- Advertisement -spot_img

AUTHOR NAME

Nurul Huda

1141 POSTS
0 COMMENTS

Bursa Surges 1.1%, Almost All Sectors Show Gains

Bursa Malaysia surged 1.1% on Tuesday as the market rally gathered steam with almost all sectors led by the energy counters recording gains. At 5...

RHB IB Projects A Lower Net Profit For Alliance Bank In Q3, Keeps BUY Call

Alliance Bank Malaysia Bhd is projected to record a lower net profit quarter-on-quarter (QoQ) and year-on-year (YoY) for third quarter of financial year ended...

Foreign Exchange Rates Feb 20, 2024

The closing Foreign Exchange rates (from Maybank) as at 5pm, Feb 20 are as presented below: CurrencyBank sellTT/ODBank buy(TT)Bank buyOD1 US DOLLAR4.85604.72204.71201 AUSTRALIAN DOLLAR3.19103.06603.05001 BRUNEI...

MGB To Chart Solid Growth In FY24; RHB IB Keeps BUY Call

MGB Bhd is expected to continue charting a solid growth of more than 20% in the fiscal year of 2024 (FY24), backed by higher...

Hibiscus Petroleum’s PAT Surged By 45% In Q2 FY2024; Declares 2 Sen Dividend

Oil and gas company Hibiscus Petroleum Berhad saw its profit after tax improved by 45% to RM102.3 million in second financial quarter of FY2024...

Bursa Extends Gains Led By Energy, Plantation Counters

Energy and plantation-related counters continued to lead the uptrend on Bursa Malaysia at midday as oil prices hovered close to a three-week high. At 12.30...

Cypark To Be Loss-Making In The Fiscal Year Of 2024: Maybank IB

Maybank Investment Bank (Maybank IB) expects Cypark Resources Bhd (Cypark) to be loss-making in the fiscal year of 2024 (FY24E). Consequently, it downgraded its call...

Domestic Gas Prices Will See A Smaller Decline, Says Maybank IB

Maybank Investment Bank (Maybank IB) expects a smaller decline of domestic gas prices but see no strong re-rating catalysts in the near term for...

Dayang Looks To A Record 2024; CGS-CIMB Raises Target Price, Forecasts

CGS-CIMB believes that Dayang Enterprise Holdings Berhad (DEHB) is looking to a record year in 2024 and sees further upside potential for the stock...

PA Resources’ Unit Acquires Lands For RM21 Million To Build New Factory

PA Resources Bhd's (PA) wholly-owned subsidiary, PA Extrusion (M) Sdn Bhd, has proposed to acquire two parcels of industrial land measuring 72,840 square metres...

Banking Industry Needs To Remain Competitive To Handle Global Headwinds – PM Anwar

The country's banking industry is urged to continue to remain competitive in order to deal with three 'Cs' phenomenon namely complexity, chaos and contradictions...

Bank Islam’s My Dream Home Campaign 3.0 Winners Bring Home A Combined RM300,000 In Cash

Bank Islam Malaysia Berhad (Bank Islam) celebrated three prize winners of My Dream Home 3.0 Campaign, whom won a combined total of RM300,000 in...

FBM KLCI Closes Near 20-Month High Amid Choppy Trading

Bursa Malaysia's barometer index continued to hover at its highest level in 20 months despite a choppy trading session throughout the day due to...

Bursa Malaysia’s Feb 19, 2024 Top Gainers And Losers

Losers, comprising mostly lower liners, outpaced gainers 554 to 446 on the broader market, while 459 counters were unchanged, 839 untraded and nine others...

Foreign Exchange Rates Feb 19, 2024

The closing Foreign Exchange rates (from Maybank) as at 5pm, Feb 19 are as presented below: CurrencyBank sellTT/ODBank buy(TT)Bank buyOD1 US DOLLAR4.84404.71004.70001 AUSTRALIAN DOLLAR3.19203.06603.05001 BRUNEI...

TM Needs To Optimise Balance Sheet To Avoid Long-Term ROE Drag: CGS-CIMB

Telekom Malaysia Bhd (TM) needs to optimise its balance sheet to avoid long-term return-on-equity (ROE) drag, according to CGS-CIMB. In its Company Note today (Feb...

MBM Resources’ Share Price Expected To Reach LT Target Of RM5.10 – Malacca Securities

MBM Resources Bhd's (MBMR) share price is expected to reach up to LT target of RM5.10, as its 3Q23 earnings rebounded from a weaker...

Most Malaysian Employees Agree With Work Arrangement Policy: Hays

More Malaysian employees agree with their latest work arrangement policy post-Covid than not, a new study from Hays found. In a statement today (Feb 16),...

Only 12% Malaysians Consider Themselves Wealthy, HLB Survey Found

Only 12% of Malaysians consider themselves wealthy, yet most do not have a documented financial plan, according to Hong Leong Bank Wealth Perception Survey. In...

Malaysia’a Startup Secondlifeasia Partners With Appidea To Expand To Thailand

Malaysia's largest smart device repair company, Secondlifeasia, announced its expansion to Thailand through a joint venture with Appidea Co, Ltd with an initial investment...

Latest news

- Advertisement -spot_img