Share prices closed higher as select blue chips were
boosted by year-end portfolio adjustments UPDATE 28/12/2006
The Kuala Lumpur Composite Index (KLCI) closed up 5.63 points or 0.52 pct at 1,088.85, a tad off the day's high of 1,089.97.
Gainers outnumbered losers 621 to 223 , with 266 stocks unchanged and 211
counters untraded.
Trading volume was 836.32 mln shares valued at 960.72 mln rgt.
Among blue chips, Genting rose 1.00 rgt to 32.50, Digi.Com added 0.40 rgt to
15.80 and Tanjong gained 0.30 rgt to 14.50.
Plantation counters Kulim, IOI Corp and and PPB Oil all gained as investors
continued to show interest in the sector on expectations that crude palm oil
prices may go up in the near term due to shortages caused by the floods recently
in the prime plantation areas of Johor and Malacca.
PPB Oil advanced 0.20 rgt to 10.60, Kulim was up 0.15 rgt to 5.15, and Kwantas
Corp moved up 0.10 rgt to 4.50.
Proton Holdings added 0.15 rgt to 6.55 following reports that the Naza Group
will make a bid for a stake in the company.
The Edge Daily reported that the Naza Group will now make its case to a cabinet
committee in a week's time on its plans for Proton after DRB-Hicom Bhd formally
presented its bid recently.
Malaysia Smelting Corp (MSC) rose 0.05 rgt to 7.40 on expectations that its
earnings would get a boost after tin prices hit record levels.

For tomorrow...window dressing will push up toward 1100 points...

For CPO Market...correction must take place toward 1800 levels...



MMMM

Kuala Lumpur shares close off lows UPDATE 26/12/2006 -
- Share prices closed off their lows as
late-buying of selected blue chips helped the benchmark index recoup most of its morning losses.
The Kuala Lumpur Composite Index (KLCI) closed down 1.57 points or 0.15
pct at 1,078.15.
Losers outnumbered gainers 408 to 362, with 272 stocks unchanged and 278
counters untraded.
Trading volume was 437.74 mln shares valued at 475.79 mln rgt.
Blue chips Kuala Lumpur Kepong, Malaysian Oxygen and PPB Oil attracted
interest in late trade, helping the market's recovery, dealers said.
Kuala Lumpr Kepong closed up 0.50 rgt or 3.88 pct at 13.40, Malaysian
Oxygen added 0.30 rgt or 2.48 pct to 12.40 and PPB Oil increased 0.30 rgt or
3.06 pct to 10.10.
Other leading stocks, however, finished lower, with Tenaga, Telekom and
Maybank all shedding 0.10 rgt each to 11.20, 9.75 and 11.40 respectively.
Elsewhere, steel-related stocks were up on expectations that the
government will approve an increase in steel prices following an average 10
pct rise in cement prices, dealers said.
Choo Bee Steel Metal Industries rose 0.11 rgt or 6.04 pct to 1.93, Ann
Joo Resources gained 0.04 rgt or 2.88 pct to 1.43, Kinsteel was up 0.08 rgt
or 5.19 pct at 1.62 and Southern Steel added 0.05 rgt or 3.82 pct to 1.36.
Land & General closed sharply higher on speculation that construction
firm Bumi Hiway Bhd and businessman Chu Ma Yu are planning to buy substantial
stakes in the company.
The stock isurged 0.035 rgt or 13.73 pct to 0.29 rgt.

For tomorrow...window dressing will push up market toward 1100 points...

For CPO Market...correction must occur toward 1800 levels...

