Monday, September 19, 2016

► US stocks slide with investors wary on growth before Fed meets

Today’s Highlights
    Company Update – Genting M’sia (BUY, maintain) - Favorable odds
    Company Update  – Gabungan AQRS (BUY, maintain) - Lost opportunity



Quick Bites            
    Genting Plant: Proposed acquisitions of Indonesian estates completed



Outside Malaysia            
    US stocks slide with investors wary on growth before Fed meets
    Consumer prices in US rose more than forecast in August
    US consumer sentiment gauge holds at lowest since April
    EU's Tusk says May expects to start Brexit talks by February
    BIS says ECB stimulus shows currency matters in policy spillover
    Russia’s credit outlook raised by S&P as recession nears end
    Indonesians declare US$8.9bn of Singapore assets for tax
    Oil falls to 1-month low as Nigeria, Libya poised to swell glut

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