Tuesday, December 6, 2016

► Sector Update – Telco (UNDERWEIGHT, maintain)

Today’s Highlights
     Sector Update – Telco (UNDERWEIGHT, maintain)

Outside Malaysia            
    Dow sets record as bank stocks rally, investors shrug off Italy
    Dudley says he favors somewhat tighter fed policy over time
    Service industries in US grow at fastest pace in 13 months
    ECB buys record amount of debt as QE frontloaded before holidays
    Italy’s Renzi quits as referendum defeat deepens Europe’s turmoil
    UK services pickup keeps economy on track to maintain momentum
    Modi’s cash clampdown set to shrink India services sector
    Oil advances to 16-month high as focus shifts to non-OPEC cuts

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