Analysts Mixed On Westports Outlook
KUALA LUMPUR, Feb 20 (Bernama) -- Analysts are mixed on Westports Holdings Bhd’s outlook, with two investment banks offering differing perspectives.
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Dialog's Intraday Short Selling Suspended After 15 Pct Share Price Drop
KUALA LUMPUR, Feb 14 (Bernama) -- The intraday short selling (IDSS) of Dialog Group Bhd was suspended Friday after its quarterly loss dragged shares down to over 15 per cent.
Bursa Malaysia Ends Morning Trade Easier, CI Down 6.23 Pts
KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia ended the morning session in negative mode, in sync with most regional bourses, following hotter-than-expected United States (US) inflation data which is likely to delay potential rate cuts by the US Federal Reserve.
Malaysia's GDP Expected To Come In At 5.1 Pct In 2024 - HLIB Research
KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research).
CPO Prices To Remain Stable In February - Analysts
KUALA LUMPUR, Feb 12 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable this year, ranging between RM4,000 and RM5,000 per metric tonne (MT), according to analysts.
MRCB’s 2025 Order Book To Expand By Between RM4 Bln And RM5 Bln - HLIB
KUALA LUMPUR, Feb 7 (Bernama) – Malaysian Resources Corporation Bhd’s 2025 order book is anticipated to expand by RM4 billion to RM5 billion due to delayed project spillover such as the Kuala Lumpur Sentral redevelopment, LRT3 variation orders, and the Shah Alam Stadium redevelopment.
Banks Extend Assistance To Flood-affected Customers In Sabah, Sarawak
KUALA LUMPUR, Jan 31 (Bernama) -- Various banks, including Public Bank Bhd, Hong Leong Bank Bhd, Standard Chartered Bank Malaysia Bhd and OCBC Bank (M) Bhd, have come forward to offer assistance to their loan and financing customers who are affected by the floods in Sabah and Sarawak.
Maybank IB, HLIB Expect OPR To Remain At 3.00 Pct In 2025
KUALA LUMPUR, Jan 23 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has maintained its forecast for the overnight policy rate (OPR) at 3.00 per cent this year to support domestic growth amid external headwinds.
HLB Forecasts Malaysia's Economic Growth At 4.5 To 5.0 Pct For 2025
KUALA LUMPUR, Jan 18 (Bernama) -- Malaysia's economy is projected to grow at a moderate pace of 4.5 per cent to 5.0 per cent in 2025, benefitting from strong economic fundamentals and an uptick in foreign investments, Hong Leong Bank Bhd (HLB) said.
Higher Wages, Minimum Wage Hike Drive Property Demand, Affordability This Year - Hong Leong Investment Bank
KUALA LUMPUR, Jan 15 (Bernama) -- Higher wages for civil servants and the introduction of a higher minimum wage remained key factors in catalysing demand and raising affordability for properties across the country this year, said Hong Leong Investment Bank Bhd.
MAHB: Five Independent Directors Not Terminated
KUALA LUMPUR, Jan 15 (Bernama) -- The five independent directors of Malaysia Airports Holdings Bhd (MAHB) have not been terminated, contrary to a statement made by Machang Member of Parliament Wan Ahmad Fayhsal Wan Ahmad Kamal.
Dialog’s Shares Remain Flat Despite Securing US$235 Mln Investment
KUALA LUMPUR, Jan 10 (Bernama) -- Dialog Group Bhd's share price remained unchanged at mid-morning, despite receiving a US$235 million investment approval for the Baram Junior Cluster Small Field Asset Production Sharing Contract (PSC).