► Company Update – UMW-OG (SELL, maintain) - NAGA 8 leaving the cold storage

Today’s Highlights

►    Company Update – UMW-OG (SELL, maintain) - NAGA 8 leaving the cold storage

►    Results Note – Tenaga (BUY, maintain) - Another record peak demand from El Nino

►    Results Note – Malaysia Airports (SELL, maintain) - Sluggish ISG traffic growth

►    Results Note  – Pavilion REIT (BUY, maintain) - Disruption to rental revenue temporary

►    Results Note – MMHE (BUY, maintain) - Core earnings dive into red

►    Economy – ASEAN Outlook – Weekly Wrap - Surprise increase in Singapore’s IPI but may not sustain

Outside Malaysia            

►    US stocks fluctuate while investors weigh torrent of earnings

►    Jobless claims in US decline for first time in three weeks

►    Pending sales of US existing homes increased 1.5% in September

►    Orders for US capital goods decline by most since February

►    UK growth shows an economy resilient to Brexit

►    Spain’s unemployment rate falls to more than six-year low

►    China’s industrial profits get boost from steel, refining

►    Oil rises from 3-week low on report Gulf nations may cut output