Company Overview and News
KUALA LUMPUR (Sept 19): The FBM KLCI rose 0.53% at mid-morning today and climbed above the 1,800-point level, tracking gains at the regional markets.
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KUALA LUMPUR (Sept 18): The FBM KLCI fell 0.66% at midday break, as new tariffs announced by Washington on Chinese imports rattled regional markets.
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KUALA LUMPUR (Sept 13): The FBM KLCI dipped 0.39% at mid-morning, dragged by losses at select index-linked blue chips.
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KUALA LUMPUR (Sept 12): The FBM KLCI dipped 0.55% at midday break today, in line with pull back at most regional markets.
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KUALA LUMPUR (Sept 12): The FBM KLCI reversed much of its gains at mid-morning today and slipped below the 1,800-level, in line with wobbly regional markets.
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PETALING JAYA: Petronas Dagangan Bhd ’s (PetDag) growth will likely come from the lubricant segment, with a projected 5% volume growth, following the adoption of a more aggressive sales strategy, said Affin Hwang Capital.
KUALA LUMPUR (Sept 6): Petronas Dagangan Bhd shares rose as much as 32 sen or 1.2% to RM27 so far today after Affin Hwang Investment Bank Bhd initiated coverage on the stock.
THE FBM KLCI breached the psychologically critical level of 1,800 points last week. The benchmark index has risen nearly 9% from this year’s low of 1,663.9 on July 6 and has been on an upward trend since the start of the second half of the year.
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KUALA LUMPUR (Sept 5): The FBM KLCI pared some of its loss at the midday break today, but looked poised to extend its lacklustre start in September.
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KUALA LUMPUR (Sept 3): The FBM KLCI remained in negative zone at mid-morning today as key index-linked blue chips retreated, in tandem with most regional markets.
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KUALA LUMPUR: The FBM KLCI ended a volatile August on a firm note, with the market seeing the re-entry of foreign funds – but still not in a big way – since the May 9 General Election. For the month, the KLCI is up 1.75% or 31.3 points to end at 1,819.66. However, the 30-stock index is still way off the all-time closing high of 1,895 on April 19. At 5pm on Thursday, the KLCI was down 0.98 of a point to 1,819.
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KUALA LUMPUR: The FBM KLCI closed lower on Wednesday as funds took profit on Digi, Hartalega and IHH Healthcare amid a weaker broader market but stocks in focus were Bumi Armada , FGV Holdings and Supermax. At 5pm, the KLCI was down 6.26 points or 0.34% to 1,820.64. Turnover was 2.69 billion shares valued at RM2.63bil. Decliners beat advancers 629 to 355 while 337 counters were unchanged. Global stocks faltered on Wednesday as optimism over a US-Mexico trade deal faded with investors anxious about Canada’s acquiescence and eyeing a deadline for the next round of China-U.
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KUALA LUMPUR: Blue chips fell early Wednesday as investors turned cautious ahead of the US-China tariffs deadline and amid disappointing corporate results for the quarter ended June 30.
2018-09-18 - Asif
Overview Rigel Pharmaceuticals is a biotechnology company dedicated to discovering, developing and providing novel small molecule drugs that significantly improve the lives of patients with immune and hematologic disorders, cancer and rare diseases. The company's pioneering research focuses on signaling pathways that are critical to disease mechanisms. The company's first FDA-approved product is TAVALISSE™ (fostamatinib disodium hexahydrate), an oral spleen tyrosine kinase (SYK) inhibitor, for the treatment of adult patients with chronic immune thrombocytopenia who have had an insufficient response to a previous treatment. The company's current clinical programs include Phase 2 studies of fostamatinib in autoimmune hemolytic anemia and IgA nephropathy, and a Phase 1 study for its IRAK program. In addition, Rigel Pharmaceuticals has product candidates in development with partners BerGenBio AS, Daiichi Sankyo, and Aclaris Therapeutics. Since inception, Rigel Pharmaceuticals h...
2018-09-18 - Asif
Overview The company design, develop and sell exoskeleton technology to augment human strength, endurance and mobility. The company's exoskeleton technology serves multiple markets and can be used both by able-bodied users as well as by persons with physical disabilities. Ekso Bionics has sold, rented or leased devices that (a) enable individuals with neurological conditions affecting gait (stroke and spinal cord injury) to rehabilitate and to walk again and (b) allow industrial workers to perform heavy duty work for extended periods. Today, its medical exoskeleton, Ekso GT, is used as a rehabilitation tool to allow physicians and therapists to rehabilitate patients who have suffered a stroke or spinal cord injury. With its unique features designed specifically for hospitals and its proprietary SmartAssist software, Ekso GT allows for the early mobilization of patients, with high step count and high dosage treatments. The intent is to allow the patient’s central nervous syst...
2018-09-18 - Asif
Overview Agile Therapeutics is a forward-thinking women’s healthcare company dedicated to fulfilling the unmet health needs of today’s women. Twirla® and its other current potential product candidates are designed to provide women with contraceptive options that offer greater convenience and facilitate compliance. The company's lead product candidate, Twirla, also known as AG200-15, is a once-weekly prescription contraceptive patch that is at the end of Phase 3 clinical development. Since its inception in 1997, Agile Therapeutics has devoted substantial resources to developing Twirla, building its intellectual property portfolio, business planning, raising capital and providing general and administrative support for these operations. The company incurred research and development expenses of $14.4 million, $20.9 million and $25.6 million during the years ended December 31, 2017, 2016 and 2015, respectively. The company incurred research and development expenses of $2.4 milli...