Healthcare stocks still have legs to run following a recent rally and investors should continue to buy hospital operators for their further earnings growth this year, analysts said.

KPJ, IHH extend rally as analysts bet on upside

Bursa Malaysia-listed energy stocks, which initially seemed to be rallying for the third straight day as the Energy Index made another attempt at charting a fresh three-year high as analysts flagged higher crude oil prices amid an escalation in the Middle East crisis, closed mix on Monday.

Energy stocks' rally on Bursa sputters at Monday's close

Shares of Tomei Consolidated Bhd and Poh Kong Holdings Bhd hit new all-time highs on Monday, as gold prices extended their record rally amid speculative buying and escalated geopolitical tensions in the Middle East.

Tomei, Poh Kong soar to new all-time highs as gold prices extend rally

Shares in gold-related counters, including Poh Kong Holdings Bhd, Tomei Consolidated Bhd, and Bahvest Resources Bhd, rose during Thursday morning trade, as gold prices surged to a record high after the US Federal Reserve (Fed) left interest rates unchanged.

Gold-linked stocks shine as metal's price hits record high

Interest in gold-related counters surged as the precious metal reached a near record high of US$2,195 per oz last Friday, before paring gains to its current price of  US$2,180.50 per oz.

During early trade, leading the pack was Poh Kong Holdings Bhd, which gained 4 sen or 4.47% to 93.5 sen valuing the company at RM381.6 million, with 3.98 million shares changing hands.

Interest in gold-related stocks spurred by record high commodity price 

Ekovest Bhd and Iskandar Waterfront City Bhd (IWCity), two companies linked to tycoon Tan Sri Lim Kang Hoo, were actively traded in Tuesday's morning trade on Bursa Malaysia.

Ekovest, Iskandar Waterfront climb in active trade on 10-year development plan in Johor worth RM4.33b GDV 

KUALA LUMPUR (Feb 23): Plantation stocks retreated on Friday as a slew of weaker-than-expected earnings in the sector stoked concerns over further upside in share prices following the recent rally.

Plantation stocks retreat as weak earnings stoke concerns

Investors were cautious following the demise of former Sarawak governor Tun Abdul Taib Mahmud, who controlled substantial stakes in several companies listed on Bursa Malaysia.

Taib Mahmud-linked stocks dip after former Sarawak governor's demise

Banking and financial services stocks were among the top gainers on Tuesday, with several stocks climbing to new record highs, marking a bullish start to the Lunar New Year of the Dragon.

Banking stocks make roaring entry into Dragon Year with fresh record highs

YTL Power International Bhd and its parent company YTL Corp Bhd were among the most actively traded stocks in Tuesday morning trade, following the announcement that the two stocks will be added to the MSCI Malaysia Index, effective from Feb 29.

YTL Power, YTL Corp, Dialog actively traded after MSCI Malaysia Index review

Glove stocks lost steam on Wednesday as investors expect the normalisation in the US dollar-ringgit exchange rate as well as rising operating expenses to continue to pose challenges for the glove industry, despite recent improvements in demand.

Glove stocks lose steam as investors brace for USD-ringgit exchange rate normalisation, rising operating costs

Consumer products and services counters were among the top gainers on Tuesday, ahead of Chinese New Year celebrations later in the week.

As a result, the Bursa Malaysia Consumer Products and Services Index was up 2.21 points, or 0.39%, reaching the highest level in nine months, at 564.93 points since its last closed at 564.23 points on May 24, 2023.

Consumer products and services counters top gainers ahead of CNY

Several banking stocks surged near historic highs on Friday, spurred by a favourable forecast for the 2024 banking sector and recent decisions of Bank Negara Malaysia (BNM) and the US Federal Reserve (Fed) to maintain their key rates.

Banking counters climb to new highs as BNM, US Fed maintain key rates

Malaysian oil and gas (O&G) stocks were among the most active in the Friday morning session, as investors assessed Saudi Arabia's decision to axe production capacity expansion on rates for Southeast Asian service providers and as oil prices fell below the US$80 (RM378.36) per barrel mark.

O&G stocks see profit-taking as Saudi capacity expansion halt drags oil price, risks Asean rates slowdown

HONG KONG/SHANGHAI (April 28): China International Capital Corp (CICC) is cutting the base pay of onshore investment bankers by as much as 25%, three sources said, in a major effort to reduce costs amid volatile markets and Beijing's austerity drive.

