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Public Bank, Maybank and IHH drag KLCI into the red
KUALA LUMPUR: Public Bank, Maybank, IHH Healthcare and Sime Plantations dragged the FBM KLCI into the red at the close on Friday on rising Covid-19 cases and weaker commodity prices.
Gloves regain their bounce, banks slip
KUALA LUMPUR: Glove makers regained their footing early Friday after the recent bout of profit taking while Maybank and Public Bank weighed on the FBM KLCI.
Glove maker’s valuation still attractive
PETALING JAYA: Supermax Corp Bhd’s shares are deemed undervalued at current prices, considering its robust earnings prospects for at least the next one year, says CGS-CIMB Research.
Glove stocks weigh on KLCI, tech stocks climb
KUALA LUMPUR: Glove makers weighed on Bursa Malaysia on Thursday as investors took profit after the rebound and piled into semiconductor and tech-related counters.
KLCI pares some of it gains, up 0.27 of-a-point
KUALA LUMPUR: The FBM KLCI pared some of its gains at midday break on Thursday, as some profit-taking emerged on the local bourse.
Gloves top losers as investors lock in gains
KUALA LUMPUR: Gloves were among the top losers on Thursday as investors decided it was time to lock in the gains from the recent rebound in the share prices.
Public Bank, Hong Leong Bank underpin Bursa’s advance
KUALA LUMPUR: Public Bank and Hong Leong Bank underpinned the FBM KLCI’s early advance as foreign funds continued to be net buyers on Bursa.
Bursa broadly higher with 950 counters in positive zone
KUALA LUMPUR: Bursa Malaysia closed broadly higher on Wednesday with 950 counters in the positive zone. Public Bank was the top gainer while other banks rode on its coattails.
Domestic market rebounds on bargain hunting
KUALA LUMPUR: The domestic market rebounded on Wednesday as investors regained confidence following the government's announcement yesterday that businesses will remain open despite the state of emergency.
AmInvest Research retains neutral on glove sector
KUALA LUMPUR: AmInvestment Research is maintaining its Neutral view on the glove sector as valuations for Top Glove, Kossan and Hartalega under its coverage are already fully reflected in the companies’ earnings outlook.