Friday, March 10, 2017

► Company Update – IOI Properties (BUY, maintain) - Rights issue adjustments

Today’s Highlights
    Results Note – KESM Industries (BUY, maintain) - 1HFY17 pleasant surprise
    Company Update – IOI Properties (BUY, maintain) - Rights issue adjustments
    Economic Update – ASEAN Weekly Wrap - Asean’s manufacturing exports to be sustained in 1Q17

Outside Malaysia            
    US equities mixed after three-day slump as health care gains
    US jobless claims rebounded last week from four-decade low
    US household wealth rose US$2.04 trillion in fourth quarter
    ECB keeps bond-buying, rates unchanged amid inflation flare-up
    French factory sentiment jumps to highest level since 2011
    China factory prices surge most since 2008, boosting reflation
    China money supply growth slows amid campaign to contain risk
    WTI drops below US$50 for first time since December on supply glut

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