KUALA LUMPUR (Aug 23): Last Friday's move by the government to further relax Covid-19 restrictions for those fully vaxed, which include dine-ins, should help spur some recovery in stocks such as brewers, consumer staples, food and beverage and mall-based real estate investment trusts, Hong Leong ...

Easing of Covid-19 restrictions may benefit brewers, consumer staples, F&B, retail REITs, says HLIB Research

Profit-taking activities are noticeable ahead of the weekend. Both the FBM KLCI and FBM Small Cap Index were drifting lower, dictated by a lack of buying impetus in the market and uncertainties over the trade war between China and the US continuing to dampen sentiment.

Stocks to Watch: Daya Materials, Perdana Petroleum, Sapura Energy, FGV, MBM Resources

Oil and gas (O&G) counters continue to top the volume list on Bursa Malaysia this morning.

The two big O&G boys, Bumi Armada Bhd and Sapura Energy Bhd topped the most actively traded stocks list.

Stocks to Watch: O&G stocks, London Biscuits, PA Resources

Datuk Seri Najib Razak is set to hear the decision on whether he has to enter his defence in the RM42 million SRC International Sdn Bhd case at 10am, while attending the ongoing 1MDB-Tanore trial today.

Stocks to Watch: Pharmaniaga, Sapura Energy, Velesto, VSTECS, banks

KUALA LUMPUR (Nov 8): Record closes on Wall Street, given the mounting optimism that the US-China trade tension will ease soon, as the two countries have reached an agreement on removing tariffs that have been imposed in phases. Should things pan out as expected, this will augur well for the global economic outlook.

Despite that, the FBM KLCI opened on a soft note at 1,607.09, marginally lower on a rainy morning. The benchmark index, however, is still about six points above 1,600-level currently.

Stocks to watch: Spring Art, Sapura Energy, Pentamaster, Barakah

KUALA LUMPUR (Nov 7): The FBM KLCI remains at above 1,600-level at mid-morning today with minor gains, although most regional bourses are in the red. 

Gadang Bhd’s share price has rebounded recently after a 25% fall from this year’s peak of 90 sen. Interest in the construction stock that has emerged of late, pushes the stock to above 70 sen from the low of around 66 sen-level.

Stocks to watch: Gadang, Green Packet, Destini, London Biscuits

KUALA LUMPUR (Nov 4): Proton Holdings Bhd, in which DRB-Hicom Bhd holds a 50.1% stake, is confident of selling 100,000 cars this year, if not more.

For the January-October 2019 period, Proton had already sold 79,833 units. This is an impressive 46% year-on-year growth g...

Stocks to Watch — DRB-Hicom, Green Packet, Sumatec, Lotte Chemical Titan, Mudajaya

KUALA LUMPUR (March 10): theedgemarkets.com highlighted 15 stocks with momentum at Bursa Malaysia’s afternoon market close today. There were 14 stocks with negative momentum, while one stock displayed positive momentum.

The stock with positive momentum was:
 
REDtone ...

REDtone, Aluminium Co, Ancom, BHS, Chemical Co, Damansara Realty, Ekovest, Global Oriental, Guoco, Hwa Tai, IWCity, KUB, Leweko, Majuperak, PCCS 

SINGAPORE (July 16): Here are some stocks that could move the market this Friday morning:

Singapore Exchange (SGX) says its securities market will open per normal on Friday, after technical glitches forced the market shut from 11.38am on Thursday. Investors can now chec...

SGX, Ezra, Sapphire, First REIT, Singapore Myanmar Investco, China Everbright

SINGAPORE (July 14): Here are some stocks that could move the market this Thursday morning:

Olam International is to issue US$500 million ($674 million) of perpetual capital securities under its US$5 billion Euro Medium Term Note (EMTN) Programme. The securities bear a ...

Olam, Yanlord, SB REIT, CITIC Envirotech, Sim Lian, Duty Free, CMC Infocomm

INGAPORE (July 13): Here are some stocks that could move the market this Wednesday morning:

ST Engineering’s aerospace arm, ST Aerospace, has won $770 million worth of contracts in the second quarter. The projects include airframe cabin interiors maintenance, engine was...

T Engineering, Lifebrandz, OKP, FCL, Vard, Ausgroup

SINGAPORE (July 13): Here are some stocks that could move the market this Wednesday morning:

ST Engineering’s aerospace arm, ST Aerospace, has won $770 million worth of contracts in the second quarter. The projects include airframe cabin interiors maintenance, engine wa...

