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THE victory by the incumbent ruling party Barisan Nasional at the recent GE13 is expected to help clear the path for several government-linked companies (GLCs) in Malaysia which have earmarked initial public offerings (IPOs) on Bursa Malaysia this year.
KUALA LUMPUR: Investors are re-examining their investment strategies and turn from defensive to aggressive in anticipation of a post-election rally, said Hwang DBS Vickers Research (HDBSVR).
KUALA LUMPUR: Government-linked companies and construction counters will be among the counters to watch on Monday after Barisan Nasional won the 13th General Elections, said JF Apex Research.
KUALA LUMPUR: CIMB Equities Research has upgraded Malaysia from Neutral to Overweight and raised its end-2013 FBM KLCI target from 1,640 to 1,850, based on 15.6 times price-to-earnings versus 13.5 times previously.
KUALA LUMPUR: Malaysia's blue chips rallied, surging nearly 100 points just after the market opened as Barisan Nasional won 133 parliamentary seats at the 13th general election to record a slightly reduced performance compared to 2008.
KUALA LUMPUR: Alliance Research has upgraded Malaysian banks to Overweight after the sector's external risks and domestic political uncertainties dissipated.
KUALA LUMPUR: Malaysian banks are expected to play catch-up with regional peers as the removal of the political overhang from the 13th General Elections should lead to lower risk premiums, says RHB Research.
KUALA LUMPUR: Malaysia's FBM KLCI surged to an all-time high of 1,826 early Monday, while the ringgit advanced to the highest since 1997 against the US dollar, after the Barisan Nasional won 133 parliamentary seats at the 13th General Elections to continue to rule the country.
KUALA LUMPUR: Malaysia's blue chips surged on Monday, underpinned by CIMB, as the FBM KLCI rallied to an all-time high of 1,826 after the Barisan Nasional secured a simple majority at the 13th General Elections to continue to rule the country.
KUALA LUMPUR: AirAsia Bhd expects a surge in the number of passengers at the various airports throughout Malaysia following the 13th General Election.