Bursa ditutup bercampur-campur

KUALA LUMPUR 17 Feb - Harga saham di Bursa Malaysia ditutup bercampur-campur hari ini berikutan tekanan kecil jualan asing, kata para peniaga.

Mereka berkata indeks utama kekal positif yang dibantu oleh keuntungan kaunter kewangan terpilih seperti Maybank dan Kumpulan CIMB.

Sehingga jam 5 petang, FTSE Bursa Malaysia KLCI (FBM KLCI) meningkat 2.26 mata atau 0.15 peratus kepada 1,508.56 di dalam dagangan berhati-hati selepas dibuka meningkat 2.23 mata kepada 1,508.53.

"Pasaran sedang mengukuh sekitar paras 1,500 mata hari ini," kata seorang peniaga.

Ulasan Perdana Menteri Datuk Seri Najib Tun Razak bahawa pertumbuhan keluaran dalam negara kasar (KDNK) negara ini bagi 2010 kemungkinan melebihi 6.0 peratus telah membantu menaikkan sentimen manakala Wall Street membantu semasa pembukaan.

Indeks Kewangan meningkat 77.711 mata kepada 13,638.23, Indeks FBM Emas meningkat 11.55 kepada 10,437.17 dan Indeks FBM70 menokok 36.02 mata kepada 11,316.96.

Indeks Perladangan turun 68.14 mata kepada 7,863.90, Indeks Perusahaan turun 3.94 kepada 2,849.28 dan Indeks FBM merosot 67.20 mata kepada 4,486.87.

Kaunter rugi mengatasi kaunter untung sebanyak 536 kepada 292 manakala 282 tidak berubah, 276 tidak diniaga dan 26 digantung.

Jumlah dagangan turun kepada 1.738 bilion saham bernilai RM1.760 bilion daripada 1.878 bilion saham bernilai RM2.029 bilion pada Rabu.

Antara saham paling aktif, Ariantec Global Bhd dan SAAG Consolidated masing-masing tidak berubah pada harga 5.5 sen kepada 12.5 sen, Tanco turun 8.0 sen kepada 31.5 sen, Scomi Group menokok 1.0 sen kepada 37.5 sen.

Di kalangan saham berwajaran tinggi, Maybank meningkat 3.0 sen kepada RM8.50, Kumpulan CIMB meningkat 7.0 sen kepada RM8.17 dan Sime Darby turun 1.0 sen kepada RM9.27.

Di pasaran utama, jumlah dagangan turun kepada 1.287 bilion saham bernilai RM1.696 bilion daripada 1.506 bilion saham bernilai RM1.968 bilion pada Rabu.

Perolehan di Pasaran ACE meningkat kepada 314.656 juta unit bernilai RM32.852 juta daripada 215.63 juta unit bernilai RM26.940 sebelum ini. Waran meningkat kepada 115.410 juta saham bernilai RM26.966 juta daripada 106.471 juta saham bernilai RM25.146 juta semalam.- Bernama

TECHNICAL REVIEW -17 February 2011

The FBM KLCI gapped down by nearly 9 pts at the opening yesterday but also made an attempt to bounce back. After hours of struggling to move up, the index finally eked out a 0.97-pts gain and also closed slightly above the much talked about 1,505 pt-level.

From yesterday’s market action, we believe no one can tell for sure if it was a decisive return back above the 1,505 pt-level. Anyhow, whether the previous major recent-low of 1,505 has been convincingly violated or not is no longer much of concern to us. Our focus is now on the lower high which has been created at below the uptrend line. This is because having created a lower high, there is a possibility that the index may start creating a downtrend channel and eventually retrace to the next key low of 1,474 pts.

We maintain our Neutral view towards the near-term market. In the meantime, while it does look like the index might be creating a downtrend or a downtrend channel, it is still too early to confirm this statement.

From the current level, there is immediate support at the 1,500 pt-level, followed by the 1,474 ptlevel. Although the index closed slightly above the 1,505 pt-level, we still view this level as the immediate resistance. We would still want to see if the index can return back above the 1,505 pt-level on strong upward momentum while next resistance is seen at the 1,524-1,536-pt area.

