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Analyst Research Report Snapshot


Morning News 15 July 2013




Affin Hwang Investment Bank Bhd


14 Jul 2013





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Today’s Highlights Company Update – Sunway Bhd (BUY, maintain) - Adjusting EPS and TP for 3-for-1 rights issue Flash Note – IJM Corp (BUY, maintain) - MWE proposed to raise stake in KEuro Flash Note – Sapura Kencana (BUY, maintain) - Securing US$40m contract for T-9 tender rig Economy – US Outlook - Weekly Wrap (8 – 12 July 2013) - US consumer sentiment slows in July Debt Market Research – Daily Update - MGS curve steepens further as volume increase due to reopening of MGS 3/23 Outside Malaysia S&P 500 extends record as bank rally offsets forecast Consumer Sentiment in US unexpectedly declined in July Wholesale prices in US increase more than forecast in June Spanish annual inflation rate stands at +2.2% in June France loses top credit rating as Fitch cites lack of growth India's industrial production falls -1.6% in May Singapore’s economy beats forecasts to grow most since 2011 Crude rises on speculation US supplies to drop

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