STOCK TO WATCH

7277 DIALOG CL 0.70 3158 YNHPROP CL 1.70 8869 PMETAL CL 0.50

0064 EFFICEN CL 0.35 7668 HAIO CL 1.50

Kuala Lumpur shares close flat - UPDATE 21/12/2006
- Share prices closed flat as many investors
moved to the sidelines ahead of Christmas holidays, dealers said.
The Kuala Lumpur Composite Index (KLCI) closed up 0.38 point at 1,076.68.
Losers outnumbered gainers 433 to 373, with 257 stocks unchanged and 257
counters untraded.
Trading volume was 747.04 mln shares valued at 1.18 bln rgt.
The government announced yesterday that it will waive a regulation
requiring foreigners to obtain approval from the foreign investment committee
for purchases of houses worth more than 250,000 rgt.
The local brokerage dealer said that the property sector could resume its
gains when the market opens again on Tuesday after the Christmas holiday on
Monday.
A further boost next week will come from last-minute window-dressing
activity by local fund managers as the year end approaches, dealers said.
Among blue chips,Genting dropped 0.50 rgt to 31.25, Malayan Banking fell
0.10 rgt to 11.60 and Tenaga Nasional was flat at 11.30.
In the property sector, SP Setia gained 0.42 rgt or 8.79 pct to 5.20 ,
Glomac rose 0.10 rgt or 9.09 pct to 1.20 and Mah Sing added 0.14 rgt or 4.32
pct to 3.38.
Telekom Malaysia was up 0.05 rgt at 9.80 on reports that it is in talks
with US telecommunications giant AT&T and Singapore's Starhub Ltd to build a
cable link between the US and South-East Asia.
Kencana Petroleum surged 0.19 rgt or 18.81 pct to 1.20 following a report
that Hong Leong Group's Quek Leng Chan may emerge as a substantial
shareholder.
Sime Darby and Sime UEP Properties Bhd were both suspended today. The
companies announced they will accept Synergy Drive Sdn Bhd's takeover offer.
The two stocks will resume trading tomorrow.

For tomorrow...market higher toward 1100 points...

For CPO Market...correction toward 1800 levels...

Kuala Lumpur shares close higher -
UPDATE 20/12/2006
- The Kuala Lumpur Composite Index (KLCI) closed up 15.94 points or 1.50
pct at 1,076.30.
Gainers outnumbered losers 721 to 138, with 223 stocks unchanged and 237
counters untraded.
Trading volume was 821.40 mln shares valued at 1.14 bln rgt.

Dealers said the benchmark index is likely to close the year between the
1,100 and 1,150 points level.
Among heavyweight blue chips, IOI Corp gained 0.50 rgt to 17.90, Tenaga
Nasional surged 0.50 rgt to 11.30, and Telekom Malaysia added 0.20 rgt to 9.
75.
Resorts World climbed 0.30 rgt to 14.50, Malayan Banking moved up 0.20
rgt to 11.70, and IJM Corp advanced 0.25 rgt to 7.25.
Teo Guan Lee Corp plunged 0.13 rgt or 18.57 pct to 0.57 after the stock
exchange announced yesterday that it will suspend trading of the company's
shares from Dec 28 until further notice.
ECM Libra Avenue rose 0.02 rgt to 0.69 following a report that it is
selling its entire 40 pct stake in Muamalat Avenue Sdn Bhd, formerly known as
Avenue Asset Management Services Sdn Bhd, to Bank Muamalat Malaysia Bhd for 4.
42 mln rgt.
Maxis Communications gained 0.30 rgt to 10.10 following reports that it
is bidding for a controlling stake in Indian mobile phone operator Hutchison
Essar Ltd.

For tomorrow...market may move higher to 1100 levels...

For CPO Market...down to 1800 levels...

Kuala Lumpur shares close sharply lower -UPDATE 19/12/2006
- Share prices closed sharply lower in a
knee-jerk reaction to new capital control measures announced by Thailand,
which triggered a massive sell-off on the Thai stock market.
The Kuala Lumpur Composite Index (KLCI) closed down 21.24 points or 1.96
pct at 1,060.36, after falling as much as 35.53 points in the afternoon
session.
Losers outnumbered gainers 783 to 132, with 215 stocks unchanged and 188
counters untraded.
Dealers said the capital control news could not have come at a worst time
with the market already in consolidation mode towards the end of the year.
They said tha the market is expected to drift lower tomorrow as foreign
funds selldown their investments further before making any new positions.
RAM Consultancy Services Sdn Bhd's chief economist Yeah Kim Leng said the
contagion effect over the capital controls is expected to be short lived and
sees today's knee-jerk reaction as a bit excessive.
"Investors concerns will be relieved once more is known about the details
of the capital controls. As for Malaysia, investors need not have to worry
that such measures will be imposed here as Malaysia is not threatened by
speculative money flows," Yeah added.
Among blue chips, Tenaga Nasional dropped 0.40 rgt to 10.80, Telekom
Malaysia eased 0.10 rgt to 9.55, and Malayan Banking shed 0.30 rgt to 11.50.
The New Straits Times Press Bhd (NSTP) and Utusan Melayu Bhd were lower,
failing to benefit from the news that a government minister is backing the
proposed merger of the two media giants. NSTP and Utusan fell 0.08 rgt to 2.
16 and 1.29 respectively.
MMC Corp fell 0.06 rgt to 3.78 on profit taking after gaining earlier on
news that the company will list its joint venture company with the Saudi
Binladin Group in Saudi Arabia sometime next year to finance the 30 bln usd
Jizan Economic City (JEC) project.
Rashid Hussain fell 0.01 rgt to 1.39 on profit taking after gaining
earlier on news that major shareholder, Utama Banking Group Bhd, said the
central bank has given the go-ahead for Utama to start negotiations with a
consortium of investors to be formed and led by Kuwait Finance House
(Malaysia) Bhd for the sale of Utama's stake in RHB.

