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KUALA LUMPUR: Salutica Bhd's earnings in its fourth quarter ending June 30, 2017, plunged 68% to RM2.4mil on the back of a 28% decline in revenue.
Revenue for Bermaz Auto (BAuto) in the fourth quarter of financial year 2017 (FY17) fell 34% year-on-year (y-o-y) to RM354mil, mainly due to lower sales volume in both Malaysia and the Philippines, which dropped by 37% and 9%, respectively
KUALA LUMPUR: Share prices on Bursa Malaysia ended lower today, prompted by continuous selling pressure in most heavyweight counters.
KUALA LUMPUR: Blue chips managed to eke out slim gains on Thursday amid a cautious broader market on rising profit taking as investors became cautious over the uncertainties in the crude oil price.
KUALA LUMPUR: Petronas Chemicals, HLFG and IOI Corp helped underpin the FBM KLCI's firm rebound on Wednesday, but Bursa Malaysia still lagged the key regional markets though the ringgit continued its advance.
KUALA LUMPUR: Malaysia’s blue chips closed lower on Friday, weighed down by selling of key stocks including Axiata and Maybank, as selling picked up pace, mirroring the weaker key regional markets.
This continues the roundtable discussionon the state of the economy andthe stock market.Participants at the discussion were Aberdeen Asset Management Sdn Bhd managing director Gerald Ambrose,Avenue Invest Bhd chief investmentofficer Nik Azhar Abdullah, CMSDresdner Asset Management Sdn Bhdchief investment officer Scott Lim,iCapital.biz managing director Tan TengBoo and Meridian Asset ManagementSdn Bhd chief investment officer TanBeng Ling. StarBiz associate editor C.S. TAN and journalist YEOW POOI LING moderatedthe discussion. Part one of the discussionwas published Wednesday. Excerpts of the discussion on the stock market.