Friday, March 10, 2017

► Company Update – IOI Properties (BUY, maintain) - Rights issue adjustments

Today’s Highlights
►    Results Note – KESM Industries (BUY, maintain) - 1HFY17 pleasant surprise
►    Company Update – IOI Properties (BUY, maintain) - Rights issue adjustments
►    Economic Update – ASEAN Weekly Wrap - Asean’s manufacturing exports to be sustained in 1Q17

Outside Malaysia            
►    US equities mixed after three-day slump as health care gains
►    US jobless claims rebounded last week from four-decade low
►    US household wealth rose US$2.04 trillion in fourth quarter
►    ECB keeps bond-buying, rates unchanged amid inflation flare-up
►    French factory sentiment jumps to highest level since 2011
►    China factory prices surge most since 2008, boosting reflation
►    China money supply growth slows amid campaign to contain risk
►    WTI drops below US$50 for first time since December on supply glut

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