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RHB Research keeps Neutral on Tasco, upgrades Paramount

KUALA LUMPUR: RHB Research has downgraded Tasco to Neutral as its current share price has exceeded its fair value (FV) of RM2.30.


Trading ideas: High-5, Ivory Properties, Tasco, Axiata, Mesiniaga

KUALA LUMPUR: JF Apex Research expects High-5, Ivory Properties, Tasco, Malaysia Airlines (MAS), Axiata Group, Mesiniaga and CB Industrial Products (CBIP) to attract trading interest on Thursday.


Tenaga main drag on KLCI, Bursa volume exceeds 3b units

KUALA LUMPUR: The FBM KLCI shed nearly three points at the close on Thursday, with Tenaga Nasional the main drag while several small-capitalised plantations also lost ground.


KLCI down 12 points as Petronas stocks, Tenaga slide

KUALA LUMPUR: Key Asian markets and Malaysia’s FBM KLCI skidded in early Friday on mounting geopolitical tensions in Ukraine and the Middle East.


Investors flee equities, KLCI at lowest since end-March

KUALA LUMPUR: Key Asian markets and European bourses were awash in the red on Friday as investors fled riskier assets including equities in a knee-jerk reaction to the US conflicts in Ukraine and the Middle East.


Cautious start for KLCI

KUALA LUMPUR: Malaysia’s blue chips fell in early Monday trade, dragged down by plantations and profit taking of Petronas Gas though the broader market was firmer, supported by buying of small caps and lower liners.


KLCI down 0.11% at midday

KUALA LUMPUR: The FBM KLCI was down 0.11% to 1,853.2 points at the midday break on Monday, after last Friday’s gain when it went up 12.37 points to close at 1,855 following the Bank of Japan’s surprise announcement that it would expand its monetary stimulus lifted equities worldwide.


KLCI extends losses, PetChem, Maybank weigh

KUALA LUMPUR: The FBM KLCI has extended its losses and fell almost four points at midday on Friday weighed by Petronas Chemicals and Maybank in tandem with the weaker regional markets.


KLCI ends Wednesday marginally higher

KUALA LUMPUR: The FBM KLCI reversed its earlier losses and closed Wednesday marginally higher ahead of Christmas, boosted by gains in select blue chips and the overall firmer Asian markets.


The transporting landscape is quietly transforming

THE supposedly boring landscape of logistics has been quietly transforming. For the longest time, logistics was seen as something old – think lorry trucks, low wages, intensity of labour, and the loading and unloading of goods.