Thursday, October 20, 2016

► Company Update – Top Glove (BUY, maintain) - Turning point

Today’s Highlights
    Company Update – Top Glove (BUY, maintain) - Turning point
    Results Note – Maxis (HOLD, maintain) - 3Q16 earnings rise 22% qoq
    Results Note  – DiGi.com (HOLD, maintain) - Third quarter of profit growth



Outside Malaysia            
    US stocks rise amid earnings as oil rally lifts energy shares
    Fed Beige book shows ‘mostly positive’ outlook for US economy
    US housing starts unexpectedly drop on multifamily-unit slide
    Brexit pay squeeze begins as UK labor market loses steam
    China growing at 6.7% opens window to deliver debt-curb vow
    China home sales value rose 61% in September from year earlier
    Brazil cuts rate for first time since 2012 with cautious outlook
    Oil surges to 15-month high on US supply drop, OPEC optimism

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