Markets

KLCCP Stapled and TM join FBM KLCI

By TMR 
KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (REIT), and Telekom Malaysia Bhd (TM) are ...

Gold loses shine in liquidity-driven share market rally

By SHAZNI ONG / Pic BLOOMBERG
DEMAND for precious metals like gold as a safe haven asset has not diminished as equity markets rally on increasing ...

FBM KLCI rises, glovemakers hit by margin limits

By SHAZNI ONG / Pic TMR
THE move by brokerages to limit margin financing for glovemakers’ shares saw money flowing into the oil and gas (O&G) and ...

FBM KLCI has gained over 20% since March’s low

by DASHVEENJIT KAUR/ pic by ARIF KARTONO
THE Malaysian stock market rally could turn to a long-term bullish phase if the benchmark FTSE Bursa Malaysia ...

Retail investors fuelling mini bull market

Loan moratorium and lower EPF deduction provide additional cash to retail investors, turning them into punters aiming to make a quick buck at the stock ...

Sunway Bhd launches cash call to raise up to RM1.11 bln

by BERNAMA
Sunway Bhd, which today reported a 42.6 per cent drop in first-quarter (Q1) net profit to RM78.29 million, has proposed to a ...

IOI Corp’s Q3 profit hit by foreign currency translation loss

by BERNAMA
IOI Corporation Bhd’s net profit fell to RM100,000 for the third quarter (Q3) ended March 31, 2020, from RM248.5 million in the ...

NYSE floor reopens as world tries to kickstart post-virus economy

by AFP / pic by AFP
From the floor of the New York Stock Exchange to the Church of the Nativity, numerous iconic world landmarks reopened on Tuesday as ...

Velesto warns of weak drilling market

By SHAZNI ONG / Pic TMR
VELESTO Energy Bhd foresees headwinds in the year as many oil and gas companies globally have initiated cost-cutting measures ...

Hibiscus 3QFY20 earnings hit by lower oil prices

By TMR / Credit Pic Hibiscus Petroleum
HIBISCUS Petroleum Bhd’s earnings plunged 48.4% to RM28.47 million for the third quarter ended March 31, 2020 ...

O&G stocks push Bursa trading volume to record high

However, it is too early to say if a sustainable recovery of the sector is on the cards
By SHAZNI ONG / Pic By ARIF KARTONO ACTIVE trading in oil and ...

Dividend stocks — the shield during uncertainty

The dividend thematic for the equity market will remain powerful against the backdrop of risk-free rates, cash yields and funding costs
By DASHVEENJIT ...