Tuesday, April 26, 2016

Morning News - 26 April 2016 - BURSA

Today’s Highlights
►     Results Note – Bursa (HOLD, maintain) - Driven by derivatives trading and fee income



Quick Bites                       
►    SIME: 15% higher yield with GS planting materials
►    MRCB: EPF to acquire 80% of Bukit Jalil project



Outside Malaysia            
►    US stocks retreat as earnings reports, Fed rate decision loom
►    Sales of new US homes fall for a third month on slump in West
►    German business confidence unexpectedly weakened in April
►    Korea growth slows in first quarter on investment, consumption
►    Singapore consumer prices decline in longest slump on record
►    Singapore bets on rising Asia middle class to help spur economy
►    Chinese investment in Indonesia surges on smelter construction
►    Oil falls from five-month high amid signs of growing crude glut

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