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Rebound seen in smartphone sales; boost for some M'sian tech firms

PETALING JAYA: Apple Inc and Samsung Electronics Co Ltd have posted results that are above and in line with street guidance, with investors now turning more bullish despite lower smartphone sales and slowing memory chip demand.

Quick take: JCY shares rise 14% on compensation

KUALA LUMPUR: Shares in JCY International Bhd have risen some 14% following reports on its compensation for property relocation in China.

Technical weakness persists on KLCI, Brexit woes weigh on risk appetite

KUALA LUMPUR: The FBM KLCI started flat-footed on Wednesday amid a mixed US closing overnight.

Trading ideas: T7 Global, Ekovest, JCY, KESM, Matrix Concepts

KUALA LUMPUR: T7 Global Bhd, Ekovest Bhd, JCY International Bhd (JCY), KESM Industries Bhd and Matrix Concepts Holdings Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.

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JCY International

Pullback is due, positive trend remains intact

Bursa tracks rebound on Wall Street as lira shows recovery

KUALA LUMPUR: Bursa Malaysia showed promise in the opening minutes of Wednesday's session as it moved higher despite a continued slide in early Asian markets.

3 stocks to join M'sia index, 4 in small cap index

PETALING JAYA: The MSCI Malaysia Index, an important benchmark of large and mid-cap stocks for exchange traded funds and mutual funds that invest in the country’s stock exchange, will have three stocks added to it at the end of this month. The MSCI Malaysia Small Cap Index, an index tracking small-capitalised stocks, will also see four new constituents being added, while seven others will be removed

Nestle, SP Setia surge on addition to MSCI Malaysia Index, Press Metal included

KUALA LUMPUR: Nestle (Malaysia), Press Metal Aluminium and SP Setia have been included into MSCI Malaysia Index with effect from Nov 30, giving a boost to the companies as they will be under the radar of global fund managers.