► Results Note – Bumi Armada (BUY, maintain) - Getting close to the crown

Today’s Highlights

►    Results Note – Bumi Armada (BUY, maintain) - Getting close to the crown

►    Results Note – Alam Maritim (SELL, maintain) - Murky Outlook

►    Sector Update – Banking (NEUTRAL, maintain) - Momentum tapered off after December16

►    Other Results – Benalec Hldgs, CIMB Group, FGV, MAHB, Nestle, SCICOM, Ta Ann, Eversendai, MMC, Tropicana, WTK

Outside Malaysia            

►    US stocks dip before Trump's speech as consumer stocks decline

►    US economy grew 1.9% in quarter, unchanged from early estimate

►    Home prices in 20 US cities climbed at faster pace in December

►    US consumer confidence rises to highest level since July 2001

►    French inflation rate unexpectedly drops, ending months of gains

►    Japan’s industrial output falls for first time in six months

►    India GDP to slow less than estimated as cash returns to economy

►    WTI closes near US$54 as White House says no change in fuel rule