► Results Note – AFG (BUY, maintain) - A cautious start to FY17

Today’s Highlights

►    Results Note – Nestle (HOLD, maintain) - Strong set of results

►    Results Note  – AMMB Holdings (HOLD, maintain) - A weak start with room for improvement

►    Results Note – AFG (BUY, maintain) - A cautious start to FY17

►    Results Note – UMW-OG (SELL, maintain) - Lower loss in 2Q16 but still challenging

►    Results Note – Star Media (SELL, maintain) - Challenges remains in print

►    Results Note – JAKS Resources (BUY, maintain) - Contributions from Vietnam gain traction

►    Results Note – IOI Properties (BUY, maintain) - Higher revenue on all segments

Quick Bites            

►    Sunway Construction: Bags RM268m ISKL contract

Outside Malaysia            

►    US stocks fluctuate as drugmakers rally offsets slide in oil

►    Merkel says Brexit Is UK’s loss while pledging results for EU

►    Merkel tells Renzi he can’t bend Euro rules to boost growth

►    Wheeler says RBNZ sees no need for rapid interest-rate cuts

►    Jokowi amnesty favors tax cheats and punishes payers, OECD says

►    Thai central bank says further baht gains may hurt recovery

►    Oil ends longest gain in 4 years on Nigeria, Iraq supply boost