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KUALA LUMPUR: Foreign funds were net sellers again on Bursa Malaysia in the week ended Oct 23 at RM214.4mil but this was at a smaller pace from the previous week, MIDF Research says.
IT is interesting to observe the outcomes when a listed company embarks on a spin-off and list its subsidiary. Typically, a subsidiary is listed to unlock greater valu
KUALA LUMPUR: Stocks to watch on Thursday include Kerjaya Prospek Group Bhd, Mah Sing Group Bhd, Kumpulan Powernet Bhd, Ekovest Bhd and Hua Yang Bhd, accrording to JF Apex Research.
Investors dump stocks on vaccine news, potential windfall tax
PETALING JAYA: Mah Sing Group Bhd is moving quickly in its entry into the rubber glove sector with additional piling works going on at its glove manufacturing factory in Kapar, Klang. It has targeted to start production by April 2021.
KUALA LUMPUR: Profit taking of glove makers accelerated in the afternoon session especially for Top Glove and Hartalega and sent the key FBM KLCI below the crucial 1,500 level.
KUALA LUMPUR: Mah Sing Group Bhd targets to produce gloves by April next year to meet the pent-up demand due to the on-going Covid-19 pandemic.
KUALA LUMPUR: The FBM KLCI recorded a sharp fall in mid-morning trade as investors took profit off glove counters amid news of China's coronavirus vaccine being rolled out.
KUALA LUMPUR: Bursa Malaysia slipped into negative territory at midday on Tuesday as glove stocks shed recent gains due to profit taking but technology and semiconductor stocks provided some respite.