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Business 10 Dec 2013 | 9:41 AM

UMW Oil & Gas climbs as CIMB Research ups target price

KUALA LUMPUR: UMW Oil & Gas Bhd’s share price advanced in active trade on rising optimism for the company as CIMB Equities Research initiated coverage with an Outperform call.

Business 10 Dec 2013 | 9:26 AM

Malaysia’s blue chips stage mild pullback

KUALA LUMPUR: After advancing to an all-time high on Monday, Malaysia’s blue chips gave up part of their gains early Tuesday with HLFG, Maxis and FGV among the decliners.

Business 10 Dec 2013 | 8:49 AM

Trading ideas: Hibiscus, GLCs, water stocks

KUALA LUMPUR: JF Apex Research expects special acquisition companies (SPACs), government-linked companies (GLCs), blue chips counters and Selangor water-related stocks to see trading interest on Tuesday.

Business 10 Dec 2013 | 12:00 AM

KLCI hits record on positive forecasts and strong US data

PETALING JAYA: Key blue chip stocks led by Malayan Banking Bhd and SapuraKencana Petroleum Bhd climbed yesterday on improved earnings outlook to lift the the FTSE Bursa Malaysia KL Composite Index (FBMKLCI) to a new high.

Business 09 Dec 2013 | 5:13 PM

Window dressing sends KLCI to record close (Update)

KUALA LUMPUR: Window dressing sent the FBM KLCI to its highest ever close on Monday, with the 30-stock index at 1,841.87 on local fund buying of banks, plantations and Petronas stocks.

Business 09 Dec 2013 | 12:46 PM

KLCI continues winning streak, eyes 1,840 (Update)

KUALA LUMPUR: Malaysia’s blue chips climbed in thin trade on Monday, with the FBM KLCI eyeing the 1,840 level, underpinned mainly by strong local funds buying of Petronas stocks.

Business 09 Dec 2013 | 10:36 AM

TSH Resources surges to record high on RM150m deal

KUALA LUMPUR: TSH Resources Bhd’s share price surged to its all-time high of RM3.04 on Monday as analysts raised their target price for the plantations company which embarked on a RM150mil plantation purchase.

Business 09 Dec 2013 | 9:37 AM

KLCI climbs past 1,830 as IOI Corp, Petronas stocks advance

KUALA LUMPUR: Malaysia’s FBM KLCI advanced past the 1,830 level early Monday, reflecting the firmer market sentiment for blue chips in line with the key regional markets.

Business 09 Dec 2013 | 9:01 AM

Trading ideas: IOI Corp, Dayang, Puncak Niaga, KPS, Gamuda

KUALA LUMPUR: Hwang DBS Vickers Resarch expects IOI Corp, Dayang Enterprise, Puncak Niaga, Kumpulan Perangsang Selangor (KPS) and Gamuda to see trading interest on Monday following the fresh newsflow.

Business 07 Dec 2013 | 12:00 AM

Window-dressing set to continue

Bursa Malaysia started out the week almost flat, with the FBM Kuala Lumpur Composite Index (FBM KLCI) rising 0.03 points to 1,812.75 amid dearth of fresh market-stimulating leads on the horizon.