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KLCI bounces higher as mood over trade war shifts once again
KUALA LUMPUR: The FBM KLCI bounced slightly higher on Thursday following the sharp sell-off seen in recent sessions.
‘TNB sell-down overdone’
KUALA LUMPUR: Kenanga Investment Bank Research views the recent sell-down of Tenaga Nasional Bhd over a tax dispute as overdone given that it is not an operational issueKUALA LUMPUR: Kenanga Investment Bank Research views the recent sell-down of Tenaga Nasional Bhd over a tax dispute as overdone given that it is not an operational issue
KLCI falls towards 1,550 support on trade war rhetoric
KUALA LUMPUR: The FBM KLCI headed for its support of 1,550 as US President Donald Trump pushed on with trade war rhetoric and threatened to delay a scheduled Dec 15 first-stage agreement with China.
Sell-down of Tenaga overdone, Kenanga Research upgrades to Outperform
KUALA LUMPUR: Kenanga Investment Bank Research views the recent sell-down of Tenaga Nasional over the tax dispute is overdone given that it is not an operational issue.
Kenanga maintains 'Outperform' on MMHE, TP at RM1.05
KUALA LUMPUR: Kenanga research has maintained its outperform recommendation on Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) following the announcement of two new heavy engineering contracts.
KLCI rebounds following Friday's sell-off
KUALA LUMPUR: The FBM KLCI rebounded on Monday following the sharp sell-off at the previous week's close, but failed to close above the 1,570 level.
Falling alumina prices to boost Press Metal earnings in 4Q
KUALA LUMPUR: A drop in alumina prices is likely to further accelerate Press Metal Aluminium Holdings Bhd's earnings in the final quarter of 2019, says Kenanga research.
Maybank profit up 2% to RM2bil
PETALING JAYA: Malayan Banking Bhd (Maybank), the country’s biggest bank by assets, reported a slightly higher bottom line of almost RM2bil in its third quarter, 2% up from RM1.96bil a year ago even as it remains vigilant and cautious on its outlook for the rest of the year and the next.
Lower cost boost for TNB
PETALING JAYA: Downward trending fuel prices would likely lead to lower generation costs for Tenaga Nasional Bhd (TNB) in the final quarter of financial year 2019 (FY19).
Kenanga raises estimates on Tenaga on cheaper fuel prices
KUALA LUMPUR: Downward trending fuel prices would likely lead to lower generation costs for Tenaga Nasional Bhd in the final quarter of 2019, says Kenanga research.