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Sime Darby shares down on profit concern

14h themalaymailonline
A Sime Darby logo is on display at the entrance to its plantation in Sepang outside Kuala Lumpur in this August 5, 2010 file photo. — Reuters pic KUALA LUMPUR, Nov 21 — Sime Darby Bhd’s shares were down in the morning session today on concerns over the company’s profit following a hike in India’s crude palm oil (CPO) levy. (5-0)

Sime units on track for listing after EGM vote

Not overly worried about Moody’s rating on the lower valuation for Sime Darby after the discontinuation of its property and plantation operations, Sime Darby group chief financial officer Datuk Tong Poh Keow (pic) said the group is well prepared for that. (11-0)

KL shares close lower

2017-11-20 themalaymailonline
KUALA LUMPUR, Nov 20 — Bursa Malaysia ended lower today, weighed by selling activities on small-capitalised stocks amid bearish external sentiment, dealers said. (13-0)

Sime Darby gets shareholders' nod for demerger


Bursa turns lower at mid-morning

2017-11-20 themalaymailonline
On the broader market, losers thumped gainers by 415 to 215, while 357 counters remained unchanged with 887 untraded and 21 others suspended. — Malay Mail picKUALA LUMPUR, Nov 20 — Bursa Malaysia was lower at mid-morning today due to uncertainties over highly volatile external markets and global oil prices, dealers said. (13-0)

Bursa opens higher on bullish sentiment

2017-11-20 themalaymailonline
On the scoreboard, the FBM Emas Index was 22.65 points firmer at 12,439.57, FBMT 100 Index advanced 22.319 points to 12,085.6, FBM Emas Shariah Index perked 27.96 points to 12,885.82 and FBM 70 climbed 28.08 points to 15,339.23. — Bernama picKUALA LUMPUR, Nov 20 — Bursa Malaysia opened higher today on bullish sentiment following the release of a stronger set of third quarter gross domestic product (GDP) data last week, a dealer said. (9-0)

Bursa Malaysia ends higher on strong Q3 GDP

2017-11-17 themalaymailonline
KUALA LUMPUR, Nov 17 — Bursa Malaysia ended higher today, as the stronger-than-expected third quarter (Q3) gross domestic product (GDP) released today injected more investor confidence into the local market. (13-0)

Bursa ends morning session higher

2017-11-17 themalaymailonline
KUALA LUMPUR, Nov 17 — Bursa Malaysia ended the morning session on a positive note today, bolstered by the stronger-than-expected third quarter 2017 (3Q17) results released today. (13-0)

Genting, CIMB rebound to lift KLCI higher

KUALA LUMPUR: The FBM KLCI took on a bullish mood in morning trade as it rebounded from heavy selling over the previous four trading sessions. Bank Negara Malaysia's Friday noon announcement that the gross domestic product (GDP) expanded 6.2%, beating estimates, in the third quarter of 2017 lifted sentiments. (23-0)

Sime, Genting lift KLCI early Friday

KUALA LUMPUR: After four straight days of losses, investor sentiment perked up a bit early Friday, aided by gains in conglomerate Sime Darby and Genting Bhd . At 9.25am, the FBM KLCI rose 6.12 points or 0.36% to 1,724.23. Turnover was 273.52 million shares valued at RM107.76mil. There were 243 gainers, 131 losers and 234 counters unchanged. Asian shares rose on Friday as strong US earnings and a step forward in the US Congress on tax reform brightened the mood, even though investors noted that many more hurdles must be passed to reach a final deal on tax cuts, Reuters reported. (6-0)

Bursa snaps losing streak to open higher

2017-11-17 themalaymailonline
KUALA LUMPUR, Nov 17 — Bursa Malaysia snapped its losing streak over five consecutive-days to open higher this morning as bargain-hunting emerged as the Wall Street rebounded overnight. (13-0)

Trading ideas: Sime Darby, Salcon, Econpile, Voir, LBS

KUALA LUMPUR: Sime Darby Bhd , Salcon Bhd , Econpile Holdings Bhd , Voir Holdings Bhd and LBS Bina Group Bhd are among the stocks to watch on Friday, according to JF Apex Research. (5-0)

Sime Darby unit to sell loan stocks in Prolintas to PNB

2017-11-16 themalaymailonline
Sime Darby said the sale and transfer would not have a material effect on its earnings per share, net assets per share, gearing, share capital and its substantial shareholders’ shareholding for the financial year ending June 30, 2018. — Reuters pic KUALA LUMPUR, Nov 26 — Kumpulan Jelei Sdn Bhd, an indirect wholly-owned unit of Sime Darby Bhd, has signed a sale and purchase agreement with Permodalan Nasional Bhd (PNB) for the sale and transfer of the redeemable loan stocks it held in Prolintas Expressway Sdn Bhd for RM333. (9-0)