Tuesday, 30 October 2012

Kenanga Today - 30 Oct 2012


NEWS HIGHLIGHTS
l Proton ties up with Honda
l RedTone posts net profit RM2.0m in 1Q
l Nylex's Q1 revenue up 34.5% to RM441.7m
l Bank Rakyat pre-tax profit jumps to RM1.6b
l NCB Q3 pre-tax profit drops to RM51.8m
l MRT Corp awards RM107m deals
l Mudajaya accepts job to build hotel
l Aeon Co may announce RM764.8m Carrefour buy this week
l Petronas to renew bid to secure Progress Energy deal
l MAS to join oneworld on Feb 1 2013

FOREIGN NEWS HIGHLIGHTS
l Rosneft to buy BP out of TNK-BP
l Singapore Air buys 10% of Virgin Australia amid airline shakeup


ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Global
l Global Consumer Confidence Ticks Up
Asia
l Moody's Upgrades Philippines, Investment Grade Beckons
l India Pledges Fiscal Deficit Cut But Short On Specifics
USA
l Consumer Spending In U.S. Increases 0.8% As Incomes Climb
l U.S. Treasury Lowers Borrowing Estimate By $29 Billion
Europe
l Spain Retail Sales Decimated By VAT Hike
l UK Consumer Credit Posts Biggest Rise In Over 4 Years
Currencies
l Dollar Buoyed As SandyMenaces East Coast
Commodities
l Oil Falls Below $109 As Hurricane Shuts Refineries
l Gold Down On Economic Worry, Volume Light Due To Storm

Source: Kenanga

No comments:

Post a Comment