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KUALA LUMPUR: Petronas-linked stocks, Tenaga Nasional and Public Bank weighed on the FBM KLCI on Wednesday on continued fund selling but plantations brightened the gloomy market as crude palm oil (CPO) futures rallied past RM2,900.
KUALA LUMPUR: Key Asian markets and Bursa Malaysia extended their losses early Wednesday after US President Donald Trump’s comments that a US-China trade deal could be after the 2020 presidential election.
KUALA LUMPUR: Widad Group Bhd, Menang Corp (M) Bhd, Revenue Group Bhd, Reach Energy Bhd and Ranhill Holdings Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
PETALING JAYA: Genting Plantations Bhd’s net profit for the third quarter fell 23.6% to RM17.9mil, while revenue contracted marginally to RM475.3mil.
KUALA LUMPUR: Genting Plantations Bhd’s net profit for the third quarter (3Q) ended Sept 30,2019 fell to RM17.96 million from RM23.51 million in the same quarter last year.
KUALA LUMPUR: Blue chips on Bursa Malaysia followed key Asian markets higher early Wednesday, underpinned by some hope of a resolution to the US-China trade tensions.
KUALA LUMPUR: Public Bank and Hong Leong Bank again dragged the FBM KLCI into the red early Friday, tracking the lacklustre key Asian markets as investors sought more details on the US-China trade talks.
KUALA LUMPUR: Key Asian markets were in a sea of red on Thursday, with Bursa Malaysia also joining suit as losses by Petronas-linked stocks weighed on the FBM KLCI as the US-China trade tension showed no signs of abating.
As haze blanketed large tracts of South-East Asia last month, office workers with Genting Plantations Bhd in Jakarta were investigating the source of the choking smoke more than a thousand kilometers away
KUALA LUMPUR: Shares of IHH Healthcare gave the FBM KLCI the much needed lift to return to the positive zone after a volatile day on Friday – despite some late selling pressure – while key Asian markets closed higher.