Friday, April 24, 2015

Morning News - 24 April 2015 - WCT / PREIT / ECONOMY - ASEAN OUTLOOK


Today’s Highlights
    Company Update – WCT Holdings  (BUY, maintain) - Potential share price drivers
    Results Note – Pavilion REIT (HOLD, maintain) - Higher rental revenue sustained by retail mall
    Economy – ASEAN Outlook – Weekly Wrap (17 – 23 April 2015) - Strong Singapore’s March NODX unlikely to be sustained



Outside Malaysia
    Nasdaq Composite tops closing record amid earnings
    Sales of US new homes fell in March from seven-year high
    Claims hovering near 15-year low signal US payroll rebound
    Euro-region output growth slows as economy awaits QE effect
    German economy starts quarter weaker as orders slow
    China manufacturing gauge drops to lowest level in 12 months
    Singapore's consumer prices continue to fall in March
    Oil heads for six-week gain as airstrikes shift focus from glut

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