Analyst Research Report Snapshot

Title:

Morning News 23 May 2013

Price:

$69.00

Provider:

Affin Investment Bank

Date:

23 May 2013

Pages:

7

Type:

AcrobatPDF

Companies referenced:

AXIA.KL AEOM.KL AIRA.KL JTIA.KL KLKK.KL KPJH.KL LMCE.KL STAR.KL WCTE.KL

Available for Immediate Download
Summary:

Today’s Highlights Results Note – Axiata (REDUCE, maintain) - Slight disappointment Results Note – KL Kepong (REDUCE, maintain) - Below expectations on lower ASPs Results Note – Lafarge (M) Cement (REDUCE, maintain) - Higher demand offset by lower ASP Results Note – Air Asia (BUY, maintain) - Flying high despite competition Results Note – AEON Co. (REDUCE, maintain) - Valuations remains highly demanding Results Note – KPJ Healthcare (ADD, maintain) - Hit by wider losses from Indonesia operation Other Results Notes – WCT, Jaya Tiasa & Star Economy – CPI - Headline inflation rate rose to +1.7% yoy in April Debt Market Research – Daily Update - Shorter-end of non-benchmarks were preferred in the strong MGS segment Outside Malaysia US stocks fall on concern Fed will scale back stimulus Sales of existing US homes climb to 2009 high Bernanke says premature tightening would endanger recovery UK retail sales unexpectedly fall -1.3% on food UK budget deficit widens as IMF prepares to give verdict Japan exports miss estimates after yen slides to 4-year low Singapore economy unexpectedly expanded on services growth Crude drops after biggest slide in three weeks

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