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KUALA LUMPUR (March 17): theedgemarkets.com highlighted 30 stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed one with positive momentum and 29 with negative momentum.
KUALA LUMPUR (Dec 16): The FBM KLCI fell in early trade this mornning in line with struggling regional markets, weighed by blue chips including Petronas-linked stocks.
KUALA LUMPUR (Aug 9): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed one with positive momentum and four with negative momentum.
Part of one of the lots is leased to Tenaga Nasional Bhd for a 30-year period expiring in July 2032. Another condition of the sale and purchase agreement (SPA) is that LGB will grant a tenancy of the properties to BAT’s unit Tobacco Importers and Manufacturers Sdn Bhd for 12 months at a monthly rental of RM1.09mil, with an option to extend for two further terms of six months each, from the completion of the SPA.
The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum.
KUALA LUMPUR (Feb 29): Ann Joo Resources Bhd announced today that the Royal Malaysian Customs Department had, on Feb 24, inspected and taken custody of certain shipping and accounting records relating to the importation of hot-rolled coil (HRC) from its subsidiaries. The subsidiaries are Ann Joo Metal Sdn Bhd (AJM), Anshin Steel Service Centre Sdn Bhd (ASSC), and Anshin Steel Processor Sdn Bhd (ASP), according to Ann Joo's bourse filing today.
This article first appeared in The Edge Financial Daily, on February 29, 2016. KUALA LUMPUR: The Malaysian Iron and Steel Industry Federation (Misif) has lodged a complaint with the ministry of finance (MoF) on concerns raised by its members regarding the industry-wide audit that was conducted in a high-handed manner of the steel industry last week.