Monday, April 27, 2015

Morning News - 27 April 2015 - JTIASA / SUPERMX / ECONOMY - US OUTLOOK

Today’s Highlights
    Company Update – Jaya Tiasa (SELL downgrade from HOLD) - Disruption in log and FFB harvesting
    Company Update – Supermax  (HOLD, maintain) - OBM contact lens slated by 3Q15
    Economy – US Outlook – Weekly Wrap (20 – 24 April 2015) - Higher US durable orders due to transport equipment



Outside Malaysia
    Nasdaq Composite gains as Google, Amazon.com rally on earnings
    Chill persists in March US durable goods report
    German Ifo confidence at 10-month high as stimulus kicks
    ECB seen going all the way on QE as taper doubted by economists
    Philippines targets rating within ‘A’ category over medium  term
    Singapore’s March’s factory output cues slight 1Q15 growth upgrade
    Thailand’s foreign-exchange reserves rise to US$158.9bn
    US oil falls from 2015 high on supply, Brent gains on Yemen



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