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MarketWrap: Wall Street receded from record highs on Monday as a drop in healthcare stocks offset gains caused by higher oil prices and a strong jobs report. - Reuters The S&P 500 opened at a record high before turning modestly negative and closing down 0.09% at 2,180.89. The DJIA edged down 0.08% to end at 18,529.29, while the Nasdaq dropped 0.15% to 5,213.14. Forex summary *The ringgit gained 0.11% to 4.
It said DRB-Hicom expects to secure a partner to grow its automotive business by the first quarter of 2017 and also denied that it may dispose of its entire stake in Proton;
KUALA LUMPUR (Aug 8): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Tuesday, Aug 9) could include: HeiTech Padu, DRB-Hicom, Asian Pac Holdings, Astral Asia, Fajarbaru Builder Group, Malaysia Building Society Bhd (MBSB) and P.I.E Industrial.
MarketWrap: US stocks ended slightly higher on Wednesday after fears eased that the Federal Reserve would strongly signal it would raise interest rates in June, though a slump in Apple shares weighed on the Nasdaq index. - Reuters The DJIA rose 51.23 points, or 0.28%, to 18,041.55, the S&P 500 gained 3.45 points, or 0.16%, to 2,095.15 and the Nasdaq ell 25.14 points, or 0.51%, to 4,863.14. Forex summary *The ringgit rose 0.
The FBM KLCI continued its winning streak for the third straight session today, in tandem with the performance of regional markets. At closing bell, the…
KUALA LUMPUR (Jan 27): The FBM KLCI continued its winning streak for the third straight session today, in tandem with the performance of regional markets. At closing bell, the benchmark KLCI was up 0.3% or 4.88 points at 1,631.54. Trading volume increased to 1.62 billion shares worth RM1.65 billion. Market breadth was mixed, as there were 463 gainers against 375 losing counters, while 356 counters remained unchanged.
Astral Asia Bhd rose 22 sen or 15% after the diversified company proposed a bonus share issue. Astral Asia's businesses include oil palm plantation…
KUALA LUMPUR (Jan 27): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed three stocks with positive momentum and two with negative momentum. Stocks with positive momentum were: Sern Kou Resources Bhd - up 3.5 sen at 68 sen CSC Steel Holdings Bhd - up two sen at RM1.19 CCK Consolidated Holdings Bhd - up six sen at RM1.26 Stocks with negative momentum were: CWorks Systems Bhd - down one sen at 52 sen Astral Asia Bhd - up 20 sen at RM1.
KUALA LUMPUR: JF Apex Research expects Vivocom, Karex, ECS ICT and Ho Hup to be among the stocks to watch on Wednesday.
Companies that made notable announcements to Bursa Malaysia on the first day following a three-day break were ASTRAL ASIA, CWORKS, HO HUP CONSTRUCTION, KINSTEEL, MALAYSIAN RESOURCES CORP BHD, SELANGOR DREDGING and STEMLIFE.
KUALA LUMPUR (Jan 26): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Wednesday, Jan 27) could include the following: Vivocom, Karex, ECS ICT, Astral Asia, CWorks, Selangor Dredging, Ho Hup and IGB REIT. Vivocom International Holdings Bhd (formerly Instacom Group Bhd)'s unit Vivocom Enterprise Sdn Bhd (VESB) will be the main contractor for the construction of a residential development dubbed 'Phase 5 Desa Tasik', for a contract value of RM230 million.
KUALA LUMPUR: Shares of Astral Asia Bhd surged to a multi-year high of RM1.50 on Tuesday ahead of the announcement of a bonus issue.