IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
l Quick Bites: IOICORP
l On Our Radar: INARI
l On Our Technical Watch: HIAPTEK, PTARAS
NEWS HIGHLIGHTS
l SapuraKencana Petroleum Berhad award of contracts
(Comment included in Kenanga Today)
l Inari Amertron to allocate up to RM40.0m capex to
raise capacity
l Mesiniaga appoints new MD
l AirAsia X to ink major Airbus deal
l Silk Q1 profit lower due to higher costs
l Barakah hits record on Saudi job prospect
FOREIGN NEWS HIGHLIGHTS
l AIG sells aircraft leasing wing to focus on insurance
l Avago will buy LSI for USD6.6b to gain storage chips
ECONOMIC NEWS HIGHLIGHTS (MACRO
BITS)
l Central Bank: M'sia Well Prepared To Face
Us Quantitative-Easing
l IMF: BNM Strategies Help Make Malaysia 's
Financial System Resilient
l Report On Illicit Financial Outflows
Grossly Overstated: BNM
l GST Will Mitigate Trade Mispricing, Says
BNM
l ETP Attracted Rm220bil Investments In 3
Years
l Nov Vehicle Sales Fall 2% On-Year To
52,252 Unit
l Tankan: Japanese Business Mood Rises To
Six-Year High
l China Manufacturing Index Unexpectedly Drops
l India Inflation Speeds Up To 14-Month High Of
7.52%
l Production Gain Shows U.S. Factories To Spur Growth
l Canada Consumer Sentiment Falls On Waning Housing Outlook
l PMI Surveys Raise Fears That France
May Be Back In Recession
l Portugal Passes 'Troika's' Bailout Review
Of Its Economy
Currencies
l Dollar Falls Broadly Ahead Of Fed Meeting
Commodities
l Oil Rises On Libyan Outages, EU Data
Signals Demand
l Gold Rises On Short-Covering Rally, Fed In
Focus
Kenanga Coverage Rating
Summary -
(Please refer to the attached)