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KUALA LUMPUR: The FBM KLCI headed for its support of 1,550 as US President Donald Trump pushed on with trade war rhetoric and threatened to delay a scheduled Dec 15 first-stage agreement with China.
KUALA LUMPUR: Kenanga Investment Bank Research views the recent sell-down of Tenaga Nasional over the tax dispute is overdone given that it is not an operational issue.
KUALA LUMPUR: Kenanga research has maintained its outperform recommendation on Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) following the announcement of two new heavy engineering contracts.
KUALA LUMPUR: The FBM KLCI rebounded on Monday following the sharp sell-off at the previous week's close, but failed to close above the 1,570 level.
KUALA LUMPUR: A drop in alumina prices is likely to further accelerate Press Metal Aluminium Holdings Bhd's earnings in the final quarter of 2019, says Kenanga research.
PETALING JAYA: Malayan Banking Bhd (Maybank), the country’s biggest bank by assets, reported a slightly higher bottom line of almost RM2bil in its third quarter, 2% up from RM1.96bil a year ago even as it remains vigilant and cautious on its outlook for the rest of the year and the next.
PETALING JAYA: Downward trending fuel prices would likely lead to lower generation costs for Tenaga Nasional Bhd (TNB) in the final quarter of financial year 2019 (FY19).
KUALA LUMPUR: Downward trending fuel prices would likely lead to lower generation costs for Tenaga Nasional Bhd in the final quarter of 2019, says Kenanga research.
PETALING JAYA: Total vehicle sales rose 14% to 53,870 units last month from 47,273 units in the previous corresponding period, buoyed by year-end promotional campaigns.
KUALA LUMPUR: Off the back of a better-than-expected earnings result, Carlsberg Brewery Malaysia Bhd could look forward to further growth at its non-Malaysian operations.