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Analyst Reports 14 Mar 2018 | 12:40 AM

PublicInvest maintains outperform on SCGM on earnings results

KUALA LUMPUR: PublicInvest Research maintained its outperform call on SCGM Bhd with a lower target price of RM2.47 from RM3.02 previously on weaker-than-expected earnings results.

Auto 14 Mar 2018 | 12:00 AM

BAuto soars on higher third quarter earnings

PETALING JAYA: Shares of Bermaz Auto Bhd (BAuto) jumped after the company’s third quarter earnings soared more than 60%.

Corporate News 14 Mar 2018 | 12:00 AM

Sapura Energy to tweak plan for separate listing of E&P division

PETALING JAYA: Integrated oil and gas (O&G) company Sapura Energy Bhd will have to tweak its plan for a separate listing of its exploration and production (E&P) division on Bursa Malaysia after an earlier proposal was shot down by market regulators.

Corporate News 14 Mar 2018 | 12:00 AM

Consumer stocks are top performers on Bursa Malaysia

PETALING JAYA: Stock illiquidity and rising market uncertainties are seen as reasons behind the unexpected strong showing of several foreign-controlled food and beverage (F&B) stocks, which have continued to record new highs.

Business 14 Mar 2018 | 12:00 AM

Stronger case for Norway to raise rates

OSLO: The case is strengthening for Norwegian central bank policymakers to soon raise interest rates for the first time in seven years.

Corporate News 14 Mar 2018 | 12:00 AM

Top Glove earnings could be flattish quarter-on-quarter

PETALING JAYA: Maybank Investment Bank Research foresees Top Glove Corp Bhd’s upcoming second-quarter earnings to be flattish and within expectations.

Construction 14 Mar 2018 | 12:00 AM

AmInvestment Research maintains ‘hold’ call on Econpile

PETALING JAYA: AmInvestment Research has maintained its hold call on Econpile Holdings Bhd as well as its forecasts and fair value of 86 sen based on a 14 times calender year 2018 estimated earnings per share of 6.15 sen.

Analyst Reports 14 Mar 2018 | 12:00 AM

Kossan Rubber 'add', MAHB 'sell', Magnum 'buy'

KOSSAN Rubber Industries Bhd has entered into a sale and purchase agreement with Perbadanan Kemajuan Negeri Perak to acquire two plots of land for a total of RM82.4mil.

Cryptocurrency 14 Mar 2018 | 12:00 AM

Bitcoin start-ups in Asia going for remittances market

HONG KONG: Bitcoin, battered by warnings about volatility and bubble-like appreciation, may have found a way to play a niche role in a big market: overseas money transfers. The cryptocurrency circumvents banks’ transaction fees.

Markets 13 Mar 2018 | 11:06 PM

Pound pummels FTSE, results roil mid caps

LONDON/MILAN: Britain's top share index succumbed to gains in the pound on Tuesday after U.S. President Donald Trump fired Secretary of State Rex Tillerson, while disappointing earnings updates weighed on mid caps