Today’s Highlights
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Company Update –
Genting (HOLD, maintain) - Potential signs of recovery for GENS
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Results Note –
Petronas Gas (HOLD, maintain) - A good start
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Results Note – Dialog
Group (HOLD, maintain) - Record earnings on higher domestic activities
Quick Bites
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Construction: RM9bn
LRT3 project to be awarded in July
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Plantation:
Australian scientists forecast "substantial" El Niño this year
Outside Malaysia
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US stocks drop for
second day as bond rout spreads to equities
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Slack in US job
market kept waning even during March slump
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More small businesses
in US plan to raise worker compensation
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ECB spares Greece for
now as Schaeuble seeks substance on plans
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BOJ seeks to boost
reserves as record easing adds risk
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India’s CPI eases in
April, boosting rate-cut chances
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Australia springs tighter
budget than forecast
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Crude climbs amid
improving demand outlook as dollar declines
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