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COME every new year, predictions and views are given on how the stock market will perform.
PETALING JAYA: Patimas Computers Bhd, once a darling technology stock on Bursa Malaysia, is on the verge of being delisted although a last ditch attempt is being made to save the company.
CAPITAL market performance in the first eight months of this year remained steady with gross funds raised at RM118.8bil reflecting a 33.8% decline against the same period last year.
KUALA LUMPUR: Fund buying of Petronas-related stocks and SapuraKencana Petroleum pushed the FBM KLCI nearly 11 points higher at midday on as investor sentiment recovered after three days of volatile trade.
KUALA LUMPUR: UOB Kay Hian Malaysia Research is maintaining its Buy recommendation on Public Bank Bhd with a higher RM20.50 target price, after rolling forward to 2014 valuation of 3.1 times price-to-book (P/B).
KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS.
PETALING JAYA: The Employees Provident Fund (EPF) saw its investment income jump 19.7% in the second quarter ended June 30 to RM9.16bil from RM7.66bil a year earlier on a post-election rally in the equity market.
Will a straight-forward sale solve MAS problems?
KUALA LUMPUR: Bursa Malaysia has widened the pool of securities available for short selling as it seeks a move to mature market status.
KUALA LUMPUR: The local property sector is expected to register a steady 10% growth in value this year and there is no threat of a property bubble, according to Malaysian Institute of Estate Agents (MIEA) president Siva Shanker.