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MarketWatch: US stock investors may look to a host of results from consumer-facing companies including Wal-Mart Stores Inc this week for signs on whether the recent market rally has more room to run. - Reuters Top foreign stories Kraft withdraws US$143b offer to merge with Unilever: US food company Kraft Heinz Co withdrew its proposal for a US$143 billion merger with larger rival Unilever Plc, the companies said on Sunday, raising questions about whether Kraft could turn its focus to another target.
KUALA LUMPUR (Aug 25): theedgemarkets.com highlighted nine stocks with momentum at Bursa Malaysia's afternoon market close today. Three stocks showed positive momentum while six displayed negative momentum.
KUALA LUMPUR: The height of negativity surrounding 1Malaysia Development Bhd (1MDB), as well as the US Department of Justice’s (DoJ) kleptocracy case to recover funds it alleged were stolen from 1MDB, is over, according to Affin Hwang Asset Management Bhd.
KUALA LUMPUR (Aug 18): The height of negativity surrounding 1Malaysia Development Bhd (1MDB) and the U.S. Department of Justice's (U.S. DOJ) kleptocracy case in relation to money allegedly stolen from the fund is over and investors have moved beyond that, said Affin Hwang Asset Management Bhd chief investment officer David Ng.
KUALA LUMPUR (Aug 18): The FBM KLCI is expected to trade range bound today in line with the positive overnight close at Wall Street.
KUALA LUMPUR (Aug 17): Based on corporate announcements and news flow today, companies that might be in focus tomorrow (Thursday, Aug 18) include: Paramount Corp, MRCB, Ranhill Holdings, Amway (M) Holdings, Malaysian Bulk Carriers (Maybulk), Pestech International, Malakoff Corp, Malayan Flour Mills (MFM), Hume Industries, Classic Scenic and Kuala Lumpur Kepong (KLK).
KUALA LUMPUR (July 18): theedgemarkets.com highlighted 10 stocks with momentum at Bursa Malaysia’s afternoon market close today. Four showed positive momentum and six with negative momentum.
KUALA LUMPUR (Feb 23): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed one with positive momentum and four with negative momentum. The stock with positive momentum is: Luxchem Corporation Bhd (valuation: 1.70; fundamental: 2.10) up 7 sen at RM1.89 The stocks with negative momentum are: Spritzer Bhd (valuation: 1.40; fundamental: 2.