Analyst Research Report Snapshot


Morning News 4 July 2013




Affin Hwang Investment Bank Bhd


03 Jul 2013





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Today’s Highlights Company Update – Bumi Armada (ADD, maintain) - Hopeful for Kraken, Madura FPSO contract wins Debt Market Research – Daily Update - Interest on 3y with yield decreasing by 2.4bps to 3.20% Outside Malaysia US stocks rise as jobs reports offset Egypt, Portugal Jobless claims in US fall by 5,000 in week to June 29 Trade deficit in US jumped in May as imports near record Service industries unexpectedly grew at slower pace in June Euro-area services output contracts more than estimated in June China premier wants fiscal funds to stabilize economic growth Singapore June PMI rises to 2-year high of 51.7 Crude surged to 14-month high amid Egyptian unrest

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