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KUALA LUMPUR: JF Apex Research expects UEM Sunrise Bhd, Straits Inter Logistics Bhd, Perisai Petroleum Teknologi Bhd and Eco World Development Group Bhd to be among the stocks to watch on Monday.
VELESTO ENERGY BHD: OPERATING seven jack-up (JU) rigs in Malaysian waters, Velesto is in a sweet spot, benefitting from a surge in Petronas’ yearly JU rig requirement from six to 10 and 16 to 19 for 2019 to 2021.
KUALA LUMPUR: Blue chips ended Monday in the red on concerns about a slowdown in China's economy while a decline in oil prices sent Petronas-linked stocks lower.
KUALA LUMPUR: Investors sold down on Asian equities upon the release of Chinese December trade data that showed imports falling 7.6% year-on-year and exports slumping 4.4%, in contrast to analysts' forecasts of expansion.
KUALA LUMPUR: Chinese trade data to be released today and earnings announcements from major US financial institutions due later this week are expected to cause some anxiety among investors following the improvement in sentiment over the previous week.
KUALA LUMPUR: Shares of Perisai Petroleum Teknologi Bhd plunged 83% in the first few minutes of trading on Monday after Bursa Malaysia Securities commenced the delisting exercise against the company after its regulation plan was rejected.
KUALA LUMPUR: JF Apex Research expects Scomi Group Bhd, Scomi Group Bhd, Scomi Energy Services Bhd and Tatt Giap Group Bhd to be among the stocks to watch on Monday following their latest corporate news.