Today’s Highlights
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Results Note
– Gas Malaysia (HOLD, maintain) - Broadly within expectations
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Results Note – Media
Prima (SELL, maintain) - Earnings still disappoint due to print
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Economy – IPI - IPI growth rose sharply by 5.3% yoy in June
Outside Malaysia
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S&P 500, Dow,
Nasdaq hit records together first time since 1999
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Jobless claims in US
little changed for second straight week
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Russian economy
shrinks less than forecast as crisis peters out
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PBOC yuan report
pledges bigger say for market, more global use
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BOK holds key rate at
record low as it assesses economy
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Singapore cuts top
end of 2016 GDP forecast on weak outlook
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Philippines holds
rate as BSP awaits new Duterte initiatives
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Oil rises to 3-week
high after Saudi comments on producer talks
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