Bullish & Bearish Volume

13-June-2008 : Market Preview

Off Market Transactions On KLSE (12 June 2008)

Off Market Transactions On Bursa Malaysia KLSE (12 June 2008)

Stock	Dir-Vol	Dir-Val	Av-Price
MUIIND-LB	2,160,000	475,200	0.22
MUIIND-LA	1,390,000	319,700	0.23
COCOLND	1,371,600	864,108	0.63
ECOFIRS	1,000,000	145,000	0.145
MBMR	700,000	1,946,000	2.78
HUPSENG	600,000	780,000	1.3
RAMUNIA	500,000	745,000	1.49
DRBHCOM	300,000	318,000	1.06
EONCAP	286,000	1,372,800	4.8
SHCHAN	250,000	127,500	0.51
ILB	250,000	206,250	0.825
KINSTEL	250,000	406,000	1.624
PICORP	200,000	141,000	0.705
MAEMODE	180,000	261,000	1.45
PA	130,000	111,800	0.86
RBLAND	60,000	120,000	2
KNM	56,900	386,920	6.8
AIRASIA	50,000	46,500	0.93
YNHPROP	50,000	110,500	2.21
RESORTS	50,000	155,000	3.1
LCTH	40,000	10,600	0.265
ASTRO	30,000	114,600	3.82
SCGM	20,000	10,400	0.52
GENTING	20,000	119,600	5.98
AXIS	10,000	17,200	1.72

12-June-2008: Inflation fears send regional stocks tumbling

Inflationary fears sent share prices tumbling across the region on June 12. With prices for energy and food near record levels, inflation concerns will continue to weigh on investors' minds in the near to medium term. As such, appetite for equities will likely remain soft.

Investors are spooked that rising inflationary pressures are forcing central banks to raise interest rates, which could further throttle the already flagging economies. The Reserve Bank of India hiked interest rate for the first time in 15 months this week, hot on the heels of credit tightening measures by the Chinese government. Inflation in China is running at 12-year highs.

The US Federal Reserve has also hinted that its recent string of rate cuts, to bolster the economy, is near the end. Some market observers are now betting that the Fed might even be raising interest rates before the end of the year.

Inflation and interest rate worries are definitely muddying the already cloudy outlook for global growth. The closely monitored Dow Jones Industrial Average has fallen back to its March-lows, which was the peak of the country's credit crisis. Bellwether indices in key regional markets ended sharply lower on June 12.

The KL Composite Index opened in negative territory and stayed there throughout the trading day. Market breadth was also in the red. On a positive note, market volume was thin suggesting that whilst investors are staying on the sidelines they are not rushing for the exit, at least not yet.

The benchmark index closed some four points lower at 1,225.5. Among the bigger losers were Nestle, Lafarge Malayan Cement, YTL Cement, Guinness Anchor, RHB Capital and Hong Leong Bank. At the close, the number of losing counters outweighed gaining ones by a ratio of about eight to five. Some 431 million shares were traded. Transmile was the day's most actively traded stock. The shares surged 14% to RM1.53.

12-June-2008 : HWANG-DBS Market Preview

11-June-2008: Wed Market drifts sideways

Sentiment on local bourse remained somewhat ambivalent on June 11. There was certainly no catalyst for investors to re-enter the market. Indeed, uncertainties abound, about both the global and domestic economy. Outlook for the stock market in the near to medium term is still clouded at this point.

Although the KL Composite Index opened on a firmer footing and managed to stay in positive territory for much of the day, market breadth reflected a much weaker sentiment. Sellers certainly appear to have held the upper hand. Temptation to bargain hunt for stocks took a back seat to caution.

The benchmark index moved within a narrow trading range in the absence of fresh leads. There was no major price volatility, either up or down although intensified selling towards the close pushed the KLCI into the red. The index ended the day about two points lower at 1,229.3.

