Wednesday, June 24, 2015

Morning News - 24 June 2015 - GAMUDA

Today’s Highlights
    Results Note – Gamuda (BUY, maintain) - Earnings decline likely for FY15E



Quick Bites
    Tenaga: Plans to issue RM10bn Islamic bond
    Alam Maritim: Alam secures RM22m Chevron contract



Outside Malaysia
    US stocks gain as investors assess rate timing, Greece talks
    Momentum in US housing spurs economy as factories struggle
    Orders for US capital goods rise as investment stabilizes
    Euro economy picks up as business index reaches four-year high
    Greece inches closer to a deal
    Chinese factory gauge suggests stabilization after easing
     Singapore headline inflation edges up to -0.4% yoy in May
     Crude oil futures rise as supplies seen falling for eighth week

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