Monday, July 23, 2007

Let's See

Malaysia shares tipped to in 1371-1388 range tomorrow after failing to breach all-time high 1391.57; KLCI ends down 0.83 points at 1381.53 in heavy volume on profit taking from intraday high 1389.20 despite healthy buying interest in blue chips, index-linked stocks. Market breadth positive, gainers led decliners 494 to 427. The surge in China stocks despite the imposition of higher interest rates helped to lift regional markets and spill over to our market. The ringgit's strength was an added catalyst for foreign funds," says dealer; USD/MYR at 3.4050 late vs 3.4140 Friday.

TOMYAM SHOPPING LIST



AYAM TALKS
  • Daily Charts Point To Stronger Ringgit - OSK
  • CS Keeps Underperform On DiGi; Targets MYR18.65
  • AirAsia/Virgin Eye Up To 40% Stake In FAX
  • Buy Frontken Based On Charts, 90 Sen Target -TA Sec
  • TRC Synergy Warrants Offer Substantial Upside-OSK
  • OSK Keeps Buy On Plenitude; Ups Target To MYR5
  • S&P Keeps Muhibbah At Hold, Ups Target To MYR10
  • MIMB Ups FTEC Tgt To 63 Sen; Keeps On Trading Buy
  • Khazanah May Sell Stake Or Merge TIME With Other Cos -Source

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