Wednesday, May 4, 2016

Morning News - 4 May 2016 - INARI / HARTA / ECONOMY - MANUFACTURING PMI

Today’s Highlights
    Company Update – Inari Amertron (BUY, maintain) - Resetting expectations
    Results Note  – Hartalega (HOLD, maintain) - Eroding premium
    Economy – Manufacturing PMI - Malaysia’s manufacturing PMI fell to 47.1 in April



Quick Bites
    FGV: RSPO-P&C certificates from 58 POM withdrawn



Outside Malaysia            
    US stocks fall to three-week low as growth worries resurface
    Two Fed officials signal markets may be wrong to doubt June hike
    EU cuts euro area inflation forecast, warns nations on debt
    IMF sees rising debt challenge as Asia stays global outperformer
    Australia's central bank cuts rates to record low
    Australia injects a double dose of economic stimulus
    China's Caixin PMI slips in April as pockets of weakness remain
    WTI settles below US$44 before US stockpile report

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