Friday, 12 July 2013

CIMB Daybreak - 12 July 2013

What’s on the Table...

  • Daibochi Plastic & Packaging - A little stretched
  • Sunway Bhd - Adjusting for rights issue
  • Alpha Edge - S&P500 to test new-year highs?
  • Economic Update - May IPI: recovery not yet assured
  • Economic Update - July's MPC meeting: no "compelling" reason to act


News of the Day...

  • IOI Corp propose to distribute 2.16bn IOI Prop shares on a 1:3 basis
  • Foreign investors own 51.9% stake in AirAsia
  • PKNS Holdings is not selling its 30% stake in the PJ Sentral development
  • AZRB secures projects worth RM171.5m from Universiti Teknologi Malaysia
  • Bank Negara Malaysia (BNM) maintains the overnight policy rate at 3% yesterday
  • Bank of Japan maintained its course on its unprecedented monetary stimulus
  • US jobless claims rose 16,000 to 360,000 in the 6 Jul week


Click here for the full PDF report 

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