Tuesday 22 January 2013

Kenanga Today - 22 Jan 2013


NEWS HIGHLIGHTS
l TNB signs 3 deals for RM2.5b Prai power plant
l Tenaga-Kuwait JV gets RM1.0b contract to run Kuwaiti power plant
l Magana Prima to launch over RM2.0b projects this year
l Seadrill, SapuraKencana extend due diligence process
l Mah Sing: Overwhelming response for Aspenbungalows
l No general offer, says Tiger Synergy
l Bright Packaging dangles dividends

FOREIGN NEWS HIGHLIGHTS
l America Movil to acquire unit of Mexico's CIE
l Atari U.S.operations file for Chapter 11 bankruptcy

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Malaysia
l M’sia-India Trade To Hit RM45bil
Asia
l BOJ Holds First Policy Meeting Under Abe Govt
Europe
l Spain Recession Scars Exposed As Jobless Seen At 6 Mln
l UK: Shopper Numbers Fell In December, Says BRC
l U.K. Finance Industry To Cut 43,000 Jobs, CBI Survey Says
Currencies
l U.S. Dollar Firm As Yen Bounces Back
Commodities
l Oil Edges Lower On Oversupply Concern
l Gold Firms As U.S.Budget Talks Lift European Stocks

Source: Kenanga

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