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KUALA LUMPUR: Amid greater calls to address the climate change agenda, more local oil and gas (O&G) companies are taking steps to prepare for a greener future, including through commitments to reduce carbon emission and diversifying their investments into renewable energy (RE) assets.
CREADOR’S purchase of a 30% stake in Loob Holding Sdn Bhd – the owner of milk tea brand Tealive – has reignited market interest in the food and beverage sector.
KUALA LUMPUR: The net outflow of foreign funds from Bursa Malaysia slowed over the previous week to RM108.1mil due to the trading week being shortened for the Raya break.
Public Bank and Hong Leong Bank helped shore up the FBM KLCI in early Wednesday trade but again the broader market was cautious as the MCO 3.0 came into effect throughout the nation.
KUALA LUMPUR: The FBM KLCI ended the day in red on Friday in line with the weak performance of its regional peers.
KUALA LUMPUR: The FBM KLCI retreated into the red after glove stocks erased earlier gains on profit-taking.
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd extended its share price rally on Friday following the recent release of its first-quarter earnings, which saw the group return to the black.
KUALA LUMPUR: Stocks that could see investor interest on Friday include Ancom, Nylex, IJM Corp, Lotte Chemical Titan, Bintai Kinden, MMHE, Pavilion, Samchem and AMMB.
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (LCT) returned to the black, with its highest quarterly net profit of RM440mil for the first quarter ended March 31,2021, supported by substantially stronger product margin spreads seen from a year ago.