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WE are now in September, with the Dow Jones up some 16.53% on a year-to-date basis despite the trade war woes and fears of an impending recession due to the signals being emitted by the inverted yield curve.
KUALA LUMPUR: The FBM KLCI was slightly higher at midday as a rebound in Axiata shares halted the decline seen over the previous session.
KUALA LUMPUR: Blue chips were slightly higher in early Wednesday trade after the selldown the previous day due to Axiata and Digi but the overall mood was cautious ahead due to the lack of strong leads from institutional players.
KUALA LUMPUR: MIDF Research expects Malaysian’ glove manufactures to benefit from the recent US tariff imposition on China made glove, leading to higher demand of medical gloves.
KUALA LUMPUR: Rubber gloves manufacturer, Supermax Corporation Bhd, is expecting its exports to increase by 10 per cent, boosted by sales of medical gloves due to the ongoing US-China trade war.
KUALA LUMPUR: Kenanga research upgraded Supermax Corp Bhd to outperform and maintained its target price at RM1.70 as it expects its valuation gap to peers' average to narrow from the current 40% discount to the 30% historical level.
KUALA LUMPUR: JF Apex Research expects Guan Chong Bhd, Serba Dinamik Holdings Bhd, Berjaya Land, IHH Healthcare Bhd and Malaysia Airports Holdings Bhd (MAHB) to be among the stocks to watch on Tuesday.
KUALA LUMPUR: Supermax Corp Bhd's net profit for the fourth quarter ended June 30, 2019, was RM15.06mil, a 58.9% jump from the same quarter in 2018 on higher sales revenue.
NEW YORK (Reuters) - The accused mastermind of the Sept. 11