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Business

Chip stocks under pressure

BURSA Malaysia’s technology stocks rebounded on Friday, following two consecutive trading days of steep losses over the holiday-shortened week.

Business Premium

US-China trade war intensifies

IT started with US President Donald Trump imposing tariffs on metal imports from China into the United States.

Business

Malaysian tech stocks down after US blacklists Huawei

PETALING JAYA: Technology counters on Bursa Malaysia are feeling the heat following the escalation of trade tensions between the United States and China with restrictions imposed by the Trump-led administration against China’s telecommunication giant Huawei.

Business

Selling of IHH pushes KLCI into the red

KUALA LUMPUR: Foreign selling of key stocks including IHH Healthcare and Genting in afternoon trade on Tuesday pushed the FBM KLCI into the red though Tenaga and RHB Bank help provided some support.

Business

Quick take: Tech stocks tumble on Bursa Malaysia

KUALA LUMPUR: Key technology stocks weighed on the Bursa Malaysia technology index in early trade Tuesday following the US government’s move against Huawei Technologies Co.

Business

Affin Hwang sees stronger earnings for Globetronics

KUALA LUMPUR: Affin Hwang Capital research has reaffirmed its buy call on Globetronics Technology Bhd with a higher target price of RM2.57 from RM2.55 previously.

Business

Cautious start to new trading month of May as MAHB weighs

KUALA LUMPUR: The new trading month of May started on a cautious note with the FBM KLCI weighed down by MAHB, Digi and Maxis but there was some nibbling seen in banks and Tenaga Nasional.

Business

Trading ideas: Axiata Group Bhd, Axis Reit, Ecobuilt, AWC, Dayang and Avillion

KUALA LUMPUR: Stocks on investors' radar screens today may include Axiata Group Bhd, Axis Reit, Ecobuilt, AWC, Dayang and Avillion, according to JF Apex research.

Business

Globetronics to see higher sensor volumes on new product, says Affin Hwang

KUALA LUMPUR: Globetronics Technology Bhd's sensor volumes will improve in the coming months as production gears up for this year's model launch, says Affin Hwang Capital research.

Business

Rebound seen in smartphone sales; boost for some M'sian tech firms

PETALING JAYA: Apple Inc and Samsung Electronics Co Ltd have posted results that are above and in line with street guidance, with investors now turning more bullish despite lower smartphone sales and slowing memory chip demand.