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Maybank, Axiata boost for KLCI
Maybank and Axiata, which reported firmer earnings and dividends, helped drive the FBM KLCI slightly higher at midday on Friday amid the weaker regional markets.
Thai PTT Global, Pertamina plan $5 bln Indonesia petchem plant
BANGKOK: Indonesia's state-owned oil and gas firm, Pertamina, has selected Thailand's PTT Global Chemical Pcl (PTTGC) as its partner to build a petrochemical complex in Indonesia with an estimated cost of $5 billion.
Malaysia-Market factors to watch on March 14(Thursday)
KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news whichcould have an influence on the Malaysian.
Idemitsu, Mitsui to build U.S. petchem plant costing US$1.05bil
TOKYO: Japanese oil refiner Idemitsu Kosan and trading house Mitsui & Co plan to build a petrochemical plant in the United States at a cost of up to 100 billion yen ($1.05 billion), using ethylene supplies from Dow Chemical Co, the Nikkei business daily said on Monday, without citing sources.
Malaysia’s blue chips open lower in cautious trade
Malaysia’s benchmark FBM KLCI opened in the red on Friday, weighed down by mild selling of HLFG, Petronas Chemicals and Sime Darby as sentiment turned cautious ahead of the weekend and weaker overnight close on Wall Street.
Malaysia's KLCI surges 40pts over three days
Malaysia's blue chips continued their winning streak on Wednesday, with the FBM KLCI surging more than 40 points over the past three days on fund buying of banks and Genting.
Thai PTTGC to decide on Malaysian petchem investment plan late 2013
BANGKOK: Thailand's largest petrochemical maker, PTT Global Chemical Pcl (PTTGC), said on Monday it planned to make a decision on a petrochemical investment plan for Malaysia in late 2013, delayed from the middle of the year.
Malaysia-Market factors to watch on April 3(Wednesday)
KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news whichcould have an influence on the Malaysian market.
KLCI slips into the red at the close
Profit taking on banks dragged the FBM KLCI into the red at the close, as the 30-stock index saw volatile trading but the broader market displayed more resilence.
CIMB, BAT, Axiata lead blue chips higher
The FBM KLCI ended the morning session higher on Tuesday, underpinned by some nibbling of CIMB, BAT and Axiata while Petronas-linked stocks and banks saw trading interest.
