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KUALA LUMPUR: Maybank Investment Bank Research is maintaining its earnings forecast and RM1.29 target price for SP Setia Bhd with a Buy call.
KUALA LUMPUR: The ringgit rebounded to open higher against the US dollar today on renewed demand despite declining global oil prices, said an analyst.
KUALA LUMPUR: Kenanga Research has maintained its "underperform" recommendation on Pharmaniaga Bhd following the release of underwhelming earnings results.
KUALA LUMPUR: Chemical Company of Malaysia Bhd (CCM) recorded a net loss of RM1.58 million in the third quarter ended Sept 30, 2020 (Q3 2020) against a net profit of RM3.7 million in the same period last year.
PETALING JAYA: Berjaya Sports Toto Bhd continues to offer attractive dividend yields of over 6% as ticket sales have remained robust at 80% to 85% of pre-MCO (movement control order) levels in November, with most outlets opened, say research analysts.
PETALING JAYA: Petron Malaysia Refining and Marketing Bhd’s net profit for its third quarter ended Sept 30,2020 jumped more than 180% to RM97.64mil from RM34.42mil in the previous corresponding period, boosted by the upturn in oil prices and demand.
PETALING JAYA: Crude palm oil (CPO) futures on Bursa Derivatives Exchange rallied to an eight-year high at RM3,420 per tonne on Thursday before closing lower at RM3,344 per tonne.