► Results Note – Gamuda (BUY, maintain) - Better earnings visibility

Today’s Highlights

►    Results Note – Gamuda (BUY, maintain) - Better earnings visibility

►    Results Note  – HAI-O (SELL, maintain) - MLM division rises among weaker divisions

Quick bites            

►    Tenaga: ICPT rebate remained

Outside Malaysia            

►    US stocks rally as anxiety diminishes over UK Brexit impact

►    Fed’s Powell says Brexit shifts global risks further to downside

►    Consumer spending in US rose 0.4% in May, income growth cooled

►    Pending sales of existing homes in US Fall more than forecast

►    ECB’s Constancio says tools available to handle Brexit hit

►    Euro area economic confidence declined on eve of Brexit vote

►    Japan’s retail sales in May unchanged, showing weak recovery

►    Oil erases Brexit selloff as US crude supplies, dollar decline