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After a three-month lull, net buying on Bursa Malaysia jumped 17-fold in the week ending Oct 4, 2013 from the previous week, indicating interest in Asean and showing Bursa Malaysia is able to outperform the region once again amid volatile market environment.
PETALING JAYA: MISC Bhd’s net profit for the second quarter ended June 30,2020, slipped 25.1% to RM299.5mil from RM399.8mil in the previous corresponding quarter due mainly to business disruption from Covid-19 lockdown measures and impairments.
KUALA LUMPUR: Alam Maritim Resources Bhd lacks a re-rating catalyst going forward given the tough market environment for offshore support vessel (OSV) providers as well as the broader oil and gas sector, says Maybank Investment Bank Research.
News briefs, including from Singapore that Singapore Exchange Ltd (SGX) has posted a 4.1% year-on-year decline in net profit to S$27.27mil in its second quarter ended Dec 31, 2004, mainly because of lower sales at its securities and derivatives trading businesses. Operating revenue for the quarter slipped 15.7% to S$65.94mil. #8220;The market environment had been difficult in the first half of FY 2005, as reflected by the lower turnover in both the securities and derivatives markets,#8221; SGX said. #8211; AFX-Asia
WE are now back into a market environment of volatility; capital is taking flight from stock markets worldwide, and it is only those companies which are stable, have consistent cash flows and have transparent management will retain stability and favour with investors.