MARKET REVIEW - 17 February 2011

Time for a comeback. The FBM KLCI recovered from an intraday low of 1495.43 points to close above the 1500-point psychological level. Although market breadth was still negative with 342 gainers against 493 losers, this ratio is improving. Other than the quarterly results by IOI Corp, Dialog and Amway, the news headlines are Sime Darby could face a USD200m lawsuit from Abu Dhabi-based Emirates International Energy Services, and Petronas is said to be among those picked by Venezuela for its longdelayed offshore natural gas project. The Dow jumped 62 points after Federal Reserve minutes show officials are more optimistic about the US economic outlook while the European bourses were also broadly higher. These overseas factors could help to lift the FBM KLCI today. The index is currently trading at its 1505-point resistance level.

TECHNICAL REVIEW - 16February 2011

It did really look like the index had decisively violated the key recent-low of 1,505 pts when it gave up another 9.5 pts last Friday following the 32.08-pt retracement the day before. Surprisingly, the index bounced back by slightly more than 10 pts on Monday, which basically recouped all the losses recorded last Friday.

Anyhow, the index ended the session at the 1,505 pt-level. The breakdown at this level previously caused us to shift our near-term view towards the market to neutral. This is because the breakdown at the 1,505 pt-level created a lower high at the same time. That said, the index was also trading at below the uptrend line then.

The surprise comeback on Monday may save the market from retracing towards the next strong support situated at the 1,474 pt-level. Meanwhile, we maintain our Neutral view towards the nearterm market. Having created a lower high, this is still a possibility that the index may start creating a downward channel and eventually retrace to the next key low of 1,474 pts.

From the current level, there is immediate support at the 1,500 pt-level, followed by the 1,474 ptlevel. To the upside, the 1,505 pt-level is the immediate resistance. We will see if the index can return back above the 1,505 pt-level on strong upward momentum while the next resistance is seen at the 1,524-1,536-pt area.

MARKET REVIEW -16 February 2011

Still choppy. The FBM KLCI rebounded by 10.81 pts on Monday in line with regional markets as China’s inflation rate came in below expectations. Today’s major news is Petronas announcing a significant oil and gas field discovery off the coast of Sarawak on Monday afternoon, which may spur follow-through buying on O&G stocks today. Meanwhile, speculation is rife that the Sarawak state elections may be held in April this year. With retail sales in the US coming in below expectations, the overnight drop in US markets may weigh on the KLCI again today. The short term outlook remains rather choppy.

TECHNICAL REVIEW - 14 February 2011

A further 9.5-pt drop in the FBM KLCI last Friday wrote off the market’s possibility of constructing a sideways trend at above the key recent-low of 1,505 pts. As we mentioned last week, the slightly more than 20-pt rebound off the 1,505 pt-level that occurred on the 26th of last month indicated an obvious attempt at bottoming out and the market action on 31 Jan 2011 again reaffirmed this rebound conviction. When the market finally failed to hold up the 1,505 pt-level, market sentiment deteriorated quickly and led to the FBM KLCI giving up another 9.5 pts.

Not only was the “non-classical Hammer” not confirmed, the FBM KLCI also violated the key recent low and created a lower high at the same time. Not to forget, the index has already violated the uptrend line which had supported the previous uptrend for more than 6 months. The technical landscape of the FBM KLCI is no doubt weakening.

As the FBM KLCI is no longer trading at above the uptrend line and has decisively violated the 1,505 pt-level, we are now Neutral on the index’s near-term outlook. After the violation of the key recent low, there is a possibility that the market will eventually retrace towards the 1,474 pt-level, or the next strong support. At the 1,474 pt-level, the bulls will have a great chance of retaliating.

As the market closed below the 1,500-pt psychological mark, immediate support now lies at the 1,474 pt-level. To the upside, there is immediate resistance at the 1,500-pt mark, followed by the 1,505 pt-level, and the 1,524-1,536-pt area.

MARKET REVIEW - 14 February 2011

Lower finish. The FBM KLCI was down 9.47 points to close at 1,494.52 pts. The corporate headlines include Telekom Malaysia Bhd to invest USD4m (RM12.2m) for its portion of the Batam-Dumai-Malacca cable system, and shares in IGB Corp Bhd and its subsidiary KrisAssets Holdings Bhd are suspended until 5pm today pending the announcement of a proposed material transaction. Finally, the US markets closed higher as investors cheered the resignation of Egyptian President Hosni Mubarak. However, crude oil price eased USD1.15 to close at USD85.58/barrel.

