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KUALA LUMPUR: Lafarge Malaysia Bhd ’s share price rose more than 4% in morning trade after it secured a RM270mil cement supply contract.
KUALA LUMPUR: Eco World International Bhd, Malaysian Resources Corp Bhd (MRCB), YTL Power International Bhd and Lafarge Malaysia Bhd are among the stocks to watch on Tuesday, according to JF Apex Research. (1-0)
It said in a statement that Lafarge Cement Sdn Bhd would supply cement from now to Dec 31, 2019 to all eight packages of work for the project.
KUALA LUMPUR: Lafarge Malaysia Bhd has appointed Mario Gross as president and chief executive officer effective April 1, succeeding Thierry Legrand.
LISTED multinational companies (MNCs) on the Malaysian market have long been the darling of investors for two major reasons – low-risk nature and decent dividend yields. (9-0)
From next year, the effective gas tariff rate will be increased by an average of 16. (Picture shows workers patching up a gas pipe at the Kapar Petronas metering station. — Bernama filepic (3-0)
KUALA LUMPUR: The local bourse moved into negative territory less than an hour into the morning session as blue chips gave up early gains and Maybank weighed. Regionally, equity markets were in the red as Wall Street came under pressure from declining oil prices. US energy stocks including General Electric brought US indexes lower as oil prices slipped from 28-month highs achieved last week. At midday, the FBM KLCI was 1. (30-0)
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.42 of-a-point lower at 1,746.39 from yesterday's close of 1,746.81. — Bernama picKUALA LUMPUR, Nov 10 ― Bursa Malaysia opened lower today on lack of buying support for local stocks coupled with the weaker overnight performance on Wall Street due to uncertainties over US tax reforms. (14-0)
KUALA LUMPUR: The local bourse bucked the trend in the morning session amid reports that foreign selling in the previous week on the local equity market had slowed to its lowest level so far this year. According to MIDF research, a "feel good vibe" had contributed to net foreign buying of RM133.4mil last Monday when the market reopened after the announcement of Budget 2018. Key Asian markets, however, were a sea of red on Monday as they tumbled from decade-highs in the lead up to US President Donald Trump's meetings with his Chinese and Russian counterparts on his Asian tour. (33-0)
KUALA LUMPUR: Lafarge Malaysia, SLP Resources, MISC Bhd and Maxis Bhd are among the stocks to watch on Monday, according to JF Apex Research.
According to Stratistics MRC, the Global Polymer Modified Cementitious Coatings market is expected to grow from $1.17 billion in 2016 to reach $2.03 billion by 2023 with a CAGR of 8.2%. (22-1)
KUALA LUMPUR: The FBM KLCI looked set to continue its losing streak on Monday even as other regional markets firmed up on strong economic data coming out of China and Japan. Markets in China and Hong Kong were closed for national holidays, while South Korea's markets remained shuttered for a designated "temporary holiday". At 12.30pm, the FBM KLCI was down 2.72 points to 1,752.86 points. There were 390 decliners versus 216 advancers and 429 counters unchanged. (47-1)
Trusted brand: Colourful cement trucks are rolled out as part of Lafarge’s Happiness in the City campaign to create brand awareness.
Lafarge’s bottom line was hit by higher operating costs attributed mainly to the higher fuel and electricity cost and a one-off separation cost incurred in the current quarter. - AFP pic