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Affin Hwang maintains hold on YTL, expects dividend cuts

KUALA LUMPUR: Affin Hwang Capital Research is maintaining its “hold” call on YTL Corp and lowering its target price to RM1.44 from RM1.70 as profits from the cement operations are ... Read More »

Lotte Chemical Titan rallies early Tuesday

KUALA LUMPUR: Shares of Lotte Chemical Titan Holdings Bhd (LCTitan) rallied to a high of RM5.25 early Tuesday as investors chased up the stock following positive analyst reports. At 9.52am, ... Read More »

Malaysia’s economy seen on uptrend for next three to five years

KUALA LUMPUR: Malaysia’s economy is expected to be on an uptrend for the next three to five years, supported by strong local and foreign investments, increase in exports as well ... Read More »

Serba Dinamik posts 500% profit jump

KUALA LUMPUR: Serba Dinamik Holdings Bhd’s second quarter earnings ended June 30, 2017, soared more than 500% to RM83.15mil year-on-year. Revenue rose more than 300% to RM649.7mil from RM151.95mil in ... Read More »

KLCI slides early Friday on US-North Korea tensions, ringgit dips

KUALA LUMPUR: Bursa Malaysia and key Asian markets fell early Friday as investors grew more worried after US President Donald Trump warned North Korea again not to strike Guam or ... Read More »

Kenanga maintains outperform on PPB, reduces TP

KUALA LUMPUR: Kenanga Research has maintained its “outperform” rating on PPB Group with a reduced target price of RM18.90 from RM19.35 previously owing to an earnings downgrade. PPB has an ... Read More »

China’s `bubble’ steel prices seen holding advance, for now

LONDON: Chinese steel prices should hold to four-year highs even as levels look stretched, given state efforts to maintain stability before a ruling party meeting in the autumn and longer-term ... Read More »

Petronas plans expansion to capture India growth

MUMBAI: India’s robust growth trajectory and thriving demand for consumer products as well as clean energy to fuel its growth plans, have put Malaysia’s national oil company Petronas in a ... Read More »

HCK Capital shares surge, sparks Bursa query

KUALA LUMPUR: Bursa Malaysia Securities has queried HCK Capital Group Bhd over the sharp rise in the price of its shares on Thursday. The regulator had on Thursday issued the unusual market ... Read More »

CIMB Research maintains neutral on banks

KUALA LUMPUR: CIMB Research has maintained its “neutral” call on banks given the expected negative impact from the adoption of MFRS 9 and unattractive valuations.   Also, the research house ... Read More »

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