United States

Analyst Research Report Snapshot


Morning News 11 April 2013




Affin Hwang Investment Bank Bhd


10 Apr 2013





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Today’s Highlights Sector Update – Plantation (NEUTRAL, maintain) - Closing stocks dipped to 2.17m MT in March Sector Update – Rubber Gloves (OVERWEIGHT, maintain) - Fistful of opportunities Flash Note – UMW (REDUCE, maintain) - Naga 4 contract signed with Petronas for local waters Debt Market Research – Daily Update - Lower benchmark yields further flattens the MGS curve on high volume Outside Malaysia S&P 500 climbs to record on stimulus, earnings optimism Obama proposes US$3.8trn budget to revive debt talks US budget deficit narrows as spending drops 21% French industrial production rebounds on cars, aircraft Italy’s debt to rise to record in 2013 as recession lingers China exports miss forecasts as ‘absurd’ data probed Kuroda says BOJ has taken all possible monetary actions for now Crude rises on S&P gain as brent premium shrinks

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