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Late buying of Public Bank, Hong Leong lift KLCI
KUALA LUMPUR: Public Bank, Hong Leong Bank and Tenaga Nasional reversed their losses and nudged the FBM KLCI into the positive zone at the close of trade on Tuesday after a volatile day.
KLCI closes at day's high above key 1,600
KUALA LUMPUR: IHH Healthcare, CIMB and Digi powered the FBM KLCI comfortably above the key 1,600 level on Monday but G3 Global, which had surged in recent weeks, hit limit-down.
Banks see tough 2020
PETALING JAYA: With the prolonged US-China trade war and global growth moderating across developed and emerging economies, coupled with geopolitical tensions, the banking sector as a bellwether of the Malaysian economy is not being spared from a tough 2020.
Is it possible to have negative US rates ?
THE current state of the United States economy is not calling for negative rates yet but is there a sign of concern that President Donald Trump keeps asking for them?
‘Strike a chord with consumers’
KUALA LUMPUR: Malaysians are becoming more savvy and mature in their thinking despite the spread of fake news and sensationalism, says Gobind Singh Deo.
IHH leads KLCI up after Fortis deal blocked
KUALA LUMPUR: Shares of IHH Healthcare gave the FBM KLCI the much needed lift to return to the positive zone after a volatile day on Friday – despite some late selling pressure – while key Asian markets closed higher.
Starry night for association’s 27th anniversary dinner
Malaysia Retail Chain Association (MRCA) celebrated its 27th anniversary with a gala dinner themed “Be A Star” at One World Hotel Petaling Jaya.
RHB upgrades MISC to 'Buy', raises TP to RM9.21
KUALA LUMPUR: RHB research has upgraded MISC Bhd to a buy rating with a higher target price of RM9.21 following the release of 9M19 earnings that came within estimates.
SP Setia upgraded to Buy, new TP of RM1.68
KUALA LUMPUR: RHB Research has upgraded SP Setia to Buy from Neutral with a new target price pf RM1.68. Its last traded price was RM1.35.
Bursa, key markets skid over trade talks confusion
KUALA LUMPUR: Confusion over the state of the US-China trade talks pushed Wall Street futures, European and Asian markets deeper into the red, with Bursa Malaysia also following suit, further weighed down by Petronas Chemicals weaker earnings.