Wednesday, June 10, 2015

Morning News - 9 June 2015 - GLOVES / PENB / FGV


Today’s Highlights
    Sector Update – Rubber Gloves (OVERWEIGHT, maintain) - Likely beneficiaries of pandemics
    Company Update – Petra Energy (HOLD, upgrade) - Anticipating a good payday in 2016
    Company  – Felda Global Ventures (BUY, upgrade) - Proposed acquisition of plantation land



Outside Malaysia
►    US stocks fall as investors weigh Greek talks, timing on rates
►    Consumer outlook for inflation rebounds, New York Fed says
►    Merkel demands action from Greece to cement euro membership
►    Industrial output rose in April as German economy gathered pace
►    Spain’s recovery could stall if reforms are reversed, IMF says
►    Japan’s economy grows faster than estimated on investment gains
►    China’s exports decline for a third month in drag on growth
►    Crude falls as surplus seen persisting amid potential Iran boost


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