Trading ideas: MPI, Genting Plantations, Malakoff, Aeon, Ranhill, Telekom Malaysia

KUALA LUMPUR: JF Apex Research expects Malaysian Pacific Industries Bhd (MPI), Genting Plantations Bhd, Malakoff Corp Bhd, Aeon Co (M) Bhd, Ranhill Utilities Bhd and Telekom Malaysia Bhd (TM).

MPI, Globetronics record higher quarterly profits

Tech stocks still resilient during testing times

PETALING JAYA: Technology-related stocks have exerted their resilience during a time when stock markets continue to be highly volatile amidst the economic uncertainties due to the coronavirus (Covid-19).

E&E players laud govt decision

PETALING JAYA: The Malaysian electrical and electronic (E&E) industry lauds the government’s decision to allow selected economic sectors that have been operating at half capacity to operate at full capacity beginning today.

Tech firms will not rush to invest after MCO is lifted

GEORGE TOWN: Local sensor and semiconductor test equipment manufacturers will remain cautious in regards to their business recovery plans even after the Movement Control Order (MCO) is lifted.

Tech firms likely to see slower sales growth

PETALING JAYA: Technology companies are likely to see slower sales growth for FY20 and FY21 as a result of the extension of the movement control order until April 28, according to UOB Kay Hian

Analyst trims tech sector earnings due to extended MCO

KUALA LUMPUR: UOB Kay Hian Malaysia Research has trimmed its technology sector earnings for FY2020 to 2021 by 2% to 7% to account for the extended movement control order (MCO).

UOB Kay Hian Research retains KLCI target of 1,440

KUALA LUMPUR: UOB Kay Hian Malaysia Research is maintaining its end-2020 FBM KLCI target of 1,440 as it will need to reassess the pace of the post-movement control order (MCO) recovery of economic activities.

Global smartphone market to fall 2.3% this year

GEORGE TOWN: The worldwide shipment of smartphones is likely to contract more than 2.3% this year, says Penang-based manufacturers of semiconductor test equipment and sensors.

Market is likely still looking for bottom amid rising risk of recession

INVESTORS have been warned: the worst is yet to come.