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Nurul Huda

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E&O’s PAT Rose By 12% Lifted By Property, Hospitality Segments

Eastern & Oriental Bhd's (E&O) profit after tax (PAT) rose by 11.9% to RM35.2 million in third quarter results for the financial year ending...

Bursa Stays Down At Midday On Interest Rate Concerns

Bursa Malaysia stayed in the red at midday, dragged down by concerns about the interest rate outlook after the Federal Open Market Committee (FOMC)...

HLIB Margin Play Drives Better Earnings; Kenanga Raised Target Price, Forecasts

Hong Leong Industries Bhd (HLIB) is shifting towards more premium products and strong margins realised for new models, driving better earnings for the group,...

LBS Bina’s 4Q Results Broadly In Line; RHB IB Keeps BUY Call

RHB Invesment Bank (RHB IB) maintained its BUY call on LBS Bina Group Bhd as its earnings for the quarter under review were broadly...

Sime Darby A Local Auto Giant With Cheap Valuation; Keeps BUY – RHB IB

RHB Investment Bank (RHB IB) lifts Sime Darby Bhd's FY24F to FY26F earnings forecasts and feels that the Sime Darby's current valuation is undemanding...

Samaiden’s PBT Rose 20% In Q2 FY2024 On Projects’ Faster Progress

Samaiden Group Bhd's (Samaiden) profit before tax (PBT) rose 20% to RM4.2 million in the second quarter ended 31 December 2023 (Q2 FY2024) from...

Avaland Posts Net Profit Of RM66 Million In FY2023; Highest In Five Years

Property developer Avaland Bhd reported its highest net profit in five years of RM66 million in the financial year ended 31 December 2023 FY2023,...

Bursa Malaysia’s Feb 21, 2024 Top Gainers And Losers

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 3.19 points to 1,552.40 from Tuesday’s (Feb 20) close of 1,555.59, after paring some...

Bursa Ends On Weaker Note On Broad-Based Profit-Taking

Bursa Malaysia ended trading on a weaker note today due to broad-based profit-taking throughout the session, following three days of consecutive gains. At 5pm, the...

Foreign Exchange Rates Feb 21, 2024

The closing Foreign Exchange rates (from Maybank) as at 5pm, Feb 21 are as presented below CurrencyBank sellTT/ODBank buy(TT)Bank buyOD1 US DOLLAR4.86204.72804.71801 AUSTRALIAN DOLLAR3.20703.08003.06401 BRUNEI...

Cost Pressures To Hurt Rhone Ma’s 2024E Profitability; HOLD – Affin Hwang

Affin Hwang Investment Bank (Affin Hwang) maintained its HOLD call on Rhone Ma Holdings Bhd as cost pressures are likely to affect its 2024E...

Nurturing Environmental Stewardship Through Gamuda Parks’ Wetlands Festival 2024

Gamuda Land's sustainable landscaping initiative, Gamuda Parks, recently organised the Wetlands Festival 2024 at Wetlands Arboretum Centre in Gamuda Cove in Kuala Langat aiming...

DC Healthcare Opens New Branches In Johor Bahru, Ipoh

DC Healthcare Holdings Bhd (DC Healthcare), announced its expansion with the opening of the group's two new branches in Johor Bahru and Ipoh. In a...

Bursa Weighed Down By Uncertainties Ahead Of FOMC Minutes At Midday

Profit-taking and cautious trading ahead of the release of the United States Federal Open Market Committee (FOMC) meeting minutes continued to weigh on Bursa...

Dutch Lady Milking Cheaper Dairy Input Cost – Kenanga

Kenanga Research lifted the target price (TP) of Dutch Lady Milk Industries Bhd (Dutch Lady) and raised its FY24F net profit forecast to reflect...

Hibiscus’ Q2 Net Profit Weaker QoQ On Lower Realised Price, Offtakes: Maybank IB

Hibiscus Petroleum Bhd's net profit for the second quarter ended on 31 December 2023 (2QFY24) was weaker by 34% quarter-on-quarter (QoQ) due to realised...

Malacca Securities Upgrades Call To HOLD For Nova Wellness

Malacca Securities Sdn Bhd upgraded its call to HOLD from SELL for Nova Wellness Group Bhd (Nova) as its share price has declined significantly...

SunCon Achieves Record-High PBT, RM2.5 Billion Order Book For FY2023

Sunway Construction Group Bhd's (SunCon) achieved record-high profit before tax (PBT) of RM188.6 million for the full financial year ended 31 December 202 (FY2023),...

Teo Seng’s Pre-Tax Profit Spikes By 238% In Q4FY23; To Expand Capacity

Teo Seng Capital Bhd's pre-tax profit surged 238% to RM57.8 million for the fourth quarter ended 31 December 2023 (Q4FY23) compared to RM17.1 million...

Bursa Malaysia’s Feb 20, 2024 Top Gainers And Losers

The market breadth also exhibited continued improvement with gainers edging losers 594 to 419, while 460 counters were unchanged, 825 untraded and nine others...

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