Tuesday, November 19, 2013

News Bits | 19 November 2013


IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)

l  Sector Update: MEDIA

l  Results Note: CARLSBG, CIMB, IOICORP, MAS, MEDIA, SEG

l  On Our Radar: TGUAN

l  On Our Technical Watch: MATRIX, YINSON

 

NEWS HIGHLIGHTS

l  Tune Ins Q3 earnings surge

l  TH Plantations profit down 19%

l  Hibiscus Petroleum gets 2 more oil production licences from Norway

l  I-Berhad's 9-month profit jumps to RM14.4m

l  Pharmaniaga nets RM35.5m

l  Boustead to raise RM1.2b

FOREIGN NEWS HIGHLIGHTS           

l  Apollo acquires healthcare lender MidCap

l  BlackRock Set for Final Clash With AIG on BofA Deal

 

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)

Malaysia

l  Malaysia Seeks To Address China Trade Imbalance

Asia

l  Thai Economy Posts 1.3% Growth In Third Quarter

l  China's New Home Prices Rise At Record Pace

USA

l  Homebuilder Sentiment In U.S. Held In November At Four-Month Low

l  Foreign Buying Of U.S. Portfolio Assets Gains On Asia Demand

Europe

l  Bundesbank Says ECB Expansive Policy Currently Justified

Currencies

l  Dollar Pares Losses Against Euro And Other Currencies

Commodities

l  Brent Edges Down Toward $108; Iran Talks In Focus

l  Gold Falls As Physical Demand Lags, Breaks 3-Day Rise