAN PALM OIL BOARD
DEC’15
JAN’16
FEB’16
MAR’16
“Exports are still not good, and produc1,399
1,130
1,043
1,220
tion is still doing alright, we believe it (April PRODUCTION
1,483
1,279
1,085
1,334
production) is close to double digit growth,” EXPORT
STOCKS
2,631
2,308
2,169
1,885
said a palm oil trader. “May exports could be
MPOB Palm oil physical
better as [benchmark] prices drop or hover
(IN RM/TON)
MAY’2016
JUN’2016
JUL’2016
around current levels this month.”
DELD
2,540
2,560
2,565
April production in Malaysia, the world’s CPO
PK EX-MILL
2,230
2,240
2,250
second-largest palm grower, is seen rising CPKO DELD
4,729
4,745
4,721
in line with the seasonal trend from the 1.2 RBD P.OIL FOB
2,689
2,669
2,591
million tonnes produced in March.
RBD P.OLEIN FOB
2,708
2,700
2,610
2,453
2,433
2,433
This would contribute to higher inven- RBD P.STEARIN FOB
tory levels, likely pushing down benchmark MPOB FFB REF PRICE (MILL GATE PRICE)
REGION
GRADE A
GRADE B
GRADE C
prices of the tropical oil
OER (RM/TON)
OER(RM/TON)
OER (RM/TON)
Palm oil may break a support at RM2,546 NORTH
20.00% 558
19.00% 534
18.00% 509
per tonne and fall more into a range of RM2,505 SOUTH
20.00% 569
19.00% 544
18.00% 519
20.00% 567
19.00% 542
18.00% 517
to RM2,530, according to technical analysis by CENTRAL
Wang Tao, a Reuters market analyst for com- EAST COAST 20.00% 560 19.00% 535 18.00% 510
SABAH
22.00% 544
21.00% 522
20.00% 499
modities and energy technicals. — Reuters
SARAWAK
22.00% 554
21.00% 529
20.00% 506
20.00
Apr 10, 2007
700
May 3, 2016
Oil drops as higher output
stokes concern over supply glut
Oil fell yesterday as rising output from the
Middle East renewed concerns about global
oversupply while economic data painted a
negative backdrop for the outlook for demand.
Brent crude futures were trading 31 US
cents lower at US$45.43 a barrel, retreating
from earlier gains. US crude futures were
down 46 US cents at US$44.32 a barrel.
Iraq said its oil shipments from southern fields averaged 3.364 million barrels per
day (bpd) in April, up from 3.286 million in
March. Production from top exporter Saudi
Arabia was 10.15 million bpd in April, but
sources said that it could soon return to a
near-record level of 10.5 million bpd.
Iran is also raising output after its emergence from Western sanctions in January and
has increased exports to almost two million
bpd from a little more than one million bpd
at the start of the year.— Reuters
Centrifuged Latex
Aug 31, 2008
Commodities
AGRICULTURE
UNIT
EXCHANGE
RM/TON
SEN/KG
USC/BSH
USC/BSH
USC/BSH
USC/IBS
US$/TON
USC/IBS
USC/IBS
USC/IBS
MDEX
MRB
CBOT
CBOT
CBOT
CME
NYBOT
NYBOT
NYBOT
NYC
2,538
570.50
391.00
1,045.25
478.75
113.73
3,212
120.50
16.43
64.50
-55
-4.00
0.75
9.75
1.75
1.30
-5
0.85
-0.10
0.13
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
17,300
2.27
1,295.60
1,079.10
618.10
17.51
12,755
15,345
50
-0.017
-0.20
-7.30
-7.65
-0.17
150
160
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
CRUDE PALM OIL
RUBBER
CORN
SOYBEANS
WHEAT
LIVE CATTLE
COCOA
COFFEE
SUGAR
COTTON
METAL & PRECIOUS METALS
TIN
COPPER
GOLD
PLATINUM
PALLADIUM
SILVER
ALUMINIUM
ZINC
ENERGY
44.32
-0.46
1.3526 -0.0122
2.237
0.019
45.52
-0.31
398.75 -11.50
Sen/Kg
1100
1700
900
1325
506.00
950
(-0.50)
500
570.50
(-4.00)
575
300
Jan 7, 2007
LAST PRICE CHANGE
Rubber - M’sia SMR 20
Sen/Kg
700
May 3, 2016
200
May 3, 2016
Jan 7, 2007
May 3, 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 [[email protected]; SUGUMARAN [[email protected]]
1,651.44
21.28
5,618.64
1.55
2,811.20
27.32
16,147.38
518.67
20,676.94
Greatness is the road leading towards the unknown.
