Today’s Highlights
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Results Note – Bumi
Armada (HOLD, maintain) - Excluding large impairment, within expectations
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Results Note – SCICOM
(MSC) (BUY, maintain) - Still soaring
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Results Note –
WTK (BUY, maintain) - Weak 1H16 results – below expectations
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Results Note – Petra
Energy (BUY, maintain) - Profit after loss in 1Q16
Outside Malaysia
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Gamuda – MMCEG-Gamuda
JV’s appeal on Wayss & Freytag case dismissed
Outside Malaysia
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US stocks slip as
investors ramp bets for rate hike this year
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Yellen says rate-hike
case ‘strengthened in recent months’
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Economy in US grew at
1.1% rate, slower than first estimated
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Consumer sentiment in
US eased in August to four-month low
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Consumers and
businesses spurred UK economy before Brexit
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BOJ’s Kuroda says
ready to ease as Jackson Hole debates options
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Japan’s CPI falls for
5th month, raising pressure on Kuroda
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Oil rises as
investors parse Yellen remarks for rate-hike clues
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