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PETALING JAYA: Yinson Holdings Bhd’s share price has continued its uptrend following the group’s first Brazil contract win.
LPI Capital’s nine-month financial year 2019 (9M19) profit after tax and minority interest of RM235.8mil came in below estimates due to higher claims incurred.
KUALA LUMPUR: Kenanga research maintained its market perform rating on Malaysia Airlines Holdings Bhd as its 9MFY19 passenger growth of 4.8% came within its forecasts.
KUALA LUMPUR: The FBM KLCI was down in early morning trade as US stock futures plunged in after-hours trading on a report that the Chinese delegation might cut short its meeting in Washington.
KUALA LUMPUR: Kenanga Research is positive on the long-term prospect of the Ann Joo Resources and South Steel joint venture for the long product steel manufacturing business.
Analyst says history shows ‘quite convincingly’ that fourth-quarter returns tend to be positive.
KUALA LUMPUR: Kenanga Research is retaining its Underweight stance on the plantation sector with unchanged 2019 CPO price target of RM2,000 a tonne.
KUALA LUMPUR: The FBM KLCI broke under a key support level on Thursday as a slump in banking heavyweight Public Bank and other blue chips dragged on the index.
KUALA LUMPUR: Shares of Public Bank Bhd fell to a 52-week low of RM19.28 in late Thursday morning trade on sustained selling pressure on concerns about slower earnings growth.
KUALA LUMPUR: Bears were in control on Bursa Malaysia and key Asian markets following the overnight fall on Wall Street on global growth fears and US’s new trade war against the EU.