Maintain Hold: A mixed result amid headwinds Hold: Solid earnings largely on non-recurring drivers;growth potential already priced-in Buy: Q2 earnings – not great but not bad Brent back at USD60/b; mixed impacts to the downstream refining and petrochemicals India: October Manufacturing PMI loses momentum Rates Insights Flash Notes ASEAN Perspectives: When reforms meet politics Reduce: Still benefiting from low input costs Hold: No major surprises