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PETALING JAYA: Foreign funds will possibly make their way back to Malaysia by the third quarter of this year to take advantage of the current reasonable valuation and cheap ringgit, says online equity broker Rakuten Trade.
PETALING JAYA: The revival of the multi-billion-ringgit Bandar Malaysia project has brought back interest in the construction sector, but some reckon the potential beneficiaries are likely to be limited.
KUALA LUMPUR: Construction stocks were in the spotlight in the morning section as counters seen to benefit from the resumption of the Bandar Malaysia project rocketed on the news of its revival.
KUALA LUMPUR: Shares of Ekovest Bhd and Iskandar Waterfront City (IWC) rallied in early trade Monday following the announcement of the revival of Bandar Malaysia project last Friday.
KUALA LUMPUR: There is expected to be more local participation in the revived East Coast Rail LInk project from the supply of material to awarding work to local beneficiaries, says Affin Hwang Capital research.
GEORGE TOWN: The stock market outlook in Malaysia is expected to be bright this year, according to Rakuten Trade Sdn Bhd.
PETALING JAYA: Construction counters continue to be on the uptrend - this time driven by the potential revival of the Kuala Lumpur-Singapore high-speed rail (HSR) project.
KUALA LUMPUR: Shares in Econpile Holdings Bhd were boosted in early trade Thursday after announcing a RM45mil MRT2 contract.
KUALA LUMPUR: Econpile Holdings Bhd, Sunway Construction Bhd, KKB Engineering Bhd and LFE Corp Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
KUALA LUMPUR: AmInvestment Research maintained its Underweight call and forecasts for piling contractor Econpile but cut its fair value by 19% to 22 sen from 27 sen due to the weak propsects for property-related jobs.