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PETALING JAYA: Star Media Group Bhd’s stock has been upgraded to an add by CGS-CIMB Research with the company’s earnings outlook raised significantly after the company’s 2018 financial year results.
PETALING JAYA: Uncertainty over how the government will handle the announced highway takeovers has spooked investors, sending the share prices of listed highway concessionaires tumbling. Among the counters that were hit was Gamuda Bhd, with which the government said it had begun talks to negotiate the acquisition of concessions for four main highways in which the group owns majority stakes.
KUALA LUMPUR: MSM Malaysia Holdings Bhd is the top loser in early trade this morning after posting its first quarterly losses since June 2017, on lower sales volume and cheaper average selling prices.
PETALING JAYA: Carlsberg Brewery Malaysia Bhd is expected to continue its growth momentum, albeit at a normalised pace for the current financial year ended Dec 31, 2019 after it delivered a higher-than-expected set of results for financial year 2018, say analysts.
KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd’s shares soared Friday after its latest financial results topped expectations coupled with record RM1 dividend.
PETALING JAYA: Palm oil stocks are expected to continue to decline in February after falling 6.7% month-on-month (m-o-m) in January on the back of a recovery in exports and higher consumption.