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KUALA LUMPUR: Investor sentiment perked up early Friday with some nibbling seen in MISC and Public Bank amid a mixed broader market ahead of the release of the third quarter GDP data at midday.
PETALING JAYA: Gross domestic product (GDP) growth in the third quarter is likely to have slowed due to weaknesses in supply side data and in line with a synchronised global slowdown, according to economists from two research houses.
KUALA LUMPUR: UOB Global Economics sees Malaysia's economy growing at a slower pace of 4.1% in the third quarter due to weaker readings of key data in Septmber which had fewer working days.
PETALING JAYA: The 50bps cut in statutory reserve requirement (SRR) is expected to release RM7.4bil of liquidity into the banking system, said a research house.
INTEREST in MISC Bhd has been growing in recent months, as investors are salivating at the prospect of huge gains from the energy shipping company.
THE selldown on MyEG Services counter is unwarranted as it could see an earnings growth of 20% in FY20 without any contract win, as long as its current concessions are intactTHE selldown on the counter is unwarranted as it could see an earnings growth of 20% in FY20 without any contract win, as long as its current concessions are intact
PETALING JAYA: Rubber gloves stocks fell after taking a cue from Hartalega Holdings Bhd which announced its financial results for its second quarter ended Sept 30, on Tuesday.
AIRASIA BHD’s current valuation is at the high end. The group is expected to record a net profit of RM336mil for 2H19, which is below consensus’ expectation of RM341mil.
WITHIN the corporate Malaysia circle, the high indebtedness of companies linked to billionaire Tan Sri Syed Mokhtar Albukhary is widely known and have been much discussed.WITHIN the corporate Malaysia circle, the high indebtedness of companies linked to billionaire Tan Sri Syed Mokhtar Albukhary is widely known and have been much discussed.
WHILE it’s not a long weekend, there’s still plenty of action to occupy clubbers in the Klang Valley. Here’s a short, and not exhaustive, list of what to expect at the clubs.