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AS China embarks on its economic recovery, Malaysian-listed companies with exposure to China stand to benefit significantly.
Fresh fruit bunch (FFB) production for IOI Corp Bhd would likely miss its original financial year 2025 (FY25) target of 5% growth year-on-year (y-o-y), despite an anticipated strong pick-up in the next few months.
PETALING JAYA: Shares of Alliance Bank Malaysia Bhd (ABMB) fell by 8.45% or 43 sen yesterday, following a surprise rights issue proposal to shore up its capital, which would result in some dilution to the bank's financial year 2026 (FY26) earnings per share (EPS).
KUALA LUMPUR: Bursa Malaysia closed in negative territory yesterday, erasing earlier gains as late selling pressure weighed on the market, while investors remained cautious ahead of upcoming tariff announcements by US President Donald Trump.
KUALA LUMPUR: The ringgit is anticipated to trade within the 4.42 to 4.45 range against the US dollar this week, with short-term volatility contingent upon broader market dynamics.
The ringgit is anticipated to trade within the 4.42-4.45 range against the US dollar next week, with short-term volatility contingent upon broader market dynamics.
Bursa Malaysia is expected to continue range-bound trading next week with a slight upward bias in the lead-up to Hari Raya holiday, said an analyst.
KUALA LUMPUR: The ringgit is anticipated to trade within the 4.42-4.45 range against the US dollar next week, with short-term volatility contingent upon broader market dynamics.
KUALA LUMPUR: The ringgit ended higher against the US dollar on improved sentiment towards the local currency, said an analyst.
KUALA LUMPUR: The ringgit eased against the US dollar at the opening today, taking a breather from recent gains as markets assessed the US Federal Reserve's latest stance, which was seen as mildly dovish yet cautious.
KUALA LUMPUR: Bursa Malaysia's benchmark index ended the day broadly lower, mirroring regional market trends, as investor sentiment was dampened by the US Federal Reserve's (Fed) decision to maintain interest rates and the People's Bank of China's (PBOC) unexpected decision to keep its key lending rates unchanged, said an analyst.
KUALA LUMPUR: ACE Market-bound Chemlite Innovation Bhd's initial public offering (IPO) has been oversubscribed by 28.41 times.
ITMAX System Bhd's earnings are expected to be supported by expansion opportunities in Sabah and Sarawak, increasing revenue from the smart parking segment and new contracts from Johor and Penang.
The early delivery of floating production, storage and offloading (FPSO) vessel Agogo could provide a boost to Yinson Holdings Bhd's earnings and share price should production start four months ahead of schedule in the deep water field offshore Angola where it's destined.
Foreign shareholding in listed Malaysian banks is nearly at a five-year peak, even as foreign funds remain as net sellers of local equities for 21 straight weeks.
Electronics manufacturing services provider NationGate Holdings Bhd is exploring new prospects to drive growth beyond its organic targets, according to UOB Kay Hian (UOBKH) Research.
KUALA LUMPUR: Bursa Malaysia extended gains to a third consecutive session today, driven by broad-based buying across various sectors following the recent strong sell-off, in line with the performance of regional markets, an analyst said.
Bursa Malaysia is expected to trade within a narrow range next week as market participants adopt a cautious stance without resorting to immediate knee-jerk reactions, which should help limit short-term volatility.
The FBM KLCI emerged as the top-performing index in the region yesterday, gaining 1.69% as it bounced back from a significant five-day sell-off, driven by bargain hunting.
Electrical engineering and solar power company Pekat Group Bhd is expected to deliver record earnings this year, backed by a strong order book and full-year consolidation of 60%-owned EPE Switchgear (M) Sdn Bhd, analysts say.
