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Kenanga Today - 20 Nov 2012

kiasutrader
Publish date: Tue, 20 Nov 2012, 09:32 AM
NEWS HIGHLIGHTS
- JobStreet 3Q profit up 37.5% on stronger online job postings
- China Stationery 3Q profit up 98% on higher sales
- CIMB to be top regional financier for big SGD13.1b Singaporedeal
- Matang, Scope agree on deal
- Tatt Giap to sell 49.0% stake in unit for RM20m
- NTPM invests USD19.0m in Vietnam plant
- Bina & Kuari clinches UEM road-paving job
- Bina Goodyear may be under PN17

FOREIGN NEWS HIGHLIGHTS
- Hedge fund Tiger Global discloses big Groupon stake
- JPMorgan appoints Marianne Lake to replace Braunstein as CFO

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Malaysia
- Malaysia Vehicle Sales Accelerate 20.7% To 55,358 In October

Asia
- Thai Post-Flood Recovery Slows As Global Demand Cools
- China Home Price Rise Indicates Small Rebound In Demand

USA
- US Home Sales Continue To Rise

Europe
- Moody's Strips France Of Triple-A Rating, Downgrades One Notch
- Troika Says Portugal's Economic Program On Track
- Spain's Banks See Bad Debts Hit New High
- UK's Cameron Pledges To Lower Hurdles To Growth

Currencies
- Dollar Falls As Cliff Hopes Boost Stocks

Commodities
- Oil Rises 2.5% On MideastTensions, US Optimism
- Gold Firms, Buoyed By Middle East

Source: Kenanga
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