United States

Analyst Research Report Snapshot


Morning News 16 July 2013




Affin Hwang Investment Bank Bhd


15 Jul 2013





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Today’s Highlights Strategy – KLCI (OVERWEIGHT, maintain) - Outlook 2H2013 – A pause rather than a trend reversal Company Update – Kossan (BUY, maintain) - In the pink of health Flash Note – RHB Capital (REDUCE, maintain) - Vacuum at RHB Capital Economy – Economic Outlook 2H2013 - Domestic demand to support Malaysia’s economic growth Debt Market Research – Daily Update - Softer on the longer-end as trading volume declines Outside Malaysia US stocks rise as Citigroup overshadows retail sales Consumers hold back as US retail sales moderate Manufacturing in New York area expands more than forecast EFSF cut to AA+ by Fitch in wake of France’s loss of top rating China growth slows to 7.5% as 2013 target under threat India inflation quickens to three-month high as rupee fans costs India’s central bank raises two interest rates to support rupee Crude rises for second day as manufacturing expands

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