Journey to Wealth
Kenanga Today : 5 July 2012
Kenanga Today
IDEAS OF THE DAY (SEE SEPARATE REPORTS FORDETAILS)
- IPO Notes: OCK Group
- Company Update: Bursa Malaysia
- Economic Viewpoint: Malaysia External Trade
NEWS HIGHLIGHTS
- MMC to submit proposal on KTMB
- MRT Corp awards two more jobs worth RM1.6b
- Genting M'sia restructures UK subsidiaries
- Sime Darby set to seal Battersea deal
- YTL buys back 17.9m of its own shares for RM36.5m
- AirAsia X, MAS to fly to Nepal
- IHH eyes China, India after flotation
- NTPM takes lease on Vietnamese Land
FOREIGN NEWS HIGHLIGHTS
- Exxon Mobil said to explore sale of German Esso gas stations
- Volkswagen aims to wrap up Porsche purchase on Aug 1
ECONOMIC NEWSHIGHLIGHTS (MACRO BITS)
Malaysia
- Exports In The Month Of May Grew By 6.7% YoY,
- Ron97 Petrol Price Dips To RM2.60.
Europe
- Weak Eurozone Services Data Ahead Of ECB Rate Decision.
- Eurozone Retail Sales Edge Up But Trend Still Weak.
- Italy's Budget Deficit Widens In First QuarterOf 2012.
- Hollande Unveils 7bn-Euro Tax Rise For Rich And Firms.
Currencies
- Dollar Gains In Thin Trading.
Commodities
- Oil Declines From One-Month High On Fuel Demand Concern
- Gold Steadies, Nearing Highest In Two Weeks
Source: Kenanga
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