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CGS-CIMB Research retains Add for Duopharma Biotech
KUALA LUMPUR: CGS-CIMB Equities Research is maintaining its Add call for Duopharma Biotech with an unchanged target price of RM1.56, which is pegged to its five-year historical mean of 16 times 2020F P/E).
AET vessels not imposed with trading restrictions
PETALING JAYA: MISC Bhd has clarified that its petroleum shipping arm AET Tanker Holdings Sdn Bhd is not affected by the United States sanctions against Venezuela.
Indian restriction on palm oil imports will lower prices
PETALING JAYA: A potential restriction by India on palm oil imports from Malaysia will lead to higher stockpiles and lower crude palm oil prices here, CGS CIMB Research says
MISC’s tanker unit may be affected by US sanctions
KUALA LUMPUR: CGS-CIMB Equities Research estimates that 19 of AET Tanker Holdings Sdn Bhd’s crude tankers, being 18.4% of its capacity days in fourth quarter 2019, may be caught in the web of US sanctions against Venezuela.
MISC’s AET crude tankers may be affected by US sanctions
KUALA LUMPUR: CGS-CIMB Equities Research estimates that 19 of AET’s crude tankers, being 18.4% of its capacity days in 4Q19F, may be caught in the web of US sanctions against Venezuela.
Analysts positive on F&N’s Perlis land acquisition
KUALA LUMPUR: Following Fraser & Neave Holdings Bhd’s (F&N) proposed acquisition of land to venture into upstream milk production, brokerage firms are positive on the move in the medium to longer term.
Guan Eng says Malaysia's tax rate still among the lowest
KUALA LUMPUR: Finance Minister Lim Guan Eng said on Monday that even with the two-percentage point increase in income tax rate for those with taxable income in excess of RM2mil, the rate remains among the lowest in this region.
Budget 2020: Neutral to mildly positive on KLCI
PETALING JAYA: The recently unveiled Budget 2020 is expected to have neutral to mildly positive impact on the country’s equity market, say analysts.
Quick take: Semicon counters top gainers' list
KUALA LUMPUR: Technology stocks are trending higher on Bursa Malaysia despite another month of double-digit declines in global chip sales.
Weak Wall Street to weigh on KLCI
KUALA LUMPUR: The FBM KLCI is likely to extend its decline on Thursday after hitting the lowest since June 2012 the previous day following the overnight slump on Wall Street.
