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KUALA LUMPUR: Local equities tracked global markets higher as the US Federal Reserve maintained its interest rate and signaled that it may keep borrowing costs unchanged through 2020.
KUALA LUMPUR: Velesto Energy Bhd's US$30mil contract win for its Naga 4 drilling rig will be earnings accretive for the company and highlights the increase in rig demand in Malaysia waters, says Kenanga research.
PETALING JAYA: Crude palm oil (CPO) prices may have a run-up ahead of fundamentals on supply crunch fears due to slower output growth and higher biodiesel mandates.
PETALING JAYA: Better earnings are expected for Bermaz Auto Bhd (BAuto) in the second half of its current financial year ending April 30,2020, on the back of anticipated demand for new and existing Mazda models.
KUALA LUMPUR: The local market continued to slip on Wednesday as a deadline for a potential trade deal between the US and China loomed, and the odds of another deadline extension seemed increasingly likely.
PETALING JAYA: The Malaysian construction sector, a key harbinger of economic growth, has borne the brunt of weak business sentiment and lack of building jobs in the market.PETALING JAYA: The Malaysian construction sector, a key harbinger of economic growth, has borne the brunt of weak business sentiment and lack of building jobs in the market.
PETALING JAYA: There seems to be some repositioning of foreign funds in the Malaysian capital market.
PETALING JAYA: FGV Holdings Bhd’s share price rallied to a high of RM1.45 yesterday on expectations of a new substantial shareholder.
KUALA LUMPUR: FGV Holdings Bhd's share price rallied to a high of RM1.45 on Monday on expectations of a new substantial shareholder.
MALAYSIA’s rubber gloves sector, which boasts some of the world’s largest manufacturers, sees light at the end of the tunnel.