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Nurul Huda

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Markets

RHB IB Lowers MHB’s Target Price, Forecasts On Ongoing Cost Provisions

Nurul Huda -
RHB Investment Bank (RHB) lowered Malaysia Marine & Heavy Engineering Bhd's (MHB) target price (TP) and earnings forecasts on account of ongoing cost provisions...
Markets

HLIB’s New Models To Boost Sales, Margins; Kenanga Maintains Outperform

Nurul Huda -
Kenanga Research is upbeat on Hong Leong Industries Bhd's (HLIB) outlook as the group is expecting a positive second half the financial year ended...
Lifestyle

How The Shoppes At MBS Delivers Pinnacle Of Luxury Shopping

Nurul Huda -
Top luxury fashion houses are expecting a slowdown in 2024 globally as the €362 billion (RM1.9 trillion) personal luxury goods sector may finally...
Editor's Choice

Installation Of Solar Panels See Increasing Trend, Says Deputy Minister

Nurul Huda -
Installations of solar panels in residences nationwide is seeing an increasing trend, said Energy Transition and Water Transformation Deputy Minister Akmal Nasrullah Mohd Nasir. The...
News

Jasmine Loo: Jho Low Claimed To Have Proof He Acted On Najib’s Orders

Nurul Huda -
Former general counsel for 1Malaysia Development Berhad (1MDB), Jasmine Loo Ai Swan, revealed that fugitive businessman Low Taek Jho, also known as Jho Low,...
Business

HSS Engineers’ Associate Secures Contract From PAAB For RM9.5 Million

Nurul Huda -
HSS Engineers Berhad (HEB) announced that its associate SMHB Sdn Bhd has secured a contract from Pengurusan Aset Air Berhad (PAAB) for engineering consulting...
business

Perdana Petroleum’s Unit Bags Vessel Charter Contract, Extension For RM38 Million (Updated)

Nurul Huda -
Perdana Petroleum Berhad's (PPB) unit Perdana Nautika Sdn Bhd (PNSB), had received a letter of award from Saujana Marine Sdn Bhd (SMSB) for the...
Markets

Bursa Malaysia’s Feb 14, 2024 Top Gainers And Losers

Nurul Huda -
Decliners led gainers 503 to 387 on the broader market, while 509 counters were unchanged, 901 untraded and 10 others suspended. Top Gainers NOSTOCK NAMESTOCK CODELAST...
Markets

Bursa Ends Slightly Lower After Late Buying Pares Losses

Nurul Huda -
Bursa Malaysia pared losses from the earlier session due to late buying support. The key index remained in negative territory and ended the day slightly...
Markets

Foreign Exchange Rates Feb 14, 2024

Nurul Huda -
The closing Foreign Exchange rates (from Maybank) as at 5pm, Feb 14 are as presented below: CurrencyBank sellTT/ODBank buy(TT)Bank buyOD1 US DOLLAR4.85004.71604.70601 AUSTRALIAN DOLLAR3.14903.02503.00901 BRUNEI...
News

‘Viral Post On Nurul Izzah An Outright Slander’ – MOF

Nurul Huda -
The Finance Ministry today condemned fake social media post alleging that Prime Minister Anwar Ibrahim's daughter Nurul Izzah Anwar was paid adviser to the...
Markets

Kenanga Maintains NEUTRAL Stance On Plantation Sector; Top Pick KLK

Nurul Huda -
Kenanga Research maintained a NEUTRAL stance on the Malaysian plantation sector as the palm oil output and exports are usually lower in the beginning...
Markets

Bursa Ended In The Red At Midday Along With Regional Markets

Nurul Huda -
Bursa Malaysia ended the morning session on Wednesday in the red along with regional markets, taking a cue from the overnight losses on Wall...
Markets

Palm Oil Stocks To Fall Below 2 Million Tonnes Next Month?

Nurul Huda -
RHB Investment Bank maintained a NEUTRAL stance on plantation sector in the region with a tactically positive trading strategy, as Malaysian palm oil (PO)...
Markets

Inari Emerton’s Share Price Expected To Reach Up To RM3.60

Nurul Huda -
Inari Emerton Berhad's (Inari) share price has been consolidating sideways around RM3.24, and a follow-through buying interest is expected in the near term, targeting...
News

CAAM: Two Onboard Aircraft That Crashed Near Kapar, Fate Unknown

Nurul Huda -
The Civil Aviation Authority of Malaysia (CAAM) confirmed that two persons including the pilot were onboard the light aircraft that crashed near Kapar, Selangor...
Global

Ride-Hailing Firm GoTo Denies Merger Discussions With Grab

Nurul Huda -
Indonesia's GoTo, one of Southeast Asia's biggest ride-hailing companies, said on Tuesday that it was not in any discussion with Grab Holdings about...
News

Ireka Corp Served With a Writ For RM6.5 Million Revolving Credit Facility

Nurul Huda -
Ireka Corporation Berhad (Ireka Corp) announced that it was served with a writ of summons and statement of claim by RHB Bank Berhad today...
Markets

KLCI Jumps 1.26% On Foreign Buying, Index At 20-Month High

Nurul Huda -
Bursa Malaysia finished higher across the board on Tuesday, with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ending at a 20-month high, the...
Markets

Bursa Malaysia’s Feb 13, 2024 Top Gainers And Losers

Nurul Huda -
Gainers trounced losers 634 to 297 on the broader market, while 425 counters were unchanged, 927 untraded and 11 others suspended. Top Gainers NOSTOCK NAMESTOCK CODELAST...
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