For tomorrow...market continued to correction...

For CPO Market...correction toward 1800 levels...

Kuala Lumpur shares close lower -
UPDATE 18/12/2006
- Share prices closed broadly lower as
institutional activity began slowing down in the run-up to the Christmas and
New Year holidays, dealers said.
The Kuala Lumpur Composite Index (KLCI) closed down 7.72 points or 0.71
pct at 1,081.60. Losers outnumbered gainers 692 to 192, with 223 stocks unchanged and 211
counters untraded.
Trading volume was 879.65 mln shares valued at 1.64 bln rgt.
"Institutional funds are basically locking in their earlier gains before
they close their book for the year. At this time of the year, fund managers
are already in the holiday mood and are unlikely to make any strong position
until next year," a local brokerage dealer said.
Among blue chips, IOI Corp dropped 0.50 rgt to 18.10, Maxis
Communications eased 0.20 rgt to 10 and MISC fell 0.15 rgt to 8.60.
Padiberas Nasional fell 0.10 rgt to 1.93 after it said it is unaware of
any planned takeover offer by its major shareholder, Syed Mokhtar al-Bukhary.
Tanjong Plc was sharply higher by 0.40 rgt to 13.40 after announcing
strong third quarter results.
National carmaker Proton Holdings rose 0.05 rgt to 6.00 on news that
DRB-Hicom Bhd had proposed a merger of the company's marketing division and
that of Proton Holdings Bhd.

For tomorrow...correction for the moment...

For CPO Market...correction toward 1800 levels...

Kuala Lumpur shares close lower UPDATE 14/12/2006
- Share prices closed lower for the third
straight session as investors continued to lock in gains, with IOI Corp and
Genting leading today's falls, dealers said.
Dealers said the market has demonstrated good support at the 1,069 points
level and should stay steady from now on.
The Kuala Lumpur Composite Index (KLCI) closed down 4.13 points or 0.38
pct at 1,075.47.
Losers outnumbered gainers 416 to 391, with 299 stocks unchanged and 207
counters untraded.
Trading volume was 786.84 mln shares valued at 1.24 bln rgt.
"Going forward, we think institutional buying will slow down as part of
year-end window dressing until January -- we don't expect much window
dressing this year," said the analyst.
Among index heavyweights, Telekom Malaysia fell 0.05 rgt or 0.52 pct to 9.
60.
Tenaga lost 0.10 rgt or 0.90 pct to 11.00 as investors ignored news that
the national energy firm's debt level has come down to 54 pct from 58 pct
since August due mainly to the strengthening of the ringgit.
Maybank was steady at 11.50.
Palm oil group IOI Corp posted the biggest loss, falling 0.60 rgt or 3.16
pct to 18.40.
Gaming group Genting slid 0.50 rgt or 1.52 pct to 32.50 and unit Resorts
was down 0.30 rgt or 2.11 pct at 13.90. Dealers said profit-taking in these
two stocks was expected given their share prices had run up significantly
earlier this week after the group had won the license last Friday to build a
casino resort in Singapore.
Among gainers, the UEM group of companies were broadly higher after UEM
World said it has been awarded a government project worth 767 mln rgt to
complete an electric-powered double-track railway connecting Rawang and Ipoh
towns.
UEM World gained 0.03 rgt or 1.75 pct to 1.74 and unit UEM Builder rose 0.
03 rgt or 2.16 pct to 1.42.
Dealers said UEM Builder is expected to be the biggest beneficiary of the
deal given UEM World had said it plans to transfer all the rights under the
contract to UEM Builder upon execution of the contract.
Toll road operators were higher after the government approved road toll
hikes for five highways in the state of Selangor leading into Kuala Lumpur,
with Lingkaran Trans Kota Holdings Bhd (Litrak) rising 0.02 rgt or 0.68 pct
to 3.06 and Gamuda Bhd up 0.10 rgt or 16.13 pct at 4.78.
Padiberas Nasional Bhd (Bernas) was sharply higher on a report that
businessman Syed Mokhtar al-Bukhary is finalizing a privatization plan for
the company, which has a monopoly on the import and distribution of rice in
the country.
A New Straits Times report said Syed Mokhtar may offer 2.50 rgt per share
to buy out other shareholders. The stock rose 0.06 rgt or 3.08 pct to 2.01.

