Morning News - 28 April 2015 - TNB / MAXIS / DIGI / MMHE

Today’s Highlights

►    Results Note – Tenaga  (BUY, maintain) - Steady quarter

►    Results Note – Maxis  (HOLD, maintain) - Lower dividends, as anticipated

►    Results Note – Digi  (BUY, maintain) - Soft 1Q15, but still chalking up subs growth

►    Results Note – MMHE  (SELL, maintain) - Weaker earnings yoy, maintain SELL

Outside Malaysia

►    US stocks fall as biotech slumps, Apple climbs in late trading

►    US flash purchasing managers’ index for services fell in April

►    Rajoy raises Spanish growth forecast making case for second  term

►    Tsipras says Merkel wants to find a solution for Greece logjam

►    Japan rating cut by Fitch as budget fails to offset tax delay

►    China local government debt surge boosts focus on PBOC help

►    Saudi Prince sees ‘excellent’ oil market as kingdom pumps on

►    Brent falls as Saudis say they’ll keep pumping crude