Monday, May 14, 2007


KLCI ends +0.6% at 1359.59 in moderate volume, off intraday high 1364.05; market breadth turns negative in afternoon trade with decliners outpacing gainers 607 to 306 as profit taking picked up pace. Gains on Wall Street Friday, positive domestic newsflow with some solid quarterly earnings and speculation of more privatization deals were the main catalysts in today's gains. Some bargain hunting in blue chips kept the market buoyant. KLCI expected to trade at 1355-1365 range tomorrow.


  • Malaysia Wants Singapore To Invest In Indus Park Proj - Min
  • Tenco; Restructuring Plans Given Nod
  • IJM; AmResearch Ups Target To MYR10
  • OSK Keeps Faber As Trading Buy On Merger Talk Target MYR2.00
  • Hwang-DBS Ups Maybank To Buy, Tgt MYR14.50
  • Aseambankers Ups Transmile To Hold; Tgt MYR9.60
  • AIGB Up On Privatization Report;MYR3 Cap
  • CS Ups Evergreen Fibreboard Target to MYR2.65
  • Citi Starts Sime With Buy, MYR15.42 Target
  • UBS Starts MRCB At Buy, Target Of MYR3.80
  • UBS Starts E&O Property Development As Buy; MYR4.45 Target
  • UBS Starts Sunway City As Buy; MYR6.90 Target
  • S&P Cuts Megan Media To Strong Sell,26 Sen Target

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