Wednesday, February 22, 2017

► Results Note - KPJ Healthcare (BUY, maintain) - 4Q16 broadly in line


Today’s Highlights
    Results Note - KPJ Healthcare (BUY, maintain) - 4Q16 broadly in line
    Results Note - IOI Properties (BUY, maintain) - Above expectation
    Results Note – Hong Leong Bank (HOLD, maintain) - Holding up in a challenging environment
    Results Note – Carlsberg (HOLD, maintain) - Weaker partly due to associate
    Results Note – Parkson (SELL, maintain) - Disposal gain masked core business weakness

Outside Malaysia            
    US stocks advance to record high after European shares rally
    Fed's Williams says historically low interest rates will persist
    Fed's Harker not taking March rate rise off the table, MNI says
    Euro area economy picks up speed as orders and optimism surge
    UK posts record surplus in pre-budget boost for Hammond
    China minister says trade war with US shouldn't be an option
    RBA's Lowe signals steady labor market allows pause on cash rate
    Oil closes at eight-week high as OPEC aims for full output cuts

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