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KUALA LUMPUR: After seven weeks of net outflow, foreign investors turned net buyers last week with a marginal inflow amounting to RM14.07mil, according to MIDF Research.
KUALA LUMPUR: The local stock market edged up in early Tuesday trade, with chip makers and tech stocks taking the lead again, as investors hoped for a quick resolution to the country’s political situation after the resignation of the Cabinet on Monday.
COPENHAGEN: Danish brewer Carlsberg raised its full-year earnings guidance on Wednesday after reporting second-quarter sales above expectations but warned that severe coronavirus restrictions in Asia could hit sales.
KUALA LUMPUR: Blue chips closed higher for the second straight day on Wednesday, aided by gains in KL Kepong, Sime Darby Plantation and glove stocks amid a mixed broader market as buying interest interspersed with profit-taking.
KUALA LUMPUR: Shares on Bursa Malaysia settled lower on Thursday, on profit-taking, mirroring the performance of its regional peers.
KUALA LUMPUR: Brewer Heineken Malaysia Bhd made a net profit of RM25.2mil in the second quarter, but warned that the 11-week business halt and the prolonged restrictions imposed on F&B outlets will impact its performance.
PETALING JAYA: Heineken Malaysia Bhd posted resilient second quarter (Q2) earnings but noted that the operating environment remains challenging amid a number of developments, including the ongoing Covid-19 pandemic.
WITH working from home being the new norm, the hours tend to blur and we often find ourselves looking for a pick-me-up to get through the day.
NEW YORK: Anheuser-Busch InBev NV (AB InBev) chief executive officer Michel Doukeris is considering a sale of some German beer brands it has owned for decades as the world’s largest brewer aims to prune less profitable businesses and trim debt.