— Charles de Gaulle
STOCK
Index point
KL Composite Index
KLCI futures
8:45 9:30
10:30
11:30
12:45
1,651.44
1,642.00
(-21.28)
(-20.50)
14:30
15:30
16:30 17:15
Daily FBM KLCI
Moving average - 20-day
KL Composite Index
1950.0
SGB-PA
HSI-C20
HUBLINE-WB
ASB
XDL
SANICHI
KBUNAI
M3TECH
DESTINI
KBUNAI-WC
PUC
MYCRON
NETX
CAP
BPURI
LUSTER
VOLUME
('000)
CHANGE
(%)
CHANGE
(RM)
CLOSE
(RM)
HIGH
(RM)
LOW
(RM)
51,384
28,721
21,610
19,887
19,123
14,117
9,030
8,526
7,626
7,108
5,958
5,930
5,688
5,555
5,260
5,218
0.00
-23.46
0.00
12.50
-10.00
-10.00
0.00
15.15
3.45
33.33
-7.14
11.25
0.00
8.33
1.23
0.00
0.000
-0.095
0.000
0.015
-0.005
-0.005
0.000
0.025
0.020
0.005
-0.005
0.045
0.000
0.005
0.005
0.000
0.060
0.310
0.005
0.135
0.045
0.045
0.050
0.190
0.600
0.020
0.065
0.445
0.040
0.065
0.410
0.065
0.065
0.415
0.005
0.150
0.050
0.050
0.050
0.190
0.630
0.020
0.070
0.450
0.045
0.065
0.450
0.065
0.055
0.305
0.005
0.130
0.040
0.045
0.045
0.170
0.585
0.015
0.060
0.410
0.040
0.055
0.400
0.065
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.
1,651.44
(-21.28)
1667.5
FBM KLCI declines 1.27%
ahead of 1MDB’s May deadline
1,707.92
1385.0
1102.5
820.0
Jan 2, 2008
May 3, 2016
900
600
300
0
Volume (’mil)
FBM KLCI futures
CONTRACT
SETTLEMENT
CHANGE
HIGH
LOW
MAY 16
JUN 16
SEP 16
1,642.00
1,636.00
1,627.00
-20.50
-21.50
-19.50
1667.00
1660.00
1648.00
1,641.00
1,635.500
1,627.00
KLCI
POINTS
CHANGE
(RM)
CLOSE
(RM)
VOLUME
('000)
0.45
-0.53
-0.61
-0.73
-0.74
-0.75
-0.90
-0.94
-0.95
-0.96
-1.37
-1.55
-1.88
-2.05
-2.43
-2.62
-18.56
-2.72
-21.28
0.080
-0.040
-0.120
-0.050
-0.100
-0.060
-0.140
-0.260
-0.090
-0.540
-2.880
-0.250
-0.130
-0.150
-0.150
-0.280
4.230
6.670
6.000
5.600
8.350
5.540
18.560
13.200
7.610
23.380
43.000
8.590
4.540
6.400
8.780
14.080
2117.7
4616.5
681.8
3554.6
2814.3
3612.2
4028.6
1365.0
2867.4
1464.9
878.2
5033.9
14602.9
6826.1
7717.4
14988.0
FBM KLCI sensitivity*
WESTPORTS HOLDINGS
PETRONAS CHEMICAL
RHB CAPITAL
AXIATA GROUP
MISC
MAXIS
PUBLIC BANK
HONG LEONG BANK
SIME DARBY
K.LUMPUR KEPONG
BRITISH AMERICAN TOBACCO
GENTING
CIMB GROUP
IHH HEALTHCARE
MAYBANK
TENAGA NASIONAL BERHAD
SUB-TOTAL
OTHERS
GRAND TOTAL
* How stock price changes affected the index on the previous trading day
17,891.16
117.52
Market movers
