► Initiate Coverage – Tiong Nam (BUY, initiation) - Total logistics champion

Today’s Highlights

►    Initiate Coverage – Tiong Nam (BUY, initiation) - Total logistics champion

Quick Bites

►    SIME: Sungai Johor ammonia pollution issue

Outside Malaysia            

►    US stocks little changed as S&P 500 halts 5-day winning streak

►    Consumer prices in US increased in June as fuel, rents climbed

►    Retail sales in US climb more than forecast in broad advance

►    Manufacturing in the US gains more than forecast in June

►    UK construction set for 2Q16 contraction after decline in May

►    China growth steadies on consumer, dimming stimulus expectations

►    China’s credit expansion revs up again in June as M1 surges

►    Oil extends gain as Turkish army officers say they seized power