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Nurul Huda

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Swift Haulage’s Net Profit Jumps 73% In 4QFY2023; Commits To Green Warehousing

Swift Haulage Bhd's (Swift) net profit leaped by 73% to 16.6 million in its fourth quarter for the financial year ended December 31, 2023...

Newly-Listed HE Group Posts PBT Of 14.8 Million In FY23; Sees NIMP As Growth Catalyst

Newly-listed HE Group Bhd's (HE Group) posted a profit before tax of RM14.8 million for financial year ended 31 December 2023 (FY23), fuelled by...

Bursa Malaysia’s Feb 23, 2024 Top Gainers And Losers

Losers outpaced gainers 613 to 448, while 458 counters were unchanged, 795 untraded and 36 others suspended. Top Gainers NOSTOCK NAMESTOCK CODELAST DONECHGVOL ('00)1YTL46772.470+0.3201,050,6862YTLPOWR67424.020+0.240745,0643MCEMENT 37945.040+0.21022,5844CANONE51052.640+0.1904,7965LTKM 70851.600+0.18032,825 Top Losers NOSTOCK NAMESTOCK...

Bursa Rides On Utility Stocks To End Higher

THE FBM KLCI continued its upward momentum to close in positive territory despite the overall broad selling as investors continued to book profits in...

Foreign Exchange Rates Feb 23, 2024

The closing Foreign Exchange rates (from Maybank) as at 5pm, Feb 23 are as presented below: CurrencyBank sellTT/ODBank buy(TT)Bank buyOD1 US DOLLAR4.84904.71504.70501 AUSTRALIAN DOLLAR3.19303.06803.05201 BRUNEI...

Malayan Cement Delivers Another Bumper Quarter; CGS-CIMB Keeps ADD Call

Malayan Cement Bhd's (MCement) delivered another bumper quarter for the second quarter ended Dec 31, 2023 (2Q24), which CGS-CIMB deemed above expectation. "MCement delivered a...

Kenanga Keeps Underperform For Kossan; Glove Sector’s Recovery Bumpy

Kenanga Research maintained UNDERPERFORM call on Kossan Rubber Industries Bhd (Kossan) as it believes the sector's recovery path remains bumpy with continued predatory pricing...

Bursa Ends Morning Sessions With Minor Gains

Bursa Malaysia's main index ended the morning trading session with minor gains as broad selling overshadowed the contribution from YTL Corporation and YTL Power. At...

Yinson GreenTech and GoCar bring affordable EV access to Malaysians with the Ora Good Cat

GoCar Malaysia and Yinson GreenTech (YGT) have teamed up through the GoCar Share programme, to provide the Ora Good Cat electric vehicle (EV) in...

HIL Industries’ FY23 Results Beats Expectations; Kenanga Maintains Market Perform

HIL Industries Bhd's (HIL) results for the financial year ended 31 December 2024 (FY23) beats Kenanga Research's expectation, as its core net profit rose...

Malacca Securities Keeps SELL Call For Rexit, Says Current Share Price Still A Premium

Malacca Securities Sdn Bhd maintained its SELL call on Rexit Bhd despite the share price dipping below 90 sen as it is in the...

Radium Sees Profit Before Tax Of RM15.77 Million For Q4 FYE2023

Property developer Radium Development Bhd recorded a strong PBT of RM15.77 million for the quarter on the back of revenue dip to RM28.3 million...

Hextar Industries Posts Net Loss Of RM12.7 Million In 4Q After Goodwill Impairment

Hextar Industries Bhd (HIB) registered a net loss of 12.7 million for the fourth quarter ended 31 December 2023 (4Q2023), as it posted a...

Hektar REIT’s Q4 Net Profit Drops 36% To 26 Million In 4Q; 7.7% DPU Yield

Hektar Real Estate Investment Trust's (Hektar REIT) saw its net profit dropped by 36% to RM26 million in the fourth quarter ended 31 December...

Varia Turns To Profit In Q3 FY2024 Helped By Newly-Acquired PTM

Varia Bhd returned to black with profit before tax (PBT) of RM5 million in third quarter of the financial year 2024 (Q3 FY2024), a...

Bursa Malaysia’s Feb 22, 2024 Top Gainers And Losers

The market breadth turned positive with gainers surpassing losers 571 to 462, while 494 counters were unchanged, 790 untraded and 20 others suspended. Top Gainers NOSTOCK...

Bursa Ends On Softer Note, Profit-Taking Thwarts Market Uptrend

Despite the improvement in the broader local market and the upbeat regional bourses, Bursa Malaysia ended on a softer note amid continuous profit-taking after...

MPI’s Recovery Momentum Fell Short; Kenanga Cuts Target Price, Forecasts

Malaysian Pacific Industries Bhd's recovery momentum still fell short of Kenanga Research's expectations despite its the second quarter of the financial year ended on...

Foreign Exchange Rates Feb 22, 2024

The closing Foreign Exchange rates (from Maybank) as at 5pm, Feb 22 are as presented below CurrencyBank sellTT/ODBank buy(TT)Bank buyOD1 US DOLLAR4.83804.70404.69401 AUSTRALIAN DOLLAR3.20403.07803.06201 BRUNEI...

Kenanga Remains Upbeat For Kotra On Growing OTC Market Despite ‘Soft Patch’

Kenanga Research remains upbeat on Kotra Industries Bhd (Kotra) driven by growing domestic over-the-counter (OTC) market despite the group's underwhelming first half of the...

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