ST Engineering, Lifebrandz, OKP, FCL, Vard, Ausgroup

SINGAPORE (July 12): Here are some stocks that could move the market this Tuesday morning:

CapitaLand’s serviced residence business unit, The Ascott Limited, is acquiring its first serviced residence in Docklands, Melbourne as part of its A$500 million ($500 million) partnership with Qu...

CapitaLand, GLP, Chiwayland, Sembcorp, Cheung Woh, China Everbright Water

The Orang Asli community in the Kuala Kubu Baharu (KKB) constituency must support the Pakatan Harapan (PH) candidate during the May 11 by-election because Barisan Nasional (BN) is a friend and component party of PH.

Orang Asli community in KKB must continue support for PH candidate — Ramli

Pakatan Harapan (PH) candidate Pang Sock Tao will announce the party’s Kuala Kubu Baharu (KKB) by-election manifesto this Friday.

KKB polls: PH candidate to announce manifesto on Friday

Printed circuit board (PCB) company BSL Corp Bhd saw Doris Wong Sing Ee emerge as its substantial shareholder after Wong acquired 97 million BSL shares, raising her stake in the company to 7.104%.

Metronic Global ED Doris Wong emerges as substantial shareholder of BSL

Copper’s surge to US$10,000 (RM46,650) a tonne just days after the bombshell news that BHP Group is trying to buy Anglo American plc is highlighting a core disconnect at the heart of the industry: miners just aren’t building enough mines.

BHP mega bid and US$10,000 copper expose mining’s biggest problem

Elon Musk was in dire need of a quick win for Tesla Inc. If that meant flying to China a week after standing up Indian Prime Minister Narendra Modi, then so be it.

Musk’s trip to Beijing after India snub shows power of China

SES SA and Intelsat SA have revived discussions on a potential merger to create a satellite giant after a previous attempt faltered last year, according to people familiar with the matter.

SES, Intelsat revive deal talks to form satellite giant

The regular market for US equities runs for 390 minutes on a standard trading day. But at the rate things are going, eventually the last 10 might be the only ones that matter.

Increasingly, only last 10 minutes of US stock trading matter

Pakistan’s central bank left its interest rate at an all-time high ahead of a scheduled visit by an International Monetary Fund (IMF) mission next month to hash out a new loan programme.

Pakistan holds key rate at record high ahead of IMF visit

Spotify Technology SA co-founder Daniel Ek is pocketing gains from the audio-streaming giant’s stock rebound, while increasingly building up his investments outside the company.

Spotify CEO cashes in on streaming giant’s 267% stock rebound

Boeing Co is looking to issue around US$8 billion (RM38.11 billion) of debt in as many as six parts, its first bond sale since the plane-maker reported a quarterly loss and US$3.9 billion of cash burn, and Moody’s Ratings cut the company’s credit rating to a step above junk.

Boeing looks to sell bonds after reporting cash burn

Shares of YTL Power International Bhd and YTL Corp Bhd rose to fresh highs on Monday as investors piled on stocks with exposure in artificial intelligence (AI).

YTL Power, YTL Corp touch new highs

SUPERMAX Holdings Sdn Bhd (SHSB), which holds 40.3% in Supermax Corp Bhd, is the subject of a winding-up petition.

SHSB is the private company of Datuk Seri Stanley Thai and his wife, Datuk Wira Cheryl Tan Bee Geok. The couple, who have been and still are having differences in their rel...

Newsbreak: Supermax's Cheryl Tan seeks to wind up holding company

Shares of Capital A Bhd and AirAsia X Bhd (AAX) climbed further during Monday’s morning trading session, riding on a proposal announced last Thursday to merge the short- and long-haul airline operations of both companies.

AAX, Capital A lift off on merger proposal to extend rally

Saudi Arabia-based renewable energy giant ACWA Power has expressed interest in investing more than&nbsp;US$10 billion (RM47.64&nbsp;billion) in Malaysia over a 10-year period.

Among the proposed projects are those to be undertaken through collaboration with a local company, Cypark Resources Bhd.

Saudi-based ACWA Power keen on investing over US$10b in M'sia, some projects in collaboration with Cypark

Permodalan Kedah Bhd (PKB) has inked a memorandum of understanding (MOU) with Royal Eco Train Development, Republic of Korea (RETD Korea), for the Light Rail Transit (LRT) project in Langkawi.

