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The first salvo from the impact of the downgrade on Malaysia by the US Federal Aviation Administration (FAA) has been fired by American Airlines (AA).
IN spite of the present sluggish property market, the KL Property Index (made up of the listed shares of property companies) has seen a pick-up in its performance this month since hitting a nine-year low on Oct 30.
PETALING JAYA: Gross domestic product (GDP) growth in the third quarter is likely to have slowed due to weaknesses in supply side data and in line with a synchronised global slowdown, according to economists from two research houses.
KUALA LUMPUR: Maybank Investment Bank Research is maintaining its negative outlook on the aviation sector after the US Federal Aviation Administration (FAA) downgraded Malaysia to Category 2 on safety concerns.
PETALING JAYA: There is likely to be a short-term boost in market sentiment on the banking sector, as Bank Negara is expected to retain its overnight policy rate.
KUALA LUMPUR: Maybank Investment Bank research no longer expects a cut in Bank Negara's overnight policy rate this year, which should provide a short-term boost to market sentiment in the banking sector.
PETALING JAYA: Wah Seong Corp Bhd’s venture into Qatar, with an eye to capture a big slice of the kingdom’s upcoming gas pipe coating business, has whetted investors’ appetite for the stock.
Ekovest Bhd’s announcement that it is willing to plough up to RM213.5mil into PLS Plantations Bhd shows just how much it is banking on the durian business.
PETALING JAYA: Maybank IB Research is the second research house over the last five months to upgrade its recommendation on KPJ Healthcare Bhd to “buy”, as it believes the stock’s selling is overdone and new value is expected to emerge.
KUALA LUMPUR: Maybank Investment Bank Research is retaining its Sell call on Globetronics Technology due to lofty valuation and limited near-term upside catalysts.