Daily top 20 active stocks
UNUSUAL MARKET ACTIVITIES
FBM KLCI & KLCI futures intraday
1675.0
1671.7
1668.4
1665.1
1661.8
1658.5
1655.2
1651.9
1648.6
1645.3
1642.0
390.11
SONA-WA
VIVOCOM
SGB-PA
VIVOCOM-WB
SKPETRO
SGB
AAX-WA
AAX
HSI-C20
RSENA-WA
AIRASIA
HUBLINE-WB
MTOUCHE
KNM
ASB
XDL
VIVOCOM-WD
IFCAMSC
SGB-WA
VIVOCOM-WC
TURNOVER
(‘000)
CHANGE
(RM)
CHANGE
(%)
PRICE
(RM)
PE
RATIO
DIVIDEND
YIELD (%)
76,747.3
72,045.0
51,383.8
41,838.7
39,916.3
37,843.8
30,333.4
29,607.6
28,721.1
23,267.1
22,577.9
21,609.6
20,527.3
20,042.7
19,886.6
19,122.8
18,183.6
17,979.5
16,475.7
15,455.3
UNCH
0.015
UNCH
0.010
-0.010
-0.245
UNCH
-0.010
-0.095
UNCH
0.010
UNCH
0.005
-0.010
0.015
-0.005
0.010
-0.045
-0.045
0.010
UNCH
4.62
UNCH
6.90
-0.61
-27.22
UNCH
-2.94
-23.46
UNCH
0.53
UNCH
3.33
-2.11
12.50
-10.00
4.44
-7.09
-25.71
4.44
0.005
0.340
0.060
0.155
1.640
0.655
0.200
0.330
0.310
0.085
1.910
0.005
0.155
0.465
0.135
0.045
0.235
0.590
0.130
0.235
—
77.38
—
—
—
—
—
—
—
—
9.80
—
—
15.99
—
26.32
—
15.99
—
—
0.00
0.00
0.00
0.00
1.22
0.00
0.00
0.00
0.00
0.00
2.11
0.00
0.00
0.00
2.08
0.00
0.00
1.57
0.00
0.00
Top gainers and losers (ranked by RM)
UP
CLOSE
CHANGE
(RM)
HLFG
SCC
HSI-H41
BURSA
AHEALTH
LAYHONG
KERJAYA-WA
KLUANG
HSI-HY
BIPORT
SKPETROC21
EFORCE
15.100
2.240
0.640
8.560
3.980
9.200
1.080
3.300
1.320
6.900
0.150
1.270
0.160
0.150
0.150
0.150
0.140
0.140
0.115
0.110
0.100
0.100
0.100
0.090
BAT-CE
TRC-WB
UMWOG-CY
MALAKOF-CG
VIS-WA
KBUNAI-WC
HSI-H41
VOIR-WA
ZECON-WA
FBMKLCI-H37
0.010
0.020
0.010
0.010
0.025
0.020
0.640
0.240
0.100
0.080
100.00
100.00
100.00
100.00
66.67
33.33
30.61
26.32
25.00
23.08
DOWN
BAT
UTDPLT
KLK
BKAWAN
LAFMSIA
SCIENTX
TENAGA
HLBANK
GENTING
TAANN
SGB
SHANG
CLOSE
CHANGE
(RM)
43.000
26.000
23.380
17.600
8.360
12.220
14.080
13.200
8.590
4.540
0.655
5.460
-2.880
-0.800
-0.540
-0.400
-0.400
-0.280
-0.280
-0.260
-0.250
-0.250
-0.245
-0.230
0.005
0.005
0.005
0.005
0.010
0.005
0.040
0.015
0.055
0.010
-50.00
-50.00
-50.00
-50.00
-50.00
-50.00
-46.67
-40.00
-38.89
-33.33
KUALA LUMPUR:The FBM KLCI declined 21.28 points or
1.27% to 1,651.44 yesterday, in line with weakened investor
sentiment, as the deadline for troubled strategic investment
fund 1Malaysia Development Bhd (1MDB)’s semi-annual
interest payment approaches.
