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Joseph Chin

Recent and archived articles by Joseph Chin

24 May 2019 | 5:33 PM

KLCI closes in the red again on late selling

KUALA LUMPUR: Investors' hopes of a firmer close for Bursa Malaysia evaporated as late selling pressured by foreign funds on key stocks including Sime Plantation, Tenaga Nasional and IHH Healthcare sent the FBM KLCI below the key 1,600 level.

24 May 2019 | 9:32 AM

KLCI ekes sight gains as Petronas stocks, Genting edge higher

KUALA LUMPUR: Blue chips managed to edge higher early Friday after an initial slump, with Petronas-linked stocks, Genting and Tenaga Nasional shoring up the FBM KLCI.

23 May 2019 | 6:01 PM

KLCI clings on to 1,600 level, Petronas Chemical weighs

KUALA LUMPUR: Blue chips closed lower on Thursday amid a weakening broader market, tracking the key Asian and European bourses as worries about the costs of the rising US-China trade war weighed on investor sentiment.

23 May 2019 | 10:06 AM

Dayang Q1 net losses reduced, order book nearly RM3b

KUALA LUMPUR: Dayang Enterprise Holdings Bhd’s managed to reduce its net losses in the first quarter ended March 31, 2019 as work orders picked up and it expects to perform better with an order book of nearly RM3bil and firm oil prices.

On the outlook, Dayang said after registering a solid financial performance in 2018, it had a good start of the year with healthy results in the first quarter of 2019 which also represented its best first quarter results since 2016.
23 May 2019 | 9:29 AM

Another very tough day for Bursa

KUALA LUMPUR: Bursa Malaysia got off to a weak start on Thursday with the FBM KLCI falling more than 0.8% as Petronas-linked stocks and Public Bank lost ground.

21 May 2019 | 5:39 PM

Selling of IHH pushes KLCI into the red

KUALA LUMPUR: Foreign selling of key stocks including IHH Healthcare and Genting in afternoon trade on Tuesday pushed the FBM KLCI into the red though Tenaga and RHB Bank help provided some support.

21 May 2019 | 9:24 AM

Tech stocks under pressure after Nasdaq slump

KUALA LUMPUR: Tech-related stocks fell in early Tuesday trade, following the overnight slump of the Nasdaq on growing worries about the fallout from the US imposed curbs last week on China's Huawei.

17 May 2019 | 6:12 PM

KLCI closes off day's best, volume shrinks ahead of long weekend

KUALA LUMPUR: Blue chips ended Friday off their day's best while trading volume shrank ahead of the long weekend as the volatile US-China trade conflict continued to weigh on investor sentiment.

17 May 2019 | 9:27 AM

KLCI edges past key 1,600 as key Asian markets climb

KUALA LUMPUR: Blue chips managed to chalk up some gains early Friday with Petronas Dagangan and KL Kepong taking the lead, encouraged by the firmer key Asian markets, after the late selldown the previous day.

16 May 2019 | 5:36 PM

Late selling sends KLCI below 1,600; Leong Hup unchanged

KUALA LUMPUR: Late selling pressure on Public Bank, Maybank and Tenaga Nasional forced the FBM KLCI to close below the key 1,600 level on Thursday while Leong Hup International ended its first trading day unchanged.