► Initiate Coverage – Westports (BUY, TP: RM.4.90) - Port of entry

Today’s Highlights

►    Initiate Coverage – Westports (BUY, TP: RM.4.90) - Port of entry

Outside Malaysia            

►    S&P 500 Index slips amid health-care earnings, Apple sales view

►    Sales of new US homes remain close to an almost nine-year high

►    Smaller US trade deficit adds to chances of bigger GDP rebound

►    British consumers are binge-borrowing on record low rates

►    Banks likely to lose passporting with Brexit, UK official says

►    Australia’s inflation accelerates, easing pressure for rate cuts

►    S&P's not yet ready to upgrade Indonesia's rating from junk

►    Oil declines as West Coast supply drop offset by gains elsewhere