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KUALA LUMPUR: Malaysia’s blue chips fell in early trade on Thursday as profit taking on index-linked stocks like Tenaga and Genting Bhd after the recent run-up in their shares.
KUALA LUMPUR: The FBM KLCI ended Wednesday lower despite a last minute push by Tenaga and Maybank, as investors locked in profits on Petronas-linked stocks and IOI Corp.
KUALA LUMPUR: Destini Bhd’s shares were down after it had secured a three-year contract from the Defence Ministry to supply defence equipment.
KUALA LUMPUR: Perisai Petroleum Teknologi Bhd’s associate, which clinched a US$272.1mil (RM870mil) contract from Hess Exploration and Production Malaysia B.V., has started work in the North Malay Basin.
KUALA LUMPUR: JF Apex Research expects Sumatec, Destini, Mah Sing Group and Berjaya Assets to see trading interest on Wednesday.
KUALA LUMPUR: UMW Oil & Gas was in the focus on Tuesday as CIMB Equities Research initiated coverage with an Outperform call while the FBM KLCI advanced to fresh record high.