IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
l
Result
Notes: CIMB, COASTAL, DAYANG, KOSSAN, MRCB,
l
Quick
Bites: AXIATA
l
On
Our Radar: OCK
l
On
Our Technical Watch: DAYANG, HUPSENG
NEWS HIGHLIGHTS
l
Petronas
net profit slips to RM15.3b in Q2
l
PNB
declares 6.7 sen dividend for ASW2020, highest in 5 years
l
Matrix
Concepts to build RM250.0m mixed development in KL
l
Bina
Puri pre-tax profit falls to RM2.9m
l
Encorp
wins RM180m job
l
Tune
Ins Q2 earnings surge 136% to RM16.3m
FOREIGN NEWS
HIGHLIGHTS
l
ING
sells Korean life insurance unit for USD1.7b to MBK
l
Telefonica
wins Slim over with sweetened German deal
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
l Thai Exports Fall For Third Straight Month
l Japan
l China
l China
l Durable-Goods Drop Imperils Outlook For U.S.
l Obama Administration Sees Mid-October Default Deadline
l Govts Told Not To Rely On ECB To Solve Crisis
l Greece
Currencies
l Dollar Seesaws As Business Orders Take A Hit
Commodities
l Brent Rises Above $111 On Syria ,
U.S.
l Gold Breaks Above $1,400 On Weak U.S.