Thursday, September 29, 2016

► Results Note – Gamuda (BUY, maintain) - Earnings rebound expected in FY17

Today’s Highlights
    Results Note – Gamuda (BUY, maintain) - Earnings rebound expected in FY17
    Results Note  – SapuraKencana (HOLD, maintain) - No change in guidance



Outside Malaysia            
    US stocks rise as crude surges amid OPEC plan to cut output
    Orders for US durable goods were little changed in August
    Yellen sees solid job growth, no fixed timetable for rate rise
    Fed’s Mester says jobs, inflation outlook justify rate hike
    Italian consumer confidence falls to lowest in more than a year
    Bank of England’s Shafik sees further easing likely for UK
    OPEC agrees to first oil output cut in eight years
    Oil climbs most in five months as OPEC agrees to deal outlines

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