United States

Analyst Research Report Snapshot


Morning News 19 March 2013




Affin Hwang Investment Bank Bhd


18 Mar 2013





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Today’s Highlights Company Update – Bonia (BUY, maintain) - Short-term pain for the long-term gain Results Note – Berjaya Sports Toto (ADD, maintain) - Pedestrian earnings, no interim dividends Flash Note – WCT (BUY, maintain) - LA for commercial office building contract Debt Market Research – Daily Update - MGS curve flattened as buying seen in the longer end benchmarks Outside Malaysia US stocks drop as Cyprus bank levy renews euro concern Homebuilder confidence in US unexpectedly fell in March EU keeps €5.8bn revenue goal for Cyprus bank tax Euro-area exports rebounded in January led by Germany, Italy China home prices up in most cities, posing policy challenge South Korean producer prices match biggest decline since 2009 Singapore's exports plunge by 30.6% year-on-year in February WTI rises to one-month high on flexibility over Cyprus

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