Snapshots


Rexit Bhd was among the top volume gainers with its share gaining 5 sen, or 10.42%, to close at 53 sen with 7.5 million shares traded after its subsidiary, Rexit Software Sdn Bhd, signed a RM3mil service agreement with Allianz General Insurance yesterday, dealers said. Under the agreement, Rexit would supply its proprietary Integrated Insurance Management System to Allianz. “Investors are maintaining expectation of the company's growth potential,” said a dealer at a local brokerage. 

 REXIT :  [Stock Watch]  [News

INIX Technologies Holdings Bhd fell 1½ sen, or 2.24%, to close at 65 sen yesterday. However, dealers did not see this as a negative impact on prices, as the company is one of Malaysia's major players in the intelligent home systems market. “The counter share price fall was mainly due to profit-taking activity after recent gains,” said a dealer. 

 INIX :  [Stock Watch]  [News

MAA Holdings Bhd share price closed down 12 sen, or 3.14%, to RM3.70 yesterday after its latest financial results fell short of investors’ expectations, dealers said. The company recorded a net loss of RM2.03mil, or 1.33 sen a share, for its third quarter ended Sept 30. “Investors were still selling due to the weaker-than-expected results,” said a dealer. 

 MAA :  [Stock Watch]  [News

For latest MSEB indices, charts and other information click here

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

CPO futures seen trading higher next week on improved sentiment, may hit RM5,050
US to lift restrictions Nov 8 for vaccinated foreign travelers
China aluminium firm Zhongwang flags 'severe difficulties' at subsidiaries
Toyota cuts November output, after supplies slowed from Malaysia and Vietnam
Oil prices rise to three-year high on back of supply deficit forecasts
World stocks notch best day in 5 months
DNB gets Malaysia ready for 5G
Telcos post-5G rollout
Short Position - Listed companies, healthcare valuations, demographic dividend
A perfect storm driving energy prices

Others Also Read


Vouchers