TA FUTURES SDN BHD (340271-W)

A member of the TA group

BMD FKLI FUTURES DAILY COMMENTARY 26
th
May, 2014 (Monday)
32nd Floor, Menara TA One, 22 Jalan P. Ramlee, 50250 Kuala Lumpur, Malaysia.
For comments and enquiries, please contact us at Tel: +603-2072-4832, Toll Free : 1-800-88-1506
Fax: +603-2072-5001,Website : www.tafutures. com.my



For Internal Circulation Only
Recirculation of this report or any part thereof to any third party/ies without the written consent of TA Futures is expressly prohibited. TA Futures does not warrant
the accuracy or the completeness of the information contained herein. Information is believed to be reliable and opinions stated here are subject to change. TA
Futures shall not be liable for any loss suffered by reliance placed on this commentary.
Premium
Price Change (+/-) Shares Change Lots Change
FBM KLCI Index 1878.39 1878.54 1866.34 1869.22 -5.90 1,570,154,500 -230,023,140
May'14 1875.00 1878.00 1867.00 1868.50 -5.50 -0.72 4,083 -1,174 26,542 -2,553
Jun'14 1875.50 1877.50 1867.50 1868.00 -6.00 -1.22 941 82 3,988 1,185
Sep'14 1871.00 1872.00 1862.50 1863.00 -6.50 -6.22 7 3 140 -2
Dec'14 1867.00 1867.00 1865.00 1863.00 -5.50 -6.22 2 2 25 1
Total 5,033 Total 30,695 -1,369
Settlement Volume *Open Interest
Month Open High Low

Up Down Unchg Total Vol PE Ratio Div Yield
10 14 6 30 121,740,000 16.59 3.26
FBM Kuala Lumpur Composite Index (Market Breath & Volume)
FBM Kuala Lumpur Composite Index Counters

Price (RM) Change (RM) Index points (+/-) Price (RM) Change (RM) Index points (+/-)
3.50 0.10 0.56 5.05 -0.14 -1.86
62.44 0.94 0.48 4.09 -0.10 -1.37
1.73 0.02 0.38 7.31 -0.07 -1.31
6.79 0.03 0.31 4.14 -0.12 -1.17
16.10 0.14 0.30 9.90 -0.05 -0.77
PCHEM
PEP
Leading Counters Lagging Counters
ASTRO
ROTH
YTL
MAY
Counters
CIMB
IHH
IOI
SAKP
Counters

Open High Low Close Chg (Pts) Chg (%) PE Ratio Div. Yield (%)
DOW JONES 16,544.49 16,613.07 16,544.49 16,606.27 63.19 0.38 14.86 2.19
NASDAQ 4,159.78 4,186.58 4,148.30 4,185.81 31.47 0.76 20.71 1.32
FTSE 6,820.56 6,825.53 6,793.47 6,815.75 -4.81 -0.07 14.06 4.08
NIKKEI 14,411.10 14,528.04 14,404.80 14,462.17 124.38 0.87 16.34 1.68
KOSPI (Korea) 2,016.21 2,020.96 2,016.02 2,019.78 2.61 0.13 15.89 1.09
HANG SENG 23,010.45 23,010.45 22,922.35 22,965.86 12.10 0.05 10.67 3.79
FSTE STI 3,266.31 3,279.53 3,266.22 3,278.02 12.36 0.38 14.50 3.23
Global Markets
Source : Bloomberg

News Bites
Malaysia's leading Index declined by 0.7%, after a 0.4% contraction previously, mainly due to the decrease in
number of housing units approved.
IOI Property Group Berhad's 9MFY14 normalised net profit of RM302.4mn came in below expectations,
making up only 51% and 55% of our and consensus full-year forecasts respectively.
Excluding non-core items, Felda Global Ventures Berhad's core net profit declined by 47.4% QoQ and 18.1%
YoY to RM103.7mn, attributable mainly to changes in Land Lease Agreement charges.
UMW Holdings Berhad's 1QFY14 reported net profit increased 7.2% YoY to RM235.5mn on the back of 6.7%
growth in revenue results. It was within expectations.
At least six toll roads offering construction jobs worth RM20bn are coming on stream in the next 18 months.
Eco World Development Group Bhd held a preview of three new development projects in the Klang Valley
and Iskandar Malaysia and its first business park in Iskandar with a total GDV of RM20.8bn.
YTL Power International Bhd has launched an arbitration action against Petroliam Nasional Bhd, claiming
some RM750mn in overpaid gas prices, sources say.
Affin Investment had fixed the issue price of the rights shares at RM2.76 per rights share at an entitlement
basis of three rights shares for every ten existing Affin shares.
Sales of new U.S. homes climbed 6.4% to a 433,000 annualized rate in April, the biggest in six months and
followed a 6.9% March decline, allaying concerns of an extended setback in the residential real-estate
market.


TA FUTURES SDN BHD (340271-W)
A member of the TA group








BMD FKLI FUTURES DAILY COMMENTARY 26
th
May, 2014 (Monday)
32nd Floor, Menara TA One, 22 Jalan P. Ramlee, 50250 Kuala Lumpur, Malaysia.
For comments and enquiries, please contact us at Tel: +603-2072-4832, Toll Free : 1-800-88-1506
Fax: +603-2072-5001,Website : www.tafutures. com.my



For Internal Circulation Only
Recirculation of this report or any part thereof to any third party/ies without the written consent of TA Futures is expressly prohibited. TA Futures does not warrant
the accuracy or the completeness of the information contained herein. Information is believed to be reliable and opinions stated here are subject to change. TA
Futures shall not be liable for any loss suffered by reliance placed on this commentary.
ROLLING SPOT MONTH FKLI FUTURES CONTRACT - DAILY CANDLESTICK CHART

24 3
March
10 17 24 31
April
7 14 21 28 5
May
12 19 26
0
5
MACD (6.35648)
50
Stochastic Oscillator (18.7500)
40
45
50
55
60
65
Relative Strength Index (53.9615)
1780
1785
1790
1795
1800
1805
1810
1815
1820
1825
1830
1835
1840
1845
1850
1855
1860
1865
1870
1875
1880
1885
1890
0.0%
23.6%
38.2%
50.0%
C
1
b
doji
2
fkli (1,875.00, 1,878.00, 1,867.00, 1,868.50, -5.50000), Parabolic SAR (1,856.13)

TECHNICAL VIEW
May FKLI contract continue open at 1,875; it traded high of the day at 1,878 and low of the day at 1,867. It closes at
near low 1,868.5, down 5.5 points with a traded volume of 5,033 lots. The market begins to slip below 1,877, and the
downtrend is almost certain. The candle has cross below the short term MA line, further downturn is expected and
cross all the MA lines. Oscillator indicators continue its down signal, especially stochastic which at the edge of the
oversold territory. The correction will continue until 1,859, if it did not surpass this support price may rebound.
Immediate resistance will be at 1,888.5 and the 2nd resistance at 1,894.5. Psychological support will settle at 1,860.5
and 1,849.5.

TRADING VIEW
SHORT-TERM : Negative downtrend towards 1,862.5 with stop-loss above 1,884.5.
LONG-TERM : Positive uptrend towards 1,904 with stop loss below 1,840.5.