Tuesday, July 17, 2007

Reeebound

Malaysia shares are expected to trade in 1370-1385 range tomorrow after ending down 0.3% at 1377.48 today in thin volume, off intraday high of 1385.05. Foreign funds sold into strength. Thinning rotational play on lower liners suggests the market may consolidate within this range for now. Market breadth negative today, with decliners beating gainers 528 to 358.


TOMYAM SHOPPING LIST



AYAM TALK:
  • Buy TamCorp On Dips For MYR1.20 Tgt - TA Sec
  • Aseam Keeps Buy On UMW; Targets MYR16.30
  • S&P Keeps Hiap Teck As Hold, Ups Target
  • OSK Keeps Buy Call On MAS; Targets MYR7.30
  • Sell AKN Tech On Rallies Based On Charts -TA Sec
  • OSK Cuts Taliworks To Neutral;Ups Tgt To MYR2.37
  • CS Stays Overweight On Construction Stocks
  • Citi Ups Genting's Target But Prefers Resorts

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