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Affin Hwang reiterates 'sell' on PChem after rally
KUALA LUMPUR: Petronas Chemicals Bhd's share price has rallied in tandem with the recovery in global oil prices although the former's advance has far exceeded fundamentals, says Affin Hwang Capital Research.
Further upside seen for Supermax on rising glove prices
PETALING JAYA: Kenanga Investment Bank Research continues to see further upside for Supermax Corp Bhd after raising once more its average selling price (ASP) assumptions.
Yinson set to table new structure for Ezion deal
This is expected to happen by end-August
Front-end tech firms in favour on strong US$
PETALING JAYA: A stronger greenback coupled with increased capital spending are two factors that will keep the technology sector, especially the front-end players, in favour.
KLCI surges to close above 1,600, Top Glove leads advance
KUALA LUMPUR: Strong following of glove stocks powered the FBM KLCI above the critical 1,600 level on Monday, a level last seen in January this year.
Quick take: Top Glove rises 9.5% to all-time high
KUALA LUMPUR: Top Glove Corp Bhd, which has been on an uptrend, climbed to a record high on Monday, reaching RM24.
Gradual recovery forecast for buildings materials prices
KUALA LUMPUR: AmInvestment Bank Research upgraded its outlook on the building materials sector to neutral from underweight previously as it forecasts a mixed recovery for the sector.
Expectations for Supermax ASP, earnings continue to rise
KUALA LUMPUR: Kenanga Investment Bank Research continues to see further upside for Supermax Corp Bhd after raising once more its average selling price assumptions.
Japanese college dropout builds US$560mil fortune through AI firm
Taku Toguchi knew he wanted a career in artificial intelligence as far back as when he was a teenager.