Monday, March 13, 2017

► Company Update – UMW-OG (HOLD, upgrade) - Two strikes for NAGA 2

Today’s Highlights
    Company Update  – UMW-OG (HOLD, upgrade) - Two strikes for NAGA 2
    Sector Update – Plantation (NEUTRAL, maintain) - Production improves for third straight month

Quick Bites
    Malaysian Construction (OVERWEIGHT, maintain) - MRT Corp awards RM2.73bn contracts; BUY SunCon

Outside Malaysia            
    S&P 500 rally pauses as tumbling bond, oil prices break momentum
    US jobs, pay show solid gains in Trump's first full month
    ECB said to have discussed whether rates can rise before QE ends
    UK loses momentum as factories, builders reduce output
    IMF said to move toward Greek bailout loan in Merkel boost
    China says economy showed signs of improvement in start of year
    PBOC's Zhou sees relatively stable yuan even as Fed hikes loom
    Oil caps worst week since November as US supply glut expands

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