IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
l
Sector
Update: Telecommunications
l
On
Our Technical Watch: GBGAQRS, LIONIND
NEWS HIGHLIGHTS
l WCT:
The Oman
l LBS
shares suspended, to announce Zhuhai land sale
l L&G
proposes rights issue to raise RM77.8m
l Gabungan
AQRS to record RM15.0m gains from Juru land sale
l CIMB
Thai sees Q1 8.0% loan growth
l TDM
proposes dividend of 22 sen a share, bonus issue
l ECS,
Samsung seal distribution deal
FOREIGN NEWS HIGHLIGHTS
l Lagardere
sells EADS stake for USD3.0b
l Hedge
fund Aurelius offers Clearwire USD80.0m financing
ECONOMIC
NEWS HIGHLIGHTS (MACRO BITS)
l ADB: Malaysian Economy To Grow By 5.3%
l Asian Development Bank Forecasts Fragile 2013 Recovery
l China March CPI Up 2.1%, PPI Falls
l Australia
l Job Openings At Five-Year High Signal U.S.
l US Wholesale Inventories Slide Most In 1.5 Years
l Small Business Confidence Retreats After Three Months
Of Gains
l German Exports Fell In February Amid Euro-Area
Recession
l Greek Inflation Turns Negative, First Time In 45 Years
l UK
Currencies
l Dollar Stabilizes After Eyeing 100 Yen
Commodities
l Oil Rises On Weak Dollar, Brent-Wti Spread Widens
l Gold Up On Volatile Currency Moves But Weakness Seen
