Monday, August 17, 2015

Morning News - 17 August 2015 - GAMUDA / GUINNESS / ECONOMY - US OUTLOOK

Today’s Highlights
►    Company Update – Gamuda (BUY, maintain) - In the bag
►    Results Note  – Guinness Anchor (HOLD, maintain) - A bubbly year for GAB
►    Economy – US Outlook – Weekly Wrap - US manufacturing production rose 0.8% in July



Outside Malaysia
►    US stocks rise as investors turn focus to economic strength
►    Factory production in US gains on stronger auto assembly
►    Consumer sentiment in US fell in August for second month
►    Wholesale prices in US increased at slower pace in July
►    Euro-area growth cools as Germany, France fall short
►    India wholesale inflation at record low adds easing pressure
►    Hong Kong GDP beats economist forecasts on domestic spending
►    Oil caps longest weekly slump since January as glut persists

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