Monday, February 13, 2017

► Results Note – Westports (BUY, maintain) - Alliance overhang

Today’s Highlights
    Results Note – Westports (BUY, maintain) - Alliance overhang
    Results Note – MISC (SELL, maintain) - Murky outlook
    Sector Update – Plantation (NEUTRAL, maintain) - Inventory declines on better exports
    Economic Update – Malaysia – IPI - December’s industrial production rises by 4.7% yoy

Quick bites
    Sunway - Forms joint venture with Austral Meridien Property

Outside Malaysia            
    US stocks gain for third week as policy promises whip up bulls
    US consumer sentiment cooled in February from 13-year high
    Fischer says Fed focused on goals amid Trump policy uncertainty
    Italy’s industry output unexpectedly rises amid growth optimism
    UK industry posts better end to 2016 than first estimated
    China exports surge ahead of potential challenge from Trump
    RBA highlights better global outlook, limited employment gains
    Oil jumps as IEA sees record OPEC-cuts compliance, rising demand

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