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Finance stocks lift KL shares to end 10 pts higher

2017-12-12 themalaymailonline
KUALA LUMPUR, Dec 12 — Bursa Malaysia, which started trading on an easier note, finished higher today, driven by gains in most blue chip finance stocks led by CIMB Group. (8-0)

Bursa up slightly at mid-day

2017-12-12 themalaymailonline
KUALA LUMPUR, Dec 12 — Bursa Malaysia rebounded at mid-day from its lower opening earlier as buyers started to nibble on stocks in a market interspersed with mild profit-taking. (15-0)

KLCI gains ground on positive Chinese trade data

KUALA LUMPUR: Asian markets were given a boost on Friday as Chinese trade data was showed to accelerate in October. The local benchmark index was also on the rise, gaining 4.24 points to 1,723.29 points. Turnover was 961.42 million shares with a value of RM1.05bil. Market breadth remained negative, with 337 decliners versus 230 gainers and 473 counters unchanged. Banking stocks came into play on the local market, with Hong Leong Bank rising 10 sen higher to RM16. (18-0)

KL shares end morning session lower

2017-12-06 themalaymailonline
KUALA LUMPUR, Dec 6 — Bursa Malaysia ended the morning session lower today on weaker buying sentiment in the overall market, led by financial stocks. (23-0)

Blue chips give up early gains; oil prices slip

KUALA LUMPUR: The local bourse moved into negative territory less than an hour into the morning session as blue chips gave up early gains and Maybank weighed. Regionally, equity markets were in the red as Wall Street came under pressure from declining oil prices.  US energy stocks including General Electric brought US indexes lower as oil prices slipped from 28-month highs achieved last week. At midday, the FBM KLCI was 1. (30-0)

Bursa ends lower on profit-taking

2017-11-10 themalaymailonline
KUALA LUMPUR, Nov 10 — Bursa Malaysia finished the week lower on profit-taking in selected heavyweights and trade and services counters, dealers said. (7-0)

KL shares higher in early trade

2017-11-06 themalaymailonline
Market breadth was positive with gainers outpacing decliners 227 to 124 while 224 counters were unchanged, 1,239 untraded and 29 others were suspended. — Bernama picKUALA LUMPUR, Nov 6 — Bursa Malaysia opened higher on Monday prompted by buying interest for selected heavyweights. (11-0)

Trading ideas: HLFG, Sasbadi, UEM Edgenta, ECS ICT, Kronologi

KUALA LUMPUR: Hong Leong Financial Group Bhd (HLFG), Sasbadi Holdings Bhd , UEM Edgenta, ECS ICT and Kronologi Asia Bhd are among the stocks to watch on Friday, according to JF Apex Research. (2-1)

Hong Leong plans large capital call

Hong Leong Financial Group Bhd (HLFG), which owns 65.7% of HLB, is looking to raise RM25bil via a perpetual notes and commercial papers programme. (6-1)

HFLG, Hong Leong Bank set up multi-billion ringgit debt programmes

Tags / Keywords: Corporate News , Banking , Hong Leong Financial Group Bhd , Hong Leong Bank Bhd (2-1)

RAM Ratings upgrades HLB, HLISB and HLIB ratings to AAA

2017-11-02 themalaymailonline
KUALA LUMPUR, Nov 2 — RAM Ratings Services Bhd has upgraded Hong Leong Bank Bhd (HLB), Hong Leong Islamic Bank Bhd and Hong Leong Investment Bank Bhd’s long-term financial institution ratings to AAA from AA1, with a stable outlook. (2-1)

Bursa Malaysia ends higher on bargain hunting

2017-10-03 themalaymailonline
KUALA LUMPUR, Oct 3 — The FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded to close higher today, ending a 10-day losing streak, on bargain hunting in selected heavyweights. (16-2)

Bursa mixed at mid-afternoon

2017-10-03 themalaymailonline
On a broader market, losers surpassed gainers 370 to 334, with 386 counters unchanged, 746 untraded and 18 others suspended. — Bernama picKUALA LUMPUR, Oct 3 — Bursa Malaysia was mixed at mid-afternoon today on lack of catalysts.   (12-1)

Limitation in the value of Teh and Quek’s shareholding

TAN Sri Teh Hong Piow and Tan Sri Quek Leng Chan, the owners of two Chinese banks are multi-billionaires.

Public Bank game changer

For instance, try walking into any Public Bank branch and you will find the familiar photograph of Tan Sri Teh Hong Piow, the 87-year-old founder, framed on the wall of the banking hall.