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CIMB ‘neutral’ on semiconductor, replaces Inari with KESM

2018-02-20 thestar.com.my
“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)

Analysts cut earnings forecasts for MPI

2018-01-31 thestar.com.my
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)

MPI shares fall 3% as profit slumps

2018-01-30 thestar.com.my
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)

Trading ideas: Chin Teck, HLT Global, Inari, MPI, Prestariang, Weida

2018-01-30 thestar.com.my
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)

AmInvestment maintains ‘neutral’ call on tech stocks

2017-12-21 thestar.com.my
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)

AmBank Research sees good prospects for semiconductor earnings

2017-12-21 themalaymailonline
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)

MPI shares fall as rally loses steam

2017-11-09 thestar.com.my
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)

Trading ideas: MPI, Eco World International, UEM Edgenta

2017-11-09 thestar.com.my
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)

Breakfast briefing: Thursday, November 9

2017-11-09 thestar.com.my
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)

FBM KLCI down, TM and BAT weigh

2017-10-02 thestar.com.my
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)

Bursa ends morning trade broadly lower

2017-08-18 themalaymailonline
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.

Breakfast briefing: Friday, August 18

2017-08-18 thestar.com.my
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.

Bursa Malaysia ends morning session lower

2017-05-23 themalaymailonline
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.

Bursa ends higher on heightened investor confidence

2017-05-19 themalaymailonline
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.

Bursa snaps losing streak to open marginally higher

2017-05-19 themalaymailonline
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.