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PETALING JAYA: The plantation sector is off to a good start in 2020 as crude palm oil (CPO) continues to extend its rally from 2019 to trade above RM3,100 per tonne on strong fundamentals.
PETALING JAYA: The price of crude oil, which had risen more than 25% last year, could see a more subdued year in 2020 as the oversupply of oil in the market is unavoidable. This is despite the recent jump in crude oil prices after a top Iranian general was killed in a US airstrike at Baghdad’s airport.
THE technology sector is set to continue its winning momentum from the previous year as the industry enters the new year.
ANALYSTS and industry observers are cautiously optimistic of a better year for vehicle sales in 2020, driven by new and exciting models.
KUALA LUMPUR: Bursa Malaysia continued its advance in the new year as US$115bil in Chinese stimulus measures served to bolster the economic outlook.
KUALA LUMPUR: Gamuda Bhd's latest contract brings its year-to-date job wins to RM1.05bil, nearly halfway towards a full-year assumption of RM2.4bil, says Kenanga research.
PETALING JAYA: Bursa Malaysia ended the first trading day of 2020 on Thursday with the FBM KLCI above the key 1,600 level, underpinned by fund buying of bank stocks and IHH Healthcare Bhd.
KUALA LUMPUR: On the back of a positive results season, the rubber gloves sector is seeing signs of an uptick in demand in subsequent quarters, says Kenanga research.
PETALING JAYA: A promising outlook has been projected for the local consumer sector for this year, spurred by higher disposable income that will be driven by Budget 2020 initiatives, major sporting events and spillover from Visit Malaysia Year 2020 (VMY2020).
KUALA LUMPUR: Kenanga Investment Bank Research is maintaining an Outperform for Pestech International with a target price of RM1.75.