Tuesday, August 9, 2016

► Results Note – MBSB (SELL, downgrade) - Lock in profits

Today’s Highlights
    Results Note – MBSB (SELL, downgrade) - Lock in profits


                                                                                                                                  
Outside Malaysia            
    Corporate profit forecast eludes S&P 500 as rally swells valuations
    Fed survey shows July inflation expectations lowest since March
    German industry output rises as factories shrug off Brexit woes
    Bank of France sees economy gaining momentum in third quarter
    UK consumers’ Brexit anxiety temporarily quelled by summer sun
    South Korea’s credit rating raised one level to AA by S&P
    China exports remain subdued as import drop fuels demand concern
     Crude oil advances to two-week high as OPEC plans informal talks

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