Morning News - 5 August 2015 - PETGAS / MISC / HARTA

Today’s Highlights

►    Results Note – Petronas Gas (HOLD, maintain) - A lacklustre quarter

►    Results Note – MISC (HOLD, maintain) - Petroleum segment boosts earnings

►    Results Note  – Hartalega (HOLD, maintain) - As well as expected

Quick Bites

►    FGV: Eagle High due diligence exercise on track

►    Alam Maritim: Alam secures a RM41m vessel chartering contract

►    Malaysian infrastructure: Revival of Gemas-Johor Bahru Double Tracking project?

Outside Malaysia

►    US stocks slide amid dissapointing companies’ results

►    US factory orders advance 1.8% in June

►    Greece sees bailout deal in time to meet US$3.5bn due to ECB

►    Russia inflation faster in July as ruble challenges central bank

►    Rajan holds India rate, rebuffing pressure from government

►    Earnings slump for japanese workers in June on timing of bonuses

►    RBA holds rates, omits reference to need for currency drop ►    Crude rebounds after drop below US$50 for first time since January