Friday, November 18, 2016

► Results Note – YTL Corporation (HOLD, maintain) - High uncertainty with cement

Today’s Highlights
    Results Note – YTL Corporation (HOLD, maintain) - High uncertainty with cement
    Results Note – YTL Power International (HOLD, maintain) - Falling short but on the right track
    Results Note – Gas Malaysia (HOLD, maintain) - 9M16 results beat expectations
    Results Note  – Eastern & Oriental (BUY, maintain) - Challenging times
    Results Note – YTL Hosp REIT (BUY, maintain) - Stronger contribution from Australia


Outside Malaysia            
    S&P 500 rises to near record after Yellen as treasuries retreat
    Yellen says interest rate hike could come ‘relatively soon’
    Consumer prices in US increase for third consecutive month
    Jobless claims in US decline to lowest level in four decades
    Philippines posts strongest economic growth in Asia at 7.1%
    Singapore exports post biggest drop in seven months in October
    Indonesia keeps benchmark rate unchanged amid currency slump
    Oil falls as dollar rally outweighs Saudi optimism on OPEC deal

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