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Business

Breakfast briefing: Friday, June 30 (Update)

Breakfast briefing: Friday, June 30

Business

Tasco shareholders approve venture into cold chain business

SHAH ALAM: Logistics player Tasco Bhd expects its maiden foray into the cold chain business to contribute about 15% to 20% to revenue for the financial year ending March 31, 2018 (FY18), after both proposals of its EGM received near unanimous approvals from shareholders.

Business

Is there room for small cap stocks to grow?

DESPITE the FBM Small Cap Index’s good performance against the main index FBM KLCI, MIDF Research reckons that small and mid-cap stocks are poised to continue its growth trajectory in the near future in line with more active retail participation.

Business

Logistics stocks to remain strong

PETALING JAYA: RHB Research expects the strong performance of logistics stocks this year to continue, driven by a firmer sectoral two-year net profit compounded annual growth rate (CAGR) of 25%.

Business

Trading ideas: Mah Sing, YTL Reit, KPJ Healthcare

KUALA LUMPUR:Mah Sing, YTL Hospitality Reit, KPJ Healthcare and RCE Capital are among the stocks which could see trading interest on Monday after their corporate news, says JF Apex Research.

Business

CIMB's record Q1 earnings underpin KLCI advance

KUALA LUMPUR: CIMB Group's record quarterly earnings helped underpinned the FBM KLCI's higher close on Wednesday but the broader market reflected a more cautious outlook despite the firmer crude oil prices.

Business

Profit taking on Petronas stocks weighs on KLCI, local funds continue selling

KUALA LUMPUR: Profit taking of Petronas-linked stocks weighed on the FBM KLCI on Friday as the 30-stock index ended flat as fund buying was seen in banks and Genting Bhd.

Business

MIDF Research starts coverage on Tasco with ‘buy’ call

PETALING JAYA: Logistic companies are still getting much love from the market, with investors smitten by the sector’s close link with the country’s booming e-commerce industry.

Business

Trading volume hits 1b in first hour Wednesday, KLCI climbs

KUALA LUMPUR: Blue chips piled on their gains early Wednesday, supported by fund buying of Public Bank and Petronas Gas while trading volume crossed one billion shares in the first hour.

Business

KLCI closes on firm note on foreign buying

KUALA LUMPUR: Blue chips closed higher on Tuesday, with strong fund buying of Petronas Dagangan, Genting Bhd and RHB Bank, despite the weaker ringgit, while key Asian markets were mostly higher.