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Transport companies seen returning to profit in 2021
But analysts see them making a loss this year
Long road to recovery for transport and logistics, says Affin Hwang
KUALA LUMPUR: Business volumes in the aviation and port sectors are expected to see an improvement in the second half of the year but may not return to pre-Covid-19 levels even next year, says Affin Hwang Capital research.
KLCCP and Telekom added to FBM KLCI
PETALING JAYA: The FBM KLCI will see two changes to its constituents following a semi-annual review of its component stocks, said Bursa Malaysia and FTSE Russell
TM, KLCCP included in KLCI 30-stock list
KUALA LUMPUR: KLCC Prop & REITS - Stapled Securities (KLCCP) and Telekom Malaysia Bhd (TM) will replace AMMB Holdings Bhd and Malaysia Airports Holdings Bhd (MAHB) as component stocks in the FTSE Bursa Malaysia KLCI (FBM KLCI).
The week ahead - eyes on exports
As the earnings season for the first quarter has just ended, the key focus this week will be April’s external trade figures.
Fresh US-China tensions weigh on Bursa, HK slides 2%
KUALA LUMPUR: Blue chips retreated early Friday on Bursa Malaysia as investors took profit as worries about the rising US-China trade tensions gnawed on their confidence.
Westports to focus on digitisation
IF there is a benefit of the coronavirus (Covid-19) pandemic amidst its onslaught on global economies, businesses will agree that it forces the adoption of fourth industrial revolution (IR4.0) measures upon them.
Challenges ahead for transport, logistics sector
PETALING JAYA: There is demand destruction in some segments of the transportation and logistics industry due to the Covid-19 pandemic, says AmInvestment Research.
Transportation, logistics cut to underweight on Covid-19 damage
KUALA LUMPUR: AmInvestment Research downgrades its call on the transportation & logistics sector to Underweight from Neutral due to the severe impact from the Covid-19 pandemic.