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Trading ideas: Cymao, Zhulian, Axis Reit, Hibiscus, Widad, YTL, MAHB
KUALA LUMPUR: Stocks to watch on Thursday include Cymao Holdings Bhd, Zhulian Corp Bhd, Axis Real Estate Investment Trust, Hibiscus Petroleum Bhd, Widad Group Bhd, YTL Corp Bhd and Malaysia Airports Holdings Bhd (MAHB), according to JF Apex Research.
Hibiscus unit's two UK licence deals fully executed
PETALING JAYA: Hibiscus Petroleum Bhd has announced that the UK Oil and Gas Authority (OGA) has advised that two of the three licence agreements pursuant to the latter’s offer for award received by Hibiscus’ indirect wholly-owned subsidiary Anasuria Hibiscus UK Ltd (AHUK), have been fully-executed.
Domestic market rebounds on bargain hunting
KUALA LUMPUR: The domestic market rebounded on Wednesday as investors regained confidence following the government's announcement yesterday that businesses will remain open despite the state of emergency.
Park struggling to cope with fewer visitors
THE popular Kuala Lumpur Butterfly Park located in Taman Tasik Perdana is struggling to cover its overheads due to the Covid-19 pandemic.
Quick take: O&G counters rise as crude oil prices soar
KUALA LUMPUR:Oil and gas (O&G) related counters saw gains this morning as oil futures rallied by nearly 5% on Tuesday.
Cautious start for Bursa as Tenaga, banks weigh
KUALA LUMPUR: Bursa Malaysia started Wednesday on a cautious note after two days of volatility, with Tenaga Nasional, IHH Healthcare, Hong Leong Bank and Public Bank weighing on the FBM KLCI.
Taylor’s launches first-of-its-kind mental health lab
THE Taylor’s University new lab facility which operates under its School of Liberal Arts and Sciences (SLAS) is a first-of-its-kind research and therapy centre in Southeast Asia.
FBM KLCI advances on window-dressing activity
KUALA LUMPUR: Bursa Malaysia opened the week higher after a long weekend, bolstered by window-dressing activity.
Investors take profit ahead of Christmas holiday
KUALA LUMPUR:The FBM KLCI remained in the red at midday as investors opted to take profit on the eve of Christmas following yesterday's strong rebound.
Stocks, oil prices fall in another round of sell-offs
KUALA LUMPUR: The FBM KLCI remained wobbly over the course of the day as investors sold down on equities on concerns over the new coronavirus strain and growing restrictions in Europe.