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Bursa Malaysia's foreign net outflow rises to RM490.3mil
KUALA LUMPUR: The foreign net outflow on Bursa Malaysia increased to RM490.3mil over the week ended April 23, more than double the amount recorded in the prior week.
Lotte Chemical’s dividend for FY20 at 3.27 sen
KUALA LUMPUR: Lotte Chemical Titan (LCT) Holding Bhd has declared a dividend of 3.27 sen per share for the financial year ended Dec 31,2020 (FY20) and remains upbeat for this year as product prices are on an upward trend.
Covid-19 worries persist, push KLCI into the red
KUALA LUMPUR: Worries about the rising Covid-19 infections and the impact on the economy continued to weigh on the equities market.
Analysts have mixed views on Lotte Chemicals
Lower feedstock costs may not translate to profit turnaround
Maybank IB Research upgrades petrochemicals to positive
KUALA LUMPUR: Maybank Investment Bank Research has upgraded the Malaysian petrochemical sector from neutral to positive on cheap valuations with buy calls on Petronas Chemicals and Lotte Chemicals Titan.
Lotte Chemical's earnings fall to RM786m in FY18
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd experienced a 26.12% drop in net profit for the financial year ended Dec 31, 2018, to RM786.23mil from RM1.06bil previously as it suffered a margin squeeze across its product segments.
Lotte says third plant to meet demand for polypropylene
JOHOR BARU: Lotte Chemical Titan Holding Bhd hopes the completion of its third polypropylene plant (PP3) in Pasir Gudang here will meet market demand growth for polypropylene in Malaysia, Indonesia, China and the rest of the South-East Asian market.
Bursa resumes slide ahead of US Fed decision
KUALA LUMPUR: Bursa Malaysia continued its slide as global markets traded mixed ahead of decisions made at a two-day US Federal Reserve meeting set to end on Wednesday.
Bursa picks up in morning trade, toll operators in the spotlight
KUALA LUMPUR: The local market moved higher on Friday morning with sustained buying interest from local institutions.
