► Results Note – BAT (HOLD, maintain) - Volumes still weak

Today’s Highlights

►    Results Note – BAT (HOLD, maintain) - Volumes still weak

►    Company Update – Maybank (HOLD, maintain) - Maybank Indonesia saw turnaround

►    Company Update – IHH Healthcare (HOLD, maintain) - It takes time to rev up multiple growth engines

►    Economic Update – Malaysia GDP & BOP 4Q16 - Real GDP growth rises to 4.5% yoy in 4Q16

Quick Bites            

►    Amcorp Properties: AmProp acquires first Spanish property

Outside Malaysia            

►    US stocks slip after seven-day rally as energy stocks decline

►    US housing starts exceed estimates after a stronger December

►    Fewer Americans than forecast file for unemployment insurance

►    Aussie unemployment rate falls despite full-time jobs plunge

►    China reserves falling below US$3trn won't threaten rating, S&P says

►    BOJ’s Kuroda says low profitability at banks is a global problem

►    Indonesia holds rates while it braces for further Fed hikes

►    Oil stuck in tight range as shale revival counters OPEC cuts