Monday, February 20, 2017

► Company Update – Karex (HOLD, maintain) - Marketing costs to crimp earnings

Today’s Highlights
    Company Update – Karex (HOLD, maintain) - Marketing costs to crimp earnings
    Company Update – Bumi Armada (BUY, maintain) - Clear sailing on deliveries
    Results Note – Amcorp Properties (HOLD, maintain) - Bumper 4QFY17 earnings delayed
    Results Note - Choo Bee (Cease Coverage) - Strong rebound

Outside Malaysia            
    US equities rebound to record after deal news, Trump speech
    Fischer echoes Yellen seeing economy on fed's rate hike path
    Merkel says weak euro isn't her ‘problem’ in stand on Trump
    UK retail sales unexpectedly decline as inflation bites
    Singapore's economy expands at fastest pace in more than 5 years
    Russia credit outlook raised by Moody’s on country’s fiscal plan
    Bank of Russia waits out ruble rally, keeps focus on inflation
    Oil futures cap narrowest weekly trading range in 13 years

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