Kenanga Research & Investment

Kenanga Today Highlights - 12 Jan 2024

kiasutrader
Publish date: Mon, 18 Dec 2023, 10:47 AM

NEWS HIGHLIGHTS

  • Hume Cement sells Prai industrial plot for RM39.8m
  • Rapid Synergy highlights proposed disposal of landed properties inUMA reply, hits limit down for second straight day
  • Atlan's 3Q profit rises 9.5% to RM6.5m, declares four sen dividend
  • Fajarbaru's RMAF Butterworth base redevelopment contract sumrevised higher to RM16.3m
  • Warisan appointed Malaysia's sole distributor for China GAC AIONEVs

MACRO BITS

  • Xi elevates China’s ties with record number of nations to counterUS
  • Russia and Iran end SWIFT, start bank transfers in local currency —report
  • Unemployment rate fell to 3.3% in November on a steady employment growth (See Economic Viewpoint: Malaysia LabourMarket)
  • Anwar to meet Singapore's Lee on Thursday over RTS Link, Johor Singapore special economic zone
  • Rafizi: Govt will not arbitrarily impose progressive wage policy
  • Encourage domestic tourism to boost economic recovery, say tourism industry players
  • Rice prices in Asia poised to stay elevated on tight market
  • China credit woes ease as big borrowers reveal payment plans
  • Japan's Nov real wages down for 20th straight month
  • Yellen says clean energy tax credits will help Americans save money, more work needed
  • Fitch no longer expects a US recession, forecasts three rate cuts
  • Eurozone facing weak growth, possible recession, ECB's deGuindos says
  • BOE official sees ‘exuberance’ as top financial stability risk

 

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