CIMB Research maintains its “add” rating on Perisai Petroleum Bhd, with full deployment of assets being the potential re-rating catalyst.
CIMB Research says it is “underweight” on Malaysian banks, given the new threats to earnings growth despite the recent interest rates hike.
AMRESEARCH Sdn Bhd said it is favourable towards Titijaya Land Bhd, with an unchanged fair value of RM3.30 a share, thanks to the company eyeing two parcels of prime development land in the Klang Valley.
KUALA LUMPUR: The ringgit will likely appreciate in the third quarter as investors hunt for stronger yields in emerging markets like Malaysia, said AmMarkets forex strategist Wong Chee Seng.
IJM Plantations Bhd, the plantation arm of IJM Corp Bhd, is committed to complete its Indonesian expansion project in both plantation development and mills establishment this year and the coming years.
Malaysia is also the biggest market for Qatar Airways in terms of travel between Hamad International Airport (HIA) in Doha, Qatar, and London, he said in an interview, here, recently.
KUALA LUMPUR: PT Garuda Indonesia, Indonesia’s national carrier, sees Malaysia as an important growth market due to the increasing economic activities between the two countries.
ENTREPRENEURS need to evaluate their economic activities and focus not just on numbers, but also the qualitative aspects of the business, says a former DiGi Telecommunications Sdn Bhd staff-turned-entrepreneur.
MAYBANK is further tapping the premium card segment with the introduction of the new Maybank Visa Signature credit card.
TWO viable propulsion technologies are available now for carmakers as the initial step towards energy efficient vehicle (EEV) production.
KUALA LUMPUR: Bina Puri Holdings Bhd, confident of its future growth, says it is bullish to end the current financial year on a firm note despite sentiment being impacted by the delay in handing over the Kuala Lumpur International Airport 2 (klia2) project.
SHARE prices on Bursa Malaysia closed higher yesterday in a quiet trading as investors were still away for an extended Hari Raya Aidilfitri break, said a dealer.
HONG KONG: Asia’s markets mostly rose yesterday, extending a recent rally, with a weaker yen boosting Tokyo while investors await the release of key United States data and this week the Federal Reserve’s policy meeting.
LONDON: Europe’s stock markets were weak yesterday, weighed down by concerns that tougher sanctions against Russia could hurt the region’s economy despite news of a sharp rebound in United States economic growth.
STOCKS rose 0.37 per cent yesterday, a seventh successive gain, as investors await the release of United States economic data and a meeting of the Federal Reserve.
THE Straits Times Index dropped 2.43 points, or 0.07 per cent, to 3,353.65.
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