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The uncertainties caused by Brexit
Amid Brexit and global growth uncertainties, those receiving revenue in US dollars may consider selling US dollars against the ringgit as a hedge.
Blue chips shake off early caution as crude oil climbs
KUALA LUMPUR: After a hesitant start on Wednesday, blue chips followed key Asian markets higher following the overnight rebound on Wall Street and crude oil prices advanced.
Weak start for Bursa Malaysia after MSCI review
KUALA LUMPUR: Blue chips extended their losses in early Monday trade as investor sentiment was battered after MSCI’s move to reduce its weightage for Malaysian stocks which comes into effect on June 1.
Market continues to head south, Petronas stocks fall
KUALA LUMPUR: Blue chips continued to lose ground on Friday, with the FBM KLCI down nearly seven points as funds took profit on Petronas-related stocks, banks and plantations.
KLCI wavers early Thursday on uncertainty over oil price
KUALA LUMPUR: Blue chips wavered in early Thursday trade, with the FBM KLCI lacking strong direction after the fresh negative news on crude oil price direction.
KLCI off to cautious start in April as Genting weighs
KUALA LUMPUR: Blue chips kicked off April on a cautious note with the FBM KLCI falling more than five points on profit taking, dragged down by Genting Bhd but the firmer China manufacturing data should shore up sentiment.
Trading ideas: MMC, Gamuda, Pstech, WCT, Econpile
KUALA LUMPUR: JF Apex Research expects MMC, Gamuda, Pstech, WCT and Econpile to be among the stocks to watch on Friday after their corporate announcements.
Pestech wins double tracking facility contract
PETALING JAYA: Engineering firm Pestech International Bhd was awarded a RM318mil contract for the upgrading of the Klang Valley Double Track infrastructure facility.
Bursa highlights for Thursday, March 31
Companies that made notable announcements on Thursday included AIRASIA, ECONPILE, GAMUDA, MMC, PARKSON, PESTECH, SUNWAY BHD, WAH SEONG and WCT,
Pestech wins RM318mil job to improve KTM's systems
KUALA LUMPUR: Pestech International Bhd has won a RM318mil contract to build and maintain the systems works under the project to upgrade KTM’s Klang Valley double track (KVDT) infrastructure and systems.
