IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
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Sector
Update: Construction
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Results
Note: ECS, HARTA, MEDIA
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Quick
Bites: ALAM
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On
Our Technical Watch: CRESNDO, MRCB
NEWS HIGHLIGHTS
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F&N
reported 49.0% fall in 2Q net profit
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TM
has cash to settle RM2.0b sukuk
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Datasonic
secures RM18.7m project
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Sabah
Ports plans RM229.0m capital expenditure
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Hektar
REIT will upgrade malls
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Salcon
to buy asset in China
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Formis
plans Microlink buyout
FOREIGN NEWS HIGHLIGHTS
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SoftBank
to meet Sprint investors, many eye higher bid
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JPMorgan
said to agree to acquire tower for USD650.0m
ECONOMIC
NEWS HIGHLIGHTS (MACRO BITS)
l Moody’s Sees BN Election Victory As Credit Positive
For Malaysia’s Sovereign Rating
l Foreigners Buy Most Indian Stocks Since February On
Rates
l Australia
l Australian Exports To China
l RBNZ Tightens Lending Rules To Counter House Price
Increases
l Job Openings In The U.S.
l Consumer Credit In U.S.
l Online Sales Tax Plan Approved In US Senate
l German Factory Orders Rose In March In Sign Of
Recovery
l Portugal
Currencies
l Ringgit Advances Against Us Dollar, Highest Since
August 2011
l Aussie Dollar Falls
Commodities
l Brent Slips Towards $105 After Gains, Supply Worries
Stem Losses
l Gold Down Over 1 Pct As ETF Outflows Continue