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Business

Breakfast briefing: Monday, July 3

Breakfast briefing: Monday, July 3

Business

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.

Markets

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.

Business

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.

Business

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.

Markets

Bursa Malaysia turns broadly weaker at midday (Update)

KUALA LUMPUR: Bursa Malaysia’s market breadth turned broadly lower at midday on the rising number of stocks in the red as the FBM KLCI fell nearly six points, tracking the decline in the key regional markets.

Markets

Tasco, Latitude Tree among top losers

UALA LUMPUR: Logistics company Tasco and furniture maker Latitude Tree were among the top losers on Tuesday as investors took profit in the absence of any fresh catalysts.

Markets

Time for some profit taking on Bursa

KUALA LUMPUR: The FBM KLCI closed lower on Wednesday as investors decided to lock in their recent gains but the losses were not exceptionally heavy, in tandem with the lacklustre South-east Asian markets.

Markets

Sime Darby, Public Bank lead KLCI up

KUALA LUMPUR: Sime Darby and Public Bank extended their gains in early Tuesday trade as the FBM KLCI set its eye on the 1,860 resistance level, underpinned by the firmer overnight close on Wall Street.

Markets

KLCI closes higher on late buying of Sime Darby (Update)

KUALA LUMPUR: Late buying of heavyweight Sime Darby pushed the FBM KLCI into the positive zone at the close of Monday’s trade while nearly all key Asian markets were in the red.