Tuesday, March 22, 2016

Morning News - 22 March 2016 - GTRONICS

Today’s Highlights
    Company Update – Globetronics (BUY, maintain) - Ripe for a re-rating



Quick Bites
    Malakoff: Tanjung Bin Energy plant achieves commercial operation
    Benalec: Selling land for RM4.2m gain; Potential earnings lift



Outside Malaysia  
    US stocks close little changed at 2016 high amid 5-week rally
    Previously owned US home sales decline more than forecast
    Fed's Lacker confident inflation poised to rebound to 2% target
    Lockhart says economy supports Fed rate hike as soon as April
    ECB says Germany could boost euro area growth by borrowing more
    BOE says 700,000 households may be in `danger zone' on mortgages
    India’s 4Q15 current account gap more than estimated
    Crude oil rises amid speculation global crude glut to decline

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