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Consumer stocks top gainers list at midday, HLT in focus

KUALA LUMPUR: Consumer stocks were among the top gainers at midday on Tuesday in thin trade amid a cautious broader market but Maxis and Genting Malaysia underpinned the FBM KLCI's advance.

Tasco buying Gold Cold Transport for RM186m

KUALA LUMPUR: Logistics company Tasco Bhd is buying Gold Cold Transport Sdn Bhd (GCT) – one of the largest cold chain logistics players in Malaysia in terms of storage capacity size – for RM186.08mil as it makes its foray into a new segment of the industry.

Good prospects for courier firms

PETALING JAYA: Earnings prospects for courier companies will remain resilient on anticipated robust growth and a low base.

Cautious start for KLCI after overnight fall on Wall Street

KUALA LUMPUR: Blue chips slipped in early Wednesday trade as cautioned prevailed after the overnight fall on Wall Street as key Asian markets also retreated on news the quantitative easing would be wound up.

KLCI extends losses as ringgit slips lower

KUALA LUMPUR: Malaysia’s blue chips were slightly lower in early Friday trade, extending the losses from the previous day due to selling pressure by foreign funds.

Breakfast briefing: Monday, July 3

Breakfast briefing: Monday, July 3

Japanese, South Koreans may buy stake in Century Logistics

PETALING JAYA: Century Logistics Holdings Bhd is in talks with parties from South Korea and Japan looking for a strategic tie-up for access into the Malaysian market, sources say.

IOI Corp, Sime Darby underpin KLCI gains

KUALA LUMPUR: Mild fund buying of IOI Corp and Sime Darby helped the FBM KLCI to chalk up gains of more than three points at midday on Wednesday but the broader market was mixed as some investors were seen unwinding their positions.

Trading ideas: Asia Poly, OCK, Puncak Niaga, Tasco, Icon Offshore

KUALA LUMPUR: JF Apex Equities Research expects Asia Poly, OCK, Puncak Niaga, Tasco and Icon Offshore to see trading interest on Wednesday after the recent corporate developments.

Logistics firm Xin Hwa upbeat about prospects

TAKING a cue from the success of logistics companies in the country, Xin Hwa Holdings Bhd is all set to go public by the end of this month.