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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