UOB Kay Hian Research keeps Dialog defensive Buy

KUALA LUMPUR: UOB Kay Hian Malaysia Research keeps Dialog as a defensive buy as it still sees value in Dialog Group Bhd as it is the only listed proxy to storage.

Bursa gets a boost from gloves, Petronas Dagangan

KUALA LUMPUR: Bursa Malaysia started Wednesday on a firm note, underpinned by buying of glove makers and also Petronas Dagangan despite the mixed key Asian markets due to the rising US-China tensions.

Rally hits speed bump

REVIEW: Trading on Bursa Malaysia took on a frenetic pace over the past week with a record daily trading volume of 11.21 billion shares recorded on Monday as investors flocked to equities in an an attempt to catch a rally.

Bursa snaps winning streak as US-China tensions intensify

KUALA LUMPUR: The spectre of more geopolitical turmoil sent global markets, including Bursa Malaysia, lower as China moved to impose a new national security law in Hong Kong.

Bursa closes higher on Petronas stocks, glove makers and plantations

KUALA LUMPUR: Bursa Malaysia extended its gains on Thursday as the FBM KLCI was lifted by Petronas-linked stocks after firm crude oil prices while plantations and glove makers rallied.

KLCI challenges 1,450 level

KUALA LUMPUR: The FBM KLCI momentarily passed above the 1,450-point level in morning trade before ending slightly under as the index extended its rally for a seventh straight session.

Bursa follows Asian markets higher, glove makers in focus

KUALA LUMPUR: Buying momentum continued on Bursa Malaysia early Thursday as investor sentiment firmed up after the key Asian markets followed Wall Street higher.

Trading ideas: MPI, Genting Plantations, Malakoff, Aeon, Ranhill, Telekom Malaysia

KUALA LUMPUR: JF Apex Research expects Malaysian Pacific Industries Bhd (MPI), Genting Plantations Bhd, Malakoff Corp Bhd, Aeon Co (M) Bhd, Ranhill Utilities Bhd and Telekom Malaysia Bhd (TM).

Velesto Energy back on the profit trail

Velesto Energy posts RM16.32m net profit in 1Q

KUALA LUMPUR: Velesto Energy Bhd posted net profit of RM16.32mil in the first quarter ended March 31,2020, a contrast from the net loss of RM22.20mil a year ago, following a turnaround in the drilling services division.