IDEAS OF THE DAY
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On
Our Technical Watch: INCKEN
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Economic
Viewpoint: BNM MPC Meeting
NEWS HIGHLIGHTS
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Petronas
to focus on raising local output (Comments included in Kenanga Today)
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Scomi
receives RM2.1b Petronas drilling award (Comments included in Kenanga Today)
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PPB
Group plans RM592.0m capex over next 2 years
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Aeon
Co's RM65.0m plan to refurbish Aeon Big stores
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DiGi
to be included into FTSE/Asean 40 Index
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Digi
expands 3G coverage to 75.0% of populated areas by year-end
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Dijaya
to buy Tenaga Kimia for RM79.4m
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Dominant’s
unit buys land parcel for RM10.3m
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CLIQ
Energy aims to list on Bursa Malaysia by April 10
FOREIGN NEWS HIGHLIGHTS
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Chrysler
invites IPO pitches, leaves door open to Fiat buyout
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J.C. Penney Cutting 2,200 Jobs as Sales
Plunge
ECONOMIC
NEWS HIGHLIGHTS (MACRO BITS)
l BNM Keep Rates At 3.00%
l International Reserves Stand At RM429b
l Malaysia-Vietnam 2012 Bilateral Trade Hit RM28b
l Bank Of Japan Holds Fire, Braces For New
Leadership
l Indonesia Holds Rate As Inflation Limits Room To Spur Growth
l Jobless Claims Drop, Signaling Labor Market Gains
l Household Worth in U.S. Rises by $1.17 Trillion on
Housing
l Consumer Comfort in U.S. Improves to Highest Level This
Year
l Consumer credit increase largest in 5 months
l US trade deficit widens in January
l U.S. Productivity Fell in Fourth Quarter as Labor Costs
Rose
l ECB Keeps Rates Unchanged At 0.75%
l Bank Of England Rejects More Stimulus
l German Factory Orders Fall As Euro Crisis Curbs Demand
l French Unemployment Hits Highest In 14 Years
Currencies
l Euro Jumps After Draghi Remarks, ECB Decision
Commodities
l Crude Rises On Surprise Drop In U.S. Jobless Claims
l Gold Drops As Stimulus Hopes Fade, Payrolls Eyed