For tomorrow...market side way for further gain...

For CPO Market...correction toward 1800 levels...

STOCK TO WATCH

3794 LMCEMENT CL 1.20 3158 YNHPROP CL 1.70 2747 JAVA CL 1.30

Kuala Lumpur shares close lower on profit-takingUPDATE 13/12/2006
- Share prices closed lower as investors
continued to lock in profits, with construction stocks -- one of the biggest
gainers over the past few weeks -- leading the decline.
The Kuala Lumpur Composite Index (KLCI) closed down 8.82 points or 0.81
pct to 1,079.60.
The construction sector sub-index fell 3.41 points or 1.73 pct to 193.39.
Losers outnumbered gainers 594 to 257, with 246 stocks unchanged and 215
counters untraded.
Trading volume was 955.48 mln shares valued at 1.69 bln rgt.
"Despite the current downtrend, we believe the market will do much better
in January. In that sense, now is a good time to buy," he added.
He said the strengthening of the ringgit and continued merger and
acquisition news should keep the market's longer-term uptrend intact.
Genting had been receiving good support despite some intermittent
profit-taking, finishing the day up 0.50 rgt or 1.54 pct to 33 while unit
Resorts was down 0.30 rgt or 2.07 pct to 14.20.
Among the index heavyweights, Telekom Malaysia was flat at 9.65 rgt,
Tenaga was unchanged at 11.10 rgt and Maybank was steady at 11.50.
SP Setia was lower after saying its net profit for the fourth quarter to
October fell 9.61 pct year-on-year to 71.85 mln rgt after sales plunged
nearly 49 pct during the quarter. The stock lost 0.08 rgt or 1.79 pct to 4.40.
Government-linked ECM Libra Avenue fell 0.03 rgt or 4.35 pct to 0.66
after it reported a net loss of 15.09 mln rgt in the third quarter to
October, compared to a net profit of 9.13 mln.
Among gainers, KUB Malaysia was sharply higher after saying it has
offered to acquire a 32 pct stake in Kejuruteraan Samudra Timur for 1.30 rgt
per share. The stock rose 0.01 rgt or 2.17 pct to 0.47.
Electrical and electronics product assembler VS Industry finished the day
unchanged at 1.71 rgt as profit-taking wiped out earlier gains.
The company said its net profit for the first quarter improved to 16.12
mln rgt, from 11.90 mln a year earlier.
Toll road operator Litrak was higher on hopes that the company's earnings
will be boosted by the planned toll hike next month. Litrak gained 0.05 rgt
or 1.67 pct to 3.04.
Plus, which operates the North South Highway, was lower at 2.77 rgt, down
0.05 rgt or 1.77 pct.
Trading in PPB Group and PPB Oil Palm had been suspended amid speculation
that the group may merge with Singapore's Wilmar International Ltd. PPB was
last traded at 4.90 rgt and... PPB Oil Palms was at 8.95 rgt.

For tomorrow...any futher decline is a good buy signal...

For CPO Market...correction toward 1800 levels...

