Today’s Highlights
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Company Update – Jaya
Tiasa (HOLD, maintain) - Expecting weaker results due to lower log data
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Results Note –
Bursa (HOLD, maintain) - Derivatives should sustain growth
Quick Bites
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SapuraKencana –
Awarded US$113m Mexican job from Pemex
Outside Malaysia
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US stocks retreat
from highs as crude hits energy shares
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German Ifo confidence
falls less than expected after Brexit vote
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UK manufacturer
confidence drops to recession levels on Brexit
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Japan’s exports
decline again in June, for ninth straight month
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South Korea’s growth
rate improves on consumption, construction
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Brazil’s Meirelles
calls for tighter budget to avoid more taxes
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Singapore central
bank damps speculation of policy easing
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Oil tumbles to
three-month low as US drilling climbs amid glut
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