Morning News - 4 November 2015 - PCHEM / MMHE

Today’s Highlights

►    Results Note – Petronas Chemicals (SEL, maintain) - Good 9M15 results but maintain SELL

►    Results Note  – MMHE (SELL, maintain) - Impacted by O&G downturn

Outside Malaysia                                             

►    US stocks extend rally as commodity producers continue rebound ►    US factory orders fell again in September ►    Draghi says ECB ready to act to maintain monetary accommodation ►    Spanish jobless claims rise a third month as election nears ►    RBA sees rebound chances rising, holds rate-cut door open ►    Xi says China needs at least 6.5% growth in next five years ►    Korean inflation runs at the fastest pace in almost a year ►    Oil climbs to three-week high as refineries increase demand