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MMC operations to be supported by positive trade outlook worldwide
KUALA LUMPUR: MMC Corp Bhd (MMC) is expected to fare better this year without trade disruptions on anticipation that there would be no further wide-scale lockdowns that could hinder movement of trade.
MMC remains deeply undervalued, says MIDF
KUALA LUMPUR: MIDF Research is confident over MMC Corp Bhd as a recovery stock play as the group has proven its resilience amid the pandemic.
Foreign net selling on Bursa at RM477.43mil last week
KUALA LUMPUR: The previous week saw foreign investors becoming net sellers with outflow amounting to RM477.43mil against RM466.42mil in the preceding week, according to MIDF Research.
Inflation expected to return on high fuel prices, demand
PETALING JAYA: After facing monthly deflation for nearly a year, Malaysia is expected to feel inflationary price pressure once again as fuel prices increase and demand gradually returns.
Inari’s RF business poised to be significant contributor
KUALA LUMPUR: Given the rising adoption of 5G smartphones, Inari Amertron Bhd’s (Inari) volume loadings is expected to greatly improve from its radio frequency (RF) business as the group is a close proxy to 5G.
Mah Sing’s affordable housing project boost
PETALING JAYA: Mah Sing Group Bhd’s acquisition of a 100-acre piece of land in Sepang is set to boost the developer’s near-term sales performance and will have a limited impact on its balance sheet
Foreign fund outflow widens to RM466.42mil
KUALA LUMPUR: Foreign investors continued their selling on Bursa Malaysia last week, offloading RM466.42mil worth of equities against RM40.57mil in the preceding week, according to MIDF Research.