Business on the local bourse was slow. Market volume stood at only 443 million shares, not much changed from that of the preceding two trading days. IOI Corp was the most actively traded counter for the day. The plantation company lost 10 sen to RM7. Blue chips such as Tenaga Nasional, Resorts World, Telekom Malaysia, Genting, AirAsia and Sime Darby dominated the actives list. This appears to suggest a lack of participation from local retail investors.

At the close, losing stocks outnumbered gaining ones by a ratio of roughly six to five. Parkson was among the biggest losers for the day. The stock fell 30 sen to RM5.25. Other notable losers include Tanjong plc, AEON, Genting, RHB Capital, Berjaya Land and DiGi.

At the other end, Lion Diversified was one of the top gainers. The shares added 28 sen to RM1.49. Other big gainers were BAT, Lafarge Malayan Cement, Kumpulan Perangsang Selangor, Sarawak Energy and F&N.

11-June-2008 : HWANG-DBS Market Preview

11-June-2008 : Malaysian shares on 10-06-2008 close flat as regional markets fall on oil, credit woes

UPDATE KUALA LUMPUR (Thomson Financial) - Malaysian shares closed little changed on Tuesday after profit-taking erased early gains, with initial bargain-hunting interest balanced out by sharp declines in other regional markets due to concerns over rising energy costs and continuing fallout from the U.S. credit crisis. The Shanghai Composite led the regional rout with a 7.73 percent loss at the close, after the People's Bank of China said over the weekend that it is raising the reserve requirement on bank deposits by a full percentage point this month. The Kuala Lumpur Composite Index (KLCI) edged down 0.02 of a point to close at 1,230.96, off a high of 1,239.06. The FTSE Bursa Malaysia 30-large cap index dipped 6.37 points or 0.1 percent to 7,962.76, while the FTSE Bursa Malaysia second board index dropped 17.13 points or 0.3 percent to 5,659.21. Decliners led advancers 396 to 227, with 253 stocks unchanged and 534 untraded. Trading volume was low at 454 million shares, valued at 1.2 billion ringgit "Local market sentiment is still being affected by the fuel price hike,'' said Phua Kwee Hock, an analyst at SJ Securities, referring to the recent government decision to raise fuel prices by 41 percent for petrol and 60 percent for diesel. "The market will continue to move in a tight range due to continuing concerns on inflation.'' Phua said he expects the market to trade between 1,224 and 1240 points tomorrow. Looking ahead, HLG Research said the local market will trade sideways with a downside bias. "In our view, present market conditions are the worst for stock-picking in 10 years,'' the research house said. "We think fuel price-induced price inflation is a major threat to domestic consumer spending and price-and-cost-rigid segments of the Malaysian economy, such as government-linked companies,'' it said, referring to the government's recent decision to raise the price of fuel. Blue chips and big caps led the declines. Food and beverage giant Nestle Malaysia lost 1.7 percent to finish at 29.50 ringgit while insurer LPI Capital dropped 2.5 percent to 11.70 ringgit. Government-linked construction company UEM Builders added 1.6 percent to 1.29 ringgit after announcing it had received government approval to raise the cost of the Second Penang Bridge to over 4.3 billion ringgit ($1.3 billion). The new price tag represents a 19 percent increase from an earlier estimate of 3.6 billion ringgit. Among plantation majors, Sime Darby slipped 0.6 percent to 9.10 ringgit while IOI Corp was flat at 7.10 ringgit. Among index heavyweights, Tenaga was up 1.8 percent at 8.40 ringgit, Telekom Malaysia shed 0.6 percent to 3.18 ringgit and Maybank, the largest bank in Malaysia by assets, was unchanged at 7.35 ringgit. The ringgit closed at 3.2655/2685, while the three-month interbank rates were at 3.66/67, and overnight rates stood at 3.49/50.

Dr Mahathir Mohamad: Snippets

Dr Mahathir Mohamad: Snippets

10-June-2008 : Pelikan International with TP at RM 4.00 By HWANG-DBS

Strangely enought, the shares keep falling but big funds is buying in!?

