Today’s Highlights
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Results Note –
RHB Bank (BUY, maintain) - Look past the Swiber bump
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Results Note – IJM
Corp (BUY, maintain) - Property drag
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Results Note –
UOA Development (BUY, maintain) - Achieved RM612m new property sales in 1H16
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Results Note –
IJM Plant (HOLD, maintain) - Weak 1QFY17, maintain HOLD
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Results Note – Inari
Amertron (BUY, maintain) - 4Q earnings rebound
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Results Note –
Hap Seng Plant (HOLD, maintain) - Maintain HOLD
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Results Note –
Parkson (SELL, maintain)
- Ending in the red
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Results Note –
Uchi Tech (HOLD, downgrade) - 1H16 earnings rise 12% yoy
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Economy – CPI -
Headline inflation improves to 1.1% yoy in July
Outside Malaysia
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US stocks fall as
drugmaker selloff ends lull before Yellen
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US existing home
sales drop for first time since February
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US home prices rose
5.6% in second quarter from prior year
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EU defends Greece’s
budget data amid case against ex-stats chief
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German trade bolsters
economic growth as investment declines
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UK consumer loan
growth hits decade high after Brexit
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Brazil’s inflation
slows in mid-August on food price relief
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Oil falls to one-week
low after surprise US crude supply gain
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