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Business 09 Jan 2014 | 4:29 PM

CPO extends losses for 6 days, plantations fall

KUALA LUMPUR: Malaysia’s plantation stocks fell in late afternoon on Thursday, as sentiment took a hit as crude palm oil (CPO) for third month futures extended the decline for the sixth day.

Business 09 Jan 2014 | 1:47 PM

Equities in Asia Pacific still cheap, says BlackRock Asian Equities

KUALA LUMPUR: Equities in Asia Pacific are still relatively cheap riding on the US move to taper QE on the back of improved economic sentiments, according to BlackRock Asian Equities team director and portfolio manager Joshua Crabb.

Business 09 Jan 2014 | 12:57 PM

Stronger economic data pushes KLCI higher

KUALA LUMPUR: The FBM KLCI ended Thursday’s morning session higher as market sentiment firmed up following stronger than expected economic data.

Business 09 Jan 2014 | 11:30 AM

Puncak Niaga climbs on resolution to water issue

KUALA LUMPUR: Puncak Niaga Holdings’ share price rose to a high of RM3.43 on Thursday on news the federal and state governments agreed to the National Water Services Commission managing the four water concessionaires in Selangor.

Business 09 Jan 2014 | 10:31 AM

Scomi Energy shares up after RM90mil Petronas deal

KUALA LUMPUR: Shares of Scomi Energy Services rose to a high of 85.5 sen in mid-morning trade on Thursday after it had secured two jobs worth RM90mil from Petroliam Nasional (Petronas).

Business 09 Jan 2014 | 9:20 AM

Public Bank gains in early trade, Tenaga slips

KUALA LUMPUR: Public Bank rose in early Thursday trade as sentiment perked up in the banking group while Tenaga Nasional shed some its recent gains but analysts expected the FBM KLCI to remain subdued.

Business 09 Jan 2014 | 8:43 AM

Malaysia’s KLCI to test resistance of 1,840

KUALA LUMUR: Hwang DBS Vickers Research (HDBSVR) expects Malaysia’s stock market to extend its technical rebound on Thursday on follow-though bargain hunting.

Business 08 Jan 2014 | 5:17 PM

KLCI buying momentum persists, ends Wednesday higher

KUALA LUMPUR: The FBM KLCI ended Wednesday firmer supported by gains in Tenaga as buying momentum persisted throughout the day ahead of the Chinese New Year celebrations.

Business 08 Jan 2014 | 1:12 PM

Bursa Securities queries Grand Hoover after shares hit limit-up

KUALA LUMPUR: Bursa Malaysia Securities has queried Grand Hoover Bhd after its share price hit limit-up in the morning session on Wednesday.

Business 08 Jan 2014 | 12:47 PM

Gains in Tenaga lift KLCI higher

KUALA LUMPUR: Gains in Tenaga powered up the FBM KLCI up almost 10 points at midday on Wednesday in a pre-Chinese New Year buying sentiment, mirroring the firmer Asian markets.