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HONG KONG: Lei Shing Hong Ltd, which runs Mercedes-Benz dealerships in Asia and Europe, is planning to relist in Hong Kong in a deal that could raise around US$800mil, according to a source. (2-0)
KUALA LUMPUR: JF Apex Research expects Mudajaya Group Bhd , EITA Resources Bhd , Hap Seng Consolidated Bhd , 7-Eleven Malaysia Holdings Bhd and Datasonic Group Bhd to be among the stocks to watch on Thursday.
Volatile market: A punter watching trading boards at a private stock market gallery in Kuala Lumpur. The FBM KLCI closed 24.23 points up yesterday after falling 40.62 points Tuesday. — AP (26-0)
LAST year was dotted by the return of higher commodity prices and better economic growth. The world’s economies on average are back in business as growth rates and trade have started to improve once again after some period of uncertainty caused by a cooling China economy and also the slump in global crude oil prices. (145-1)
Major players: Small in number as they are, the ‘RM10bil market capitalisation’ club controls nearly 65 of Bursa Malaysia’s total market cap of RM1.89 trillion. (22-0)
KUALA LUMPUR: Hap Seng Consolidated Bhd 's unit Malaysian, Mosaics Sdn Bhd (MMSB), has proposed to sell a parcel of leasehold land together with various buildings for the production and manufacturing of floor and wall tiles erected thereon in Kluang, Johor to Byorion Sdn Bhd for RM97.5mil.
An investor monitors share market prices at a brokerage firm in Kuala Lumpur. — Reuters picKUALA LUMPUR, Aug 3 ― Bursa Malaysia ended the morning session mixed with the key index slightly higher, lifted by selected heavyweights.
Tags / Keywords: Automotive , Corporate News , Hap Seng Consolidated Bhd , Mercedes Benz Malaysia Sdn Bhd
KUALA LUMPUR (April 6): The FBM KLCI extended its losses at mid-morning today, in line with the lacklustre regional markets.
KUALA LUMPUR (April 6): The FBM KLCI dipped in early trade this morning in line with the weaker start at most regional markets.
KUALA LUMPUR (March 29): The FBM KLCI extended its gains in early trade this morning, in line with the advance at most regional markets.
KUALA LUMPUR (March 28): The FBM KLCI struggled to stay above the 1,750-point level in the morning session today.
KUALA LUMPUR (March 22): The FBM KLCI took a tumble at mid-morning today in line with the decline at most regional markets, weighed by key blue chips, while all the indices were in the red at the local bourse.
KUALA LUMPUR (March 15): The FBM KLCI fell 0.42% at mid-morning today as index-linked banking stocks and utility heavyweights retreated in line with weaker regional markets.
MarketWrap: US stock prices closed lower on Tuesday as weakness in drug and financial shares sent the S&P 500 and the Dow Jones Industrial Average to their first consecutive sessions of declines in more than a month. - Reuters The DJIA fell 29.58 points, or 0.14%, to 20,924.76, the S&P 500 lost 6.92 points, or 0.29%, to 2,368.39 and the Nasdaq dropped 15.25 points, or 0.26% , to 5,833.93. Energy Oil prices ended little changed on Tuesday, as growing US production expectations offset earlier gains after Saudi Arabia's oil minister said market fundamentals were improving.