STOCK TO WATCH

7277 DIALOG CL 0.75 7498 RALCO CL 1.00 1079 CWORK CL 0.30

7002 NAKA CL 0.70

Kuala Lumpur shares close lower on profit-taking UPDATE 12/12/2006
Gaming group Genting and unit Resorts World, however, managed to buck the
trend and finish the day in positive territory. The two stocks posted sharp
gains yesterday after news that Genting won the license to build an
integrated casino resort in Singapore.
The Kuala Lumpur Composite Index (KLCI) closed down 13.28 points or 1.21
pct to 1,088.42.
The technology sector sub-index registered the biggest fall in percentage
terms, falling 0.88 point or 3.12 pct to 27.36.
The construction sector sub-index lost 5.47 points or 2.70 pct to 196.80,
followed by the financial sector sub-index, which fell 208.66 points or 2.38
pct to 8,544.48.
Losers outnumbered gainers 826 to 133, with 202 stocks unchanged and 152
counters untraded.
Trading volume was 1.23 bln shares valued at 1.94 bln rgt.
Among index heavyweights, Tenaga fell 0.30 rgt or 2.59 pct to 11.30,
Maybank lost 0.30 rgt or 2.54 pct to 11.50 while Telekom Malaysia added 0.10
rgt or 1.05 pct to 1.65 after saying its unit Multinet Pakistan has sealed
deals worth about 40 mln usd with Telenor Pakistan.
Genting and unit Resorts were both higher as investors remain positive
about the group's prospects after securing the Sentosa integrated casino
resort project, with Genting finishing the day up 0.50 rgt or 1.56 pct to 32.
50 and Resorts up 0.10 rgt or 0.69 pct to 14.50.
Nevertheless, Eon Capital Securities technical analyst Lee Cheng Hooi
said Genting looks "tricky" from a technical perspective, and he expects
Genting's share price to come down on profit-taking soon.
Measat Global was sharply lower on profit-taking after the successful
launch of the Measat-3 satellite this morning, falling 0.19 rgt or 6.48 pct
to 2.74.
Astro fell 0.10 rgt or 1.79 pct to 5.50, even though analysts expect the
pay TV operator to benefit from the launch of the Measat-3 satellite,
allowing it to add more new channels and reprice its packages.
Berjaya Capital was lower as profit-taking wiped out earlier gains,
falling 0.03 rgt or 2.07 pct to 1.42, off a high of 1.51 rgt.
The company yesterday said it plans to sell a 30 pct stake in unit
Berjaya General Insurance Bhd to Sompo Japan for 101 mln rgt.
National auto maker Proton was lower on profit-taking after recent gains
amid speculation that German carmaker Volkswagen has come close to sealing a
deal with Proton, dealers said.
The stock slid 0.45 rgt or 7.14 pct to 5.85.
Financial company Pacificmas was sharply lower as investors were upset by
the news that talks between the company and Great Eastern Holdings Ltd over a
proposed restructuring scheme involving a merger between the two companies
have been terminated.
Metroplex, a PN17 or financially-troubled company, was sharply lower,
after Bursa Malaysia decided to commence delisting procedures against the
company. The stock was down 0.015 rgt or 33.33 pct to 0.03.
Mobile phone operator Digi was higher as investors expect the company to
continue to return cash to shareholders given parent Telenor has to pare down
its shareholding to 49 pct before Dec 2007. Digi advanced 0.10 rgt or 0.68
pct to 14.70.
Rival Maxis also gained on improved earnings prospects, especially its
Indian operations, dealers said. The stock rose 0.20 rgt or 1.90 pct to 10.70.

For tomorrow...market to rebound after correction...

For CPO Market...correction toward 1800 levels...

