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KUALA LUMPUR: Felda Global Ventures (FGV) was in the spotlight on Tuesday after it was upgraded by CIMB Equities Research, which viewed the downside for the plantation company as limited.
KUALA LUMPUR: After a dismal week since its listing on the Main Market, interest in Sunway Construction perked up on Wednesday and pushed the share price above its RM1.20 initial offer price.
KUALA LUMPUR: Sunway Construction recovered to its initial public offer price at the midday break on Wednesday, giving hope to investors after the share price fell following its listing last week.
KUALA LUMPUR: Tenaga Nasional, Petronas Chemicals and KL Kepong gave the FBM KLCI a boost at midday on Thursday amid a firmer ringgit while key Asian markets were mixed.
KUALA LUMPUR: Malaysia’s blue chips capped the trading month of May on a weak note, with the FBM KLCI down 3.89% from end-April as investor sentiment turned bearish due to domestic issues and external factors.