Kenanga
Today
IDEAS OF THE DAY
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Initiating
Coverage: HUAYANG
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Sector
Update: Media
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Company
Update: KLCCP
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Result
Note: AFG, AMBANK, DIALOG, GASMSIA, MAYBANK BII, KIANJOO
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Quick
Bites: BIPORT, KNM
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On Our Technical Watch: STAR, UZMA
NEWS HIGHLIGHTS
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Deftechbuys
CTRM from MOF (Comment included in Kenanga Today)
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Lower
operating expenses, cheaper raw material lift Padiberas Nasional 4Q profit
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Jobstreet's
pre-tax profit rises to RM18.2m in Q4
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MAS
Orders 36 ATR 72-600s for USD840.0m
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KLK
keen on Aussie farm land
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Digistar
bids for ICT jobs worth RM200.0m
FOREIGN NEWS HIGHLIGHTS
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Herbalife
fourth-quarter profit tops analysts’ estimates
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Dell profit falls amid attempt to go
private
ECONOMIC
NEWS HIGHLIGHTS (MACRO BITS)
Global
l OECD Economies In 0.2% Quarterly Decline
l India Cuts Borrowing As Chidambaram Curbs Spending
l Obama Warns Sequester Will Cause Job Losses
l Homebuilder Confidence In U.S. Unexpectedly Fell In February
l German Investor Confidence Surges To Three-Year High
l Greek Current Account Gap Shrinks
Currencies
l Yen Up After Denial Of Plan For Foreign Bond Buys
Commodities
l Brent Steadies Below $118, Global Growth Hopes Support
l Gold Drops Near 6-Month Low On Economic Optimism