Recent and archived articles by Joseph Chin
KUALA LUMPUR: The new trading month of May started on a cautious note with the FBM KLCI weighed down by MAHB, Digi and Maxis but there was some nibbling seen in banks and Tenaga Nasional.
KUALA LUMPUR: Bursa Malaysia was in the red at the start of Tuesday trade, in line with the cautious key Asian markets, while weighing down the FBM KLCI were Hong Leong Bank and Tenaga Nasional.
KUALA LUMPUR: Trading volume and value of shares traded on Bursa Malaysia fell after the settlement date for payment of shares bought was reduced to two days (T +2) from three with effect from Monday.
KUALA LUMPUR: Seacera Group Bhd, which has become a Practice Note 17 company, saw 22.91 million of its shares crossed in an off-market deal on Monday.
KUALA LUMPUR: Public Bank Bhd posted slightly higher net profit in the first quarter ended March 31, 2019 mainly due to lower loan impairment allowance and higher investment income when compared with a year ago.
KUALA LUMPUR: Blue chips fell in early Monday trade, weighed down by losses in Public Bank , Maxis and Petronas Chemical in the absence of any strong leads from institutional players.
KUALA LUMPUR: Maxis' stronger first quarter results gave the FBM KLCI a boost on Friday but the broader market showed some caution and trading volume shrank to below three billion shares.
KUALA LUMPUR: The major shareholders of Yee Lee Corporation Bhd, which own a combined 58.41% stake, have launched a voluntary takeover to acquire the remaining shares at RM2.33 per share.
KUALA LUMPUR: Blue chips closed sightly lower on Thursday as Tenaga Nasional, CIMB and IHH Healthcare slipped on profit taking while the undertone of the overall market was cautious amid the mixed key Asian bourses.
KUALA LUMPUR: Genting Bhd and Petronas Dagangan helped the FBM KLCI eke out marginal gains early Thursday as investors looked towards institutional players to take the lead.