STOCK TO WATCH

7165 APP CL 0.50 7002 NAKA CL 0.70

Kuala Lumpur shares close firmer UPDATE 11/12/2006
- Share prices closed firmer as gains in blue
chips Genting and unit Resorts World offset profit-taking in the broader
market, The Kuala Lumpur Composite Index (KLCI) closed up 3.11 points or 0.28 pct
at 1,101.70, off a high of 1,110.12.
The FTSE Bursa Malaysia 30-large cap index added 39.44 points or 0.56 pct
to 7,123.21 while the second board index was down 0.25 point or 0.27 pct at
92.80.
Losers outnumbered gainers 592 to 299, with 246 counters unchanged and
176 stocks untraded.
Trading volume was 1.08 bln shares valued at 2.04 bln rgt.
Genting closed up 2.75 rgt or 9.4 pct at 32.00, off an intraday high of
35.75 rgt, while its 57.7 pct-owned unit Resorts World surged 1.00 rgt or 7.
46 pct to 14.40.
JPMorgan said in a note that it prefers Resorts to Genting on improving
fundamentals and cheaper valuations. The investment house said Genting's
prospects in the longer term remain good but the share price may suffer some
volatility as it has risen significantly over the past few weeks.
Call warrants linked to the Genting group were also sharply higher as
retail investors wanted to ride on the positive news via cheaper instruments,
with Genting-CA advancing 0.175 rgt or 17.95 pct to 1.15 and Resorts-CA
climbing 0.17 rgt or 17.17 pct to 1.16.
Govindan said the local bourse is expected to see some mild corrections
this week after recent strong rallies.
Among other leading stocks, Maybank lost 0.10 rgt or 0.84 pct to 11.80
and state-owned shipping firm MISC fell 0.20 rgt or 2.17 pct to 9.00, while
national energy firm Tenaga added 0.10 rgt or 0.87 pct to 11.60 and Telekom
Malaysia rose 0.05 rgt or 0.53 pct to 9.55.
Proton gained 0.10 rgt or 1.61 pct to 6.30 after a report that Germany's
Volkswagen may sign a preliminary agreement to enable it to embark on a due
diligence audit of Proton as part of efforts to strike a partnership.
The report said that Volkswagen is believed to be willing to commit as
much as 2 bln rgt to acquire a 51 pct stake in Proton's manufacturing
operations.
Number forecast operator Berjaya Sports Toto finished the day unchanged
at 4.74 rgt after recouping earlier losses. The company reported on Fridat
that lts second quarter to October net profit fell nearly 25 pct year-on-year
to 71.38 mln rgt.
Select call warrants of key blue chips continued to rise on speculative
interest, with Maxis-CA climbing 0.13 rgt or 6.44 pct to 2.15, Proton-CA
gaining 0.115 rgt or 13.86 pct to 0.945 and Maxis-CB advancing 0.11 rgt or 9.
48 pct to 1.27.
Among losers, gaming and leisure group Tanjong declined 0.30 rgt or 2.10
pct to 14.00 rgt, glove maker Top Glove retreated 0.30 rgt or 2.17 pct to 13.
50 and palm oil producer IOI Corp was down 0.10 rgt or 0.53 pct at 18.80.

For tomorrow...market edge higher after today break...target 1200 points near term...

For CPO Market...lower toward 1800 levels...

STOCK TO WATCH

7104 JOTECH CL 1.00 0010 IRIS CL 0.20 0079 CWORK CL 0.35

7165 APP CL 0.50 8478 HWATAI CL 0.70

Kuala Lumpur shares close flat - UPDATE 7/12/2006
- Share prices closed flat in cautious trade
following weaker-than-expected October industrial output data, industrial output fell 0.8 pct
year-on-year in October, after rising 3.6 pct in September, due to a drop in
manufacturing and mining sector output.
The Kuala Lumpur Composite Index closed down 0.09 point at 1,098.26.

Losers outnumbered gainers 677 to 235, with 248 stocks unchanged and 157
counters untraded.
Volume was at 1.22 bln shares valued at 1.96 bln rgt.
Malaysia's export fortunes depend to a large extent on demand from the US.
Imran, however, said the industrial output numbers are expected to
rebound back to positive growth in November, adding that October numbers were
partly affected by less working days.
Dealers said many stocks saw profit-taking pressure following recent
gains.

Among blue chips, Telekom Malaysia fell 0.25 rgt to 9.65, Malayan Banking
was flat at 11.80, and Genting dropped 0.50 rgt to 29.25.
The New Straits Times Press Bhd (NSTP) and Utusan Melayu (Malaysia) Bhd
were both sharply higher on renewed hopes the merger between the two
companies would still go through.
Utusan Melayu surged 0.37 rgt or 25.17 pct to 1.84 and NSTP added 0.27
rgt or 10.93 pct to 2.74.
MEMS Technology advanced 0.015 rgt to 0.585 after the company said it has
been negotiating to supply micro-electro-mechanical system silicon
microphones and sensors to two overseas parties.
Packaging, industrial, food and household products group Texchem
Resources ended flat at 1.60 rgt after gaining earlier on a report that the
company aims to list two units and that it has set a sales target of 1 bln
usd in four years.
KUB Malaysia rose 0.01 rgt after the company announced that it has
secured another contract from Telekom Malaysia worth 19 mln rgt.

For tomorrow...market contenuied to edge higher after profit taking...

For CPO Market...correction toward 1800 levels...

