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KLCI slips, Public Bank, HL Bank down
KUALA LUMPUR: The FBM KLCI fell in early Wednesday trade, weighed down by some mild selling of key stocks including Public Bank and Hong Leong Bank but the broader market was firmer.
Cautious start for KLCI on Ukraine tension
KUALA LUMPUR: The FBM KLCI opened Tuesday in the red before rising more than three points, as investors were cautious on Ukraine’s uncertain political crisis.
Trading ideas: Time Engineering, Latitude Tree, Poh Huat, Pestech
KUALA LUMPUR: JF Apex research expects Time Engineering, Latitude Tree, Poh Huat and Pestech to see trading interest on Thursday.
Pestech shares up on proposed bonus issue
KUALA LUMPUR: Pestech International Bhd’s shares rose at mid-morning on Thursday after it proposed a 2-for-3 bonus issue by issuing 65.6 million shares.
RHB Research keeps Pestech International on Neutral
KUALA LUMPUR: RHB Research is maintaining its Neutral call on Pestech International Berhad at a fair value of RM4.72 and at a target price-to-earnings ratio of 14 times which is below its highest price-to-earnings ratio of 19.75 times since listing.
Pestech net profit jumps 78% to RM4.3mil
KUALA LUMPUR: Electric power technology group Pestech International Bhd’s first quarter ended Mar 31, 2014 net profit jumped 78% to RM4.33mil from RM2.43mil a year ago.
KLCI ekes out small gains but Iraq tensions weigh
KUALA LUMPUR: The FBM KLCI was marginally higher in early Friday trade as investors were cautious about the rising tensions in Iraq but trading volume was lacklustre as the World Cup fever kicks off.
Key regional markets in the red, KLCI slips
KUALA LUMPUR: Key regional markets ended Wednesday in the red, including Malaysia's FBM KLCI as mounting crisis in Iraq cast a pall of gloom.
No respite for Public Bank and rights shares
KUALA LUMPUR: Malaysia's FBM KLCI fell more than four points in early Thursday trade, weighed down by losses in Public Bank while Boustead Plantations was slightly higher on its first trading day.
KLCI lower at midday, CIMB drags
KUALA LUMPUR: The FBM KLCI fell into the red at midday on Friday as CIMB and select blue chips weighed the index, dragging it almost two points lower.
