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Group posts higher revenue of RM318.6mil for the quarter ended Dec 31,2020
Global Forex MarketTHE dollar closed the week softer, down 0.25% to 90.13 but managed to recover some of its early week losses following Fed chair Powell’s upbeat speech during his two-day Congressional testimony as well as a slew of strong data release, which triggered a selling wave in the US Treasury market.
KUMPULAN Perangsang Selangor Berhad (KPS) reported RM1.1bil revenue for its fiscal 2020, setting a new financial milestone by surpassing the RM1bil revenue mark for the Group’s performance.
KUALA LUMPUR: Kenanga Research maintained its "outperform" recommendation on DRB-Hicom Bhd as the latter's earnings results came within forecasts.
AMID a short working week in conjunction of President Day holiday, the US dollar was on a roller-coaster ride under the week review, appreciating 0.12% to 90.59 while trading between a high and low of 90.95 and 90.48, respectively.
KUALA LUMPUR: The ringgit opened firmer against the US dollar on Monday amid surging oil prices.
KUALA LUMPUR: The ringgit opened slightly lower against the US dollar today on cautious demand for the local currency, an analyst said.
BEIJING: China’s foreign exchange (forex) regulator highlighted specific measures to further promote two-way opening-up of the financial market, mainly through steadily freeing up cross-border capital flows and improving the yuan exchange rate regime.
KUALA LUMPUR: RHB Research has a Buy call on plantation company TSH Resources Bhd with RM1.25, which is a 16% upside, while it increased the FY20-21F earnings by 1%-2%, after imputing new fresh fruit bunches (FFB) revisions, capex and in-house forex assumptions.