Bursa kekal stabil minggu depan

KUALA LUMPUR 13 Feb. - Bursa tempatan dijangka terus stabil minggu depan dengan FTSE Bursa Malaysia KLCI (FBM KLCI) bergerak dalam jajaran 1,480 dan 1,500.

Ketua Penyelidikan Runcit Affin Investment Bank Dr Nazri Khan berkata, ini sejajar dengan kelemahan sentimen serantau berikutan jangkaan langkah mengetatkan kredit dalam pasaran Asia susulan kenaikan kadar China.

Beliau berkata, terdapat petanda pengurus dana akan menggunakan alasan itu untuk mengambil keuntungan.

"Meskipun jangkaan kenaikan kadar faedah serantau dan aliran modal tidak menentu, kami percaya sebarang pembetulan adalah suatu yang sihat kerana adanya petunjuk positif untuk menyokong pasaran tempatan," katanya.

Tentang kebimbangan kebalikan aliran modal akan diletakkan di tempat yang salah, beliau berkata aliran keluar hanya mencerminkan perumpukan semula sementara portfolio berikutan kepantasan peningkatan inflasi di Asia berbanding AS dan Eropah.

Nazri menyenaraikan lima faktor yang akan menyokong pasaran. Dua daripadanya ialah prestasi kukuh ringgit dan kekukuhan harga minyak sawit mentah yang naik hampir ke paras tertinggi dalam tempoh tiga tahun.

Selain itu, katanya, krisis di Mesir masih faktor terpencil.

Faktor-faktor lain ialah penurunan harga minyak global dan pemulihan kukuh pasaran di AS dan Eropah bagi menyokong minat risiko yang tinggi. "Kami juga percaya hasil dividen pasaran tempatan sekarang pada 3.5 peratus masih kekal menarik kerana ia ketika ini melepasi paras serantau," katanya.

Keseluruhannya, kata Dr Nazri, sektor perladangan dijangka menjadi kaunter pilihan.

Bagi minggu yang berakhir ini, pasaran mencatatkan permulaan yang positif pada Isnin selepas cuti Tahun Baru Cina, diterajui kenaikan dalam kaunter berkaitan perladangan di tengah-tengah kekukuhan harga minyak sawit mentah.

Bagaimanapun, ia beralih negatif pada Rabu dengan penurunan dalam saham mewah apabila sentimen bertukar menjadi berhati-hati di tengah-tengah berita kenaikan terbaharu kadar China.

Pada Khamis, FBM KLCI susut 30.08 mata kepada 1,503.99, paras terendahnya sejak 21 Dis tahun lepas sejajar dengan penurunan pasaran serantau Asia lain.

Pada Jumaat, FBM KLCI turun di bawah paras psikologi 1,500 apabila sentimen kekal berhati-hati di tengah-tengah kelemahan pasaran serantau disebabkan ketegangan yang memuncak di Mesir.

Bagi asas mingguan, FBM KLCI turun 37.3 mata kepada 1,494.52 daripada 1,531.82.

Indeks Emas susut 217.51 kepada 10,352.81 daripada 10,570.32 dan Indeks FBM70 berkurangan 152.29 mata kepada 11,202.67 daripada 11,354.96, tetapi Indeks FBM Ace naik 91.87 mata kepada 4,506.16 daripada 4,414.29.

Indeks Kewangan susut 452.03 mata kepada 13,519.11 daripada 13,971.14, Indeks Perusahaan berkurangan 44.41 mata kepada 2,835.89 daripada 2,880.3 dan Indeks Perladangan turun 148.01 mata kepada 7,809.49 daripada 7,957.5.

Jumlah dagangan mingguan meningkat kepada 12.51 bilion saham bernilai RM13.55 bilion daripada 2.95 bilion saham bernilai RM3.78 bilion yang dicatatkan pada minggu sebelumnya.

Jumlah dagangan Pasaran Utama meningkat kepada 9.99 bilion saham bernilai RM13.08 bilion daripada 2.60 bilion saham bernilai RM3.72 bilion.

Jumlah dagangan di Pasaran ACE turun kepada 1.582 bilion saham bernilai RM235.71 juta daripada 151.33 juta saham bernilai RM19.11 juta..

Waran menokok kepada 845.51 juta unit bernilai RM213.92 juta daripada 185.85 juta unit bernilai RM44.90 juta. - Bernama