Some of the impacted dealm...

Chinese brokerage CICC cutting dealmakers' base pay by 25%, sources say

BEIJING (April 29): Oil prices fell in early Asian trading on Monday, reversing gains from Friday as U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon and boosted the dollar, which hurts oil demand.

Brent crude futures fell 75 cents, or 0.84%, to $88.75...

Oil prices pare gains on U.S. inflation concerns

Berjaya Corp Bhd (BCorp), which last week denied that its founder Tan Sri Vincent Tan Chee Yioun had participated in talks to revive a US$100 billion (RM477.60 billion) Forest City casino resort as reported recently, has lodged reports for the police to commence investigation into the above matter, specifically to, amongst others, ascertain and find out the purported “unnamed source” who disseminated complete untrue and false statements.

Berjaya Corp lodges police report to identify 'unnamed source' in Forest City casino resort debacle

(April 29): Singapore Telecommunications on Monday forecast non-cash impairment provisions of S$3.1 billion ($2.28 billion) for second-half of 2024 which would lead to the telecom giant reporting a net loss for the period.

The company also warned that it would report a lower net profit ...

Singtel sees $2.3 billion impairment hit, net loss in 2024 second-half

L’Occitane International SA’s billionaire owner Reinold Geiger is close to making an offer to take the skin-care company private, according to people familiar with the matter, in a deal that could value the firm at about US$7 billion (RM33.4 billion) including debt.

Billionaire Geiger said to near US$7b L’Occitane buyout

When South Korea decided to host a US anti-ballistic missile system, the lucrative flow of tourists from neighboring China suddenly dried up. When Australia accused Beijing of meddling in its domestic politics and demanded answers over the origins of Covid-19, China stopped buying exports like coal, wine and beef.

US ramps up help as countries plan response to China’s bullying

KUALA LUMPUR (April 29): Mercury Securities Sdn Bhd has recommended investors “subscribe” ACE Market-bound Farm Price Holdings Bhd at an initial public offering (IPO) price of 24 sen and a fair value (FV) of 29 sen based on 13x FY2024F earnings per share, translating to 21% upside to IPO price.

Mercury Securities advises investors to subscribe ACE Market-bound Farm Price with fair value of 29 sen 

An appliance maker in southern China is finding it hard to ship its products to Russia, not because of any problems with the gadgets but because China's big banks are throttling payments for such transactions out of concern over US sanctions.

China firms go 'underground' on Russia payments as banks pull back

Hong Kong-based insurer AIA Group on Monday posted a 31% rise in its first-quarter value of new business (VONB) on a constant exchange currency basis helped by strong performance across segments, and announced an additional US$2 billion (RM9.5 billion) share buyback.

Insurer AIA's 1Q new business value rises 31%, announces US$2b buyback

A Democratic senator on Sunday questioned whether the Biden administration was properly assessing whether Israel was complying with international law, following a Reuters report that some senior US officials did not find that country's assurances credible.

US senator questions whether State Dept properly assessing Israel conduct

KUALA LUMPUR (April 28): The Malaysian Anti-Corruption Commission (MACC) is investigating a senior leader in the northern region on suspicion of appointing several companies believed to be linked to him for supply projects valued at about RM300,000.

Senior leader under probe for suspected cronyism over supply projects

KUALA LUMPUR (April 28): The Malaysian Anti-Corruption Commission (MACC) has requested information from German authorities concerning the alleged acquisition of luxury vehicles in Germany, financed by 1Malaysia Development Bhd (1MDB) funds, according to MACC chief commissioner Tan Sri Azam Baki.

MACC probes alleged luxury car buys in Germany with 1MDB funds

KOTA BHARU (April 28): Oil and gas exploration and production outfit Hibiscus Petroleum Bhd is looking to leverage the economic boom in the Tok Bali area (in Kelantan), by using it as one of its operating hubs.&nbsp;

Hibiscus Petroleum looking to leverage the economic boom in Tok Bali

CAIRO (April 28): Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum approved a new passenger terminal in Al Maktoum International airport worth 128 billion AED (US$34.85 billion), he said on Sunday in a post on X.

