Analyst Research Report Snapshot


Morning News 11 July 2013




Affin Hwang Investment Bank Bhd


10 Jul 2013





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Today’s Highlights Sector Update – Plantation (NEUTRAL, maintain) - Stocks declined further but may rise again Flash Note – Tenaga (BUY, maintain) - TNB inks RM1bn contract for O&M of Shuaiba Flash Note – Benalec Hldgs (TR BUY, maintain) - Disposal of land in Melaka Debt Market Research – Daily Update - Steepening MGS curve, trades focused on the short-end Outside Malaysia US stocks little changed as investors weigh Fed minutes Bernanke sees very stimulative policy in foreseeable future Wholesale inventories unexpectedly drop as US sales surge Italy’s industrial output rises less than forecast in May French industrial output declines less than forecast BOJ may adjust policy on global changes, Japan’s Nishimura says China exports unexpectedly drop with imports in economy drag Thailand holds rate as baht retreat reduces pressure to ease Crude advances to 14-month high slimming Brent gap

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