NEWS HIGHLIGHTS
l Perisai to sell rest of stake in SJR Marine (Comments are included in Kenanga Today)
l Astro 3Q profit up 14% y-o-y; declares 1.5 sen dividend
l Maxis to provide 4G services in Sabah, Sarawaknext year
l Celcom Axiata to invest RM300m to support 4G
l Bintai Kinden clinches RM214.0m Singapore job
l Daya Materials unit lands RM108m contract
l Datasonic gets new MyKad contract
l Brahim's to focus on halal catering, in talks with carriers
l ESG index to make Bursadebut next year
FOREIGN NEWS HIGHLIGHTS
l Citigroup to cut 11,000 jobs, take USD1.0b charge
l General Atlantic to buy 31% stake in Brazil brokerage
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Malaysia
l Public Debt Level Will Be Kept In Check
Asia Pacific
l Indian Government Wins Controversial Foreign Retail Vote
l China HSBC November Services PMI Eases On Soft New Orders
l Australia’s Weakest Consumption Since 2010 Slows Growth
USA
l ISM Services Gauge Unexpectedly Rose In November
l ADP Says U.S. Companies Added 118,000 Workers In November
l Productivity Picks Up As Companies Cut Labor Costs
l Fiscal Cliff: Republicans Call For Meeting With President
Europe
l Euro-Area Manufacturing, Services Contract For 10th Month
l Ireland Budget: Local Property Tax Introduced
l Greece Downgraded To 'Selective Default' By S&P
l Osborne Says U.K.Growth Forecast Cut As Deficit Seen Wider
l UK Service Sector Growth Slows Again In November
l UK Warned On Debt 'Credibility' Over AAA Rating
l Finnish Economy Joins Euro Area In Recession On Investments
l Poland Cuts MainRate Second Month Amid Recession Threat
Currencies
l Dollar Up As SpainProblems Keep Pressure On Euro
Commodities
l Oil Eases On Weak Economic Data
l Gold Falls To One-Month Low On Fund Sales, Technicals
Source: Kenanga
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