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Business 03 Jan 2003 | 12:00 AM

KLSE gets off to a rocky start

THE KLSE got off to a rocky start in the first trading day of the year as window-dressing activities that had lent support to the market in recent weeks apparently disappeared. The Composite Index (CI ) skidded nearly 14 points or 2.15% to 632.4 yesterday, as investors sold down their holdings, on heightened fears of war between the US and Iraq.

Business 28 Jan 2003 | 12:00 AM

Asian markets tumble as war fears mount

WAR jitters continued to weigh on stock markets in Asia yesterday. The Seoul and Jakarta bourses were the worst hit, with their indices sliding nearly 3%.

Business 28 Jan 2003 | 12:00 AM

Investors go for PGas and MISC

INVESTORS, especially local institutional funds, are beginning to shift some of their portfolio funds into shares of Petronas Gas Bhd and Malaysian International Shipping Corp Bhd (MISC) amid growing fears of a US-led strike against Iraq.

Nation 31 Jan 2003 | 12:00 AM

Gema believes in Gebeng's anti-fire system

The public has been assured that the fire prevention system installed by companies with petrochemical interests in the Gebeng industrial area here is up to the mark.

Business 19 Feb 2003 | 12:00 AM

PGas posts 9-month net profit of RM472mil

PETRONAS Gas Bhd has posted a net profit of RM471.85mil on sales of RM1.69bil for the nine months to December 2002, up from the year-earlier profit of RM359.72mil on sales of RM1.43bil.

Business 01 Mar 2003 | 12:00 AM

Asian markets close lower on continued geopolitical tensions

STOCK markets across Asia moved aimlessly yesterday amid continued geopolitical tensions to close lower on the week. Although some made modest gains on the day, they all ended the week between 0.9% and 4.7% lower than on Monday.

Business 08 Mar 2003 | 12:00 AM

Govt may issue RM18bil bonds

MALAYSIA may sell up to RM18bil of government bonds this year to help fund its pump-priming measures, according to Rating Agency Malaysia Bhd (RAM).

Business 08 Mar 2003 | 12:00 AM

Heavyweights fail to give impetus

IF the Kuala Lumpur Stock Exchange's performance over the last two weeks is anything to go by, the deluge of corporate results released into the market in recent weeks have provided investors with little in the way of encouragement.

Business 12 Apr 2003 | 12:00 AM

Sapura Energy expects higher contribution from overseas ventures

SAPURA Energy Sdn Bhd, which is venturing into Myanmar and Thailand this year, expects its overseas ventures to make a significantly higher contribution to its revenue for the financial year ending Jan 31, 2004.

Business 20 May 2003 | 12:00 AM

Active bond market seen: Aseambankers

THE Malaysian bond market is gradually entering a buoyant cycle and institutional investors should look to the domestic bond market for capital gains opportunities, particularly bonds with credit ratings lower than the AAA issues such as AA or single-A corporate bonds.