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KUALA LUMPUR: Heightened levels of uncertainty on the political scene are likely to be the order of the day again after Opposition leader Datuk Seri Anwar Ibrahim claims he has a “strong, formidable majority” to form a new Federal Government, PublicInvest Research says.
PETALING JAYA: Garment manufacturer Magni-Tech Industries Bhd is disposing of a vacant piece of industrial land with a factory building in Penang for RM22mil.
KUALA LUMPUR: Garment maker Magni-Tech Industries Bhd has entered into a deal to sell a property in Seberang Perai, Penang for RM22mil cash.
STOCKS have started the second half of 2020 in a strong position after a volatile period in the first half of the year.
KUALA LUMPUR: Bursa Malaysia may continue to perform in the near- to medium-term on a liquidity-driven push, but PublicInvest Research is retaining its conservative stance.
KUALA LUMPUR: Stocks to watch on Tuesday include Rubberex Corp (M) Bhd, Magni-Tech Industries Bhd, Supercomnet Technologies Bhd, Muhibbah Engineering (M) Bhd, Techbond Group Bhd and YNH Property Bhd.
KUALA LUMPUR: Shares in Magni-Tech Industries Bhd fell over 3% in early trade Tuesday after it posted an 8.31% drop in net profit for its third quarter ended Jan 31, 2020.
KUALA LUMPUR: Leong Hup International Bhd, Uzma Bhd, Kim Teck Cheong Consolidated Bhd (KTC), Bina Darulaman Bhd and Kanger International Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.
KUALA LUMPUR: Bursa Malaysia extended its losses early Tuesday as political uncertainties and implementation of policies to battle the Covid-19 coronavirus were still cloudy but the selldown could provide some buying opportunities for the brave hearted investors.
KUALA LUMPUR: Stocks to watch on Wednesday include Malaysia Airports Holdings Bhd (MAHB), Bermaz Auto Bhd, Magni-Tech Industries Bhd, LFE Corp Bhd and TSR Capital Bhd, according to JF Apex Research.