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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