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Rubber glove stocks rally
PETALING JAYA: Renewed optimism on the rubber glove and healthcare sector saw another fierce rally at play, with the FBM KLCI swept up alongside other regional markets as an impending global shortage of gloves is anticipated.
Foreign selling on Bursa Malaysia hits RM13.3bil year to date
KUALA LUMPUR: The year-to-date foreign net outow from Bursa Malaysia surpassed RM13nil last Friday to touch RM13.3bil, according to MIDF Research.
Foreign selling on Bursa Malaysia slowed to RM714.7mil last week
KUALA LUMPUR: Foreign selling of Malaysian equities slowed down to RM714.7mil last week against RM843.2mil in the preceding week, according to MIDF Research.
MBM seen supported by strong balance sheet amid uncertainty
PETALING JAYA: MBM Resources Bhd’s strong balance sheet is expected to help steer the company through the economic uncertainties and challenges that lie ahead.
KKB to focus on the Sarawak Water Supply Grid programme
PETALING JAYA: Integrated engineering player KKB Engineering Bhd will tender for more jobs from the third quarter of 2020 onwards, with a renewed focus on the Sarawak Water Supply Grid programme, says its executive director Kho Pok Tong.
Lenders increase client scrutiny
Higher level of due diligence is given to sectors deemed vulnerable to Covid-19
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.