IDEAS OF THE DAY
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Initiating
Coverage: DIJACOR
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Results
Note: HELP
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Quick
Bites: ALAM, TRC
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On Our
Radar: DAIBOCI
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On
Our Technical Watch: CIMB, IJM
NEWS HIGHLIGHTS
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West Sepat field FEED and EPCIC up for grabs (Comment included
in Kenanga Today)
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UMW
bags RM45.0m contract to supply fire-fighting vehicles to MAHB
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MBf
faces threat of suspension
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Emas
Kiara in JV with Sabah govt for land
development
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Kuok
Brothers buys 22.3% of Shangri-la Hotels
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KKB
Engineering associate is Petronas supplier
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ETI
Tech unit fails to repay loan of RM11.7m
FOREIGN NEWS HIGHLIGHTS
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Icahn
opens door to Blackstone tie-up on Dell bid
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Li
Ning has wider-than-expected loss as sales slump second year
ECONOMIC
NEWS HIGHLIGHTS (MACRO BITS)
l Construction Industry To Grow By 11%
l PM Announces More Benefits To Staff Of Statutory
Bodies
l Foreign Ownership Of Japanese Govt
Debt Falls
l South Korea Escalates Concern With Japan
l Vietnam Central Bank Trims Key Rates To Stimulate
Economy
l Bernanke Defends Continuing Low Interest Rates
l Cyprus
l Japan
l Mortgage Lending Fell In February, Say UK
Currencies
l Euro Drops As Cyprus
Commodities
l Brent Climbs Above $108 After Cyprus
l Gold Down As Cyprus