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KUALA LUMPUR: Top Glove and Public Bank underpinned the FBM KLCI’s advance early Wednesday amid a cautious external market after the overnight fall on Wall Street as Covid-19 infections rose.
NEW YORK: Wall Street closed lower on Tuesday as investors fretted about weakening consumer confidence, disappointing financial results and as investors worried about wrangling in the U.S. Congress over a coronavirus aid plan.
Earnings up 86% to RM86.22mil in second quarter
TOKYO: Fuelled by buy-backs, analyst valuations, earnings expectations and IPOs, SoftBank Group Corp shares are retracing their way back to heights last seen during the dotcom bubble 20 years ago.
KUALA LUMPUR: Bursa Malaysia Bhd, whose share price surged to a record high of RM10.98 at on Tuesday, reported net profit of RM86.22mil in the second quarter ended June 30,2020.
BEIJING, July 28 (Xinhua): China's central bank Tuesday pumped cash into the banking system via reverse repos to maintain liquidity.
Malaysia’s MCO pushed unemployment rates to its highest this year according to an article titled Malaysia’s jobless shot up to 826,100 in MCO-era in May, most unemployment in 2020 yet published on a local online news portal.
PETALING JAYA: United Plantations Bhd (UP) has posted a 63% rise in net profit to RM123.59mil for the second quarter ended June 30 from RM75.94mil previously, thanks to higher palm oil production and selling prices.
PETALING JAYA: Sarawak Oil Palms Bhd could be a beneficiary of investors turning to plantations as their next play, as they offer a relatively safe haven, says RHB Investment Research.