Welcome to Bursa Malaysia/KLSE Research Summary

Welcome to Bursa Malaysia/KLSE Research Summary

Wednesday, November 19, 2014

Kenanga: 19 Nov 2014

IDEAS OF THE DAY
l  Sector Update: Media
l  Results Note: BENALEC, CIMB, DIALOG, HARTA, LAFMSIA, MBMR, MRCB, SEG, SUNWAY, SURIA, TSH
l  Company Update: MATRIX, MUHIBAH
l  Quick Bites: TM
l  On Our Technical Watch: CANONE, GTRONIC
NEWS HIGHLIGHTS
l  MBSB eyes second structured covered sukuk
l  Maybank eyes RM1.0b remittances
l  Time dotCom buys land
l  FGV unit set to ride on rising biodiesel demand
l  Kronologi Asia seals underwriting agreement with Bank Islam for IPO
FOREIGN NEWS HIGHLIGHTS
l  Blackstone in USD2.3b deal to sell tower to Ivanhoe
l  KKR, CD&R prepare joint bid for PetSmart
 
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS) 
Malaysia
l  Malaysia's October Vehicles Sales Slip To 54,187 Units On-Year
l  Zeti: 3pc Surplus ‘Good Sign’
Asia
l  Japan PM To Seek Fresh Mandate For 'Abenomics' With Snap Poll
l  Japan's Aso Signals Tax Hike Delay, Says Must Not Happen Again
l  China Home Price Fall Deepens Despite Policy Support
l  China's FDI Slows Again In October, Services Sector In Favour
l  Bank Indonesia Raises Key Interest Rate As Fuel Prices Increase
USA
l  U.S. Producer Inflation Up, But Underlying Trend Muted
l  U.S. Has Record Inflow Of Portfolio Investments In September
l  Homebuilder Confidence Rebounds As U.S. Buyers More Enthusiastic
Europe
l  German Investor Confidence Rebounds As Recession Averted
l  UK Inflation Rate Rises To 1.3% In October
Currencies
l  Dollar Recovers Against Yen On Abe’s Election Plans
Commodities
l  Brent Slips Below $79 As Rhetoric Heats Up Before OPEC Meeting
l  Gold Rises, Briefly Breaks $1,200/Oz As Dollar Drops

No comments:

Post a Comment