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KUALA LUMPUR: PPB Group Bhd's second quarter net profit rose by 108% to RM332.73mil from RM159.97mil, boosted by its Singapore's agribusiness associate Wilmar International Ltd.
KUALA LUMPUR: Blue chips closed higher on Thursday, underpinned by gains in Telekom Malaysia and Tenaga Nasional, amid a mixed broader market.
KUALA LUMPUR: Glove makers' record high prices and hopes that a Covid-19 vaccine could be found soon saw investors take some money off the table on Tuesday while pharmaceutical stocks were again in the limelight.
KUALA LUMPUR: Sustained buying of Top Glove and Hartalega lifted the gloom over the FBM KLCI which saw Maybank, RHB Bank and Genting coming under some pressure on Friday due to their exposure to Genting Hong Kong.
KUALA LUMPUR: Most banks and Tenaga Nasional closed lower on Wednesday ahead of the release of their earnings while investors continued to pile into glove makers on expectations of more supernormal earnings.
KUALA LUMPUR: Fund buying of Top Glove and Hartalega powered the FBM KLCI up 26 points on Tuesday while most of the KLCI stocks were in the red.
KUALA LUMPUR: Top Glove and Hartalgea weighed on the FBM KLCI on Friday as the worse-than-expected 2Q GDP startled investors and saw the broader market weakening.
KUALA LUMPUR: Malaysia’s stock market was lacklustre in early Friday trade ahead of the release of the second quarter GDP data at midday and also due to the muted key Asian markets.
KUALA LUMPUR: Banks and glove makers underpinned the FBM KLCI's stronger close on Thursday as investors were looking past the Covid-19-hit second quarter economic performance to a stronger year for the country.