Monday, July 25, 2016

► Company Update – Gamuda (BUY, maintain) - Low foreign shareholding

Today’s Highlights
►    Company Update – Gamuda (BUY, maintain) - Low foreign shareholding
                                                                                                                                                                  


Outside Malaysia            
►    US stocks cap four-week rally with S&P 500 marking fresh high
►    G-20 pledges to use all tools to fight weak global recovery
►    World Bank’s Kim sees disappointing growth on Brexit
►    Payrolls climbed in 18 US states in June, led by California
►    Euro area deficit falls to eight-year low as growth accelerates
►    ‘Sluggish’ euro area sees initial Brexit fallout in services
►    Kuroda Says BOJ to add stimulus if needed, cites heli-money ban
►     Oil drops to two-month low amid ample US supply, rising dollar

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