Friday, March 17, 2017

► Results Note – Top Glove (BUY, maintain) - Our preferred pick

Today’s Highlights
    Results Note – Top Glove (BUY, maintain) - Our preferred pick
    Company Update  – Berjaya Sports Toto (SELL, maintain) - Can’t feel the excitement from CNY

Outside Malaysia            
    US equities slide as health-care, utility stocks decline
    Housing starts in US climbed to four-month high in February
    Fewer Americans filed claims for jobless benefits
    BOE leaves rates unchanged at 0.25% in 8-1 vote
    BOJ stays the course, leaves policy unchanged after Fed hike
    People's Bank of China raises borrowing costs in step with Fed
    Aussie jobless rate unexpectedly jumps to 5.9%
    WTI near US$49 as glut worries persist after US supply drop

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