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KUALA LUMPUR: MIDF Research is revising higher its earnings estimates for Daibochi Bhd as it takes into account the resilient demand for flexible plastic packaging from the group's customers coupled with the expected increase in production capacity.
KUALA LUMPUR: Foreign funds changed course by turning to be net buyers to the tune of RM70.91mil in comparison to net selling the previous week, according to MIDF Research.
The Asean-5 economies are in a technical recession based on their second quarter gross domestic product (GDP) figures and this is induced by the Covid-19 pandemic.
PETALING JAYA: The setting up of a centralised and independent maintenance, repair and overhaul (MRO) unit by AirAsia Group Bhd could potentially bring in revenue of about RM1bil a year.
PETALING JAYA: After a good rally since April this year, the local stock market is seeing some reversals as investors take some profits before the loan moratorium comes to an end this month.
Asean economies, including Malaysia’s, set to improve going forward
PETALING JAYA: The recent unscheduled water disruption in Selangor was painful for millions but it has benefited bottled water producers, including Spritzer Bhd, who saw brisk sales.
KUALA LUMPUR: Bursa Malaysia joined key Asian markets to trade lower at the midday break on Monday on concerns about the Covid-19 coronavirus pandemic’s impact on global economies.
KUALA LUMPUR: Foreign funds sold RM589.38mil net of local equities last week against RM485mil disposed in the week prior, according to MIDF Research.