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KUALA LUMPUR: Renewed investor interest in Tenaga Nasional helped the FBM KLCI to close off Wednesday's low despite losses in some banks and telcos while key Asian markets remained in a sea of red.
KUALA LUMPUR: The FBM KLCI headed for its support of 1,550 as US President Donald Trump pushed on with trade war rhetoric and threatened to delay a scheduled Dec 15 first-stage agreement with China.
KUALA LUMPUR: Maybank Investment Bank Research says it continues to adopt a broadly defensive investing strategy as the equity market continues to contend with multiple external and internal earnings headwinds.
KUALA LUMPUR: Key Asian markets and Bursa Malaysia extended their losses early Wednesday after US President Donald Trump’s comments that a US-China trade deal could be after the 2020 presidential election.
PETALING JAYA: Banks reported results that generally met market expectations for the July to September quarter, but they are lending less than before.
SINGAPORE: Most Southeast Asian stock markets ended lower on Tuesday as U.S. tariffs on Brazil and Argentina threatened to aggravate global trade tensions, while weak U.S. factory data added to the dour sentiment.
KUALA LUMPUR: The US government's threat to impose tariffs on metal imports from Brazil and Argentina pushed emerging and key Asian markets deeper into the red.
PETALING JAYA: The recently concluded third quarter corporate results for 2019 showed marginal improvements over the preceding quarter.
KUALA LUMPUR: IHH Healthcare’s core net profit for the nine months ended Sept 30 of RM630.8mil, down 8% year-on-year (y-o-y), was below expectations, CGS-CIMB Equities Research said.
KUALA LUMPUR: Asian markets including ended Monday, the first trading day of December, higher as investors' appetite for riskier assets perked up following positive factory data from China.