Search
You have searched for "Kossan"
Showing 1-10 of 1393
Trading ideas: Unisem, Vitrox, F&N, IGB REIT, CapitaLand Malaysia Turst, Kossan Rubber Industries, GIIB, Petronas Gas, Shin Yang Shipping, Top Glove Corp and Anzo Holdings
KUALA LUMPUR: Stocks in focus on Thursday could include Unisem (M) Bhd, Vitrox Corp, Fraser & Neave Holdings, IGB Real Estate Investment Trust (REIT), CapitaLand Malaysia Turst, Kossan Rubber Industries, GIIB Holdings, Petronas Gas, Shin Yang Shipping Corp, Top Glove Corp and Anzo Holdings, according to JF Apex Research.
Kossan net profit tumbles to RM90mil in 1Q
KUALA LUMPUR: Kossan Rubber Industries Bhd’s net profit tumbled to RM90.1mil in the first quarter ended March 31 (1Q22) from RM1.04bil in the previous corresponding period, due to lower revenue from its gloves and clean-room divisions.
Minimum wage won’t impact glove sector
PETALING JAYA: While the new minimum wage will weigh on glove makers’ earnings, the impact will likely be minimal as they have already been paying workers around the same rate as the revised statutory amount.
Trading ideas: Datasonic, Asia Poly, Bintai Kinden, CTOS, British American Tobacco, Carlsberg, Hibiscus Petroleum, Kobay Technology and Kossan
KUALA LUMPUR: Investors could be eyeing Datasonic, Asia Poly, Bintai Kinden, CTOS, British American Tobacco, Carlsberg, Hibiscus Petroleum, Kobay Technology and Kossan, said JF Apex Research.
Kossan records 4Q net profit of RM218.7mil
KUALA LUMPUR: Kossan Rubber Industries Bhd saw its profit more than halve to RM218.67mil in the fourth quarter ended Dec 31, 2021 (4Q21) from RM543.42mil in the same quarter a year ago.
FBM KLCI pulls ahead as Wall Street earnings lift sentiment
KUALA LUMPUR: The FBM KLCI maintained its lead at midday after a surge of buying interest in blue chips as US corporate results lent support and the government announced there will be no full lockdown measures due to an increase in Covid-19 cases.
Gloves lift KLCI higher as Covid-19 cases spike
KUALA LUMPUR: Glove makers underpinned the FBM KLCI’s advance following the surge of Covid-19 cases amid a positive market sentiment.
Pressure on equity market
STOCK markets in Asia tumbled into technical correction, with some falling into bear-market territory, over the week as investor sentiment turned cautious on geopolitical concerns as well as the impending rate hike by the United States Federal Reserve (Fed).
FBM KLCI in negative territory at midday
KUALA LUMPUR: Bursa Malaysia ended the morning session in the negative territory as investors took profit ahead of Bank Negara’s overnight policy rate (OPR) meeting on Thursday.
Bursa tracks Wall St sell-off
KUALA LUMPUR: Bursa Malaysia was weighed down by a weak performance on Wall Street overnight following revelations that the US Federal Reserve may be looking to reduce its balance sheet following its interest rate hike cycle.
