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Markets

Tenaga powers KLCI higher again

KUALA LUMPUR: Tenaga Nasional, Petronas Gas and Sime Darby helped extend the FBM KLCI’s gains for the second day on Tuesday despite the weaker overnight close on Wall Street.

Business

Three sectors shine despite gloomy economy

IT is not all doom and gloom for some sectors on Bursa Malaysia that have to deal with the weak ringgit and sluggish economy.

Business

KLCI lower in early Wednesday trade

KUALA LUMPUR: Blue chips fell in early Wednesday trade, bogged down by losses in Petronas Gas and Public Bank on mild profit taking after the flat close on Wall Street.

Business

Trading ideas: Daibochi, JAKS Resources, Dialog, HeveaBoard

KUALA LUMPUR: JF Apex Research expects Daibochi, JAKS Resources, Dialog Group, HeveaBoard and Dutch Lady to be among the stocks to watch on Wednesday.

Business

KLCI gives part of gains on Tuesday as ringgit ends flat (Update)

KUALA LUMPUR: The FBM KLCI closed higher on Tuesday, underpinned by mild buying of IHH Healthcare, Axiata and Public Bank, but it was off the day’s best as the ringgit give up part of the day’s gains. Foreign funds continued to reduce their stakes but at a much slower scale.

Business

Some small cap shares worth looking at, during these tough times

SELECTIVE small cap consumer stocks seem to be weathering the weak sentiment on the Kuala Lumpur stock market quite well as they represent resilient stock picks for the longer term.

Business

Glovemakers rally on Bursa

KUALA LUMPUR: Shares in export-oriented companies, led by big glovemakers, rallied to new highs on Monday as investors expect the weaker ringgit will boost their earnings.

Business

MIDF Research sees higher revenue for Daibochi

KUALA LUMPUR: MIDF Research expects further revenue growth and increased efficiency for Daibochi Plastic and Packaging Industry Bhd (Daibochi), underpinned by new product and new potential customers.

Markets

Greece woes dampen investor appetite risk for equities

KUALA LUMPUR: Key Asian markets including Bursa Malaysia fell in early Thursday trade as the ongoing talks between Greece and the European Union leaders failed to produce a viable solution.

Business

Daibochi earmarks capex of RM15mil for 2015

MALACCA: Leading flexible packaging manufacturer Daibochi Plastic and Packaging Industry Bhd has earmarked RM15mil in capital expenditure (capex) for the financial year ending Dec 31, 2015 to expand manufacturing operations.