KLCIT E C H N I C A L

REPORT

www.capitalvia.com.sg

July 31st, 2014

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Malaysian stocks opened on a mixed

note at 1884.08 and turned slightly

lower at midday today in active

trading, with interest seen in selected

heavyweights and penny stocks.

Market has lead by PPB, GENM,

KLCC, AXIATA and DIGI, rest share

prices has taken up correction by

maintaining an uptrend. Prices might

open in between 1879-1880.

RSI stood below the centre line at

48.675 with its CCI at -16.260.

Difference line of MACD performed at

-1.218 below its signal line which

performed at 0.110.

Market Review for KLCI

Market forecast for KLCI

Technical indicators

FBMKLCI Day Performance

Open 1884.08

High 1886.39

Low 1877.51

Close 1878.34

Change(Points) 1.00

% Change 0.05%

Volume 2117.5M

Rise 461

Fall 408

Unch 1401

KLCI LEVELS

Support 1 1869

Support 2 1860

Support 3 1845

Resistance 1 1888

Resistance 2 1898

Resistance 3 1913

Top Gainers

Scrip Name CMP %change

PPB 15 2.74

GENM 4.35 1.64

KLCC 6.45 1.26

AXIATA 6.94 0.73

DIGI 5.73 0.7

Top Looser

Scrip

NameCMP %change

FGV 4.1 -1.68

TM 6.3 -1.1

MAXIS 6.67 -0.89

IHH 4.71 -0.84

PETDAG 18.94 -0.53

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ECONOMIC FACTORS:

The Malaysian Automotive Association had on July 23 revised upwards its total industry volume (TIV)

forecast for this year to 680,000 units from the earlier target of 670,000 units.

Bina Puri Holdings Bhd, confident of its future growth, says it is bullish to end the current financial on a firm

note despite sentiment being impacted by the delay in handing over the Kuala Lumpur International Airport

2 (klia2) project.

Malaysian banks given new threats to earnings growth, despite interest rates hike.