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KUALA LUMPUR: GFM Services Bhd Spring Gallery Bhd, Dagang Nexchange Bhd (DNeX), Cypark Resources Bhd and Tenaga Nasional Bhd (TNB) are among the stocks to watch on Monday, according to JF Apex Research. (7-0)
MarketWatch: The Dow Jones Industrial Average reached a record high on Monday, with banks and retailers surging and technology companies falling as investors realigned their portfolios in hopes of benefiting from expected corporate tax cuts.. The DJIA rose 0.24% to end at 24,290.05 points, the S&P 500 lost 0.11% to 2,639.44 and the Nasdaq dropped 72.22 points to end at 6,775.37. - Reuters (110-0)
KUALA LUMPUR, Dec 4 — Cypark Resources Bhd announced that its wholly-owned subsidiary, Cypark Renewable Energy Sdn Bhd (CRE), had received a Letter of Acceptance of Offer from the Energy Commission (EC) for the development of large scale solar photovoltaic plant (PV) at Terip Dam, Negri Sembilan. (4-0)
Growth prospects: UOB Kay Hian Research reckons Cypark has growth prospects now that it has transitioned from short-term contracts that are susceptible to economic cycles to concession-related activities. (5-0)
KUALA LUMPUR: PublicInvest Research has downgraded Cypark Resources Bhd to “neutral” due to its limited upside.
KUALA LUMPUR (March 29): Shares of renewable energy firm Cypark Resources Bhd rose 2.22% in early trade this morning after it won three contracts worth RM28.48 million from the Department of National Solid Waste Management.
MarketWatch: US stocks ended sharply higher on Tuesday, with financial and energy shares surging as data showed US consumer confidence soaring to a more than 16-year high. The DJIA rose 150.52 points, or 0.73%, to 20,701.5, the S&P 500 gained 16.98 points, or 0.73%, to 2,358.57 and the Nasdaq added 34.77 points, or 0.6%, to 5,875.14. - Reuters Energy Oil prices rose as much as 2% on Tuesday after a severe disruption to Libyan oil supplies and as officials suggested Opec and other producing countries could extend an output-cuts deal to the end of the year. (0-1)
KUALA LUMPUR (March 29): The FBM KLCI is expected to extend its gains today in tandem with the overnight gains at most global markets.
KUALA LUMPUR (March 28): Based on corporate announcements and news flow today, stocks in focus on Wednesday (March 29) may include: Perak Transit Bhd, Muar Ban Lee Group Bhd, United Malacca Bhd, Cypark Resources Bhd, Astro Malaysia Holdings Bhd, Kelington Group Bhd, UEM Edgenta Bhd, Econpile Holdings Bhd, Handal Resources Bhd and Anzo Holdings Bhd.
KUALA LUMPUR (March 9): The FBM KLCI remained in the negative zone at mid-morning today, weighed by index-linked banking as well as oil and gas-linked stocks.
KUALA LUMPUR (Jan 25): The FBM KLCI is expected to trend higher today and test the 1,690 level, riding on its current momentum and in line with the overnight gains at most global markets.
KUALA LUMPUR (Jan 3): Cypark Resources Bhd shares gained 1.92% in early trade this morning after it posted a net profit of RM11.9 million in its fourth quarter ended Oct 31, 2016 (4QFY16), up 45% from RM8.19 million a year earlier, mainly due to income generated from its landfill operation, as well as its Ladang Tanah Merah project.
KUALA LUMPUR (Jan 3): The FBM KLCI is expected to start 2017 on a positive note today in line with the higher overnight opening at most European markets.
KUALA LUMPUR (Dec 30): Based on corporate announcements and news flow today, stocks in focus on Tuesday (Jan 3, 2017) may include: Pesona Metro Holdings Bhd, HeiTech Padu Bhd, CIMB Group Holdings Bhd, Cypark Resources Bhd, R&A Telecommunication Group Bhd and SMTrack Bhd. (0-1)