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Showing 121-130 of 2011
Booze bonanza for shops masks beer and spirits downturn
BRUSSELS (Reuters) - When Lionel Platteuw started planning how he would cope under Belgium's coronavirus lockdown, there was one item he wanted to make sure he had enough of - alcohol.
Earnings visibility for consumer players seen
PETALING JAYA: UOB Kay Hian Research sees high earnings visibility for consumer players like Nestle Malaysia Bhd and QL Resources Bhd on the Covid-19 pandemic possibly continuing into 2021 despite containment measures.
Asean markets, Bursa skid on US threat
KUALA LUMPUR: Asean markets including Bursa Malaysia fell in morning trade on Monday as the the US threat against China further dampened investor sentiment, already battered by the Covid-19 coronavirus.
Carlsberg reports first sales decline in two years
CARLSBERG A/S reported its first decline in quarterly sales in two years as lockdowns led to a slump in demand in China, where the Danish company has become one of the most prominent beermakers in recent years.
Tenaga powers Bursa higher, boost from positive China data
KUALA LUMPUR: Bursa Malaysia extended its gains on the final trading day of April, as investor sentiment was underpinned by the strong overnight close on Wall Street and positive China economic data.
MISC, Public Bank shore up KLCI
KUALA LUMPUR: Fund buying of MISC and Public Bank ensured the FBM KLCI ended Tuesday on a firmer note though the broader market was weaker.
Wall St optimism lifts Bursa, key Asian markets
KUALA LUMPUR: Bursa Malaysia and key Asian markets climbed in early Tuesday trade as investor optimism rode on the strong overnight close on Wall Street but the tumble in crude oil prices is expected to check gains.
KLCI gives up most gains on late selling of Tenaga, Petronas stocks
KUALA LUMPUR: Bursa Malaysia’s FBM KLCI pared all its hard-earned gains to close marginally higher on Monday due to late selling of Tenaga Nasional and Petronas stocks.
Tenaga closes lower, glove makers extend gains
KUALA LUMPUR: Bursa Malaysia and key Asian markets ended Friday lower as concerns about the widening impact of the Covid-19 pandemic continued to weigh on investor confidence as a vaccine was still elusive.
Tenaga leads KLCI lower, key Asian markets dip
KUALA LUMPUR: Power giant Tenaga Nasional weighed on the FBM KLCI early Friday, as investor mood in key Asian markets were subdued due to the inability to find a vaccine for the Covid-19 pandemic.
