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MAS rights shares fall again in active trade
KUALA LUMPUR: Malaysian Airline System Bhd's (MAS) rights shares tumbled in very active trade on Wednesday, closing at three sen only, on its second day of trading.
Supermax trades higher, Affin Research lowers TP to RM2.32
KUALA LUMPUR: Shares of Supermax Corporation rose to a high of RM2.06 on Friday despite its lacklustre financial results, which prompted Affin Investment Research to reduce the glove maker from "Buy" to "Add".
Trading ideas: Genting Bhd, MMC, Genting Malaysia, Sunway
KUALA LUMPUR: Hwang DBS Vickers Research (HDBSVR) expects Genting Bhd, MMC Corporation, Genting Malaysia and Sunway to see trading interest on Friday following the release of financial results.
Rising interest in small caps, lower liners
KUALA LUMPUR: Blue chips on Bursa Malaysia eked out small gains but the overall sentiment was steady, with rising interest in small capitalised and lower liners as more retail investors ventured into the market.
BIMB surges to multi-year highs of RM3.95
KUALA LUMPUR: Shares of BIMB Holdings Bhd surged to multi-year highs of RM3.95 on Friday on recent news that it was nearing the completion of its purchase of a 30.5% stake in Bank Islam Malaysia Bhd.
YTL's shares rise after analysts initiate "Buy" call
KUALA LUMPUR: YTL Corporation’s shares rose after analysts gave positive views on the company after it posted a higher than expected net profit of RM1.33bil for the financial year ended June 30, 2013.
O&G-based Deleum climbs, eyes RM2b contracts
KUALA LUMPUR: Shares of Deleum Bhd rose to a high of RM3.35 early Friday, riding on the wave of the strong interest in oil and gas (O&G) counters, after it announced it was tendering for RM2bil contracts this year.
Bumi Armada sees 216.35m shares crossed off-market
Bumi Armada Bhd's 216.35 million shares were transacted in several off-market deals on Friday at an average price of RM3.95.
HDBSVR expects Spain ratings downgrade to impact sentiment
Hwang DBS Vickers Research said although key US equity indices were up between 0.1% and 0.7% on Thursday night, Asian equities could swing in the opposite way when trading resumes onFriday.
Bumi Armada slips on report of 15% stake sale at discount
Bumi Armada Bhd's shares and its call warrants fell on Friday on a news report that the major shareholders would dispose of about 15% of the shares in a private placement at a discount.