Inter-Pacific Securities Sdn Bhd head of research Pong
Teng Siew said the decline in the benchmark index could be
due to the upcoming May 11 deadline for 1MDB’s semi-annual interest payment, due to its US$1.75 billion bond issued Top gainers and losers (ranked by percentage)
by 1MDB Energy Ltd.
UP
CHANGE
DOWN
CHANGE
“Investors are worried about 1MDB’s upcoming interest
CLOSE
(%)
CLOSE
(%)
payment due May 11, worried on whether there will be another
FBMKLCI-C3
0.030
200.00
FOCUS-WB
0.005
-66.67
default. This could be the drag factor on the local market, as re0.150 200.00
KOSSAN-CK
0.010 -60.00
gional markets are mostly mixed. It’s uncharacteristic for Malaysia SKPETROC21
BAT-CE
0.010 100.00
DRBHCOMC18
0.005 -50.00
to register the biggest drop among Asian markets, as we tend to TRC-WB
0.020 100.00
CMSB-CM
0.005 -50.00
be more defensive compared to other markets,” said Pong.
UMWOG-CY
0.010 100.00
POS-CU
0.005 -50.00
Markets in the region were mixed, as Hong Kong’s Hang MALAKOF-CG
0.010 100.00
MSPORTS-WA
0.005 -50.00
0.025
66.67
GTRONIC-CG
0.010 -50.00
Seng fell 1.85%, while South Korea’s Kospi rose 0.42%. Japan VIS-WA
0.020
33.33
ECOWLD-CB
0.005 -50.00
markets are closed from yesterday until tomorrow for the KBUNAI-WC
HSI-H41
0.640
30.61
GDEX-CB
0.040 -46.67
Golden Week holidays.
VOIR-WA
0.240
26.32
IDMENSN-WA
0.015 -40.00
According to Reuters, Asian stocks erased earlier gains and ZECON-WA
0.100
25.00
HARTA-CQ
0.055 -38.89
the Japanese yen rallied to a fresh 18-month high yesterday, FBMKLCI-H37
0.080
23.08
DGB-WA
0.010 -33.33
as investors grew doubtful about global central banks’ ability
Top gainers and losers - warrants (ranked by percentage)
to boost growth through aggressive policy easing.
MSCI’s broadest index of Asia-Pacific shares outside Japan
UP
CHANGE
DOWN
CHANGE
was flat after being up as much as 0.4% on the day, and is now
CLOSE
(%)
CLOSE
(%)
trading at a three-week low. — by Ahmad Naqib Idris
FBMKLCI-C3
0.030 200.00
FOCUS-WB
0.005 -66.67
SKPETROC21
0.150 200.00
KOSSAN-CK
0.010 -60.00
World equity indices
DOW JONES
S&P 500
NASDAQ 100
FTSE 100
AUSTRALIA
CHINA
HONG KONG
INDIA
I want an edge!
CLOSE
CHANGE
17,891.16
2,081.43
4,381.30
6,241.89
5,353.84
2,992.64
20,676.94
25,229.70
117.52
16.13
40.01
-80.51
110.87
54.32
-390.11
-207.27
INDONESIA
JAPAN
KOREA
PHILIPPINES
SINGAPORE
TAIWAN
THAILAND
VIETNAM
CLOSE
CHANGE
4,812.26
16,147.38
1,986.41
7,046.57
2,811.20
8,294.12
1,397.87
598.37
3.95
-518.67
8.26
-7.31
-27.32
-83.78
-6.74
6.70
Fax: (03) 7721 8282
DRBHCOMC18
CMSB-CM
POS-CU
MSPORTS-WA
GTRONIC-CG
ECOWLD-CB
GDEX-CB
IDMENSN-WA
HARTA-CQ
DGB-WA
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