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KLCI expected to trend higher, test 1,690

2017-01-25 theedgemarkets
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.

KLCI to trade range bound in tandem with shaky global markets

2016-10-31 theedgemarkets
KUALA LUMPUR (Nov 1): The FBM KLCI is likely to trade range bound today in line with the overnight shaky global equity markets and struggling Wall Street with declining crude oil prices.

AirAsia, AirAsia X, MAHB, Coastal Contracts, Kumpulan Perangsang Selangor, Ekovest, Sasbadi and Caring

2016-10-31 theedgemarkets
KUALA LUMPUR (Oct 31): Based on corporate announcements and news flow today, companies that may be focus tomorrow (Nov 1) could include: AirAsia, AirAsia X, MAHB, Coastal Contracts, Kumpulan Perangsang Selangor, Ekovest, Sasbadi and Caring.

Caring Pharmacy's 2Q net profit falls 8.4% on lower margin

2016-01-27 theedgemarkets
KUALA LUMPUR (Jan 27): Caring Pharmacy Group Bhd’s net profit fell 8.4% to RM1.92 million or 0.88 sen a share for the second financial quarter ended Nov 30, 2015 (2QFY16), from RM2.09 million or 0.96 sen a share a year ago, mainly due to lower margin arising from lower selling price which resulted from market competition. Revenue for 2QFY16 grew 10.4% to RM98.29 million, from RM89.01 million in 2QFY15, mainly contributed by the 13 new outlets opened during its financial years 2015 and 2016, coupled with the revenue growth from existing outlets.