Dubai ruler approves new US$35 bil airport terminal

KUALA LUMPUR (April 28): Police have verified the arrest of Chegu Bard, also known as Badrul Hisham Shaharin, a member of Parti Pribumi Bersatu Malaysia's Information Committee, on Saturday (April 27), and are launching an investigation into his Facebook post regarding the purported opening of a casino in Forest City.

Police detain Chegu Bard, launch investigation into casino statement

RIYADH (April 28): Agrobank&nbsp;president and chief executive officer Tengku Ahmad Badli Shah Raja Hussin has been re-elected as vice-chairman of the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (Adfimi) from 2025-2027.

Agrobank’s Tengku Ahmad Badli Shah re-elected as Islamic bank association’s vice-chairman for 2025-2027

KUALA LUMPUR (April 28): Malaysia believes there is a need to revisit commitments to sustainable development, efficient global resources and fair and balanced trade among countries, said the Ministry of Investment, Trade and Industry (Miti).

Zafrul: Trade-related and ESG measures must be fair to developing countries

KUALA LUMPUR (April 29): Mercury Securities Sdn Bhd has recommended investors “subscribe” ACE Market-bound Farm Price Holdings Bhd at an initial public offering (IPO) price of 24 sen and a fair value (FV) of 29 sen based on 13x FY2024F earnings per share, translating to 21% upside to IPO price.</...

When South Korea decided to host a US anti-ballistic missile system, the lucrative flow of tourists from neighboring China suddenly dried up. When Australia accused Beijing of meddling in its domestic politics and demanded answers over the origins of Covid-19, China stopped buying exports like coal, wine and beef.

RIYADH (April 28): The Asean-Gulf Cooperation Council (Asean-GCC) should find mechanisms to advance trade, investments, collaboration and research, said Malaysian Prime Minister Datuk Seri Anwar Ibrahim.

Asean-Gulf Cooperation Council should find mechanisms to advance trade, investment — Anwar

An appliance maker in southern China is finding it hard to ship its products to Russia, not because of any problems with the gadgets but because China's big banks are throttling payments for such transactions out of concern over US sanctions.

RIYADH (April 28):&nbsp;Prime Minister Datuk Seri Anwar Ibrahi&nbsp;held a bilateral meeting with President Paul Kagame of Rwanda on the sidelines of the World Economic Forum (WEF) Special Meeting here on Sunday.

Anwar holds meeting with President of Rwanda

Once renowned as avid overseas tourists, the Japanese are staying closer to home these days.

Weaker yen keeps Japanese tourists at home while visitors throng

Berjaya Corp Bhd (BCorp), which last week denied that its founder Tan Sri Vincent Tan Chee Yioun had participated in talks to revive a US$100 billion (RM477.60 billion) Forest City casino resort as reported recently, has lodged reports for the police to commence investigation into the above matter, specifically to, amongst others, ascertain and find out the purported “unnamed source” who disseminated complete untrue and false statements.

CAIRO (&nbsp;April 28): A Hamas delegation will visit Cairo on Monday for talks aimed at securing a ceasefire, a Hamas official told Reuters on Sunday, as mediators stepped up efforts to reach a deal ahead of an Israeli assault on the southern city of Rafah.

Hamas delegation to visit Cairo on Monday for Gaza ceasefire talks, Hamas official says

BEIJING/TOKYO (April 28): China's coast guard confronted Japanese lawmakers in waters claimed by both countries in the East China Sea, China's embassy in Tokyo and Japanese media said on Sunday, the latest in a series of maritime disputes involving China and its neighbours.

China confronts Japanese politicians in disputed East China Sea area

Hong Kong-based insurer AIA Group on Monday posted a 31% rise in its first-quarter value of new business (VONB) on a constant exchange currency basis helped by strong performance across segments, and announced an additional US$2 billion (RM9.5 billion) share buyback.

(April 29): Singapore Telecommunications on Monday forecast non-cash impairment provisions of S$3.1 billion ($2.28 billion) for second-half of 2024 which would lead to the telecom giant reporting a net loss for the period.

The company also warned that it would report a lower net profit ...

Border Force staff at Britain's busiest airport, Heathrow, will go on strike for four days from Monday, in protest over changes to their working conditions.

Hot Stocks

‌
‌

Hot Stocks

‌‌

‌
‌