Tuesday, December 6, 2016

► Sector Update – Telco (UNDERWEIGHT, maintain)

Today’s Highlights
►     Sector Update – Telco (UNDERWEIGHT, maintain)

Outside Malaysia            
►    Dow sets record as bank stocks rally, investors shrug off Italy
►    Dudley says he favors somewhat tighter fed policy over time
►    Service industries in US grow at fastest pace in 13 months
►    ECB buys record amount of debt as QE frontloaded before holidays
►    Italy’s Renzi quits as referendum defeat deepens Europe’s turmoil
►    UK services pickup keeps economy on track to maintain momentum
►    Modi’s cash clampdown set to shrink India services sector
►    Oil advances to 16-month high as focus shifts to non-OPEC cuts

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