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KUALA LUMPUR: AmInvestment Research maintained its Underweight call and forecasts for piling contractor Econpile but cut its fair value by 19% to 22 sen from 27 sen due to the weak propsects for property-related jobs.
KUALA LUMPUR: Econpile Holdings Bhd’s shares fell as much as 16% Tuesday morning after the company posted its first quarter loss since its listing in 2014.
KUALA LUMPUR: Econpile Holdings Bhd’s share price rose as much as 5.20% this morning after the company secured a RM209mil contract.
PETALING JAYA: Finance Minister Lim Guan Eng has refuted Nomura Global Research’s claims that Malaysia’s fiscal deficit for 2018 would deteriorate to 3.9% of gross domestic product (GDP).
SINGAPORE: BlackRock Inc is still bullish on tech stocks.