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KUALA LUMPUR: The relaxation of movement control measures will be viewed positively by the market as this reduces corporate earnings risk concerns, CGS-CIMB Equities Research says.
KUALA LUMPUR: CGS-CIMB Research expects crude palm oil (CPO) price to trade at between RM3,200 and RM3,700 per tonne in March 2021.
HONG KONG: One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd and Xiaomi Corp while some current heavyweights could face selling pressure, according to analysts and fund managers.
KUALA LUMPUR: With a surprisingly strong finish to 2020, Bumi Armada Bhd could potentially see better earnings this year on the back of improved fundamentals.
MANILA, March 1 (Reuters): Philippines, Indonesia and Singapore stocks climbed about 1% on Monday as bond markets ended last week on a calmer note and regional manufacturing activity indicated that a gradual recovery was still on track.
PETALING JAYA: While rising commodity prices pose a challenge to the food and beverage industry this year, Nestle (M) Bhd will likely see its margins somewhat protected, thanks to the company’s hedging policy.
PETALING JAYA: IOI Corp Bhd is expected to post robust earnings for the second half of its financial year ending June 30,2021, driven by its plantation segment on rising crude palm oil (CPO) prices.