2013 KLCI Top Picks by Nomura Research

THE upcoming 13th general election may rejuvenate Malaysia's weak stock market and continue bucking the trend in the first half of 2013. 

Nomura International (Hong Kong) Ltd managing director and chief Asia equity strategist and global head of equity strategy Michael Kurtz said the long awaited 13th elections should be the key driver for Malaysian equities in the first half of 2013 overshadowing other challenging macro global factors. 

The global factors, including slower economic growth prospects in China and Europe, the Greece debt crisis and the US economic slowdown, could result in near-term volatility for the market. 

Stock Name	Ref Date	Ref Price	Price Diff	Last	Range	Open	Change	Volume	Note
DIGI	18/12/2012	5.04	+0.17	5.21	5.21 - 5.34	5.33	-0.15	8,129,300
TM	18/12/2012	5.85	+0.06	5.91	5.89 - 5.95	5.95	-0.04	5,883,900
AXIATA	18/12/2012	6.58	-0.01	6.57	6.57 - 6.70	6.68	-0.11	6,386,600
PBBANK	18/12/2012	16.00	+0.02	16.02	16.02 - 16.10	16.06	-0.02	709,400
MAYBANK	18/12/2012	9.04	0.00	9.04	9.02 - 9.10	9.05	-0.01	4,527,200
SIME	18/12/2012	9.13	+0.22	9.35	9.23 - 9.37	9.30	-0.01	5,742,800
AIRASIA	18/12/2012	2.61	-0.08	2.53	2.49 - 2.58	2.55	-0.02	22,970,300
WCT	18/12/2012	2.35	0.00	2.35	2.35 - 2.38	2.38	-0.03	1,234,400
SKPETRO	18/12/2012	2.97	+0.11	3.08	3.02 - 3.14	3.14	-0.06	3,676,800
CIMB	18/12/2012	7.60	+0.03	7.63	7.60 - 7.65	7.62	-0.05	4,329,700
GENM	18/12/2012	3.54	-0.06	3.48	3.48 - 3.56	3.55	-0.12	4,486,700
MEDIA	18/12/2012	2.23	+0.03	2.26	2.24 - 2.29	2.24	-0.01	421,600
MMCCORP	18/12/2012	2.65	-0.06	2.59	2.59 - 2.65	2.65	-0.06	600,300

Source: Nomura Research/ i3investor