NEWS HIGHLIGHTS

RESULTS NOTE

· AMMB Holdings (HOLD; RM4.75; TP: RM4.90) - Inline



TECHNICALS

· KLCI - More sideway action



NEWS HIGHLIGHTS

· MAS unveils Golden Lounge in Heathrow’s T4

· Govt withdraws vehicle end-of-life policy

· CCM plans revamp

· YTL Com to sign pacts with several partners

· SP Setia builds on winning formula

· Kinsteel profit down on lower steel prices

· Sime Darby forms unit in China

· Seven banks expected to rake in RM318mil in fees for maxis listing

· Proton chairman offers to take Transocean private



ECONOMIC NEWS HIGHLIGHTS

· Bank Negara reserves at RM335b



FOREIGN NEWS HIGHLIGHTS

· Wall St. rises 3% for week on Friday's slim gain

· US stocks eye retailers as jobless ranks swell

· China Merchants Securities to hold $1.6 billion IPO in Shanghai

· India may lead G20 in stimulus exit as Singh signals wind back