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Trading idea: Marine & General, CMS, Fajarbaru, Handal Resources, Serba Dinamik

KUALA LUMPUR: JF Apex Research expects Marine & General Bhd, Cahya Mata Sarawak Bhd (CMS), Fajarbaru Builder Group Bhd, Handal Resources Bhd and Serba Dinamik Holdings Bhd are among the stocks to watch on Tuesday.

Piling company Econpile bags contracts worth RM638mil

PETALING JAYA: Piling and foundation specialist Econpile Holdings Bhd has bagged new contracts cumulatively worth RM638.6mil in the financial year ending June 30, 2019 to date, the company said in a statement yesterday.

IJM, Sunway, WCT and Muhibbah in focus as construction outlook improves

KUALA LUMPUR: CIMB Equities Research sees the order book replenishment outlook for contractors across the board (on account of the reinstatement of cancelled/ deferred jobs) has greatly improved compared to a year ago.

Quick take: Econpile active on optimism over infra projects revival

KUALA LUMPUR: Shares of Econpile Holdings Bhd shed more than 3% in early trade Monday despite news on potential revival of several key infrastructure projects.

Foreign funds may return to Malaysian market by Q3

PETALING JAYA: Foreign funds will possibly make their way back to Malaysia by the third quarter of this year to take advantage of the current reasonable valuation and cheap ringgit, says online equity broker Rakuten Trade.

Construction stocks rally on ECRL and Bandar Malaysia revival

PETALING JAYA: The revival of the multi-billion-ringgit Bandar Malaysia project has brought back interest in the construction sector, but some reckon the potential beneficiaries are likely to be limited.

Construction plays keep gains headed into midday, oil prices on a tear

KUALA LUMPUR: Construction stocks were in the spotlight in the morning section as counters seen to benefit from the resumption of the Bandar Malaysia project rocketed on the news of its revival.

Quick take: IWC hits limit-up, Ekovest surges 40%

KUALA LUMPUR: Shares of Ekovest Bhd and Iskandar Waterfront City (IWC) rallied in early trade Monday following the announcement of the revival of Bandar Malaysia project last Friday.

ECRL revival bodes well for local construction sector

KUALA LUMPUR: There is expected to be more local participation in the revived East Coast Rail LInk project from the supply of material to awarding work to local beneficiaries, says Affin Hwang Capital research.

Rakuten upbeat on stock market outlook this year

GEORGE TOWN: The stock market outlook in Malaysia is expected to be bright this year, according to Rakuten Trade Sdn Bhd.