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KUALA LUMPUR: Frontken Corporation Bhd, which provides support services to the semiconductor industry, posted a record net profit of RM23.29mil in the fourth quarter ended Dec 31,2020, rising on the strong demand of chips.
‘Rich valuation’ of the sector is backed by merits, says Maybank IB
KUALA LUMPUR: Shares of technology and semiconductor-related stocks continued to attract investors’ interest in early trade Thursday.
KUALA LUMPUR: The FBM KLCI snapped the recent losing streak on Wednesday, which had been triggered by late fund selling, while semiconductor and technology related stocks were among the top gainers.
Multi-year earnings growth to be supported by strong demand
KUALA LUMPUR: Shares on Bursa Malaysia fell on Tuesday on news about the state of emergency nationwide until Aug 1 as the government viewed this proactive measure as crucial to contain the Covid-19 pandemic.
The good news is the worst appears to be over, and some stock markets have already recovered all their losses over the year. Within Asean, Bursa Malaysia is one example.
KUALA LUMPUR: The FBM KLCI reversed its earlier gains to end the morning session lower, bucking the trend at regional markets
KUALA LUMPUR: Stocks to watch on Monday include LKL International Bhd, AT Systematization Bhd, Techfast Holdings Bhd and Pentamaster Corp Bhd, according to JF Apex Research.
KUALA LUMPUR: Fraser & Neave Holdings Bhd, Prestariang Bhd, My EG Services Bhd, Frontken Corp Bhd and Country Heights Holdings Bhd, according to JF Apex Research.