Market Update
- We expect MMHE to be included in the FBM 100 at the 37th position by full market cap, and with an estimated index weight of around 0.31% based on the indicative institutional IPO price of RM3.80. As for Petronas Chemicals, the stock will likely qualify for inclusion into the FBM KLCI given its indicative size.
- After completion of both IPOs, Petronas-related stocks will have combined weightings of 8.77% and 7.49% on the FBM KLCI and FBM 100 respectively, vs. 5.51% and 4.45% currently.
RHB Equity 360° - 11 October 2010 (Market, AirAsia, WCT, BAT; Technical: KPJ, AirAsia)
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