Thursday, June 23, 2016

Morning News - 23 June 2016 - UOAD / HUATLAI


Today’s Highlights
    Company Update – UOA Development (BUY, maintain) - Dividend play
    Company Note  – Huat Lai Resources (Not Rated) - The Golden Egg



Outside Malaysia            
    US stocks slip with looming UK Brexit vote too close to call
    IMF cuts US growth forecast, urges ‘very gradual’ rate hikes
    Sales of existing US homes rise to highest since 2007
    US home prices increased 5.9% in April from year earlier
    ‘Out Is Out,’ EU’s Juncker tells UK voters on day before vote
    ECB reinstates Greek waiver after nation wins bailout payment
    Thailand keeps key rate unchanged as Brexit risks dominate
    Oil falls after US crude stockpiles shrink less than expected

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