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KUALA LUMPUR: Construction crane maker Favelle Favco Bhd warned of a challenging outlook for the rest of the year after earnings fell by almost a fifth in the first quarter on lower sales.
KUALA LUMPUR: Bursa Malaysia kicked off Monday on a cautious note as worries about the outlook for the economy were confirmed by Bank Negara’s forecast while foreign selling continued to weigh.
EARLIER this month, fears of a degradation of its Cambodian airport concession led to a sell-down of Muhibbah Engineering (M) Bhd’s shares.
KUALA LUMPUR: Blue chips slumped in early Monday trade, weighed down by declines in Tenaga Nasional and Axiata, as Bursa trailed the more positive key Asian markets.
KUALA LUMPUR: Maybank Investment Bank Research says it continues to adopt a broadly defensive investing strategy as the equity market continues to contend with multiple external and internal earnings headwinds
KUALA LUMPUR: Maybank Investment Bank Research says it continues to adopt a broadly defensive investing strategy as the equity market continues to contend with multiple external and internal earnings headwinds.
KUALA LUMPUR: Blue chips extended their decline early Thursday, weighed down by losses in Petronas Chemicals after its disappointing third quarter results, while key Asian markets were lacklustre.
KUALA LUMPUR: Blue chips were treading water early Thursday awaiting fresh leads and directions from institutional players but plantations KL Kepong and PPB Group slipped in razor thin trade.
Muhibbah Engineering (M) Sdn Bhd has been looking to diversify its income streams.
KUALA LUMPUR: Key Asian markets fell early Tuesday as worries about the worsening US-China trade war and the fallout on economies while at Bursa Malaysia, profit taking on Public Bank and Hong Leong Bank weighed on the FBM KLCI.