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Business 12 Dec 2013 | 10:16 AM

Fed tapering worries weigh on KLCI as Tenaga, Genting slip

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.

Business 11 Dec 2013 | 5:14 PM

KLCI ends Wednesday lower despite push from Tenaga, Maybank

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.

Business 11 Dec 2013 | 1:23 PM

Destini shares down after contract deal with Defence Ministry

KUALA LUMPUR: Destini Bhd’s shares were down after it had secured a three-year contract from the Defence Ministry to supply defence equipment.

Business 11 Dec 2013 | 12:40 PM

Profit taking of PetChem, IOI drive KLCI lower

KUALA LUMPUR: Profit taking of PetChem and IOI Corp dragged the FBM KLCI marginally lower at midday on Wednesday, mirroring the weaker broader market and Asian equities.

Business 11 Dec 2013 | 11:25 AM

Perisai Petroleum crosses RM1.50 on vessel contract

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.

Business 11 Dec 2013 | 10:55 AM

UMW, Public Bank, IOI Corp push KLCI into red

KUALA LUMPUR: Profit taking on recent gainers including UMW, Public Bank and IOI Corp pushed the key index into the red in late morning trade on Wednesday.

Business 11 Dec 2013 | 9:22 AM

Petronas Gas, KLCC lead blue chips higher

KUALA LUMPUR: Malaysia’s blue chips climbed in early Wednesday trade, with Petronas Gas, KLCC and PPB among the gainers amid mild profit taking of recent gainers including Telekom Malaysia.

Business 11 Dec 2013 | 8:53 AM

Trading ideas: Sumatec, Destini, Mah Sing, Berjaya Assets

KUALA LUMPUR: JF Apex Research expects Sumatec, Destini, Mah Sing Group and Berjaya Assets to see trading interest on Wednesday.

Business 10 Dec 2013 | 5:42 PM

UMW O&G in focus as KLCI extends winning streak (Update)

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.

Business 10 Dec 2013 | 12:46 PM

Plantations, TM nudge KLCI to another record high

KUALA LUMPUR: Sustained window dressing for selected heavyweights and plantations pushed the FBM KLCI to a fresh record high at the midday break on Tuesday.