Friday, August 7, 2015

Morning News - 7 August 2015 - KLCI / MBSB / ECONOMY - MACRO FEEDBACK & ASEAN OUTLOOK

Today’s Highlights
    Strategy – KLCI (NEUTRAL, maintain) - Foreign interest remains muted
    Results Note  – MBSB (HOLD, upgrade) - Increased impairment in 2Q15
    Economy – Malaysia - Macro Feedback - Focus on underlying macroeconomic fundamentals
    Economy – ASEAN Outlook – Weekly Wrap - Indonesia’s GDP growth slowed to 4.67% yoy in 2Q15



Outside Malaysia
    US stocks fall as biotech, media shares tumble amid earnings
    Jobless claims in US hover near lowest in four decades
    Greek aid accord is possible before Aug.
    German manufacturing orders surge in sign of robust growth
    Bank of England holds key interest rate and cuts inflation outlook
    UK industrial output unexpectedly falls on oil and gas
    Australia adds workers, unemployment rises as data doubts linger
    Oil slides to lowest since March as Goldman sees glut




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