Monday, December 19, 2016

► Results Note – Gamuda (BUY, maintain) - New growth cycle

Today’s Highlights
    Results Note – Gamuda (BUY, maintain) - New growth cycle
    Results Note  – Berjaya Sports Toto (SELL, maintain) - Falling short of expectations



Outside Malaysia            
    S&P 500 slips on China tension as financial rally takes pause
    Fed hawk Lacker says may need more than three hikes in 2017
    US home starts slumped in November after outsize advance
    Draghi said to warn EU rising global rates pose crisis risk
    UK gets black Friday boost as retail sales unexpectedly rise
    China plans prudent, neutral monetary policy for next year
    Japan overtakes China as largest holder of US treasuries
    Oil rises as output cuts seen curbing glut, dollar rally stalled

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