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PETALING JAYA: The share price of Pharmaniaga Bhd recorded the strongest surge in 12 months led by temporary contract extension optimism, which Kenanga Research views as a “short-term reprieve” for the integrated pharmaceutical group.
KUALA LUMPUR: Pharmaniaga Bhd emerged as the top gainer on Bursa Malaysia, rising over 9.7% in early trade Monday after the company obtained a 25-month interim extension for its concession.
ON the cusp of the biggest transformation in its 70-year history, Tenaga Nasional Bhd (TNB) is powering ahead towards inevitable changes on the horizon.
KUALA LUMPUR: The FBM KLCI bounced higher shortly after a softer open as some investors cashed in their chips following gains in the previous session
THE selldown on MyEG Services counter is unwarranted as it could see an earnings growth of 20% in FY20 without any contract win, as long as its current concessions are intactTHE selldown on the counter is unwarranted as it could see an earnings growth of 20% in FY20 without any contract win, as long as its current concessions are intact
KUALA LUMPUR: Robust demand growth from Fraser & Neave Holdings Bhd's Thai operations is expected to be overshadowed by competition on the Malaysian scene.
KUALA LUMPUR: The FBM KLCI showed continued uncertainty at Thursday's open after having spent the previous session straddling the 1,600-points line.
KUALA LUMPUR: Kenanga Research remains bullish on Hartalega Holdings Bhd despite a 15% appreciation in its share price since it was upgraded in April 2019.
PETALING JAYA: There is likely to be a short-term boost in market sentiment on the banking sector, as Bank Negara is expected to retain its overnight policy rate.