Analyst Research Report Snapshot

Title:

Morning News 20 March 2013

Price:

$58.00

Provider:

Affin Investment Bank

Date:

19 Mar 2013

Pages:

6

Type:

AcrobatPDF

Companies referenced:

UMWS.KL SWAY.KL

Available for Immediate Download
Summary:

Today’s Highlights Sector Update – Auto & autoparts (NEUTRAL, maintain) - A short working month leads to an 18% mom TIV drop Company Update – UMW (REDUCE, downgrade) - Time to take profit on this super performer Flash Note – Sunway Bhd (BUY, maintain) - Securing RM304m of KLCC North East Car Park contract Economy – ETP – 2012 Annual Report - Private investment exceeded targets for 2nd year straight Economy – Eurozone Outlook – Weekly Wrap (13 – 19 Mar 2013) - Germany’s economic sentiment highest in three years Debt Market Research – Daily Update - MGS segment was quiet with trade focused on MGS 3/23 at 3.484% Outside Malaysia US stocks fall on Europe concern as Cyprus rejects levy Gains in permits signal sustained US housing rebound UK inflation quickens to fastest in nine months Cyprus rejects deposit levy in blow to European bailout plan German investor confidence unexpectedly rises to 3-year high India rate cut eclipsed as Singh ally quits coalition South Korea to fuel property as China targets market slowdown Oil falls after Cyprus rejects bank deposit tax

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