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Quick take: BAuto shares fall 2.8% after missing profit expectations
KUALA LUMPUR: Shares in Bermaz Auto Bhd (BAuto) fell 2.8% in early trade Wednesday after its net profit in the second quarter ended Oct 31,2019 fell 72%.
Foreign funds dump shares, buy debts
PETALING JAYA: There seems to be some repositioning of foreign funds in the Malaysian capital market.
Foreign investors ramp up selling on Bursa to RM834.6mil net
KUALA LUMPUR: Offshore funds accelerated their selling of equities on Bursa Malaysia last week to RM834.6mil, said MIDF research.
Not right time for stronger ringgit
PETALING JAYA: Prime Minister Tun Dr Mahathir Mohamad’s latest comment on the ringgit has raised questions on whether a stronger ringgit is on the cards.
Exports in October at 12-month high at RM90.59bil
PETALING JAYA: Malaysia’s exports in October hit a 12-month high at RM90.59bil boosted by higher exports of optical and scientific equipment despite a contraction in electrical and electronic (E&E) products
Foreign selling of Malaysian equities swells to RM761.2mil
KUALA LUMPUR: Foreign selling of shares on Bursa Malaysia intensified further last week, according to MIDF Research.
Foreign selling of Malaysian equity swelled to RM761.2mil last week
KUALA LUMPUR: Foreign selling of shares on Bursa Malaysia intensified further last week, according to MIDF Research.
Analysts still bullish on IOI Properties’ prospects
PETALING JAYA: Analysts continue to be bullish on IOI Properties Group Bhd’s prospects despite the sluggish property sector at home.
Analysts upbeat on MAHB earnings potential
PETALING JAYA: Analysts are positive on the earnings growth potential of Malaysia Airports Holdings Bhd (MAHB), given its rising passenger volume.
Car sales up 14% in Oct
PETALING JAYA: Total vehicle sales rose 14% to 53,870 units last month from 47,273 units in the previous corresponding period, buoyed by year-end promotional campaigns.