Friday, November 6, 2015

Morning News - 6 November 2015 - KLCI / HARTA / ECONOMY - OPR & ASEAN OUTLOOK

Today’s Highlights
►    Strategy – KLCI (OVERWEIGHT, upgrade) - Finding a firmer footing
►    Results Note  – Hartalega (HOLD, maintain) - Results meet expectations
►    Economy – OPR - BNM kept its policy rate unchanged at 3.25%
►    Economy – ASEAN Outlook – Weekly Wrap - Indonesia’s economy expanded by 4.73% yoy in 3Q15



Outside Malaysia                                             
►    S&P 500 closes little changed as investors weigh rates, economy
►    Fed's Lockhart says rate liftoff 'will soon be appropriate'
►    Applications for US jobless benefits reach five-week high
►    EU cuts growth and inflation outlook as ECB decision looms
►    Draghi says QE one of many tools ECB has to counter headwinds
►    Governor Carney signals BOE rate can stay low as China drags
►    Indonesia economy expanded less than estimated last quarter
►    Crude futures fall for second day on US supplies, dollar

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