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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