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KLCI slips in early trade
Blue chips fell in early trade on Tuesday, dragged down by losses in banks and Petronas Chemicals, though in razor-thin trade.
KLCI slightly higher in cautious trade
Blue chips rose in cautious trade, with Telekom Malaysia and plantations advancing in thin trade while the breadth of the overall market was lacklustre.
PetChem to stop vinyl business
PETALING JAYA: Petronas Chemicals Group Bhd (PetChem) plans to discontinue its vinyl business, comprising two plants in Malaysia and one in Vietnam, by Jan 1, 2013, as part of its portfolio optimisation.
Discontinuing vinyl business will result in initial loss for PetChem
PETALING JAYA: With the discontinuation of its vinyl business, the short-term blow to its earnings would be a necessary evil for Petronas Chemicals Group Bhd (PetChem) to bounce back with better business integration in the future.
Consumer dividend stocks slip in thin trade
Consumer dividend stocks were among the top losers at midday on Thursday on some mild selling.
KLCI opens firmer, Sime, Public Bank up
Blue chips opened higher on Monday, underpinned by gains in heavyweight Sime Darby and Public Bank but the FBM KLCI could struggle later due to the cautious regional markets.
Petronas Chemicals' earnings fall to RM742mil profit
KUALA LUMPUR: Petronas Chemicals Group Bhd recorded net profit of RM742mil and revenue of RM3.94bil in its third quarter ended Sept 30.
PetChem earnings drop on low prices, volumes
PETALING JAYA: Petronas Chemicals Group Bhd's (PetChem) third-quarter net profit for the period ended 30 Sept declined 38.3% to RM742mil, with revenue dropping to RM3.94bil from RM4.64bil.
Petronas Chemicals falls to lowest since October 2011
Shares of Petronas Chemicals Bhd fell to RM5.68, the lowest since October 2011 after its disappointing third quarter results.
Malaysia's KLCI slips, IHH, PetChem weigh
Malaysia's blue chips fell in the morning session on Monday, dragged down by selling of IHH Healthcare and Petronas Chemicals, while key Asian markets put up a mixed performance.
