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PETALING JAYA: A stronger greenback coupled with increased capital spending are two factors that will keep the technology sector, especially the front-end players, in favour.
KUALA LUMPUR: Traders were very active in early Thursday trade, with penny stocks seeing heavy churning and pushing the total trading volume past two billion shares in less than half an hour.
KUALA LUMPUR: JF Apex Research expects Progressive Impact Corp Bhd (PICorp), BTM Resources Bhd, Yee Lee Corp Bhd, Mlabs Systems Bhd, SMTrack Bhd and Tasek Corp Bhd to be among the stocks to watch on Wednesday.
PETALING JAYA: Frontken Corp Bhd’s net profit rose 10.4% to RM17mil for the first quarter (Q1) ended March 31, from RM15.4mil in the corresponding quarter last year
KUALA LUMPUR: Frontken Corp Bhd is cautiously optimistic over its performance in the remaining months of 2020 following improved earnings in the first quarter of its financial year.
KUALA LUMPUR: Bursa Malaysia fell in early Friday trade amid mixed trading among key Asian markets after China reported weaker economic data.
KUALA LUMPUR: Bursa Malaysia and key Asian markets climbed in early Tuesday trade, underpinned by the US Federal Reserve pledge to stabilise the financial system and also the regulators’ decisive action to halt short selling until April 30.
KUALA LUMPUR: Bursa Malaysia Securities suspended the short selling activities for CMSB, Serba Dinamik, MI and Frontken on Monday morning and for the rest of the day.
MAJOR stockbrokers have yet to press the force selling button, which may affect as low as 20 companies and the tally may go up to 30 companies.