Friday, October 30, 2015

Morning News - 30 October 2015 - TNB / PREIT / UNISEM / ECONOMY - ASEAN OUTLOOK

Today’s Highlights
►    Results Note – Tenaga (HOLD, maintain) - Muted outlook
►    Results Note  – Pavilion REIT (BUY, maintain) - Resilient and sustainable
►    Results Note  – Unisem (SELL, maintain) - Lifted by the strong dollar
►    Economy – ASEAN Outlook – Weekly Wrap - BOT to keep policy rate stable on uncertain export conditions



Outside Malaysia                                             
►    Rally in US stocks stalls amid earnings, odds for higher rates
►    Inventory correction masks resilient demand in US GDP report
►    Jobless claims in US were little changed near four-decade low
►    Pending sales of previously owned US homes unexpectedly fall
►    Euro area confidence makes surprise leap to four-year high
►    Germany's inflation rate rebounds after brief dip below zero
►    Premier Li floats new China five year growth minimum of around 6.5%
►    Oil steadies after refinery data spurs biggest gain in 8 weeks

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