Daewoo Global Markets US Markets Eurozone European markets lost any small gains Tuesday to close lower in what had been a choppy day of trading, as inve stors digested a new batch of earnings while keeping an eye on the oil price. After jumping as much as 3 percent on Monday, oil prices remained a key focus for investors on Tuesday, as pric es saw renewed pressure in trade. On Monday, major oil producers Saudi Arabia and Russia said a deal between OPEC and non-OPEC prod ucers was possible, when it came to curbing the current output seen in crude. However, investors showed do ubt on Tuesday as to whether this potential deal would be enough, with Goldman Sachs publishing its own note, in which it said it was skeptical about the deal, however. Political news could also have some influence on markets on Tuesday, after a poll showed that Democratic presi dential nominee Hillary Clinton has doubled her lead over her Republican rival Donald Trump. Meanwhile in Asia, shares finished mixed Tuesday, with Samsung Electronics in focus after the stock closed 8 p ercent lower. The company said it was permanently stopping sales and production of the Galaxy Note U.S. stocks on Tuesday posted their biggest percentage drop since early September after aluminum giant Alco a Inc.’s results cast a shadow over the broader market as third-quarter earnings season got under way. A stronge r dollar and a retreat in oil prices also hurt sentiment. Alcoa shares skidded 11% after the company reported results that missed expectations. That is the biggest daily percentage drop for the stock since Aug. 8, 2011, according to FactSet data. Some analysts also pointed out that rising expectations for a rate increase in December are pushing up the dollar as well as Treasury yields. In other currencies, the pound marked fresh losses after media reports of leaked government papers that predi ct the country stands to lose £66 billion ($81.1 billion) a year in tax revenue in the event of a clean break with t he European Union, or a “hard Brexit.” Oil prices slipped after the International Energy Agency said production from the Organization of the Petrole um Exporting Countries rose to record highs in September (+160,000 barrels a day to a record million barrels a day).

Daewoo Indonesia Equity Movers (October 11, 2016) Investment Information Team *ITMG +7.1%, posted the largest increase in mining sector amid rising coal prices. Coal price at A ustralia’s port of Newcastle (benchmark for Asian contracts) +1.4% this week, 7th consecutive wee kly rise (+68% ytd). Indonesia raises October benchmark coal price to $69.07/ton. Indo Tambangr aya raised to 'Buy' at Samuel Sekuritas. *ANTM +5%. Antam will finalize Pomalaa ferronickel project, which is marked by the completion of 2x30 MW PLTU worth USD145 million. *INDY +1.4%. Co. will focus on reducing debt, cutting costs and reorganizing through 2017 to mai ntain financial stability. *TRAM +5.5% amid rumors on the completion of debt issues to International Finance Corporation (IFC), which reportedly has been repaid. *SMGR -2.9% after Supreme Court won a legal suit of farmers in Rembang and WALHI resulting i n cancelation of environmental permit for co.’s factory in Rembang, Central Java. *PNBN -1.8%. Bank Pan Indonesia to offer a 5-year bond worth IDR2.125 trillion.