Company Update – Jaya Tiasa (HOLD, maintain) - Expecting weaker results due to lower log data

Today’s Highlights

►    Company Update – Jaya Tiasa (HOLD, maintain) - Expecting weaker results due to lower log data

►    Results Note  – Bursa (HOLD, maintain) - Derivatives should sustain growth

                                                                                                                                                                  

Quick Bites            

►    SapuraKencana – Awarded US$113m Mexican job from Pemex

Outside Malaysia            

►    US stocks retreat from highs as crude hits energy shares

►    German Ifo confidence falls less than expected after Brexit vote

►    UK manufacturer confidence drops to recession levels on Brexit

►    Japan’s exports decline again in June, for ninth straight month

►    South Korea’s growth rate improves on consumption, construction

►    Brazil’s Meirelles calls for tighter budget to avoid more taxes

►    Singapore central bank damps speculation of policy easing

►     Oil tumbles to three-month low as US drilling climbs amid glut