Kenanga upgrades SunCon to 'outperform'

KUALA LUMPUR: Despite weak earnings in the first half of this year, investors could look forward to improved prospects for Sunway Construction Bhd on the anticipation of mega-projects in 2021, says Kenanga research.

BAT prospects hit as illicit trade thrives amid MCO

KUALA LUMPUR: The movement control order could be further dampening British American Tobacco (Malaysia) Bhd's fortunes as it sways consumers towards illicit cigarettes, says Kenanga research.

Re-rating of TM seen likely if included in FBM KLCI

PETALING JAYA: A re-rating of Telekom Malaysia Bhd (TM) is likely if it is included in the FBM KLCI index with the review expected in June.

Kenanga upgrades PetGas to 'outperform' on earnings certainty

KUALA LUMPUR: With little earnings risk over the next three years, Petronas Gas Bhd's recent share price weakness could offer investors a buying opportunity, says Kenanga research.

Ringgit likely to face challenges ahead

PETALING JAYA: The ringgit could weaken further against the US dollar this week, following the 0.39% week-on-week (w-o-w) depreciation witnessed in the previous week, according to Kenanga Research.

Thong Guan’s net cash position a positive

Kenanga slashes forecast on PetDag amid challenging outlook

KUALA LUMPUR: Petronas Dagangan Bhd faces a bleak outlook as the global travelling restrictions are compounding earnings pressure from lacklustre domestic demand growth, says Kenanga research

Renewed interest in O&G

Oil and gas stocks in focus as investors shift attention from healthcare

Gas Malaysia looks to reduce opex by 10%

PETALING JAYA: Gas Malaysia Bhd which has been lowering its cost to cushion the impact of the movement control order (MCO) since March is hoping to reduce operating expenditure (opex) by about 10% in FY20.

Developers strive to make the best of a challenging year