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PETALING JAYA: The rebidding of the FPSO Parque das Baleias (PDB) charter in Brazil has thrown a spanner in the works for Yinson Holdings Bhd, which had expected to secure this tender, being the only remaining bidder.
KUALA LUMPUR: Glove manufacturers led the FBM KLCI higher on Monday as investors continued to chase the stocks amid rising Covid-19 cases.
KUALA LUMPUR: Glove stocks advanced on Monday as global Covid-19 coronavirus cases crossed 40 million and there were expectations of a resurgence at the onset of winter.
KUALA LUMPUR: Pharmaniaga and Duopharma rose in active trade to new highs early Monday on hopes of a quick vaccine for the Covid-19.
KUALA LUMPUR: Yinson’s share price fell to a low of RM4.88 in early Monday trade after Petrobras has decided to postpone the Parque Das Baleias (PDB) project by one year, pushing back the first oil production to 2024.
KUALA LUMPUR: Bursa Malaysia tracked Wall Street's overnight rally as bargain-hunters returned to equities following last week's correction and hopes rose of a US stimulus deal being passed.
KUALA LUMPUR: Shares in Yinson Holdings Bhd rose almost 2% after the group beat analyst expectations in its latest quarterly results.
KUALA LUMPUR: UOA Development Bhd, LKL International Bhd, Yinson Holdings Bhd, Kim Loong Resources Bhd, Key Alliance Group Bhd and Solution Group Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.
KUALA LUMPUR: Kenanga Investment Bank Research is projecting for Yinson Holdings Bhd's second half to be even stronger after first-half results beat expectations.