Thursday, October 20, 2016

► Company Update – Top Glove (BUY, maintain) - Turning point

Today’s Highlights
►    Company Update – Top Glove (BUY, maintain) - Turning point
►    Results Note – Maxis (HOLD, maintain) - 3Q16 earnings rise 22% qoq
►    Results Note  – DiGi.com (HOLD, maintain) - Third quarter of profit growth



Outside Malaysia            
►    US stocks rise amid earnings as oil rally lifts energy shares
►    Fed Beige book shows ‘mostly positive’ outlook for US economy
►    US housing starts unexpectedly drop on multifamily-unit slide
►    Brexit pay squeeze begins as UK labor market loses steam
►    China growing at 6.7% opens window to deliver debt-curb vow
►    China home sales value rose 61% in September from year earlier
►    Brazil cuts rate for first time since 2012 with cautious outlook
►    Oil surges to 15-month high on US supply drop, OPEC optimism

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