KLCI +0.4% at year high of 1304.71 in moderately active trade, led by gains in property, technology, plantation stocks; may head up to test 1310 resistance. Although we do not discount bouts of profit-taking to emerge, the market looks poised to move up to test the all-time high of 1332 (1994's peak). Property stocks likely to continue to attract interest tomorrow on talk government to announce further measures to boost property sector.TOMYAM SHOPPING LIST
TODAY'S AYAM TALK:
- Citigroup Keeps Buy On UEM World, Tgt MYR5
- VW Reiterates Plans For Proton Talks, No Details On Timing
- S&P Ups Apollo Food To Buy; Keeps MYR3.80 Target
- CPO May Hit MYR2,200 On Indonesia Tax Hike Hint
- MIMB Has Strong Buy On NPC Based On Charts
- Hwa Tai +13.2%; Stake Buy Plan In China's Yantai
- Zelan +2% On Undemanding Valuation;Upside Tipped
- S&P Keeps Pulai At Strong Sell, 92 Sen Target
- Citi Keeps E&O Ppty As Buy, MYR3.30 Target
- CIMB Ups MRCB Target By 19% To MYR3.44; Buy
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