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Bursa bounces after recent heavy losses
KUALA LUMPUR: Bursa Malaysia bounced back after strong selling pressure yesterday on fears that rising inflation could derail global economic growth.
Trading ideas: Serba Dinamik Holdings, Top Glove, Yinson Holdings, Gas Malaysia, Pentamaster, Kelington Group
KUALA LUMPUR: Stocks to watch for on Friday include Serba Dinamik Holdings, Top Glove, Yinson Holdings, Gas Malaysia, Pentamaster, Kelington Group, according to JF Apex Research.
Pentamaster 1Q net profit jumps 27%
KUALA LUMPUR: Pentamaster Corp Bhd’s net profit rose 26.9% to RM20.4mil in the first quarter ended March 31, from RM16.07mil a year ago.
Conservative growth strategy for 2022
External events affect electronic manufacturing firms
Pentamaster eyes expansion to Germany, setting up offices in Indonesia, Middle East
KUALA LUMPUR: Pentamaster Corporation Bhd, an automation technology solutions and services provider, will continue to further strengthen its geographical footprint in 2022 and next year through its products and solutions.
Semiconductor earnings to remain stable
PETALING JAYA: Malaysian semiconductor companies’ margins in 2022 are expected to remain fairly stable despite the rising cost environment, as the structural shift towards a higher margin portfolio and advanced packages will help to alleviate inflationary cost pressures, according to CGS-CIMB Research.
Investors take profit on blue chips
KUALA LUMPUR: Despite opening higher at the start of the opening bell, the FBM KLCI succumbed to profit taking activities on Monday.
KLCI opens higher but drifts lower thereafter
KUALA LUMPUR: The FBM KLCI opened higher but drifted lower thereafter.