Company Overview and News

KLCI tracks regional gains, select blue chips lift

2018-09-14 theedgemarkets
KUALA LUMPUR (Sept 14): The FBM KLCI edged up in early trade this morning, lifted by select blue chips, tracking gains at most regional markets.
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Most slide on trade war jitters, headed for weekly decline

2018-09-07 theedgemarkets
(Sept 7): Most Southeast Asian stock markets fell on Friday in line with broader Asia, as investors feared a new round of Sino-U.S. tariffs, while lingering economic woes in emerging markets also hit sentiment.

KLCI remains under pressure, struggles to defend 1,800-level

2018-09-07 theedgemarkets
KUALA LUMPUR (Sept 7): The FBM KLCI remained under pressure at midday break today and struggled to defend its 1,800-point level.
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KLCI pares gains, dips below 1,800-level as regional markets slip

2018-09-07 theedgemarkets
KUALA LUMPUR (Sept 7): The FBM KLCI pared some of its gains at mid-morning today amid some chopping trading as regional markets slipped.
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Tenaga, Public Bank lift KLCI in early trade

2018-09-07 theedgemarkets
KUALA LUMPUR (Sept 7): The FBM KLCI edged higher in early trade this morning, lifted by gains at index-linked heavyweights.
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Stock market could be volatile in the months ahead, says CIMB Research

2018-09-05 theedgemarkets
KUALA LUMPUR (Sept 5): CIMB IB Research said August was a good month for the KLCI as the market ended on a positive note despite disappointing 2Q GDP growth and a soft corporate earnings season but said the stock market could be volatile in the months ahead.
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Trend is bullish but may pull back

2018-09-05 theedgemarkets
The FBM KLCI climbed to its highest level in three months last week in a mixed global market on higher crude and crude palm oil prices. However, the last two trading days were directionless as the market started to take profits after the index rose to a three-month high. The FBM KLCI increased 0.6% in a week to 1,819.66 points last Thursday. Not much movement in the market this week and the index closed at 1,812.
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Genting Bhd shares fall to lowest in eight weeks

2018-09-03 theedgemarkets
KUALA LUMPUR (Sept 3): Genting Bhd shares fell 2 percent, more than any full-day drop since June 12, as Malaysia's benchmark index declined.

Trading ideas: Econpile, Destini, Sentoria, Dayang

KUALA LUMPUR: Econpile Holdings Bhd , Destini Bhd , Sentoria Group Bhd and Dayang Enterprise Holdings Bhd are among the stocks to watch today, according to JF Apex Research.
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Genting first half earnings retreat

Revenue and Ebitda from Resorts World Sentosa for H1’18 were comparable with that of the previous year, with growth in both the gaming and non-gaming businesses.

Genting’s 2Q net profit down 16%, declares 8.5 sen dividend

2018-08-29 theedgemarkets
KUALA LUMPUR (Aug 29): Genting Bhd’s net profit for the second quarter of its financial year ending Dec 31, 2018 (2QFY18) slipped 16% year-on-year to RM383.52 million from RM454.14 million, dragged by reduced earnings from its overseas leisure and hospitality businesses, as well as lower plantation and power contributions.

Economist: Govt to review several subsidy systems next year

2018-08-26 malaymail
KUALA LUMPUR, Aug 26 ― The government is expected to review several subsidy systems by next year, says Maybank Investment Bank Bhd (Maybank IB) Group Chief Economist Suhaimi Ilias.
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KLCI pares gains as decliners overtake advancers

2018-08-10 theedgemarkets
KUALA LUMPUR (Aug 10): The FBM KLCI pared some of its gains at midday today as decliners overtook advancers, tracking the sentiment at most regional markets.
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Genting’s S’pore unit 2Q profit in line with forecasts

2018-08-07 theedgemarkets
Genting Bhd (Aug 6, RM8.69) Retain outperform with an unchanged target price of RM11.50: Genting Singapore plc, a 52.7% subsidiary of Genting Bhd, reported a net profit of S$177.6 million (RM724.61 million) for the second quarter of financial year 2018 (2QFY18), posting a year-on-year (y-o-y) growth of 23.9%. The results were in line with our and consensus full-year forecasts for Genting Singapore.

Billion Ringgit Club 2018: The Edge Billion Ringgit Club is back for the ninth year

2018-08-03 theedgemarkets
THE Edge Media Group and partners are celebrating Corporate Malaysia’s best-performing companies and top responsible organisations at The Edge Billion Ringgit Club (BRC) gala dinner for the ninth straight year.
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