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Blue chips steady early Tuesday as Public Bank, Sime Plantation advance

KUALA LUMPUR: Blue chips managed to snap back from the early profit taking on Tuesday on fund buying of Nestle, Public Bank and Sime Plantation.


KLCI slips early Wednesday on worries about US tariffs again

KUALA LUMPUR: Blue chips slipped early Wednesday as worries about US tariffs again after US President Donald Trump's top economic adviser, Gary Cohn resigned, sending the US futures lower.


Eye On Stock: UEM Edgenta

UEM Edgenta Bhd (code: 1368) remains on an uptrend following a breakaway gap on Feb 21 that saw the share price jump 18 sen on strong momentum.


Nestle 'sell', UEM Edgenta 'buy', Three-A 'outperform', construction 'overweight'

NESTLE’S core net profit of RM139mil for the fourth quarter of financial year 2017 (FY17) brings FY17 core net profit to RM634mil.

Corporate News

KLCI moves higher ahead of corporate earnings results

KUALA LUMPUR: The local bourse recovered from a brief breather in early morning trade to move higher amid positive performances in other regional markets.


KLCI slips early Wednesday after weaker Wall Street

KUALA LUMPUR: Investors remained cautious early Wednesday after the weaker overnight close on Wall Street and decided to take some money off the table as they await the barrage of corporate results for the quarter ended Dec 31, 2017 which enters full swing from now.


Trading ideas: Bina Darulaman, Nestle, Halex, UEM Edgenta

KUALA LUMPUR: JF Apex Research expects Bina Darulaman, Nestle, Halex and UEM Edgenta to among the stocks to watch on Wednesday after their corporate news.


UEM Edgenta declares higher dividend on four-fold increase in net profit

PETALING JAYA: UEM Edgenta Bhd has declared a single-tier special dividend of 18 sen per share and a single-tier second interim dividend of five sen per share in respect of its financial year ended Dec 31, 2017 (FY17).

Corporate News

UEM Edgenta hands out special dividend

KUALA LUMPUR: UEM Edgenta Bhd has declared a special dividend payout to shareholders after the disposal of a unit in New Zealand boosted its profits in the last quarter ended Dec 31, 2017.


Debt raising vital for Khazanah stable of enterprises

DEBT has always been an efficient tool for finance and investment and it comes to no surprise that the list of companies that have the largest amount of debt includes some of the largest companies on Bursa Malaysia.