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KUALA LUMPUR: The FBM KLCI failed to hold on to its gains generated in early trade as market sentiment may remain cautious.
KUALA LUMPUR: The FBM KLCI fell into negative territory by the lunch break, dragged lower by glove and bank counters in the final week of the corporate earnings season.
KUALA LUMPUR: Malaysian long-haul budget airline AirAsia X Bhd (AAX) has proposed a separate restructuring programme for its aircraft lessors that aims to tackle their concerns, citing chance to recover rental losses, a document seen by Reuters shows.
Covid-19 immunisation plan seen to help the stock
KUALA LUMPUR: Yong Tai, I-Bhd, Malaysia Airports (MAHB), UMW and ARB are among the stocks to watch on Tuesday following their corporate announcements, JF Apex Research says.
KUALA LUMPUR: RHB Research has raised its FY22 earnings forecast on Malaysia Airports Holdings Bhd as it expects the end-February start of the National Covid-19 Immunisation Plan to signal the gradual improvement of air passenger volume.
KUALA LUMPUR: Passenger movements for Malaysia Airports Holdings Bhd’s (MAHB) network of airports contracted by 82.6% to 2.1 million in January 2021 from 11.89 million in the same month last year.
KUALA LUMPUR: Malaysia Airports Holdings Bhd sees a gradual recovery in domestic air travel over the next few months once daily Covid-19 cases are reduced, interstate travel restrictions are lifted and confidence of air travellers builds up with the increasing number of populations vaccinated.
PETALING JAYA: The travel bubble between Malaysia and Indonesia would not have significant impact on the aviation sector as strict travel conditions may limit passenger traffic.