► Company Update – Malaysia Airports (SELL, maintain) - Extension to concessionaires

Today’s Highlights

►    Company Update – Malaysia Airports (SELL, maintain) - Extension to concessionaires

►    Results Note – Bursa (SELL, maintain) - Outlook remains unexciting

Quick Bite

►    Malaysia Airports Holdings Bhd (MAHB) announced that the government has extended its airport concession for Malaysia operation until 2069 from the initial 2034 (Bursa Malaysia).

Outside Malaysia            

►    US stocks climb on payrolls surge as Trump targets dodd-frank

►    Payrolls in US increase 227,000 while wage growth weakens

►    Fed’s Williams sees some arguments to raise rates in March

►    Growth in US services industries was steady in January

►    Euro area economic outlook improves as orders fuel hiring

►    UK services growth cools as costs dominate firms’ concerns

►    China tightens monetary policy by raising money market rates

►    Oil advances for third week as US imposes new Iran sanctions