Monday, February 20, 2017

► Company Update – Karex (HOLD, maintain) - Marketing costs to crimp earnings

Today’s Highlights
►    Company Update – Karex (HOLD, maintain) - Marketing costs to crimp earnings
►    Company Update – Bumi Armada (BUY, maintain) - Clear sailing on deliveries
►    Results Note – Amcorp Properties (HOLD, maintain) - Bumper 4QFY17 earnings delayed
►    Results Note - Choo Bee (Cease Coverage) - Strong rebound

Outside Malaysia            
►    US equities rebound to record after deal news, Trump speech
►    Fischer echoes Yellen seeing economy on fed's rate hike path
►    Merkel says weak euro isn't her ‘problem’ in stand on Trump
►    UK retail sales unexpectedly decline as inflation bites
►    Singapore's economy expands at fastest pace in more than 5 years
►    Russia credit outlook raised by Moody’s on country’s fiscal plan
►    Bank of Russia waits out ruble rally, keeps focus on inflation
►    Oil futures cap narrowest weekly trading range in 13 years

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