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Business 03 Jan 2003 | 12:00 AM

KLSE gets off to a rocky start

THE KLSE got off to a rocky start in the first trading day of the year as window-dressing activities that had lent support to the market in recent weeks apparently disappeared. The Composite Index (CI ) skidded nearly 14 points or 2.15% to 632.4 yesterday, as investors sold down their holdings, on heightened fears of war between the US and Iraq.

Business 04 Jan 2003 | 12:00 AM

How high can it go?

ASK around.It is a foregone conclusion that the local stock market is currently not too far off its lowest ebb. The mostpertinent question is how high can the Kuala Lumpur Composite Index (CI)go in 2003?

Business 06 Jan 2003 | 12:00 AM

Unit trust sector positive on growth

EVEN though 2003 will be a challenging year for the unit trust industry in view of the global economic slowdown and depressed investment environment, many unit trust management companies are still optimistic that the industry will continue to grow this year.

Business 11 Jan 2003 | 12:00 AM

The young Turk

AHMET Okumus knew that he wanted to be a money manager the moment he made his first trade at Istanbul's new stock exchange in 1987 #8211; when he was 17.

Business 17 Jan 2003 | 12:00 AM

Samsung Q4 profit soars but outlook cloudy

Technology giant Samsung Electronics Co reported yesterday a near-quadrupling in net profit for the fourth quarter on strong mobile phone sales and announced bold investment plans in the face of a #8220;very uncertain#8221; outlook for 2003.

Business 22 Jan 2003 | 12:00 AM

Aussie insurer AMP affected by British arm

Australian life insurance giant AMP Ltd warned yesterday that its poorly performing British arm would drive it to a A$900mil loss for 2002 and hurt it again this year, sending its shares to a record low.

Business 27 Jan 2003 | 12:00 AM

Maybank favoured among heavyweights

DESPITE analysts#039; generally neutral stance on top heavyweights Malayan Banking Bhd (Maybank), Tenaga Nasional Bhd (TNB) and Telekom Malaysia Bhd, their shares have outperformed the market of late.

Business 01 Feb 2003 | 12:00 AM

A rampaging bull?

Every ten years, some believes, the stock market will witness a bull run. Does the Malaysian market have the ingredients to turn that into a reality today?

Business 01 Feb 2003 | 12:00 AM

Those were the days

Fortunes were virtually made overnight on a stock market that was so hot it just about sizzled. Nothing it seemed could go wrong, and caution was happily thrown to the wind.

Business 01 Feb 2003 | 12:00 AM

Malaysia woos FDI

The weak inflow of foreign direct investment (FDI) into Malaysia has remained a key concern since the Asian financial crisis period. It has not helped any that the country's manufacturing sector's recovery is lagging owing to more current external concerns such as the threat of war and weak confidence in some of Malaysia's major trading partners.