Daniel Khoo

Recent and archived articles by Daniel Khoo

8 Feb 2018 | 7:00 AM

Mixed views on market selldown

PETALING JAYA: Some research houses have labelled the global equity sell-off as only temporary because there are no apparent risks to global economic growth.

Volatile market: A punter watching trading boards at a private stock market gallery in Kuala Lumpur. The FBM KLCI closed 24.23 points up yesterday after falling 40.62 points Tuesday. — AP
3 Feb 2018 | 7:00 AM

Steel recovery seen sustainable

Local mills spurred by growing demand as major projects roll out

2 Feb 2018 | 7:00 AM

Market turns cautious

PETALING JAYA: Investors are cautious and this may be what is keeping the equity markets in check after the recent highs achieved since the beginning of the year.

1 Feb 2018 | 7:00 AM

Rising ringgit drives up auto stocks

PETALING JAYA: Automotive stocks could get a continued upward bump if the ringgit’s recovery against the US dollar is sustained.

Ringgit impact: Customers viewing cars at a Toyota showroom in Petaling Jaya. Auto stocks that see their performance closely linked to the ringgit’s movement include Tan Chong Motor, Bermaz Auto and UMW, which imports and distributes Toyota cars in Malaysia.
31 Jan 2018 | 7:00 AM

Change of fortune for Lotte

PETALING JAYA: The fortunes of Lotte Chemical Titan Holding Bhd may finally be changing for the better after a series of unfortunate events last year.

30 Jan 2018 | 11:50 AM

SMTrack eyes turnaround

KUALA LUMPUR: SMTrack Bhd is eyeing a turnaround in its financial performance after it inked a collaboration agreement with VFTech Sdn Bhd.

In agreement: (from left) Azmi, Shahid and Sia at the signing ceremony between SMTrack and VFTech.
26 Jan 2018 | 7:00 AM

US dollar weakness seen persisting in short term

KUALA LUMPUR: The persistent weakness in the US dollar is surprising and could continue to persist in the short term, said Standard Chartered Bank’s global chief economist David Mann.

“Many people have been positioning for a short dollar around the world,” Mann(pic) said.
25 Jan 2018 | 1:16 PM

Undervalued ringgit currency of choice now, says StanChart

KUALA LUMPUR: A confluence of positive factors and a weak US dollar environment have placed the ringgit as one of the best currencies to own today, says Standard Chartered Bank’s global research macro strategist Mayank Mishra.

25 Jan 2018 | 7:00 AM

GE, recovering ringgit expected to continue to drive local bourse

KUALA LUMPUR: The local bourse’s underlying momentum is strong with factors such as the upcoming general election and strengthening ringgit aiding the bullish trend, said Affin Hwang Capital managing director Teng Chee Wai

On stock picks for Malaysia, Teng preferred banks such as Malayan Banking Bhd and CIMB Group Holdings Bhd, and Sime Darby Bhd. “We have a huge position on Sime Darby and we think the valuations are still cheap here while the street’s forecast price projections are even much higher.
24 Jan 2018 | 7:00 AM

Mah Sing expects better property sentiment this year

KUALA LUMPUR: Mah Sing Group Bhd is expecting property sentiment and demand to improve this year due to the improving economic landscape

 Mah Sing Group's managing director Tan Sri Leong Hoy Kum (centre) speaks during a press conference at Invest Malaysia 2018. Together with him are CEO Datuk Ho Hon Sang (right) and executive director Datuk Steven Ng (left).