STOCK TO WATCH

8478 HWATAI CL 0.65 0010 IRIS CL 0.25 0042 MOBIF CL 0.55

Kuala Lumpur shares close higher - UPDATE 5/12/2006
- Share prices closed higher on strong buying
interest in selected blue chips, with Wall Street's overnight gains and
advances in many regional markets providing encouragement.
The Kuala Lumpur Composite Index closed up 11.52 points 1,088.96.
The FTSE Bursa Malaysia 30-large cap index gained 90.61 points to 7,000.
62 while the second board index added 0.89 of a point to 93.76.
The biggest sectoral gainer was construction, which rose 3.14 points or 1.
59 pct to 200.84, followed by the trading sector with a gain of 1.86 points
or 1.25 pct to 150.31.
Gainers outnumbered losers 616 to 276, with 273 stocks unchanged and 157
counters untraded.
Volume was 1.69 bln shares valued at 2.04 bln rgt.
The dealer cautioned, however, that even though the undertone of the
market remains intact, investors could get burnt if they invest too heavily
in lower liners as their gains are based on speculation and not on
fundamentals.
Dealers said buying momentum is expected to remain steady in the next few
days with intermittent profit-taking in blue chips.
Among blue chips, BAT Malaysia rose 0.50 rgt to 42.50, Nestle gained 0.30
rgt to 24.60, and Bursa Malaysia advanced 0.25 rgt to 8.00.
Telekom Malaysia climbed 0.35 rgt to 9.75 after rejecting reports that it
plans to acquire a stake in Timedotcom Bhd from Time Engineering Bhd.
TRC Synergy slid 0.04 rgt to 1.42 on profit-taking after gaining earlier
on news that its unit's joint venture has been awarded an airport runway
project worth about 200 mln rgt.
Sumatec Resources rose 0.04 rgt to 0.88 after it announced that its unit
has been awarded a 109.12 mln rgt turnkey contract to build a 200,000-metric
ton biodiesel plant by Himpunan Sari Sdn Bhd.
The New Straits Times Press (NSTP) and Utusan Melayu were sharply lower
on speculation that a merger proposal may not push ahead. NSTP plunged 0.40
rgt or 13.61 pct to 2.54 while Utusan slipped 0.27 rgt or 14.75 pct to 1.56.

For tomorrow...bull run continued to 1100 points before a break...

For CPO Market...correction to 1800 levels...

STOCK TO WATCH

0010 IRIS CL 0.23 0042 MOBIF CL 0.55 7175 POLYTWR CL 0.60

9636 KOSMO CL 0.70 7225 PA CL 1.20 0127 JHM CL 0.60

3158 YNHPROP CL 1.60 4995 VERSATL CL 0.30

Kuala Lumpur shares close lower - UPDATE 4/12/2006
- Share prices closed lower as
weaker-than-expected October trade data sparked concerns over Malaysia's
export prospects, dealers said.
The government announced that exports fell 3.4 pct year-on-year in
October, after rising 11.4 pct in the preceding month.
The Kuala Lumpur Composite Index (KLCI) closed down 2.67 points or 0.25
pct at 1,077.44, off a low of 1,076.53.
The FTSE Bursa Malaysia 30-large cap index lost 31.17 points to 1,080.11
while the second board index gained 0.48 of a point to 92.87.
Gainers outnumbered losers 470 to 429, with 270 stocks unchanged and 154
counters untraded.
Trading volume was heavy at 1.465 bln shares valued at 1.735 bln rgt.
"The lower than expected Oct trade figures suggest that US economic
growth is slowing down. Coupled with the softer US economic data during the
weekend, it is difficult for investors to be optimistic," said Pong Teng
Siew, head of research at EON Capital Securities.
Dealers said profit taking has been fairly well absorbed on relatively
strong buying support from local funds, which remain bullish on the market
outlook for the short to medium term.
Among blue chips, BAT Malaysia plunged 2.00 rgt to 42.00, Tenaga
Nasional shed 0.10 rgt to 10.80, and Genting eased 0.50 rgt to 29.00.
Iris Corp surged 0.055 rgt or 19.30 pct to 0.34 after the company said it
has filed lawsuits against the US government and Japan Air Lines for patent
infringement.
Telekom Malaysia fell 0.20 rgt to 9.40 on speculation that the
Khazanah-controlled company may acquire a substantial stake in Timedotcom Bhd
from debt-ridden Time Engineering Bhd. Timedotcom eased 0.095 rgt or 10.67
pct to 0.795.
Digi.com surged 0.90 rgt or 6.43 pct to 14.90 after the foreign
investment committee (FIC) approved its application for an extension to the
end of Dec 2007 to comply with the FIC's shareholding requirements.

