IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
l Quick Bite: MAHSING
l On Our
Technical Watch: TEBRAU, THHEAVY
NEWS HIGHLIGHTS
l Perisai Petroleum’s associate starts work on USD272.1m
deal at North Malay Basin
l Goldis posts higher pre-tax profit in Q3
l MBSB targets 15% rise in revenue, focus on corporate
business
l Destini bags RM46.3m defence contract
l SCH Group to be listed on Ace Market by end January
2014
l Hytex plans EGM to sack exec chairman, MD
FOREIGN NEWS HIGHLIGHTS
l Santander ups bet on China with Bank of Shanghai stake
l Starbucks slumps on analyst’s report of sales slowdown
ECONOMIC NEWS HIGHLIGHTS (MACRO
BITS)
l China’s Retail Sales Accelerate As Factory Output
Slows
l Rising Job Openings Show U.S. Companies Poised To Hire
l Manufacturers In U.S. ‘Optimistic’ About Growth In
2014
l U.K. October Industrial Production Rises For A Second
Month
l UK : Gap Between Goods Exports And Imports Narrows
In October
Currencies
l U.S. Dollar
Falls Below ¥103
Commodities
l U.S. Crude Gains $1 On Anticipated Inventory Draw
l Gold Up 2 Pct On Technicals, Fund Buying