Wednesday, July 18, 2007


Malaysia shares are expected to trade in 1369-1380 range tomorrow after ending down 0.6% at 1369.23 today in moderate volume. Market breadth negative with decliners outweighing gainers 602 to 298. Investors continued to sell into strength today, but what's more significant is that the KLCI managed to stay above the 30-day moving average which it has held since early March. Also, benign June inflation +1.4% on year vs. +1.5% expected, could stir some.


  • Malaysia Keen To Sell 43% Stake In Proton - Bernama
  • SapCrest Potential Breakout Target At MYR2.50-OSK
  • Buy Ramunia On Dips For Rebound To MYR1.50-TA Sec
  • OSK Keeps Buy Rating On MBC; Targets MYR4.48
  • S&P Keeps Kinsteel As Buy, Ups Target To MYR7.45
  • Ajiya Up; OSK Pegs Target At MYR2.19, Buy
  • Buy Carotech For Breakout To 90 Sen Target - TA Sec
  • TA Sec Ups Bursa To Hold, Target To MYR13
  • MIER Ups Malaysia '07 GDP Growth View To 5.7%

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