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A better outlook awaits the local stock market

COME every new year, predictions and views are given on how the stock market will perform.

Can Patimas Computers Bhd be saved?

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.

Economic Report 2013/2014: Capital market performs steadily

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.

Petronas, SapuraKencana drive KLCI higher

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.

UOB Kay Hian Research ups Public Bank's target price to RM20.50

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).

DIARY - Malaysia - sept 18(Wednesday)


EPF investment income rises 19.7% to RM9.2bil in Q2

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.

MAS sale a hot conversational topic

Will a straight-forward sale solve MAS problems?

Bursa Malaysia widens short-selling pool

KUALA LUMPUR: Bursa Malaysia has widened the pool of securities available for short selling as it seeks a move to mature market status.

MIEA: No threat of property bubble

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.