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The big boys are likely to record huge earnings up to next year – but how long can they go on?
KUALA LUMPUR: Uncertainties about the political situation in the country weighed on investor confidence on Wednesday ahead of the Nov 6 Budget proposals despite the stronger trade data.
KUALA LUMPUR: Hartalega Holdings Bhd’s shares succumbed to selling pressure in early trade Wednesday despite posting its best-ever quarterly net profit in the second quarter ended Sept 30.
KUALA LUMPUR: Bursa Malaysia eked out marginal gains in early Wednesday trade with semiconductor and tech stocks edging higher while Asian stocks fell.
KUALA LUMPUR: Stocks to watch on Wednesday include Minetech Resources Bhd, Minetech Resources Bhd, Hartalega Holdings Bhd, Luxchem Corp Bhd, Supermax Corp Bhd, Atrium Real Estate Investment Trust and RGT Bhd, according to JF Apex Research.
FBM KLCI advances as regional markets tank, on Wall St woes
KUALA LUMPUR: Hartalega’s strong earnings, tracking the surge in Top Glove's recent results helped tip the FBM KLCI above the crucial 1,500 level on Tuesday.
KUALA LUMPUR: Hartalega Holdings Bhd's net profit jumped 424% to RM544.96mil in the second quarter ended Sept 30,2020 from RM103.86mil a year ago, riding on the surge in demand due to the on-goining Covid-19 pandemic.