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KUALA LUMPUR: Supermax Corp Bhd is facing earnings downgrades from analysts following the US import ban on its disposable gloves.
PETALING JAYA: Shares of Supermax Corp Bhd tumbled by over 10% after it became the fourth listed Malaysian company whose products were banned by the United States customs in the past 15 months.
KUALA LUMPUR: Share price of Supermax Corporation Bhd fell to a low of RM2 on Thursday on news the United States has barred imports.
KUALA LUMPUR: Foreign funds continued to be net buyers on Bursa Malaysia in the week ended Oct 15 at RM924.70mil, which was the second week of net buying, MIDF Research said.
KUALA LUMPUR: Investors’ anticipation of a rally in the FBM KLCI during the pre-Budget 2022 period has become a self-fulfilling prophecy that has propelled the benchmark index higher almost 71% of the time since the Asian Financial Crisis.
Telekom Malaysia, unifi, Budget 2022, Petronas, Top Glove, AirAsia and Public Bank are among the top stories read in the week from Oct 11 to 16
KUALA LUMPUR: Bursa Malaysia closed higher on Friday in range-bound trading, supported by buying in selected heavyweight stocks.
JOHOR BARU: The country's leading rubber glove makers have been urged to reduce their dependence on foreign labour and hire more Malaysians, given their need to expand the workforce to cope with increasing demand.
KUALA LUMPUR: The FBM KLCI was seen backing away from the 1,600 psychological level in early trade in light of caution after the recent strong rally.