Today’s Highlights
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Results Note – Nestle
(HOLD, maintain) - Solid 1Q16 earnings
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Results Note –
British American Tobacco (SELL, downgrade) - Losing flame
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Results Note – IGB
Reit (BUY, maintain) - Renewals and festive spending drive 1Q16
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Results Note – Unisem
(SELL, maintain) - Cost pressure in 1Q16
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Results Note –
Globetronics (HOLD, downgrade) - Washed out
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Economy – NTP Annual
Report 2015 - ETP & GTP initiatives continued to perform well in 2015
Quick Bites
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Maybank: Maybank
Indonesia reports robust 1Q16 net profit growth
Outside Malaysia
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S&P 500 index
edges higher amid earnings while Fed deliberates
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Orders for US durable
goods rose less than forecast in March
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Home prices in US
cities increased less than forecast
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Consumer confidence
in US fell more than forecast in April
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French jobless claims
drop to one-year low as recovery holds up
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Italy said to
consider tobin tax freeze to aid bank industry
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Bank of England won't
hesitate to act on housing, Cunliffe says
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Crude oil rises to
five-month high as market seen rebalancing
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