Today’s Highlights
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Results Note –
Tenaga (BUY, maintain) - Earnings rise on new peak demand
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Results Note –
Public Bank (BUY, maintain) - Still top of the class
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Results Note –
Malaysia Airports (SELL, maintain) - Turkish drag
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Results Note –
Pavilion REIT (BUY, maintain) - Pavilion Mall retail sales see recovery
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Economy – ASEAN
Outlook – Weekly Wrap - Singapore’s industrial production fell unexpectedly in June
Quick Bites
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Gamuda: NAIM-Gamuda
joint venture wins RM1.57bn Pan-Borneo Highway contract
Outside Malaysia
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US stocks climb
toward record amid earnings with GDP on tap
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Jobless claims in US
climbed last week from a three-month low
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Euro area economic
sentiment unexpectedly rises after Brexit
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German inflation
exceeds forecasts as Draghi eyes Brexit clues
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German unemployment
falls as companies shrug off Brexit woes
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Spanish jobless falls
to almost six-year low amid recovery
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Brazil’s budget
deficit comes in below forecast in June
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Oil falls to
three-month low after surprise US stockpile gain
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