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PETALING JAYA: The ringgit could weaken further against the US dollar this week, following the 0.39% week-on-week (w-o-w) depreciation witnessed in the previous week, according to Kenanga Research.
KUALA LUMPUR: Petronas Dagangan Bhd faces a bleak outlook as the global travelling restrictions are compounding earnings pressure from lacklustre domestic demand growth, says Kenanga research
Oil and gas stocks in focus as investors shift attention from healthcare
PETALING JAYA: Gas Malaysia Bhd which has been lowering its cost to cushion the impact of the movement control order (MCO) since March is hoping to reduce operating expenditure (opex) by about 10% in FY20.
KUALA LUMPUR: Gas Malaysia Bhd's long-term earnings prospects remain intact despite a potential setback in 2QFY20 due to the movement control order, says Kenanga research.
KUALA LUMPUR: Kenanga research maintained its positive outlook on Dialog Group Bhd as its recent earnings results met expectations on higher contributions from the terminal business.
Rebound to be supported by fiscal and monetary stimulus
KUALA LUMPUR: Despite the recent rally, there could still be more upside to Kossan Rubber Industries Bhd's share price as the market is yet to realise the potential impact of higher average selling prices (ASP) and tight supply conditions.