United States

Analyst Research Report Snapshot


Morning News 17 April 2013




Affin Hwang Investment Bank Bhd


16 Apr 2013





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Today’s Highlights Company Update – Genting M’sia (ADD, maintain) - Business as usual for now Flash Note – Gamuda (BUY, maintain) - Arbitration award against MMCEG- Gamuda JV Flash Note – WCT (BUY, maintain) - LA for RM169m TRX job Debt Market Research – Daily Update - Lower MGS volume with interest remained in the mid-tenured govvies Outside Malaysia US stocks advance on earnings as housing starts jump Housing starts in US surge on multifamily unit demand Consumer prices in US fell in March on cheaper gasoline IMF cuts global growth outlook as Europe demand urged UK inflation stays at 2.8%, extending run above BOE goal German investor confidence dropped more than forecast in April South Korea unveils fiscal package to support growth RBA repeats rate-cut scope as past reductions spur demand Brent crude oil falls below US$100 a barrel

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