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Investors flee equities, KLCI at lowest since end-March

KUALA LUMPUR: Key Asian markets and European bourses were awash in the red on Friday as investors fled riskier assets including equities in a knee-jerk reaction to the US conflicts in Ukraine and the Middle East.

Corporate News

KLCI down 12 points as Petronas stocks, Tenaga slide

KUALA LUMPUR: Key Asian markets and Malaysia’s FBM KLCI skidded in early Friday on mounting geopolitical tensions in Ukraine and the Middle East.

Corporate News

Tenaga main drag on KLCI, Bursa volume exceeds 3b units

KUALA LUMPUR: The FBM KLCI shed nearly three points at the close on Thursday, with Tenaga Nasional the main drag while several small-capitalised plantations also lost ground.

Analyst Reports

Trading ideas: High-5, Ivory Properties, Tasco, Axiata, Mesiniaga

KUALA LUMPUR: JF Apex Research expects High-5, Ivory Properties, Tasco, Malaysia Airlines (MAS), Axiata Group, Mesiniaga and CB Industrial Products (CBIP) to attract trading interest on Thursday.


RHB Research keeps Neutral on Tasco, upgrades Paramount

KUALA LUMPUR: RHB Research has downgraded Tasco to Neutral as its current share price has exceeded its fair value (FV) of RM2.30.


RHB Research maintains Buy on Tasco

KUALA LUMPUR: RHB Research has maintained its Buy call on Tasco with a fair value of RM2.30.


KLCI eases in early trade, Sime, Genting weigh

KUALA LUMPUR: Malaysia's blue chips slipped in early trade on Tuesday on mild profit taking of key stocks like Sime Darby and Genting Bhd, but the underlying tone of the market was firm.


Tasco making healthy strides

TASCO’S first quarter (ended March 31) revenue, earnings and core earnings came in at RM117.9mil, RM6.8mil and RM6.5mil respectively, with core earnings representing 18% of our financial year 2012 (FY12) forecast.


Asian markets closed higher

United States economy showing signs of recovery


Bursa raps 4 firms for breaching rules

PETALING JAYA: Bursa Malaysia has publicly reprimanded four companies - VTI Vintage Bhd, Oilcorp Bhd, Tasco Bhd and Ramunia Holdings Bhd - for breaching stock exchange rules.