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IT IS a known fact that there is a lack of interest in Malaysian stocks.
KUALA LUMPUR: Tech and semiconductor-related stocks came under pressure, in line with key Asian markets, after Apple Inc's warning that it was unable to meet its March quarter sales forecast due to the Covid-19 coronavirus.
KUALA LUMPUR: A warning from Apple Inc overnight that it would not meet its revenue target for the first quarter owing to slowed production and demand in China sent global equities lower as investors fretted over the impact of the Covid-19 outbreak.
KUALA LUMPUR: Shares in Icon Offshore Bhd continued to attract strong trading interest on Tuesday after Bursa Malaysia lifted its designated securities status on the counter.
KUALA LUMPUR: Bursa Malaysia and key Asian markets slipped early Tuesday after the world’s most valuable company issued a caution that it would not meet its revenue guidance due to the impact from the Covid-19 coronavirus.
KUALA LUMPUR: Petra Energy Bhd, Luxchem Corp Bhd, Scomi Energy Services Bhd, Eversendai Corp Bhd, Icon Offshore and Malayan United Industries Bhd (MUI) are among the stocks to watch on Tuesday, according to JF Apex Research.
PETALING JAYA: Shares of Icon Offshore Bhd went limit up in early trade, but the gains were short-lived as the stock came crashing down in the afternoon session in what has been another bizarre day for investors in the oil and gas company.
KUALA LUMPUR: The FBM KLCI gave up more than its recent gains on Monday, with Maxis, Tenaga and Axiata among the top losers, in the absence of firm follow-through buyng ahead of the Feb 27 stimulus programme.
KUALA LUMPUR: Icon Offshore Bhd's 654.51 million warrants will be listed on the Main Market of Bursa Malaysia on Tuesday.
KUALA LUMPUR: Icon Offshore Bhd saw its shares hit limit up in early trade Monday after Bursa Malaysia lifted its designated securities status on the counter.