10-June-2008 : Today's Market Preview

Click to read the report.

10-June-2008 : Big players bought into plantation king - PPB

If they are buying ! this is a good entry. RM 10.50 is a good entry price.

10-June-2008 : 09-June-2008 (Tue) Investors turning more cautious

Shares on Bursa traded sharply lower at the start of the new week, tracking Wall Street and regional losses. Sentiment was negative right from the word get-go and showed no sign of recovery as the day progressed.

The closely monitored Dow Jones Industrial Average lost almost 400 points last Friday. This triggered a selldown in most regional stock markets yesterday. Investor confidence was buffeted by the sharp hike in the US's May unemployment figure, to a three-year high, as well as the renewed surge in crude oil prices.

Crude oil futures traded on the New York Mercantile Exchange saw its brief price retreat reverse sharply late last week -– and surge to fresh all-time high of US$139 (RM451.75) per barrel. The surge sparked concerns that the widely anticipated US economic recovery in 2H08 may not materialise. Worse, there are growing fears that the recession will turn into a stagflation -– a period of high inflation with no economic growth.

On the home front, last week's 40% hike in local petrol prices are already triggering price increases across the broader economy –- putting a dent on consumer spending and raising the cost of doing business.

The KL Composite Index opened sharply lower and remained in the red all day. Market breadth was overwhelmingly negative. Indeed, the outlook for equities appears to be taking a turn for the worse.

At the close, losers outnumbered gainers by a ratio of nearly five to two. Market volume was thin at only about 408 million shares. The KLCI ended the day almost 18 points lower at 1,231.

Tenaga Nasional was the biggest loser. The stock gave back almost all of its gains from last Friday, closing 75 sen lower at RM8.25. It was also the most heavily traded stock for the day. Other actively traded stocks include Bumiputra-Commerce, Gamuda, IOI Corp and AirAsia.

09-June-2008 : HWANG-DBS Traders Spectrum

09-June-2008 : Well, the opportunity is comingto BUY PBBANK

Well, the opportunity to buy PBBANK is coming. Now the market is vary unstable, it will be smart to invest your money into the richest bank in Malaysia.

09-June-2008 : KLCI Recovery from Thursday's sell-down

KUALA LUMPUR: Stock prices on Bursa Malaysia traded higher on Friday, helped by an overnight rally on Wall Street, light bargain hunting and strong gains in Tenaga Nasional Bhd's shares.

The KLCI recovered much of Thursday's steep losses on the wake of the government's move to increase fuel prices. The market had plunged on Thursday as investors and the public reacted to hikes of 41% in petrol prices and 63% in diesel prices, plus increases in electricity tariffs, and windfall taxes for and plantation and IPPs companies.

However, much of Friday's KLCI gains were due to Tenaga, which has received a tariff hike of 18%-26% as part of the government's fuel subsidy reform. After a one-day suspension, the stock surged 23% to RM9 on heavy volume of 66 million shares, and was the day's most actively traded stock.

Advancing stocks led declining ones by a 2-to-1 ratio. Trading volume fell from 623 million to 577 million shares. Apart from Tenaga, other volume leaders include Resorts, TM, Gamuda Bumiputra Commerce and AMMB. Tenaga was the top gainer, followed by the likes of Kulim, DiGi and Asiatic. Losers include BAT, Berjaya Land and RHB Capital.

The recent fuel hike will have far reaching effects on consumers and businesses already grappling with higher inflation and food costs, and thinner margins. It will reduce disposable incomes, affect consumer spending and lead to higher inflationary pressures. Indications that fuel prices will be adjusted on a monthly basis will likely create more uncertainty and tighten spending.

Consumers can expect a broad range of price increases in the coming days, as businesses assess the impact of higher petrol and electricity costs. Thus, we expect market sentiment to stay cautious in the near term, as investors reassess corporate earnings prospects.