► Results Note – UNISEM (SELL, maintain) - Relatively weak 2Q16

Today’s Highlights

►    Results Note – UNISEM (SELL, maintain) - Relatively weak 2Q16

►    Economy  – Foreign Reserves - Reserves unchanged at US$97.3bn as at end-July

►    Economy – Trade - Exports rose unexpectedly to 3.4% yoy in June

Quick Bites            

►    MMC - Buying 49% stake in Penang Port

►    IOI - RSPO certifications suspension lifted

                                                                                                                                  

Outside Malaysia            

►    Nasdaq Composite Index rallies to record on jobs data, earnings

►    US posts another strong month of job gains

►    US trade gap widens to almost one-year high of US$44.5bn

►    German factory orders slide amid dwindling euro-region demand

►    Italy’s industry output unexpectedly falls in Renzi setback

►    Spain industrial output slows most in 18 month as momentum eases

►    Indonesian growth beats forecasts as Widodo spending surges

►     Oil declines as dollar advances on strong US employment data