Wednesday, January 4, 2017

► Company Update – JAKS Resources (BUY, maintain) - Focus on core assets to deliver value


Today’s Highlights
►    Company Update – JAKS Resources (BUY, maintain) - Focus on core assets to deliver value
►    Economic Update – Malaysia – Manufacturing PMI - Malaysia PMI unchanged at 47.1 in December

Outside Malaysia            
►    US stocks start year with a pop as phones, health care rally
►    Manufacturing in US expands at fastest pace in two years
►    German inflation jumps to fastest since 2013 on oil prices
►    German unemployment extends drop as economic growth picks up
►    Pound drop boosts UK manufacturing, pushes up factories’ costs
►    Singapore's economy expands more than economists estimated
►    Singapore home prices fall for third year amid government curbs    
►    Oil falls from 18-month high amid dollar gains, OPEC doubts

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