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KUALA LUMPUR: The FBM KLCI wrapped up the morning session slightly lower as most bank stocks extended their losses for the week following Bank Negara's signal on Wednesday that there is room for a further interest rate cut.
PETALING JAYA: Construction stocks gained momentum yesterday, driven by expectations of resumed growth for the sector, as well as the anticipation of the economic stimulus package to be announced month-end.
KUALA LUMPUR: Blue chips extended their decline on Thursday, weighed down by banks on concerns of a rate cut and weaker economic growth crimping their profits due to the Covid-19 coronavirus.
KUALA LUMPUR: JF Apex Research expects ARB Bhd, Atrium Real Estate Investment Trust (Atrium REIT) and Ekovest Bhd to be among the stocks to watch on Friday.
PETALING JAYA: Ekovest Bhd and its wholly-owned subsidiary Ekovest Construction Sdn Bhd is facing a lawsuit by Samling Resources Sdn Bhd over their aborted joint venture (JV) for the Pan Borneo Highway job.
KUALA LUMPUR: Bursa Malaysia is anticipated to trade firmer next week, re-testing the 1,600 level convincingly and pushing towards the 1,625 level, backed by positive developments in the trade war between the US and China as well as UK Brexit, analysts said
IT was one of the largest property development projects to be launched, and yet what a downer it was. This was especially evident in Bursa Malaysia’s reception of the RM140bil Bandar Malaysia deal.
KUALA LUMPUR: Kenanga Investment Bank is issuing 12 structured warrants on several companies including Datasonic Group Bhd and Globetronics Technology Bhd.
KUALA LUMPUR: The FBM KLCI succumbed to profit-taking on Thursday following the previous day's surge as foreign funds returned to buying on the domestic market.
KUALA LUMPUR: The local stock exchange failed to muster the same optimism as key regional markets on Tuesday following a record-breaking performance on Wall Street overnight.