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KUALA LUMPUR: Blue chips managed to reverse out of the early losses on Friday as fund buying of Sime Plantation and KL Kepong provided an upbeat outlook, in line with key Asian markets.
KUALA LUMPUR: Malaysian energy shipper MISC Bhd will bid for US$6bil of contracts next year, as surging demand for transportation of liquefied natural gas helped it beat all other stocks in the country’s benchmark index.
KUALA LUMPUR: Renewed investor interest in Tenaga Nasional helped the FBM KLCI to close off Wednesday's low despite losses in some banks and telcos while key Asian markets remained in a sea of red.
GEOJE (South Korea): Petroliam Nasional Bhd (Petronas), which is the only company to own and operate two floating liquefied natural gas (FLNG) vessels, is all set for a third one if there is demand.
KUALA LUMPUR: UOB Kay Hian Malaysia Research has added IJM Plantations (IJMP) and Genting Malaysia to its December 2019 alpha picks as it expects a listless month and not much window dressing.
KUALA LUMPUR: Bursa Malaysia wrapped up the last trading day of November on a disappointing note on Friday as Tenaga Nasional slumped on a whopping tax bill of RM3.98bil.
KUALA LUMPUR: The domestic market was dragged lower on Friday by a combination of fears over the latest clash between Washington and Beijing and a sell-off in Tenaga Nasional shares.
KUALA LUMPUR: Blue chips on Bursa Malaysia followed key Asian markets higher early Wednesday, underpinned by some hope of a resolution to the US-China trade tensions.
KUALA LUMPUR: The FBM KLCI continued along a consolidation channel in morning trade as the US-China trade dispute continued to drag in with few fresh details on progress in the negotiations.