Permodalan Kedah inks MOU with Korean firm for LRT in Langkawi

Shares in LPI Capital Bhd snapped a three-day losing streak on Monday, after the general insurer reported a 37% net profit surge in the first quarter, thanks largely to sharply lower net expenses from reinsurance contracts held and higher investment income.

LPI Capital’s 1Q net profit surges 37%, shares snap losing streak after results

Sime Darby Property Bhd has achieved a 100% take-up rate for The Corak freehold commercial hub at the Serenia City township in Sepang, according to a press statement issued on Monday. The Corak is the township's first commercial hub.

Sime Darby Property achieves 100% take-up for The Corak commercial hub in Serenia City

theedgemalaysia.com&nbsp;highlighted three with positive momentum and two stocks with negative momentum at Bursa Malaysia's afternoon close on Monday.

Supercomnet Technologies, MyEG, BP Plastics, LGMS, Turiya

KUALA LUMPUR (April 29): Capital A Bhd said on Monday that the number of passengers it carried rose 17% year-on-year (y-o-y) to 15.4 million in the first quarter of 2024 (1Q2024), on the back of strong travel demand during the school holidays and Chinese New Year.

Capital A’s passenger volume rises 17% in 1Q, load factor climbs to 90%

Following reports that over 100 KFC outlets have been temporarily closed after about half a year of boycott movement, QSR Brands and KFC Malaysia said they suspended the operations of the outlets to manage increasing business costs amid challenging economic conditions, and to focus on high engagement trade zones.&nbsp;

QSR Brands confirms temporary closure of KFC outlets, says it is to manage rising costs

Twenty-eight National Service Training Programme operators nationwide have filed a multimillion-ringgit suit against the government for purported breach of the main contract resulting in losses of rental for 27 months and total losses of RM108.737 million to them.

Twenty-eight National Service Training Programme operators sue govt for RM108.74m in losses

The Jana Wibawa programme, which was established to assist Bumiputera contractors impacted by the Covid-19 pandemic, only took off following Cabinet approval in 2020, the court heard on Monday.

Jana Wibawa programme could only take off with Cabinet approval, says witness

The business reorganisation plan announced last week by the two friends and business partners — Tan Sri Tony Fernandes and Datuk Kamarudin Meranun — is the final piece of the jigsaw to get the group of companies they control back on a stronger footing, at least in the restructuring of their balance sheet.

Frankly Speaking: Best chance for Cap A and AAX

OpenSys (M) Bhd, which makes automated teller machines, expects a revenue boost from an estimated 3,000 units of cash machines due for replacement in the next three years.

OpenSys expects revenue boost from machine replacements

Engineering services firm Kawan Renergy Bhd, en route to list on Bursa Malaysia's ACE Market next month, said on Monday it will pass higher cost from escalating steel prices to its customers.

ACE Market-bound Kawan Renergy to pass higher cost from rising steel prices to customers

Nestlé (Malaysia) Bhd's net profit for the first quarter ended March 31, 2024 (1QFY2024) dipped 0.8% to RM195.51 million from RM197.15 million a year earlier, due mainly to the impact of slightly lower sales, offset by proactive cost management initiatives as well as better commodity costs.

Nestlé's 1Q net profit dips 0.8% to RM195.5m on lower domestic sales

Gadang Holdings Bhd has called off its planned acquisition of a 21.08-acre land in Kwasa Damansara — known as R3-1 — for RM114.78 million from Kwasa Development (3) Sdn Bhd (KD3), to be developed into a residential project.

Gadang fails in appeal to EPU for Bumi equity waiver to buy Kwasa Damansara land

Financial details of Shell's vast oil and gas trading business are some of the company's closest-held secrets. Documents in a lawsuit filed by a former employee, however, revealed its US crude trading regularly earns around US$1 billion (RM4.77 billion) every year.

Shell earns US$1b a year from US crude trading, court filing shows 

SEPANG (April 29): The Malaysian Aviation Commission (Mavcom) is aiming for a full implementation of its quality standard framework for the country’s two main airports by the end of this year.

Mavcom to fully implement Airports Quality of Service Framework at KLIA T1, T2 by year end

Tex Cycle Technology (M) Bhd said on Monday it has partnered with Evolusi Bersatu Sdn Bhd to invest RM100 million in Sabah’s first integrated scheduled waste management facility.

Stocks To Watch

‌
‌

Stocks To Watch

‌‌

‌
‌