Friday, October 30, 2015

Morning News - 30 October 2015 - TNB / PREIT / UNISEM / ECONOMY - ASEAN OUTLOOK

Today’s Highlights
    Results Note – Tenaga (HOLD, maintain) - Muted outlook
    Results Note  – Pavilion REIT (BUY, maintain) - Resilient and sustainable
    Results Note  – Unisem (SELL, maintain) - Lifted by the strong dollar
    Economy – ASEAN Outlook – Weekly Wrap - BOT to keep policy rate stable on uncertain export conditions



Outside Malaysia                                             
    Rally in US stocks stalls amid earnings, odds for higher rates
    Inventory correction masks resilient demand in US GDP report
    Jobless claims in US were little changed near four-decade low
    Pending sales of previously owned US homes unexpectedly fall
    Euro area confidence makes surprise leap to four-year high
    Germany's inflation rate rebounds after brief dip below zero
    Premier Li floats new China five year growth minimum of around 6.5%
    Oil steadies after refinery data spurs biggest gain in 8 weeks

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