For tomorrow...market continue to edge higher toward 1100 points...

For CPO Market...correction toward 1800 levels...

STOCK TO WATCH

0010 IRIS CL 0.23 0042 MOBIF CL 0.53 7277 DAILOG CL 0.70

5698 MASTELL CL 0.85

Kuala Lumpur shares close flat ahead of weekend- UPDATE 1/12/2006
- Investors also kept a cautious stance ahead of the weekend and the
release of October exports data on Monday, they added.
The Kuala Lumpur Composite Index (KLCI) was down 0.55 of a point or 0.05
pct at 1,080.11, off an intraday low of 1,074.88.
Gainers outnumbered losers 527 to 362, with 276 stocks unchanged and 151
counters untraded.
Trading volume was heavy at 1.6 bln shares valued at 1.99 bln rgt.
Dealers said next week's trade will start off with Malaysia's October
trade figures possibly affecting sentiment. Economists are expecting growth
in exports to slow as demand from the US is likely to have softened.
However, the general market undertone remains optimistic, they said.
Deutsche Bank in a note to clients said it has raised its target for KLCI
to 1,110 points from 1,075.
Telekom Malaysia finished the day up 0.05 rgt or 0.52 pct at 9.60 rgt.
There were rumors in the market that this Khazanah-controlled company may
seek to acquire another Khazanah-linked telco Timedotcom at 1.20 rgt per
share, dealers said.
Khazanah controls some 44 pct stake in Timedotcom via Time Engineering.
Timedotcom closed sharply higher at 0.89 rgt, up 0.085 rgt or 10.56 pct.
Parent Time Engineering gained 0.05 rgt or 7.69 pct to 0.70.
Energy firm Tenaga fell 0.10 rgt or 0.91 pct to 10.90 while Maybank was
steady at 11.60 rgt.
Gaming group Genting rose 0.25 rgt or 0.85 pct to 10.90.
Six out of seven analysts polled by XFN-Asia said the Malaysian
conglomerate stands a high chance to secure Singapore's second integrated
casino resorts on the Sentosa Island.
Malaysia Airports gained despite a weaker-than-expected third quarter
results on higher staff costs. The stock was up 0.01 rgt at 2.11.
Credit Suisse in a note to clients said it is keeping its "underweight"
call on Airports as it does not expect the airport operator's request to
impose a security surcharge will be granted by the government in the near
future. Also, the brokerage said it does not expect a restructuring, under
which Malaysia Airports may be taken private, to take place soon.
Budget airline AirAsia was lower after it said its net profit in the
first quarter to September fell nearly 35 pct to 6 mln rgt despite revenue
grew 29 pct. The stock fell 0.05 rgt or 3.27 pct to 1.48.
Chris Oh, an analyst at JP Morgan in a note to clients said he is keeping
his "underweight" call and target price of 1 rgt for the stock unchanged
given the airline's uninspiring bottom-line growth.
Banking group Rashid Hussain Bhd, the holding company of RHB Capital,
which runs RHB Bank, added 0.06 rgt or 4.14 pct to 1.51 after Kuwait Finance
House (Malaysia) confirmed its interest in taking up a stake in the bank.
RHB Capital rose 0.04 rgt or 1.11 pct to 3.64.
Media Prima fell 0.10 rgt or 3.73 pct to 2.58 on profit-taking after unit
New Straits Times Press (NSTP) sought a trading suspension saying a material
corporate announcement is expected next week.
Utusan Melayu, a United Malays National Organization (UMNO)-linked
company, which publishes Malay newspapers, has also requested a trading
suspension. Speculation was rife that the two media companies may merge and
create the largest print media group in the country.
NSTP was traded at 2.94 rgt and Utusan Melayu at 1.83 rgt before they
were suspended this morning.
Speculative stock KBES continued to lose ground after it was queried by
Bursa Malaysia over the unusual trading activities involving its shares. The
stock lost 0.065 rgt or 8.18 pct to 0.73.

For next week...as profit taking is very light...market is continueing to higer 1100 points...

For CPO Market...correction continued to 1800 levels...

SOCK TO WATCH

0010 IRIS CL 0.20 0042 MOBIF CL 0.52 7277 DIALOG CL 0.70

0079 CWORK CL 0.30 3859 MPHB CL 1.00 9636 KOSMO CL 1.00

0086 YGL CL 1.00 0135 SCN CL 1.20 3549 OPUS CL 1.20