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KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd (KPS) will emphasise on preserving liquidity and safeguard its present operations and business prospects as it expects the Covid-19 pandemic to impact its financial performance this year.
KUALA LUMPUR: Electronics manufacturing services (EMS) provider V.S. Industry Bhd posted net losses of RM19.52mil in the third quarter ended April 30,2020 due to the impact of the movement control order (MCO) but it expects an improvement in the current quarter.
KUALA LUMPUR: Stocks to watch on Thursday include My EG Services Bhd (MyEG), Seacera Group Bhd, Sapura Energy Bhd, Gabungan AQRS Bhd and ARB Bhd, according to JF Apex Research.
KUALA LUMPUR: The ringgit strengthened against the US dollar at the opening today on renewed buying interest amid stabilising oil prices, said an analyst.
KUALA LUMPUR: Stocks to watch on Wednesday include Key Alliance Group Bhd, Hengyuan Refining Company Bhd, My E.G Services Bhd, Uzma Bhd, Censof Holdings Bhd and Genting Malaysia Bhd, according to JF Apex Research.
KUALA LUMPUR: Stocks to watch on Friday include Poly Glass Fibre (M) Bhd, HeiTech Padu Bhd, Tadmax Resources Bhd and Sime Darby Bhd, according to JF Apex Research.
PETALING JAYA: The ringgit could weaken further against the US dollar this week, following the 0.39% week-on-week (w-o-w) depreciation witnessed in the previous week, according to Kenanga Research.
KUALA LUMPUR: The ringgit finished easier against the US dollar yesterday on lack of buying interest and in line with the weaker Asian currencies, weighed by continuous uncertainties surrounding the US-China trade tension, said AxiCorp chief global market strategist Stephen Innes.
PETALING JAYA: The local bourse staged a rebound driven by higher global crude oil price and as well as a cut in key interest rate by the central bank in a bid to encourage borrowing, investment and consumption among businesses and consumers.