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Jenny Gim

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News

Samaiden To Bag Gross Profit 15%-16% From Bahau Solar Project

Jenny Gim -
Samaiden Group has bagged a RM39.17 million contract to develop a large-scale solar power plant in Bahau, Negeri Sembilan, that is expected to bring...
News

US Labour Market Cloudy For October As Strikes Loom Large

Jenny Gim -
US private payrolls increased more than expected in September as private payrolls increased by 143,000 jobs after rising by an upwardly revised 103,000 in...
News

ASEAN+3 2024 Growth Revised To 4.2%

Jenny Gim -
The ASEAN+3 Macroeconomic Research Office (AMRO) forecasts the ASEAN+3 region to grow at 4.2 percent in 2024 in its latest quarterly update of the...
News

US Energy Stocks Respond To Escalating Middle East Tension

Jenny Gim -
U.S. energy shares gained on Wednesday as crude oil prices climbed on worries over tension in the Middle East after Israel and the U.S....
News

S P Setia Launches ATLAS Melbourne

Jenny Gim -
S P Setia Berhad, a leading Malaysian property developer with strong presence in Australia, is set to launch ATLAS Melbourne in Malaysia, according to...
News

TNG, Affin Bank Launch E-Trade, The First Equities Market Trading On E-Wallet

Jenny Gim -
Bursa Malaysia Berhad, TNG Digital Sdn Bhd and Affin Hwang Investment Bank Berhad (Affin Hwang) today announced the launch of e-Trade, the first equities...
Markets

Nestle Gains While Allianz Sees Drop

Jenny Gim -
On the broader market, decliners thumped gainers by 874 to 270, with 467 counters unchanged, 799 untraded and eight suspended. Here is the table for...
Markets

FBM KLCI Loses 1.03% On Negative Sentiment

Jenny Gim -
Bursa Malaysia today was engulfed by negative market sentiment as the benchmark index dived. The FTSE Bursa Malaysia KLCI (FBM KLCI), dropped 17.08...
News

Foreign Exchange Rates October 2, 2024

Jenny Gim -
The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5 p.m. on October 2, provide a comprehensive overview of the...
News

Government’s Dual Network Announcement To Clear Doubt

Jenny Gim -
Analysts believe stock valuation and sentiment for mobile players will recover once the government announces the 5G Dual Network policy directive. Following this, lingering...
News

Oil And Gas Supported By Upstream And Midstream Services

Jenny Gim -
Market analysts continue to favour upstream and midstream oil and gas players due to their relative stability, in the backdrop of fluctuating oil prices...
News

REIT To Attract Yield Seekers, Positive Outlook For Retail And Hospitality Space

Jenny Gim -
The widening gap between REIT and Malaysian Government Securities (MGS) yields (c.6% average within sector) could push yield-seeking investors to further accumulate REIT positions....
News

Local Healthcare in Sync With Global Growth Pace

Jenny Gim -
Global healthcare expenditure is projected to expand, reaching US$10 trillion by 2026 owing to rising affluence and the ageing population as local medical service...
News

Malaysia Glovemakers Prime Beneficiary of US-China Trade Feud

Jenny Gim -
A strong demand recovery in the rubber glove sector is expected, underpinned by faster-than-expected supply consolidation further boosted by tariffs on Chinese glove manufacturers...
News

Automotive Shines As Sales Forecast Up By 8% To 800k For 2024

Jenny Gim -
Analysts have raised their projection for industry-wide sales volume, that is, Total Industry Volume (TIV), by 8% to 800k units for 2024. The projection...
News

MISC’s Net Win In Charters Further Strengthens Foothold But Largely Earning-neutral

Jenny Gim -
MISC Berhad has signed a letter of intent with Petronas LNG for a 15-year charter of two new-build LNG (Liquid Natural Gas) carriers starting...
News

Finance Professionals Urged to Address Inequality For A Sustainable Future

Jenny Gim -
A new report highlights the need for finance professionals to champion living wages as a key factor in reducing inequality, advancing human rights, and...
News

Strong Pipelines For Building Material Players

Jenny Gim -
The building material sector players will benefit from stable Average Selling Prices (ASPs) and more manageable costs that can lead to margin normalisation, according...
News

GDP And Loan Grow Side-by-side For The Banking Sector

Jenny Gim -
Analysts maintain their OVERWEIGHT call for the banking sector, citing strong backing from domestic GDP target of 5.0% and system loans growth outpacing at...
News

Samaiden Bags First RE Contract In Kedah, Eyeing 10% of CGPP’s RM2.4b Jobs

Jenny Gim -
Market analysts hail Samaiden Group Berhad (Samaiden) for its first Renewable Energy (RE) contract win for the current financial year (FY2024/25), as the group...
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