► Sector Update – Banking (NEUTRAL, maintain) - Subdued system loan growth

Today’s Highlights

►    Sector Update  – Banking (NEUTRAL, maintain) - Subdued system loan growth

►    Results Note – KPJ Healthcare (BUY, maintain) - 3Q16 result weaker than expected

►    Results Note – MRCB (BUY, maintain) - Better operating profit

►    Results Note – MCIL (SELL, maintain) - Lower earnings from print and travel divisions

►    Results Note  – APM (SELL, maintain) - Unfavourable forex weighed on costs

Outside Malaysia            

►    US stocks drop despite energy rally on OPEC production pact

►    OPEC agrees to cut production in drive to end record glut

►    ADP says companies in US added 216,000 employees in November

►    US consumer spending gain moderates as incomes increase

►    Euro area inflation accelerates before key ECB decision on QE

►    German joblessness extends decline as growth seen picking up

►    India’s economy grows less than estimated before RBI rate review

►    Oil jumps most in nine months after OPEC agrees to output cuts