Tuesday, July 14, 2015

Morning News - 14 July 2015 - E&0 / DIGI

Today’s Highlights
►    Initiate Coverage – Eastern & Oriental (BUY, TP: RM2.62) - Ready to take off
►    Results Note  – DiGi.com (BUY, maintain) - Growth likely to resume in 2H



Quick Bites
►    SAKP secures US$273m ONGC Mumbai High South project
►    MMC&Gamuda: MMC-Gamuda signs project delivery partner agreement for MRT Line 2



Outside Malaysia
►    US stocks rally after Greece reaches agreement with creditors
►    Budget deficit in US narrows in fiscal year on stronger hiring
►    ECB to discuss Greek bank aid as lenders granted fresh capital
►    IMF says Greece misses €456m payment due Monday
►    Greek bank holiday extended through July 15th , Ministry says
►    China’s exports rise in another sign of stabilizing economy
►    Thailand’s Finance Ministry maintains GDP forecast amid drought
►    Oil extends biggest weekly drop since March as Iran deal looms

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