► Company Update – Globetronics (BUY, maintain) - A better 2017, round the corner

Today’s Highlights

►    Company Update – Globetronics (BUY, maintain) - A better 2017, round the corner

►    Results Note – HAI-O (HOLD, upgrade) - MLM business prospers

►    Economy  – CPI - Headline inflation rises to 1.8% yoy in November

Quick Bites

►    Gabungan AQRS (BUY) – Secured a RM392m project.

►    MBSB: Bank Negara no objection for MBSB to commence merger negotiations

Outside Malaysia            

►    US stocks slide as Dow hovers near 20,000, health shares drop

►    US existing-home sales climb to highest since early 2007

►    Spain probably expanded 0.7% this quarter, central bank says

►    UK November borrowing leaves Hammond on track to meet forecast

►    New Zealand economy grows faster than expected on building boom

►    Indonesia’s outlook changed to positive from stable at Fitch

►    Thailand holds rate as fed hike pressures Asian currencies

►    Oil declines as US crude inventories unexpectedly increase