Thursday, October 27, 2016

► Results Note – Nestle (HOLD, maintain) - Steady sailing

Today’s Highlights
    Results Note  – Nestle (HOLD, maintain) - Steady sailing
    Results Note – IGB REIT (BUY, maintain) - Key drivers remain steady
    Results Note – Globetronics (HOLD, maintain) - 3Q16 earnings improve



Outside Malaysia            
    US stocks decline amid mixed blue-chip forecasts
    US consumer confidence retreated more than forecast in October
    Home prices in 20 US cities continue rising at steady pace
    German economy is set to pick up as business confidence improves
    Hammond sees no reason to refuse future BOE requests for more QE
    New Zealand dethrones Singapore as easiest place to do business
    Indonesia must signal tax amnesty won’t be repeated, OECD says
    Oil falls one-week low as Russian comments add to accord doubts

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