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“We have replaced Inari with KESM Industries Bhd(pic) as our top pick due to its attractive growth prospects in automotive and minimal forex exposure,” it said. (1-0)
PETALING JAYA: A number of analysts are cutting their earnings forecasts for semiconductor firm Malaysian Pacific Industries Bhd (MPI), which is facing a weaker US dollar and higher costs. (1-0)
KUALA LUMPUR: Malaysian Pacific Industries Bhd's (MPI) shares fell 3% in early trade as its second quarter to Dec 31, 2017 net profit drops 25%. (1-0)
KUALA LUMPUR: Chin Teck Plantations Bhd , HLT Global, Inari Amerton Bhd, Malaysian Pacific Industries Bhd (MPI), Prestariang Bhd and Weida (M) Bhd are among the stocks to watch on Tuesday, according to JF Apex Research. (1-0)
Key beneficiaries in 2018 could include companies such as Inari Amertron Bhd(filepic), Malaysian Pacific Industries Bhd (MPI), Unisem (M) Bhd and Globetronics Technology Bhd, given the fact that sensors and RF are imperatives in a connected world. In addition, prospects of ViTrox Corp Bhd and Pentamaster Corp Bhd are also exciting amid the rising adoption of automation. (3-0)
A view of Kuala Lumpur City Centre in Malaysia August 15, 2017. — Reuters pic KUALA LUMPUR, Dec 21 — AmBank Research said today that the overall earnings prospects are looking positive for local semiconductor companies although valuations are unattractive. (1-0)
KUALA LUMPUR: Shares in Malaysian Pacific Industries Bhd (MPI) tumbled in early trade on Thursday as investors take profits over its gains in the past few trading sessions. (1-0)
KUALA LUMPUR: Malaysian Pacific Industries Bhd (MPI), Eco World Internatioal Bhd and UEM Edgenta Bhd are among the stocks to watch on Thursday, according to JF Apex Research. (3-0)
MarketWatch: Wall Street closed at a record high on Wednesday as videogame makers rallied and Apple’s market value climbed above US$900 billion. The DJIA edged up 0.03% to end at 23,563.36, the S&P 500 gained 0.14% to 2,594.38 and the Nasdaq added 0.32% to 6,789.12. - Reuters (100-0)
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)
KUALA LUMPUR, Aug 18 — Bursa Malaysia ended the morning session broadly lower, tracking Asian peers amid global retreat from riskier assets, while taking the cue from the sharp sell-off on overnight Wall Street.
MarketWatch: US stocks sold off on Thursday, with the S&P 500 recording its biggest daily percentage drop in three months as escalating worries about the Trump administration's ability to push through its economic agenda rattled investors. The DJIA ended down 274.14 points, or 1.24%, to 21,750.73, the S&P 500 lost 38.1 points, or 1.54%, to 2,430.01 and the Nasdaq dropped 123.20 points, or 1.94%, to 6,221.
At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.72 points lower at 1,771.23 from the 1,774.95 at close yesterday. — Bernama picKUALA LUMPUR, May 23 — Bursa Malaysia ended the morning session lower on selling across the board, led by blue chip stocks Petronas Gas and IHH Healthcare, dealers said.
KUALA LUMPUR, May 19 — Bursa Malaysia snapped a three-day losing streak to end higher today as investors confidence improved following Malaysia’s firmer economic performance in the first quarter ended March 31 this year, coupled with a rebound in crude oil prices, dealers said.
At 9.07am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.62 points higher at 1,768.79 from yesterday’s close of 1,767.17. — Reuters picKUALA LUMPUR, May 19 — Bursa Malaysia snapped its losing-streak to open marginally higher, in early trading today, on bargain-hunting activities in line with the overnight rebound on Wall Street, dealers said.