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Business 07 Jan 2014 | 3:43 PM

Bursa Securities queries IQ Group after share price hits limit-up

KUALA LUMPUR: Bursa Malaysia Securities has queried IQ Group Bhd after its share price hit limit-up on Tuesday afternoon.

Business 07 Jan 2014 | 12:54 PM

SKPetro, Maybank push KLCI higher

KUALA LUMPUR: The FBM KLCI reversed its losses and ended Tuesday’s morning session almost two points higher backed by SKPetro and Maybank amid a mixed regional sentiment.

Business 07 Jan 2014 | 10:40 AM

Public Bank continues to see profit taking

KUALA LUMPUR: Public Bank’s shares resumed their decline on Tuesday as investors took profit, spurred by the merger of local and foreign shares last week.

Business 07 Jan 2014 | 9:36 AM

Perak Corp jumps on privatisation plan

KUALA LUMPUR: Shares of Perak Corporation rose in early Tuesday trade after its major shareholder Perbadanan Kemajuan Negeri Perak (PKNP) intends to privatise it.

Business 07 Jan 2014 | 8:56 AM

Alliance Research maintains Neutral on glove makers

KUALA LUMPUR: Alliance Research said Malaysia’s glove sector had delivered good results in 2013, leading to a good run for the sector during the year which outperformed the FBM KLCI by 53%.

Business 07 Jan 2014 | 8:33 AM

Trading ideas: Perak Corp, MMC Corp, Bina Puri

KUALA LUMPUR: Hwang DBS Vickers Research (HDBSVR) expects Perak Corporation, MMC Corporation and Bina Puri to see some trading interest on Tuesday amid selling pressure on Malaysian equities.

Business 06 Jan 2014 | 5:15 PM

KLCI ends Monday lower on late selling of PetGas, CIMB

KUALA LUMPUR: Late selling of Petronas Gas, CIMB and other key stocks dragged the FBM KLCI down nearly six points against the firmer broader market, as investors were concerned about China’s services data.

Business 06 Jan 2014 | 3:38 PM

MMC Corp climbs on privatisation talk, may list IPP, ports

KUALA LUMPUR: UOB Kay Hian Research Malaysia puts MMC Corp as its top pick for its potential privatisation candidate list and said the company could profit from its manufacturing activities and its landbank.

Analyst Reports 06 Jan 2014 | 3:26 PM

Shares of Matrix Concepts up after analysts initiate coverage, Buy call

KUALA LUMPUR: Shares of Matrix Concepts Holdings rose at mid afternoon on Monday after RHB Research initiated its stock with a Buy call and a RM5 fair value.

Business 06 Jan 2014 | 12:55 PM

Lysaght’s share price skids 15% to RM3.06

KUALA LUMPUR: Lysaght Galvanised Steel Bhd’s share price tumbled to a low of RM3.06 in the morning session on Monday, almost giving up all its gains from last Friday.