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PETALING JAYA: Technology-related stocks have exerted their resilience during a time when stock markets continue to be highly volatile amidst the economic uncertainties due to the coronavirus (Covid-19).
KUALA LUMPUR: Semiconductor and technology related stocks closed higher as their plants ramped up production on Wednesday after the approval from the authorities.
KUALA LUMPUR: Despite receiving approval for its manufacturing facilities to operate at up to 50% capacity, VS Industry Bhd is expected to face a steep decline in its earnings for the current financial year.
PETALING JAYA: Technology companies are likely to see slower sales growth for FY20 and FY21 as a result of the extension of the movement control order until April 28, according to UOB Kay Hian
KUALA LUMPUR: UOB Kay Hian Malaysia Research has trimmed its technology sector earnings for FY2020 to 2021 by 2% to 7% to account for the extended movement control order (MCO).
AMID a backdrop of roiling markets brought about by the Covid-19 pandemic and crude oil crash, CGS-CIMB Securities Sdn Bhd (formerly known as Jupiter Securities Sdn Bhd) launches its retail Islamic Cross Border Trading (ICBT) services through its online platform CGS-CIMB iTrade.
PETALING JAYA: The Malaysian electrical and electronics (E&E) industry has called for the government to consider allowing an increase in production capacity to 50% during the movement control order (MCO) period.
FACED with business shutdown at a time when the global demand for consumer electronics is affected by persisting headwinds, electronic manufacturing services (EMS) companies in Malaysia find themselves in a tight spot.
KUALA LUMPUR: CSG-CIMB Equities Research reiterated its Add call for VS Industry with a lower target price of RM1.20, in line with its earnings cut, after the first half core net profit was below forecast.
KUALA LUMPUR: Shares in VS Industry Bhd rose over 6% in a firm market Friday, despite posting results that were below market expectations.