Wednesday, July 27, 2016

► Results Note – British American Tobacco (SELL, maintain) - Still hazy outlook

Today’s Highlights
    Results Note  – British American Tobacco (SELL, maintain) - Still hazy outlook
    Results Note – Globetronics (HOLD, maintain) - Earnings remain weak

Quick Bites            
    WCT - JV wins RM1.29bn Pan-Borneo Highway package

Outside Malaysia            
    US stocks little changed on earnings as Fed meeting looms
    New home sales in US jump to highest level since February 2008
    Home prices in 20 US cities rose less than forecast in May
    Consumer confidence in US little changed near five-month high
    Weale says BOE stimulus more likely as slowdown signs mount
    Brazil central bank minutes push back rate cut bets
    New Philippine leader sets out growth focus in first big speech
     Oil falls to three-month low as US fuel supplies seen growing

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